Global Automotive Telematics Market Projected to grow at a CAGR of 24.2% over the Forecast Period 2016-2024

Posted on 2018-09-20 by Goldstein Research in Automotive // 0 Comments

New York, USA, 2018-Sep-20 — /EPR Network/ —

According to Goldstein Research, global automotive telematics market size is expected to reach USD 98.76 billion by 2024 from USD 17.38 billion in 2015, growing at a CAGR of 24.2% during the forecast period 2016-2024. The global automotive telematics market grow this largely impacted by the rising number of road accidents and security concerns among the users. Moreover, the government automotive safety norms are also witnessed to be favoring the adoption of telematics in passenger and commercial vehicles which is further positively driving the growth of global automotive telematics market. Further geographically, global automotive telematics market is dominated by North America with a market share of 34.0%, followed by Europe market share of 28.0%.

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Market Segmentation

Global Automotive Telematics Market can be segmented as follows:

By Telematics Devices

Embedded Devices
Tethered Devices
Smartphone Integration

By Communication Types

Vehicle-to-Vehicle
Vehicle-to-Infrastructure
In-Vehicle

By Applications

E-Call and roadside Assistance
Vehicle Diagnostics
Infotainment
Stolen Vehicle Tracking
Fleet Management
Other (Toll Collection and Road Charges etc.)

By Region

North America Automotive Telematics Market Analysis, 2016-2024
Europe Automotive Telematics Market Analysis, 2016-2024
Middle East and Africa Automotive Telematics Market Analysis, 2016-2024
Latin America Automotive Telematics Market Analysis, 2016-2024 (%)}
Asia Pacific Automotive Telematics Market Analysis, 2016-2024
Rest of the World Automotive Telematics Market Analysis, 2016-2024

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“Global Automotive Telematics Market Outlook 2024” highlights a comprehensive overview of the global automotive telematics market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by telematics devices, communication types, application, and geography.

The Global Automotive Telematics Market Analysis Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of the automotive telematics market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global automotive telematics market analyzed in the report are AT&T Inc., Telefonica, Telenor Connexion, BMW AG, General Motors, FCA Group, Tesla Motors, Airbiquity Inc., Agero Inc., Continental AG, Verizon, etc.

Further, Global Automotive Telematics Market Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Automotive Telematics Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

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