Automotive Telematics Market Trends 2023 Analysis by Growth Opportunity, CAGR Status, SWOT Analysis, Forthcoming Developments, Industry Revenue, and Forecast 2031

Astute Analytica publishes a research report on the global automotive telematics market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries.

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The global automotive telematics market size is estimated to grow from US$ 50.90 billion in 2022 to US$ 251.05 billion by 2031 at a CAGR of 19.4% during the forecast period 2023-2031. On the other hand, the volume is projected to grow at a CAGR of 18.5% during the forecast period. 

It analyses the market's regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.

The report gives a thorough analysis of the global automotive telematics market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.

The leading companies mentioned are

Robert Bosch GmbH
Continental AG​
LG Electronics
Verizon
Harman International
Delphi Automotive Plc
Visteon Corporation​
Magneti Marelli S.P.A.​
Tomtom International BV
Qualcomm Technologies Inc.
Intel Corporation
Trimble Inc
AT&T
Octo Telematics
Airbiquity Inc.
Masternaut Limited
The Descartes Systems Group Inc.
Box Telematics
Act Soft
Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic's impact are included in the report.

A Request of this Fuller Report Here@ - https://www.astuteanalytica.com/industry-report/automotive-telematics-market

Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.

The segmentation overview of the global automotive telematics market includes

By Component segment:

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 Sales 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
Overall, Astute Analytica's report on the global automotive telematics market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.

Download Sample PDF Report@- https://www.astuteanalytica.com/request-sample/automotive-telematics-market

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 analyse 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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