Albany, NY -- (SBWIRE) -- 06/27/2016 -- Automotive telematics is defined as an integrated usage of information and telecommunication, allowing the information to be sent and received automatically from vehicles. It is a system in which electronic devices communicate with other electronic devices through a connected network.

The global automotive telematics market to grow at a CAGR of 23.37% over the period 2014-2019. Telematics use telecom equipment to send, receive, and store information in a vehicle. The connectivity can be machine-to-machine or machine-to-human. This technology is used primarily for tracking and communication. It can be either integrated with other systems of the vehicle or used separately using mobile applications.

A major telematics service is General Motors OnStar, having features such as providing turn-by-turn navigation, hands free calling, remote diagnostics, automatically alerting the operator in case of an accident, and road side assistance.

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The report covers the current scenario and the growth prospects of the global automotive telematics market for the period of 2015-2019. To calculate the market size, the report considers the unit sales and revenue generated through the sales of OEM embedded telematics.

Based on services, the market is divided into the following segments:
- In-vehicle entertainment and information
- Safety and security
- Remote diagnostics

Technavio's report, Global Automotive Telematics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key vendors
- Airbiquity
- Continental
- Verizon Telematics

Other prominent vendors
- AT&T
- Bynx
- Connexis
- Ericsson
- Fleetmatics Group
- General Motors

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Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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