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Telematics In Automotive Market Size, Research Report - Forecast To 2023
Telematics In Automotive Market Size, Research Report - Forecast To 2023

BriefingWire.com, 9/16/2020 - Overview

The automotive telematics market could expect significant boost in the coming years with the introduction of integrated telematics. Emergence of policies pertaining to driver safety along with the mounting importance of smartphones could benefit the Telematics In Automotive Market.

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.

Opportunities

The Telematics In Automotive Market Size 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.

Segmentation

Depending on the type, the Telematics In Automotive Market Size , 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.

In terms of the vehicle type, the Telematics In Automotive Market Size, includes light commercial vehicles, passenger car, and heavy commercial vehicles.

The distribution channels in the market are original equipment manufacturers (OEMs) and aftermarket.

Regional Analysis

Europe is home to a huge number of automotive telematics system manufacturers and notes a surge in global export of automotive, which is why the region is counted among the strongest contenders. Soaring demand for wireless communication system in commercial and passenger vehicles has also stimulated growth of the Telematics In Automotive Market Size, in the region.

Rising seaborne trade, surging compliance with maritime safety norms, and increasing maritime tourism seems to be boosting market growth in Asia Pacific. Mounting demand for commercial ships, especially from countries like China, India, and Japan combined with the rising investment in autonomous ships is projected to help the market advance in the years ahead.

Access Full Report @ https://www.marketresearchfuture.com/reports/telematics-in-automotive-market-2296

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