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Transparency Market Research, a leading market research and analysis firm, has released a new report, detailing the global commercial telematics market. According to the report, titled ‘Commercial Telematics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020’, the global market is rising at an 18.0% CAGR from 2014 to 2020, to grow from a valuation of close to US$14.7 bn in 2013 to US$46.2 bn in 2020. Browse the full 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 report at https://www.transparencymarketresearch.com/commercial-telematics-market.html The global market for commercial telematics is segmented on the...

The global market for commercial telematics is segmented on the basis of market type into OEM telematics and aftermarket telematics. This refers to the stage when the telematics systems are introduced into the vehicle, with OEM telematics systems being installed during manufacture and aftermarket telematics being bought and installed by the customers themselves. Among these two sales channel segments, aftermarket commercial telematics dominate the market, with a 59% share in 2013. These services are majorly used to provide services such as satellite navigation and infotainment options. The advent of modern wireless connectivity has enhanced both these application sectors, with wireless streaming of infotainment options catching on rapidly among the customer pool.Due to growing government support for the installation of safety telematics services such as satellite navigation and GPS location tracking, the OEM commercial telematics market is expected to expand at a higher CAGR than afte...