Market Overview:
The global automotive telematics service market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for connected cars and the rising number of accidents across the globe. The platform segment is expected to hold a major share of the global automotive telematics service market during the forecast period, owing to its ability to provide enhanced safety and security features for vehicles. In terms of application, commercial vehicles are expected to hold a major share of the global automotive telematics service market during the forecast period, as these vehicles are increasingly being used for fleet management purposes.
Product Definition:
Telematics is a blanket term for the various methods of communication between cars and their drivers, and between cars and roadside infrastructure or other vehicles. Automotive telematics service is the application of telematics in the automotive industry, which helps drivers to connect with their cars remotely. It allows for features such as remote start/stop, vehicle location tracking, diagnostics, fuel management and more. The importance of automotive telematics service lies in its ability to improve safety while driving by providing real-time information about a car's location and status.
Platform:
Platform is a set of tools and services that are used to design, develop, test and deploy applications on the cloud. It helps in reducing time to market for new products/ideas as well as helps in increasing efficiency & effectiveness of the product development process. The automotive telematics service industry has witnessed significant growth over the past few years owing to increase in demand for connected car features along with safety benefits such as accident warnings and traffic data etc.
Solution:
Solution is a software or hardware system that provides functionality required to integrate telematics services in automotive. It helps the OEMs (automobile manufacturers) and tier 1 suppliers to develop their own application software and hardware platforms for vehicle connectivity, which can be further integrated with mobile applications. The solution also helps in providing secure communication between vehicles and cloud based servers for applications such as traffic data, weather forecast, etc., using real-time information from connected cars.
Application Insights:
The commercial vehicle segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing demand for tracking and tracing devices in commercial vehicles, such as trucks, buses and coaches. Furthermore, an increase in road accidents is prompting governments across the world to mandate regulations related to driver safety. As a result, companies are focusing on developing solutions that help improve driver behavior by enhancing awareness about fatigue levels among drivers and passenger safety concerns regarding road accidents. These factors are expected to drive demand over the forecast period.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its lead over the forecast period owing to early adoption of technologies and presence of key automotive manufacturers. Europe is also likely to witness a significant growth rate due to increasing demand for advanced driver assistant systems (ADAS) and autonomous vehicles. ADAS applications include adaptive cruise control, lane departure warning system, automatic emergency braking, and others.
Asia Pacific regional market captured a significant market share in 2017 owing to growing sales of passenger cars especially in China and India on account of low prices offered by local players along with enhanced safety features incorporated into their models as standard equipment or optional accessories.
Growth Factors:
- Increasing demand for safety and security features in vehicles
- Rising demand for connected cars and autonomous vehicles
- Proliferation of advanced telematics technologies
- Growing popularity of subscription-based automotive services model
- Increasing number of partnerships and collaborations among automakers, telematics service providers, and other stakeholders
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Telematics Service Market Research Report
By Type
Platform, Solution
By Application
Commercial Vehicle, Passenger Vehicle
By Companies
GM, Toyota, Ford, BMW, FIAT, Nissan, AB Volvo, Apple, Google, Microsoft Corporation, Tencent, Huawei, Verizon, Trimble, Zonar, Omnicracs, Ericsson, Samsara, Tieto, SBD Automotive, Dickinson Fleet Service, BSM Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Telematics Service Market Report Segments:
The global Automotive Telematics Service market is segmented on the basis of:
Types
Platform, Solution
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Passenger Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GM
- Toyota
- Ford
- BMW
- FIAT
- Nissan
- AB Volvo
- Apple
- Microsoft Corporation
- Tencent
- Huawei
- Verizon
- Trimble
- Zonar
- Omnicracs
- Ericsson
- Samsara
- Tieto
- SBD Automotive
- Dickinson Fleet Service
- BSM Technologies
Highlights of The Automotive Telematics Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platform
- Solution
- By Application:
- Commercial Vehicle
- Passenger Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Telematics Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Telematics Service is a technology that allows drivers to connect their vehicles to the internet for purposes such as receiving updates on traffic conditions, weather forecasts, and location-based services.
Some of the major players in the automotive telematics service market are GM, Toyota, Ford, BMW, FIAT, Nissan, AB Volvo, Apple, Google, Microsoft Corporation, Tencent, Huawei, Verizon, Trimble, Zonar, Omnicracs, Ericsson, Samsara, Tieto, SBD Automotive, Dickinson Fleet Service, BSM Technologies.
The automotive telematics service market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Telematics Service Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Telematics Service Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Telematics Service Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Telematics Service Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Telematics Service Market Size & Forecast, 2020-2028 4.5.1 Automotive Telematics Service Market Size and Y-o-Y Growth 4.5.2 Automotive Telematics Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Platform
5.2.2 Solution
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Telematics Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Telematics Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Platform
9.6.2 Solution
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Platform
10.6.2 Solution
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Platform
11.6.2 Solution
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Platform
12.6.2 Solution
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Platform
13.6.2 Solution
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Telematics Service Market: Competitive Dashboard
14.2 Global Automotive Telematics Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GM
14.3.2 Toyota
14.3.3 Ford
14.3.4 BMW
14.3.5 FIAT
14.3.6 Nissan
14.3.7 AB Volvo
14.3.8 Apple
14.3.9 Google
14.3.10 Microsoft Corporation
14.3.11 Tencent
14.3.12 Huawei
14.3.13 Verizon
14.3.14 Trimble
14.3.15 Zonar
14.3.16 Omnicracs
14.3.17 Ericsson
14.3.18 Samsara
14.3.19 Tieto
14.3.20 SBD Automotive
14.3.21 Dickinson Fleet Service
14.3.22 BSM Technologies