The Global Automotive Telematics Market report assesses the market size, share, revenue, and sales and distribution in the historical years (2017-2018) to offer an accurate forecast estimation for the same during the period of 2020-2027. Furthermore, it studies the existing competitive landscape with a focus on leading companies and their expansion strategies to project their growth and expansion in the forecast period. The report further offers an extensive overview of the market, along with an in-depth summary of the market’s leading players. The report ends with a conclusive data offering accurate insights into the growth of the market on both the regional and global scales.
The stringent rules set by the government in association with property identification coupled with increased usage of cloud-based technology is likely to drive the expansion of the global Automotive Telematics Market.The research report draws focus on the impact of the COVID-19 pandemic on the market and its crucial segments. It offers insights into the effects of the pandemic on the global economic scenario and business sphere. The report evaluates the key market influencing factors and considers the COVID-19 pandemic as one of the contributing elements.
Market Size – USD 63.83 Billion in 2019, Market Growth - CAGR of 26.4%, Market Trends – Adoption of technology in the automobile sector.
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The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Financial difficulties brought by the pandemic have slowed down the progression of the businesses, and disruptions in the supply chains have been seen. The report assesses the comprehensive impact of the pandemic on the overall growth of the Automotive Telematics Market and offers a future impact assessment.
Key participants include Trimble Inc., Omnitracs, Verizon, I.D.Systems Inc., Masternaut Limited, Airbiquity Inc., TomTom Telematics B.V, Harman International Industries, Inc., MiX Telematics, Teletrac Navman, and Cartrack.
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
Applications Outlook (Revenue, USD Billion; 2017-2027)
Navigation and Location Based System
Safety and Security
Connectivity Solutions Outlook (Revenue, USD Billion; 2017-2027)
Applications Outlook (Revenue, USD Billion; 2017-2027)
Park Assist System
Lane Departure Warning System
Adaptive Cruise Control System
Autonomous Emergency Braking System
Blind Spot Detection
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Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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The study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. The report also covers the segmentation of the market based on product types, application spectrum, and key regions. The investigative study assesses the
Global Automotive Telematics Market with regards to market size, market share, and revenue. Furthermore, the report also assesses the market based on market reach and consumer base in the key geographical regions of the world. The report also provides an extensive analysis of the key players with regards to their market size, market share, sales volume, production and consumption rate, expansion strategies, and overall competitive scenario.
The report offers an industry-wide and economy-wide analysis of the market along with supply and demand dynamics, sales, and production and manufacturing capacity. It also reviews the rate of production and consumption, sales network and distribution channel, pricing analysis, profit margins, cost and demand volatility, import/export, gross revenue, among others. The study offers the readers an extensive coverage of the market scenario, including in-depth analysis of the key aspects such as drivers, restraints, limitations, growth prospects, macro- and micro-economic factors, and other key elements that are likely to influence the growth of the industry.
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It evaluates the presence of the global Automotive Telematics Market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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