Telematics Market Is Estimated To Expand At a Healthy CAGR in the Upcoming Forecast 2025
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Rising demand for raw diagnostic data to improve vehicle performance, increase in demand for telematics solutions from healthcare sector and government mandates about safety and security are the substantial driving factors of the market during the forecast period. Moreover, potential for 5G technology providers and increasing development of semi-autonomous & autonomous cars is the major factor that likely to creating lucrative opportunity in the near future. Additionally, telematics offers several benefits such as reduce operating costs, increase job satisfaction, improve safety, optimize vehicles and so on. These benefits also aiding the growth of the market across the globe. However, lack of standardization, vulnerability to cyber-attacks and lack of infrastructure in emerging countries are the major factor that limiting the market growth of Telematics during the forecast period.
The regional analysis of Global Telematics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to increasing adoption of connected vehicles and presence of integration of cutting edge technologies in the region. Europe is estimated to grow at stable growth rate in the global Telematics market over the upcoming years. Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to rising demand from developing economies such as India and China.
The major market player included in this report are:
• Tantalum Corporation
• InfoTrack Telematics
• Agero Inc.
• NXP Semiconductors
• BOX Telematics
• Coordina Gestion Logistica SL
• Verizon Enterprise Solutions
• Trimble Navigation Ltd.
• Calamp Corp.
• ORBCOMM Inc.
• ClickSoftware Technologies Ltd.
• Omnitracs Inc.
• ZENRIN DataCom
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Navigation and Location-Based
Remote Alarm and Monitoring
Government & Defense
Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Threat Intelligence Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Email : Sales@kennethresearch.com
Phone: +1 313 462 0609
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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