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(USGovernment-News.Com, January 22, 2019 ) The "Global Automotive Telematics Market Analysis to 2027" is a specialized and in-depth study of the automotive telematics market with a focus on the global market trend. The report aims to provide an overview of the global automotive telematics market with detailed market segmentation by technology, vehicle type, application, and geography. The global automotive telematics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Vehicle based data generation and further its uses for various applications has proved to be of great use to the vehicle drivers and its occupants. Vehicle Telematics implies the use of cellular communication for transmitting the vehicle based data which can be further processed for various Applications. Vehicle Telematics applications ranges over wide spectrum from simple but critical vehicle accident notification to highly sophisticated in-car internet and cloud based computing.
Enhanced focus towards increasing safety for drivers while on the wheels coupled with the need for high level infotainment systems in vehicles has proliferated the growth of automotive telematics market. The higher integration costs associated with telematics hinder the growth of automotive telematics market in recent times. Various rules and regulations being laid down by the concerned bodies regarding provisioning high level safety and driver assist systems in the automobiles by the OEMs provide larger opportunities for the players operating in the automotive telematics market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive telematics market based on technology, vehicle type, and application. It also provides market size and forecast till 2027 for overall automotive telematics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The automotive telematics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive telematics market in these regions.
Also, key automotive telematics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years. Some of the key players influencing the market are Fleetmatics IrL Ltd., Visteon Corporation, Trimble Navigations, Airbiquity Inc., and Omnitracs LLC. Also, Autotrac, TomTom Telematics, Teletrac Inc., Agero Inc., and Masternaut Ltd. are a few other important players in the automotive telematics market.
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