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Global Automotive Telematics Market


Growing awareness and numerous benefits of telematics, advancement in
smartphones, high speed internet connectivity, and developed GPS receiver have
changed the telematics business rapidly. Moreover, rising awareness about driver’s
safety and growing influence of safety regulations imposed by various government
organizations in the European Union, Russia, and Brazil have made telematics an
essential component for vehicles. The market is estimated to witness a growth at
a CAGR of 21.1% over the period of 2016 to 2022. The report is a compilation of
various segmentations including market breakdown by connectivity type, services,
vehicle type, distribution channel, and different geographical areas.

The report details the market analysis and forecast with respect to its various
connectivity types such as embedded, tethered, and integrated. While highlighting the
key driving and restraining forces for this market, the report also provides a detailed
study of the different vehicles that are analyzed which includes passenger cars and
commercial vehicles. Segmentation of vehicle type, by the distribution channel (OEM
and Aftermarket) is also included in the report. It also details the leading players
involved in the industry.

Various services such as information & navigation, safety & security, entertainment,
and remote diagnostics have been analyzed and their market numbers are projected
in the report. The report also highlights the evolution of telematics with major focus
on the pricing analysis.

The company profiles section includes highlights of significant information about
the key companies involved along with their financial positions, key strategies &
developmental activities of recent years. Some of the key players are Robert Bosch
GmbH, Continental AG, AT&T Inc., Verizon Communications Inc, TomTom NV, Mix
Telematics Ltd, Octo Telematics SpA, Delphi Automotive PLC.

North America generated the maximum revenue in the year 2015 and APAC is
expected to grow at the fastest rate in the forecast period. The industry is expected
to cross $55 billion in total market value by the end of the forecast period.

 The report answers the following questions about the global automotive telematics
market:

• What the global automotive telematics market size is in terms of revenue and
volume from 2015-2022?
• What is the dominant type of connectivity and service used in automotive
telematics?
• What is the revenue generated by the different connectivity systems, services,
vehicle type, and distribution channel of automotive telematics?
• What are the different factors driving the market in the forecast period?
• What are the major factors challenging the growth of global automotive telematics
market?
• What kind of new strategies are being adopted by existing market players to make
a mark in the industry?
• Which region will lead to the global automotive telematics market by the end of

the forecast period?

Source: BIS Research

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