Market Research Report

A quick peek into the report

1.1   Industry Outlook
1.1.1   Telematics Overview
1.1.1.1   Telematics-Based Services
1.1.1.1.1   Information and Navigation
1.1.1.1.2   Safety and Security
1.1.1.1.3   Entertainment
1.1.1.1.4   Remote Diagnostics
1.1.1.2   Evolution of Automotive Telematics
1.1.1.3   Commercial Vehicle Telematics Insurance
1.1.2   Trends: Current and Future
1.1.2.1   5G: The Next Generation of Connectivity
1.1.2.2   Telematics Data Analytics
1.1.2.3   Truck Platooning
1.1.2.4   Emergence of Connected and Autonomous Vehicles
1.1.3   Ecosystem Participants
1.2   Business Dynamics
1.2.1   Business Drivers
1.2.1.1   Stringent Government Rules and Regulations Regarding Vehicular and Passenger Safety
1.2.1.2   Increasing Connectivity in Commercial Vehicles
1.2.1.3   Increasing Focus on Vehicle Platooning
1.2.2   Business Challenges
1.2.2.1   Rise in Cyber Threats due to Increased Data
1.2.2.1.1   Low Consumer Acceptance in Developing Regions
1.2.3   Business Strategies
1.2.3.1   Product Developments
1.2.4   Corporate Strategies
1.2.4.1   Mergers and Acquisitions
1.2.4.2   Partnerships and Joint Ventures
1.2.5   Business Opportunities
1.2.5.1   Transition from Vehicle Ownership to MaaS
1.2.5.2   Growing Popularity of Telematics-based Insurance and Fleet Management

2.1   Application and Specification
2.1.1   Light Commercial Vehicles
2.1.2   Heavy Trucks
2.1.3   Heavy Buses
2.2   Demand Analysis of Commercial Vehicle Telematics (by Application)
2.2.1   Light Commercial Vehicle
2.2.1.1   Demand Analysis of Light Commercial Vehicle Telematics Market (by Region)
2.2.2   Heavy Trucks
2.2.2.1   Demand Analysis of Heavy Trucks Telematics Market (by Region)
2.2.3   Heavy Buses
2.2.3.1   Demand Analysis of Heavy Buses Telematics Market (by Region)

3.1   Products and Specification
3.1.1   Hardware
3.1.2   Software
3.2   Demand Analysis of Commercial Vehicle Telematics (by Product)
3.2.1   Hardware
3.2.1.1   Demand Analysis of Commercial Vehicle Telematics Hardware Market (by Region)
3.2.2   Software
3.2.2.1   Demand Analysis of Commercial Vehicle Telematics Software Market (by Region)
3.3   Demand Analysis of Global Commercial Vehicle Market (by Mode of Sales)
3.3.1   Original Equipment Manufacturer (OEM)
3.3.2   Aftermarket
3.4   Qualitative Analysis of Commercial Vehicle Telematics Market by Connectivity
3.4.1   Cellular-Based CV Telematics Market
3.4.2   3G
3.4.3   4G
3.4.4   Others
3.4.5   Satellite-Based CV Telematics Market
3.5   Qualitative Analysis of Commercial Vehicle Telematics Market by Device Type
3.5.1   Hardwired
3.5.2   On-board Device (OBD)
3.5.3   Smartphone
3.5.4   Embedded

4.1   North America
4.1.1   Markets
4.1.1.1   Key Manufacturers and Suppliers in North America
4.1.1.2   Business Drivers
4.1.1.3   Business Challenges
4.1.2   Applications
4.1.2.1   North America Commercial Vehicle Telematics Market (by Application)
4.1.3   Products
4.1.3.1   North America Commercial Vehicle Telematics Market (by Product)
4.1.4   North America (by Country)
4.1.4.1   The U.S.
4.1.4.1.1   Markets
4.1.4.1.1.1   Buyer Attributes
4.1.4.1.1.2   Key Manufacturers in the U.S.
4.1.4.1.1.3   Business Challenges
4.1.4.1.1.4   Business Drivers
4.1.4.1.2   Application
4.1.4.1.2.1   The U.S. Commercial Vehicle Telematics Market (by Application)
4.1.4.1.3   Product
4.1.4.1.3.1   The U.S. Commercial Vehicle Telematics Market (by Product)
4.1.4.2   Canada
4.1.4.2.1   Markets
4.1.4.2.1.1   Buyer Attributes
4.1.4.2.1.2   Key Manufacturers in Canada
4.1.4.2.1.3   Business Challenges
4.1.4.2.1.4   Business Drivers
4.1.4.2.2   Application
4.1.4.2.2.1   Canada Commercial Vehicle Telematics Market (by Application)
4.1.4.2.3   Product
4.1.4.2.3.1   Canada Commercial Vehicle Telematics Market (by Product)
4.1.4.3   Mexico
4.1.4.3.1   Markets
4.1.4.3.1.1   Buyer Attributes
4.1.4.3.1.2   Key Manufacturers in Mexico
4.1.4.3.1.3   Business Challenges
4.1.4.3.1.4   Business Drivers
4.1.4.3.2   Application
4.1.4.3.2.1   Mexico Commercial Vehicle Telematics Market (by Application)
4.1.4.3.3   Products
4.1.4.3.3.1   Mexico Commercial Vehicle Telematics Market (by Products)
4.2   South America
4.2.1   Markets
4.2.1.1   Key Manufacturers and Suppliers in South America
4.2.1.2   Business Drivers
4.2.1.3   Business Challenges
4.2.2   Applications
4.2.2.1   South America Commercial Vehicle Telematics Market (by Application)
4.2.3   Products
4.2.3.1   South America Commercial Vehicle Telematics Market (by Product)
4.3 Europe
4.3.1   Markets
4.3.1.1   Key Manufacturers and Suppliers in Europe
4.3.1.2   Business Drivers
4.3.1.3   Business Challenges
4.3.2   Applications
4.3.2.1   Europe Commercial Vehicle Telematics Market (by Application)
4.3.3   Products
4.3.3.1   Europe Commercial Vehicle Telematics Market (by Product)
4.3.4   Europe (by Country)
4.3.4.1   Germany
4.3.4.1.1   Markets
4.3.4.1.1.1   Buyer Attributes
4.3.4.1.1.2   Key Manufacturers in Germany
4.3.4.1.1.3   Business Challenges
4.3.4.1.1.4   Business Drivers
4.3.4.1.2   Application
4.3.4.1.2.1   Germany Commercial Vehicle Telematics Market (by Application)
4.3.4.1.3   Product
4.3.4.1.3.1   Germany Commercial Vehicle Telematics Market (by Product)
4.3.4.2   France
4.3.4.2.1   Markets
4.3.4.2.1.1   Buyer Attributes
4.3.4.2.1.2   Key Manufacturers in France
4.3.4.2.1.3   Business Challenges
4.3.4.2.1.4   Business Drivers
4.3.4.2.2   Application
4.3.4.2.2.1   France Commercial Vehicle Telematics Market (by Application)
4.3.4.2.3   Product
4.3.4.2.3.1   France Commercial Vehicle Telematics Market (by Product)
4.3.4.3   Spain
4.3.4.3.1   Markets
4.3.4.3.1.1   Buyer Attributes
4.3.4.3.1.2   Key Manufacturers in Spain
4.3.4.3.1.3   Business Challenges
4.3.4.3.1.4   Business Drivers
4.3.4.3.2   Application
4.3.4.3.2.1   Spain Commercial Vehicle Telematics Market (by Application)
4.3.4.3.3   Product
4.3.4.3.3.1   Spain Commercial Vehicle Telematics Market (by Product)
4.4 U.K.
4.4.1   Markets
4.4.1.1   Buyer Attributes
4.4.1.2   Key Manufacturers in the U.K.
4.4.1.3   Business Challenges
4.4.1.4   Business Drivers
4.4.2   Application
4.4.2.1   The U.K. Commercial Vehicle Telematics Market (by Application)
4.4.3   Product
4.4.3.1   The U.K. Commercial Vehicle Telematics Market (by Product)
4.5 Middle East and Africa
4.5.1   Markets
4.5.1.1   Key Manufacturers and Suppliers in the Middle East and Africa
4.5.1.2   Business Drivers
4.5.1.3   Business Challenges
4.5.2   Applications
4.5.2.1   Middle East and Africa Commercial Vehicle Telematics Market (by Application)
4.5.3   Products
4.5.3.1   Middle East and Africa Commercial Vehicle Telematics Market (by Product)
4.6 China
4.6.1   Markets
4.6.1.1   Buyer Attributes
4.6.1.2   Key Manufacturers in China
4.6.1.3   Business Challenges
4.6.1.4   Business Drivers
4.6.2   Application
4.6.2.1   China Commercial Vehicle Telematics Market (by Application)
4.6.3   Products
4.6.3.1   China Commercial Vehicle Telematics Market (by Product)
4.7 Asia-Pacific & Japan
4.7.1   Markets
4.7.1.1   Key Manufacturers and Suppliers in Asia-Pacific & Japan
4.7.1.2   Business Drivers
4.7.1.3   Business Challenges
4.7.2   Applications
4.7.2.1   Asia-Pacific & Japan Commercial Vehicle Telematics Market (by Application)
4.7.3   Products
4.7.3.1   Asia-Pacific & Japan Commercial Vehicle Telematics Market (by Product)
4.7.4   Asia-Pacific (by Country)
4.7.4.1   Japan
4.7.4.1.1   Markets
4.7.4.1.1.1   Buyer Attributes
4.7.4.1.1.2   Key Manufacturers in Japan
4.7.4.1.1.3   Business Challenges
4.7.4.1.1.4   Business Drivers
4.7.4.1.2   Application
4.7.4.1.2.1   Japan Commercial Vehicle Telematics Market (by Application)
4.7.4.1.3   Products
4.7.4.1.3.1   Japan Commercial Vehicle Telematics Market (by Product)
4.7.4.2   India
4.7.4.2.1   Markets
4.7.4.2.1.1   Buyer Attributes
4.7.4.2.1.2   Key Manufacturers in India
4.7.4.2.1.3   Business Challenges
4.7.4.2.1.4   Business Drivers
4.7.4.2.2   Application
4.7.4.2.2.1   India Commercial Vehicle Telematics Market (by Application)
4.7.4.2.3   Products
4.7.4.2.3.1   India Commercial Vehicle Telematics Market (by Product)
4.7.4.3   South Korea
4.7.4.3.1   Markets
4.7.4.3.1.1   Buyer Attributes
4.7.4.3.1.2   Key Manufacturers in South Korea
4.7.4.3.1.3   Business Challenges
4.7.4.3.1.4   Business Drivers
4.7.4.3.2   Application
4.7.4.3.2.1   South Korea Commercial Vehicle Telematics Market (by Application)
4.7.4.3.3   Products
4.7.4.3.3.1   South Korea Commercial Vehicle Telematics Market (by Product)

5.1   Competitive Benchmarking
5.2   Trimble Inc.
5.2.1   Company Overview
5.2.2   Product Portfolio
5.2.2.1   Production Sites
5.2.3   Corporate Strategies
5.2.4   R&D and Patent Analysis
5.2.5   Competitive Position
5.2.5.1   Strength of the Company
5.2.5.2   Weakness of the Company
5.3   Geotab
5.3.1   Company Overview
5.3.2   Product Portfolio
5.3.2.1   Production Sites
5.3.3   Business Strategies
5.3.3.1   Product Developments
5.3.4   Corporate Strategies
5.3.4.1   Partnership and Collaboration
5.3.5   R&D and Patent Analysis
5.3.6   Competitive Position
5.3.6.1   Strength of the Company
5.3.6.2   Weakness of the Company
5.4   Masternaut Limited.
5.4.1   Company Overview
5.4.2   Product Portfolio
5.4.3   Business Strategies
5.4.3.1   Product Developments
5.4.4   Corporate Strategies
5.4.4.1   Partnership and Collaboration
5.4.5   Competitive Position
5.4.5.1   Strength of the Company
5.4.5.2   Weakness of the Company
5.5   Microlise Telematics Pvt. Ltd.
5.5.1   Company Overview
5.5.2   Product Portfolio
5.5.3   Competitive Position
5.5.3.1   Strength of the Company
5.5.3.2   Weakness of the Company
5.6   Verizon Communications, Inc.
5.6.1   Company Overview
5.6.2   Product Portfolio
5.6.3   Business Strategies
5.6.3.1   Product Developments
5.6.4   Corporate Strategies
5.6.4.1   Partnership and Collaboration
5.6.5   Competitive Position
5.6.5.1   Strength of the Company
5.6.5.2   Weakness of the Company
5.7   Omnitracs, LLC
5.7.1   Company Overview
5.7.2   Product Portfolio
5.7.3   Corporate Strategies
5.7.3.1   Partnership and Collaboration
5.7.4   Competitive Position
5.7.4.1   Strength of the Company
5.7.4.2   Weakness of the Company
5.8   TomTom International BV.
5.8.1   Company Overview
5.8.2   Product Portfolio
5.8.3   Business Strategies
5.8.3.1   Product Developments
5.8.4   Competitive Position
5.8.4.1   Strength of the Company
5.8.4.2   Weakness of the Company
5.9   Zonar Systems
5.9.1   Company Overview
5.9.2   Product Portfolio
5.9.3   Competitive Position
5.9.3.1   Strength of the Company
5.9.3.2   Weakness of the Company
5.10 Qualcomm Inc.
5.10.1   Company Overview
5.10.2   Product Portfolio
5.10.3   Competitive Position
5.10.3.1   Strength of the Company
5.10.3.2   Weakness of the Company
5.11   Intel Corporation
5.11.1   Company Overview
5.11.2   Product Portfolio
5.11.3   Competitive Position
5.11.3.1   Strength of the Company
5.11.3.2   Weakness of the Company
5.12   Volkswagen AG
5.12.1   Company Overview
5.12.2   Product Portfolio
5.12.3   Corporate Strategies
5.12.3.1   Partnership and Collaboration
5.12.4   Competitive Position
5.12.4.1   Strength of the Company
5.12.4.2   Weakness of the Company
5.13   Octo Group S.p.A
5.13.1   Company Overview
5.13.2   Product Portfolio
5.13.3   Global Offices
5.13.4   Business Strategies
5.13.4.1   Product Developments
5.13.4.2   Corporate Strategies
5.13.4.2.1   Partnerships, Collaborations and Joint-Ventures
5.13.4.3   Competitive Position
5.13.4.3.1   Strengths
5.13.4.3.2   Weaknesses
5.14   Volvo Trucks
5.14.1   Company Overview
5.14.2   Product Portfolio
5.14.3   Competitive Position
5.14.3.1   Strength of the Company
5.14.3.2   Weakness of the Company
5.15   CalAmp Corp.
5.15.1   Company Overview
5.15.2   Product Portfolio
5.15.3   Business Strategies
5.15.3.1   Product Developments
5.15.4   Corporate Strategies
5.15.4.1   Partnership and Collaboration
5.15.5   Competitive Position
5.15.5.1   Strength of the Company
5.15.5.2   Weakness of the Company
5.16   Other Companies Operating in the Ecosystem

Research Methodology

Table 1:   Global Light Commercial Vehicle Telematics Market (by Region), $Million, 2019-2025
Table 2:   Global Heavy Trucks Telematics Market (by Region), $Million, 2019-2025
Table 3:   Global Heavy Buses Telematics Market (by Region), $Million, 2019-2025
Table 4:   Global Commercial Vehicle Telematics Hardware Market (by Region), Thousand Units, 2019-2025
Table 5:   Global Commercial Vehicle Telematics Software Market (by Region), $Million, 2019-2025
Table 6:   Global Commercial Vehicle Telematics Market (by Mode of Sales), Thousand Units, 2019-2025
Table 7:   Global Commercial Vehicle Telematics Market (by Region), $Million, 2019-2025
Table 8:   North America Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 9:   North America Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 10:   The U.S. Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 11:   The U.S. Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 12:   Canada Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 13:   Canada Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 14:   Mexico Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 15:   Mexico Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 16:   South America Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 17:   South America Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 18:   Europe Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 19:   Europe Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 20:   Germany Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 21:   Germany Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 22:   France Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 23:   France Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 24:   Spain Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 25:   Spain Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 26:   The U.K. Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 27:   The U.K. Commercial Vehicle Telematics Market (by Product), $Thousand, 2019-2025
Table 28:   MEA Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 29:   MEA Commercial Vehicle Telematics Market (by Product), $Thousand, 2019-2025
Table 30:   China Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 31:   China Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 32:   APJ Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 33:   APJ Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 34:   Japan Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 35:   Japan Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 36:   India Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 37:   India Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 38:   South Korea Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Table 39:   South Korea Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Table 40:   Product Developments (2017-2020)
Table 41:   Partnerships, collaborations and Joint-Ventures (2017-2020)

Figure 1:   Global Commercial Vehicle Telematics Market Overview, $Billion, 2019-2025
Figure 2:   Global Commercial Vehicle Telematics Market (by Application), $Million, 2019-2025
Figure 3:   Global Commercial Vehicle Telematics Market (by Product), $Million, 2019-2025
Figure 4:   Global Commercial Vehicle Telematics Market (by Mode of Sales), $Million, 2019-2025
Figure 5:   Global Commercial Vehicle Telematics Market (by Region), $Million, 2019-2025
Figure 6:   Global Commercial Vehicle Telematics Market Coverage
Figure 7:   Telematics Services
Figure 8:   eCall Service Process
Figure 9:   Evolution of Automotive Telematics
Figure 10:   Types of Usage-Based Insurance Solutions in Automotive Telematics Insurance Market
Figure 11:   Task/Operation of Data Analytics Team for Telematics Services
Figure 12:   Global Commercial Vehicle Telematics Market, Business Dynamics
Figure 13:   Product Developments (by Company), 2017-2020
Figure 14:   Key Corporate Strategies
Figure 15:   Partnerships and Joint Ventures (by Company), 2017-2020
Figure 16:   Global Commercial Vehicle Telematics Market (by Application)
Figure 17:   Global Light Commercial Vehicle Telematics Market, $Billion, 2019-2025
Figure 18:   Global Heavy Trucks Telematics Market, $Billion, 2019-2025
Figure 19:   Global Heavy Buses Telematics Market, $Million, 2019-2025
Figure 20:   Global Commercial Vehicle Telematics Market (by Products)
Figure 21:   Global Commercial Vehicle Telematics Hardware Market, $Billion, 2019-2025
Figure 22:   Global Commercial Vehicle Telematics Software Market, $Billion, 2019-2025
Figure 23:   Global Commercial Vehicle Telematics Market (by Mode of Sales)
Figure 24:   Business Model for Commercial Vehicle Telematics Market, OEM Solution
Figure 25:   Global OEM Commercial Vehicle Telematics Market, $Billion, 2019-2025
Figure 26:   Business Model for Commercial Vehicle Telematics Market, Aftermarket Solution
Figure 27:   Global Aftermarket Commercial Vehicle Telematics Market, $Billion, 2019-2025
Figure 28:   Research Methodology
Figure 29:   Top-Down and Bottom-Up Approach
Figure 30:   Commercial Vehicle Telematics Market Influencing Factors
Figure 31:   Assumptions and Limitations

Report Description

Market Report Coverage - Commercial Vehicle Telematics
Base Year	2019	Market Size	$4.86 Billion
Forecast Period	2020-2025	Value Estimation by 2025	$5.93 Billion
CAGR During Forecast Period	7.92%	Number of Tables	41
Number of Pages	139	Number of Figures	31
Research Hours	280
Market Segmentation	• Product Type–Hardware and Software • Application Type – Light Commercial Vehicles, Heavy Trucks, and Heavy Buses
Regional Segmentation	• North America - U.S., Canada, and Mexico • Europe – Germany, France,Italy, Spain • Asia-Pacific&Japan-India, South Korea, Japan • U.K. • China • Middle East & Africa • South America
Growth Drivers	• Stringent Government Rules and Regulations Regarding Vehicular and Passenger Safety • Increasing Connectivity in Commercial Vehicles • Increasing Focus on Vehicle Platooning
Market Challenges	• Rise in Cyber Threats due to Increased Data • Low Consumer Acceptance in Developing Region
Market Opportunities	• Transition from Vehicle Ownership to MaaS • Growing Popularity of Telematics based Insurance and Fleet Management
Key Companies Profiled	Volvo, CalAmp Corp, Masternaut, Qualcomm, Intel, Geotab Inc, Omnitracs LLC, Trimble Inc, Verizon Communications Inc, Zonar Systems, Inc, OCTO Telematics Ltd, Microlise Group Ltd, Volkswagen Commercial Vehicles, TomTom International BV

Key Questions Answered in this Report:

•   What are the underlying structures resulting in the emerging trends within the commercial vehicle telematics market?
•   How is the commercial vehicle telematics market impacted by the introduction of autonomous and connected vehicles?
•   How are commercial vehicle manufacturers, telematics providers, and other players entering the market?
•   How are emerging technologies such as artificial intelligence (AI), 5G Communication, and the Internet of Things (IoT) driving the growth of the commercial vehicle telematics market?
•   Which are the major patents filled in the space?
•   How is the role of government regarding environmental issues and safety changing the landscape of the commercial vehicle telematics industry?
•   What were the market values of the leading segments and sub-segments of the commercial vehicle telematics market in 2019, and how is the market estimated to grow during the forecast period 2020-2025?
•   How is the industry expected to evolve during the forecast period 2020-2025?
•   What are the key developmental strategies implemented by the key players to sustain in the competitive market?
•   What has been the impact of COVID-19 on the commercial vehicle telematics market?

Market Overview

The growing importance of connectivity and safety, advancement in smartphone technology, and high-speed internet connectivity have largely transformed the telematics industry. The original equipment manufacturers (OEMs) are increasingly incorporating advanced telematics services in all the commercial vehicle categories owing to the system’s multiple benefits, thereby driving the adoption of automotive telematics.

The global commercial vehicle telematics market accounted for $4.86 billion in 2019 and is expected to reach $5.93 billion by 2025. The market is anticipated to grow at a CAGR of 7.92% during the forecast period 2020 to 2025. The global commercial vehicle telematics market is driven by factors such as increasing safety and security regulations, rising disposable income, lower cost of connectivity, and increased market penetration rate of smartphones. The rising hacking and privacy concerns, and low awareness regarding telematics are some of the factors thatare hampering the overall market growth. However, the growing demand for connected cars, increased adoption of telematics in the insurance industry, and the growth of emerging economies such as India and China are some of the factors thatare expected to fuel the market growth in the forecast period.

Competitive Landscape

Some of the strategies adopted by the companies are new product launches, business expansions, and partnerships and collaborations. Among all the strategies adopted, partnerships and collaborations and product launches have been the leading choices implemented in the competitive landscape. Geotab, CalAmp, Masternaut, Trimble are some of the leading players in the global commercial vehicle telematics market. The industry landscape is quite competitive because of the large number of players in the market. Therefore, innovation and development have been the key factors for large-scale growth in this market. The manufacturers are expanding their businesses and are also entering into strategic partnerships to increase their customer base and overall global footprint.