The global Telematics Solutions market gathered revenue around USD 30.1 Billion in 2020 and market is set to grow USD 64.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 17.2% during the prediction period 2021 to 2027. An increase in efforts by the government for developing an intelligent transportation system, developments in 5G connectivity, increasing demand for smartphone features in the car and automated driving technologies along with passenger safety features will boost the demand for telematics solutions market.
The new study made on Telematics Solutions market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2027. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics.
COVID-19 Impact:
The industrial report mentions about the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The Telematics Solutions report proficiently explains about the resulting factors and concerns of manufacturers. Researchers have also well-explained about how the producers and providers will tackle with the ongoing epidemic and the key strategies to be adopted post pandemic for turning their businesses back to normal.
Regional Insights:
The Telematics Solutions market is segmented as North America, South America, Europe, Asia Pacific, and Middle East and Africa. Researchers have thoroughly studied about the historical market. With extensive research, experts have offered details on the current and the forecast demand made by these regions. The Telematics Solutions report also includes highlights on the prevailing product demanded by end users and end customers for better understanding of product demand by producers. This will help the producers and the marketing executives to plan their production quantity and plan effective marketing strategies to more buyers. Businesses can hence, increase their product portfolio and expand their global presence. Telematics Solutions market research report further offers information on the unexplored areas in these regions to help the producers to plan promotional strategies and create demand for their new and updated products. This will again help the manufacturers to increase their customers and emerge as leaders in the near future.
Major Players Covered in this Report
The updated market research report on Telematics Solutions market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Significant Market Participants Operational in the Telematics Solutions Market are:
Robert Bosch GmbH (Germany), AT&T INC. (US), Continental AG (Germany), LG Electronics (South Korea), and Verizon (US).
Market Segmentation:
The report is divided into major categories comprising product, application, regions and others. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Every segment is studied thoroughly in order to offer a better picture to the buyers and stakeholders to benefit from. Information like highest prevailing product, highly demanded product by the application segment and end users are rightly mentioned in the Telematics Solutions report.
Based on the Service, the market
Based on the Hardware, the market
Based on the form type, the market
Based on the Vehicle Type, the market
Based on Connectivity, the market
Based on Aftermarket, the market
Based on Service Type (Fleet Management), the market
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Manufacturers
The report includes comprehensive company profiling of leading and emerging companies competing in the global Telematics Solutions market. It provides a detailed list of players operating at a global level. The players have been listed according to the type of products they offer in the global Telematics Solutions market and other factors. As part of the company profiling, the analysts authoring the report has provided the market entry year of each player considered for the research study. The report also offers extensive price, volume sales, and revenue analysis by the manufacturer at the global level for the period 2016-2021.
In this study, the years considered to estimate the market size of Telematics Solutions are as follows:
The Queries answered by Telematics Solutions Market Research Report include:
Research Methodology
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
OBJECTIVES OF THE STUDY
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Telematics Solutions Market, By Service
7.1. Telematics Solutions Market, by Service, 2021-2027
7.1.1. Automatic Crash Notification
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Emergency Calling
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Navigation
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. On-Road Assistance
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Remote Diagnostics
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. On-Road Assistance
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Vehicle Tracking/Recovery (Fleet Management)
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. Insurance Risk Assessment
7.1.8.1. Market Revenue and Forecast (2016-2027)
7.1.9. Driver Behaviour
7.1.9.1. Market Revenue and Forecast (2016-2027)
7.1.10. Billing Services
7.1.10.1. Market Revenue and Forecast (2016-2027)
7.1.11. Others
7.1.11.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Telematics Solutions Market, By Hardware
8.1. Telematics Solutions Market, by Hardware, 2021-2027
8.1.1. Telematic Control Unit
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Navigation Systems
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Communication Devices
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Audio/Video Interface
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. CAN Bus
8.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Telematics Solutions Market, By Type
9.1. Telematics Solutions Market, by Type, 2021-2027
9.1.1. Embedded
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Tethered
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Integrated
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Telematics Solutions Market, By Vehicle Type
10.1. Telematics Solutions Market, by Vehicle Type, 2021-2027
10.1.1. Passenger Car
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. LCV
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Truck
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Bus
10.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 11.Global Telematics Solutions Market, By Connectivity
11.1. Telematics Solutions Market, by Connectivity, 2021-2027
11.1.1. Satellite
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.2. Cellular
11.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 12.Global Telematics Solutions Market, By Aftermarket
12.1. Telematics Solutions Market, by Aftermarket, 2021-2027
12.1.1. Passenger Car Aftermarket
12.1.1.1. Market Revenue and Forecast (2016-2027)
12.1.2. LCV Aftermarket
12.1.2.1. Market Revenue and Forecast (2016-2027)
12.1.3. HCV Aftermarket
12.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 13.Global Telematics Solutions Market, By Service Type
13.1. Telematics Solutions Market, by Service Type, 2021-2027
13.1.1. Consulting
13.1.1.1. Market Revenue and Forecast (2016-2027)
13.1.2. Implementation
13.1.2.1. Market Revenue and Forecast (2016-2027)
13.1.3. Maintenance
13.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 14.Global Telematics Solutions Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Service (2016-2027)
14.1.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.1.3. Market Revenue and Forecast, by Type (2016-2027)
14.1.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.1.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.1.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.1.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.1.8. U.S.
14.1.8.1. Market Revenue and Forecast, by Service (2016-2027)
14.1.8.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.1.8.3. Market Revenue and Forecast, by Type (2016-2027)
14.1.8.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.1.8.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.1.8.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.1.8.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Service (2016-2027)
14.1.9.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.1.9.3. Market Revenue and Forecast, by Type (2016-2027)
14.1.9.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.1.9.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.1.9.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.1.9.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.2. Europe
14.2.1. Market Revenue and Forecast, by Service (2016-2027)
14.2.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.2.3. Market Revenue and Forecast, by Type (2016-2027)
14.2.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.2.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.2.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.2.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Service (2016-2027)
14.2.8.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.2.8.3. Market Revenue and Forecast, by Type (2016-2027)
14.2.8.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.2.8.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.2.8.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.2.8.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.2.9. Germany
14.2.9.1. Market Revenue and Forecast, by Service (2016-2027)
14.2.9.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.2.9.3. Market Revenue and Forecast, by Type (2016-2027)
14.2.9.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.2.9.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.2.9.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.2.9.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.2.10. France
14.2.10.1. Market Revenue and Forecast, by Service (2016-2027)
14.2.10.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.2.10.3. Market Revenue and Forecast, by Type (2016-2027)
14.2.10.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.2.10.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.2.10.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.2.10.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.2.11. Rest of Europe
14.2.11.1. Market Revenue and Forecast, by Service (2016-2027)
14.2.11.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.2.11.3. Market Revenue and Forecast, by Type (2016-2027)
14.2.11.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.2.11.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.2.11.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.2.11.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Service (2016-2027)
14.3.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.3.3. Market Revenue and Forecast, by Type (2016-2027)
14.3.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.3.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.3.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.3.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.3.8. India
14.3.8.1. Market Revenue and Forecast, by Service (2016-2027)
14.3.8.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.3.8.3. Market Revenue and Forecast, by Type (2016-2027)
14.3.8.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.3.8.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.3.8.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.3.8.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.3.9. China
14.3.9.1. Market Revenue and Forecast, by Service (2016-2027)
14.3.9.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.3.9.3. Market Revenue and Forecast, by Type (2016-2027)
14.3.9.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.3.9.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.3.9.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.3.9.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.3.10. Japan
14.3.10.1. Market Revenue and Forecast, by Service (2016-2027)
14.3.10.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.3.10.3. Market Revenue and Forecast, by Type (2016-2027)
14.3.10.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.3.10.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.3.10.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.3.10.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.3.11. Rest of APAC
14.3.11.1. Market Revenue and Forecast, by Service (2016-2027)
14.3.11.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.3.11.3. Market Revenue and Forecast, by Type (2016-2027)
14.3.11.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.3.11.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.3.11.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.3.11.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Service (2016-2027)
14.4.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.4.3. Market Revenue and Forecast, by Type (2016-2027)
14.4.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.4.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.4.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.4.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.4.8. GCC
14.4.8.1. Market Revenue and Forecast, by Service (2016-2027)
14.4.8.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.4.8.3. Market Revenue and Forecast, by Type (2016-2027)
14.4.8.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.4.8.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.4.8.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.4.8.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.4.9. North Africa
14.4.9.1. Market Revenue and Forecast, by Service (2016-2027)
14.4.9.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.4.9.3. Market Revenue and Forecast, by Type (2016-2027)
14.4.9.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.4.9.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.4.9.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.4.9.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.4.10. South Africa
14.4.10.1. Market Revenue and Forecast, by Service (2016-2027)
14.4.10.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.4.10.3. Market Revenue and Forecast, by Type (2016-2027)
14.4.10.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.4.10.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.4.10.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.4.10.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.4.11. Rest of MEA
14.4.11.1. Market Revenue and Forecast, by Service (2016-2027)
14.4.11.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.4.11.3. Market Revenue and Forecast, by Type (2016-2027)
14.4.11.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.4.11.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.4.11.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.4.11.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Service (2016-2027)
14.5.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.5.3. Market Revenue and Forecast, by Type (2016-2027)
14.5.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.5.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.5.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.5.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.5.8. Brazil
14.5.8.1. Market Revenue and Forecast, by Service (2016-2027)
14.5.8.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.5.8.3. Market Revenue and Forecast, by Type (2016-2027)
14.5.8.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.5.8.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.5.8.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.5.8.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Service (2016-2027)
14.5.9.2. Market Revenue and Forecast, by Hardware (2016-2027)
14.5.9.3. Market Revenue and Forecast, by Type (2016-2027)
14.5.9.4. Market Revenue and Forecast, by Vehicle Type (2016-2027)
14.5.9.5. Market Revenue and Forecast, by Connectivity (2016-2027)
14.5.9.6. Market Revenue and Forecast, by Service Type (2016-2027)
14.5.9.7. Market Revenue and Forecast, by Aftermarket (2016-2027)
Chapter 15. Company Profiles
15.1. Robert Bosch GmbH
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Robert Bosch GmbH
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Robert Bosch GmbH
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. LG Electronics
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Verizon
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms