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Vehicle Telematics Market

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The study segments Vehicle Telematics industry in light of major classification such as product type, potential markets, application, and end-user. – PowerPoint PPT presentation

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Date added: 25 July 2020
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Title: Vehicle Telematics Market


1
Vehicle Telematics Market To Reach USD 129.2
Billion By 2027
www.reportsanddata.com
sales_at_reportsanddata.com
2
Market Summary
Rising number of vehicles, stringent road safety
regulations, increasing strategic developments
such as partnerships and agreements, favorable
research funding scenario, and technological
advancements are key factors contributing to a
high CAGR of Vehicle Telematics during the
forecast period. Market Size USD 43.61 Billion
in 2019, Market Growth - CAGR of 15.1, Market
Trends Stringent road safety regulations and
rising number of fleet operations According to
the current analysis of Reports and Data, the
global Vehicle Telematics market was valued at
USD 43.61 Billion in 2019 and is expected to
reach USD 129.2 Billion by the year 2027, at a
CAGR of 15.1. Vehicle telematics systems,
composed of telecommunication and informatics,
provide crucial information for drivers, such as
information about live traffic status and weather
forecast. Essentially, it is the automotive
monitoring system that empowers drivers to stay
updated with real-time performance and safety of
the vehicle.
3
Our Approach
Market Summary
  • Information collected by the telematics system is
    beneficial in critical circumstances, for
    instance, to communicate instantaneously with the
    police or respective authorities for prompt
    actions in case of an accident. TOm The safety
    and security services of automotive telematics
    comprise the automatic crash notification,
    emergency, and medical assistance, which is
    anticipated to stimulate market growth in the
    forecast period. As a component of the automated
    crash notification service the telematics control
    unit (TCU) monitors several crash sensors of the
    automotive and in the occurrence of a crash it
    directs the details of the vehicular location and
    crashes intensity as well as sends a voice call
    to the call center so that emergency facilities
    are dispatched to the accident spot.
  • The benefits of technology become evident even at
    niche levels. For example, most users mention
    antitheft, lower insurance premiums, and better
    driving behavior as key advantages of these
    systems today. According to a report by GSMA, its
    use in the United States reached about 20 in
    2016, Italy saw 17, and Singapore 9. That same
    year, global UBI adoption made possible by
    expanding to 14 million policies.
  • Request for a sample of this research report _at_
    https//www.reportsanddata.com/sample-enquiry-form
    /1504

4
Our Approach
Market Summary
  • Key participants Are Robert Bosch GmbH (Germany),
    Continental AG (Germany), Trimble (U.S.), MiX
    Telematics (South Africa), OnStar Corporation,
    (U.S.), Minda Corporation Ltd. (India), AirIQ Inc
    (Canada), Agero Inc., (U.S.), Qualcomm Inc.,
    (U.S.), and ETAS Group (Germany).
  • Technology and Solution (Revenue, USD Million
    20172027)
  • Fleet Tracking and Management
  • Navigation and Location-Based System
  • Driver Management
  • Insurance Telematics
  • Safety Compliance
  • V2X Solutions
  • Others
  • Provider Type (Revenue, USD Million 20172027)
  • Aftermarket
  • OEM

5
Our Approach
Market Summary
  • Vehicle Type (Revenue, USD Million 20172027)
  • Passenger Vehicles
  • Commercial Vehicle
  • Regional Outlook (Revenue in USD Million
    20172027)
  • North America
  • Europe
  • Asia Pacific
  • Middle East Africa
  • Latin America
  • Order Now https//www.reportsanddata.com/checkout
    -form/1504

6
About Us
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
  • John Watson
  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
  • Direct Line 1-212-710-1370
  • E-mail sales_at_reportsanddata.com
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