Commercial Vehicle Telematics Global Market Report 2023 – By Type (Solutions, Services), By Provider Type (Original Equipment Manufacturer (OEM), Aftermarket), By Vertical (Transportation And Logistics, Government And Utilities, Travel And Tourism, Construction, Education, Healthcare, Other Verticals) – Market Size, Trends, And Global Forecast 2023-2032

Commercial telematics refers to the use of technology to collect data related to the operation of commercial vehicles, such as trucks, buses, and delivery vans. This data can include information about the vehicle's location, speed, fuel consumption, engine performance, and driver behavior, among other things. The main types of commercial telematics include solutions and services. A solution is a specific answer or method to address a problem or challenge. It involves providing a complete and effective resolution to a particular issue or need. They are available in various forms of systems including embedded, tethered and smartphone integrated that are provided through original equipment manufacturers (OEM) and aftermarket for use in various end-users such as transportation and logistics, insurance, healthcare, media and entertainment, vehicle manufacturers or dealers, government agencies and other end-users. The global commercial telematics market is segmented - 1) By Type: Solutions, Services 2) By System: Embedded, Tethered, Smartphone Integrated 3) By Provider: Original Equipment Manufacturer (OEM), Aftermarket 4) By End User: Transportation And Logistics, Insurance, Healthcare, Media And Entertainment, Vehicle Manufacturers Or Dealers, Government Agencies, Other End-Users The global commercial telematics market size is expected to grow from $40.35 billion in 2022 to $47.46 billion in 2023 at a compound annual growth rate (CAGR) of 17.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global commercial telematics market size is expected to reach $92.30 billion in 2027 at a CAGR of 18.1%. The increasing sales of commercial and passenger vehicles are expected to propel the growth of the commercial telematics market going forward. The demand for commercial and passenger automobiles has increased as a result of economic expansion and technical improvements. Growing economies provide consumers greater purchasing power, which boosts demand for transport services and automobile sales. For fleet managers, technological elements including advanced safety systems and telematics solutions have further improved vehicle allure, effectiveness, and operational optimization. For instance, in January 2022, according to the Office of Energy Efficiency and Renewable Energy, a US-based government agency under the U.S. Department of Energy, sales of new light-duty vehicles rose to 14.9 million in 2021 a 3% increase over 2020. Therefore, the increasing sales of commercial and passenger vehicles are driving the growth of the commercial telematics market. Major players in the commercial telematics market are Geotab Inc., Masternaut Limited, Mix Telematics, Omnitracs, TomTom International BV, Trimble Inc., Verizon, Zonar Systems, Microlise, Octo Telematics Ltd., AT&T Inc., Inseego Corporation, Volkswagen Commercial Vehicles (U.K.), Continental AG., Cartrack, Daimler Fleetboard GmbH and Fleet Complete. Technological advancements are a key trend gaining popularity in the commercial telematics market. Companies operating in the commercial telematics market are innovating new products to sustain their position in the market. For instance, in December 2022, ATrack Technology Inc., a Taiwan-based telematics hardware manufacturer, launched AK300 LTE vehicle tracker to improve fleet management efficiency. The AK300 vehicle tracker is capable of real-time vehicle tracking, providing information on vehicle positioning, mileage, speed, fuel consumption, and engine status. It can also detect abnormal vehicle status and negative driving behaviors such as idling and speeding, enabling fleet managers to perform preventive maintenance and improve driver behavior. In January 2020, Trimble Inc., a US-based construction company acquired Kuebix for an undisclosed amount. With the acquisition of Kuebix, Trimble has the ability to unite its existing customer base of private fleet and commercial carrier companies, which together comprise over 1.3 million commercial trucks operating throughout North America. Kuebix is a US-based cloud-based transportation management system (TMS) provider that offers software solutions. North America was the largest region in the commercial telematics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global commercial telematics market report during the forecast period. The regions covered in the global commercial telematics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the commercial telematics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The commercial telematics market includes revenues earned by entities by providing services including vehicle tracking, remote diagnostics and maintenance monitoring, fuel management and optimization, and driver behavior monitoring and coaching. The primary goal of commercial telematics is to improve the efficiency and safety of commercial vehicle operations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The commercial telematics market research report is one of a series of new reports from The Business Research Company that provides commercial telematics optical components market statistics, including commercial telematics optical components industry global market size, regional shares, competitors with a commercial telematics optical components market share, detailed commercial telematics optical components market segments, market trends and opportunities, and any further data you may need to thrive in the commercial telematics optical components industry. This commercial telematics optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Utility communications are the processes involved in setting up two-way communications between the utility and end users across all networked data points that have been deployed. These networks improve transmission reliability and resilience by providing real-time situational information and controlling it. The main types of technology used in utility communication are wired and wireless. Wired communications refer to data transfer between or among devices via a wired connection. Wired connections include ethernet and fiber-optic cables for transmitting electrical signals from one point to another. It is employed in public and private utilities. The major components involved are hardware and software. It is used in several applications, such as transmission and distribution, and oil and gas, used by various end-users, such as residential, commercial, and industrial. The global utility communication market is segmented - 1) By Technology: Wired, Wireless 2) By Utility: Public, Private 3) By Components: Hardware, Software 4) By Application: Transmission and Distribution, Oil and Gas 5) By End-User: Residential, Commercial, Industrial The global utility communication market is expected to grow from $19.04 billion in 2022 to $20.94 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the utility communication market is expected to grow to $30.82 billion in 2027 at a CAGR of 10.1%. Rising demand for smart grids is expected to propel the growth of the utility communication market going forward. A smart grid is an electrical grid integrated with automation, communication, and information technology systems that can monitor power flows from points of supply to consumption and regulate the power flow or limit the load in real-time to match the supply. The rising demand for operational efficiency has favored the demand for smart grids. Smart grids enable the use of distributed smart sensors, distributed power generation, real-time measurements and metering infrastructure, and monitoring systems to give real-time information about operations between utilities and consumers. For instance, in September 2022, according to statistical data published by the International Energy Agency (IEA), a France-based intergovernmental organization, the investment in electricity grids increased by 6% in 2021, with $292 billion invested in 2020 and $309 billion spent in 2021. Therefore, the rising demand for smart grids is driving the growth of the utility communication market. Major players in the utility communication market are Schneider Electric, Siemens AG, General Electric, DIGI International Inc., ZTE Corporation, Cisco Systems Inc., Black & Veatch Holdings Company, Valiant Communications, ABB Limited, Omicron Electronics GmbH, Hitachi Energy Limited, Motorola Solutions Inc., Telefonaktiebolaget LM Ericsson, Milsoft Utility Solutions, Honeywell Internationals Inc., Rockwell Automations Inc., Texas instruments, and Power Systems Engineering. Technological advancements have emerged as key trends gaining popularity in the utility communication market. The market is witnessing the implementation of advanced technologies such as IoT (internet of things), Web 2.0, real-time monitoring, and two-way communications between utilities and consumers. Such advancements enable key players to gain a competitive edge in the market. For instance, in March 2021, Itron Inc., a US-based technology company that offers products and services on energy and water resource management, launched the eHZ-B Smart Meter, a residential smart meter for utilities. The smart meter is designed with advanced features to assist utilities in safely transitioning to a low-carbon, reliable, and affordable energy supply, as well as equip utilities to safely migrate to a smart and interconnected distribution network. It interacts with multi-vendor systems and uses transport layer security (TLS) encryption to connect with the Smart Meter Gateway (SMGw). eHZ-B protects digital transmission with built-in next-generation encryption while maintaining a continuous pulse on the electrical grid. In August 2022, Motorola Solutions, a US-based telecommunications equipment, software, and systems services provider, acquired Barrett Communications for an undisclosed amount. This acquisition expands Motorola Solutions' portfolio and increases its presence in international markets, reiterating its dedication to innovation and leadership in mission-critical communications. Barrett Communications is an Australia-based provider of tactical high-frequency, extremely high-frequency, and commercial high-frequency communications equipment. Asia-Pacific was the largest region in the utility communication market share in 2022. The regions covered in the utility communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the utility communication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The utility communication market consists of revenues earned by entities by providing distribution management, tele-protection, supervisory control and data acquisition (SCADA), energy management, outage management, smart metering, and substation automation. The market value includes the value of related goods sold by the service provider or included within the service offering. The utility communication market also includes sales of optical fiber, PLC (programmable logic controller) and ethernet that are used in providing utility communication services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The utility communication market research report is one of a series of new reports from The Business Research Company that provides utility communication market statistics, including utility communication industry global market size, regional shares, competitors with a utility communication market share, detailed utility communication market segments, market trends and opportunities, and any further data you may need to thrive in the utility communication industry. This utility communication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Automotive telematics refers to fleet monitoring or global positioning system vehicle tracking and is an important management tool for many commercial and government fleets. This system helps to collect information regarding parameters such as speed, fuel consumption, low tire pressure, and more. The automotive telematics are used to track automobiles, trucks, equipment, and other assets and plot their movements on a computerized map. The main types of vehicles in the automotive telematics markets are commercial cars, passenger vehicles, and two-wheelers. Commercial cars use automotive telematics for monitoring and tracking. It refers to a vehicle that is primarily used to move goods or materials rather than people. A commercial vehicle can normally carry two, three, or more passengers, but behind the seats will be something meant to transport supplies or tow anything large, and this feature will make up the majority of the commercial vehicle. The different connectivity solutions include embedded, integrated smartphones, and tethered. It is used in fleet or asset management, navigation and location-based systems, infotainment systems, insurance telematics, safety and security, and others, and distributed through various channels such as original equipment manufacturer (OEM) and aftermarket. The global automotive telematics market is segmented - 1) By Vehicle Type: Commercial Cars, Passenger Vehicles, Two-Wheelers 2) By Connectivity Solutions Type: Embedded, Integrated Smatphones, Tethered 3) By Sales Channel Type: Original Equipment Manufacturer (OEM), Aftermarket 4) By Application: Fleet or Asset Management, Navigation And Location-Based System, Infotainment System, Insurance Telematic, Safety And Security, Other Applications The global automotive telematics market size will grow from $100.06 billion in 2022 to $132.87 billion in 2023 at a compound annual growth rate (CAGR) of 32.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global automotive telematics is expected to grow to $360.56 billion in 2027 at a CAGR of 28.3%. An increase in car accidents is contributing to the growth of the automotive telematics market going forward. Car accidents, also referred to as car collisions or accidents with a car that involve a collision with another vehicle or stationary objects, Automobile telematics reduces accidents by providing real-time feedback to drivers. Major car manufacturers are now installing automotive telematics to keep vehicles and drivers safe. For instance, according to Vox, a US-based news website and media company, in 2021, car accidents will have resulted in the fatalities of 1.3 million people worldwide. Furthermore, car accidents also caused the deaths of 7,485 pedestrians in the US in 2021. Therefore, the increase in car accidents is driving the growth of the automotive telematics market. Major players in the automotive telematics market are TomTom Telematics B.V, Trimble Inc., Omnitracs, I.D.Systems Inc., Verizon, Airbiquity Inc., Harman International Industries, MiX Telematics, Teletrac Navman, Cartrack, SmartDrive Systems, AirIQ Inc., Actsoft, Idem Telematics GmbH, and Microlise Limited. New product innovations are the key trend gaining popularity in the automotive telematics market. Major companies operating in the automotive telematics sector are focused on introducing new innovations to sustain their position in the market. For instance, in June 2021, Masternaut, a UK-based telematics company specializing in fleet and asset management, launched the MoveElectric transition tool that helps in identifying which journeys could be carried out by an EV (Electric Vehicle) instead of an ICE (Internal Combustion Engine) vehicle based on parameters that reflect business needs and working patterns. It uses comprehensive real-world data that allows fleet managers to measure and demonstrate the wider benefits of the move to EVs, including efficiency, CO2 reduction, and cost savings. In May 2022, Otonomo Technologies, an Israel-based car data exchange platform acquired The Floww for $69 million. The acquisition would integrate The Floww’s vehicle telematics tolls with Otonomo’s mobility intelligence platform. The Floww is a UK-based vehicle telematics company. North America was the largest region in the automotive telematics market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive telematics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive telematics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive telematics market includes revenue earned by entities by black box telematics device, smartphone-based telematics device, Bluetooth-powered telematics device, OBD-ii port telematics device, and OEM telematics device. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive telematics market research report is one of a series of new reports from The Business Research Company that provides automotive telematics market statistics, including automotive telematics industry global market size, regional shares, competitors with an automotive telematics market share, detailed automotive telematics market segments, market trends and opportunities, and any further data you may need to thrive in the automotive telematics industry. This automotive telematics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Railway telematics is referred to as the use of informatics and telecommunications in railways and consists of services or solutions using embedded technology and mobile and telematics systems to enable controls on railcars on the move. The main railway telematics solutions include fleet management, automatic stock control, remote data access, and railcar tracking and tracing. Fleet management is used to manage railway fleets. These tools ensure the optimal utilization, fuel consumption, and maintenance of railways. The different railway telematics railcars include hoppers, tank cars, well cars, boxcars, and refrigerated boxcars. The railway telematics component types include telematics control units and sensors. The global railway telematics market is segmented - 1) By Solution: Fleet Management, Automatic Stock Control, Remote Data Access, Railcar Tracking And Tracing 2) By Railcar: Hoppers, Tank Cars, Well Cars, Boxcars, Refrigerated Boxcars 3) By Component Type: Telematics Control Unit, Sensors The global railway telematics market size will grow from $4.15 billion in 2022 to $4.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the railway telematics is expected to grow to $6.1 billion in 2027 at a CAGR of 8.0%. The increase in government initiatives for smart railways is significantly driving the growth of the railway telematics market. Governments across the world are undertaking various smart railway initiatives to provide better transportation infrastructure. For instance, in July 2020, the government of China announced the development goal of smart railways using 5G technology and the BeiDou Navigation Satellite System (BDS), including a national railway network exceeding 200,000 kilometers. Also in November 2021, the government of India announced the development of 102 semi-high-speed Vande Bharat Expresses, and in October 2021, Indian Railways announced a plan to establish approximately 500 multi-modal cargo terminals under the "PM GatiShakti" program, for a total cost of $6.68 billion over five years. Hence, the government's initiatives for smart railways will increase the demand for railway telematics and thereby drive the railway telematics market growth. Siemens AG, Hitachi Ltd., Alstom SA, Knorr-Bremse AG, Robert Bosch GmbH, Intermodal Telematics BV, Intrex Telematics, Orbital Communications Corporation, Savvy Telematics, Trinity Industries Inc., Cisco Systems, Inc., Teledyne FLIR LLC, Sumitomo Electric Industries, Ltd., LG CNS, Kapsch TrafficCom AG, Thales Group, Bombardier Inc., General Electric Company, and IBM Corporation are major players. Strategic partnerships and collaborations are a key trend gaining popularity in the railway telematics market. The strategic partnerships and collaborations in the railway telematics market are enabling competitiveness in the rail sector between freight transportation companies. For instance, in 2020, rail companies in the USA, such as GATX Corporation, Genesee & Wyoming, Watco, Norfolk Southern, and Trinity Rail, have announced a joint venture, Rail Pulse, to involve GPS technologies and other telematics technologies in the future of the American railcar fleet. In March 2020, Netherlands-based Intermodal Telematics BV (IMT) and Germany-based transportation company, VTG AG, entered into a long-term partnership to extend the digitization of VTG’s rail waggon fleet, under which 15,000 rail cars will be equipped with CLT20-Ex GPS units. Also, in January 2022, Italy-based Hitachi Rail made a strategic partnership with Netherlands-based Intermodal Telematics (IMT) to embed the company’s monitoring sensors into Hitachi Rail’s digital freight service. In September 2020, Omnitracs LLC, a leading provider of fleet management solutions to transportation and logistics companies, announced the acquisition of SmartDrive Systems, Inc., for an undisclosed amount. Through this acquisition, Omnitracs will create an end-to-end platform to optimise safety, driver productivity, and workflow, and also enhance routing dispatch and compliance fright rails. SmartDrive Systems is a US-based driver safety and transportation intelligence company, offering telematics for fleets and drivers on rail transit. North America will be the largest region in the railway telematics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in railway telematics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the railway telematics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The railway telematics market consists of revenues earned by entities by providing railway thematic solutions and services such automatic train protection (ATP) system,speed trackers, automatic braking systems, fleet management solutions, condition monitoring, and assest tracking solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The railway telematics market also includes sales of railway sensors, dashboard devices, speed sensors, and braking systems, and advanced driver assistance systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The railway telematics market research report is one of a series of new reports from The Business Research Company that provides railway telematics market statistics, including railway telematics industry global market size, regional shares, competitors with a railway telematics market share, detailed railway telematics market segments, market trends and opportunities, and any further data you may need to thrive in the railway telematics industry. This railway telematics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Vehicle to Everything (V2X) is a communication system used in a vehicle that supports the exchange of the from a vehicle to moving components of the traffic system that may have an impact on the vehicle. The technology improves traffic efficiency by notifying drivers to approach traffic, offering other routes to avoid traffic, and spotting unoccupied parking spaces. The main types of technologies in automotive V2X are emergency vehicle notification, automated driver assistance, passenger information system, line of sight, others, and has various connectivities such as DSRC and cellular. The emergency vehicle notification technology provides an emergency vehicle notification system which is a method for notifying traffic of an approaching emergency vehicle. The different vehicle types include passenger cars and commercial vehicles. The several types of communications involved in automotive V2X are vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), vehicle-to-pedestrian (V2P), vehicle-to-grid (V2G), vehicle-to-cloud (V2C), and vehicle-to device (V2D). The global automotive v2x market is segmented - 1) By Technology: Emergency Vehicle Notification, Automated Driver Assistance, Passenger Information System, Line of Sight, Other Technologies 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By Connectivity: DSRC, Cellular 4) By Communication: Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Pedestrian (V2P), Vehicle To-Grid (V2G), Vehicle-To-Cloud (V2C), Vehicle-To Device (V2D) The global automotive V2X market size will grow from $0.77 billion in 2022 to $1.1 billion in 2023 at a compound annual growth rate (CAGR) of 43.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive V2X is expected to grow to $4.77 billion in 2027 at a CAGR of 44.1%. The increase in demand for fully autonomous vehicles is expected to propel the growth of the automotive V2X market in the coming years. Autonomous vehicles are defined as self-driving vehicles that move without any human intervention or require very little human intervention. V2X offers an advantage in automatic vehicles since it delivers information about objects that other sensors are unable to detect. Also, it can improve traffic efficiency by giving information about traffic signals. For instance, in July 2021, according to Close Brothers Asset Finance, a UK-based firm providing advice and investment management services, it is expected 73% of all cars will have some level of autonomy (Levels 1-3) by 2025 in the UK and while 40% of people polled would be willing to use fully autonomous or semi-autonomous cars. Thus, the increasing demand for fully autonomous vehicles drives the automotive V2X market growth. Major players in the automotive V2X market are Autotalks Ltd., Continental AG, Denso Corporation, Harman International, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies Inc., Robert Bosch, Cohda Wireless, STMicroelectronics, TE Connectivity Ltd., Qorvo Inc., Ford Motor Company, Danlaw Inc., and Amphenol Corporation. The growing technological advancements such as LTE-V2X technology are a key trend gaining popularity in the automotive V2X market. LTE-V2X technology is an innovative information and communication technology that is used in road transportation systems to allow information to be exchanged between vehicles, humans, networks, and infrastructure. Major companies operating in the automotive V2X sector are focused on developing LTE-V2X technology to strengthen their position. For instance, in September 2022, Cohda Wireless, an Australia-based developer of safe vehicle and connected vehicle design solutions and services, launched the MK6 Road-Side Unit (RSU) to enhance communication technology in connected vehicles. MK6 Road-Side Unit (RSU) is a sophisticated and adaptable vehicle-to-everything connectivity solution to assist the adoption of connected cars on the world's smartest roads and highways with comprehensive communication capabilities which includes DSRC, C-V2X, LTE/5G, and Wi-Fi/Bluetooth and provides users with the reliability, flexibility, and interoperability they require to embark on deployments anywhere in the world. In February 2021. Harman International, a US-based company focused on connected devices for automotive in customer and enterprise markets acquired the resources of Savari, Inc., for an undisclosed amount. With the acquisition of Savari, Harman International aims to improve its car telematics and Advanced Driving Assistance Systems (ADAS) related to the automotive v2x market, and extend the organization's qualities in 5G Edge, Multi-Access Edge Computing (MEC). Savari is a US-based automotive innovation company creating new technologies in vehicle-to-everything technology (V2X) and 5G Edge markets. North America was the largest region in the automotive V2X market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive V2X report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive V2X market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive V2X market includes revenues earned by entities by offering optimize traffic flow, reduce traffic congestion and lessen the environmental impact of transportation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automotive V2X market research report is one of a series of new reports from The Business Research Company that provides automotive V2X market statistics, including automotive V2X industry global market size, regional shares, competitors with a automotive V2X market share, detailed automotive V2X market segments, market trends and opportunities, and any further data you may need to thrive in the automotive V2X industry. This automotive V2X market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The unified communication as a service refers to cloud-based service delivery models that offer all the necessary infrastructure, applications, and resources. It enables businesses to centralize their entire communication architecture and provide access to a variety of turnkey applications and services without the need to invest in bulky IT hardware or specialized support teams. The main components of the unified communication as a service market are telephony, unified messaging, collaboration platforms, conferencing, and other components. Telephony involves the development, application, and deployment of telecommunication services. The various unified communication as a service solution include software and services for different organizations, including small and medium-sized enterprises (SMEs) and large enterprises. The different unified communication as a service verticals include banking, financial services and insurance, IT and telecommunications, IT-enabled services, education, retail and consumer goods, government and defense, healthcare, and other verticals. The global unified communication as a service UCaaS market is segmented - 1) By Component: Telephony, Unified Messaging, Collaboration Platforms, Conferencing, Other Components 2) By Solution: Software, Services 3) By Vertical: Banking, Financial Services And Insurance, IT And Telecommunications, IT-enabled Services, Education, Retail And Consumer Goods, Government And Defense, Healthcare, Other Verticals 4) By Organization Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises The global unified communication as a service (UCaaS) market size will grow from $34.27 billion in 2022 to $38.51 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the unified communication as a service (UCaaS) is expected to grow to $65.1 billion in 2027 at a CAGR of 14.0%. The rising demand for BYOD and mobility is expected to propel the growth of the unified communication as a service market. BYOD (bring your own device) means being allowed to use one's personally owned device, rather than being required to use an officially provided device by an organization, offering greater productivity gains. Certain studies have shown that BYOD can increase productivity, employee satisfaction, and cost savings for the company. According to TechJury, a business software solutions company, as of October 2021, 67% of employees use their own personal devices at the workplace and 59% of organisations have adopted BYOD. Therefore, the increase in demand for BYOD and mobility is driving the unified communications as a service industry. The major players in the unified communication as a service market are 8x8 Inc., ALE International, Avaya Inc., Cisco Systems, Fuze, Inc., Genesys, LogMeIn, Masergy Communications, Inc., Metaswitch Networks Ltd., Microsoft Corporation, Mitel Networks Corporation, NTT Communications Corporation, Ringcentral, Inc., Sify Technologies, Ltd., Tata Communications Ltd., Verizon Communication, Inc., Vonage, Alcatel-Lucent Enterprise, Amazon.com, AT & T Inc., CenturyLink, Dial. Artificial intelligence (AI)-induced automated transcription is a key trend gaining popularity in the unified communication as a service market. AI transcription refers to the speech-to-text technology that replaces the requirement of a manual process. It saves time and increases the capabilities of industry professionals. Automated transcriptions are supported by the principle of automatic speech recognition. For instance, in 2020, Verbit, a US-based company that uses smart AI technology to provide captions and transcription with speed and automation, launched its AI-powered transcription service, used by students, working professionals, and media outlets. Verbit's AI-induced automated transcription software delivers 99% accuracy rates in real-time. In June 2021, Unisys, a US-based information technology company, acquired Unify Square for a deal amount of $152.5 million. The acquisition will allow Unisys to leverage the Unified Communications as a Service (UCaaS) offerings from Unify Square to assist its experience-focused digital workplace services. It will also allow Unisys' digital workplace business to drive increased revenue growth and improved profitability. Unify Square is a US-based company that provides unified communications as a service, purpose-built software, cloud-managed services, and consulting. North America was the largest region in the unified communication as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unified communication as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Unified Communication as a Service (UCaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The unified communication as a service (UCaas) market includes revenues earned by entities by providing unified communication services such as enterprise telephony, audio/video/ web conferencing, unified messaging, data mobility, instant messaging, and communication-enabled business operations to form unified communications channel within the organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The unified communication as a service market research report is one of a series of new reports from The Business Research Company that provides unified communication as a service market statistics, including unified communication as a service industry global market size, regional shares, competitors with a unified communication as a service market share, detailed unified communication as a service market segments, market trends and opportunities, and any further data you may need to thrive in the unified communication as a service industry. This unified communication as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Vehicle-to-vehicle (V2V) communication is a term used to describe a technology used in automobiles for dedicated short-range communication (DSRC). This technology enables vehicles to communicate with one another via wireless components and create a vehicular ad hoc network (VANET) on the road to prevent vehicle collisions and help drivers manage potential risks. The main types of vehicles in the vehicle-to-vehicle (V2V) communication are passenger cars and commercial vehicles. Commercial cars are the cars that are owned by companies or businesses such as semi-trucks, taxis, buses, limos, trailers, and tow trucks. The different types of connectivity include dedicated short-range communication (DSRC), and cellular in vehicles and involve various deployment devices such as original equipment manufacturer (OEM) devices, and aftermarket devices. It is used in traffic safety, traffic efficiency, infotainment, payments, and other applications. The global vehicle to vehicle v2v communication market is segmented – 1) By Vehicle Type: Passenger Cars, Commercial Vehicles 2) By Connectivity: Dedicated Short-Range Communication (DSRC), Cellular 3) By Deployment Type: Original Equipment Manufacturer (OEM) Devices, Aftermarket Devices 4) By Application: Traffic Safety, Traffic Efficiency, Infotainment, Payments, Other Applications The global vehicle-to-vehicle (V2V) communication market size will grow from $20.01 billion in 2022 to $23.19 billion in 2023 at a compound annual growth rate (CAGR) of 15.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the vehicle-to-vehicle (V2V) communication is expected to grow to $37.19 billion in 2027 at a CAGR of 12.5%. Growing concern for road safety is expected to propel the growth of the vehicle-to-vehicle communications market going forward. Road traffic injuries cause considerable damage to infrastructure and human lives as well as economic losses to individuals, their families, and nations. Road accidents can be prevented by improving the safety features of vehicles, designing safer infrastructure, incorporating road safety features, transport planning, enforcing laws relating to key risks, and raising public awareness. There are so many accidents taking place because of a lack of road safety and the measures taken to road safety and there is a need for vehicle-to-vehicle communications to provide road safety. For Instance, in June 2021, according to the World Health Organization, over 1.3 million people die every year as a result of road traffic accidents, with low and middle-income nations accounting for 93% of all traffic deaths. In the African region, road traffic casualties account for more than 90% of all deaths. WHO is providing technical support to the countries for road safety. Therefore, growing concern for road safety drives the vehicle to the vehicle communications market. Major players in the vehicle-to-vehicle (V2V) communication market are General Motors, Daimler AG, Toyota Motor Corporation, Volkswagen Group, Harman International Industries, Mobileye, Ford Motor Company, Bayerische Motoren Werke AG, Audi AG, Mercedes-Benz, Qualcomm, Cisco Systems Inc., Autotalks, DENSO Corporation, Arada Systems Inc., Nissan Motor Co.Ltd., Honda Motor Company Ltd., and Lear Corporation. Technological advancement is a key trend gaining popularity in the vehicle-to-vehicle communications market. Major companies operating in the vehicle-to-vehicle communications sector are focused on developing new technological solutions to strengthen their position. For instance, in October 2022, Nav Wireless Technologies Pvt. Ltd., an India-based communication technology company, introduced Defense Expo, advanced vehicle-to-Vehicle communication technology for armed forces to share data more securely. Defense Expo is an optical LiFi-based communication that uses LEDs in vehicles to transfer data from one vehicle to another vehicle using the light spectrum. In October 2020, BorgWarner, a US-based automotive company involved in providing technology solutions for combustion, hybrid, and electric vehicles acquired Delphi Technologies for an undisclosed amount. With this acquisition, BorgWarner will strengthen its electronics and power electronics products, extend its portfolio and strengthen commercial vehicle and aftermarket industries which include the vehicle-to-vehicle communications market. Delphi Technologies is a UK-based power electronics technology and products company that provides vehicle communication interface technology. North America was the largest region in the vehicle-to-vehicle(V2V) communication market in 2022. The regions covered in vehicle-to-vehicle(V2V) communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the vehicle-to-vehicle (V2V) communication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The Vehicle-to-vehicle (V2V) communication market includes revenues earned by entities by providing technology or software that enables the wireless communication of information regarding the two vehicles' direction, location, and speed. Vehicle-to-vehicle (V2V) communication assists drivers to recognize dangers by providing visual, tactile, and audible indicators to alert drivers to assess the likelihood of crashes. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vehicle-to-vehicle (V2V) communication market research report is one of a series of new reports from The Business Research Company that provides vehicle-to-vehicle (V2V) communication market statistics, including vehicle-to-vehicle (V2V) communication industry global market size, regional shares, competitors with a vehicle-to-vehicle (V2V) communication market share, detailed vehicle-to-vehicle (V2V) communication market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle-to-vehicle (V2V) communication industry. This vehicle-to-vehicle (V2V) communication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Web real-time communication (WebRTC) is an open-source project developed to embed real-time video, voice, confessing, messaging, and other capabilities through JavaScript APIs within web browsers. It provides browser-to-browser communications without the need for additional plugins/utilities. The web real-time communication is used for real-time data transfer for communications without the need for a custom interface, special software, and extra plugins for integration. The main components of web real-time communication are solution and service. Solution refers to developing real-time communication for various firms for easy digital interaction. Web real-time communication solution offers voice calling, video calling, conferencing, messaging, file sharing, and others within the organizations. The web real-time communication-enabled devices are mobile, desktop, and tablet. These communication software solutions or services can be deployed on the cloud or on-premise. It is used by small, medium, and large-scale enterprises in information technology (IT) and telecom, banking, financial services, and insurance (BFSI), government and defense, healthcare, retail, media and entertainment and others. The global web real time communication market is segmented - 1) By Component: Solution, Service 2) By Web RTC-Enabled Devices: Mobile, Desktop, Tablet, Other Web RTC-Enabled Devices 3) By Deployment Type: Cloud, On-Premise 4) By Enterprise Size: Small and Medium Scale Enterprises (SMEs), Large Enterprises 5) By Application: Information Technology (IT) and Telecom, Banking, Financial Services and Insurance (BFSI), Government and Defense, Healthcare, Retail, Media and Entertainment, Other Applications The global web real-time communication market size will grow from $6.06 billion in 2022 to $8.85 billion in 2023 at a compound annual growth rate (CAGR) of 46.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the web real-time communication is expected to grow to $39.84 billion in 2027 at a CAGR of 45.7%. The growing popularity of BYOD will propel the web real-time communication market growth. BYOD is when employees connect to the organization's network and access what they need to complete their tasks using their personal devices, such as smartphones, tablets, computers, laptops, and others. BYOD is aided by web real-time communication as it links browser-to-browser without additional plugins/utilities. According to Cisco, an IT and networking company, 89% of IT departments enable BYOD in some form, and 69% of IT leaders are positive about BYOD. Therefore, the growing adoption of BYOD policies in companies is driving the web real-time communication market growth. Major players in the web real-time communication market are Avaya Inc., CafeX Communications Inc., Cisco Systems Inc., Dialogic Corporation, Google LLC, Oracle, Plivo Inc., Mitel Networks Corp., Ribbon Communications Operating Company Inc., Quobis, Sangoma, Vonage America LLC, Tokbox Inc., TWILIO Inc., International Business Machines Corporation, Temasys Communications Pte Ltd., Apple Inc., and Microsoft. New product innovation is the key trend that is gaining popularity in the web real-time communication market. Major companies operating in the web real-time communication market are focused on research and development for product innovations that could give better solutions to customers and strengthen their position in the market. For instance, in November 2020, Ribbon Communications Operating Company Inc., a US-based company operating in web real-time communication, launched a new Work@Home solution based on cloud computing, to address the telecommuting wave for remote working in partnership with UnifiedCommunications.com. The Work@Home solution provides offices with remote working capabilities that include video, screen sharing, chat, and other features. UnifiedCommunications.com is a US-based company operating in web real-time communication. In January 2020, Enghouse Systems Limited, a Canada-based Software Company operating in various verticals, including web real-time communication, acquired Dialogic Corporation for $52.0 million. With this acquisition, Enghouse Systems Limited aims to strengthen its multi-media processing product portfolio and gain a market advantage in the enterprise video and unified communications market. Dialogic Corporation is a US-based Company operating in web real-time communication. North America was the largest region in the web real-time communication market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the web real-time communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the web real-time communication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The web real-time communication market consists of revenues earned by entities by providing peer to peer, multipoint conferencing units (MCUs) and selective forwarding units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The web real-time communication market research report is one of a series of new reports from The Business Research Company that provides web real-time communication market statistics, including web real-time communication industry global market size, regional shares, competitors with an web real-time communication market share, detailed web real-time communication market segments, market trends and opportunities, and any further data you may need to thrive in the web real-time communication industry. This web real-time communication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.