Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Automotive Smartphone Enabled Telematics Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The automotive smartphone enabled telematics market will register a CAGR of almost 28% by 2023.

The growing popularity of smartphone enabled telematics in commercial vehicles to gain traction in the market. Automotive smartphone enabled telematics are becoming widely popular in commercial vehicles with fleet operators across the globe.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Agero and Airbiquity, the competitive environment is quite intense. Factors such as the cost saving due to the adoption of app-based UPI and smartphone enabled telematics improve driver safety, will provide considerable growth opportunities to automotive smartphone enabled telematics manufactures. Agero, Airbiquity, Continental, Omnitracs, Trimble, and Verizon are some of the major companies covered in this report.

With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Report Summary:

The latest trend gaining momentum in the market is the growing popularity of smartphone enabled telematics in commercial vehicles. One of the major drivers for this market is the cost saving due to the adoption of app-based UPI. Further, the report states that one of the major factors hindering the growth of this market is the dependence on many individual entities for telematics service offerings.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY TYPE

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: TRENDS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

PART 14: APPENDIX

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/vgdfv2/global_automotive?w=12

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Related Topics: Smartphones and Mobile Devices, Telematics and Vehicle Electronics