|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, September 09, 2019 ) Market Overview:
• Telematics is a collection of automatic vehicle connectivity solutions usually based on cellular technology for both private and business users. Telematics technologies provide two-way wireless communication possibilities for vehicles regardless of their geographical location. In 2017, the significant trend seen is the availability of a wide range of “value-added services” based on automotive telematics technology such as roadside assistance, vehicle diagnostic and smart maintenance service.
Market Dynamics:
• The major factors that drive the telematics market are safety and security concerns, 24×7 connectivity, superior driving features, provision of online vehicle diagnostics & maintenance alerts, advanced connectivity solutions, and others. The Major restraints of the market are additional expenses borne by the customer for availing the telematics services, the threat of hackers breaching the security and accessing data or causing a nuisance to the vehicle system, non-availability of constant & seamless connectivity, and lack of awareness among customers in specific regions.
Market Segmentation:
• The global market for Automotive Telematics market by service is divided into Safety & Security, Information & Navigation and Remote Diagnostics
• The global market for Automotive Telematics market by product is segmented into tethered, embedded, and integrated systems. Smartphone integration, where apps run on the phone and the human-machine interface (HMI) is transferred to a vehicle, is likely to be a long-term companion to embedded and tethered solutions to support the passengers preferred lifestyle apps such as internet radio. A seamless in-vehicle experience for consumers will depend on overcoming existing barriers for both embedded and tethered connectivity. Tethering services revenues for telematics and infotainment systems are amounts to USD 909 million in 2016.
• The global market for Automotive Telematics market by vehicle is segmented into passenger cars and commercial vehicles. Commercial vehicles are further classified into light commercial vehicles and heavy commercial vehicles. The future of the global automotive telematics industry looks promising with many opportunities in the passenger car and light commercial vehicle. Connected vehicles transmit data to backend servers, belonging to different entities. The first is servers belonging to the OEM of the car itself, which collect performance data and can remotely distribute OTA (Over the Air) software updates if needed. Telematics and application servers not only collect data about the vehicle’s activity but can also send them specific commands, which can have a frightening effect in the wrong hands.
Geographical Analysis:
• The global automotive telematics market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
• The major growth technologies in North America will likely be associated with safety. This is because of the emphasis that the National Highway Traffic Safety Administration (NHTSA) places on reducing crashes and saving lives associated with vehicle crashes.
• Moreover, rising government initiatives concerning security and safety levels of vehicles are the crucial factor for market growth. For instance, the Indian Government has allocated USD 2.4 Billion for improving safety and network systems in metropolitan cities. In the year 2016, the China government made mandatory for satellite installation of telematics systems in commercial vehicles.
Company profiles
The main four players in the automotive telematics are
• Agero Inc.,
• I.D.Systems, Inc.,
• Airbiquity Inc.,
• Others
View full sample report: https://www.datamintelligence.com/research-report/automotive-telematics-market
Download free sample: https://www.datamintelligence.com/download-sample/automotive-telematics-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
