Astute Analytica’s Automotive Telematics Market research study offers a thorough industry analysis, including important factors like industry size, market share, and main players.
The 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.
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The Automotive Telematics Market study thoroughly analyzes significant competitors in the industry. This analysis takes into account a wide range of variables, such as the rivals’ strategies, the target market, the sales unit, the cost of production, the distribution routes, and numerous growth drivers.
Additionally included are the company’s position in the industry, financial situation, size, market share, and product line.
List of Key Players
- Robert Bosch GmbH
- Continental AG
- LG Electronics
- Verizon
- Harman International
- Delphi Automotive Plc
- Visteon Corporation
- Magneti Marelli S.P.A.
- Tomtom International BV
- Qualcomm Technologies Inc.
- Intel Corporation
- Other Prominent Players
The analysis contains estimates, benchmarking, business shares, and current market trends. A competitive analysis and a thorough assessment of sustainability initiatives and their effects on market growth and competitiveness are also included in the report. Data triangulation was employed to assess the market from several perspectives. In order to make sure that our market estimates are as precise and trustworthy as possible, we employ a thorough, iterative research methodology.
The research presents how COVID-19 has affected various regional areas and provides information on market segmentation by Component segment, Application, Vehicle Type, Connectivity, Sales Channel, and Region. This study is an excellent tool for learning more about the Market. This research offers insightful information about the market’s current state and prospects until 2033.
Segmentation Outline
By Component segment:
- Hardware
- Self-contained Telematics Units (TCU)
- GPS Devices
- Software Platform
- Services
- Consulting
- Implementation
- Maintenance
- Telematics as a Service
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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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