Global Automotive Telematics Market was valued at US$ 30.56 Bn in 2021 and is expected to reach US$ 129.14 Bn by 2029, at a CAGR of 19.74% during a forecast period.
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Automotive Telematics Market Scope:
The report provided by MMR is a detailed study of the Automotive Telematics market, this study has also recognized all the major players in the global market based on the factors like volume, share, strategies, growth, etc. The report also suggests strategies for current market players as well as those who want to enter the market. The synopsis is expected to help and strengthen their position in the market
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Market overview:
The report has analyzed the market using various marketing methods like Porter’s five forces, market share analysis, SWOT analysis, etc. In Porter’s five forces, the factors and dynamics of the global market are recognized
This analysis is evaluated on various factors such as patents, government rules, and regulations, the impact of advertisements, the impact of COVID-19. All this data is expected to help in the decision-making process.
Automotive Telematics Market Segment:
Based on Services, the Safety & Security sector is anticipated to dominate the Automotive Telematics market throughout the anticipated time frame. In-car telematics for safety and security combines the use of location technology, mobile connectivity, and vehicle monitoring systems. In recent years, it has been one of the industries with the fastest growth rates worldwide. Vehicle thefts, accidents, security concerns when travelling, and the demand for navigation services, among other things, are some of the main drivers of automotive telematics. Automotive telematics places a lot of emphasis on safety and security.
Automotive telematics can extract data that is useful for undertaking a variety of risk evaluations. Fleet managers can subsequently benefit greatly from these predictive analytics by staying on top of driver safety and technical failures. As a result, the data provides fleet managers with much more than just a way to assess past performance; it also enables them to plan forward and manage operations.
- Global Automotive Telematics Market: Research Methodology
- Global Automotive Telematics Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Automotive Telematics Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Automotive Telematics Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Automotive Telematics Market Segmentation
- Global Automotive Telematics Market, by Type (2021-2029)
- Global Automotive Telematics Market, by Vehicle Type (2021-2029)
- Global Automotive Telematics Market, by Services (2021-2029)
- Regional Automotive Telematics Market(2021-2029)
- Regional Automotive Telematics Market, by Type (2021-2029)
- Regional Automotive Telematics Market,by Vehicle Type (2021-2029)
- Regional Automotive Telematics Market, by Application (2021-2029)
- Regional Automotive Telematics Market, by Services (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Automotive Telematics Market Key players:
• TomTom International B.V.
• I.D. Systems, Inc.
• Agero, Inc.
• Airbiquity, Inc.
• Visteon Corporation
• Aplicom Oy
• Scorpion Automotive Ltd
• iTriangle Infotech Pvt Ltd
• Shenzhen Concox Information & Technology Co., Ltd
• Minda Corporation Limited
• idem telematics GmbH
• Road Track
• ACTIA Group
• BOX Telematics
• Redtail Telematics Corporation
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Regional Analysis:
- North America (Canada, the United States, and Mexico.).
- Europe (France, Russia, Italy, Germany, UK, Turkey, etc.).
- Africa and the Middle East (Egypt and GCC Countries.).
- Asia-Pacific (Vietnam, Philippines, Malaysia, Korea, China, Thailand, Australia, Indonesia, and India, Japan).
- South America (Brazil etc.).
COVID-19 Impact:
COVID-19 has impacted many businesses and industries. The long-term effects of this are also present in the report, problems caused by COVID-19 are also mentioned in this report and the probable solution to those is mentioned too. Considering the COVID-19 norms there are changes in the rules and regulations of the market. The solutions given in the report are expected to help those affected by the Covid-19 crisis.
Highlights Of the Automotive Telematics Market Study:
- It gives a detailed view of the market.
- The report mentions development strategies that will help the users.
- Recent market trends are also listed in the report.
- COVID-19 issues and the solution to those.
- The report is based on historical and current market analysis.
- It also mentions the factors affecting the growth of the market.
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