Automotive Telematics Solution Market top global players include ID Systems Inc., Autotrac, Teletrac Inc., Trimble Navigations and Omnitracs LLC, FleetmaticsIrL Limited, DigiCore, MiX Telematics, Airbiquity Inc, Masternaut Limited, Telogis, and TomTom Telematics among others
Pune, India -- (SBWIRE) -- 06/14/2019 -- Increasing shift towards online platform to fuel demand in the global Automotive Telematics Solution market. The market has been witnessing development of new technology. Fortune Business Insights has announced publishing of a report, titled "Automotive Telematics Solution Market Size, Share and Global Trend by Applications (Vehicle Tracking, Fleet Management, Satellite Navigation, Vehicle Safety Communication), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), and Geography Forecast till 2025". Industry volume to grow from 95 Mn in 2018 to 97 Mn in 2019.
"Key players are expected to emphasize on integrating cloud based technologies in the system. This is anticipated to propel the growth in the global Automotive Telematics Solution market," said a lead analyst at Fortune Business Insights.
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Top Players List:
ID Systems Inc.
Trimble Navigations and Omnitracs LLC
Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, rising adoption of e-financial services is expected to boost the global market.
Major Segments Mentioned:
By Vehicle Type
By Distribution Channel
On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Automotive Telematics Solution market.
Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/automotive-telematics-solution-market-100332
North America (the USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to rising adoption of sedentary lifestyle in nations such as India and China.
The report also offers insights on the key players operating in the global Automotive Telematics Solution market. Some of the organizations operating in the market are Automotive Telematics Solution.
Major Table of Content for Automotive Telematics Solution Market:
Global Automotive Telematics Solution Market Analysis, Insights and Forecast, 2014-2025
North America Automotive Telematics Solution Market Analysis, Insights and Forecast, 2014-2025
Europe Automotive Telematics Solution Market Analysis, Insights and Forecast, 2014-2025
Asia Pacific Automotive Telematics Solution Market Analysis, Insights and Forecast, 2014-2025
Middle East and Africa Automotive Telematics Solution Market Analysis, Insights and Forecast, 2014-2025
Latin America Automotive Telematics Solution Market Analysis, Insights and Forecast, 2014-2025
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