• About
  • Subscribe
  • Contact
Wednesday, September 27, 2023
    Login
FutureIOT
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
FutureIOT
No Result
View All Result
Home Application Commercial

China commercial telematics to climb $5 billion by 2024

FutureIoT Editors by FutureIoT Editors
March 26, 2019

Market researcher ABI Research says e-commerce growth, investments in transportation infrastructure and increasingly stringent emissions standards for heavy-duty vehicles will power China’s commercial vehicle telematics market over the next five years to a 22% CAGR over the forecast period.

“China’s logistics market accounts for nearly 15% of the country’s GDP and was expected to produce over one million heavy-duty and over 200,000 medium-duty commercial vehicles last year,” says Susan Beardslee, Principal Analyst at ABI Research. “The market is developing from conventional ‘track and trace’ solutions to increasing use of connected technology and factory-fit solutions.”

Developing a market presence in China can be a challenge for international companies. There are detailed and lengthy provisions to apply as a foreign-funded enterprise.

“Although economic opportunities for the Chinese market are substantial and growing, suppliers wanting to enter must plan for a long-term investment approach, carefully evaluating local partners and considering multimarket agreements and advanced technologies,” Beardslee concluded.

Related:  ABI Research: Automation will drive robotics use in construction and mining
Tags: ABI Researche-commercetelematics
FutureIoT Editors

FutureIoT Editors

No Result
View All Result

Recent Posts

  • Intent-based networking solution to offer faster resolution of application issues
  • Wind energy data transparency project adopts OCF standard
  • Keysight ups the ante in oscilloscope performance
  • GenAI to provide insights on vehicle performance, efficiency, and sustainability
  • 5 technologies that will transform the digital future of enterprises

Categories

  • Agriculture
  • AI and Machine Learning
  • Application
  • Application and Middleware
  • Automotive
  • Banking and Financial Services
  • Big Data and Analytics
  • Blockchain
  • Case Studies
  • Change Healthcare
  • Cloud and Platforms
  • Commercial
  • Construction
  • Consumer
  • Customer Engagement
  • Devices
  • Future Workplace
  • FutureCFO
  • Governance, Standards and Regulations
  • Government, Healthcare and Education
  • Hospitality and Tourism
  • Industrial
  • Industry
  • IT-OT integration
  • Manufacturing
  • Networking
  • Research and Development
  • Retail and E-commerce
  • Security
  • Sensors and Instrumentation
  • Smart Cities
  • smart contracts
  • Smart Home
  • Start-ups
  • Technology
  • Telecommunications
  • TIBCO
  • Transportation and Logistics
  • Uncategorized
  • Videos
  • Whitepapers

About FutureIoT

Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

Quick Links

  • Subscribe
  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms of Use

Categories

Recent News

Photo by Christina Morillo: https://www.pexels.com/photo/software-engineer-looking-at-an-ipad-1181335/

Intent-based networking solution to offer faster resolution of application issues

September 27, 2023
Photo by Kervin Edward Lara: https://www.pexels.com/photo/white-wind-turbines-on-gray-sand-near-body-of-water-3976320/

Wind energy data transparency project adopts OCF standard

September 26, 2023
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Subscribe