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Global Vehicle Telematics Market Trends, Growth, Analysis 2025

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Title: Global Vehicle Telematics Market Trends, Growth, Analysis 2025

Global Vehicle Telematics Market Size 2017
  • by Type (Solutions (Fleet/asset Management,
    Navigation Location-based Systems ,
    Infotainment Systems, Insurance Telematics,
    Safety Security, Remote Alarm Incident
    Monitoring Solutions, V2X and Others),
    Service(Integration Deployment, Consulting
    Design, Maintenance Training Services)), by
    Vehicle Type (Passenger Cars, Commercial
    Vehicles), by Product (Hardware, Software), by
    Provider (Aftermarket, OEMs), by Bandwidth
    (2G/2.5G, 3G and 4G), By Region and Forecast 2018
    to 2025

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Global Vehicle Telematics Market Size To Expand
More Than 4 Times Between 2018 and 2025
  • The global vehicle telematics market size is
    projected to be worth USD 231.63 billion by 2025
    driven by the rising demand for smart
    connectivity coupled with increasing penetration
    of Internet of Things (IoT).
  • Lucrative growth of the commercial vehicles
    market paired with the rising demand for
    connected vehicles is expected to boost the
    market for telematics over the forecast period.
    Automobile manufacturers are demanding for
    integrated solutions such as fleet management
    services to track the position of vehicles, the
    distance covered, and the route on which the
    vehicles are moving. Logistic companies are
    shifting from traditional systems to telematics
    as these systems provide accurate data in real
    time and help guide the driver in case of any
    emergencies. With increase in inclination towards
    adoption of smart infrastructure for
    transportation, the commercial vehicle telematics
    market is projected to reach around USD 144.34
    billion by 2025.
  • More than 24 million commercial units were sold
    in 2017 and also the sale of commercial vehicles
    is expected to grow with steady rate in coming
    years. Surge in sale for commercial vehicle
    couple with increase in adoption of intelligent
    communicating systems deployed in vehicle is
    driving the growth of the global commercial
    vehicle telematics market.
  • With increase in adoption of connected vehicles,
    the demand for related hardware is projected to
    surge at a CAGR close to 20 by 2025. To
    establish high-speed communication via
    telematics, the need for supporting technologies
    is projected to spur investment in development of
    5G enabled devices, owing to which we estimate
    that the share of 5G technology used for vehicle
    telematics is projected to exceed USD 30 billion
    in terms of revenue. For instance, In February
    2016, LG Electronics (LG) and Intel announced
    partnership to manufacture and pilot 5G-based
    telematics technology.

Global Vehicle Telematics Market Size To Expand
More Than 4 Times Between 2018 and 2025
  • North America dominated the global vehicle
    telematics market and is expected to account for
    more than a third of the telematics market share
    by 2025. The region is expected to be a leader
    within the global vehicle telematics market over
    the forecast period. On the other hand, Asia
    Pacific is expected to grow with a CAGR of 26.3
    during the forecast period. This is due to
    growing vehicle production along with raising car
    theft in the region.
  • Major players operating in vehicle telematics
    market include Inseego Corporation, LG
    Electronics Inc., HARMAN International
    Industries, Inc., BOSCH, Continental AG, Denso
    Corporation, Magneti Marelli S.p.A., Visteon
    Corporation, Fujitsu Ten Limited / DENSO Ten
    Limited, Peiker Acustic GmbH Co. KG, Novero,
    Ficosa Internacional SA, Huawei Investment
    Holding Co., Ltd., Flaircomm Microelectronics,
    Inc., PTC, Inc., Zonar Systems, Inc, Trimble
    Inc., Verizon Telematics, Inc., MiX Telematics,
    AirIQ Inc., Omnitracs, LLC, Masternaut Limited,
    Octo Telematics S.p.A., TomTom NV, and Volkswagen
  • Browse the complete report on _at_

Key Segments of the Global Vehicle Telematics
  • Type Overview, 2014-2025 (USD Million)
  • Solutions
  • Fleet/asset Management
  • Navigation Location-based Systems
  • Infotainment Systems
  • Insurance Telematics
  • Safety Security
  • Remote Alarm Incident Monitoring Solutions
  • V2X
  • Others
  • Service
  • Integration Deployment
  • Consulting Design
  • Maintenance Training Services
  • Vehicle Type Overview, 2014-2025 (USD Million)
  • Passenger Cars
  • Commercial Vehicles

Key Segments of the Global Vehicle Telematics
  • Provider Overview, 2014-2025 (USD Million)
  • Aftermarket
  • OEMs
  • Bandwidth, 2014-2025 (USD Million)
  • 2G/2.5G
  • 3G
  • 4G
  • 5G
  • Regional Overview, 2014-2025 (USD Million)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa
  • Purchase a single user copy of the global vehicle
    telematics market report https//www.adroitmarketr

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  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
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    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
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    an insightful study around our findings and churn
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