Telematics Market 2020 Global Size, Revenue Analysis, Growth, Opportunities and Forecast 2023
Market Research Future published a research report on “Telematics System Market Research Report- Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Get Complete Report @ https://www.marketresearchfuture.com/reports/telematics-market-1121
Market Research Future published a research report on “Telematics System Market Research Report- Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
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Telematics Market Research Report- Global Forecast to
2023
Market Research Future published a research report on “Telematics Market Research Report-
Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Telematics Global Market- Overview
Technology advancement in every industry sector has transformed the functionalities of a machine
to the next level. The driving factor of emerging digital technology has make communication with
machines possible and is further boosting its growth in coming years. Artificial intelligence is one of
the fastest growing technology in this area which is developing its roots in transportation,
automation, construction and industrial applications. Artificial intelligence with support of machine
learning is one of the major driving force behind emergence of self-driving and connected cars in the
automotive segment. Image recognition, telematics, and GPS and GNSS are some of the features
engrossed with self-driving cars. Many major companies such as Harman, Samsung, LG and AT&T are
investing in developing innovative telematics solution for their customers.
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t/1121
The major growth driver of Telematics Market includes rising demand for high-Telematics, increasing
adoption of renewable energy sources such as electric vehicles, and growing ICT and
telecommunication sector among others. However, high initial cost and time consuming
manufacturing process are the major factors which are hindering the growth of Telematics Market
Key Players:
Some of the major players in global Telematics Market include Verizon Communication Inc.(U.S.),
HARMAN International Industries Inc.(U.S.), Tom-Tom International BV (Netherland), AT&T (U.S.),
Vodafone Group Plc. (U.K.), Ford Motor Company (U.S.), BMW Group (Germany), Telefonica SA
(Spain), Mix Telematics (South Africa), and Trimble Navigation Ltd. (U.S.) among others.
Other vendors include Tantalum Corporation (U.K), InfoTrack Telematics (Japan), Agero Inc. (U.S.),
NXP Semiconductors (the Netherlands), Smart Telematics Ltd, BOX telematics limited (U.K),
AutoVision Wireless Inc (Canada), Ingenie (U.K), Calamp Corp. (U.S.), Vista Equity Partners (U.S.),
ClickSoftware Technologies Ltd. (U.S.), ORBCOMM Inc. (U.S.) among others.
Telematics Global Market- Competitive Analysis
Telematics market appears to be competitive in the coming years owning to the presence of
numerous large players active in regional market. Verizon Communication Inc., Harman International
Industries Inc., Tom-Tom International BV, and AT&T are some of the companies leading the
Telematics market globally. The key strategies traced from the analysis of recent developments of
the key players include Product Launch, Agreement & Partnership, Acquisition and expansion.
Strategic partnerships between Key players support the growth and expansion plans of the key
players during the forecast period. On the product and sales side, companies are investing in
innovation/R&D, brand building, and fostering strong relationships with customers to support their
competitive position.
Telematics Global Market- Regional Analysis
The global Telematics (BIM) market is estimated to grow at a promising rate in upcoming years.
North America has witnessed to dominate the market due to presence of established automotive
industry and growing telecommunication sector in the region. Also, high demand for premium cars
with advanced safety and comfort features has driven high growth in telematics market of North
America region. Followed by Europe which is the leading region for automotive manufacturing and is
increasing deployment of advanced telematics features in the end product. Asia-Pacific is expected
to be the fastest growing region due to increasing initiatives by government and offering funding for
electric vehicle manufacturers and increasing adoption of electric vehicle by consumers.
Telematics Global Market- Segmentation
The Telematics Market can be classified into 4 key segments as follows:
Segmentation by Technology: embedded, portable and hybrid among others.
Segmentation by Services: navigation, diagnostic, on-demand infotainment and
maintenance and security among others.
Segmentation by Application: commercial, automotive, IT, insurance, telecommunication,
healthcare and government among others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia
Pacific and Rest of the World.
Intended Audience
Telematics Market services providers
Smart components manufacturers
Government agencies
Electronic components manufacturers
Value-added resellers
Auto parts suppliers
Research Firms
Automation & control networking technologies vendors
Component manufacturers (sensors & controls)
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tics-market-1121
TABLE OF CONTENTS
LIST OF TABLES
Table1 World Population By Major Regions (2017 To 2030)
Table2 Global Telematics Market: By Region, 2017-2023
Table3 North America Telematics Market: By Country, 2017-2023
Table4 Europe Telematics Market: By Country, 2017-2023
Table5 Asia Pacific Telematics Market: By Country, 2017-2023
Table6 The Middle East & Africa Telematics Market: By Country, 2017-2023
Table7 Latin America Telematics Market: By Country, 2017-2023
Table8 Global Telematics By Technology Market: By Regions, 2017-2023
Table9 North America Telematics By Technology Market: By Country, 2017-2023
Table10 Europe Telematics By Technology Market: By Country, 2017-2023
Table11 Asia Pacific Telematics By Technology Market: By Country, 2017-2023
Table12 The Middle East & Africa Telematics By Technology Market: By Country, 2017-2023
Table13 Latin America Telematics By Technology Market: By Country, 2017-2023
Table14 Global Technology Market: By Region, 2017-2023
Table15 Global Deployment Market: By Region, 2017-2023
Table16 Global Deployment Market: By Region, 2017-2023
Table17 North America Telematics Market, By Country
Table18 North America Telematics Market, By Technology
Table19 North America Telematics Market, By Service
Table20 Europe: Telematics Market, By Service
Table21 Europe: Telematics Market, By Technology
Continued…
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