Global Automotive OEM Telematics

 decision foresight.png

Global Automotive OEM Telematics Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030


The global automotive OEM telematics market is projected to reach USD 711.7 billion by 2030 from USD 64.7 billion in 2020, at an approximate CAGR of 27.1%.Telematics is the process of monitoring location and movement of a vehicle by combining Global Positioning System (GPS) and on-boards diagnostics systems. With the help of GPS and diagnostics system, it is possible to record the speed and internal behaviour of vehicles. Automotive OEM telematics is an amalgamation of telecommunication and information technology that provides various services, such as navigation and safety and security to vehicles. The main function of telematics is vehicle tracking, trailer tracking, container tracking, car sharing, emergency warning systems for vehicles and others. Telematics systems are mainly adopted by automobile insurance companies, fleet management companies, to monitor location and performance of a vehicle. Vehicle telematics solution comprises of three vital parameters - Telematics Control Unit (TCU), Telematics cloud server, and the front end- web app and mobile App. The cloud-based telematics server consists of a web server, an application server, and a database. The information collected by TCU is sent to cloud-based telematics server through a GPRS/cellular network over HTTPS and later the data stored in the telematics server can be accessed by end users using either a desktop or mobile application. 

Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020105

Market Dynamics and Factors:

Rising awareness, advancements in smartphones, high speed internet connectivity, and developed GPS technology have changed the telematics business rapidly. Moreover, increasing awareness about driver’s safety and growing influence of safety regulations imposed by various governments have made telematics an essential component for vehicles. For instance, in April 2018, government of India passed a rule for all public transport vehicles over six-seater capacity to have a tracking device installed in them. Additionally, in December 2017, the Ministry of Industry and Information Technology and the Standardization Administration of China mutually established national guidelines for the development of telematics systems in the country. Furthermore, better acceptance of advanced technologies and gadgets, such as mobile phones, laptops, smart phones, tablets, telecommunications and many other technological goods in developed and developing regions is also attributing to the growth of the automotive telematics market across the globe. However, certain factors like high installation costs and threat of data hacking are restraining the market growth of the global automotive OEM telematics market.

Market Segmentation:

  • Global Automotive OEM Telematics Market – By Channel

    • OEM (Original Equipment Manufacturer)

    • Aftermarket

  • Global Automotive OEM Telematics Market – By Vehicle Type

    • Passenger Car

    • Commercial Vehicle

    • Two-Wheeler

  • Global Automotive OEM Telematics Market – By Application

    • Fleet Management

    • Navigation & Location-Based System, Infotainment System

    • Insurance Telematics

    • Safety & Security

    • V2x

    • Others

  • Global Automotive OEM Telematics Market – By Connectivity Solution

    • Embedded

    • Integrated Smartphones

    • Tethered

  • Global Automotive OEM Telematics Market – By Geography

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • France

      • Germany

      • Italy

      • Rest of Europe

    • Asia-Pacific

      • Japan

      • China

      • India

      • Australia

      • Rest of Asia Pacific

    • ROW

      • Latin America

      • Middle East

      • Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020105 

Geographic Analysis:

North America dominates the automotive OEM telematics market in terms of market share and is expected to maintain this dominance during the forecast period. North America is the most advanced market in terms of premium telematics services with a significantly high attach rate. For instance, General Motors has offered telematics services for more than two decades, offering the technology as an integral part of its value proposition in North America. BMW introduced its connected drive service in North America in 1997. The Asia Pacific region is anticipated to witness the fastest market growth during the forecast period. For instance, China is projected to dominate the APAC automotive OEM telematics market owing to increasing government regulations pertaining to safety and security. Other developed markets such as Japan and South Korea are also contributing significantly to the automotive OEM telematics market growth of the APAC region by exhibiting higher attach rates.     

Competitive Scenario:

The key players operating in the global automotive OEM telematics market are -  

Agero Inc., Intel Corporation, LG Electronics, Panasonic Corporation, Qualcomm Technologies Inc., Trimble Inc., Robert Bosch GmbH, Delphi Technologies, NTT Docomo, Inseego Corp, Vodafone Automotive SpA.

Connect to Analyst @ https://www.decisionforesight.com/speak-analyst/DFS020105 

How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

  2. Exclusive insight into the key trends affecting the Global Automotive OEM Telematics industry, although key threats, opportunities and disruptive technologies that could shape the Global Automotive OEM Telematics Market supply and demand.

  3. The report tracks the leading market players that will shape and impact the Global Automotive OEM Telematics Market most.

  4. The data analysis present in the Global Automotive OEM Telematics Market report is based on the combination of both primary and secondary resources.

  5. The report helps you to understand the real effects of key market drivers or retainers on Global Automotive OEM Telematics Market business.

The 2021 Annual Global Automotive OEM Telematics Market offers:

  • 100+ charts exploring and analysing the Global Automotive OEM Telematics Market from critical angles including retail forecasts, consumer demand, production and more

  • 15+ profiles of top producing states, with highlights of market conditions and retail trends

  • Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

  • Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Automotive OEM Telematics Market type

Buy This Premium Research Report@ https://www.decisionforesight.com/checkout/DFS020105 

About Us:

Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

Contact:

Email: sales@decisionforesight.com

For Latest Update Follow Us:

https://www.facebook.com/Decision-Foresight-110793387201935

https://twitter.com/DecisionFs

https://www.linkedin.com/company/decision-foresight/

Comments

Post a Comment

Popular posts from this blog

Global Alopecia

Image
  Global Alopecia Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 The global alopecia market accounted 2.8 billion USD in 2020 and is predicted to reach 7 billion USD by 2030 with a CAGR of 9.4% during the forecast timeframe.Alopecia refers to hair loss from parts of the head or body regardless of any age group across the genders. Various factors like sedentary lifestyles, unhealthy eating habits, growing stress levels, hormonal imbalance, hypertension, and depression attribute to alopecia but the actual causative reason is still unknown. Furthermore, aging and chronic disorders also lead to alopecia. The above mentioned factors are the key drivers responsible for the growth of the alopecia treatment market. The number of people seeking alopecia treatment is very high in developing countries and is growing in emerging economies.  Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https:/
Read more

Global Brain Tumor Diagnostics and Therapeutics

Image
  Global Brain Tumor Diagnostics and Therapeutics Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 The global brain tumor diagnosis and therapeutics market is accounted approximate USD 1.4 billion in 2020 and it is expected to reach approximate USD 4.5 billion by 2030 with a CAGR of 12.5% during forecast period. Brain tumor can occur in any age group. Neurologists treat the tumor on the basis of tumor type, tumor location, and tumor size.A brain tumor is a mass, of abnormal cells in the brain of human body. The skull which encloses the brain is very rigid and growth inside such a restricted space causes various problems. Moreover, brain tumors can be cancerous or non-cancerous. Additionally brain tumor can cause brain damage, and it can be life threatening.  Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020184 Market Dynamics and Fac
Read more

Global Pharmaceutical

Image
  Global Pharmaceutical Contract Manufacturing Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 The global Pharmaceutical Contract Manufacturing market is accounted approximate USD 100.7 billion in 2020 and it is expected to reach approximate USD 207.5 billion by 2030 with a CAGR of 7.50 % during forecast period.A contract manufacturing organization (CMO), helps various companies in the pharmaceutical industry on a contract basis to provide comprehensive services from drug development through drug manufacturing. It is also called as contract development and manufacturing organization (CDMO). This allows major pharmaceutical companies to outsource those aspects of the business, which can help them expanding or can allow the major company to focus on drug discovery and drug marketing. With the rising demand for generic biologics and medicines, the complex manufacturing requirements, the capital-intensive nature of the business, and many pharmaceutical companies have rec
Read more