Telematics Solutions Market worth $62.6 billion by 2025 Telematics Solutions Market worth $62.6 billion by | Page 4

The embedded telematics segment growth in the long term is attributed to various disruptive
factors such as government mandates, cost optimization of service plans, and an increase in
cloud-based services. By 2025, the embedded form of connectivity is estimated to dominate
the market with largest market share.
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Asia Pacific region is expected to lead the OE market during the forecast period.
One of the critical drivers for the Asia Pacific market is the increased demand for fleet
management and navigation services, particularly in China, Japan, India and South Korea. The
tech-savvy population in these countries are now getting more inclined towards connected
driving experience. The demand for telematics in the Asia Pacific is significantly driven by
strong economic growth, ongoing advancement in the automotive sector and rapid
urbanization. As safety regulations have been made in Japan and South Korea, the demand for
telematics in these countries is anticipated to increase in coming years.
Owing to favorable government initiatives, telecom infrastructure has registered significant
growth in APAC. For instance, the installation of telematics systems and satellite positioning in
commercial vehicles has been made mandatory by the Chinese government.