Telematics systems deal with communication (sending, receiving, and storing information) regarding the vehicle. They also collect information from different on-board sensors, such as vehicle speed, braking system, ADAS, airbags, and transmission control system.
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The analysts forecast global automotive telematics market to grow at a CAGR of 17.70% during the period 2018-2022.
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Covered in this report
This report covers the present scenario and the growth prospects of the global automotive telematics market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: Americas, APAC & EMEA
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The report, Global Automotive Telematics Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Key vendors: Agero, Airbiquity, Continental, Verizon, Visteon & TomTom International
Market driver: Adoption of telematics enables UBI for insurance cost saving
Market challenge: High cost associated with telematics services
Market trend: Growing popularity of API
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Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?