Published: Apr, 2018

The vendor landscape in the global commercial telematics market is highly competitive and is the scenario is projected to remain so over the next few years, states a new research report by Transparency Market Research (TMR). Verizon Communications Inc., Masternaut Ltd., WirelessCar AB, Omnitracs LLC, OnStar LLC, and MIX Telematics Ltd. are some of the key players in this market. These players are increasingly being involved into agreements and collaborations on the basis of technology. For example, AT&T has been working in collaboration with various automotive manufacturers to provide its customers with contextual voice controls, which can help them in having a safer driving experience.

According to the research report, the global market for commercial telematics was worth US$14.7 bn in 2013. Increasing at a CAGR of 18.0% during the period from 2014 to 2020, the market’s opportunity is anticipated to touch US$46.2 bn mark by the end of the period of the forecast. Commercial telematics solutions find significant application in fleet and asset management and insurance telematics and are anticipated to remain doing so over the next few years. The demand for OEM telematics is relatively higher than aftermarket telematics. Analysts anticipate this trend to continue in the near future. Geographically, North America has been dominating the global market and is anticipated to remain on the top over the forthcoming years, states the research report.

Rising Penetration of Smart Phones to Boost Growth

The global market for commercial telematics has been witnessing tremendous growth over the past few years and market trends point towards a bright future. According to a TMR analyst, “the significant rise in the demand for smart phones among consumers and the lowered cost of connectivity across the world are reflecting positively on the sales of commercial telematics, globally.” The increasing implementation of government rules and regulations regarding road safety, such as road infrastructure policies and safety compliance mandates, and the easy availability of high-speed Internet technologies, such as LTE, are likely to support the growth of this market in the years to come, reports the research study.

High Initial Costs to Hamper Market

On the other hand, the high initial costs incurred in the deployment of telematics technology may create obstacles in the otherwise smooth growth trajectory of the global commercial telematics market in the near future. The increasing concerns over privacy in relation with the exposure of sensitive data may also hamper the market over the next few years, states the market report.

The review is based on a report by Transparency Market Research (TMR), titled “Commercial Telematics Market (By Type - OEM Telematics (Embedded and Hybrid) and Aftermarket Telematics (Embedded and Portable); By Application - Fleet/Asset Management, Satellite Navigation, Infotainment, Insurance Telematics, Telehealth Solutions, Remote Alarm and Monitoring, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

The global commercial telematics market is segmented into:

By Type

  • OEM Telematics
    • Embedded OEM Systems
    • Hybrid OEM Systems
  • Aftermarket Telematics
    • Embedded Aftermarket Telematics
    • Portable Aftermarket Telematics

By Application

  • Fleet/Asset Management
  • Satellite Navigation
  • Infotainment
  • Insurance Telematics 
  • Telehealth Solutions
  • Remote Alarm and Monitoring
  • Others 

By End-use Industry

  • Transportation and Logistics
  • Healthcare
  • Construction
  • Government and Utilities
  • Insurance
  • Manufacturing 

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

About Us

“Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”


Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453