736 , Shakti Khund III , New Delhi
+1778-732-2565

Global Telematics Solutions Market By Form Type (Integrated, Embedded, Others), By Services (Billing Services, Driver Behavior, Others), By Connectivity, By Hardware, By Vehicle Type, By Region, Forecast & Opportunities to 2026

The global telematics solutions market accounted for a value of USD 25.9 billion in 2019 and is expected to grow at a CAGR of 13.2% during forecast period.

COVID-19 has impacted telematics solutions market. COVID-19 has impacted the automotive market adversely. The vehicles sales have been declined and the companies were shut down for few months due to lockdown across the globe. The OEMs are not very much interested in investing in different features for next one or two years. The decline in vehicle sales lead to decrease in production activities which decreases adoption of telematics solutions in the automotive sector.

Definition:

Telematics is a field that encompasses vehicular technologies, telecommunications, electrical engineering, wireless communications and computer science etc. It involves technologies of storing, receiving and sending information through telecommunication devices in order to control remote objects.  It includes global navigation satellite technology integrated with mobile and computers communications technology.

Market Dynamics (Drivers/Opportunities):

The focus is increasing towards improving the efficiency and governments of various countries are implementing various regulations for vehicle telematics to provide better and improved safety to consumers. The ease of vehicle diagnosis is increasing which increases adoption of telematics solutions. This drives growth in telematics solutions market during forecast period.

The trend for electric vehicle and connected cars is increasing across the world. The advancement in technology is increasing and people are demanding such advanced features in the vehicles. The demand for telematics in vehicles is increasing by consumers.  The integration of IoT, AI and cloud-based technology is increasing in vehicles. This drives growth in telematics solutions during forecast period.

Market Insights, by Services

On the basis of services, the telematics solutions market is segmented into emergency calling, automatic crash notification, on-road assistance, navigation & infotainment, vehicle tracking/recovering (fleet management), remote diagnostics, insurance risk assessment, billing services, driver behavior and others. The vehicle tracking/ recovery (fleet management) segment is estimated to register growth at higher CAGR during forecast period. The adoption is increasing for fleet management as it provides various benefits such as reduces running cost, enhances safety and increases the safety. This increases the demand and adoption for fleet management systems and drives growth in this segment during forecast period.

Market Insights, by Form Type

On the basis of form type, the telematics solutions market is segmented into integrated, embedded and tethered. The embedded system segment is estimated to hold largest market share during forecast period. The government is implementing various mandates and cloud based services are growing immensely. The focus is shifting towards cost optimization of service plans. Telematics services can be efficiently used with embedded connectivity solution in the vehicles such as remote, diagnostics and eCall etc.  The regulations imposed by government are the primary driving factor. This increases demand for embedded systems and drives growth in this segment during forecast period.

Regional Insights

Asia-Pacific region is estimated to dominate the market during forecast period. The Countries such as China, South Korea and Japan are estimated to lead the market in Asia-Pacific region during forecast period. The government is implementing various policies for telematics solutions and regarding safety and security. This increases growth in telematics solutions market in Asia-Pacific region. The connectivity solutions trend is increasing in this region and this drives growth in Asia-Pacific region in telematics solutions market during forecast period.

Key Companies & Market Share Insights

The key market players in telematics solutions industry are Robert Bosch GMBH, Continental AG, LG Electronics, Verizon, Harman International, Delphi Automotive PLC, Visteon Corporation, Magneti marelli S.P.A., TOMTOM International, Qualcomm Technologies INC., Intel Corporation, Trimble INC., AT&T, Mix Telematics, Octo Telematics, Airbiquity INC., Masternaut Limited and CalAmp.

Segments Covered in the Report

This report forecasts The Global Telematics Solutions Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global telematics solutions market report on the basis of form type, services, connectivity, hardware and vehicle type.

Telematics Solutions Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Telematics Solutions Market, By Form Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Integrated
  • Embedded
  • Tethered
  1. Telematics Solutions Market, By Services, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Emergency Calling
  • Automatic Crash Notification
  • On-road Assistance
  • Navigation & Infotainment
  • Vehicle Tracking/Recovering (Fleet Management)
  • Remote Diagnostics
  • Insurance Risk Assessment
  • Billing Services
  • Driver Behavior
  • Others
  1. Telematics Solutions Market, By Vehicle Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Passenger Car
  • Light Commercial Vehicle
  • Truck
  • Bus
  1. Telematics Solutions Market, By Connectivity, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Satellite
  • Cellular
  1. Telematics Solutions Market, By Hardware, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Navigation Systems
  • Commercial Telematic Control Unit
  • Communication Devices
  • Audio/Video Interface
  • Can Bus
  1. Telematics Solutions Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Form Type
    • By Services
    • By Vehicle Type
    • By Connectivity
    • By Hardware
    • By Country
      • USA
        • By Vehicle Type
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Form Type
      • By Services
      • By Vehicle Type
      • By Connectivity
      • By Hardware
      • By Country
        • Brazil
          • By Vehicle Type
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Form Type
        • By Services
        • By Vehicle Type
        • By Connectivity
        • By Hardware
        • By Country
          • UK
            • By Vehicle Type
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Form Type
          • By Services
          • By Vehicle Type
          • By Connectivity
          • By Hardware
          • By Country
            • China
              • By Vehicle Type
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Form Type
            • By Services
            • By Vehicle Type
            • By Connectivity
            • By Hardware
            • By Country
              • Saudi Arabia
                • By Vehicle Type
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • CalAmp
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • Robert Bosch GMBH
    • Continental AG
    • LG Electronics
    • Verizon
    • Harman International
    • Delphi Automotive PLC
    • Visteon Corporation
    • Magneti Marelli S.P.A.
    • TOMTOM International
    • Qualcomm Technologies INC.
    • Intel Corporation
    • Trimble INC.
    • AT&T
    • Mix Telematics
    • Octo Telematics
    • Airbiquity INC.
    • Masternaut Limited
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source 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, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations