so electronics manufactureing industries have a major role to play in this segment. Finally the
onus to carry out these services falls on the tele-communications industry who are the key to
supply mobile data-connections, satellite connections, and also the customer service industry to
provide hassle-free 24x7 service to the end-users.
Sample Table 1: Global Consumer Telematics Market Projected Revenue($ Billion), By
End User Industry (2013-2018)
Industry
2013
2015
2017
2018
CAGR (%)
20132018
Fleet Management Telematics
xx
xx
xx
xx
20.18
GPS Navigation and
ITS(Intelligent Transport System)
xx
xx
xx
xx
xx
Auto Insurance Telematics
UBI(User Based Insurance)
xx
xx
xx
xx
xx
Auto Infotainment
13.8
xx
xx
xx
xx
Customer Services
xx
xx
xx
xx
xx
Data Services
0.9
xx
xx
xx
xx
Hardware (including CUs)
1.2
xx
xx
xx
xx
GLOBAL TELEMATICS MARKET
41.0
xx
xx
110.0
21.8
Source: IndustryARC Analysis
The above table represents the projected forecasts for Global Consumer Telematics and Services
market on the basis of end-user services for the year 2015, 2017 and 2018 by keeping 2013 as a
base year for compounding CAGR.
Coming to the current market scenario for consumer telematics, it is estimated to be around the
$ 41 Billion mark in 2013. Based on the growth rate seen in various related industries and the
market share of the major players in this sector, we could forecast the market numbers for the
year 2018.
The CAGR is estimated to be about 21.8%, for the time period of 2013-2018. Currently the
market penetration is seen at 11%, i.e., of all the vehicle units produced globally about 11% have
some kind of telematics system(embedded, integrated or tethered) installed in them. Going by
the market trends this figure is likelyto go upto 46%, in the market by 2018.
IndustryARC | 9