Electric Vehicle Telematics Market to Witness Revolutionary Growth by 2027 | Fleetmatics Group, TomTom, MiX Telematics, Trimble

The latest study released on the Global Electric Vehicle Telematics Market by AMA Research evaluates market size, trend, and forecast to 2027. The Electric Vehicle 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.

Key Players in This Report Include:
Cisco systems Inc. (United States), TomTom (Netherlands), AirIQ (Canada), Verizon communications inc (United States), Fleetmatics Group (Ireland), MiX Telematics (South Africa), Trimble (United States), Actsoft (United States), KORE (United States), Masternaut (France)

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Definition:
Telematics is a communication technology for the automotive industry that flows through a wireless network to a vehicle and is based on the information generated by the vehicle. It is the fusion of wireless communications, location technology, and vehicle electronics that is driving the automotive industry into the information age. The data is generated by the vehicle unit and transferred to the back office system, or the back office system pushes data such as maps, weather forecasts, inventory updates, internet data packets, etc. to the vehicle unit. This communication is done via a mobile phone or a unit mounted on the vehicle. Vehicle communication and location mapping are done via a network of cell towers and satellite systems. Telematics is not a new feature in the automotive industry. Reactivating telematics and becoming a serious competitor in the automotive industry was the advent of smartphones followed by consumer demand for instant, always-on connections. Today, most telematics setups use smartphones to connect to vehicles and access industry content such as media, banking, and insurance. These combined reasons are driving the telematics phenomenon. OEM telematics sales are expected to grow due to a surge in demand

Trimble® BD9250, a dual-frequency OEM GNSS receiver module that supports Trimble RTX correction services was introduced by Trimble. The receiver is designed to deliver high-accuracy positioning for a range of high-volume, autonomous-ready applications used in the agriculture, construction, robotics, and logistics industries worldwide.

Market Drivers:
• Growth in EV popularity is driving the telematics market.
• Government subsidies and investments in the EV market are boosting telematics market growth.

Market Trend:
• Advanced technology is developing EVs with more range and better battery capacity.

Market Opportunities:
• Government updating rules and regulations to promote eco-friendly and low emission vehicles.
• High investments in R&D for automotive cars.

The Global Electric Vehicle Telematics Market segments and Market Data Break Down are illuminated below:
by Type (Embedded, Retrofitted, Application), Application (Safety and Security, Information, Navigation, Others), Deployment (Hardware, Software), Vehicles (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle)

Global Electric Vehicle Telematics market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• -To carefully analyze and forecast the size of the Electric Vehicle Telematics market by value and volume.
• -To estimate the market shares of major segments of the Electric Vehicle Telematics
• -To showcase the development of the Electric Vehicle Telematics market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Electric Vehicle Telematics market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Electric Vehicle Telematics
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Electric Vehicle Telematics market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Electric Vehicle Telematics Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Electric Vehicle Telematics market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Electric Vehicle Telematics Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Electric Vehicle Telematics Market Production by Region Electric Vehicle Telematics Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Electric Vehicle Telematics Market Report:
• Electric Vehicle Telematics Overview, Definition and Classification Market drivers and barriers
• Electric Vehicle Telematics Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Electric Vehicle Telematics Market
• Electric Vehicle Telematics Capacity, Production, Revenue (Value) by Region (2021-2027)
• Electric Vehicle Telematics Supply (Production), Consumption, Export, Import by Region (2021-2027)
• Electric Vehicle Telematics Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
• Electric Vehicle Telematics Manufacturers Profiles/Analysis Electric Vehicle Telematics Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
• How feasible is Electric Vehicle Telematics market for long-term investment?
• What are influencing factors driving the demand for Electric Vehicle Telematics near future?
• What is the impact analysis of various factors in the Global Electric Vehicle Telematics market growth?
• What are the recent trends in the regional market and how successful they are?

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This release was published on openPR.