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

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

Telematics is a method of monitoring and harvesting data from any moving asset, like a car, truck, heavy equipment, or ship by using GPS and onboard diagnostics to record movements and vehicle condition at points in time.
LPI (LP Information)' newest research report, the “Telematics Industry Forecast” looks at past sales and reviews total world Telematics sales in 2022, providing a comprehensive analysis by region and market sector of projected Telematics sales for 2023 through 2029. With Telematics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Telematics industry.
This Insight Report provides a comprehensive analysis of the global 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 Telematics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Telematics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Telematics.
The global Telematics market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
The major companies of telematics in Italian market, Aptiv PLC, ALD Automotive, LeasePlan, etc. occupy a relatively large share of the market. They together account for close to 35% of the market.
According to the types, The main kind is Fleet or Asset Management, which holds a comparatively larger share in the Italy market, which accounts for about 40%. Besides, for many companies, Infotainment systems attractive because it can implement more complex functions in the future. Infotainment systems have over 30% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Telematics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Fleet or Asset Management
Navigation & Location Based Systems
Infotainment Systems
Insurance Telematics
Safety & Security
Remote Alarm & Incident Monitoring Solutions
V2X
Segmentation by application
Logistics
Taxi
Public Bus
Police Departments
Car Rental
Private Car
Others
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.
Aptiv PLC
ALD Automotive
LeasePlan
Alphabet
Robert Bosch Gmbh
Valeo S.A
Telefonica S.A
Telepass
Vodafone Group Plc.
Visteon Corporation
Omnitracs
Octo Group
Visirun (Verizon)
WAY
Flottaweb
Tierra

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