Automotive Telematics Market is Projected to Grow Massively in Near Future with Eminent Players
- elizabethsanchez28
 - Dec 14, 2020
 - 3 min read
 
Market Size – USD 63.83 Billion in 2019, Market Growth – CAGRof 26.4%, Market Trends –Amalgamation of technology and the automobile industry
The new market research report published by Emergen Research, dubbed as ‘Global Automotive Telematics Market Forecast to 2027’, entails a profound analysis of the global Automotive Telematics Industry, highlighting the crucial data and information pertaining to the Automotive Telematics Market sales and revenue shares. The report endows the reader with a holistic coverage of the Automotive Telematics Industry, pinpointing the key factors influencing the global market growth in the forthcoming years. The technological developments taking place in the industry, coupled with the current and emerging trends witnessed in the leading regional markets, have also been included in this document.
The increasing adoption of web services and the seamlessness of modern communication technology create vast opportunities for the fleet management business. Significant technologies adopted in the market are GPS trailing system, M2M communication, and telematics, among others. Moreover, the automotive telematics market’s solutions enable the collection, management, exploration, interpretation, and analysis of the driving information about the specific drivers. Such management creates tremendous knowledge and is anticipated to create lucrative opportunities in the autonomous driving segment.
To receive a sample of the global Automotive Telematics Market report @ https://www.emergenresearch.com/request-sample-form/105
The key industry participants include:
Trimble Inc., TeletracNavman, Verizon, I.D.Systems Inc., Airbiquity Inc., Cartrack, Harman International Industries, Inc., MiX Telematics, TomTom Telematics B.V, Masternaut Limited, and Omnitracs
For the purpose of this report, Emergen Research has segmented the Global Automotive Telematics Market on the basis of vehicle type, application, connectivity solution, and region:
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
· Passenger Vehicle
· Commercial Vehicle
· Two-Wheeler
Application Outlook (Revenue, USD Billion; 2017-2027)
· Asset/Fleet Management
· Lane Departure Warning System
· Navigation and Location-Based System
· Infotainment System
· Blind Spot Detection
· Autonomous Emergency Braking System
· Insurance Telematics
· Safety and Security
· V2X
Connectivity Solution Outlook (Revenue, USD Billion; 2017-2027)
· Embedded
· Integrated Smartphones
· Tethered
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Additionally, the Automotive Telematics Market research report comprehensively examines the key elements of the Automotive Telematics Market that influence its growth over the projected timeframe. The report’s authors leveraged a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new market entrants on how to overcome the entry-level barriers. The global market has been categorized on the basis of product type, application gamut, end-user industries, and the competitive hierarchy. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further entails a clear outline of the market’s intensely competitive atmosphere to help businesses and industry stakeholders decipher the optimal business moves and achieve their business goals.
Regional Outlook (Revenue: USD Billion; 2017-2027)
· North America
o U.S.
o Canada
o Mexico
· Europe
o U.K.
o Germany
o France
o Benelux
o Rest of Europe
· Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Argentina
o Rest of Latin America
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
Key reasons to buy this report:
· The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Automotive Telematics Market and its leading players.
· It offers an in-depth study of the Automotive Telematics Industry and forecasts the market shares and sizes over the projected years.
· The report underscores the prominent market contenders, focusing on their business strategies and long-term business expansion plans.
Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/automotive-telematics-market
Thank you for reading our report. To know more about the report or for any queries regarding the customization of the report, please connect with us. We will make sure our team providesthe necessary assistance and designs your report according to your requirements.
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