Global Automotive Telematics Market By Overview
Introduction:
Telematics involves monitoring location and movement of a vehicle by linking global positioning system (GPS) and on-boards diagnostics systems. GPS and diagnostics system helps to record the speed and internal behavior of vehicles. Telematics systems are mainly adopted by fleet man installation companies, automobile insurance companies, and others to monitor behavior and location of a vehicle. The information is shared between vehicle and the telecommunications company via wireless cellular connection. Tracking work trucks on their daily routes, electronically monitoring fuel usage and mileage are some of the examples of telematics. The purpose of telematics is to deliver digital blueprint of every aspect of vehicles, helping managers to understand where improvements are needed, and enhancing standards of vehicles. The global automotive telematics market accounted for US$ 41.23 billion in 2020 and is estimated to be US$ 217.65 billion by 2030 and is anticipated to register a CAGR of 18.3%.
Global Automotive Telematics Market By Dynamics
Rising technological advancement
Rising adoption of connected vehicle technology in commercial vehicle is the primary factor driving growth of the global market. Some of the emerging sensor-based technologies are recognition of collision avoiding maneuvers, road signs, driver face-expression detection, pre-crash deployment of airbags and seatbelts, obstacle detection and so on. These sensors are used to sense and react to the obstacles and also ensure the safety of the commuters. There is a dynamic shift in terms of demand-side behavior in the automotive industry. For example, BMW vehicles connect to Deutsche Telekom's Smart Home app to offer users control for their home heating and lighting. The new car ownership Products such a cab services, carpooling, rentals are raising in number due to several reasons like environmental concerns, traffic congestion, and so on. To adapt to these changes, the OEMs are focusing on driverless, autonomous vehicle concept, thus driving growth of the global market.
However, technical related challenges and maintenance cost of such technologies might hamper growth of the global market to a certain extent.
Global Automotive Telematics Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report
The global automotive telematics market is segmented based on product, vehicle, installation, application, and region.
Based on product, the global automotive telematics market is segmented into embedded devices, tethered devices, and integrated smartphones. Based on vehicle, the target market is classified into passenger cars and commercial vehicles. Based on installation, the global market is segmented into OEM and aftermarket. Based on application, the global market is classified into remote diagnostics, navigation & infotainment, safety & security, and others.
Regional Insights:
The global automotive telematics market accounted for US$ 41.23 billion in 2020 and is estimated to be US$ 217.56 billion by 2030 and is anticipated to register a CAGR of 18.3%. On region the global Automotive telematics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is dominated the largest market share. Growing demand for productivity across the commercial vehicle sector and rising penetration of 4G networks is one of the primary factors boosting growth of the Asia-Pacific region. In addition, growing system innovations and investments in the R&D for product launch is supplementing growth of the European region. Moreover, luxury vehicles having high spending power are fueling the demand in the automotive industry in the European region. Rising adoption of electric vehicles and growing popularity are one of the major factors leading to the development of the European region. Germany, Norway, the UK, and France contribute to the highest revenues in the European market.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product- Embedded Devices, Tethered Devices, and Integrated Smartphones By Vehicle– Passenger Cars and Commercial Vehicles By Installation– OEM and Aftermarket By Application- Remote Diagnostics, Navigation & Infotainment, Safety & Security, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global automotive telematics market report based on product, vehicle, installation, application, and region.
Global Automotive Telematics Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Automotive Telematics Market By Key Players
The key players operating in the global automotive telematics market includes Masternaut Limited, Trimble Inc., TomTom Telematics B. V, Verizon, Inc., I.D. Systems, Inc., Robert Bosch GmbH, Airbiquity Inc., MiX Telematics, Harman International Industries, Inc., Teletrac Navman, and CARTRACK.
Global Automotive Telematics Market By Company Profile
- Masternaut Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Trimble, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TomTom Telematics B.V
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Verizon, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- I.D. Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Airbiquity, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MiX Telematic
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Harman International Industries, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Teletrac Navman
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CARTRACK
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Automotive Telematics Market By Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By Vehicle
- Market Snippet, By Installation
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Automotive Telematics Market, By Product, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Embedded Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Tethered Devices
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Integrated Smartphones
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Telematics Market, By Vehicle, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Passenger Cars
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Commercial Vehicles
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Telematics Market, By Installation, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- OEM
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Aftermarket
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Telematics Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Remote Diagnostics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Navigation & Infotainment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Fleet Maninstallationment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Safety & Security
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Automotive Telematics Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Installation, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Installation, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Installation, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Installation, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Vehicle, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Installation, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Masternaut Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Trimble, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- TomTom Telematics B.V
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Verizon, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- I.D.Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Airbiquity, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- MiX Telematics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Harman International Industries, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Teletrac Navman
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Masternaut Limited
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- Section
- Research Methodology
- About Us
- Contact
FAQs
The Global Automotive Telematics market is segmented into basis of product, vehicle, installation, application, and region.
Government rules for vehicle telematics, as well as a rise in the popularity of connectivity options, are propelling the sector forward.
By region, North America is the largest segment for automotive telematics market in terms of region. The automotive telematics market in Asia-Pacific is expected to be propelled by major automotive electronics components manufacturing industries in China, Japan, and India.
The Key players operating in the global Automotive Telematics market include Masternaut Limited, Trimble Inc., TomTom Telematics B.V, Verizon, Inc., I.D.Systems, Inc., Robert Bosch GmbH, Airbiquity Inc., MiX Telematics, Harman International Industries, Inc., Teletrac Navman, and CARTRACK.