Telematics In Automotive Market Share| COVID 19 Analysis, Challenges and Future Forecast To 2023

Telematics In Automotive Market Share

The global Telematics In Automotive Market Share’s growth is expected to be at a rate of a whopping 20% during the forecast period (2017-2023), reveals Market Research Future (MRFR).

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Systems like vehicular emergency warning systems, automatic driving systems, Global Positioning System (GPS) navigation, wireless safety communications, and driving assistance systems are significant offerings of automotive telematics systems. The system based on informatics and telecommunications is merged with Wireless Access for Vehicular Environment (WAVE) and Intelligent Transportation Systems (ITS), which optimizes the overall functionality.  

Top Players

The top vendors enlisted in the MRFR report include AT&T Inc. (the U.S.), TomTom International B.V. (Netherlands), Telogis (the U.S.), Visteon Corporation (the U.S.), Trimble, Inc. (the U.S.), Masternaut Limited (France), Verizon Communications, Inc. (the U.S.), Harman International Industries, Inc. (the U.S.), Continental AG (Germany), Trimble Inc. (the U.S.), Robert Bosch GmbH (Germany), Delphi Automotive PLC (the U.K.), Airbiquity, Inc. (the U.S.), and others.

Market Opportunities

The Telematics In Automotive Market Share is predicted to provide various opportunities to automotive suppliers for developing Human-Machine Interface (HMI) in the upcoming years. Pay-per-use, installation of black boxes for safety and security services, free premium services for navigation and entertainment applications and generation of subscription revenues are touted to be few more important short-term benefits furnished by the automotive telematics market in the next few years.

Another critical opportunity inundating the market includes the arrival of new players and progress of established vendors, owing to advancements in variant and diverse telematics systems.

Market Segmentation

The worldwide COVID-19 Analysis has been segregated with respect to type, application, systems, distribution channel, and vehicle type.

Depending on the type, the Telematics In Automotive Market Share has been considered for embedded, integrated, and tethered.

Application-based segments mentioned in the report include vehicle tracking, fleet management, satellite navigation, vehicle safety communication, and others.

Systems-wise, the COVID-19 Analysis caters to driving assistance, global positioning system (GPS), telematics control unit, vehicular emergency warning systems, vehicle tracking systems, and others.

Regional Analysis

The Telematics In Automotive Market Share has been studied by MRFR in the primary regions of Asia Pacific, North America, Europe, as well as the rest of the world (RoW).

North America is perceived to be the most profitable market for telematics in automotive. Rising adoption of automotive telematics system to enhance vehicle and passenger safety as well as fast adoption of sophisticated technology that improve vehicle performance benefits the market.

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