Automotive Telematics Market Forecasts to 2030 – Global Analysis By Vehicle Type (Passenger Cars, Commercial Vehicles, Two-Wheelers and Other Vehicle Types), Connectivity Type (Cellular, Wi-Fi, Bluetooth, Dedicated Short-Range Communications (DSRC) and Ot

Automotive Telematics Market Forecasts to 2030 – Global Analysis By Vehicle Type (Passenger Cars, Commercial Vehicles, Two-Wheelers and Other Vehicle Types), Connectivity Type (Cellular, Wi-Fi, Bluetooth, Dedicated Short-Range Communications (DSRC) and Other Connectivity Types), Component, Technology, Application, End User and By Geography


According to Stratistics MRC, the Global Automotive Telematics Market is accounted for $10.06 billion in 2023 and is expected to reach $25.33 billion by 2030 growing at a CAGR of 14.1% during the forecast period. Automotive telematics integrates telecommunications and informatics to provide various services in vehicles. It enables real-time monitoring of vehicle performance. Telematics systems utilize GPS technology, sensors, and communication networks to collect and transmit data to centralized servers or cloud platforms. This data can be analyzed to improve driving behaviour, optimize fleet management, enhance vehicle maintenance, and enable connected car features. The evolution of telematics continues to revolutionize the automotive industry, offering convenience, efficiency, and safety benefits to drivers worldwide.

According to Interpol, 4.2 million vehicles were reported to be stolen from 149 countries in 2008.

Market Dynamics:

Driver:

Increasing demand for fleet management solutions

Businesses are increasingly turning to telematics for improved fleet monitoring, optimization, and performance management as a result of the growing demand for effective logistics, transportation, and delivery services across a variety of industries. Telematics systems provide real-time tracking, remote diagnostics, predictive maintenance, and route optimization capabilities, leading to cost savings, improved productivity, and enhanced safety. Moreover, regulatory mandates for vehicle safety and emissions further fuel the adoption of telematics solutions, making them indispensable for modern fleet operations, contributing to the sustained growth of the market.

Restraint:

Concerns over data privacy and security

Concerns over data privacy and security in automotive telematics stem from the collection and transmission of sensitive information about vehicle location, driving behaviour, and personal data. Instances of data breaches and unauthorized access raise fears of privacy invasion and identity theft among consumers. Such concerns can lead to hesitancy in adopting telematics solutions, hindering market growth.

Opportunity:

Rising focus on vehicle safety

Telematics systems play a crucial role in enhancing safety by providing real-time monitoring and alerts for various safety parameters such as vehicle speed, braking patterns, and collision detection. These systems enable proactive measures such as emergency assistance, automatic crash notification, and stolen vehicle tracking, enhancing overall road safety for drivers and passengers. As regulatory standards and consumer demand for safety features continue to rise, automotive manufacturers are increasingly integrating advanced telematics solutions into vehicles.

Threat:

Challenges with integration and interoperability

Integration and interoperability challenges in automotive telematics arise due to the diverse range of vehicle systems, software platforms, and communication protocols. Ensuring seamless connectivity and compatibility among these components can be complex and costly. Incompatibility issues hinder the integration of new telematics solutions with existing vehicle systems, leading to fragmentation and limited functionality. This fragmentation restricts innovation, interoperability between different telematics devices, and the development of comprehensive solutions, thereby impeding market growth.

Covid-19 Impact

The covid-19 pandemic significantly impacted the automotive telematics market. Lockdowns and economic uncertainty led to a decline in vehicle sales, affecting the installation of telematics systems in new vehicles. However, the emphasis on remote monitoring and contactless services spurred interest in telematics for fleet management and remote diagnostics. Overall, while the market faced initial setbacks, the long-term outlook for automotive telematics remains positive as businesses and consumers prioritize efficiency and safety in a post-pandemic world.

The vehicle health monitoring segment is expected to be the largest during the forecast period

The vehicle health monitoring segment is estimated to have a lucrative growth. Automotive telematics gathers real-time data on various components such as engine performance, emissions, and fluid levels. Through sensors and connectivity, it provides insights into potential issues or maintenance needs, enabling proactive maintenance and reducing the risk of breakdowns. This application enhances vehicle safety, prolongs lifespan, and optimizes performance, ensuring efficient operation and cost-effectiveness for both individual drivers and fleet managers in the automotive industry.

The automotive dealerships & service centers segment is expected to have the highest CAGR during the forecast period

The automotive dealerships & service centers segment is anticipated to witness the highest CAGR growth during the forecast period, due to its maintenance efficiency. Integrated into diagnostic systems, it remotely monitors vehicle health, alerting dealerships and service centers to potential issues before customers even notice. Through data analytics, it enables predictive maintenance scheduling, reducing downtime and preventing costly breakdowns. Ultimately, automotive telematics transforms dealership and service center operations, delivering superior service and maximizing customer satisfaction.

Region with largest share:

The Asia Pacific region is witnessing significant growth in the automotive telematics market. Factors such as increasing demand for connected vehicles, government initiatives promoting road safety and smart transportation systems, and the proliferation of advanced communication technologies are driving this expansion. With rapid urbanization and rising disposable incomes in countries like China, India, and Japan, the Asia Pacific automotive telematics market is poised for continued expansion and innovation in the coming years.

Region with highest CAGR:

In North America, the automotive telematics market is experiencing robust growth, fuelled by factors such as increasing consumer demand for connected car features, stringent government regulations regarding vehicle safety and emissions, and advancements in IoT technology. The region's mature automotive industry, coupled with a high adoption rate of smart devices, contributes to the popularity of telematics solutions. With a mature automotive industry and a tech-savvy consumer base, North America remains a key region for automotive telematics development and adoption.

Key players in the market

Some of the key players profiled in the Automotive Telematics Market include Verizon Connect, Trimble Inc., Webfleet Solutions, Geotab Inc., MiX Telematics, CalAmp Corporation, Teletrac Navman, Omnitracs, Fleet Complete, Spireon Inc., Continental AG, Bosch Connected Mobility Solutions, Nauto, Globalstar, Michelin Group, Gurtam, Salesforce, KORE Wireless, Telenav and Danlaw Technologies India Limited.

Key Developments:

In November 2023, Salesforce announced Automotive Cloud to provide personalized in-car experiences, manage fleets, and simplify auto lending and leasing. Automotive Cloud will unify automaker’s data from vehicle telematics to service records to customer data. It will power new features that provide a real-time, contextualized view of what’s going on inside a vehicle so every driver can get a truly personalized experience.

In October 2023, Nauto introduced the new telematics capabilities offering visibility into vehicle tracking, utilization, misuse, and maintenance planning. Nauto has enhanced its safety capabilities with new detectors that are designed to provide distinct alerts that differentiate between pedestrians, bicyclists, and motorcyclists, when there is a risk detected of colliding with one of these vulnerable road users (VRUs).

Vehicle Types Covered:
• Passenger Cars
• Commercial Vehicles
• Two-Wheelers
• Other Vehicle Types

Connectivity Types Covered:
• Cellular
• Wi-Fi
• Bluetooth
• Dedicated Short-Range Communications (DSRC)
• Other Connectivity Types

Components Covered:
• Hardware
• Software
• Service

Technologies Covered:
• Embedded Telematics
• Tethered Telematics
• Hybrid Telematics
• On-Board Diagnostics (OBD) Telematics
• Other Technologies

Applications Covered:
• Navigation & Location-based Services (LBS)
• Infotainment
• Remote Diagnostics
• Usage-Based Insurance (UBI)
• Vehicle Health Monitoring
• Other Applications

End Users Covered:
• Original Equipment Manufacturers
• Fleet Management Companies
• Automotive Dealerships & Service Centers
• Insurance Companies
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements




1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Telematics Market, By Vehicle Type
5.1 Introduction
5.2 Passenger Cars
5.3 Commercial Vehicles
5.4 Two-Wheelers
5.5 Other Vehicle Types
6 Global Automotive Telematics Market, By Connectivity Type
6.1 Introduction
6.2 Cellular
6.3 Wi-Fi
6.4 Bluetooth
6.5 Dedicated Short-Range Communications (DSRC)
6.6 Other Connectivity Types
7 Global Automotive Telematics Market, By Component
7.1 Introduction
7.2 Hardware
7.2.1 Telematics Control Unit
7.2.2 GPS Module
7.2.3 Sensors
7.3 Software
7.3.1 Fleet Management Software
7.3.2 Navigation Software
7.3.3 Safety Software
7.4 Service
7.4.1 Connectivity Services
7.4.2 Professional Services
7.4.3 Managed Services
8 Global Automotive Telematics Market, By Technology
8.1 Introduction
8.2 Embedded Telematics
8.3 Tethered Telematics
8.4 Hybrid Telematics
8.5 On-Board Diagnostics (OBD) Telematics
8.6 Other Technologies
9 Global Automotive Telematics Market, By Application
9.1 Introduction
9.2 Navigation & Location-based Services (LBS)
9.3 Infotainment
9.4 Remote Diagnostics
9.5 Usage-Based Insurance (UBI)
9.6 Vehicle Health Monitoring
9.7 Other Applications
10 Global Automotive Telematics Market, By End User
10.1 Introduction
10.2 Original Equipment Manufacturers
10.3 Fleet Management Companies
10.4 Automotive Dealerships & Service Centers
10.5 Insurance Companies
10.6 Other End Users
11 Global Automotive Telematics Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Verizon Connect
13.2 Trimble Inc.
13.3 Webfleet Solutions
13.4 Geotab Inc.
13.5 MiX Telematics
13.6 CalAmp Corporation
13.7 Teletrac Navman
13.8 Omnitracs
13.9 Fleet Complete
13.10 Spireon Inc.
13.11 Continental AG
13.12 Bosch Connected Mobility Solutions
13.13 Nauto
13.14 Globalstar
13.15 Michelin Group
13.16 Gurtam
13.17 Salesforce
13.18 KORE Wireless
13.19 Telenav
13.20 Danlaw Technologies India Limited
List of Tables
Table 1 Global Automotive Telematics Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Automotive Telematics Market Outlook, By Vehicle Type (2021-2030) ($MN)
Table 3 Global Automotive Telematics Market Outlook, By Passenger Cars (2021-2030) ($MN)
Table 4 Global Automotive Telematics Market Outlook, By Commercial Vehicles (2021-2030) ($MN)
Table 5 Global Automotive Telematics Market Outlook, By Two-Wheelers (2021-2030) ($MN)
Table 6 Global Automotive Telematics Market Outlook, By Other Vehicle Types (2021-2030) ($MN)
Table 7 Global Automotive Telematics Market Outlook, By Connectivity Type (2021-2030) ($MN)
Table 8 Global Automotive Telematics Market Outlook, By Cellular (2021-2030) ($MN)
Table 9 Global Automotive Telematics Market Outlook, By Wi-Fi (2021-2030) ($MN)
Table 10 Global Automotive Telematics Market Outlook, By Bluetooth (2021-2030) ($MN)
Table 11 Global Automotive Telematics Market Outlook, By Dedicated Short-Range Communications (DSRC) (2021-2030) ($MN)
Table 12 Global Automotive Telematics Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
Table 13 Global Automotive Telematics Market Outlook, By Component (2021-2030) ($MN)
Table 14 Global Automotive Telematics Market Outlook, By Hardware (2021-2030) ($MN)
Table 15 Global Automotive Telematics Market Outlook, By Telematics Control Unit (2021-2030) ($MN)
Table 16 Global Automotive Telematics Market Outlook, By GPS Module (2021-2030) ($MN)
Table 17 Global Automotive Telematics Market Outlook, By Sensors (2021-2030) ($MN)
Table 18 Global Automotive Telematics Market Outlook, By Software (2021-2030) ($MN)
Table 19 Global Automotive Telematics Market Outlook, By Fleet Management Software (2021-2030) ($MN)
Table 20 Global Automotive Telematics Market Outlook, By Navigation Software (2021-2030) ($MN)
Table 21 Global Automotive Telematics Market Outlook, By Safety Software (2021-2030) ($MN)
Table 22 Global Automotive Telematics Market Outlook, By Service (2021-2030) ($MN)
Table 23 Global Automotive Telematics Market Outlook, By Connectivity Services (2021-2030) ($MN)
Table 24 Global Automotive Telematics Market Outlook, By Professional Services (2021-2030) ($MN)
Table 25 Global Automotive Telematics Market Outlook, By Managed Services (2021-2030) ($MN)
Table 26 Global Automotive Telematics Market Outlook, By Technology (2021-2030) ($MN)
Table 27 Global Automotive Telematics Market Outlook, By Embedded Telematics (2021-2030) ($MN)
Table 28 Global Automotive Telematics Market Outlook, By Tethered Telematics (2021-2030) ($MN)
Table 29 Global Automotive Telematics Market Outlook, By Hybrid Telematics (2021-2030) ($MN)
Table 30 Global Automotive Telematics Market Outlook, By On-Board Diagnostics (OBD) Telematics (2021-2030) ($MN)
Table 31 Global Automotive Telematics Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 32 Global Automotive Telematics Market Outlook, By Application (2021-2030) ($MN)
Table 33 Global Automotive Telematics Market Outlook, By Navigation & Location-based Services (LBS) (2021-2030) ($MN)
Table 34 Global Automotive Telematics Market Outlook, By Infotainment (2021-2030) ($MN)
Table 35 Global Automotive Telematics Market Outlook, By Remote Diagnostics (2021-2030) ($MN)
Table 36 Global Automotive Telematics Market Outlook, By Usage-Based Insurance (UBI) (2021-2030) ($MN)
Table 37 Global Automotive Telematics Market Outlook, By Vehicle Health Monitoring (2021-2030) ($MN)
Table 38 Global Automotive Telematics Market Outlook, By Other Applications (2021-2030) ($MN)
Table 39 Global Automotive Telematics Market Outlook, By End User (2021-2030) ($MN)
Table 40 Global Automotive Telematics Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
Table 41 Global Automotive Telematics Market Outlook, By Fleet Management Companies (2021-2030) ($MN)
Table 42 Global Automotive Telematics Market Outlook, By Automotive Dealerships & Service Centers (2021-2030) ($MN)
Table 43 Global Automotive Telematics Market Outlook, By Insurance Companies (2021-2030) ($MN)
Table 44 Global Automotive Telematics Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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