U.S (New York) – We are thrilled to announce the latest release of our comprehensive market research report titled “Southeast Asia Automotive OEM Telematics Market” by Report Ocean, a prominent industry insights provider. This report provides a wealth of valuable insights and analysis on the current trends, growth prospects, competitive landscape, and strategic recommendations within the [specific industry/market]. It serves as an indispensable resource for gaining in-depth knowledge of the industry and making well-informed decisions.
Automotive telematics is a communication technology designed for the automobile industry and is based on the data transmitted and generated from automobiles through wireless networks. It is the amalgamation of location technology, in-vehicle electronics, and wireless communications, leading the automobile industry into hi-tech transformation. Data is either produced in the vehicle and gets transmitted back to the base station/backend office systems or the backend office pushes data, such as weather forecasts, stock updates, and maps, to the vehicle-installed telematics device.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on industries. resulting in a large market for Southeast Asia Automotive OEM Telematics Market.
This transmission of data takes place either via the unit fitted in the vehicle itself or through the cell phone. The exchange of data and location tracking for the automobile takes place through a network of satellite systems and cellular towers.
The flourishing transport & logistics sector in Southeast Asian countries and increasing use of cloud-based technology for automotive telematics solution are expected to drive the automotive OEM telematics market growth over the forecast period. However, high costs associated with automotive telematics and the threat of vehicle hacking are anticipated to hamper the growth of the market during the forecast period. Moreover, smart transportation system and rising demand for connected vehicles are expected to offer lucrative opportunities for the market in future.
The Southeast Asia automotive OEM telematics market is segmented into solution, channel, vehicle type, and country. Based on solution, it is further divided into telematics insurance, fleet/vehicle management, telematics maintenance, location information services, infotainment, in car marketing, smart contracts, and others. Based on channel, the market is bifurcated into OEM and direct sales. The direct sales segment is further categorized into logistics, public transport, ride hailing/taxi, and others. Depending on vehicle type, it is fragmented into HCV, MCV, LCV/vans, bus, taxis or ride hailing, and others. Country-wise, the market is analyzed across the Philippines, Vietnam, Thailand, and Indonesia.
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KEY BENEFITS FOR STAKEHOLDERS
– This study presents the analytical depiction of the Southeast Asia automotive OEM telematics market analysis along with the current trends and future estimations to depict imminent investment pockets.
– The overall Southeast Asia automotive OEM telematics market opportunity is determined by understanding profitable trends to gain a stronger foothold.
– The report presents information related to the key drivers, restraints, and opportunities of the Southeast Asia automotive OEM telematics market with a detailed impact analysis.
– The current Southeast Asia automotive OEM telematics market is quantitatively analyzed from 2020 to 2025 to benchmark the financial competency.
– Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY PLAYERS
o AT&T Inc.
o Robert Bosch GmbH
o Continental AG
o Harman International
o LG Electronics Inc.
o Texas Instruments Incorporated
o UD Trucks Corp.
o Valeo
o Verizon Communications Inc.
o Webfleet Solutions B.V.
KEY MARKET SEGMENTS
By Solution
o Telematics Insurance
o Fleet/Vehicle Management
o Telematics Maintenance
o Location Information Services
o Infotainment
o In Car Marketing
o Smart Contracts
o Others
By Channel
o OEM
o Direct Sales
? Logistics
? Public Transport
? Ride Hailing/Taxi
? Others
By Vehicle Type
o HCV
o MCV
o LCV/Vans
o Bus
o Taxis or Ride Hailing
o Others
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By Country
o Philippines
o Vietnam
o Thailand
o Indonesia
Features of the Market Report:
- Comprehensive industry data presented in a user-friendly and easily comprehensible format.
- Detailed market segmentation, providing key insights into each sub-segment of the industry.
- Thorough analysis of profiles of major market players, including their strategies and approaches.
- Precise examination of regional and country-specific sales opportunities in the market.
- In-depth analysis of current and emerging market trends, offering valuable intelligence.
- Identification of industry drivers and restraints that can impact different segments and regions.
- Clear understanding of expansion strategies, new product launches, and potential acquisitions by companies.
- A well-structured report combining insightful literature with graphical representations of relevant market variables
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