Market Research Reports, Inc.

Global Automotive Telematics Market to Grow at a CAGR of 23.37% During 2014 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Automotive Telematics: Market Research Report 2015-2019” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 10/19/2015 -- Report forecast the global automotive telematics market to grow at a CAGR of 23.37% over the period 2014-2019.

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.

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.

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

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.

According to the report, the demand for built-in connectivity and telematics in automobile has led to technological improvements, which aim at enhancing the overall in-vehicle experience of the passengers and drivers. With consumers habitually interacting with their personal mobile devices, they expect the same experience from their in-vehicle entertainment and information systems, especially with respect to user interface.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Automotive Telematics Market: Agero, Aribiquity, Continental and Verizon

Other Prominent Vendors in the market are: AT&T, Bynx, Connexis, Ericsson, Fleetmatics Group, GM, Luxoft, Marelli, Mix Telematics, Octo Telematics, PTC, Bosch, TeleCommunication Systems, TELENAV, Telogis, TomTom International, Valeo, Vodafone, and WirelessCar.

Market driver
- Growing integration of smartphones and tablets in automobiles
- For a full, detailed list, view our report

Market challenge
- Rising security issues
- For a full, detailed list, view our report

Market trend
- Connected car: Blue ocean strategy
- For a full, detailed list, view our report

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?

Spanning over 77 pages "Automotive Telematics: Market Research Report 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Global automotive market landscape, Global automotive market segmentation by vehicle type, Global automotive market segmentation by geography, Supply chain analysis of the automotive industry, Market landscape, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/automotive-telematics-market-research-report-2015-2019

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