The Japan commercial telematics market size reached US$ 1,448.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5,750.7 Million by 2032, exhibiting a growth rate (CAGR) of 16.1% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 1,448.0 Million |
Market Forecast in 2032
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US$ 5,750.7 Million |
Market Growth Rate 2024-2032 | 16.1% |
Commercial telematics relies on an onboard diagnostic system and a Global Positioning System (GPS) to monitor the movement and location of a vehicle. It also depends on information from onboard sensors, such as braking system, vehicle speed, airbags, advanced driver assistance system (ADAS) and transmission control system. It provides technical services and solutions that aid in controlling a commercial vehicle via a telecommunication device. Presently, commercial telematics solutions are adopted by automobile insurance companies and fleet managers to determine the location and behavior of the vehicle across Japan.
The primary factor driving the commercial telematics market in Japan represents stringent safety regulations imposed by governing agencies to mandate commercial vehicle tracking. Moreover, the growing adoption of vehicles and the increasing emergence of the semiconductor industry is positively influencing the demand for high-end telematics services and connectivity solutions in the country. Besides this, the burgeoning transportation sector, in confluence with a high dependence on digital devices like tablets, laptops and smartphones, is impelling the market growth in Japan. Furthermore, several automobile manufacturers are integrating advanced connectivity solutions to provide accurate insights about vehicles. These advanced connectivity solutions help in enhancing vehicle efficiency, providing on-road assistance, facilitating smart routing and tracking, and improving the driver’s overall experience. Apart from this, key players operating in the country are developing open-source frameworks for commercial telematics and Next-Generation Telematics Protocol (NGTP).
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan commercial telematics market report, along with forecasts at the country and regional level from 2024-2032. 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 Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | Type, System Type, Provider Type, End Use Industry, Region |
Region Covered | Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
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) |