Automotive Telematics Market Forecasts To 2025 Automotive Telematics Market - Global Industry Ana

Automotive Telematics Market - Global Industry Analysis,
Market Size, Share, Growth, Trends and Forecast 2017 – 2025
Global Automotive Telematics Market: Overview
This market research study analyzes the automotive telematics market on global basis and provides
estimates in terms of revenue (US$Bn) from 2016 to 2025. It describes the market dynamics affecting
the industry and analyzes their impact through the forecast period. Moreover, it highlights the
significant opportunities for market growth in the next eight years. The market is segmented on the
basis of geography into Europe, North America, Asia Pacific, Middle East and Africa (MEA), and Latin
America. Thesesegments have been estimated in terms of revenue (US$Bn). In addition, the report
has been segmented based on application, which includes, vehicle tracking, fleet management,
satellite navigation, vehicle safety communication and others. By vehicle type the market is
categorized into passenger vehicles, light commercial vehicles and heavy commercial vehicles. For
better understanding of the automotive telematicsmarket, the study comprises market attractiveness
analysis, where vehicle types are benchmarked based on their market scope, growth rate and market
attractiveness. Competitive rivalry is projected to be high among key players to acquire higher share
of the market in the coming years.
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Global Automotive Telematics Market: Trends and Opportunities
Telematics in vehicles involves the receiving, sending and storing information with the help of
telecommunication devices ensuring effective control on remote objects. In addition, vehicular
telematics is the combination of applications of telecommunication and informatics in vehicles.
Telematics is a versatile field, which includes vehicular technologies, telecommunications, road safety
and transportation, instrumentation, wireless communications, sensors, internet and multimedia
services in automobiles.In telematics, global navigation satellite system (GNSS), which is an integral
part of automotive navigation systems offers integrated services with the help of computers and mobile
communications.
The growing demand for advanced telematics components in automobiles is driving the automotive
telematics market currently. Navigation technology, telematics, audio-video solutions, WiFi, Bluetooth,
safety and security and intelligent driving solutions are few of the advanced telematics solution largely
being demanded by the consumers. In addition, tracking of vehicles, trailer and container tracking,
wireless safety communications, satellite navigation, mobile data, emergency warning system for
vehicles and auto insurance are the major applications of telematics, which is driving the demand for
the usage of telematics in vehicles, globally.
Global Automotive Telematics Market: Key Segments