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Automotive Telematics Market Size to Worth Around US$ 441.5 Billion by 2030

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[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global automotive telematics market was valued at around USD 77.54 billion in 2021 and is expected to register revenues worth USD 441.5 billion by the end of 2030, growing at an exceptional CAGR of approximately 21.3% between 2022 and 2030.

Automotive Telematics

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Automotive Telematics Market Growth Factors:

The automotive telematics market growth is primarily driven by technological advancements focusing on improving the passenger’s overall in-vehicle experience and allowing for more interactivity within and among other automobiles. Furthermore, the automotive telematics market is being driven by rise in safety awareness, stringent vehicle safety standards, and the affordability of automotive telematics system features. However, installing a few modern telematics infrastructure systems in vehicles is still costly.

Automotive Telematics Market Report Scope
Report Coverage Details
Market Size in 2020 USD 64.2 Billion
Revenue Projection by 2030 USD 441.5 Billion
Growth Rate CAGR of 21.3% From 2021 to 2030
Largest Market North America
Fastest Growing Market Europe
Base Year 2021
Forecast Period 2021 to 2030

The automotive telematics market is expected to grow with the rising vehicle production and safety standards around the world. The rise in telematics software integration in autonomous and connected vehicles is expected to drive the global automotive telematics market. The consumer preference for advanced driver assistance systems in automobiles is expected to boost the growth of automotive telematics market during the forecast period.

Automotive Telematics Market Report Highlights
  • Based on the product type, the embedded automotive telematics segment dominated the market in 2020 with highest market share 60%. The embedded automotive telematics is a component of software that allows a vehicle to connect to the internet. It includes data exchange between telecommunications devices, computers, and GPS satellite systems.
  • Based on the services, safety and security automotive telematics segment is estimated to be the most opportunistic segment during the forecast period. This is attributed to the transmission of information with security and safety from one device to other.
  • Based on the sales channel, the original equipment manufacturer (OEM) segment accounted highest revenue share in 2020.

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

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some of the prominent players in the automotive telematics market include:
  • CARTRACK
  • Masternaut Ltd.
  • Teletrac Navman
  • TomTom Telematics B.V.
  • MiX Telematics
  • Trimble Inc.
  • Harman International Industries Inc.
  • Omnitracs
  • VERIZON
  • Airbiquity Inc.
Automotive Telematics Market Segments

By Product Type

  • Embedded
  • Integrated
  • Tethered

By Services

  • Safety and Security
  • Information and Technology

By Sales Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global automotive telematics market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the automotive telematics market.

The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.

Why should you invest in this report?

If you are aiming to enter the global automotive telematics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive telematics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automotive Telematics Market 

5.1. COVID-19 Landscape: Automotive Telematics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automotive Telematics Market, By Product

8.1. Automotive Telematics Market, by Product Type, 2021-2030

8.1.1. Embedded

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Integrated

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Tethered

8.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Automotive Telematics Market, By Services

9.1. Automotive Telematics Market, by Services, 2021-2030

9.1.1. Safety and Security

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Information and Technology

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Automotive Telematics Market, By Sales Channel 

10.1. Automotive Telematics Market, by Sales Channel, 2021-2030

10.1.1. Original Equipment Manufacturer (OEM)

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Aftermarket

10.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Automotive Telematics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2019-2030)

11.1.2. Market Revenue and Forecast, by Services (2019-2030)

11.1.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.1.4.2. Market Revenue and Forecast, by Services (2019-2030)

11.1.4.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.1.5.2. Market Revenue and Forecast, by Services (2019-2030)

11.1.5.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.2. Market Revenue and Forecast, by Services (2019-2030)

11.2.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.4.2. Market Revenue and Forecast, by Services (2019-2030)

11.2.4.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.5.2. Market Revenue and Forecast, by Services (2019-2030)

11.2.5.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.6.2. Market Revenue and Forecast, by Services (2019-2030)

11.2.6.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.7.2. Market Revenue and Forecast, by Services (2019-2030)

11.2.7.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.2. Market Revenue and Forecast, by Services (2019-2030)

11.3.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.4.2. Market Revenue and Forecast, by Services (2019-2030)

11.3.4.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.5.2. Market Revenue and Forecast, by Services (2019-2030)

11.3.5.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.6.2. Market Revenue and Forecast, by Services (2019-2030)

11.3.6.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.7.2. Market Revenue and Forecast, by Services (2019-2030)

11.3.7.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.2. Market Revenue and Forecast, by Services (2019-2030)

11.4.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.4.2. Market Revenue and Forecast, by Services (2019-2030)

11.4.4.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.5.2. Market Revenue and Forecast, by Services (2019-2030)

11.4.5.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.6.2. Market Revenue and Forecast, by Services (2019-2030)

11.4.6.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.7.2. Market Revenue and Forecast, by Services (2019-2030)

11.4.7.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.5.2. Market Revenue and Forecast, by Services (2019-2030)

11.5.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.5.4.2. Market Revenue and Forecast, by Services (2019-2030)

11.5.4.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.5.5.2. Market Revenue and Forecast, by Services (2019-2030)

11.5.5.3. Market Revenue and Forecast, by Sales Channel (2019-2030)

Chapter 12. Company Profiles

12.1. CARTRACK

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Masternaut Ltd.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Teletrac Navman

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. TomTom Telematics B.V.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. MiX Telematics

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Trimble Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Harman International Industries Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Omnitracs

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. VERIZON

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Airbiquity Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

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I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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