Market Overview:
The global telematics software 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 global telematics software market is segmented on the basis of type, application, and region. On the basis of type, it is divided into GPS, cellular, and others. The cellular segment dominates this market owing to its wide adoption in passenger cars as well as commercial vehicles. By application, it is classified into passenger car and commercial vehicle segments. Passenger car dominates this market due to an increase in their sales across different regions worldwide. Geographically, it is analyzed across North America (U S A & Canada), Latin America (Brazil & Mexico), Europe (Germany France Italy Spain U K ), Asia Pacific (China India Japan South Korea Australia ),and Middle East Africa ).
Product Definition:
Telematics is the application of information and communication technology to vehicular systems, especially those used for transportation management and control.
GPS:
GPS or Global Positioning System is a satellite-based navigation system that provides information about the location of a specific point. The GPS technology has been witnessing tremendous growth in recent years owing to its increasing application in smartphones, tablets, and other portable devices.
The growing use of GPS for navigation purposes has led to an increase in the number of users accessing this service on a daily basis.
Cellular:
Cellular is a communication protocol used for two way telecommunication between mobile devices and the fixed network. It is also used in location-based services, online gaming, emergency call services, etc. The global cellular market size was valued at USD 865 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The passenger car segment dominated the global telematics software market in 2017 and is expected to maintain its lead over the forecast period. Telematics solutions are installed in all new cars, SUVs, and vans sold by major automobile manufacturers such as BMW AG, Mercedes-Benz AG, Audi AG and Ford Motor Company. These solutions enable drivers to improve their driving skills while reducing the risk of accidents by tracking vehicle speed and trajectory on a real-time basis using Global Positioning System (GPS) technology. The integration of Artificial Intelligence (AI) with telematics systems enables automakers to offer more convenient features to customers along with enhanced safety standards for vehicles equipped with these systems.
Regional Analysis:
North America dominated the global telematics software market in 2017. North America has been witnessing increasing demand for advanced driver assistance systems (ADAS) and passenger safety technologies, such as advanced airbags, anti-lock braking system (ABS), and electronic stability control (ESC) since the past few years. The U.S., in particular, is a major contributor to the regional market growth owing to high vehicle penetration rates along with stringent government regulations regarding road safety that have resulted in increased adoption of these systems across all segments including passenger cars, commercial vehicles and motorcycles.
The Asia Pacific region is expected to emerge as one of the prominent contributors towards revenue growth over the forecast period owing to growing emphasis on improving road infrastructure coupled with rising number of vehicle manufacturing facilities located primarily in China and India are some other factors contributing toward regional growth rate.
Growth Factors:
- Increasing demand for fleet management and telematics services from the transportation sector
- Proliferation of smartphones and other connected devices, which is driving demand for telematics software
- Rapid growth in the number of vehicles equipped with telematics systems
- Rising demand for location-based services and safety features in vehicles
- Growing popularity of subscription-based pricing models for telematics software
Scope Of The Report
Report Attributes
Report Details
Report Title
Telematics Software Market Research Report
By Type
GPS, Cellular, Others
By Application
Passenger Car, Commercial Vehicle
By Companies
Aplicom, Aptiv, Chetu, Descartes, Digital Matter, Key Telematics, Mecomo, Omnitracs, RentalMatics, SkyHawk Telematics, Teletrac Navman, Tieto, Verizon Communications, ZF Friedrichshafen
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Telematics Software Market Report Segments:
The global Telematics Software market is segmented on the basis of:
Types
GPS, Cellular, Others
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
Passenger Car, Commercial 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:
- Aplicom
- Aptiv
- Chetu
- Descartes
- Digital Matter
- Key Telematics
- Mecomo
- Omnitracs
- RentalMatics
- SkyHawk Telematics
- Teletrac Navman
- Tieto
- Verizon Communications
- ZF Friedrichshafen
Highlights of The Telematics Software 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:
- GPS
- Cellular
- Others
- By Application:
- Passenger Car
- Commercial 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 Telematics Software 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.
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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?
Telematics software is a type of software that helps drivers keep track of their location and the status of their vehicle. This information can be used to improve safety and efficiency while driving.
Some of the major players in the telematics software market are Aplicom, Aptiv, Chetu, Descartes, Digital Matter, Key Telematics, Mecomo, Omnitracs, RentalMatics, SkyHawk Telematics, Teletrac Navman, Tieto, Verizon Communications, ZF Friedrichshafen.
The telematics software market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telematics Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telematics Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telematics Software Market - Supply Chain
4.5. Global Telematics Software Market Forecast
4.5.1. Telematics Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telematics Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telematics Software Market Absolute $ Opportunity
5. Global Telematics Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Telematics Software Market Size and Volume Forecast by Type
5.3.1. GPS
5.3.2. Cellular
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Telematics Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Telematics Software Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Telematics Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Telematics Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Telematics Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Telematics Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Telematics Software Demand Share Forecast, 2019-2026
9. North America Telematics Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Telematics Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Telematics Software Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Telematics Software Market Size and Volume Forecast by Type
9.7.1. GPS
9.7.2. Cellular
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Telematics Software Demand Share Forecast, 2019-2026
10. Latin America Telematics Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Telematics Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Telematics Software Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Telematics Software Market Size and Volume Forecast by Type
10.7.1. GPS
10.7.2. Cellular
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Telematics Software Demand Share Forecast, 2019-2026
11. Europe Telematics Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Telematics Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Telematics Software Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Telematics Software Market Size and Volume Forecast by Type
11.7.1. GPS
11.7.2. Cellular
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Gowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Telematics Software Demand Share, 2019-2026
12. Asia Pacific Telematics Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Telematics Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Telematics Software Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Telematics Software Market Size and Volume Forecast by Type
12.7.1. GPS
12.7.2. Cellular
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Telematics Software Demand Share, 2019-2026
13. Middle East & Africa Telematics Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Telematics Software Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Telematics Software Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Telematics Software Market Size and Volume Forecast by Type
13.7.1. GPS
13.7.2. Cellular
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Telematics Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Telematics Software Market: Market Share Analysis
14.2. Telematics Software Distributors and Customers
14.3. Telematics Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aplicom
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aptiv
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chetu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Descartes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Digital Matter
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Key Telematics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mecomo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Omnitracs
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RentalMatics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SkyHawk Telematics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Teletrac Navman
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tieto
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Verizon Communications
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ZF Friedrichshafen
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook