Automotive OEM Telematics Market: Global Size and Trends 2020
The GlobalAutomotive OEM Telematics Market size valued to USD 22.95 billion in 2019,is predicted an elevation up-to USD 125.48 billion by 2030, with a growing CAGRof 16.7% from 2020-2030.
Automotive OEM Telematics is an interdisciplinaryintegration of telecommunications, and informatics preinstalled in anautomobile to provide security, enhance safety features, assist in navigationand take control of the vehicle. The main function of telematics is automobiletracking, car sharing, emergency warning systems for vehicles and such otherhigh-tech features. The services offered are either subscription based or freeof cost. The automotive OEM telematics solutions and services hold wideapplications in Passenger Car, Two-Wheelers, HCV, MCV and LCV.
Request sample copy ofthis report at: https://www.nextmsc.com/automotive-oem-telematics-market/request-sample
MarketDynamics and Trends:
Theautomotive OEM telematics market is gaining momentum due to stringentgovernment regulations regarding safety and security, rising awareness inconsumers about connectivity solutions, as well as growing trends of AI and IoTin system installations. Besides, benefits offered by telematics services suchas smart transportation system, ease in vehicle diagnosis, all timeconnectivity approach, as well as enhanced performance of automotive vehiclesare propelling the growth of global automotive OEM telematics market.
Furthermore,increasing market trend towards the adoption of smart gadgets majorly laptops,smart phones, tablets, and other such advanced technological goods,specifically in the emerging economies, are expected to supplement the growthof the automotive OEM telematics market over the forecast period.
Market Segmentations andScope of the Study:
Theglobal automotive OEM telematics market share analysis is based on vehicletype, application, and geography.
Basedon vehicle type, the market is segmented into Passenger Car, Two-Wheelers, HCV,MCV and LCV. Based on application, the market is further classified into solutionsand services. The services segment is divided into Design and consulting,Integration and deployment, Maintenance and training and Data acquisition fromvehicle bus network. The solution segment is further categorized intoFleet/Asset management solution, Navigation and location-based Solution,Infotainment, Insurance telematics, V2V and V2I, Tele-health solutions, Remotealarm and monitoring, Remote diagnostic and Driver and vehicle performanceanalytics. Geographic breakdown and analysis of each of the previouslymentioned segments include regions comprising North America, Europe,Asia-Pacific, and RoW.
Ask for Inquiry at: https://www.nextmsc.com/automotive-oem-telematics-market/inquire-before-buying
Geographical Analysis:
NorthAmerica dominated the global automotive OEM telematics market, and is expectedto maintain its dominance throughout the forecast period, holding the highestmarket share. This is attributable to factors such as stringent regulatorystandards regarding public safety, advanced diagnostic systems, high-technavigating systems, as well as stable and well-established automotiveinfrastructures.
AsiaPacific region is expected a substantial growth in the global automotive OEMtelematics market, with the highest CAGR values, owing to increasing governmentinitiatives towards public safety, more inclination towards the use of smartgadgets, increasing demand of safety features to cope up with emergency, anddevelopments in navigation systems in this region.
Competitive Landscape:
Someof the major market players in the automotive OEM telematics market include AgeroInc., Delphi Technologies, Clarion, Embitel, Continental AG, Denso Corporation,LG Electronics, Harman International, Masternaut Limited, Inseego Corp,Omnitracs, Intel Corporation, Panasonic Corporation, Luxoft, NTT Docomo Inc.,Robert Bosch GmbH, Magneti Marelli S.p.A., Microlise, Valeo, Telogis, VodafoneAutomotive SpA, Qualcomm Technologies, Inc., Verizon, TomTom International B.V.and Trimble Inc. among others.
Thepast endeavors, present developments and futuristic advancements, sum-up tocomprehend the overall automotive OEM telematics market growth.
Key Benefits:
Theautomotive OEM telematics market report provides a quantitative analysis of thecurrent market and estimations through 2020-2030 that assists in identifyingthe prevailing market opportunities to capitalize on.
Thestudy comprises a deep dive analysis of the automotive OEM telematics markettrend including current and future trends for depicting the prevalentinvestment pockets in the market.
Thereport provides detailed information related to key drivers, restraints,opportunities and their impact on the automotive OEM telematics market.
Thereport incorporates a competitive analysis of the market players along withtheir market share in the global automotive OEM telematics market.
Thestudy elaborates SWOT analysis and Porters Five Forces model for the automotiveOEM telematics market.
Valuechain analysis in the automotive OEM telematics market study provides a clearpicture of the stakeholders’ roles.
About Next Move Strategy Consulting:
Next Move StrategyConsulting is an independent and trusted third-platform market intelligenceprovider, committed to deliver high quality, market research reports that helpmultinational companies to triumph over their competitions and increaseindustry footprint by capturing greater market share. Our research model is aunique collaboration of primary research, secondary research, data mining anddata analytics.
We have been servicing over1000 customers globally that includes 90% of the Fortune 500 companies over adecade. Our analysts are constantly tracking various high growth markets andidentifying hidden opportunities in each sector or the industry. We provide oneof the industry’s best quality syndicate as well as custom research reportsacross 10 different industry verticals. We are committed to deliver highquality research solutions in accordance to your business needs. Our industrystandard delivery solution that ranges from the pre consultation to after-salesservices, provide an excellent client experience and ensure right strategicdecision making for businesses.
Formore insights, please visit,
https://www.nextmsc.comAutomotive OEM Telematics Market
