The Global Vehicle Telematics in Government & Public Sector market presents a comprehensive analysis of the Vehicle Telematics in Government & Public Sector market by end-user/application (Public Transportation, Logistics, Defence and Other), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up.
Market Snapshot:
Telematics combines navigation, safety, security, and communication into one convenient piece of technology that fits in a vehicle's dashboard. Automotive telematics systems receive wireless information and transmit it through a crash-resistant box. The vehicle telematics market has been greatly affected by rising operational costs, rooting from the increased demand for utility vehicles, rising expenditure on maintenance, and steady growth in compliance costs. Vehicle telematics solutions are being widely used by large- and medium-scale fleet owners for streamlining operations. The rate of adoption among small fleet owners has been slow, owing to factors, like lack of awareness, limited operation scale, smaller budgets, limited compliance norms, high capital requirements, and rise in operational costs.
Market Drivers
- Advanced technologies will reduce the production costs of telematics products
- Government regulations for higher security measures
- Growing amplified market penetration of smartphones propelling the vehicle telematics market
Market Trend
- Increasing concern of vehicle tracking and safety and security
Restraints
- High cost associated with the product
- An unacceptable concept in some places
- Lack of skilled personnel for handling
Geographic Segmentation and Analysis
This section of our report presents a realistic picture of the Global Vehicle Telematics in Government & Public Sector industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)