According to a new market research report launched by Inkwood Research, the Global Automotive Telematics Market is rising at a CAGR of 21.36% between 2021 and 2028 and is projected to generate $360.07 billion by 2028
Browse 77 market data Tables and 48 Figures spread over 223 Pages, along with in-depth analysis on Global Automotive Telematics Market byChannel Type, Vehicle Type, Connectivity, Application & by Geography
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 the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Automotive Telematics Market Scenario
Telematics deals with monitoring a vehicle in a live environment. It is one of the highest emerging sectors across the globe. The segment is undergoing a paradigm shift, especially attributed to the rising number of thefts and accidents in the automobile industry. The automotive telematics market is expected to grow at a significant rate during the forecast period. Factors supplementing the market include the rising benefits from data analysis for better vehicle performance and increased adoption of connected cars services. The market has also witnessed expansion in applications like navigation & location-based systems, fleet/asset management, infotainment systems, safety & security, insurance telematics, and others. However, the lack of proper connectivity and concerns over cyber security has created hindrances in the market growth globally.
The Global Automotive Telematics Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Channel Type
- Aftermarket
- OEM
Market by Vehicle Type
- Commercial Vehicles
- Two-Wheeler
- Passenger Cars
Market by Connectivity
- Embedded
- Tethered
- Integrated Smartphone
Market by Application
- Navigation & Location-Based System
- Fleet/Asset Management
- Infotainment System
- Safety & Security
- Insurance Telematics
- 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 2028, 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 2028
Companies Profiled
- TELETRAC NAVMAN US LTD
- OMNITRACS LLC
- MASTERNAUT LIMITED
- TOMTOM INTERNATIONAL BV
- MIX TELEMATICS
- ROBERT BOSCH GMBH
- AIRBIQUITY INC
- AT&T INC
- TRIMBLE INC
- HARMAN INTERNATIONAL INDUSTRIES INC
- VERIZON COMMUNICATIONS INC
- VISTEON CORPORATION
- CONTINENTAL AG
- QUALCOMM TECHNOLOGIES INC
- INTEL CORPORATION
Related Reports
GLOBAL COMMERCIAL VEHICLE TELEMATICS MARKET - Global commercial vehicle telematics market is expected to grow with a 17.51% CAGR between 2018 and 2026.
GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS) MARKET - Global advanced driver assistance system (ADAS) market is growing at a CAGR of 14.68% during the forecast period.
GLOBAL SMART FLEET MANAGEMENT MARKET - Global smart fleet management market is estimated to rise at a CAGR of 6.47% during the estimated period
Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
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Country: United States
Website: https://www.inkwoodresearch.com/
