Report Format: PDF
Published Date: Oct-2018 | 184 Pages | Report ID: VSR001079
Global Automotive Embedded Telematics Market Size is estimated to expand rapidly in coming years, at a CAGR of 8.25 % from 2018 to 2025. In 2017, the global market valuation was USD 20.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Automotive integrated telematics manages to send and receive data with the assistance of telecommunications systems. This system provides characteristics such as GPS tracking, security contacts & emergency system, electronic driver aid, and others. The integration of telematics systems with truck squatting is anticipated to deliver several advantages such as reduced human communication. Strict public policies regarding the installation of vehicle safety devices are expected to play a significant part in riding revenue growth. Increasing focus on product development projects and improvements to the safety rating are also contributing to the development of the market. Geographically, North America is expected to be the highest growing market in the global market of the automotive embedded telematics market.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive embedded telematics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive embedded telematics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Component Insights: On the basis of component, global automotive embedded telematics market has been segmented into hardware, service, and connectivity. Among which segment demand for services is likely to witness an increase in the coming years due to the increase in service content. Demand for navigation services is anticipated to boost as these units give real-time traffic updates and such vital information essential for enhanced drive experience.
By Solution Insights: On the basis of solution, global automotive embedded telematics market has been segmented into safety & security, information & navigation, entertainment, and remote diagnostics. The escalating frequency of road accidents highlights the serious need for efficient application of safety and security alternatives with regard to automobiles and passenger comfort.
By Application Insights: On the basis of applications, global automotive embedded telematics market has been segmented into passenger cars, commercial vehicles. Among which commercial segment is expected to be the highest growing segment in the global market of automotive embedded telematics. The development is anticipated to encourage the implementation of integrated telematics technologies for navigation and communications applications.
Regional Analysis
The automotive embedded telematics market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, North America is well-established and aggressive regional economies exhibiting the widespread implementation of automotive embedded telematics technologies. Governments have recommended the installation of sophisticated safety systems through multiple legislation.
The Asia Pacific is anticipated to see significant development due to higher spending power in developing markets such as China and India, which would in effect contributes to higher car sales. The enormous rise in sales of vehicles and automated vehicles is expected to dominate the global market. Europe is anticipated to dominate the global automotive embedded telematics market over the projected period. Technological advances such as improved graphical user interfaces and intuitive touch screens are also expected to behave as growth drivers for this industry over the forecast period.
Global Automotive Embedded Telematics Market Size, Share Analysis by Region 2017
Global Automotive Embedded Telematics Market Study Objective
1. To forecast the market size of automotive embedded telematics market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of automotive embedded telematics market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of automotive embedded telematics market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of automotive embedded telematics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the automotive embedded telematics market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Ford Motor Company, Continental AG, General Motors Company, TomTom Telematics BV, Hyundai Motor Company, Toyota Motor Corporation, MiX Telematics International Ltd., INFINITI Motor Company Ltd., BMW Group, and Verizon Connect are some of the key players in the market of automotive embedded telematics.
Global Automotive Embedded Telematics Market Study Report Offer You!
The global automotive embedded telematics market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
Save Your Time
Cost-Effective Services
Wide Range of Reports
World Class Market Research
100% Customer Satisfaction
24/7 Customer care Support
Get in touch with us quickly and easily. We are happy to help!
Feel free to contact us anytime using our contact form.
Let's Talk Online