Press release
APAC Automotive Telematics Market to Reach USD 3,147 Mn by 2026, emerging at a CAGR of 10.7 percent and forecast 2026
APAC Automotive Telematics Market
The APAC Automotive Telematics Market report explores the dynamic landscape of automotive telematics in the Asia-Pacific region. It delves into the market's comprehensive scope, research methodology, drivers, restraints, and regional insights.
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APAC Automotive Telematics Market Research Methodology:
The automotive industry has undergone a digital transformation, with computer-based control systems driving advancements such as in-vehicle digital systems and sensor-based intelligent vehicle functions. This technological progress is expected to propel the Asia-Pacific automotive telematics market forward. Furthermore, the penetration of 3G communication technologies and the advent of 4G LTE networks are poised to enhance the capabilities of automotive telematics equipment.
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What are APAC Automotive Telematics Market Dynamics:
The automotive industry observed a radical transformation over the last two decades as an effect of digitization through computer-based control systems. Progressive technologies like in-vehicle digital systems & sensor-based intelligent vehicle functions are estimated to drive the Asia-Pacific automotive telematics market. Improved penetration of 3G communication technologies & the introduction of 4G LTE networks are anticipated to boost automotive telematics equipment.
APAC Automotive Telematics Market Regional Insights:
Recent reports suggest that the Insurance Regulatory & Development Authority of India (IRDAI) supports the implementation of telematics car insurance. With the country's leading insurance body advocating for such policies, major vehicle insurance companies are likely to introduce them in the future. While some insurers have already initiated such policies, widespread adoption may take time due to challenges associated with the deployment of tracking and telematics devices in vehicles.
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What is APAC Automotive Telematics Market Segmentation:
Internet penetration has improved globally, along with the bigger adoption of advanced wireless technology. Improved wireless technologies like 3G, 4G, and 5G & LTE are estimated to be used extensively in future. In most zones of the world, there is continuous improvement in the road & carrier infrastructure in telecom. Main countries in APAC region like India, Singapore, Japan, Australia, New Zealand, & China are taking the initiative to change their road & telecom infrastructure. The outcome is likely to result in the increase in demand for automotive telematics in the APAC region.
Who are APAC Automotive Telematics Market Key Players:
• Agero
• Airbiquity
• Continental
• Verizon Telematics
• Visteon
• Bynx
• Connexis
• Ericsson
• Fleetmatics
• Luxoft
• Magneti Marelli
• WirelessCar AB
• NTT Docomo.
• AT&T Inc.
• Ford Motor Company
• BMW AG
• Robert Bosch GmbH
• Valeo S.A
• Harman International Industries, Incorporated
• Vodafone Group Plc
• TELEFÓNICA, S.A.
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Table of content for the APAC Automotive Telematics Market includes:
1. APAC Automotive Telematics Market: Research Methodology
1. APAC Automotive Telematics Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.APAC Automotive Telematics Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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