TechNavio's analysts forecast the Global Commercial Vehicle Telematics market to grow at a CAGR of 9.09 percent in terms of revenue over the period 2011-2015. One of the key factors for this growth is the increasing fleet tracking and trailer tracking system subscriptions, which directly influence the demand for commercial vehicle telematics. The Global Commercial Vehicle Telematics market has also been witnessing the increasing usage of cloud-based telematics during the forecast period. However, the high cost of telematics is acting as a barrier to the market growth.
TechNavio's research report, the Global Commercial Vehicle Telematics Market 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Commercial Vehicle Telematics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The scope of this report includes the entire range of telematics for light, medium, and heavy commercial vehicles available in the Global Commercial Vehicle Telematics market.
Key vendors dominating this market space include Qualcomm Enterprise Services, AirIQ Inc., MiX Telematics Ltd., and OnStar Corp.
Other vendors mentioned in the report: Wireless Matrix Corp., ATX Group Inc., ETAS Group, and Minorplanet Systems plc.
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