Automotive (Vehicle) Telematics Market by Vehicle Type (Commercial Vehicle, Passenger Car, and Two-Wheeler), Service (ACN, e-Call, Billing, RSA, Remote Diagnostics, Insurance Risk Assessment, Driver Behaviour) and by Distribution Channel (OEM and Aftermarket): Competitive Market Share & Forecast, 2021 – 2027

ID: VPR/A&T/114 Publishing Year: July 2020 Pages: 344 Format:   


Global Telematics Market was valued at $50.70 billion in 2018, and is expected to reach $320.75 billion by 2027, registering a CAGR of 25.93% from 2021 to 2027.

Telematics is a system for tracking the movement of vehicles and their location by integrating Global Positioning System (GPS) and on-board diagnostic systems that could track speed of the vehicle and internal behaviour of vehicles.Telematics allows for wireless data exchange and sets up a variety of options.Telematics is primarily a collection of different functions, choices and devices connected by a common concept i.e. data and communication.Higher fuel prices along with innovations in mobile connectivity across the automobile industry offer a range of opportunity for development.Motor vehicle insurance companies, fleet management companies and others primarily adopt Telematics services for monitoring a vehicle’s location and behaviour. Telematics solution for vehicles consists of three essential principles i.e. Telematics Control Unit (TCU), cloud server for telematics and the frontend app and smartphone app.

Increased demand for enhanced safety systems in vehicles andgreat demand for connected vehicles are primary factors driving the growth of the Automotive Telematics Market. Furthermore, telematics monitors location of vehicle and provides information about internal behaviour of vehicles through mobile appalso drive the automotive Telematics Market growth. However,Threat of hacking, high maintenance costs hinder growth of Telematics Market. In addition, smart transport network, enhanced autonomous vehicle efficiency offers a considerable market growth opportunity.

Segment Insight

The Telematics Market is segmented based on Vehicle Type, Service, Distribution Channel and Region. Based on Vehicle Type, it is classified intocommercial vehicle, passenger car, and two-wheeler. Based on Service, it is divided intoACN, e-call, billing, RSA, remote diagnostics, insurance risk assessment, driver behaviour. Based on Distribution Channel it is classified intoOEM, aftermarket.

By Vehicle Type Insight

The Telematics Market is segmented by Vehicle Type intocommercial vehicle, passenger car, and two-wheeler.

By Service Insight

The Telematics Market is segmented by service into ACN, e-call, billing, RSA, remote diagnostics, insurance risk assessment, driver behaviour. Fleet management systems enable users to locate rental cars on demand, collect and store engine error messages and detect dangerous driver habits such as speed, rough driving which drive the growth of Telematics Market.

By Distribution Channel Insight

The Telematics Market is segmented by distribution channel into OEM and aftermarket.

Major Key Players of Global Telematics Market

The report provides a comprehensive analysis of the key players operating in the global Telematics Market, such asMix Telematics, Cartrack, TomTom telematics BV, Verizon Connect, Omnitracs, Masternaut Limited, HARMAN International, I.D. Systems, TelectracNavman, Trimble Inc. Most of the key players in telematics are focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.

Telematics Market key Segments:

By Vehicle Type

  • Commercial vehicle
  • Passenger Vehicle
  • Two-wheeler

By Service

  • ACN
  • e-call
  • Billing
  • RSA
  • Remote diagnostics
  • Insurance risk assessment
  • Driver behaviour

By Distribution Channel

  • OEM
  • Aftermarket

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Turkey
    • South Africa
    • Rest of LAMEA


Frequently Asked Questions
The Telematics Market will grow at CAGR 25.93%.
Mix Telematics, Cartrack, TomTom telematics BV, Verizon Connect, Omnitracs, Masternaut Limited, HARMAN International, I.D. Systems, TelectracNavman, Trimble Inc.
Commercial Vehicle will be Leading Vehicle Type Segment in the in the Telematics Market in future.
Increased demand for enhanced safety systems in vehicles and great demand for connected vehicles are primary factors driving the growth of the Automotive Telematics Market. Furthermore, telematics monitors location of vehicle and provides information about internal behaviour of vehicles through mobile app also drive the Automotive Telematics Market Growth.
Asia-pacific region is expected to experience the highest growth in the forecast period 2021-2027.

TABLE OF CONTENTS:

CHAPTER 1 MARKET INTRODUCTION

1.1. REPORT OVERVIEW

1.2. SCOPE OF THE STUDY

1.3. PRIMARY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. C-LEVEL EXECUTIVE’SOVERVIEW AND PERSPECTIVES

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. PRINCIPAL FINDINGS

3.2.1. Key investment pockets

3.2.2. Leading winning strategies

  3.2.3 Key Player Positioning

3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunities

3.4.4. Impact Analysis

3.5. IMPACT OF COVID-19 ON THIS MARKET

CHAPTER 4 TELEMATICS MARKET, BY VEHICLE TYPE

4.1. SYNOPSIS

4.1.1. Market size and forecast

4.2. COMMERCIAL VEHICLE

4.2.1. Key market trends

4.2.2. Growth factors and opportunities

4.2.3. Market size and forecast

4.3. PASSENGER VEHICLE

4.3.1. Key market trends

4.3.2. Growth factors and opportunities

4.3.3. Market size and forecast

4.4. TWO-WHEELER

4.4.1. Key market trends

4.4.2. Growth factors and opportunities

4.4.3. Market size and forecast

CHAPTER 5 TELEMATICSMARKET, BY SERVICE

5.1. SYNOPSIS

5.1.1. Market size and forecast

5.2. ACN

5.2.1. Key market trends

5.2.2. Growth factors and opportunities

5.2.3. Market size and forecast

5.3. E-CALL

5.3.1. Key market trends

5.3.2. Growth factors and opportunities

5.3.3. Market size and forecast

5.4. BILLING

5.4.1. Key market trends

5.4.2. Growth factors and opportunities

5.4.3. Market size and forecast

5.5. RSA

5.5.1. Key market trends

5.5.2. Growth factors and opportunities

5.5.3. Market size and forecast

5.6. REMOTE DIAGNOSTICS

5.6.1. Key market trends

5.6.2. Growth factors and opportunities

5.6.3. Market size and forecast

5.7. INSURANCE RISK ASSESSMENT

5.7.1. Key market trends

5.7.2. Growth factors and opportunities

5.7.3. Market size and forecast

5.8. DRIVER BEHAVIOUR

5.8.1. Key market trends

5.8.2. Growth factors and opportunities

5.8.3. Market size and forecast

CHAPTER 6TELEMATICSMARKET, BY DISTRIBUTION CHANNEL

6.1. SYNOPSIS

6.1.1. Market size and forecast

6.2. OEM

6.2.1. Key market trends

6.2.2. Growth factors and opportunities

6.2.3. Market size and forecast

6.3. AFTERMARKET

6.3.1. Key market trends

6.3.2. Growth factors and opportunities

6.3.3. Market size and forecast

CHAPTER 7TELEMATICSMARKET, BY REGION

7.1 SYNOPSIS

7.2 North America

7.2.1 Key market trends

7.2.2 Competitive scenario

7.2.3 Key growth factors and opportunities

7.2.4 Market size and forecast

7.3 Europe

7.3.1 Key market trends

7.3.2 Competitive scenario

7.3.3 Key growth factors and opportunities

7.3.4 Market size and forecast

7.4 Asia Pacific

7.4.1 Key market trends

7.4.2 Competitive scenario

7.4.3 Key growth factors and opportunities

7.4.4 Market size and forecast

7.5 LAMEA

7.5.1 Key market trends

7.5.2 Key growth factors and opportunities

7.5.3 Market size and forecast

CHAPTER 8 COMPANY PROFILES

8.1. MIX TELEMATICS

8.1.1. Company overview

8.1.2. Company snapshot

8.1.3. Operating business segments

8.1.4. Product portfolio

8.1.5. Business performance

8.1.6. Key strategic moves and developments

8.2. CARTRACK

8.2.1. Company overview

8.2.2. Company snapshot

8.2.3. Operating business segments

8.2.4. Product portfolio

8.2.5. Business performance

8.2.6. Key strategic moves and developments

8.3. TOMTOM TELEMATICS BV

8.3.1. Company overview

8.3.2. Company snapshot

8.3.3. Operating business segments

8.3.4. Product portfolio

8.3.5. Business performance

8.3.6. Key strategic moves and developments

8.4. VERIZON CONNECT

8.4.1. Company overview

8.4.2. Company snapshot

8.4.3. Operating business segments

8.4.4. Product portfolio

8.4.5. Business performance

8.4.6. Key strategic moves and developments

8.5. OMNITRACS

8.5.1. Company overview

8.5.2. Company snapshot

8.5.3. Operating business segments

8.5.4. Product portfolio

8.5.5. Business performance

8.5.6. Key strategic moves and developments

8.6. MASTERNAUT LIMITED

8.6.1. Company overview

8.6.2. Company Snapshot

8.6.3. Operating business segments

8.6.4. Product portfolio

8.6.5. Business performance

8.6.6. Key strategic moves and developments

8.7. HARMAN INTERNATIONAL

8.7.1. Company overview

8.7.2. Company snapshot

8.7.3. Operating business segments

8.7.4. Product portfolio

8.7.5. Business performance

8.7.6. Key strategic moves and developments

8.8. I.D. SYSTEMS

8.8.1. Company overview

8.8.2. Company snapshot

8.8.3. Operating business segments

8.8.4. Product portfolio

8.8.5. Business performance

8.8.6. Key strategic moves and developments

8.9. TELECTRAC NAVMAN

8.8.1. Company overview

8.9.2. Company snapshot

8.9.3. Operating business segments

8.9.4. Product portfolio

8.9.5. Business performance

8.9.6. Key strategic moves and developments

8.10. TRIMBLE INC.

8.10.1. Company overview

8.10.2. Company snapshot

8.10.3. Product portfolio

8.10.4. Key strategic moves and developments

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