The global automotive telematics market size reached USD 100.70 Billion in 2021 and is expected to register a revenue CAGR of 26.1% during the forecast period, according to latest analysis by Emergen Research. Increasing awareness regarding road safety is driving automotive telematics market revenue growth during the forecast period. Telematics can create intelligent traffic management that will offer various services such as real-time positioning, live traffic updates, stolen vehicle recovery, parking management, electronic till systems, and vehicle diagnostics, which will improve road safety.
The Global Automotive Telematics Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Automotive Telematics Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.
To avail Sample Copy of the report@ https://www.emergenresearch.com/request-sample/105
Effect of COVID-19 on the global market for Automotive Telematics Market
The COVID-19 pandemic had a significant negative influence on the market for Automotive Telematics Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Automotive Telematics Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Automotive Telematics Market in 2020. Additionally, demand for Automotive Telematics Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Automotive Telematics Market market : Competitive Landscape
The prominent players operating in the Automotive Telematics Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Automotive Telematics Market market .
Trimble Inc., AirIQ Inc., Actsoft, Verizon, Airbiquity Inc., Ctrack, Masternaut Limited, Mix Telematics, TomTom International BV., and I.D. Systems Inc
Make an enquiry of this report @ https://www.emergenresearch.com/industry-report/automotive-telematics-market
the Global Automotive Telematics Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.
Based on types, the market is segmented into
Vehicle Type Outlook (Revenue, USD Million; 2019–2030)
- Commercial Vehicles
- Passenger Cars
- Two-Wheelers
Sales-channel Outlook (Revenue, USD Million; 2019–2030)
- Aftermarket
- OEM
Connectivity Solutions Outlook (Revenue, USD Million; 2019–2030)
- Embedded
- Tethered
- Smart Phone
Regional Outlook :
The growth of the Automotive Telematics Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/105
Look Over transcripts provided by Emergen Research @
Advanced Driver Assistance System and Autonomous Driving Components Market Size
Advanced Driver Assistance System and Autonomous Driving Components Market Share
Advanced Driver Assistance System and Autonomous Driving Components Market Trends
Advanced Driver Assistance System and Autonomous Driving Components Regional Market Demand
Advanced Driver Assistance System and Autonomous Driving Components Market Analysis
Advanced Driver Assistance System and Autonomous Driving Components Market Top Companies
Advanced Driver Assistance System and Autonomous Driving Components Market News
Advanced Driver Assistance System and Autonomous Driving Components Market Executive Summary
Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
