DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5cvqc6/insurance) has announced the addition of the "Insurance Telematics Market by Deployment Type, End User, and by Region - Global Forecast and Analysis to 2020" report to their offering.
The telematics market for industries such as insurance is anticipated to grow steadily in the next few years, due to decreasing cost of connectivity solutions, such as wireless and cellular modules and use of predictive analysis, enabling the end user to produce drive risk score from telematics data. Consumer's enthusiasm for in-car connectivity and growth of smartphone penetration are driving the market.
The insurance telematics market has been segmented by type of deployment, by end user, and by region. In terms of deployment type, on-premises deployment is expected to dominate the market with largest market size. In terms of end users, SMEs are estimated to exhibit the highest growth rate as they are adopting cloud-based insurance telematics solutions extensively.
North America is rapidly deploying the insurance telematics solutions due to the dynamic market environment. Latin America and APAC is also witnessing a record growth in demonstrating and adopting insurance telematics solution.
Educating consumers about insurance telematics and security issues associated with cloud and mobile technologies act as challenges for the market. However, the privacy concerns associated with private data of individuals and customers are restraining the growth of the market.
Target audience:
- Insurance telematics service vendors
- System integrators
- IT developers
- Third party vendors
- Cloud service providers
- Network operators
- Infrastructure provider
- Government
- Regulatory and compliance agencies
Companies Mentioned:
- Agero Inc.
- Aplicom OY
- Masternaut Limited
- Mix Telematics
- Octo Telematics
- Sierra Wireless
- TOMTOM Telematics (TOMTOM)
- Telogis
- Trimble Navigation
- Verizon Enterprise Solutions
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Insurance Telematics Market Analysis, By Deployment Type
8 Insurance Telematics Market Analysis, By End User
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/5cvqc6/insurance
