Global Consumer Telematics Market Overview
Consumer telematics is a technology used to transfer a large amount of data from one vehicle to other vehicle infrastructure. Telematics monitor the vehicle with the help of the GPS system. It maps and records the correct location of the vehicle and also gives information regarding the speed of the vehicle. Telematics also provides information regarding vehicle management like fuel monitoring, maintenance schedule, and seat belt monitoring.
Global Consumer Telematics Market Dynamics
Increasing demand for superior driving experience
In some regions such as Brazil and China, the government legislation makes it compulsory for everyone to adopt telematics in vehicles. In addition, growing concern related to vehicle safety tracking and security are boosting the demand for consumer telematics solution in these regions.
Technology collaborations and agreements
In past few years, telematics has brought insurance companies and auto manufacturer into alliance, with both the industry realizing the potential and importance of telematics. Automakers found advantage in using telematics as it helps them to keep the strong trust of the customer in terms of fuel safety and efficiency.
Rising demand for big data analytics
Increasing demand for big data analytics and related services is also a main factor impelling the growth of the global market. Further, proliferation of cloud-based services in order to deliver personalized experience to the end-user is also projected to boost the market’s demand growth.
However, high-cost of consumer telematics equipment, growing hacking activity, and poor internet connectivity in developing economies is anticipated to hamper growth of the global market.
Global Consumer Telematics Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global consumer telematics market is segmented based on type, application, end-user, and region.
On the basis of type, the global consumer telematics market is segmented into automotive OEM services (embedded and hybrid) and After Market (embedded and portable). Based on application, the global market is classified into solutions and services. On the basis of end-user, the global market is classified into car (owned and rental based), insurance, healthcare, media & entertainment, vehicle manufacturers/dealers, and government agencies.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region, the global consumer telematics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, the global market in North America is projected to emerge as the dominant region with the development of several products and programs regarding consumer telematics. The Asia Pacific is also projected to register considerable growth over the forecast period due to high automotive demand across the regional market.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2019 |
|
Forecast period |
2019 – 2029 |
|
Market representation |
Revenue in USD Million & CAGR from 2019 to 2029 |
|
Market Segmentation |
By Type - Automotive OEM Services (Embedded and Hybrid) and After Market (Embedded and Portable) By Application – Solution and Services By End-user - Car (owned and rental based), Insurance, Healthcare, Media & Entertainment, Vehicle manufacturers/dealers, and Government agencies |
|
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 |
|
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 2019 to 2029. For the purpose of this study, has segmented the global consumer telematics market report based on product type, application, end-user, and region:
Global Consumer Telematics Market, By Product Type:
- Automotive OEM Services
- Embedded
- Hybrid
- After Market
- Embedded
- Portable
Global Consumer Telematics Market, By Application:
- Solutions
- Fleet/Asset Management
- Navigation and location based
- Infotainment
- Insurance Telematics
- V2v and V2i
- Tele-health
- Remote Alarm & Monitoring
- Services
- Design & Consulting
- Integration & Deployment
- Maintenance & Training
Global Consumer Telematics Market, By End-user:
- Car (owned and rental based)
- Insurance
- Healthcare
- Media & Entertainment
- Vehicle manufacturers/dealers
- Government agencies
Global Consumer Telematics Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Consumer Telematics Market Key Players
The key players operating the global consumer telematics market includes Verizon communications, AT&T Inc., Ford Motor Company, BMW AG, Robert Bosch GmbH, Valeo S.A, Harman International industries, Vodafone Group Plc., Telefonica S.A, and Continental AG. For instance, on September 2018, Ford Motor Company declared new Ford Telematics and Ford data services solutions for fleet customers.
Global Consumer Telematics Market Company Profile
- Verizon communications
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AT&T Inc.
- Ford Motor Company
- BMW AG
- Robert Bosch GmbH
- Valeo S.A
- Harman International industries
- Vodafone Group Plc.
- Telefonica S.A
- Continental AG
“*” marked represents similar segmentation in other categories in the respective section
Global Consumer Telematics Market Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Consumer Telematics Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End-user
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- 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 Consumer Telematics Market, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Automotive OEM Services
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Embedded
- Hybrid
- After Market
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Embedded
- Portable
- Overview
- Global Consumer Telematics Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Solutions
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Fleet/Asset Management
- Navigation and location based
- Infotainment
- Insurance Telematics
- V2v and V2i
- Tele-health
- Remote Alarm & Monitoring
- Services
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Design & Consulting
- Integration & Deployment
- Maintenance & Training
- Overview
- Global Consumer Telematics Market, By End-user, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Car (owned and rental based)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Insurance
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Media & Entertainment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Vehicle manufacturers/dealers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Government agencies
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Consumer Telematics Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-user, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Verizon communications
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- AT&T Inc.
- Ford Motor Company
- BMW AG
- Robert Bosch GmbH
- Valeo S.A
- Harman International industries
- Vodafone Group Plc.
- Telefonica S.A
- Continental AG
- Verizon communications
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global consumer telematics market is segmented based on type, application, end-user, and region.
Increasing demand for superior driving experience and Technology collaborations and agreements
In the global market, North America is expected to emerge as the dominant region with the development of several products and programs regarding consumer telematics.
Leading key players are concentrating on the development and launching of new products and services in the market. For instance, in September 2018, Ford Motor Company declared new Ford Telematics and Ford data services solutions for fleet customers.