Press release
Vehicle Telematics Market Globally Expected to Drive Growth through 2031
Automotive Telematics Market
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Key Segments Covered
Product Type
Embedded Automotive Telematics
Integrated Automotive Telematics
Tethered Automotive Telematics
Services
Safety and Security Automotive Telematics
Information & Technology Automotive Telematics
Entertainment & Remote Diagnostics Automotive Telematics
Vehicle Type
Passenger Car Automotive Telematics
LCV Automotive Telematics
HCV Automotive Telematics
Sales Channel
Automotive Telematics Sales via OEMs
Automotive Telematics via Aftermarket
The Market insights of Automotive Telematics will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Automotive Telematics Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Automotive Telematics market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Automotive Telematics market .
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This report gives you access to decisive data such as:
• Demand of Automotive Telematics Market & Growth drivers
• Factors limiting Automotive Telematics market growth
• Current key trends of Automotive Telematics Market
• Market Size of Automotive Telematics and Automotive Telematics Sales projections for the coming years
The report also offers key trends of Automotive Telematics market and an in-depth analysis of how the projected growth factors will shape the Automotive Telematics market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Automotive Telematics Market that are developing the current market scenario and which will be lucrative for the future demand of Automotive Telematics Market.
Crucial insights in Automotive Telematics market research report:
• Underlying macro- and microeconomic factors impacting the Sales of Automotive Telematics market.
• Basic overview of the Automotive Telematics, including market definition, classification, and applications.
• Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend and supply side analysis of Automotive Telematics across various industries.
• Important regions and countries offering lucrative opportunities to market stakeholders.
To get all-in insights on the regional landscape of the Automotive Telematics Market, buy now:-https://www.factmr.com/checkout/45
Category-Wise Insights
Safety Playing Key Role for Demand of Embedded Automotive Telematics?
Increasing number of road accidents and vehicle mishaps are the key reasons driving growth for embedded automotive telematics. In addition, demand from the logistics sector for GPS navigation and emergency systems has unfolded by leaps and bounds in the last few years.
Thus, the embedded segment is anticipated to lead the market by recording a value of over US$ 6 Bn by 2031. Several product launches have become the mainstay of this segments. In January 2021, Teltrac Navman introduced an AI dual-dashboard camera, capable of capturing and analysing 100% of drive time, thereby averting possible accidents.
Collaborations and Partnerships Augmenting Demand for OEM Automotive Telematics?
The report opines that the OEM segment will enjoy its position as the forerunning sales channel in the automotive telematics market during the forecast period. This is attributed to the increase in the productive collaborations and strategic partnerships between the top automotive companies, thereby, assuring the dominance of OEM in the global automotive telematics market.
According to the report, OEM is predicted to lend absolute $ opportunity with US$ 32 Bn and Europe is anticipated to remain an attractive market for the growth of the OEM market through the forecast period.
Browse More Reports by Fact.MR : -https://www.einpresswire.com/article/557298123/demand-for-independent-front-suspension-is-estimated-to-remain-high-owing-to-the-system-of-better-handling-stability
Competitive Landscape
Prominent service providers are relying on introducing new software which facilitate advanced damage detection systems, based on cloud and artificial intelligence approaches. Noteworthy developments in the past few months are as follows:
In January 2021, Harman International Industries Inc. announced the introduction of HARMAN Turbo Connect (TBOT). The software anticipates and mitigates connectivity discrepancies on the road. This addition to the current portfolio satisfies current demand for high speed connectivity with low latency, especially when used with 5G-enabled technologies, including its Smart Conformal Antenna
In November 2021, Robert Bosch GmbH introduced its Ridecare services, equipped with a sensor box, to detect damage to a vehicle and smoke inside the vehicle. The sensor deploys a cloud-based data analysis using artificial intelligence, disbursing information on whether a vehicle has been damaged, or someone has smoked in it. Pilot projects are being initiated across North America, Asia and Germany
Explore Fact.MR’s Comprehensive Coverage on Automotive Landscape
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Autonomous Farm Equipment Market- https://www.factmr.com/report/autonomous-farm-equipment-market
Aircraft Tugs Market- https://www.factmr.com/report/2366/aircraft-tugs-market
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