Press release
Telematics In Automotive Market: New Study Offers Insights for 2015 – 2022
Market Scenario
Telematics is the process of connecting telecommunications, road transportation and vehicular technologies with multimedia and internet. Telematics in automotive is the use of telecommunication for supply in vehicles and is also used widely in automotive navigation systems.
The growth of Telematics In Automotive Market is expected to be driven by the rapidly increasing electrification in automobiles. Government initiatives aimed at encouraging huge investments for implementing intelligent transportation systems and enabling smart traffic management to deal with the ever increasing vehicular traffic on roads are further boosting the global telematics in automotive market. The growth of the market is further expected to boost with the undertaking of smart city initiatives in many developing nations. The growth of the market is also supported by the increase in the number of connected vehicles and the cost pressures faced by the logistics industry.
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Regional Analysis of Telematics in automotive market
Asia pacific region is projected to grow the fastest in telematics in automotive market, owing to factors such as growing investments in transportation infrastructure and enabling of IT systems for automobiles in developing nations such as India and China. The strong growth in the trade & logistics and the exploding e-commerce market in the region are also contributing to the growth of the market. North America and Europe are expected to grow in the telematics in automotive market with increased developments in connectivity technologies such as cellular networks and satellite communications among others.
Key Players
The key players of Telematics in automotive market are Digicore Technology Pvt. Ltd. (India), ID Systems Inc.(U.S.), FleetMatics Irl Limited (U.S.), Teletrac Inc. (U.S.), AutoTrac (Netherlands), Omnitracs LLC (U.S.), Masternaut Limited (U.K.), TomTom Telematics (Netherlands), Telogis Co(California). CalAmp (U.S.)- and others.
Intended Audience
• Automotive telematics manufacturers
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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The report for Global Telematics In Automotive Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
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