Automotive Telematics Market 2023 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects And Forecast To 2032

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Automotive Telematics Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Automotive Telematics Market Segments
The Business Research Company segments its
Automotive Telematics market report as
Commercial Cars, Passenger Vehicles, Two-Wheelers
By Vehicle Type
Embedded, Integrated Smatphones, Tethered
By Connectivity Solutions Type
Original Equipment Manufacturer (OEM), Aftermarket
By Sales Channel Type
Fleet or Asset Management, Navigation And
Location-Based System, Infotainment System,
Insurance Telematic, Safety And Security, Other
Applications
By Application
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Market Statistics
The global automotive telematics market size will
grow from 100.06 billion in 2022 to 132.87
billion in 2023 at a compound annual growth rate
(CAGR) of 32.8. The market size of global
automotive telematics is expected to grow to
360.56 billion in 2027 at a CAGR of 28.3.
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Key Market Drivers And Trends
Drivers
An increase in car accidents is contributing to
the growth of the automotive telematics market
going forward.
Trends
New product innovations are the key trend gaining
popularity in the automotive telematics market.
Region
North America was the largest region in the
automotive telematics market in 2022. The regions
covered in the automotive telematics market
analysis report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America, the
Middle East, and Africa.
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Key Market Players

• Major players in the Automotive Telematics market
  are
• TomTom Telematics B.V
• Trimble Inc.
• Omnitracs
• I.D.Systems Inc.
• Verizon
• And more.

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