Europe Automotive Telematics Market Future Trends, Prominent Players, Industry Impact and Forecast by 2030

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Europe Automotive Telematics Market Size, Key
Vendors, Growth Rate, Drivers, Volume and
Forecast Report
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• The European automotive telematics market
  attained a value of 7,340.3 million in 2019 and
  is predicted to advance at a CAGR of 16.1
  between 2020 and 2030. Furthermore, according to
  the forecast of PS Intelligence, a market
  research firm based in India, the market would
  generate revenue of 37,249.8 million in 2030.
  The burgeoning requirement for advanced safety
  features in automobiles and the increasing
  implementation of supportive government policies
  are the main factors fueling the expansion of the
  market.
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• The rising prevalence of road accidents is the
  biggest factor responsible for the increasing
  requirement for enhanced safety features and
  systems in vehicles. Human error is one of the
  leading causes of road crashes and casualties in
  Europe and the rest of the world. According to
  the Community database on Accidents on the Roads
  in Europe published in 2018, in the European
  Union (EU) member countries, 25,600 people lost
  their lives in road accidents in 2016.
• Based on service, the European automotive
  telematics market is divided into infotainment
  and navigation, safety and security, remote
  diagnostics, insurance telematics, fleet/asset
  management, and vehicle-to-everything (V2X). Out
  of these, the safety and security category is
  predicted to demonstrate the highest growth rate
  in the market, in terms of value, in the future
  years. The market recorded the highest growth in
  Germany in the years gone by and this trend is
  likely to continue in the upcoming years as well.
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  arket
• Market Segmentation by Product Type
• Embedded
• Tethered
• Integrated
• Market Segmentation by Service
• Safety and Security
• Infotainment and Navigation
• Remote Diagnostics
• Fleet/Asset Management

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• Passenger Car
• Commercial Vehicle
• Construction Machines
• Market Segmentation by Verticals
• Transportation and Logistics
• Government and Utilities
• Travel and Tourism
• Construction
• Education
• Healthcare
• Media and Entertainment
• Others
• Market Segmentation by Offerings
• Hardware
• Software
• Services
• This study covers

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