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The Growing Adoption of Navigation and Logistics Tools for Vehicle Management Is Driving the Global Automotive Telematics Market

12-13-2023 01:25 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

AUTOMOTIVE TELEMATICS MARKET

AUTOMOTIVE TELEMATICS MARKET

As per one of the recent reports, Inkwood Research expects the Global Automotive Telematics Market to increase with a 13.41% CAGR during the assessment period 2023-2032.

Browse 57 market data Tables and 49 Figures spread over 224 Pages, along with an in-depth analysis of the Global Automotive Telematics Market by End-User, Vehicle, Type, Application, & by Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/automotive-telematics-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

The China automotive telematics market is projected to record a 17.27% CAGR by 2030, anticipated to be valued at $82026.36 million during the forecast period, 2023-2030.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/china-automotive-telematics-market/

Global Automotive Telematics Market Scenario

Vehicle data and video footage may now be collected and shared with much greater capability, dependability, and affordability thanks to recent technological breakthroughs. For efficient driver and vehicle management solutions, real-time, objective information is provided by GPS location and sophisticated onboard technologies. Though they make up a minor portion of telematics systems, navigation and logistics technologies provide important information for risk assessment and driver safety performance evaluation.

There are fewer losses and accidents for fleet operators who use data and technology to uncover unsafe driving practices. Fleet management can encourage safer driving habits by giving drivers positive feedback and audible alarms by using telematics data. Additionally, fleet managers can minimize vehicle downtime and maintenance difficulties by swiftly addressing telematics systems' detection of inefficient driving practices that result in needless wear and tear. Asset usefulness is extended and costs are reduced through proactive maintenance and repairs made possible by telematics.

The Global Automotive Telematics Market report provides data tables and includes charts and graphs for visual analysis.

Request a Free Sample Report for Global Automotive Telematics Market by End-User, Vehicle, Type, Application, & by Geography:

Market Segmentation

Market by End-User
• Original Equipment Manufacturers (OEM)
• Aftermarket

Market by Vehicle
• Passenger Cars
• Commercial Vehicles
• Two-Wheeler

Market by Type
• Embedded
• Integrated Smartphones
• Tethered

Market by Application
• Fleet/Asset Management
• Navigation & Location-Based System
• Infotainment System
• Insurance Telematics
• Safety & Security
• Other Applications

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032

Companies Profiled
• CONTINENTAL AG
• SAMSARA INC
• MIX TELEMATICS
• GEOTAB INC
• TRIMBLE INC
• TOM TOM NV
• SOLERA INC
• HARMAN INTERNATIONAL
• AT&T INC
• ROBERT BOSCH GMBH
• INSEEGO CORP
• VERIZON COMMUNICATIONS INC
• TELETRAC NAVMAN US LTD
• AIRBIQUITY INC

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Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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