Telematics can create intelligent traffic management that will offer various services such as real-time positioning, live traffic updates, stolen vehicle recovery, parking management, electronic till systems, and vehicle diagnostics, which will improve road safety. Telematics potentially helps usage-based insurance (UBI) business model by benefitting consumers and insurers by providing better risk assessment and over-the-top incentives. Telematics can measure a wide range of factors such as Global Positioning System (GPS), total miles driven, hard braking, airbag deployment, rapid acceleration, hard cornering, and time of day for underwriters to analyze and set premium accordingly.

It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of automotive telematics through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.

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The Global Automotive Telematics Market research study published by Emergen Research is an extensive collection of insightful information about the Automotive Telematics industry. The report covers the Automotive Telematics Market segmentation along with a detailed outline of the Automotive Telematics market size with regards to volume and valuation. The report provides comprehensive coverage of the Automotive Telematics market scenario for the current period and forecast timeline of 2020-2027. The Automotive Telematics market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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The key companies studied in the report are:

Trimble Inc., AirIQ Inc., Actsoft, Verizon, Airbiquity Inc., Ctrack, Masternaut Limited, Mix Telematics, TomTom International BV., and I.D. Systems Inc.

Emergen Research has segmented global automotive telematics market on the basis of vehicle type, sales-channel, connectivity solutions, application, and region:

• Vehicle Type Outlook (Revenue, USD Million; 2019–2030)
  • Commercial Vehicles
  • Passenger Cars
  • Two-Wheelers

• Sales-channel Outlook (Revenue, USD Million; 2019–2030)
  • Aftermarket
  • OEM

• Connectivity Solutions Outlook (Revenue, USD Million; 2019–2030)
  • Embedded
  • Tethered
  • Smart Phone

• Applications Outlook (Revenue, USD Million; 2019–2030)
  • Infotainment system
  • Insurance Telematics
  • Navigation & Location Based System
  • Asset / Fleet Management
  • Safety & Security
  • V2X
  • Others

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

The report addresses the following key points:

• The report estimates the expected market size from 2020-2027
• The report provides a forecast of market drivers, restraints, and future opportunities for the Automotive Telematics market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

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