Automotive and Transportation Vehicle Telematics Market | Page 3
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To identify the key trends in the industry, click on the link
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Further key findings from the report suggest
By service type, safety & security held the largest market share in 2018 and is expected to
witness a CAGR of 18.1% in the forecast period. These are the primary services provided by
means of telematics as well as the main driving factor responsible for the conceptualization of
vehicular telematics.
Embedded vehicle telematics is projected to grow at the fastest rate in the forecast period.
Passenger vehicle segment contributed to the largest market share in 2018 and is expected to
grow at a rate of 17.9% in the forecast period.
Hardware dominated the vehicle telematics market in 2018 and is projected to maintain its
market dominance in the forecast period.
The market in the North America region is forecasted to lead the market during the forecast
period.
Key participants include AirIQ Inc., OnStar Corporation LLC., ETAS Group, Agero Inc., WebTech
Wireless Inc., Qualcomm Inc., DigiCore Holdings Ltd., Wireless Matrix Corporation, Trimble
Transport & Logistics, and Minda Corporation Ltd. among others.
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Segments covered in the report:
For the purpose of this report, Reports and Data have segmented global vehicle telematics market on
the basis of service type, product type, component, vehicle type, communication technology, provider
type, and region:
Service Type Outlook (Revenue, USD Million; 2016-2026)
Safety & Security
Information & Navigation
Entertainment
Diagnostics
Others
Product Type Outlook (Revenue, USD Million; 2016-2026)
Retrofitted
Embedded
Component Outlook (Revenue, USD Million; 2016-2026)
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