Industry Analysis & Industry Trends
The Fleet Telematics Systems industry performed exceptionally well over the past five years, as the proliferation of industry products increased. Nevertheless, continued outsourcing of hardware production and saturation in certain markets slightly hindered growth. Over the next five years, the industry is expected to continue its rapid growth. Greater use of mobile devices with internet connections, increasing regulations and new markets are projected to spur demand. However, imports and strong competition resulting from relatively low barriers to entry will slightly taper industry growth.... purchase to read more
Industry Report - Industry Locations Chapter
Several factors affect industry locations, including proximity to complementary industries, customers and suppliers. Firms also consider the location and accessibility of highly skilled labor.
The West, Southeast and Mid-Atlantic
The West dominates the industry, with 27.2% of establishments located there. California alone is home to 19.7% of establishments because it is a hub for technology and software developments. As a result, it is easier for companies to not only find the best engineers, but also establish links with other industries and investors that can help operators grow. The Southeast and Mid-Atlantic account for 16.3% and 15.0% of industry establishments... purchase to read more