Car Telematics Market Cost Structure and Growth Opportunities 2021 | Agero Inc. ,Airbiquity Inc. ,At&T, Inc

The Car Telematics Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

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Telematics is an interdisciplinary field that encompasses telecommunications, vehicular technologies, including road safety, road transportation; electrical engineering including sensors, instrumentation, wireless communications, etc. Telematics is a system of monitoring a vehicle. By combining a Global Positioning System (GPS) with on-board diagnostics, it's possible to record and map. This system is capable to find where exactly a car is and how fast it's traveling, and cross-reference that with how a car is behaving internally. By adding communication over a 3G network, telematics can be used to send both data and communications back and forth between a vehicle and a central management system. Telematics is also a term used to describe linked car features in general, which include live weather, traffic, and parking info on the dashboard, apps, voice-activated features such as featured on the and even gulp Facebook integration. By rising safety issues, the car telematics market has been propelling across the globe.

Recently, Agero has announced a new AI-powered mobile telematics platform for crash detection, response, and prevention. Driver360, a holistic mobile solution that utilizes a smartphone’s native sensors to provide automatic crash detection, response, and prevention, without the need for additional hardware. The Driver360 mobile software development kit (SDK) will be easily integrated into existing automotive manufacturers and insurance providers mobile apps. By replacing costly embedded telematics systems with the consumer’s mobile phone, Driver360 brings crash services and driver behavior analysis mainstream.

Major Players are:

Agero Inc. (United States),Airbiquity Inc. (United States),At&T, Inc (United States),Continental Ag (Germany),Delphi Automotive Plc (Ireland),Intel Corporation (United States),Mix Telematics (South Africa),Robert Bosch Gmbh (United States),Verizon Communications Inc (United States),Teletrac Inc. (United States),

NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

The titled segments and sub-section of the market are illuminated below:
Type (Embedded, Tethered, Integrated), Services (Safety & security, Information & navigation, Entertainment, Remote diagnostics)

Market Trends:
The Widespread Mobile Communications Technology Constantly Connecting the Entire World Including Individuals, Businesses and Machines Is Targeted To Be Implemented In the Automotive Industry

Market Drivers:
Increased Safety Awareness
Technological Advancement
The Need for Safety Measures
Government Regulations Regarding Accidents and Safety of Road Transportation

Challenges:
High Error Rates and Breakdown in Communication

Opportunities:
Double digit growth in Fleet

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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Car Telematics Market
Chapter 05 – Global Car Telematics Market - Pricing Analysis
Chapter 06 – Global Car Telematics Market Background
Chapter 07 -- Global Car Telematics Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Car Telematics Market
Chapter 09 – Global Car Telematics Market Structure Analysis
Chapter 10 – Global Car Telematics Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology

What are the market factors that are explained in the Car Telematics Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Questions Answered in the Report:
• How much is the Car Telematics Market Worth?
• What is the Growth Rate of the Car Telematics Market?
• Which Segment of the Car Telematics to Hold the Highest Market Share?
• Which Segment of the Car Telematics Market to Witness Fastest Growth Rate?
• Which Region to Hold the Biggest Market Share?
• Who are the Key Players of the Car Telematics Market?

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