Europe Commercial Telematics Market 2021-26 | Size, Trends, Share, Growth and Forecast

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Europe Commercial Telematics Market 2021-26 | Size, Trends, Share, Growth and Forecast

Posted By Abhay Kumar     March 22, 2023    

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According to the latest report by IMARC Group “Europe Commercial Telematics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The Europe commercial telematics market is expected to exhibit robust growth during 2021-2026.

Telematics refers to an interdisciplinary field that comprises of vehicular technologies, electrical engineering, computer science, etc. Commercial telematics represents the solutions and services that assist in monitoring commercial vehicles via telecommunications. It works through onboard diagnostic systems and global positioning systems (GPS) to record the speed, movement, location, etc., of vehicles. Commercial telematics enables the interchange of information between a central authority and a commercial vehicle and sends alerts in case of any emergency. It is extensively utilized by insurance providers to analyze driver behavior to determine risk factors. Commercial telematics finds diverse applications across numerous industries, including transportation, logistics, travel, media, construction, healthcare, etc.

Request for a free sample copy of this report: https://www.imarcgroup.com/europe-commercial-telematics-market/requestsample

Market Trends:

The growing adoption of mobile resource management is primarily driving the Europe commercial telematics market. Additionally, the implementation of several stringent measures by government bodies to ensure the safety of employees, owing to the escalating incidences of worker accidents, is further propelling the market growth. In line with this, the increasing demand for commercial telematics across various industries and sectors, such as oil and gas, mining, food and beverage (F&B), waste management, etc., is augmenting the regional market. Moreover, the expanding transportation industry and the inflating utilization of smart transportation systems are positively influencing the market growth. Besides this, the rapid development of video-based telematics is anticipated to bolster the Europe commercial telematics market over the forecasted period.

Breakup by Type:

  • Solution
  • Fleet Tracking and Monitoring
  • Driver Management
  • Insurance Telematics
  • Safety and Compliance
  • V2X Solutions
  • Others
  • Services
  • Professional Services
  • Managed Services

Breakup by System Type:

  • Embedded
  • Tethered
  • Smartphone Integrated

Breakup by Provider Type:

  • OEM
  • Aftermarket

Breakup by End Use Industry:

  • Transportation and Logistics
  • Media and Entertainment
  • Government and Utilities
  • Travel and Tourism
  • Construction
  • Healthcare
  • Others

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=4745&flag=C

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Comments

1 comment
  • Lili Gravus
    Lili Gravus  · Feb 16
    Telematics transport tracking systems are the most effective approach to achieve remote monitoring of vehicle conditions. Of course, each business owner determines what is ideal for their firm, thus the combination of integrated components may vary. So,...  more