Automotive Telematics Market 2020–2024 | Popularity of EVs to Boost Growth | Technavio
Technavio has been monitoring the automotive telematics market and it is poised to grow by 65.76 million units during 2020–2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is highly fragmented, and the degree of fragmentation will decelerate during the forecast period. Agero Inc., Airbiquity Inc., Continental AG, LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, TomTom International BV, Trimble Inc., Verizon Communications Inc., and Visteon Corp. are some of the major market participants. The popularity of EVs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Popularity of EVs has been instrumental in driving the growth of the market.
Automotive Telematics Market 2020–2024: Segmentation
Automotive Telematics Market is segmented as below:
- Application
- Fitment
- Geographic Landscape
- Commercial Vehicles
- Passenger Cars
- Embedded
- Smartphone Integration
- Tethered
- APAC
- Europe
- MEA
- North America
- South America
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Automotive Telematics Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive telematics market report covers the following areas:
- Automotive Telematics Market Size
- Automotive Telematics Market Trends
- Automotive Telematics Market Industry Analysis
This study identifies the presence of a conducive technology environment as one of the prime reasons driving the automotive telematics market growth during the next few years.
Automotive Telematics Market 2020–2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive telematics market, including some of the vendors such as Agero Inc., Airbiquity Inc., Continental AG, LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, TomTom International BV, Trimble Inc., Verizon Communications Inc., and Visteon Corp. Backed with competitive intelligence and benchmarking, our research reports on the automotive telematics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
