Global Automotive Telematics Market Analysis 2023-2030

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Global Automotive Telematics Market Analysis
2023-2030 Triton Market Research presents the
Global Automotive Telematics Market report
segmented by Application (Navigation
Location-Based System, Safety Security,
Fleet/Asset Management, Insurance Telematics,
Infotainment System, Other Applications), Type
(Integrated Smartphones, Tethered, Embedded),
End-user (Aftermarket, Original Equipment
Manufacturers (OEM)), Vehicle (Commercial
Vehicles, Passenger Cars, Two- Wheeler), and
Regional Outlook (, North America, Asia-Pacific,
Middle East and Africa, Europe, Latin
America). The report further includes the Market
Summary, Industry Outlook, Technology Snapshot,
Impact Analysis, Porters Five Forces Analysis,
Market Maturity Analysis, Key Buying Impact
Analysis, Key Market Strategies, Drivers,
Challenges, Opportunities, Analyst Perspective,
Competitive Landscape, Research Methodology
Scope, Global Market Size, Forecasts Analysis
(2023-2030). According to Tritons research
report, the global automotive telematics market
is estimated to progress at a CAGR of 16.06
during the forecast period 2023-2030.
Request Free Sample Report https//www.tritonmark
etresearch.com/reports/automotive-telematics-marke
trequest- free-sample Automotive telematics
tracks vehicular movement via computer,
smartphone, tablet, etc. It collects data from
the car to monitor a vehicles speed, routes,
halt locations, etc.
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Factors such as growing demand for telematics
from fleet operators and improved vehicle safety
are expected to drive the automotive telematics
market. The deployment of telematics solutions
has largely benefited fleet operators in terms of
productivity, efficiency, cost control, and
compliance. Hence, telematics ensures vehicle
safety and reduces idle time for fleet owners,
which drives their demand. However, the lack of
connectivity infrastructure, the risk of a data
breach, and expensive solutions are expected to
restrict the automotive telematics markets
development. The Asia-Pacific is estimated to
witness the fastest growth over the forecast
period. The regions growth is prompted by
government initiatives and developing telecom
infrastructure. In China, the government has
mandated location-based systems in buses and
trucks to improve safety levels. This has
ultimately increased the demand for built-in
connectivity in other vehicles, influencing OEMs
to adopt telematics solutions. Therefore, these
factors fuel the overall markets growth across
the APAC region. Solera Inc, TomTom NV, Verizon
Communications Inc, Continental AG, Inseego Corp,
Robert Bosch GmbH, Airbiquity Inc, ATT Inc,
Harman International, Teletrac Navman US Ltd,
Geotab Inc, Mix Telematics, Samsara Inc, and
Trimble Inc are major companies in the automotive
telematics market. Vehicle owners have multiple
options for outfitting telematics services within
their vehicles, ranging from DIY add-on devices
to professional systems. This has led several
companies to offer telematics solutions. For
instance, insurance companies bundle telematics
devices with their motor insurance policies.
Also, several OEMs offer built-in telematics
systems to differentiate offering, helping fleet
operators optimize and manage their fleets. These
factors suggest that the threat of new entrants
is moderate over the forecast period. Contact
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