Automotive Telematics Market Industry Compound Annual Growth Rate of 26.4% | Market Trend - Adoption of technology in the automobile sector
Automotive
Telematics Market Industry Compound Annual Growth Rate of 26.4% | Market Trend
- Adoption of technology in the automobile sector
The Global Automotive Telematics Market is projected to reach USD 415.93 billion
by 2027, according to a recent report by Emergen Research. The stringent rules
set by the government in association with property identification coupled with
increased usage of cloud-based technology is likely to drive the expansion of
the global automotive telematics market.
Fleet management services
occupies a significant part of the market share when it comes to areas of
applications. Adoption of telematics services and technology and advanced
technologies in vehicles to reinforce safety are anticipated to propel the
automotive telematics market.
The crucial information
covered by the report offers the readers and businesses a way to capitalize on
the current market scenario and enables a strategic business decision-making
process for improved profitability. Some of the key players of the market
analyzed in the report to offer a better understanding of the competitive
landscape are Trimble Inc., Omnitracs,
Verizon, I.D.Systems Inc., Masternaut Limited, Airbiquity Inc., TomTom
Telematics B.V, Harman International Industries, Inc., MiX Telematics, Teletrac
Navman, and Cartrack.
Get
access to the full description of the report: https://www.emergenresearch.com/request-sample/105
The Global Automotive
Telematics Market Research Report 2019 offers an extensive evaluation of the
industry to present the readers with insightful data to help them gain a
competitive edge over other players by capitalizing on the lucrative growth
opportunities and understanding the critical elements of the market. The report
offers a critical overview of the market segment with regards to the market
size, market share, market volume, price analysis, global reach, and financial
standing. The statistical analysis performed for this report indicates the
market is expected to grow at a steady pace throughout the forecast timeline.
The Global Automotive
Telematics Market report is furnished with key market statistics organized in
the form of charts, graphs, tables, diagrams, figures, and other pictorial
representations. The report offers an exhaustive analysis of the key market
aspects like market size, volume, share, current and emerging trends,
production and consumption rate, and other key elements that offer an idea
about the prospective expansion of the Automotive Telematics industry.
·
Vehicle
Type Outlook (Revenue, USD Billion; 2017-2027)
o Passenger Vehicle
o Commercial Vehicle
o Two-Wheeler
·
Applications
Outlook (Revenue, USD Billion; 2017-2027)
o Asset/Fleet Management
o Navigation and Location Based System
o Infotainment System
o Insurance Telematics
o Safety and Security
o V2X
·
Connectivity
Solutions Outlook (Revenue, USD Billion; 2017-2027)
·
o Embedded
o Integrated Smartphones
o Tethered
·
Applications
Outlook (Revenue, USD Billion; 2017-2027)
·
o Park Assist System
o Lane Departure Warning System
o Adaptive Cruise Control System
o Autonomous Emergency Braking System
o Blind Spot Detection
o Others
To
get a discount on the Global Automotive Telematics Market report, visit: https://www.emergenresearch.com/request-discount/105
Automotive
Telematics Market Region:
The report mainly focuses
on the key market regions where the market is spread, including North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa. The report further focuses on the
key segments of the market, such as product types, application spectrum,
technology, end-user industries, among others.
Major
Geographies Analyzed in the Report:
•
North
America (U.S., Canada)
•
Europe (U.K., Italy, Germany, France, Rest of EU)
•
Asia
Pacific (India, Japan,
China, South Korea, Australia, Rest of APAC)
•
Latin
America (Chile, Brazil,
Argentina, Rest of Latin America)
The
report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Inquire
To Know Additional List of Market Players Included, Request Here: https://www.emergenresearch.com/purchase-enquiry/105
Significant
Features of the Automotive Telematics Market Report:
·
Extensive competitive landscape analysis
to offer the readers key insights into driving and restraining factors along
with strategies adopted by the key players
·
Assessment of the existing and emerging
trends of the business sphere
·
Detailed analysis of the emerging growth
opportunities and threats and limitations the players might face in the coming
years
·
Significant breakdown of the market to
assess the factors that might influence the global market growth
·
An 8-year forecast for better
understanding of the workings and growth opportunities of the market
Read
more: https://www.emergenresearch.com/industry-report/automotive-telematics-market
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