Japan Commercial Telematics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Japan Commercial Telematics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4758
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Market Overview:

The Japan commercial telematics market reached a value of US$ 1,026 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,963.3 Million by 2027, exhibiting a CAGR of 20.1% during 2022-2027. 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 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).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Japan commercial telematics market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, system type, provider type and end use industry.

Breakup by Type:

  • Solution
    • Fleet Tracking and Monitoring
    • Driver Management
    • Insurance Telematics
    • Safety and Compliance
    • V2X Solutions
    • Others
  • Services
    • Professional Services
    • Managed Services
       

Breakup by System Type:

  • Embedded
  • Tethered
  • Smartphone Integrated
     

Breakup by Provider Type:

  • OEM
  • Aftermarket
     

Breakup by End Use Industry:

  • Transportation and Logistics
  • Media and Entertainment
  • Government and Utilities
  • Travel and Tourism
  • Construction
  • Healthcare
  • Others
     

Breakup by Region:

  • Kanto Region
  • Kinki Region
  • Central/ Chubu Region
  • Kyushu-Okinawa Region
  • Tohoku Region
  • Chugoku Region
  • Hokkaido Region
  • Shikoku Region
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
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$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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)


Key Questions Answered in This Report:

  • How has the Japan commercial telematics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Japan commercial telematics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the provider type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Japan commercial telematics market and who are the key players?
  • What is the degree of competition in the industry?

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Japan Commercial Telematics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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