Global Automotive Embedded Telematics Solutions Market Growth (Status and Outlook) 2024-2030
The automotive embedded telematics solutions offers a technology that integrates telecommunication and informatics to enhance the functionality and connectivity of vehicles. It involves the installation of electronic devices in cars, commonly known as telematics control units, to gather and transmit real-time data. This data includes information about the vehicle's location, performance, and driver behavior. Embedded telematics systems play a crucial role in providing features such as GPS navigation, vehicle tracking, remote diagnostics, and connectivity with other smart devices. These systems not only improve driver safety and convenience but also enable advanced services like usage-based insurance and efficient fleet management. Overall, automotive embedded telematics enhances the overall driving experience by enabling smart communication between vehicles and external networks.
The global Automotive Embedded Telematics Solutions market size is projected to grow from US$ 21040 million in 2024 to US$ 61240 million in 2030; it is expected to grow at a CAGR of 19.5% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Automotive Embedded Telematics Solutions Industry Forecast” looks at past sales and reviews total world Automotive Embedded Telematics Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Embedded Telematics Solutions sales for 2023 through 2029. With Automotive Embedded Telematics Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Embedded Telematics Solutions industry.
This Insight Report provides a comprehensive analysis of the global Automotive Embedded Telematics Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automotive Embedded Telematics Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Embedded Telematics Solutions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Embedded Telematics Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Embedded Telematics Solutions.
The surge in market demand for automotive embedded telematics is closely tied to the increasing connectivity of vehicles. As more cars become connected, the demand for embedded telematics systems grows, driven by the desire for enhanced features and services. These connected vehicles enable real-time communication between the car and external networks, paving the way for advanced functionalities like GPS navigation, remote diagnostics, and in-car entertainment. The integration of 5G technology enhances the capabilities of automotive embedded telematics. Faster and more reliable connectivity enables seamless communication between vehicles and infrastructure, opening up new possibilities for advanced telematics applications.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Embedded Telematics Solutions market by product type, application, key players and key regions and countries.
Segmentation by Type:
Safety & Security Solutions
Information & Navigation Solutions
Entertainment Solutions
Remote Diagnostics Solutions
Segmentation by Application:
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Safety & Security Solutions
Information & Navigation Solutions
Entertainment Solutions
Remote Diagnostics Solutions
Segmentation by Application:
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Verizon Connect
Geotab
TomTom Telematics
AT&T
Bosch Connected Devices and Solutions
MiX Telematics
CalAmp
Teletrac Navman
Harman International (Samsung)
Continental AG
Vodafone Automotive
Telit
Airbiquity
Sierra Wireless
WirelessCar
Please note: The report will take approximately 2 business days to prepare and deliver.