Uploaded on Aug 1, 2024
According to the latest research report by IMARC Group, The Europe commercial telematics market size reached US$ 11.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.3 Billion by 2032, exhibiting a growth rate (CAGR) of 15.28% during 2024-2032. More Info:- https://www.imarcgroup.com/europe-commercial-telematics-market
Europe Commercial Telematics Market Growth, Demand and Challenges of the Key Industry Players 2024-32
Europe Commercial Telematics Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . A c c o r d i n g t o t h e l a t e s t r e p o r t b y IM A R C G r o u p , t i t l e d " E u r o p e C o m m e r c ia l T e le m a t i c s M a r k e t : I n d u s t r y T r e n d s , S h a r e , S i z e , G r o w t h , O p p o r t u n i t y a n d F o r e c a s t 2 0 2 4 - 2 0 3 2 , " t h e E u r o p e c o m m e r c i a l t e l e ma t i c s m a r k e t s i z e r e a c h e d U S $ 1 1 .9 B i l l i o n i n 2 0 2 3 . C o m me r c i a l t e l e m a t i c s i s a m u l t i - d i m e n s i o n a l t e c h n o l o g y t h a t e n c o m p a s s e s t h e i n t e g r a t i o n o f t e l e c o m m u n i c a t i o n s a n d i n f o r m a t i c s t o o f f e r s o l u t i o n s f o r m o n i t o r i n g , Report c o n t r o l l i n g , a n d c o m m u n i c a t i n g w i t h i n v e h i c l e s a n d w i t h e x te r n a l s y s te m s . T h i s t e c h n o l o g y i s p a r t i c u l a r l y i n s t r u m e n ta l i n t h e t r a n s p o r t a t i o n a n d l o g i s t i c s s e c t o r , p r o v i d i n g r e a l - t i m e i n f o r m a t i o n o n v e h i c l e t r a c k i n g , d r i v e r b e h a v i o r , a n d f l e e t m a n a g e m e n t . I t i n c l u d e s Highlight and s e r v i c e s s u c h a s G P S t r a c k i n g , v e h i c l e d i a g n o s t i c s , a n d n a v i g a t i o n a s s i s t a n c e , a l l w o r k i n g s e a m l e s s l y t o e n h a n c e o p e r a t i o n a l e f f i c i e n c y , s a f e t y , a n d c o m p l i a n c e w i t h i n t r a n s p o r t a t i o n - r e l a t e d i n d u s t r i e s . I n t h e c o m m e r c i a l s p a c e , t h i s s y s te m i s p r i m a r i l y Description a p p l i e d i n f l e e t m a n a g e m e n t o f c o m m e r c i a l t r u c k s , t r a i l e r s , a n d r e l a t e d v e h i c l e s t o o p t i m i z e r o u t e s , i m p r o v e f u e l e f f i c i e n c y , a n d r e d u c e o p e r a t i n g c o s t s . T h e s y s te m ’ s a b i l i t y t o d e l i v e r r e a l - t i m e d a t a r e g a r d i n g v e h i c l e p e r f o r m a n c e a n d i t s i n t e r a c t i o n w i t h v a r i o u s e n v i r o n m e n t a l f a c t o r s r e p r e s e n t s a s i g n i f i c a n t a d v a n c e m e n t i n t h e l o g i s t i c s a n d t r a n s p o r t a t i o n i n d u s t r y . R e q u e s t f o r a P D F s a m p le o f t h is r e p o r t : h t t p s : / / w w w . i m a r c g r o u p . c o m /e u r o p e - c o m m e r c i a l - t e l e m a t i c s - m a r k e t / r e q u e s t s a m p l e Report Description E u r o p e C o m m e r c i a l T e l e m a t i c s M a r k e t T r e n d s : I n E u r o p e , t h e c o m m e r c i a l t e l e m a t i c s m a r k e t h a s b e e n e x h i b i t i n g r o b u s t g r o w t h , d r i v e n b y t h e s t r i n g e n t r e g u l a t o r y l a n d s c a p e t h a t p r o m o t e s t h e a d o p t i o n o f s a f e t y m e a s u r e s a n d e f f i c i e n c y w i t h i n t h e t r a n s p o r t a t i o n s e c t o r . A s E u r o p e a n g o v e r n m e n t s c o n t i n u e t o p u s h f o r g r e e n e r t r a n s p o r t a t i o n s o l u t i o n s , t h e d e m a n d f o r t e c h n o l o g i e s t h a t c a n r e d u c e e m i s s i o n s a n d e n h a n c e f u e l e f f i c i e n c y h a s e s c a l a t e d . A l o n g w i t h t h i s , t h e c o m m e r c i a l t e l e m a t i c s s y s t e m , i n t h i s r e g a r d , p l a y s a p i v o t a l r o l e . M o r e o v e r , t h e r i s i n g n e e d f o r f l e e t o p t i m i z a t i o n a n d t h e i n c r e a s i n g p o p u l a r i t y o f s h a r e d m o b i l i t y s e r v i c e s h a v e a m p l i f i e d t h e a d o p t i o n o f c o m m e r c i a l t e l e m a t i c s . A p a r t f r o m t h i s , t h e g r o w i n g a w a r e n e s s a m o n g b u s i n e s s e s a b o u t t h e s u b s t a n t i a l c o s t s a v i n g s a n d e f f i c i e n c y i m p r o v e m e n t s t h a t t e l e m a t i c s c a n o f f e r f u r t h e r s t r e n g t h e n s t h e m a r k e t . I n c o n f l u e n c e w i t h t h i s , t h e i n t e g r a t i o n o f a d v a n c e d t e c h n o l o g i e s , i n c l u d i n g A r t i f i c i a l I n t e l l i g e n c e ( A I ) a n d t h e I n t e r n e t o f T h i n g s ( I o T ) w i t h t e l e m a t i c s h a s c r e a t e d n e w a v e n u e s f o r g r o w t h , m a k i n g r e a l - t i m e d a t a m o r e a c c e s s i b l e a n d a c t i o n a b l e f o r b u s i n e s s e s . F u r t h e r m o r e , t h e e v o l u t i o n o f 5 G t e c h n o l o g y i s e x p e c t e d t o s p u r t h e d e v e l o p m e n t a n d p r o l i f e r a t i o n o f a d v a n c e d c o m m e r c i a l t e l e m a t i c s a p p l i c a t i o n s , p r o v i d i n g f a s t e r a n d m o r e r e l i a b l e c o n n e c t i o n s . A d d i t i o n a l l y , c o n s u m e r d e m a n d f o r e n h a n c e d v e h i c l e f e a t u r e s a n d t h e t r e n d t o w a r d s a u t o n o m o u s d r i v i n g a r e s t i m u l a t i n g i n n o v a t i o n i n t h e i n d u s t r y , f o s t e r i n g a f a v o r a b l e e n v i r o n m e n t f o r t h e E u r o p e a n c o m m e r c i a l t e l e m a t i c s m a r k e t . L o o k i n g f o r w a r d , t h e m a r k e t v a l u e i s p r o j e c t e d t o r e a c h U S $ 4 4 . 3 B i l l i o n b y 2 0 3 2 , e x p a n d i n g a t a C A G R o f 1 5 . 2 8 % d u r i n g 2 0 2 4 - 2 0 3 2 . V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / e u r o p e - c o m m e r c i a l - t e l e m a t i c s - m a r k e t Type Insights: • Solut ion o Fleet Tracking and Monitor ing o Driver Management o Insurance Telematics o Safety and Compliance o V2X Solut ions Report o Others Segmentation • Services o Professional Services o Managed Services System Type Insights: • Embedded • Tethered • Smartphone Integrated Provider Type Insights: • OEM • Aftermarket End Use Industry Insights: • Transportation and Logist ics Report • Media and Entertainment Segmentation • Government and Uti l i t ies • Travel and Tourism • Construct ion • Healthcare • Others Country Insights: • Germany • France • United Kingdom • I ta ly • Spain Report • Others Segmentation How has the Europe commercial telematics market performed so far, and how will it perform in the coming years? What are the drivers, restraints, and opportunities in the Europe commercial telematics market? What is the impact of each driver, restraint, and opportunity on the Europe commercial telematics Key market? Questions What is the breakup of the market based on the type? Answered in Which is the most attractive type in the Europe the Report commercial telematics market? What is the breakup of the market based on system type? Which is the most attractive system type in the Europe commercial telematics market? What is the breakup of the market based on the provider type? Which is the most attractive provider type in the Europe commercial telematics market? What is the breakup of the market based on the end use industry? Key Questions Which is the most attractive end use industry in the Europe commercial telematics market? Answered in What is the competitive structure of the Europe the Report commercial telematics market? Who are the key players/companies in the Europe commercial telematics market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 E u r o p e C o m m e r c i a l T e l e m a t i c s M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y T y p e 6 . 1 S o l u t i o n 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a j o r T y p e s 6 . 1 . 2 . 1 F l e e t T r a c k i n g a n d M o n i t o r i n g 6 . 1 . 2 . 2 D r i v e r M a n a g e m e n t 6 . 1 . 2 . 3 I n s u r a n c e T e l e m a t i c s 6 . 1 . 2 . 4 S a f e t y a n d C o m p l i a n c e 6 . 1 . 2 . 5 V 2 X S o l u t i o n s 6 . 1 . 2 . 6 O t h e r s 6 . 1 . 3 M a r k e t F o r e c a s t 6 . 2 S e r v i c e s 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a j o r T y p e s 6 . 2 . 2 . 1 P r o f e s s i o n a l S e r v i c e s 6 . 2 . 2 . 2 M a n a g e d S e r v i c e s 6 . 2 . 3 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y S y s t e m T y p e 7 . 1 E m b e d d e d 7 . 1 . 1 M a r k e t T r e n d s Table of 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 T e t h e r e d 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t Contents 7 . 3 S m a r t p h o n e I n t e g r a t e d 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y P r o v i d e r T y p e 8 . 1 O E M 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 A f t e r m a r k e t 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y E n d U s e I n d u s t r y 9 . 1 T r a n s p o r t a t i o n a n d L o g i s t i c s 9 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /e uro p e -c o mm erc i a l - t e l em at i c s - ma rke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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