omniture

Truck Telematics Face Major Breakthrough Enabling Growth Opportunities Globally

Frost & Sullivan Webcast will present the 2016 truck market outlook
WHEN: Tuesday, 5th April, 2016 at 3:00 pm BST
LOCATION: Online, with Complimentary Registration
SPEAKERS: Frost & Sullivan Research Manager Sathyanarayana Kabirdas and guest speakers Kara Kerker, Executive VP and CMO, Lytx and Jason Koch, Telogis, President and Co-Founder
Frost & Sullivan
2016-03-30 00:14 1870

LONDON, March 30, 2016 /PRNewswire/ -- The year 2016 is likely to be game-changing in the Global Connected Truck/Commercial Vehicle (CV) telematics market. Developed regions such as North America and Europe will continue to dominate the global connected truck market in 2016, contributing more than 57 percent of the total telematics installed base.

Emerging regions such as Latin America, India, China, and South Africa will grow at an average 16 percent year on year in 2016 guiding the total connected truck installed base to reach more than 20 Million in 2016. The connected truck market in India and China will crop up significantly, augmented by estimated GPD growth of 7.9 percent, and 6.6 percent respectively in 2016.

Top market trends such as OEMs partnering with multiple third party TSPs (Telematics Service Providers); Open architecture platform technology; and the Impact of regulatory mandates together will drive the total service revenue generated through connected truck to reach $4.96 Billion in 2016.

"Opportunities will emerge for OEMs and third-party solution providers with the advent of independent smart phone solutions and evolving business models. The ascendance of interest from fleet managers towards middle- and high-end telematics services will fuel additional growth in 2016," states Frost & Sullivan Research Manager Sathyanarayana Kabirdas.

This briefing will investigate the evolving global connected truck telematics industry discussing top market, technology and regional trends impacting market dynamics in 2016. Besides truck OEMs, after-market telematics providers, tier-1 suppliers, start-ups become considerable stake holders in the connected truck value chain. Start-ups focusing on mobile-based freight brokering, ELD (Electronic Logging Device) hardware and applications, and driver behaviour are penetrating the connected truck market in developed regions.

Registration:

  • To attend the webcast, email Jana Schoeneborn, Corporate Communications, at jana.schoeneborn@frost.com your full contact details.
  • Receive a recorded version of the webcast anytime by submitting your contact details.

Supporting Resources

  • For more information about Frost & Sullivan's Mobility practice, please visit: http://frost.ly/2u

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:        Gain access to visionary innovation

Contact:

Jana Schoeneborn
Corporate Communications – Europe
P: +49 (0) 69 770 3343
E: jana.schoeneborn@frost.com

Twitter: @FS_Automotive
Facebook: FrostandSullivan
LinkedIn: Future of Mobility

http://www.frost.com

Source: Frost & Sullivan
Related Links:
collection