Automotive Telematics Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028

The global Automotive Telematics market size is projected to reach US$ 205640 million by 2028, from US$ 50430 million in 2022, at a CAGR of 21.7% during 2022-2028. Telematics systems deal with communication (sending, receiving, and storing information) regarding the vehicle. They also collect information from different on-board sensors, such as vehicle speed, braking system, ADAS, airbags, and transmission control system. Asia Pacific led the overall market with a share of 34.6% in 2017. North America emerged as the second-leading market for automotive telematics, followed by Europe.

By Type
Plug and Play Telematics
Hardwired Install Telematics

By Application
Passenger Car
LCV-Light Commercial Vehicle
HCV-Heavy Commercial Vehicle

Top Major Key Players:
Agero
Airbiquity
Continental
Verizon
Visteon
Trimble
Masternaut
TomTom International
Telogis

Scope of the Report

The research study analyzes the global Automotive Telematics Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Telematics Market Report

1. What was the Automotive Telematics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Telematics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Telematics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Automotive Telematics market.
• The market share of the global Automotive Telematics market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Telematics market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Telematics market.