Automotive Telematics Market Positive Outlook, Opportunities and Industry Expansion By 2028

This Automotive Telematics market research report includes important data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour, all of which are of the utmost importance when it comes to achieving success in a competitive marketplace like this one. As a result, this research covers a wide range of topics related to the Automotive Telematics business. The CAGR value variation that is expected to occur over the course of the forecast period is presented in this market study. In the process of doing the market research study that goes into the creation of this particular Automotive Telematics market report, the tried-and-true, industry-standard, and fool proof method known as SWOT analysis was utilized.

During the process of putting together this Automotive Telematics market research study, the goals of the marketing research have been kept in mind. Utilizing this market research study will be the most efficient and effective technique for you to gain insightful knowledge about the market. A market segmentation research is performed with regard to the markets that are covered, the geographic scope of the study, the years that are considered for the study, the pricing, and the currency. This report presents the findings of an in-depth market study that was carried out specifically for the purpose of shedding light on the opportunities, challenges, market structures, and driving forces that are relevant to your company as well as the extent of the competitive landscape. In order to achieve an acute awareness of emerging industry movements ahead of the competition, the Automotive Telematics report is of great assistance.

The automotive telematics market is expected to witness market growth at a rate of 19.76% in the forecast period of 2021 to 2028 and is expected to reach USD 107.85 billion by 2028. Data Bridge Market Research report on automotive telematics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The increase in need for developing an intelligent transportation system is escalating the growth of automotive telematics market.

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How Data Bridge Market Research Assists in Making Strategic Moves for Automotive Telematics Market Players?

The data provided in the Automotive Telematics market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

Major Companies Operating at both regional and global levels:

Verizon, Magneti Marelli S.p.A., Intel Corporation, MiX Telematics, Robert Bosch GmbH, HARMAN International, TomTom International BV, Masternaut Limited, I.D. Systems, Teletrac Navman US Ltd, Trimble Inc., Omnitracs, Continental AG, Bridgestone Corporation, Delphi Technologies, Qualcomm Technologies, Inc., LG Electronics and Visteon Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market's growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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Industry Drivers:

Automotive telematics refers to a type of integration technology which assists in incorporating communication technologies with the vehicle and the devices installed in the vehicles in order to achieve proper safety and management solutions. These platform need exchange of information between the devices and different components present in the vehicles with the receiver via communication technology. This technology helps users in identifying the status of the vehicle, take control of the infotainment, multimedia devices connected with the vehicles and its location. 

The emergence of integrated telematics coupled with policies for driver safety, the increasing need for risk management and the rising importance of smartphones are the major factors driving the automotive telematics market. The availability of mobility integrators because of the integrated transportation network of shared and private cars as well as other modes of transportation, the development of systems including vehicular emergency warning systems, driving assistance systems, automatic driving systems, global positioning system (GPS) navigation and wireless safety communications and the demand for into intelligent transportation systems (ITS) and wireless access for vehicular environment (WAVE) accelerate the automotive telematics market growth.

Market Segmentation of Automotive Telematics Market:

On the basis of on-highway vehicle services, the automotive telematics market is segmented into ACN, emergency calling, navigation and infotainment, on-road assistance, remote diagnostics and vehicle tracking/recovery.
On the basis of on-highway vehicle form factor, the automotive telematics market is segmented into embedded telematics solutions, integrated telematics solutions and tethered telematics solutions.
On the basis of off-highway vehicle services, the automotive telematics market is segmented into fuel management, location/usage tracking, maintenance and repair, navigation, diagnostics and other services.
On the basis of off-highway vehicles technology, the automotive telematics market is segmented into cellular technology and satellite technology.
On the basis of hardware, the automotive telematics market is segmented into infotainment display unit and telematics solutions control unit.
On the basis of vehicle, the automotive telematics market is segmented into passenger car and commercial vehicles.

Global Automotive Telematics Market: Regional Analysis

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [North Africa, South Africa, Rest of Middle East and Africa]

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