Telematics can create intelligent traffic management that will offer various services such as real-time positioning, live traffic updates, stolen vehicle recovery, parking management, electronic till systems, and vehicle diagnostics, which will improve road safety. Telematics potentially helps usage-based insurance (UBI) business model by benefitting consumers and insurers by providing better risk assessment and over-the-top incentives. Telematics can measure a wide range of factors such as Global Positioning System (GPS), total miles driven, hard braking, airbag deployment, rapid acceleration, hard cornering, and time of day for underwriters to analyze and set premium accordingly.
The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
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The Global Automotive Telematics Market research study published by Emergen Research is an extensive collection of insightful information about the Automotive Telematics industry. The report covers the Automotive Telematics Market segmentation along with a detailed outline of the Automotive Telematics market size with regards to volume and valuation. The report provides comprehensive coverage of the Automotive Telematics market scenario for the current period and forecast timeline of 2020-2027. The Automotive Telematics market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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The key companies studied in the report are:
Trimble Inc., AirIQ Inc., Actsoft, Verizon, Airbiquity Inc., Ctrack, Masternaut Limited, Mix Telematics, TomTom International BV., and I.D. Systems Inc.
Emergen Research has segmented global automotive telematics market on the basis of vehicle type, sales-channel, connectivity solutions, application, and region:
Vehicle Type Outlook (Revenue, USD Million; 2019–2030)
Commercial Vehicles
Passenger Cars
Two-Wheelers
Sales-channel Outlook (Revenue, USD Million; 2019–2030)
Aftermarket
OEM
Connectivity Solutions Outlook (Revenue, USD Million; 2019–2030)
Embedded
Tethered
Smart Phone
Applications Outlook (Revenue, USD Million; 2019–2030)
Infotainment system
Insurance Telematics
Navigation & Location Based System
Asset / Fleet Management
Safety & Security
V2X
Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
The report addresses the following key points:
The report estimates the expected market size from 2020-2027
The report provides a forecast of market drivers, restraints, and future opportunities for the Automotive Telematics market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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