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Automotive Telematics Bazaar Analysis Report: By Agent Type (Passenger Car, Commercial Vehicle), System Type (Embedded, Tethered, Integrated), Casework (Safety and Security, Infotainment and Navigation, Remote Diagnostics), Advice Technology (V2V, V2I)

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NEW YORK, Feb. 17, 2020 (GLOBE NEWSWIRE) — According to the bazaar analysis address appear by P&S Intelligence, the all-around automotive telematics bazaar allotment admired at $27.7 billion in 2019, which is projected to ability $149.9 billion by 2030, with a CAGR of 16.6% during 2020–2030. The commuter car class bedeviled the bazaar throughout the actual period, attributable to the growing acceptance and affiliation of telematics systems by commuter car manufacturers, globally.

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Connected cars action advantages to users, such as vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) interfaces. Further, affiliation of telematics solutions into affiliated cars is awful crucial, as these cars are able with V2V and V2I connectivity, which are two of the primary apparatus of telematics solutions. Moreover, features, such as smartphone connectivity aural the vehicle, roadside assistance, cartage and blow warnings, auto diagnostics, and real-time cartage monitoring, offered by affiliated cars, are added affective the automotive telematics bazaar growth.

The appeal for chip systems is projected to abound at a faster amount in the automotive telematics bazaar during the anticipation period. This can be mainly due to the accretion sales of electric cartage and growing appeal for internet affiliated infotainment units in mid-range and exceptional commuter vehicles.

Browse address overview with 74 tables and 53 abstracts advance through 140 pages and abundant TOC on “Automotive Telematics Bazaar Analysis Report: Industry Size, Share, Development and Appeal Anticipation to 2030” at: https://www.psmarketresearch.com/market-analysis/global-telematics-market

The V2V class captivated the better allotment in the automotive telematics bazaar in 2019, due to acrimonious government regulations. According to a apprehension of proposed rulemaking (NPRM), 100% of all new cars will accept committed short-range advice (DSRC) technology installed by 2023 in the U.S., accretion from 75% in 2022 and 50% in 2021.

In 2019, North America and Europe captivated the accumulative allotment of over 65%, in agreement of value, in the automotive telematics market. Globally, North America generated the accomplished acquirement in the bazaar in 2019. This is majorly due to the aerial acceptance of in-vehicle affiliated technology in the region. Whereas, the LAMEA bazaar is accepted to attestant the fastest advance during the anticipation period. This can be attributed to the actuality that the bazaar in developing countries of the region, such as Brazil and Mexico, is still at a beginning date and depends abundantly on government behavior and basement development.

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The all-around automotive telematics bazaar is burst in nature, with above players, including Teletrac Navman US Ltd., MiX Telematics Ltd., Verizon Communications Inc., Robert Bosch GmbH, Valeo SA, and HARMAN International Industries Inc., are operating apart in the altered countries and cities beyond the world.

Other cogent players in the bazaar accommodate Inseego Corp., Visteon Corp., DENSO CORP., General Motors Co., Telefonica SA, TomTom NV, Trimble Inc., and Masternaut Ltd.

More Reports of Automotive and Transportation By P&S Intelligence

On-Demand Acumen Market

Together, North America and APAC are accepted to annual for over 80% allotment in the on-demand acumen bazaar by 2030. However, the APAC arena is estimated to attestant the fastest advance in the bazaar during the anticipation period. 


Mobility as a Service Market

Geographically, the better acquirement in MaaS bazaar is generated by Asia-Pacific (APAC). The APAC bazaar has witnessed exponential advance in contempo years, mainly on annual of the ascent customer appeal for aggregate advancement services, accretion disposable income, and growing government apropos over air abuse in the region, abnormally in Taiwan and India. 

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