Press release
Survey: Ongoing Impact Of COVID-19 On Automotive Telematics Market - Competitive Outlook By Cartrack, Masternaut limited, Mix telematics, Omnitracs, Tomtom Telematics BV ., Trimble Inc., Verizon, I.D.Systems, Inc., Teletrac Navman, Airbiquity In
Survey: Impact Of COVID-19 On Automotive Telematics Market
The global automotive telematics market is projected to reach values of approximately USD 75.20 billion by 2026, growing at a CAGR of more than 15.73% forecast To 2026.
Sample PDF Report + All Related Graphs & Charts Is Available Instantly At https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-automotive-telematics-market
This study on the automotive telematics market also provides data on the developments made by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with trends and restraints in the landscape
**The outbreak of pandemic COVID-19 all over the world has disturbed the economic and financial structures of the whole world. The world's topmost economies such as the US, China, UK, Germany, France, Italy, Japan, and many others are on the verge of collapse. Our Analysts at Data Bridge Market Research has conducted a special survey and have connected with opinion leaders and industry experts from the various region to minutely understand the impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on the Global Automotive Telematics Market along with tables and graphs related to various countries and segments showcasing impact on growth trends.
Competitive Landscape: Automotive Telematics Market
Cartrack,
Masternaut limited,
Mix telematics,
Omnitracs,
Tomtom Telematics BV .,
Trimble Inc.,
Verizon,
I.D.Systems, Inc.,
Teletrac Navman,
Airbiquity Inc, and so on.
Key Questions Answered
How much revenue will the automotive telematics market generate by the end of the forecast period?
Which segment of the market is likely to hold the maximum market share by 2026?
Which regions currently contribute the maximum share to the overall automotive telematics market?
What are the key drivers for automotive telematics market?
Which region is likely to be a lucrative market during the forecast period?
How the shift in trend is taking place across various regions?
What are the major advancements witnessed in the automotive telematics market?
How regulatory norms affected the market for automotive telematics?
rising awareness about driver's safety and growing influence of safety regulations imposed by various government organizations in the European Union, Russia, and Brazil have made telematics an essential component for vehicles. The factors such as reduction in the cost of connectivity and increasing market penetration of connected devices such as smartphones, and tablets are contributing to the burgeoning demand for connected cars.
Get FULL Table of Content | Request For Free @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-telematics-market
Segmentation
By Application
Asset Management,
Navigation & Location-based system,
Infotainment System,
Insurance telematics,
Safety & security
By On-Highway Vehicle Form Factor
Embedded Telematics Solutions,
Integrated Telematics Solutions,
Tethered Telematics Solutions
By Hardware
Infotainment Display Unit,
Telematics Solutions Control Unit
By Vehicle Type
Passenger Car,
Commercial Vehicles
By On-Highway Vehicle Services
ACN,
Emergency Calling,
Navigation & Infotainment,
On-Road Assistance,
Remote Diagnostics,
Vehicle Tracking/Recovery
By Off-Highway Vehicle Services
Fuel Management,
Location/Usage Tracking,
Maintenance & Repair,
Navigation,
Diagnostics, Other Services
By Off-Highway Vehicles Technology
Cellular Technology,
Satellite Technology
BY REGION
North America
o U.S.
o Canada
Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
Asia-Pacific
o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
Globally, North America had the largest share in the automotive telematics market, in terms of revenue, in 2019. The main factor behind this was the large-scale implementation of supportive government regulations. For instance, the Federal Motor Carrier Safety Administration (FMCSA) in the U.S. has made it mandatory for the commercial vehicles in the country to install electronic logging devices (ELD), which caused a huge spike in the demand for automotive telematic solutions, thereby leading to the market growth in the region.
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Data Bridge Market Research
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Email: Corporatesales@databridgemarketresearch.com
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