Press release
The Global Automotive Telematics Market Assessed to Advance at $382.09 Billion by 2028
A recent study by Triton Market Research titled 'Global Automotive Telematics Market' consists of the Global Analysis and Forecasts by Vehicle (Two-Wheeler, Commercial Vehicles, Passenger Cars), Application (Fleet/Asset Management, Navigation & Location Based System, Infotainment System, Insurance Telematics, Safety & Security, Other Applications), Segment (Integrated Smartphones, Tethered, Embedded), End-user (Original Equipment Manufacturers (OEMs), Aftermarket), and by Geography (Asia-Pacific, Europe, North America, Latin America, Middle East and Africa).Telematics refers to an amalgamation of telecommunication, electrical engineering, and vehicle technologies that assist in offering a connected driving experience to users.
Request Free Sample of the Global Automotive Telematics Market Report @ https://www.tritonmarketresearch.com/reports/automotive-telematics-market#request-free-sample
As per Triton Market Research's report, the global automotive telematics market is evaluated to register growth at a CAGR of 22.27% during the forecast period 2021-2028, gaining revenue worth $382.09 billion.
The increase in demand for vehicle tracking and navigation has surged the installation of telematics in passenger vehicles. Presently, several regulatory bodies are introducing policies for passenger safety, favoring the studied market.
Hence, the regulations for passenger and vehicle safety, coupled with the rising adoption of connected car services, are supporting the progression of the automotive telematics market.
However, less connectivity in automobiles, cybersecurity risks, and expensive telematics solutions are restricting the expansion of the automotive telematics market.
The automotive telematics market is segmented into vehicle, application, segment, and end-user.
The vehicle is divided into two-wheeler, commercial vehicles, and passenger cars. Based on application, the market is categorized into fleet/asset management, navigation & location-based system, infotainment system, insurance telematics, safety & security, and other applications. In terms of segment, the market trifurcated into integrated smartphones, tethered, and embedded. Lastly, the end-user is subdivided into original equipment manufacturers (OEMs) and aftermarket.
Globally, North America dominates the automotive telematics market. The region's robust growth is mainly owing to the rising demand for commercial vehicles, especially in the United States. Other than this, the growing adoption of telematics, such as navigation systems, fleet management, and more, are adding to the studied market's growth.
Furthermore, the presence of key players, including Intel Corporation and AT&T Inc, has enhanced the demand for telematics across Canada and the United States. Hence, these trends are motivating the expansion of the automotive telematics market across North America.
Intel Corporation, Qualcomm Technologies Inc, Airbiquity Inc, Trimble Inc, ATT Inc, Continental AG, Mix Telematics, Robert Bosch GmbH, Teletrac Navman US Ltd, Harman International Industries Inc, Verizon Communications Inc, Omnitracs LLC, Visteon Corporation, Masternaut Limited, and Tomtom International BV are well-known companies in the automotive telematics market.
Purchase this Report @ https://www.tritonmarketresearch.com/reports/automotive-telematics-market#purchase-option
Question & Answer: Automotive Telematics Market
Question 1: What significant factors are supporting the progression of the automotive telematics market?
Answer: The increase in demand for vehicle tracking and navigation has surged the installation of telematics in passenger vehicles. Presently, several regulatory bodies are introducing policies for passenger safety, favoring the studied market. Hence, the regulations for passenger and vehicle safety, coupled with the rising adoption of connected car services, are supporting the progression of the automotive telematics market.
Question 2: What factors are restricting the expansion of the automotive telematics market?
Answer: The less connectivity in automobiles, cybersecurity risks, and expensive telematics solutions are restricting the expansion of the automotive telematics market.
Question 3: Which region dominates the automotive telematics market?
Answer: Globally, North America dominates the automotive telematics market. The region's robust growth is mainly owing to the rising demand for commercial vehicles, especially in the United States. Other than this, the growing adoption of telematics, such as navigation systems, fleet management, and more, are adding to the studied market's growth. Furthermore, the presence of key players, including Intel Corporation and AT&T Inc, has enhanced the demand for telematics across Canada and the United States. Hence, these trends are motivating the expansion of the automotive telematics market across North America.
Question 4: Which are the well-known companies in the automotive telematics market?
Answer: Intel Corporation, Qualcomm Technologies Inc, Airbiquity Inc, Trimble Inc, ATT Inc, Continental AG, Mix Telematics, Robert Bosch GmbH, Teletrac Navman US Ltd, Harman International Industries Inc, Verizon Communications Inc, Omnitracs LLC, Visteon Corporation, Masternaut Limited, and Tomtom International BV are well-known companies in the automotive telematics market.
Related Report:
Global Advanced Driver Assistance System (ADAS) Market - https://www.tritonmarketresearch.com/reports/advanced-driver-assistance-system-market#report-overview
The global advanced driver assistance systems (ADAS) market is likely to advance at a CAGR of 21.66% during the projected period of 2019-2027 while reaping revenue worth $80.97 billion by 2027.
Advanced driver assistance systems refer to advanced technologies that help drivers with various safety features, including parking assistance, crash alerts, and theft alerts.
Factors such as the growing production of vehicles, rising automobile theft, and increasing safety standards in new vehicles are supplementing the growth of the studied market.
In addition, the surge in the adoption of ADAS systems in low-cost cards, coupled with growing concerns relating to passenger safety, are opening new avenues for market players to strengthen their footings in the advanced driver assistance systems market.
Triton Market Research
196, wards wharf approach
London E16 2EQ
Phone: +44 7441 911839
Email: sales@tritonmarketresearch.com
Website: https://www.tritonmarketresearch.com/
We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Global Automotive Telematics Market Assessed to Advance at $382.09 Billion by 2028 here
News-ID: 2748532 • Views: …
More Releases from Triton Market Research

Asia-Pacific Dermatology Devices Market Forecast 2023-2030: Trends and Growth An …
The Asia-Pacific Dermatology Devices Market is experiencing significant growth, driven by increasing awareness and prevalence of skin disorders. Countries within this market include China, Japan, South Korea, India, Australia & New Zealand, ASEAN countries, and the Rest of Asia-Pacific. According to a research report by Triton, the market is expected to grow at a compound annual growth rate (CAGR) of 13.36% from 2023 to 2030.
Read the Market Summary Here: https://www.tritonmarketresearch.com/reports/asia-pacific-dermatology-devices-market#report-overview?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=TritonPR…

Future Insights: Middle East and Africa Dermatology Devices Market Forecast 2023 …
The MIDDLE EAST AND AFRICA DERMATOLOGY DEVICES MARKET is poised for substantial growth, driven by the rising prevalence of skin disorders and increasing demand for advanced dermatological treatments. The market includes countries such as the United Arab Emirates, Saudi Arabia, Turkey, South Africa, and the Rest of the Middle East & Africa. According to Triton's research report, the dermatology devices market in this region is expected to advance at a…

Expanding Scope of the Global Membranes Market in 2024-2032
According to Triton's research report, the global membranes market generated $XX million in 2023 and is expected to generate a CAGR of 6.74% in revenue over the forecasting years 2024-2032.
A recent study by Triton Market Research titled Global Membranes Market includes the Global Analysis and Forecasts by Material (Polymeric, Ceramic, Other Materials), Technology(Reverse Osmosis (RO), Nanofiltration (NF), Ultrafiltration (UF), Microfiltration (MF), Other Technologies), End-User (Utilities, Commercial, Industrial, Residential, Other End-Users),…

Europe Synthetic Leather Market Size & Forecast to 2030
Triton Market Research states that the Europe Synthetic Leather Market is poised for significant expansion, with an anticipated compound annual growth rate (CAGR) of 7.23% in revenue from 2023 to 2030.
Read the Market Summary Here: https://www.tritonmarketresearch.com/reports/europe-synthetic-leather-market#report-overview?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=TritonPR
This growth is driven by increasing consumer preference for cruelty-free and sustainable alternatives to genuine leather, as well as advancements in synthetic leather technology.
Countries leading this market include Spain, Italy, France, Germany, the…
More Releases for Telematics
Construction Equipment Telematics Market Is Booming Worldwide | Rosenberger Tele …
The latest study released on the Global Construction Equipment Telematics Market by AMA Research evaluates market size, trend, and forecast to 2030. The Construction Equipment Telematics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download…
Telematics Market SWOT Analysis, Business Growth Opportunities by 2032 | MiX Tel …
The latest Global Telematics Market research report 2022 provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth during the upcoming years. The Telematics market report also covers the market size, share, potential growth, and market strategy followed by prominent players. This report also includes profiles for major companies within the market. The report focuses on the Telematics Market size, segment share (product…
Drone Telematics Market 2021 Strategic Assessments - Octo Telematics, Verizon Te …
The Global Drone Telematics Market Size, Status and Forecast 2021
The Global Drone Telematics Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances…
Coronavirus Impact Assessment on Insurance Telematics Market 2020-25 Business In …
Telematics car insurance is when your insurance provider monitors your driving habits and adjusts your car insurance premiums based on how you drive. Provider will be able to track things like your driving speed, how you brake and how you handle corners.
The research report on 'Insurance Telematics market' is now available with Market Growth Insight with detailed study on crucial factors, such as drivers, hampering factors, strengths, weakness, trends,…
What's driving the Drone Telematics Market trends? Octo Telematics, Verizon Tele …
Market Research Intellect has recently published a report on the Global Drone Telematics Market, which presents a detailed market analysis and gives accurate market forecasts for the coming years. The study serves as an exhaustive database for any individual or company interested in the Drone Telematics sector, offering essential information about the industry to help readers make strategic investments. The study includes vital information about the market, which is pictorially…
Global Telematics Software Market 2019, Global Telematics Software Market Price, …
Global Telematics Software Market Growth (Status and Outlook) 2019-2024 gives detailed insight, industry knowledge, analytics, and market forecasts for 2019 to 2024 time period. The report provides market-driven results derived from feasibility studies for client needs. The report verifies qualified and verifiable aspects of Telematics Software market data operating in the real-time scenario. The research study aims to assist industry leaders to make confident capital investment decisions, develop strategic plans,…