DUBLIN–(BUSINESS WIRE)–The “Global Connected Truck Telematics Outlook, 2021” report has been added to ResearchAndMarkets.com’s offering.
The study fuses the video telematics market and the traditional telematics market and analyzes market metrics, competitive landscape, and market share. This year’s outlook study also features a section of carefully chosen unique and emerging companies to watch out for in 2021 in technologies and markets adjacent to the telematics industry.
The research service also examines the impact of the pandemic on various parameters, including services offered, fleet size, regions, and business models. Moreover, the 2021 outlook study discusses a new region – the Middle East, which comprises GCC countries such as Saudi Arabia, UAE, Kuwait, Qatar, and Oman.
As the world gets accustomed to the COVID-19 pandemic, many industries and markets are adopting a degree of change in the dynamics of their functionalities. The global connected truck telematics market has also transformed itself in many ways to adapt to changing customer and business requirements. This research service analytically captures these elements and provides a comprehensive compilation of industry outlook for 2021.
In 2021, the global connected truck telematics market is forecast to reach an installed base of about 36.5 million, raking in $11.5 billion in revenue through service subscriptions alone. This indicates an installed base growth rate of about 14.4%, which is 2% more than the 2020 number. The rise in global growth figures is mainly due to the steep increase in video telematics revenue, which drives overall telematics revenue.
This analysis reveals that intense industry consolidation is likely to take place in 2021; a significant number of M&As are anticipated. Numerous partnerships between multiple stakeholder categories such as OEMs, Tier I companies, TSPs, venture capital firms, and private equity firms are expected.
The analyst also observes that against the backdrop of the ongoing pandemic, video telematics will take center stage and orchestrate market recovery. Based on crucial findings, the analyst has evaluated key growth insights and opportunities. Video telematics, last-mile delivery, and convergence will be the key aspects that will nurture growth in the global connected truck telematics ecosystem in 2021.
Key Topics Covered:
1. Growth Environment
Key Findings – A Recap of 2020
Key Findings – Top 5 Predictions for 2021
Regional Connected Truck Telematics Market
Regional Outlook – Key Talking Points
Notable M&As in 2020-2021
Regional Analysis by Service Revenue
Emerging Competitors in Related Markets
Notable Regulations and Mandates – A Snapshot
Connected Fleet Opportunities
Key Questions This Study Will Answer
What’s New in the 2021 Outlook Report?
2. 2021 Global Economic Outlook
Impact of the COVID-19 Pandemic on Global GDP Growth
Global Growth Scenario Analysis – Assumptions, Q2 2021-Q4 2022
Global GDP Growth in Differing Scenarios
Impact of the COVID-19 Pandemic on Key Regions
3. Research Scope and Segmentation
Research Scope
Definitions – Types of Telematics Solutions
Definitions – Types of Business Models
4. OEM Telematics Ecosystem
OEM Telematics Value Chain
Key OEM Telematics Participants
Key OEM Benchmarking – North America
Key OEM Benchmarking – Europe
5. Tier I Telematics Ecosystem
Tier I Telematics Value Chain
Tier I Value Chain Participants
Tier I Telematics Providers
Tier I Benchmarking: Tire Manufacturers
6. Trends
Top CVT trends in 2021
Trend 1: M&As
Trend 2: Video Safety Boom
Trend 3: Vans and LCVs
Trend 4: Convergence
Trend 5: AI
Trend 6: Electric Fleet Management
7. Impact of the COVID-19 Pandemic on the Telematics Market
Impact on Fleet Size
Impact on Industries
Impact on Regions
Impact on Services
Impact on Business Models
8. Connected Truck Regional Analysis
2020 Regional Analysis – North America
2021 Vendor Analysis – North America
2020 Regional Analysis – Europe
2021 Vendor Analysis – Europe
2020 Regional Analysis – India
2021 Vendor Analysis – India
2020 Regional Analysis – RSA
2021 Vendor Analysis – RSA
2020 Regional Analysis – Latin America
2021 Vendor Analysis – Latin America
2020 Regional Analysis – Russia and CIS
2021 Vendor Analysis – Russia and CIS
2020 Regional Analysis – ANZ
2021 Vendor Analysis – ANZ
2020 Regional Analysis – The Middle East
2021 Vendor Analysis – The Middle East
9. Market Measurement Analysis by Region (2021)
Installed Base by Regions
Service Revenue
Product-type Forecast
Pricing and Service Models
LCV and M/HCV Telematics Contribution to Installed Base
LCV and M/HCV Telematics Penetration
Global Connected OEM and Third-party Contribution to Installed Base
10. Key Emerging Companies To Watch Out For
11. Growth Opportunity Universe
Growth Opportunity: Video Telematics, 2021
Growth Opportunity: Last-mile Delivery, 2021
Growth Opportunity: Convergence, 2021
12. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/gwmwlj