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Telematics Market Latest Study Explores Gigantic Growth : InfoTrack Telematics, Agero, NXP Semiconductors, BOX Telematics, Coordina Gestion Logistica SL, Verizon Enterprise Solutions, Trimble Navigation Ltd.,Calamp Corp. ORBCOMM

02-28-2020 11:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research for Markets

Telematics Market Latest Study

Telematics Market Latest Study

The Telematics Market 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 Telematics Market report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Telematics Market

Global Telematics Market valued approximately USD +15 billion in 2019 is anticipated to grow with a healthy growth rate of more than +26% over the forecast period 2020-2025. The Telematics Market is continuously growing in the global scenario at significant pace. Telematics is a set of interdisciplinary technologies that are providing the automotive industry the tools, methodologies and systems to transform driving into an engaging and interactive connected vehicle user experience (UX).

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The major market player included in this Telematics Market report are:
o Tantalum Corporation
o InfoTrack Telematics,
o Agero Inc.,
o NXP Semiconductors,
o BOX Telematics,
o Coordina Gestion Logistica SL,
o Verizon Enterprise Solutions,
o Trimble Navigation Ltd.,
o Calamp Corp.,
o ORBCOMM Inc.
o ClickSoftware Technologies Ltd.
o Qualcomm
o Omnitracs Inc.
o ZENRIN DataCom
o AT&T

In a broader context, it functions as a collection of foundational enablement technologies that facilitate the seamless exchange of information, vital to creating connected vehicle industry services, applications and ecosystems. 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.

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Telematics Market By Application:
? Fleet/Asset Management
? Navigation and Location-Based
? Infotainment
? Insurance Telematics
? Tele-Health
? Remote Alarm and Monitoring
? Others

Telematics Market By End-Use:
? Automotive
? Government & Defense
? Healthcare
? Others

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.

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Telematics Market By Regions:
? North America
o U.S.
o Canada
? Europe
o UK
o Germany
? Asia Pacific
o China
o India
o Japan
? Latin America
o Brazil
o Mexico
? Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017
Base year - 2018-2019
Forecast period - 2020 to 2025

Some of the Major Highlights of TOC covers:

Chapter 1: Telematics Market Methodology & Scope

Definition and forecast parameters
Methodology and forecast parameters
Data Sources

Chapter 2: Telematics Market Executive Summary

Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Telematics Market Industry Insights

Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape

Chapter 4: Telematics Market , By Region

Chapter 5: Telematics Market Company Profile

Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Contact:

Mr. A Naidu

Research for Markets

Email: alan.naidu@researchformarkets.com

Tel: +44 8000-4182-37 (UK)

About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

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