Telematics Market Synopsis, Industry News, Major Companies Analysis and Forecast to 2027

Global Telematics Market, by Technology (Embedded, Hybrid, Portable), by Service (Maintenance, Diagnostic, Security, Navigation), by Application (IT, Government, Automotive, Commercial, Telecommunication, Insurance) - Forecast 2027

Market Scenario

The major growth driver of Telematics Market includes growing demand for wireless connectivity in automotive sector, and government initiatives for public safety on roads among others.

Hence the market for Telematics is expected to grow at XX% CAGR (2016-2027).

However, high cost of equipment is one of the major factors which are hindering the growth of Telematics Market.

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Global Telematics Market can be segmented as follows:

• Segmentation by Technology: Embedded, Portable and Hybrid among others.
• Segmentation by Services: Navigation, Diagnostic, On-Demand Infotainment and Maintenance and Security among others.
• Segmentation by Application: Commercial, Automotive, IT, Insurance, Telecommunication, Healthcare and Government among others.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Telematics Market Research Report- Global Forecast to 2027

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Industry News:

• Trimble has announced in August 2016 about its acquisition of AXIO-NET from airbus defence and space. AXIO-NET is a provider of global navigation satellite systems in Germany, U.K., and Benelux.
• Tom-Tom telematics has launched cloud based service “Web fleet” for Salesforce. The service would provide easier platform for sales staff to use CRM system for their operations.

Key Players

Some of the major players in Global Telematics Market include:

• Verizon Communication Inc.(U.S.)
• HARMAN International Industries Inc.(U.S.)
• Tom-Tom International BV (Netherland)
• AT&T (U.S.), Vodafone Group Plc. (U.K.)
• Ford Motor Company (U.S.)
• BMW Group (Germany)
• Telefonica SA (Spain)
• Mix Telematics (South Africa)
• Trimble Navigation Ltd. (U.S.)

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The report for Telematics Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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