The Automotive Telematics Market report provides an in-depth analysis with current and future trends to clarify the forthcoming investment in the market. Global Automotive Telematics market report shares information regarding key drivers, challenges and trends with impact analysis. Quantitative analysis of the current market and estimations through 2016–2020 are provided to showcase the financial appetency of the Automotive Telematics industry.
Experts forecast Global Automotive Telematics Market is expected to grow at 24.22% CAGR during the period 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.
Automotive Telematics Market Report Covered:
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Automotive Telematics Market Drivers:
• 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
Automotive Telematics Market Challenges:
• Lack of standardization and technological challenges in telematics industry
• Short product life cycle of telematics electronics
• Data security in telematics industry
Automotive Telematics Market Trends:
• 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
Global Automotive Telematics Market report delivers detailed study on the major drivers and restraints for the key players & their impact.
Key Vendors of Automotive Telematics Market:
• Verizon Telematics
And many more…
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.
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Geographical Regions of 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, demand and present scenarios in Automotive Telematics industry.
Automotive Telematics Market by Product Type:
• Global automotive telematics market for embedded fitment
• Global automotive telematics market for tethered fitment
• Global automotive telematics market for smartphone integration fitment
Price of Report: $2500 (Single User License)
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Global Automotive Telematics market report 2016-2020 explains in depth information about market development trend, 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 industry before evaluating its possibility.
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