openPR Logo
Press release

Automotive Telematics Market

03-27-2023 03:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

Automotive Telematics Market

Automotive Telematics Market

The automotive telematics market refers to the use of wireless communication technology to transmit data related to vehicles, including location, speed, diagnostic information, and other metrics. Telematics systems can be integrated into vehicles to provide drivers and fleet managers with real-time information about vehicle performance and maintenance needs, as well as to enable remote vehicle monitoring and control.

Get a Free Sample Copy of the Global Automotive Telematics Market Research Report at

The automotive telematics market comprises major manufacturers such as Robert Bosch GmbH (Germany), AT&T INC. (US), Continental AG (Germany), LG Electronics (South Korea), and Verizon (US)among others.

The global automotive telematics market has seen significant growth in recent years, driven by increasing demand for connected car technology, as well as advances in wireless communication and data analytics. The market is expected to continue growing in the coming years, as automakers and fleet operators increasingly adopt telematics technology to improve safety, efficiency, and customer experience.

The automotive telematics market is projected to reach USD 15.5 billion by 2027 from an estimated USD 8.8 billion in 2022 at a CAGR of 12.1% during the forecast period. All the car makers investing or introducing some kind of telematics services in their newly launched or upcoming vehicles for enhanced safety and comfort. Considering the activities from the supply side, the market is expected to see constant growth over the forecast period.

Direct Purchase of the Global Automotive Telematics Market Research Report at

"Passenger Car Segment is expected to remain the largest segment by vehicle type."

Passenger Car market expected to grow due to increase in demand and mandates for safety and convenience telematics services. The North America and European region are developed nations with high incomes and greated technology adoption rates which increases the demand for telematics services and connectivity solutions. Infrastructure in these regions are a major reason that attract the global OEMs to test and develop more telematics services for autonomous. Increasing demand for autonomous cars in developed countries is making the OEMs introduce advanced telematics systems and solutions which is expected to boost the market of passenger car market.

+ 1 347 333 3771 is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.

Permanent link to this press release:

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 Automotive Telematics Market here

News-ID: 2990523 • Views: 1078

More Releases from ReportsnReports

Private Jets Rental Market to Witness Huge Growth by Key Players: GlobeAir, Vist …
The Private Jets Rental research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Private Jets Rental research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force. Download FREE Sample Report
ETL Automation Testing Market 2023 | Futuristic Technology- iCEDQ, RightData, Da …
The ETL Automation Testing report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research. The ETL Automation Testing research report recognizes and
Ski APP Market 2023: Some Basic Influencing Factors Making It's Booming Industry …
The Ski APP market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Ski APP report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period. The Ski APP research report also provides insights of different regions that are
Liferaft Rental Service Market 2023 | Futuristic Technology- Survitec, Chase Lea …
The Liferaft Rental Service research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant market key players are also enlisted in order to deliver readers with in-depth analysis about industry strategies. The

All 5 Releases

More Releases for Telematics

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,
Global Commercial Vehicle Telematics Solution Market Report 2019-2023 : Trimble, …
Commercial Vehicle Telematics Solution Market 2019 Research report contains a qualified and in-depth examination of Commercial Vehicle Telematics Solution Market. At first, the report provides an overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. It also covers detailed competitive outlook including the Commercial Vehicle Telematics Solution market share and company profiles of the key participants operating in
Automotive Embedded Telematics Market | TomTom Telematics, Mix Telematics, Omnit …
Automotive Embedded Telematics Market to witness healthy CAGR during the forecast period driven by increasing integration of the telematics systems into passenger and commercial vehicles. It allows vehicles to communicate with other devices or with an individual user over a network. Furthermore, the supportive government initiatives for safety & security of the vehicles such as the European Union’s eCall Initiative and Russia’s ERA-GLONASS also augment the demand for the