Global Consumer Telematics Market Size is Expected to Grow at a CAGR of 32.3% during 2019-2025

Albany, USA, 2019-Jun-11 — /EPR Network/ —The market for Consumer Telematics is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Consumer Telematics Market Size, Status and Forecast 2019-2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Consumer Telematics sector is highlighted in the report which indicates a prosperous future.

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Consumer telematics are communication technologies and services enabling transfer of large amounts of data in and out of passenger vehicles in real-time. This provides consumers in-vehicle services, global positioning System (GPS) navigation, traffic information, local search (for example, for petrol pumps / gas stations or restaurants) and concierge services.
Passenger cars manufactured today offer unique connectivity solutions for better monitoring and tracking. The market is driven by amplified market penetration of smart phones, supportive governmental regulations which call for higher safety and security measures, growing demand for superior driving experience, lowered connectivity cost, and high speed internet technologies such as Long-Term Evolution (LTE).

Consumer telematics includes passenger cars. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. Based on type of telematics, the market is segmented into Automotive Original Equipment Manufacturers (OEM) and Aftermarket. The traditional automotive OEM emphases on traffic safety while aftermarket highlights media, entertainment and other personalized services.
In 2018, the global Consumer Telematics market size was 4630 million US$ and it is expected to reach 43400 million US$ by the end of 2025, with a CAGR of 32.3% during 2019-2025.

This report focuses on the global Consumer Telematics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Consumer Telematics development in United States, Europe and China.

The key players covered in this study
Vodafone Group PLC
Ford Motors Co.
MiX Telematics
Trimble Navigation Limited

Market segment by Type, the product can be split into

Market segment by Application, split into
Car(Owned and Rental Based)
Media & Entertainment
Vehicle manufacturers/dealers
Government agencies

Market segment by Regions/Countries, this report covers
United States
Southeast Asia
Central & South America

Browse Full Report with TOC

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Consumer Telematics Market Size Growth Rate by Type (2014-2025)
1.4.2 Solutions
1.4.3 Service
1.5 Market by Application
1.5.1 Global Consumer Telematics Market Share by Application (2014-2025)
1.5.2 Car(Owned and Rental Based)
1.5.3 Insurance
1.5.4 Healthcare
1.5.5 Media & Entertainment
1.5.6 Vehicle manufacturers/dealers
1.5.7 Government agencies
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Consumer Telematics Market Size
2.2 Consumer Telematics Growth Trends by Regions
2.2.1 Consumer Telematics Market Size by Regions (2014-2025)
2.2.2 Consumer Telematics Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Consumer Telematics Market Size by Manufacturers
3.1.1 Global Consumer Telematics Revenue by Manufacturers (2014-2019)
3.1.2 Global Consumer Telematics Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Consumer Telematics Market Concentration Ratio (CR5 and HHI)
3.2 Consumer Telematics Key Players Head office and Area Served
3.3 Key Players Consumer Telematics Product/Solution/Service
3.4 Date of Enter into Consumer Telematics Market
3.5 Mergers & Acquisitions, Expansion Plans

To be continue@@

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