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Global Commercial Telematics Market 2017-2021: Key Vendors are MiX Telematics, TomTom Telematics, Trimble & Verizon - Research and Markets

[August 09, 2017]

Global Commercial Telematics Market 2017-2021: Key Vendors are MiX Telematics, TomTom Telematics, Trimble & Verizon - Research and Markets

The "Global Commercial Telematics Market 2017-2021" report has been added to Research and Markets' offering.

The global commercial telematics market to decline at a CAGR of 18.42% during the period 2017-2021.

Global Commercial Telematics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is globalization of the telematics supply chain. Global trade activities have increased the fragmentation of logistics and production centers, creating new markets for commercial vehicle telematics. Supply chains have to be broken up into multiple stages with an increase in manufacturing costs in developed countries and te continued search for low-cost sources. Assembly operations are outsourced to countries, such as China, where the manufacturing costs are lower to reduce costs. The resulting need for the efficient transportation of assembled goods between various supply points increases demand for commercial vehicle telematics systems.

Key Vendors