Automotive Telematics Market: Size, Share, Growth Drivers, Trends & Challenges
According to Goldstein Research global automotive telematics market report; about 28% of new car customers prioritize car connectivity features over other conventional car features such as engine power or fuel efficiency, and 13%in developed countries would not even buy a car that is not connected to the internet today.“Global Automotive Telematics Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe.
According to Goldstein Research global automotive telematics market report; about 28% of new car customers prioritize car connectivity features over other conventional car features such as engine power or fuel efficiency, and 13%in developed countries would not even buy a car that is not connected to the internet today.“Global Automotive Telematics Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe.
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6.3. Global <strong>Automotive</strong> <strong>Telematics</strong> <strong>Market</strong> Attractiveness and BPS Analysis by<br />
<strong>Telematics</strong> Devices, 2016-2024<br />
Fig: 6-7 Global <strong>Automotive</strong> <strong>Telematics</strong> <strong>Market</strong> Attractiveness-By<br />
Telematic Devices, 2016-2024<br />
Fig: 6-8 Global <strong>Automotive</strong> <strong>Telematics</strong> <strong>Market</strong> BPS Analysis- By End<br />
Telematic devices, 2016-2024<br />
XX%<br />
100%<br />
XX%<br />
XX%<br />
XX%<br />
90%<br />
80%<br />
70%<br />
60%<br />
XX%<br />
XX%<br />
XX%<br />
Download Full Sample<br />
Report<br />
XX%<br />
XX%<br />
50%<br />
XX%<br />
40%<br />
30%<br />
XX%<br />
20%<br />
XX%<br />
XX%<br />
XX%<br />
10%<br />
XX%<br />
XX XX XX XX XX XX XX XX XX XX<br />
Smart Phone<br />
Integration<br />
Source: Goldstein Research<br />
Embedded Devices<br />
Tethered Devices<br />
0%<br />
2016 2024<br />
Smart Phone Integartion Embedded Devices Tethered Devices<br />
Source: Goldstein Research<br />
‣According to estimate, more than XX% new cars sold across the globe in 2016 were equipped with the embedded<br />
telematic systems. North-America is the mature market in terms of implementation of telematic systems in cars with<br />
attach rate of XX% closely followed by Europe with XX%. China has emerged as high potential market for automotive<br />
telematics with attach rate of rate of about XX%.<br />
‣According to Goldstein Research forecasts that there will be XX million actively connected cars on global roads by 2024.<br />
The combination of new car features and aftermarket devices could mean nearly XX billion connected cars on the world’s<br />
roadways by 2024. US to continue its lead with sales of approximately 16 million new cars with embedded telematics by<br />
2025 . EU, Japan and BRIC nations present huge potential, primarily due to upcoming regulations.
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