Yes, this is just a trailer for a report that costs real money to buy, but the key factor here is growth – and significant growth at that – in a European economy where so many sectors are more or less stagnant, or worse still, like High St retailing, local newspapers and eat-in restaurants, basically free-falling into oblivion.
The “Insurance Telematics – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
Insurance Telematics market worldwide is projected to grow by US$4.3 Billion, driven by a compounded growth of 21.5%.
On-Premises, one of the segments analyzed and sized in this study, displays the potential to grow at over 20.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.3 Billion by the year 2025, On-Premises will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 23.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$161.1 Million to the region’s size and clout in the next 5 to 6 years. Over US$204.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, On-Premises will reach a market size of US$240.4 Million by the close of the analysis period.
As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 21.1% over the next couple of years and add approximately US$748.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Agero, Inc.
- Aplicom Oy
- Masternaut Ltd.
- MiX Telematics
- Octo Telematics Ltd.
- Sierra Wireless, Inc.
- Telogis, Inc.
- Tomtom Telematics BV
- Trimble Navigation Ltd.
- Verizon Enterprise Solutions
For more information about this report visit https://www.researchandmarkets.com/r/g4roek