Global Automotive Telematics Market Growth (Status and Outlook) 2023-2029

Global Automotive Telematics Market Growth (Status and Outlook) 2023-2029

Telematics systems deal with communication (sending, receiving, and storing information) regarding the vehicle. They also collect information from different on-board sensors, such as vehicle speed, braking system, ADAS, airbags, and transmission control system

LPI (LP Information)' newest research report, the “Automotive Telematics Industry Forecast” looks at past sales and reviews total world Automotive Telematics sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Telematics sales for 2023 through 2029. With Automotive Telematics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Telematics industry.

This Insight Report provides a comprehensive analysis of the global Automotive Telematics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Telematics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Telematics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Telematics 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 Telematics.

The global Automotive Telematics market size is projected to grow from US$ 49330 million in 2022 to US$ 204350 million in 2029; it is expected to grow at a CAGR of 22.5% from 2023 to 2029.

Asia Pacific led the overall market with a share of 34.6% in 2017. North America emerged as the second-leading market for automotive telematics, followed by Europe.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Telematics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Plug and Play Telematics
Hardwired Install Telematics

Segmentation by application
Passenger Car
LCV-Light Commercial Vehicle
HCV-Heavy Commercial Vehicle

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.
Agero
Airbiquity
Continental
Verizon
Visteon
Trimble
Masternaut
TomTom International
Telogis

Please note: The report will take approximately 2 business days to prepare and deliver.