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The GCC commercial telematics market is expected to exhibit robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Commercial telematics is utilized in commercial automobiles for long-distance transmission of information. It aids in monitoring location, tracking diagnostics, and observing trailers and non-motorized assets of commercial vehicles. It also assists in alerting the fleet manager about any unauthorized movement using a global positioning system (GPS) and onboard diagnostic system. Besides this, as it provides maintenance insights, safety tracking and insurance risk assessment, commercial telematics is gaining traction across the GCC region.
The thriving transportation industry represents one of the primary factors strengthening the growth of the market in the GCC region. Moreover, there is a rise in the adoption of smart transportation systems, along with the rising utilization of digital devices like tablets, laptops and smartphones. This is propelling market players operating in the region to introduce sophisticated connectivity solutions that generate more accurate insights about vehicles. These solutions enhance the driver’s overall experience, provide on-road assistance, facilitate smart routing and tracking, and improve vehicle efficiency. Besides this, numerous technological advancements, including the development of open-source frameworks for commercial telematics, are offering a positive market outlook. Furthermore, factors like the implementation of favorable government policies to mandate commercial vehicle tracking, in confluence with the development of video-based telematics, are influencing the overall sales of commercial telematics. Besides this, increasing research and development (R&D) is impelling the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC commercial telematics market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on type, system type, provider type and end use industry.
Breakup by Type:
Breakup by System Type:
Breakup by Provider Type:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, System Type, Provider Type, End Use Industry, Country|
|Countries Covered||Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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