LeapZipBlog: Steve Blade's blog: Automotive Telematics Market In-depth Analysis, Share and Insights Covering Market Share Forecast 2017 to 2022

Automotive Telematics Market In-depth Analysis, Share and Insights Covering Market Share Forecast 2017 to 2022

August 22, 2019 by Steve Blade  

A recently published report by Fact.MR on automotive telematics market offers comprehensive and intelligent insights into the automotive telematics market. The market study provides a comprehensive analysis of all the crucial factors impacting the performance of automotive telematics market. The report assesses both – the qualitative as well as quantitative growth determinants of the automotive telematics market. In addition, the study on the global automotive telematics market analysis the key macro and microeconomic aspects influencing the growth. An indepth opportunity assessment of the automotive telematics market is incorporated in this report. The study also encompasses thorough insights into the competitive matrix present in the automotive telematics market.

The major chunk of the population banks on communications and content and essays to stretch this capability to their vehicles. Telematics is dishing the automotive industry the tools, systems and methodologies to transform driving into an interactive and engaging connected vehicle user experience. As such, it is functioning as a collation of foundational enablement technologies which lubricates the seamless exchange of information, paramount to creating connected vehicle industry services, ecosystems and applications.

For More Details - A sample of this report is available upon request here -

https://www.factmr.com/connectus/sample?flag=S&rep_id=45

Automotive Telematics Market: Key Insights

  • The automotive telematics market remained resilient by clocking a promising CAGR of 18.8% during the period of 2012-2016
  • The automotive telematics market was valued at over US$ 22 billion in 2018 and is estimated to register a Y-o-Y growth of 23.3% in 2019 over 2018.
  • Europe is expected to remain the largest market for global automotive telematics during the forecast period and account for an estimated 31.4% share by the end of 2019.
  • The embedded segment is anticipated to lead the European automotive telematics market by recording a value of over US$ 4 billion in 2019 and a notable CAGR through 2026. In addition, the region is envisaged to remain highly attractive in the forthcoming years, owing to the high concentration of key players such as Trimble Inc., Masternaut Limited, TomTom N.V., and a few others in this region.

Increasing demand for transportation and rise in the disposable income of consumers have offered lucrative growth opportunities to the automotive industry. With the manufacturers of the auto-industry tapping into the next-gen automotive capabilities, smart technologies like automotive telematics are finding applications in vehicular communication, safety, road transportation, and mapping system. As a result of the increase in the adoption rate of the system, the global automotive telematics market is undergoing through a phase of innovation, wherein the key players have a significant role to play. For instance, Visteon Corporation will showcase a digitally advanced cockpit technology as a crucial shift towards the next-gen automotive. The novel cockpit electronics architecture consists of high resolution display systems with curved non-rectangular edges to enhance the viewing experience for the riders.

Additional significant players profiled in the report that operate in the global automotive telematics market comprise of Harman International Industries, Inc., Magneti Marelli  S.p.A, Airbiquity Inc., Verizon Telematics, Inc., TomTom N.V., Masternaut Limited, and Trimble Inc., among others.

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https://www.factmr.com/connectus/sample?flag=AE&rep_id=45

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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