The report analyzes the competitive landscape of the Asia Pacific automotive telematics market by identifying the key companies operating in this market and describing the profiles of each. Under company profiling, the report analyzes each company in terms of the following parameters: key company facts, business strategies, SWOT analysis, product specifications, market share, market restraints, and future market forecasts.
Albany, NY -- (SBWIRE) -- 10/12/2015 -- Albany, New York, September 8, 2015 : Market Research Reports Search Engine (MRRSE) has announced that its repository now features a report titled " Automotive Telematics Market: Asia Pacific Industry Analysis and Opportunity Assessment 2014 - 2020" The report, by Future Market Insights states that the Asia Pacific automotive telematics market expanding at 11.60% CAGR from 2014 to 2020 is projected to reach US$15,248 mn by the end of the forecast period.
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According to this market research report, the growing need for improving road safety measures is a major factor that drives the Asia Pacific automotive telematics market. This market study on the Asia Pacific automotive telematics market evaluates the ongoing trends that will impact this market in the long run. Another key factor that fuels the demand for automotive telematics is the widespread acceptance and adoption of advanced technology gadgets such as tablets, smart phones, mobile phones, and laptops. This trend is particularly observed in most Asian economies. With an exhaustive collection of tables, charts, and diagrams, this research report highlights the growth of the Asia Pacific automotive telematics market over the past couple of years.
The qualitative and the quantitative information presented in this market research report is based on primary and secondary sources of information. The historical and the present day market information compiled in this research report provides a strong foundation for comparative analysis, which helps in analyzing the performance of the Asia Pacific automotive telematics market. This market study segments the Asia Pacific automotive telematics market on the basis of end-use, technology, and the type of vehicle. Embedded technology is the most extensively used type of technology in the Asia Pacific automotive telematics market.
On the basis of end-use, the Asia Pacific automotive telematics market is categorized into navigation, diagnosis, safety and security, infotainment, and others. Ongoing market trends indicate that the segment for infotainment will emerge as the most lucrative market segment in the forthcoming years. Based on technology, this market is segmented into smart phone, tethered, and embedded. On the basis of vehicle type, the report categorizes the Asia Pacific automotive telematics market into commercial and passenger vehicles, with the latter holding the largest share.
This market research report states that changing consumer preferences, better road and telecom infrastructure, and improved wireless technology are the main market influencers in the Asia Pacific automotive telematics market. With the help of SWOT analysis and the Porter's five forces analysis, this market research study weighs out the threats and the potential opportunities in the Asia Pacific automotive telematics market.
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