Automotive Telematics Market report focuses on the major drivers and restraints for the key players. Automotive Telematics Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Automotive Telematics market research report is a professional and in-depth study on the current state of Automotive Telematics Industry.
Automotive Telematics Market to Grow at a CAGR of 24.22% by the period 2016-2020.
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The Automotive Telematics Market research report covers the present scenario and the growth prospects of the global Automotive Telematics industry for 2016-2020.
The automotive telematics system is a device that deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system collects information from different on-board sensors such as vehicle speed, braking system, advanced driver assistance systems (ADAS), airbags, transmission control system, and many other systems.
Key Vendors of Automotive Telematics Market:
• Verizon Telematics
And many more…
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Market Drivers of Automotive Telematics:
• Increased demand for fleet management solutions in logistics sector
• Regulatory mandates to improve vehicle and passenger safety
• Implementation of usage-based insurance (UBI) model to increase adoption of telematics in automobiles
• OEM push for embedded telematics systems in BRIC nations
• Growing integration of smartphones and tablets in automobiles
Market Challenge of Automotive Telematics:
• Lack of standardization and technological challenges in telematics industry
• Short product life cycle of telematics electronics
• Data security in telematics industry
Market Trend of Automotive Telematics:
• Shared data plans to reduce the number of data subscriptions per user
• Reduced dependence on smartphones for applications
• Integration of platooning and telematics services
• Development of next-generation telematics protocol
Automotive Telematics market report provides key statistics on the market status of the Automotive Telematics manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Automotive Telematics industry.
The Automotive Telematics market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the Automotive Telematics market. Automotive Telematics market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Automotive Telematics market demand and supply scenarios.
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Geographical Regions of Automotive Telematics market:
Key questions answered in Automotive Telematics market report:
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Market Segmentation by Fitment:
• Global automotive telematics market for embedded fitment
• Global automotive telematics market for tethered fitment
• Global automotive telematics market for smartphone integration fitment
The report then estimates 2016-2020 market development trends of Automotive Telematics market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Automotive Telematics market before evaluating its feasibility.
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List of Exhibits in Automotive Telematics market report:
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