Automotive Telematics Market by Service, Technology By 2028
Global Automotive Telematics Market was valued at USD 33.70 Billion in 2021 and is expected to reach USD 91.85 Billion by the year 2028, at a CAGR of 15.4%.
The automotive telematics market is poised for significant growth, driven by advancements in IoT (Internet of Things), 5G communication technology, and the increasing demand for connected vehicle services. As autonomous driving technologies advance, telematics will play a crucial role in enabling vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications, further enhancing road safety and traffic efficiency.
Telematics, or telematics systems, refers to the convergence of telecommunications and information processing. It is commonly used to refer to the intersection of information technology and telecommunications. It offers functions such as collision warning, vehicle tracking, emergency calling, driver behaviour monitoring, navigation, and on-road assistance. Data is exchanged between the vehicle and back-office systems, including maps, weather forecasts, stock updates, and internet data. Communication occurs through mobile phones or installed devices, utilizing cellular towers and satellite technology.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ >> https://introspectivemarketresearch.com/request/16196
Automotive Telematics Market
In summary, automotive telematics is transforming the way we drive and manage vehicles, offering a future where cars are not just modes of transportation but connected platforms that provide a wide range of services and capabilities, improving safety, efficiency, and the overall driving experience.
Segments Covered :
By Service
Information & Navigation
Safety & Security
Fleet Management
Insurance Telematics
Others
By Technology
Integrated
Embedded
Tethered
By Sales Channels
OEM
Aftermarket
Who are the key players in Automotive Telematics Market?
Act Soft, Airbiquity Inc, Airiq Inc, Astrata Group; At&T, Box Telematics, Calamp, Continental AG, Delphi Automotive Plc, Garmin Ltd, Harman International, Intel Corporation, LG Electronics, Magneti Marelli S.p.A, Masternaut Limited, Mix Telematics, Octo Telematics, Qualcomm Technologies Inc, Robert Bosch GmbH, Teletrac Navman The Descartes Systems Group Inc, Tomtom International BV, Trimble Inc, Verizon, Visteon Corporation, and Other Major Players.
What are the segments of Automotive Telematics Market?
Automotive Telematics Market is segmented into Service, Technology, Sales Channels and region. By Service, the market is categorized into Information & Navigation, Safety & Security, Fleet Management, Insurance Telematics, Others. By Technology, the market is categorized into Integrated, Embedded, and Tethered. By Sales Channels, the market is categorized into OEM, Aftermarket. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
What is the Automotive Telematics Market?
The automotive telematics system is a mix of information technology and communications systems that are used to track the movements and locations of vehicles (GPS).
Purchase This Report :
https://introspectivemarketresearch.com/inquiry/16196
Players Covered in Automotive Telematics :
Airbiquity Inc
Airiq Inc
Astrata Group; At&T
Box Telematics
Calamp
Teletrac Navman The Descartes Systems Group Inc
Tomtom International BV
Trimble Inc
Verizon
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1โ773โ382โ1049