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Key players in the automotive telematics market are Teletrac Inc., Fleetmatics IrL Ltd., DigiCore, Mix Telematics, Telogis

12-13-2018 06:00 AM CET | Logistics & Transport

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
Automotive Telematics Market

Automotive Telematics Market

Automotive Telematics comprises of telecommunication and informatics, which includes anything from GPS to navigation systems for automatic roadside assistance and remote diagnostics. Automotive telematics works on various technologies namely GPS, digital radio modules, GPRS/CDMA, human-machine interface and high-performance multimedia processor. Increased safety awareness, technological advancement and the need for safety measures are driving the growth of the automotive telematics market. Also, government regulations regarding accidents and safety of road transportation are supporting the growth of this market. However, high error rates and breakdown in communication are challenges for this market. Since 2007, a double digit growth in Fleet has opened up the opportunities for the market. Vehicle makers are also offering better opportunities for the market, as they continue to develop smart cars that use telematics technology to deliver better results for customers.

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Automotive telematics market is segmented on the basis of type, services and vehicle type. Type segment comprises of embedded, tethered & integrated technology. The service segment includes safety & security, information & navigation, entertainment and remote diagnostics. Safety & security segments have the highest market share due to their applications in vehicle and in fleet management. Vehicle type segment includes passenger car, HCV and LCV. Future growth in some countries such as Brazil, Russia, and European Union depends on the government norms and regulations.

Key players in the automotive telematics market are Teletrac Inc., Autotrac, ID systems Inc., Fleetmatics IrL Ltd., Trimble Navigations and Omnitracs LLC, DigiCore, Mix Telematics, Telogis, TomTom Telematics and Masternaut Ltd.

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KEY BENEFITS

The study provides an in-depth analysis of the automotive telematics market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities along with impact analysis
Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial caliber of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
MARKET SEGMENTATION

The market is segmented on the basis of type, services, vehicle type and geography.

MARKET BY TYPE

Embedded
Tethered
Integrated
MARKET BY SERVICES

Safety & security
Information & navigation
Entertainment
Remote diagnostics
MARKET BY VEHICLE TYPE

Passenger car
HCV
LCV
MARKET BY GEOGRAPHY

North America
Europe
Asia Pacific
LAMEA

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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