Automotive
Global Consumer Telematics Market is Valued $16.6Billion in the year 2017 and is Anticipated to Grow with a CAGR of 26.54% from the year 2018 to 2023.
According to the new market research report by IndustryARC titled “Consumer Telematics Market By Technology (Integrated, Embedded & Tethered); Services (GPS, Navigation Systems, Car Diagnostics, Fleet Management & Others), Industry, Components & Geography – Forecast (2018–2023),” the market will be driven by increased sales of automobiles.
The Americas to dominate the Consumer Telematics Market
Americas will dominate the Consumer Telematics Market due to the extensive research and development activities taking place in the region.
Asia Pacific is the second biggest market for telematics owingtothe growth of the fleet management market in China.
Selected Regulatory Analysis Done in the Consumer Telematics Market Report:
The Insurance Telematics segment will dominate the Consumer Telematics Market in the coming years. This is followed by the Infotainment, navigation, and location based telematics solutions. These segments are expected to generate huge revenues in the future. Media and entertainment and healthcare sectors are also expected to adopt consumer telematics.
Selected Driving Factors Mentioned in the Consumer Telematics Market Report
- Government initiatives will drive the growth of the consumer telematics market. In Europe and America, for instance, the governments have been offering tax credits for telematics customers in the fleet insurance and management sectors.
- Advanced technologies will reduce the production costs of telematics products during the forecast period, thereby driving the growth of the telematics industry.
- The automotive industry has witnessed an increase in the number of unit sales even while recovering from recession. This factor indicates that there will be no dearth of demand for telematics solutions in the near future.
- Government regulations for higher security measures and growing amplified market penetration of smartphones will propel the consumer telematics market.
- Consumer Telematics Market Analysis By Classification
- By Industry
- By Services Offered
- By Components
- By Markets
- By Technology
- Consumer Telematics Market Growth By Geography (13+ countries)
- Consumer Telematics Market Entropy
- Company Profiles
- Omnitracs Ltd.
- BMW AG (Assist)
- Ford Motor Co. (SYNC)
- General Motors (OnStar)
- Agero Connected Services Inc.
- Harman Infotainment
- Toyota Motors (Entune)
- Bosch Automotive Technologies
- Alpine Electronics Inc.
- Continental Automotive
- Airbiquity Inc.
- Trimble Navigation Ltd
- Fleetmatics GPS
- Novatel Wireless
- Telogis Inc
- Auto Page Inc.
- MiX Telematics
- NavMan
- TomTom NV
- Verizon Telematics
- Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
- Consumer Telematics Market Size by Product Categories
- Consumer Telematics Market trends
- Manufacturer Landscape
- Distributor Landscape
- Pricing Analysis
- Top 10 End user Analysis
- Product Benchmarking
- Product Developments
- Mergers & Acquisition Analysis
- Patent Analysis
- Consumer Telematics Demand Analysis (By Revenue & Volume)
- Country level Analysis (15+)
- Competitor Analysis
- Consumer Telematics Market Shares Analysis
- Consumer Telematics Market Value Chain Analysis
- Consumer Telematics Market Supply Chain Analysis
- Consumer Telematics Market Strategic Analysis
- Current & Future Market Landscape Analysis
- Consumer Telematics Market Opportunity Analysis
- Consumer Telematics Market Revenue and Volume Analysis
- Consumer Telematics Market Analysis (2018–2023)
- North America Consumer Telematics Market Share (2018–2023)
- South America Consumer Telematics Market Growth (2018–2023)
- Europe Consumer Telematics Market Forecast (2018–2023)
- Asia Pacific Consumer Telematics Market Analysis (2018–2023)
- Row Consumer Telematics Market Share (2018–2023)
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