Commercial Telematics Market Segmentation:
End-user
The global commercial telematics market is segmented and analyzed for demand and supply by end-users into transportation & logistics, insurers, healthcare, media & entertainment, vehicle manufacturers, and government agencies. Out of the six types of end users, the transportation & logistics segment is estimated to gain the largest market share over the projected time frame. Vehicle telematics helps in monitoring the vehicle schedules, and behavior of the driver. It also helps in tracking the vehicle and the estimated time of arrival. The growth of the segment can be attributed to the increasing use of online services for food and grocery delivery. Around 38% of American consumers had used a food delivery app as of March 2020 to order food. 47% of Americans utilized a food delivery app by March 2021. Moreover, in America, almost everyone orders food online, and nearly 86% of people order online food at least once a month. Furthermore, segment growth is also expected on the account of rising trends in online shopping. In 2021, there were around 2 billion people who did online shopping, worldwide.
Solution Type
The global commercial telematics market is also segmented and analyzed for demand and supply by solution type into OEM and aftermarket. Amongst these segments, the OEM segment is anticipated to garner the largest revenue by the end of 2035, backed by the increasing strategic partnerships of automobile manufacturers with telematics service providers. For instance, in March 2017, General Motors announced a strategic partnership with Spareon to facilitate telematics solutions to General Motor’s fleet customers.
Our in-depth analysis of the global commercial telematics market digestive health market includes the following segments:
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By Solution Type |
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By Application |
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By End User |
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