Size of the Global Vehicle Telematics Market between 2014 and 2022 (in billion U.S. Dollars)
Automotive Telematics Market (Application - Vehicle Tracking, Fleet Management, Satellite Navigation, and Vehicle Safety Communication; Vehicle Type - Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles) - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2017 - 2025
Automotive Telematics Market (Application - Vehicle Tracking, Fleet Management, Satellite Navigation, and Vehicle Safety Communication; Vehicle Type - Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles) - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2017 - 2025
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<strong>Global</strong> <strong>Telematics</strong> <strong>Market</strong> Trends, Analysis, And Forecast To<br />
2025<br />
Automotive <strong>Telematics</strong> <strong>Market</strong> (Application - <strong>Vehicle</strong> Track<strong>in</strong>g, Fleet Management, Satellite Navigation,<br />
<strong>and</strong> <strong>Vehicle</strong> Safety Communication; <strong>Vehicle</strong> Type - Passenger <strong>Vehicle</strong>s, Light Commercial <strong>Vehicle</strong>s, <strong>and</strong><br />
Heavy Commercial <strong>Vehicle</strong>s) - <strong>Global</strong> Industry Analysis, <strong>Market</strong> <strong>Size</strong>, Share, Growth, Trends <strong>and</strong> Forecast<br />
2017 - 2025<br />
Scope <strong>of</strong> <strong>the</strong> Report:<br />
The Automotive telematics segment is expected to grow as automakers <strong>and</strong> fleet managers adopt <strong>the</strong><br />
technology to m<strong>in</strong>imize fuel waste, <strong>and</strong> facilitate data management for <strong>the</strong> smooth function<strong>in</strong>g <strong>of</strong> fleets <strong>and</strong><br />
connected cars. Almost, 80-85% <strong>of</strong> telematics solutions <strong>and</strong> devices that <strong>in</strong>cludes <strong>in</strong>fota<strong>in</strong>ment, solutions<br />
<strong>and</strong> aftermarket solutions (UBI) cater to <strong>the</strong> automotive <strong>in</strong>dustry.<br />
In-depth Analysis <strong>of</strong> Follow<strong>in</strong>g Key Players <strong>of</strong> Commercial <strong>Telematics</strong> <strong>Market</strong> are analyzed <strong>in</strong> this report<br />
Healthcare telematics market, on <strong>the</strong> o<strong>the</strong>r h<strong>and</strong>, is expected to grow at a CAGR <strong>of</strong> 25.9% (2017-<strong>2022</strong>).<br />
<strong>Telematics</strong> usage <strong>in</strong> <strong>the</strong> <strong>in</strong>dividual (consumer) healthcare segment is expected to <strong>in</strong>crease at a faster pace<br />
compared to <strong>the</strong> commercial segment. The market is also start<strong>in</strong>g to witness grow<strong>in</strong>g dem<strong>and</strong> for<br />
telemedic<strong>in</strong>e applications used by health pr<strong>of</strong>essionals for remote consultation <strong>and</strong> collaborative medical<br />
assistance.<br />
Get Sample report @: https://www.futuregenicreports.com/Request-Sample/100587<br />
<strong>Telematics</strong> revenue generated from <strong>the</strong> government segment is expected to witness a high growth.<br />
Government agencies need to monitor <strong>and</strong> elim<strong>in</strong>ate unauthorized behavior <strong>and</strong> violation <strong>of</strong> driv<strong>in</strong>g rules<br />
through real-time vehicle track<strong>in</strong>g.<br />
Key growth factors<br />
Increas<strong>in</strong>g requirement to track vehicles on a real-time basis <strong>and</strong> observe drivers’ behavior (monitor<strong>in</strong>g<br />
health <strong>and</strong> temperament while driv<strong>in</strong>g), coupled with ris<strong>in</strong>g dem<strong>and</strong> for onboard <strong>in</strong>fota<strong>in</strong>ment is lead<strong>in</strong>g to<br />
grow<strong>in</strong>g usage <strong>of</strong> telematics technology.<br />
Additionally, <strong>the</strong> requirement <strong>of</strong> vehicle owners to avail tailor-made auto <strong>in</strong>surance premiums <strong>and</strong> that <strong>of</strong><br />
<strong>in</strong>surers to accurately evaluate accidental damages <strong>and</strong> m<strong>in</strong>imize fraud, through analysis <strong>of</strong> driv<strong>in</strong>g data, is<br />
contribut<strong>in</strong>g to <strong>the</strong> ris<strong>in</strong>g adoption <strong>of</strong> telematics-based <strong>in</strong>surance or UBI.
Threats <strong>and</strong> key players<br />
Although <strong>the</strong> <strong>Telematics</strong> market is expected to have a positive growth globally, still, <strong>the</strong>re is lack <strong>of</strong><br />
awareness among <strong>in</strong>dividual car owners <strong>and</strong> resistance about <strong>the</strong> additional expenditure related to <strong>the</strong><br />
<strong>in</strong>stallation <strong>of</strong> new devices <strong>in</strong> old cars or vehicles. Many vehicle owners have concerns regard<strong>in</strong>g <strong>the</strong>ir<br />
privacy <strong>and</strong> prefer not to let UBI companies track <strong>the</strong>ir daily movements.<br />
Often, challeng<strong>in</strong>g economic conditions, low <strong>in</strong>ternet penetration <strong>and</strong> poor technology <strong>in</strong>frastructure <strong>in</strong><br />
some regions play a major role <strong>in</strong> restrict<strong>in</strong>g telematics penetration. Case <strong>in</strong> po<strong>in</strong>t, most African countries<br />
which face various <strong>in</strong>frastructural <strong>and</strong> economic challenges.<br />
Some <strong>of</strong> <strong>the</strong> major players <strong>in</strong> <strong>the</strong> telematics market are OCTO <strong>Telematics</strong>, AirIQ, Mix <strong>Telematics</strong>,<br />
TomTom, Airbiquity Inc., Cisco, GE Healthcare, <strong>and</strong> Philips Healthcare.<br />
What’s covered <strong>in</strong> <strong>the</strong> report?<br />
Overview <strong>of</strong> <strong>the</strong> <strong>Global</strong> <strong>Telematics</strong> <strong>Market</strong><br />
Historical, current <strong>and</strong> forecasted market size data for <strong>Global</strong> Automotive <strong>Telematics</strong> market (Fleet<br />
telematics <strong>and</strong> connected car market), Usage Based Insurance, Infota<strong>in</strong>ment, Healthcare <strong>Telematics</strong><br />
<strong>and</strong> O<strong>the</strong>rs sectors<br />
Historical, current <strong>and</strong> forecast regional (North America, Europe, Asia Pacific, Lat<strong>in</strong> America,<br />
Middle East & Africa) market size data for <strong>Global</strong> Automotive <strong>Telematics</strong>, Usage Based Insurance,<br />
Infota<strong>in</strong>ment, Healthcare <strong>Telematics</strong> <strong>and</strong> O<strong>the</strong>rs sectors<br />
Analysis <strong>of</strong> Stakeholders <strong>and</strong> Technology Ecosystem <strong>in</strong> telematics for different segments.<br />
Qualitative analysis <strong>of</strong> <strong>the</strong> major drivers <strong>and</strong> challenges affect<strong>in</strong>g <strong>the</strong> <strong>Global</strong> <strong>Telematics</strong> <strong>Market</strong> <strong>and</strong><br />
Automotive <strong>Telematics</strong>, Usage Based Insurance, Infota<strong>in</strong>ment, Healthcare <strong>Telematics</strong> <strong>and</strong> O<strong>the</strong>rs<br />
sectors<br />
Analysis <strong>of</strong> <strong>the</strong> competitive l<strong>and</strong>scape <strong>and</strong> pr<strong>of</strong>iles <strong>of</strong> major public <strong>and</strong> private players operat<strong>in</strong>g <strong>in</strong><br />
<strong>the</strong> market, which <strong>in</strong>clude companies who provide vehicle track<strong>in</strong>g system, telematics device, GPS<br />
fleet track<strong>in</strong>g system<br />
Key recent developments <strong>in</strong> <strong>the</strong> Automotive <strong>Telematics</strong>, Usage Based Insurance, Infota<strong>in</strong>ment,<br />
Healthcare <strong>Telematics</strong> <strong>and</strong> O<strong>the</strong>rs sectors<br />
<strong>Market</strong> Trends: Automotive <strong>Telematics</strong>, Usage Based Insurance, Infota<strong>in</strong>ment, Healthcare<br />
<strong>Telematics</strong> <strong>and</strong> O<strong>the</strong>rs sectors<br />
Why buy?<br />
Get a broad underst<strong>and</strong><strong>in</strong>g <strong>of</strong> <strong>the</strong> <strong>Global</strong> Automotive <strong>Telematics</strong>, Usage Based Insurance,<br />
Infota<strong>in</strong>ment, Healthcare <strong>Telematics</strong> <strong>and</strong> O<strong>the</strong>rs sectors<br />
Get Region-specific drivers <strong>and</strong> challenges affect<strong>in</strong>g <strong>the</strong> <strong>Global</strong> <strong>Telematics</strong> <strong>Market</strong> <strong>and</strong> Automotive<br />
<strong>Telematics</strong>, Usage Based Insurance, Infota<strong>in</strong>ment, Healthcare <strong>Telematics</strong> <strong>and</strong> O<strong>the</strong>rs sectors<br />
Devise market-entry strategies by underst<strong>and</strong><strong>in</strong>g <strong>the</strong> factors driv<strong>in</strong>g <strong>the</strong> growth <strong>of</strong> <strong>the</strong> market<br />
Recognize major competitors' bus<strong>in</strong>ess <strong>and</strong> market dynamics, <strong>and</strong> respond accord<strong>in</strong>gly<br />
Get stakeholder <strong>and</strong> technology analysis, relevant company pr<strong>of</strong>iles <strong>and</strong> also start-up company<br />
pr<strong>of</strong>iles
Obta<strong>in</strong> Report Details: https://www.futuregenicreports.com/Reports/<strong>Telematics</strong>-<strong>Market</strong><br />
By Regional Analysis:<br />
Europe<br />
Asia Pacific<br />
Middle East <strong>and</strong> Africa (MEA)<br />
North America<br />
Lat<strong>in</strong> America<br />
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