Press release
Automotive Telematics Market 2022 Engagement Model Low Best Cost Country Day One Analysis Report to 2027
Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.
The Global Automotive Telematics Market size will grow from US$ 42,620.2 million in 2021 to US$ 1,23,487.5 million by 2027, registering a tremendous compound annual growth rate (CAGR) of 19.4% during the forecast period 2022 to 2027.
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Regional Analysis:
The report highlights key factors such as R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of key industry participants from a regional and global perspective. The report covers the regions of North America, Asia Pacific, Europe, Middle East & Africa, and South America. Additionally, the report offers country-level estimates for 25+ countries, including the US, Germany, UK, Japan, China, India, the UAE, South Korea, South Africa, and the Middle East. The regional analysis presents information at the regional and country-level about the market, including the market dynamics based on the segments covered in the report.
COVID-19 Impact:
The impact of the COVID-19 pandemic outbreak appeared to slow global revenue growth. It is evident that life, businesses, and economies have transformed in the past year-a process reflected in revenue increases and decreases. A disruption in production and a slowing demand was evident as workers went home, travel restrictions took place, and delay in raw materials supply. The effects of the pandemic on supply have been most visible. During the early days of the pandemic, companies in the worst-hit countries or companies dependent on supply chains in those countries suffered severely.
Major Key Players in Global Automotive Telematics Market are:
Robert Bosch GmbH
Continental AG
Verizon
Visteon Corporation
Qualcomm Technologies Inc.
Octo Telematics
LG Electronics
Harman International
Segmental Analysis:
The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Automotive Telematics Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.
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Segmentation Overview
By Component
Hardware
Self-contained Telematics Units (TCU)
GPS Devices
Software Platform
Services
Consulting
Implementation
Maintenance
Telematics as a Service
By Application
Automatic Crash Notification
Billing Services
Driver Behavior
Emergency Calling
Insurance Risk Assessment
Navigation
On-Road Assistance
Remote Diagnostics
Vehicle Tracking/Recovery (Fleet Management)
Others
By Vehicle Type
Light Commercial Vehicles
Passenger Car
Electric Vehicles
ICE Vehicles
Heavy Vehicles
Two-Wheeler
Others
By Connectivity
Satellite
Cellular
By Channel
Aftermarket
OEMs
By Region
North America
The U.S.
Canada
Mexico
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Singapore
Malaysia
Indonesia
Vietnam
Thailand
Myanmar
Rest of ASEAN
Rest of APAC
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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