Business Technology

Telematics Industry 2019 Ongoing Trends and Recent Developments

HNY Research projects that the Telematics market size will grow from USD 27.19 Billion in 2017 to USD 61.32 Billion by 2023, at an estimated CAGR of 14.51%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Upcoming regulations on vehicle and passenger safety are expected to drive the growth of the telematics market. Other factors such as the increased sales of mid and premium segment vehicles, growing inclination toward entertainment services, technological developments in 5G technology and semi-autonomous/autonomous vehicles, and rising demand for diagnostic data to improve vehicle performance have driven the growth of the telematics market for on- & off-highw vehicles.

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By Market Players:
Robert Bosch GmbH?, Continental AG?, LG Electronics?, Verizon?, Harman International?, Delphi Automotive PLC?, Visteon Corporation?, Magneti Marelli S.P.A.?, Tomtom International Bv.?, Qualcomm Technologies, Inc.?, Intel Corporation?, Trimble Inc., , , , , , , , , , , , , , , , , , , , , , , , , , , ,

By Services
Automatic Crash Notification (ACN) , Emergency Calling , Navigation & Infotainment, On-Road Assistance , Remote Diagnostics, , , ,

By Form Factor
Embedded , Integrated, Tethered , , , , , ,

By Equipment Type
Fuel Management, Location/Usage Tracking, Maintenance & Repair Scheduling, Navigation , Diagnostics , , , ,

By Technology
Cellular Technology, Satellite Technology, , , , , , ,

By Hardware
Infotainment Display Unit , Telematics Control Unit (TCU), , , , , , ,

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By Vehicle Type
Passenger Car , Light Commercial Vehicles (LCV) , Heavy Commercial Vehicles (HCV), , , , , ,

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