Automotive Telematics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-2592 | Report Format : | Status : Upcoming |

Abstract

Global Automotive Telematics Market: Overview

The global automotive telematics market comprises of telematics which is utilized by light, medium, and heavy commercial vehicles. All main automotive manufacturers across the world are now focusing on developing and executing the telematics theory into their vehicles. The incorporation of information processing systems and telecommunications in automobiles that comprises the GPS navigation, emergency caution system for vehicles, automatic driving assistance systems integrated hands-free mobile phones, and wireless safety communications, comes under the division of telematics.

Global Automotive Telematics Market: Growth Factors

The automotive telematics market is majorly driven by the customers who are demanding unique and new innovative aspects and services that are impeccably incorporated into their mobile and digitized lifestyles. The market is mainly driven by technical improvements aimed at improving the overall in-vehicle experience of customers. Additionally, the growth of this market is driven by improved safety awareness, strict security & safety norms, and affordability to adopt telematics systems. The market will be primarily driven by major concerns about the safety and security of the driver/passenger that helps to increase the use of telematics services considerably. The immense rise in the overall demand for passenger vehicles has established to be extremely advantageous for the global automotive telematics market. Increasing sales figures, particularly in developing economies with growing disposable income and the growing population of rich middle-class families in countries such as China, Brazil Indonesia, and India, are creating abundant development opportunities for technically highly developed accessories in vehicles. These aspects, combined with the increasing connectivity of internet and enhanced network infrastructure in these countries are driving the demand for automotive telematics market.
 
Global Automotive Telematics Market: Segmentation

The global automotive telematics market is classified based on type, applications, and end-user. Based on the type, the automotive telematics market is bifurcated into aftermarket and automotive original equipment manufacturers (OEM). Aftermarket is expected to have a comparatively high market share as compared to OEM. On the basis of applications, the automotive telematics market is classified into services and solutions. Solutions segment is further sub-divided into infotainment, fleet/asset management, vehicle-to-vehicle (v2v)/vehicle to infrastructure (v2i), insurance telematics, remote alarm, telehealth, and others. The services segment is sub-segmented into deployment & integration, design & consulting, and maintenance & training. On the basis of end-user, the global market is divided into healthcare, transportation & logistics, media and entertainment, insurance, government agencies, and vehicle manufacturers/dealers.
 
Global Automotive Telematics Market: Regional Analysis

Regionally, the market is categorized into Europe, Asia Pacific, North America, and the Middle East and Africa. In the coming future, Asia Pacific is anticipated to be the major market, due to the quickly rising number of automobiles sold in the region. The rise in sales is primarily boosted by the rising population and the growing disposable income. The Middle East and Africa automotive telematics market are also increasing at a good pace owing to growing government regulations for the security & safety of passengers, drivers, and vehicles.

Global Automotive Telematics Market: Competitive Players

Some of the major market players in the global automotive telematics market are Airbiquity Inc., Agero Inc., Verizon Communications Inc., Continental AG, and Visteon Corporation, among others.

Global Automotive Telematics Market: Regional Segment Analysis 

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 


Related Reports

Yachts Charter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2761 | Report Format:

Global Yachts Charter Market: Overview Yacht charting mainly represents the practice of taking a yacht on rent for traveling to any island destinations as it offers all the lavish comforts anyone would wish to have. They are majorly hired for holidays and corporate functions. The two important t...Read More

Forestry And Agricultural Tractor Sales Market by Drive Type (4-Wheel Drive and 2-Wheel Drive); By Power (Below 10 kW, 10-30 kW, 30-50 kW, and Above 50 kW); and By Application (Forestry and Agricultural) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2739 | Report Format:

Report Brief The report covers forecast and analysis for the forestry and agricultural tractor sales (FATS) market on a global and regional level. The report also provides historical data of the market for better understanding the dynamics and trends prevalent in the market. The report include...Read More

Autonomous Car Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2706 | Report Format:

Global Autonomous Car Market: Overview A driverless car or self-driving car or be it robotic cars has the potential of sensing its nearby places while driving on streets and navigating devoid of any human support/input. Autonomous cars are already installed with control systems which help them t...Read More

IoT Fleet Management Market by Platform (Device management and Application Enablement Platform (AEP)); by Services (Professional and Managed); by Solutions (Drive Time Analysis, Driver Information System, Fleet Analytics, Fuel Management, Remote Diagnostics, Routing Management, Tracking and Monitoring, and Vehicle Maintenance); by Cloud Deployment Model (Hybrid, Private, and Public); by Fleet Type (Commercial Vehicles (CV), Passenger Cars (PC), and Public Buses): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016– 2024

Mar-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2701 | Report Format:

Report Brief The report covers the forecast and analysis for the IoT fleet management market on a global and regional level. The report includes the positive and the negative factors that are influencing the growth of the market. Market opportunities are discussed in detail. The key target au...Read More

Automated Parcel Delivery Terminals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2685 | Report Format:

Global Automated Parcel Delivery Terminals Market: Overview Automated parcel delivery terminals are gradually becoming the ideal substitute delivery solution as it supports in decreasing the expenditure gained in the logistics chain. In addition, it helps in the good organization in deliveries a...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry