Telematics Market Global Scenario Telematics Market | Page 2

end users. However, lack of knowledge about latest technologies and high cost of
equipments are hindering the growth of market. Usage of telematics in passenger cars
and light commercial vehicles provides an opportunity for the market. Moreover, growing
government regulations concerning safety incorporated automotive telematics systems
also provide with opportunity for the growth of market in developing nations.
The market is segmented on the basis of software, hardware, type of services, verticals
and geography. Based on software the market is further segmented into tracking
solutions, fleet management, navigation systems, intelligent systems, insurance
telematics, and social telematics and safety mechanisms. Based on hardware the market
is bifurcated into OEM manufacturers and embedded system manufacturers.
Furthermore, based on the type of services the market is segmented into professional
and managed services. Based on verticals, the marketed is segmented into Government,
transportation and logistics, Healthcare and Life Sciences, Manufacturing and
automotive, insurance and Media and Entertainment. Geographically, the market is
divided into North America, Europe, Asia-Pacific and RoW.
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Major companies operating in this market segment may include AirIQ, Airbiquity, Inc.,
Agero Inc., AT&T, Verizon Telematics Inc., Ford Motors Co, Fleetmatics Group PLC,
mixtelematics, BOX Telematics Ltd., TomTom, Davis Instruments, and Zonar Systems.
Scope of Telematics Market
Software Segments
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Tracking Solutions
Fleet Management
Navigation Systems
Intelligent Systems
Insurance Telematics
Social Telematics
Safety Mechanisms