Automotive Telematics Market Size, Status, Growth | Industry Analysis

The global Automotive Telematics Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2028. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive telematics market include Trimble Inc., Visteon Corporation, Airbiquity Inc., Aplicom Oy, Scorpion Automotive Ltd., iTriangle Infotech Pvt Ltd., Shenzhen Concox Information & Technology Co. Ltd., Minda Corporation Limited, idem telematics GmbH, Road Track, Actia Group, Lavinta Buana Sakti, Microlise Limited, BOX Telematics, Redtail Telematics Corporation, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The increasing awareness about road safety drives the market growth during the forecast period. Moreover, the growing demand for smartphone features in the car, automated driving technologies, and passenger safety features may contribute to this market’s growth. Furthermore, the global automotive telematics market is fueled because of the growing connectivity solutions trend and the increased convenience of vehicle diagnosis. Government regulations for vehicle telematics also contribute to the growth of the automotive telematics market. The high installation costs and lack of knowledge are factors that may hamper the development of this market. Besides this, an increase in the number of accidents, rising vehicle thefts, security issues while travelling and the demand for navigation services, etc., may contribute to this market’s growth.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive telematics. The growth and trends of Automotive Telematics Industry provide a holistic approach to this study.

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Market Segmentation

This section of the automotive telematics market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Vehicle Type

  • Passenger
  • Commercial

By Technology Type

  • Embedded
  • Tethered
  • Smart Phone

By Sales Channel

  • OEM
  • Aftermarket

By End User

  • Infotainment
  • Diagnosis
  • Navigation
  • Safety & Security
  • Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Automotive Telematics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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