Automotive Telematics Market Growth, Trends, Technological Innovation and Forecast to 2027 | Fleetmatics IrL, Visteon, Trimble Navigations, Airbiquity, Omnitracs, Autotrac, TomTom Telematics, Teletrac

Automotive Telematics Market

Vehicle based data generation and further its uses for various applications has proved to be of great use to the vehicle drivers and its occupants. Vehicle Telematics implies the use of cellular communication for transmitting the vehicle based data which can be further processed for various Applications. Vehicle Telematics applications ranges over wide spectrum from simple but critical vehicle accident notification to highly sophisticated in-car internet and cloud based computing. Vehicle Telematics aims at transmitting vehicle data over cellular communication channel. In most cases Telematics units are equipped with GPS (Global positioning systems) units which provide vehicle location details. The data transmitted over the cellular network can contain the critical emergency information from vehicle or in advanced applications.

Enhanced focus towards increasing safety for drivers while on the wheels coupled with the need for high level infotainment systems in vehicles has proliferated the growth of automotive telematics market. The higher integration costs associated with telematics hinder the growth of automotive telematics market in recent times. Various rules and regulations being laid down by the concerned bodies regarding provisioning high level safety and driver assist systems in the automobiles by the OEMs provide larger opportunities for the players operating in the automotive telematics market.

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Some of the key players of Automotive Telematics Market:
Fleetmatics IrL, Visteon, Trimble Navigations, Airbiquity, Omnitracs, Autotrac, TomTom Telematics, Teletrac, Agero, and Masternaut Ltd.

The Global Automotive Telematics Market Analysis to 2027 is a specialized and in-depth study of the automotive telematics market with a focus on the global market trend. The report aims to provide an overview of the global Automotive Telematics Market with detailed market segmentation by technology, vehicle type, application, and geography. The global automotive telematics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Segment by Type
Wifi Type
Others

Segment by Application
Repair Technicians
State Agencies
Vehicle Owners
Vehicle and Engine Manufacturers
Others

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Telematics market based on product and application. It also provides market size and forecast till 2027 for overall Automotive Telematics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.

Reason to Buy:

  1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Telematics Market.
  2. Highlights key business priorities in order to assist companies to realign their business strategies.
  3. The key findings and recommendations highlight crucial progressive industry trends in the Automotive Telematics Market, thereby allowing players to develop effective long term strategies.
  4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Wednesday June 12 2019, 5:30 PM EDT. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Business Services, Featured Press Release, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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