Global Automotive Telematics Market Report

Global Automotive Telematics Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR1800

The global automotive telematics market is poised to experience significant boost over the forecast period. Introduction of integrated telematics along with policies for driver safety and rising importance of smartphones are the influencing factors for the automotive telematics market. Telecom operators are expected to have immense scope owing to potential for risk management through the next six years. An integrated transportation network of shared and private cars as well as other modes of transportation is made available by mobility integrators in the global automotive telematics market.

Systems such as automatic driving systems, vehicular emergency warning systems, driving assistance systems, Global Positioning System (GPS) navigation, and wireless safety communications have been generated by automotive telematics systems. The system built on informatics and telecommunications is compressed into Intelligent Transportation Systems (ITS) and Wireless Access for Vehicular Environment (WAVE).

Vehicular mishaps and rising occurrences of road accidents are expected to drive the global automotive telematics market through the next six years. The requirement of safety measures has significantly increased owing to rise in the number of vehicles. The market is expected to witness significant boost owing to serious concerns for minimizing human casualties and vehicular damages. Major issues such as disoriented transits, need for effective vehicular mass transportation, and traffic congestions have occurred due to increased traffic on the road. Through intuitive vehicular guidance, automotive telematics systems are anticipated to offer a solution over the forecast period.

The global automotive telematics market is estimated to face few complexities owing to communication breakdowns and error rates. The telematics systems are extremely sensitive to the extent that a single error could cause heavy and serious breakdowns. Based on the information collected by sensors, key monitoring decisions are taken by the control unit. In case of a communication breakdown, these automotive systems are expected to tackle system failures over the forecast period owing to complete reliance on the digital networks. The worldwide acceptance of telematics is resulted from the emergence of regulatory initiatives taken by government for security and safety.

The market is expected to offer immense opportunities in Human-Machine Interface (HMI) development to automotive suppliers over the forecast period. Installation of black boxes for security and safety services, pay-per-use, generation of subscription revenues and free premium services for entertainment and navigation applications are estimated to be the other short-term benefits provided by the global automotive telematics market through the next six years.

Automotive telematics has scope in navigating systems as well as mass transportation systems. The mobile vehicle system in individual vehicles is in communication with a stationary communication system. Supplementary characteristics of automatic telematics system are usage of primary input devices, efficient utilization of power, and visualization of vehicle position on digital maps. Other promising aspects of the system such as trailer tracking and automobile insurance are expected to fuel the global automotive telematics market. Immense opportunities for new entrants as well as existing players in the global automotive telematics market owing to development of diverse and variant telematics systems is expected to drive the market over the next six years.

On the basis of services, the global automotive telematics can be categorized into information & navigation, safety & security, remote diagnostics, and entertainment. On the basis of the type of system, the market can be divided into tethered, embedded, and integrated systems. The automotive telematics systems consist of modules such as location technology, wireless communications and in-vehicle electronics, which are used for Vehicle-to-Infrastructure (V2I), Vehicle-to-Vehicle (V2V), and Vehicle-to-Devices (V2D) communication.

North America is expected to have a significant share of the global automotive telematics market, followed by Europe. In the vehicle category, Japan and the U.S are the key users of automotive telematics system. Emerging markets such as India and China are estimated to boost the global automotive telematics over the next six years.

The market consists of stakeholders such as the Telematics Service Providers (TSPs), automotive sector, telecom sector, information technology, and hardware manufacturers. Major vendors in the global automotive telematics market are ID Systems Inc., Autotrac, Teletrac Inc., Trimble Navigations and Omnitracs LLC, FleetmaticsIrL Limited, DigiCore, MiX Telematics, Masternaut Limited, Telogis, and TomTom Telematics.

 

Key questions answered by the report
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA