The global automotive embedded telematics market size is expected to be worth around US$ 42.70 billion by 2030, according to a new report by Vision Research Reports.
The global automotive embedded telematics market size was valued at US$ 10.73 billion in 2020 and is anticipated to grow at a CAGR of 21.9% during forecast period 2021 to 2030.
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|Market Size||US$ 42.70 Bn by 2030|
|Growth Rate||CAGR of 21.9% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Component, Solution, Application|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Ford Motor Company; Continental AG; General Motors Company; TomTom Telematics BV; Hyundai Motor Company; Toyota Motor Corporation; MiX Telematics International Ltd.; INFINITI Motor Company Ltd.; BMW Group; and Verizon Connect|
The increasing volumes of passenger and commercial vehicles and demand for improved in-vehicle connectivity in the Asia Pacific region are expected to accelerate market growth. The installation/inclusion of features such as automatic collision notifications, hands-free calling, and driver assistance in connected passenger and commercial vehicles further encourages the growing adoption of automotive embedded telematics systems. Introduction of navigation services, along with the implementation of data services such as application-based services, content management, among others are anticipated to further fuel the demand in the near future.
Ford Motor Company, Continental AG, General Motors Company, TomTom Telematics BV, Hyundai Motor Company, Toyota Motor Corporation, MiX Telematics International Ltd., INFINITI Motor Company Ltd., BMW Group, and Verizon Connect.
- By Component
- By Solution
- Safety & Security
- Information & Navigation
- Remote Diagnostics
- By Application
- Passenger Cars
- Commercial Vehicles
- North America
- The U.S.
- The U.K.
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
- North America
Browse complete table of contents at https://www.visionresearchreports.com/automotive-embedded-telematics-market/toc/38786
In this study, the years considered to estimate the market size of Automotive Embedded Telematics are as follows:
- History Year: 2017-2020
- Base Year: 2021
- Forecast Year 2021 to 2030
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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