Astute Analytica’s recently published report on the global Automotive Telematics Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
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The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
Global automotive telematics market size is estimated to grow from US$ 50.90 billion in 2022 to US$ 251.05 billion by 2031 at a CAGR of 19.4% during the forecast period 2023-2031. On the other hand, the volume is projected to grow at a CAGR of 18.5% during the forecast period.
The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market. The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
- Robert Bosch GmbH
- Continental AG
- LG Electronics
- Verizon
- Harman International
- Delphi Automotive Plc
- Visteon Corporation
- Magneti Marelli S.P.A.
- Tomtom International BV
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We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
Segmentation Overview
By Component segment:
- Hardware
- Self-contained Telematics Units (TCU)
- GPS Devices
- Software Platform
- Services
- Consulting
- Implementation
- Maintenance
- Telematics as a Service
By Application:
- Automatic Crash Notification
- Billing Services
- Driver Behavior
- Emergency Calling
- Insurance Risk Assessment
- Navigation
- On-Road Assistance
- Remote Diagnostics
- Vehicle Tracking/Recovery (Fleet Management)
- Others
By Vehicle Type:
- Light Commercial Vehicles
- Passenger Car
- Electric Vehicles
- ICE Vehicles
- Heavy Vehicles
- Two-Wheeler
- Others
By Connectivity:
- Satellite
- Cellular
By Sales Channel:
- Aftermarket
- OEMs
By Region:
- North America
- The U.S.
- Canada
- Mexico
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Singapore
- Malaysia
- Indonesia
- Vietnam
- Thailand
- Myanmar
- Rest of ASEAN
- Rest of APAC
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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