Goldstein Market
Date of publication: 05 April 2019
Automotive Telematics Market Positively Impacted by Security Concerns and Government Automotive Safety Norms-Goldstein Research
Global Automotive Telematics Market Projected to grow at a CAGR of 24.2% over the Forecast Period 2016-2024.

According to Goldstein Research, global automotive telematics market is expected to reach USD 98.76 billion by 2024 from USD 17.38 billion in 2015, growing at a CAGR of 24.2% during the forecast period 2016-2024. The automotive telematics market growth is largely impacted by the rising number of road accidents and security concerns among the users. Moreover, the government automotive safety norms are also witnessed to be favoring the adoption of telematics in passenger and commercial vehicles which is further positively driving the growth of global automotive telematics market. Further geographically, global automotive telematics market is dominated by North America with a market share of 34.0%, followed by Europe market share of 28.0%.

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Market Segmentation

Global Automotive Telematics Market can be segmented as follows:

By Telematics Devices

  • Embedded Devices
  • Tethered Devices
  • Smartphone Integration

By Communication Types

  • Vehicle-to-Vehicle
  • Vehicle-to-Infrastructure
  • In-Vehicle

By Applications

  • E-Call and roadside Assistance
  • Vehicle Diagnostics
  • Infotainment
  • Stolen Vehicle Tracking
  • Fleet Management
  • Other (Toll Collection and Road Charges etc.)

By Region

  • North America Automotive Telematics Market Analysis, 2016-2024
  • Europe Automotive Telematics Market Analysis, 2016-2024
  • Middle East and Africa Automotive Telematics Market Analysis, 2016-2024
  • Latin America Automotive Telematics Market Analysis, 2016-2024 (%)}
  • Asia Pacific Automotive Telematics Market Analysis, 2016-2024
  • Rest of the World Automotive Telematics Market Analysis, 2016-2024

Global Automotive Telematics Market report by Goldstein Research highlights a comprehensive overview of the global automotive telematics market. The report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of the automotive telematics market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global automotive telematics market analyzed in the report are AT&T Inc., Telefonica, Telenor Connexion, BMW AG, General Motors, FCA Group, Tesla Motors, Airbiquity Inc., Agero Inc., Continental AG, Verizon, etc.

Further, the report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Automotive Telematics Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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