openPR Logo
Press release

Automotive OEM Telematics Market in China, India, Southeast Asia | Projected to Acquire $38,723.4 Million by 2026, Growing Almost 27.1% CAGR

11-13-2024 04:31 AM CET | IT, New Media & Software

Press release from: Allied Market Research

China, India and Southeast Asia Automotive OEM Telematics Market

China, India and Southeast Asia Automotive OEM Telematics Market

According to a recent report published by Allied Market Research, China, India and Southeast Asia automotive OEM telematics market was valued at $5,207.3 million in 2018, and is projected to reach $38,723.4 million by 2026, registering a CAGR of 27.1% from 2019 to 2026.

Factors such as government regulations and the growing trend of connectivity solutions are fueling the growth of the automotive OEM telematics market in China, India, and Southeast Asia. Additionally, the ease of vehicle diagnostics is expected to further drive market expansion. However, concerns around data hacking and high installation costs are hindering growth. On the positive side, advancements in smart transportation systems and enhancements in autonomous vehicle performance present significant growth opportunities for players in the automotive OEM telematics industry across these regions.

Download Sample Report (Get Full Insights in PDF - 143 Pages) at: https://www.alliedmarketresearch.com/request-sample/4528

At present, China dominated China, India and Southeast Asia automotive OEM telematics market in 2017, whereas Southeast Asia is expected to grow at a significant rate in China, India and Southeast Asia automotive OEM telematics market forecast.

The key players analyzed in this report include AT&T Inc., Bayerische Motoren Werke Aktiengesellschaft (BMW), Ford Motor Company (Ford), HARMAN International, MiX Telematics, Telefónica S.A., TomTom International BV., Trimble Inc., Verizon, Vodafone Group, and others, which holds the major contribution in China, India and Southeast Asia automotive OEM telematics market share.

Automotive OEM services are increasingly prioritizing customer relationships by enhancing user experiences and ensuring new models meet regulatory standards. The growing partnerships between automotive manufacturers and mobile network providers are also creating promising opportunities for the telematics market, aiming to deliver seamless telematics services to customers.

Automotive manufacturers are required to comply with regional safety regulations, such as the eCall system mandated in European vehicles, which automatically contacts emergency services and provides location information during accidents. The European automotive industry collaborates closely with connectivity device manufacturers and telecom providers to deliver industry-standard connectivity solutions.

Access the full summary at: https://www.alliedmarketresearch.com/china-india-and-southeast-asia-automotive-oem-telematics-market

Ford Motors and BMW are leading players in the automotive OEM infotainment market, while Harman holds a strong position as a Tier-1 supplier in OEM telematics services. In China, India, and Southeast Asia, automotive telematics leaders such as Ford, Toyota, and BMW have established their presence with reliable hardware, open platforms, and quality innovations across services and regional markets.

Automakers are also focusing on faster communication tools for processing large telematics data, which is expected to drive the OEM telematics market in China, India, and Southeast Asia. As global demand for automobiles grows, largely due to enhanced manufacturing in emerging markets like China and India, the automotive sector is expected to see improved productivity and profitability, particularly in segments like premium and four-wheel vehicles. This trend is motivating major industry players to expand across different segments.

Rising disposable income and increased sales of passenger vehicles worldwide are fueling automotive demand, especially in developing countries like India and China. With consumers increasingly seeking affordable, low-maintenance, technologically advanced vehicles, demand for advanced telematics is on the rise.

Telematics systems exemplify advanced asset and operations management technology, combining telecommunications and automotive technology to improve vehicle efficiency, safety, fuel economy, and driver experience. Features like real-time alerts for traffic and parking availability contribute to intelligent transportation systems that enhance the driving experience. Furthermore, AI and machine learning enable autonomous dispatching, routing, and predictive insights into vehicle health and driver habits, all of which support the growth of the OEM telematics market across China, India, and Southeast Asia.

Buy Now & Get Up to 50% off on This Report: https://www.alliedmarketresearch.com/china-india-and-southeast-asia-automotive-oem-telematics-market/purchase-options

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.

Permanent link to this press release:

Copy
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 OEM Telematics Market in China, India, Southeast Asia | Projected to Acquire $38,723.4 Million by 2026, Growing Almost 27.1% CAGR here

News-ID: 3731848 • Views:

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collect
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in

All 5 Releases


More Releases for China

China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry. https://boomingfaucet.com/ China Fund Establishment Consultation E-mail:nolan@pandacuads.com Investing in China can be a complex and challenging process, and
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati …
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research. http://pandacuads.com/ China Investment Corporation Email:nolan@pandacuads.com Some of the main services provided by investment banks include: Underwriting: Investment banks
China Investment Bank, China Investment Consultant, China Investment Corporation …
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support. http://pandacuads.com/ Investment banking consultant Email:nolan@pandacuads.com Cross-border investment in China can be a complex and challenging process, as the country has a unique
china construction company,china engineering company,china major bridge engineer …
List of Top 500 Chinese Construction Enterprises ranking https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Company Name province 1 China State Construction Corporation Limited Beijing 2 China Railway Corporation Limited Beijing 3 China Railway Construction Corporation Limited Beijing 4 Shanghai Weimengsi Construction Engineering Co., Ltd. Shanghai 5 China Communications Construction Group Co., Ltd. Beijing 6 China Power Construction Corporation Limited Beijing 7 China Energy Construction Group Co., Ltd. Beijing 8 Shanghai Construction Engineering Group Co., Ltd. Shanghai 9 Jiangsu Zhongnan Construction Industry Group Co., Ltd. Jiangsu 10 China Gezhouba Group Co., Ltd. Hubei 11 China National Chemical Engineering Co., Ltd. Beijing 12 Sinoma Group Co., Ltd. Beijing 13 Guangxi Construction Engineering Group Co., Ltd. Guangxi 14 Shanghai Urban
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis