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Telematics Penetration to Reach 27.9% by 2021, Generating $0.74 Billion
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The research service analyzes and provides forecast for the commercial vehicle telematics market in LATAM—Brazil, Mexico, Argentina, Chile, Peru, and Colombia. The major focus is on the market trends in services, solutions, and technologies for specific segments such as light commercial vehicles, medium commercial vehicles, and heavy commercial vehicles. The study provides telematics penetration by fleet size and offers an opportunity analysis by segment, application, business model, and region. Strategic prediction related to future services, business models, third-party vendors, and OEMs is provided. The forecast period is from 2015 to 2021 with 2014 as the base year.
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