ID: MRFR/ICT/0615-HCR | February 2021 | Region: Global | 110 pages
Source: MRFR Analysis
Competitive Landscape
There are many giant key players in the telematics research market across the globe. Some of these giants are mentioned below:
Market Dynamics
Drivers
The increasing growth of the telematics solution market is possible because of the emerging advancement in digital technology. The telematics solutions market has made possible communication between humans and machines and they are expected to grow further during the forecasted period. Artificial Intelligence which is the root cause in transportation, automation, construction, and industrial applications is one of the fastest-growing technology.
Opportunities
Telematics solutions are evolving in themselves and covering all the broader areas such as infrastructure, automotive, road, and health, and much more behavior the telematics market Industry is at the boom. It is also increasing its logistics and transport sector because of the growing demand shortly. It is expected to grow with a high CAGR of 20% soon which has many opportunities in the global market.
Threats
Telematics solutions with various opportunities in the global market also come with many threats and restraints. The most prominent restraint is the high initial cost and the high maintenance cost of the telematics market products. Since telematics solutions is a concept based on technology, it attracts various cyber-attacks. Hence businesses should take proper cybersecurity-related measures.
Value Chain Analysis
The telematics solution is the new technology trend. With the help of the telematics solutions market, accidents have reduced many times as it reports speeding and aggressive braking. It helps in improving the performance categorize drivers and their behaviour included. It ensures road safety for the fleet of vehicles. The new trend of telematics solutions also helps in in-cab coaching device that gives instant feedback regarding driving skills.
The telematics solutions market has shown a new way in the world of driving. Because of the increasing standards of telematics solutions, now businesses are spending a lot in research and development for the production of new products and to improve the existing products. So that they can make good quality cost-effective products to increase their profit margins.
Segment Overview
The telematics research market is categorised based on technology, services, and application.
By the Technology
The telematics research market, based on technology is divided into embedded, portable, and hybrid.
By the Services
The telematics research market, based on services can be categorized as navigation services, diagnostic services, on-demand infotainment service, and maintenance and security service.
By the Application
The telematics research market, based on the application can be sub-divided into commercial applications, automotive applications, IT and Telecommunication applications, healthcare, and government.
Regional Analysis
The global telematics research market is dominated by North America due to its high adoption of technology in recent years. Among all the countries in North America, the United States holds the major share for its growth mainly in commercial telematics. Not only this, high demand for a premium car with great comfort and advanced safety features has driven high growth in the global telematics research market.
Europe region is giving tough competition to North America and hence gets the second position globally. Europe region is leading due to the advancement in the automobile industry. As the Asia-Pacific region is the fastest-growing region in all the perspectives, it holds the third position in the global market share of the telematics research market. This is also because of the increase in initiatives taken by the government.
Recent Developments
Report Overview
This report tells about the various growth opportunities available in the global market for the telematics solution market. This also captures the ill effects of the global pandemic of COVID 19 on the overall life of businesses. This report also covers various functions of the telematics solutions in the past. The estimation of future growth of the telematics solution market in the coming years is forecasted and mentioned.
Technology
Application programming interface, yard navigation, social media integration, direct connections with customers, photo reporting, video, OEM/Factory-Fit, improved prognostics for vehicle maintenance, cloud enablement.
Uses
Telematics solution market is used by smart components manufacturers, government agencies, electronic components manufacturers, value-added resellers, auto parts sellers, research firms, automation, and control networking technologies vendors, component manufacturers (sensors and controls), and many others.
Frequently Asked Questions (FAQ) :
Increasing implementation of renewable sources of energy within an electric vehicle, mounting demand for wireless connectivity in automobiles, a surge in information and communication technology and telecommunications across various sectors, and rising government initiatives for on-road public safety are some factors that drive the market of telematics solutions.
The hybrid segment, portable segment, embedded segment are the two segments, in the technology segment.
Prominent vendors are constantly innovating their products and also making large investments in research and development to offer an expansive, cost-effective portfolio. In recent years, the market has experienced many mergers and acquisitions between the players, with the aim to better their position in the coming years.
Embedded, portable and hybrid are the top segments, depending on technology.
Rising application of telematics in industries such as automotive, transportation, logistics, supply chain, healthcare, IT & Telecommunication and retail are the factors responsible for the massive market growth in Europe.
The rising use of telematics solutions in various sectors like in automotive sector, logistics sector, transportation sector supply chain sector, healthcare sector, IT and telecommunication sector, and retail sector are responsible for the tremendous market growth rate in Europe
The most prominent market trend is the increase in Artificial Intelligence in the telematics solutions market.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Telematics Market
5 Deployment Overview Of Global Telematics Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Telematics Market By Technology
7.1 Introduction
7.2 Embedded
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast By Region, 2020-2027
7.3 Portable
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast By Region, 2020-2027
7.4 Hybrid
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast By Region, 2020-2027
8. Global Telematics Market By Service
8.1 Introduction
8.2 Navigation
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast By Region, 2020-2027
8.3 Diagnostics
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast By Region, 2020-2027
8.4 On-Demand Infotainment
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast By Region, 2020-2027
8.5 Maintenance & Security
8.5.1 Market Estimates & Forecast, 2020-2027
8.5.2 Market Estimates & Forecast By Region, 2020-2027
9. Global Telematics Market By Application
9.1 Introduction
9.2 Commercial
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast By Region, 2020-2027
9.3 Automotive
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast By Region, 2020-2027
9.4 IT & Telecommunication
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast By Region, 2020-2027
9.5 Healthcare
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast By Region, 2020-2027
9.6 Government
9.6.1 Market Estimates & Forecast, 2020-2027
9.6.2 Market Estimates & Forecast By Region, 2020-2027
10. Global Telematics Market By Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast By Technology, 2020-2027
10.2.3 Market Estimates & Forecast By Service, 2020-2027
10.2.4 Market Estimates & Forecast By Deployment, 2020-2027
10.2.5 U.S.
10.2.5.1 Market Estimates & Forecast, 2020-2027
10.2.5.2 Market Estimates & Forecast By Technology, 2020-2027
10.2.5.3 Market Estimates & Forecast By Service, 2020-2027
10.2.5.4 Market Estimates & Forecast By Deployment, 2020-2027
10.2.6 Mexico
10.2.6.1 Market Estimates & Forecast, 2020-2027
10.2.6.2 Market Estimates & Forecast By Technology, 2020-2027
10.2.6.3 Market Estimates & Forecast By Service, 2020-2027
10.2.6.4 Market Estimates & Forecast By Deployment, 2020-2027
10.2.7 Canada
10.2.7.1 Market Estimates & Forecast, 2020-2027
10.2.7.2 Market Estimates & Forecast By Technology, 2020-2027
10.2.7.3 Market Estimates & Forecast By Service, 2020-2027
10.2.7.4 Market Estimates & Forecast By Deployment, 2020-2027
10.3 Europe
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast By Technology, 2020-2027
10.3.3 Market Estimates & Forecast By Service, 2020-2027
10.3.4 Market Estimates & Forecast By Deployment, 2020-2027
10.3.5 Germany
10.3.5.1 Market Estimates & Forecast, 2020-2027
10.3.5.2 Market Estimates & Forecast By Technology, 2020-2027
10.3.5.3 Market Estimates & Forecast By Service, 2020-2027
10.3.5.4 Market Estimates & Forecast By Deployment, 2020-2027
10.3.6. France
10.3.6.1 Market Estimates & Forecast, 2020-2027
10.3.6.2 Market Estimates & Forecast By Technology, 2020-2027
10.3.6.3 Market Estimates & Forecast By Service, 2020-2027
10.3.6.4 Market Estimates & Forecast By Deployment, 2020-2027
10.3.7 U.K
10.3.7.1 Market Estimates & Forecast, 2020-2027
10.3.7.2 Market Estimates & Forecast By Technology, 2020-2027
10.3.7.3 Market Estimates & Forecast By Service, 2020-2027
10.3.7.4 Market Estimates & Forecast By Deployment, 2020-2027
10.4 Asia Pacific
10.4.1 Market Estimates & Forecast, 2020-2027
10.4.2 Market Estimates & Forecast By Technology, 2020-2027
10.4.3 Market Estimates & Forecast By Service, 2020-2027
10.4.4 Market Estimates & Forecast By Deployment, 2020-2027
10.4.5 China
10.4.5.1 Market Estimates & Forecast, 2020-2027
10.4.5.2 Market Estimates & Forecast By Technology, 2020-2027
10.4.5.3 Market Estimates & Forecast By Service, 2020-2027
10.4.5.4 Market Estimates & Forecast By Deployment, 2020-2027
10.4.6 India
10.4.6.1 Market Estimates & Forecast, 2020-2027
10.4.6.2 Market Estimates & Forecast By Technology, 2020-2027
10.4.6.3 Market Estimates & Forecast By Service, 2020-2027
10.4.6.4 Market Estimates & Forecast By Deployment, 2020-2027
10.4.7 Japan
10.4.7.1 Market Estimates & Forecast, 2020-2027
10.4.7.2 Market Estimates & Forecast By Technology, 2020-2027
10.4.7.3 Market Estimates & Forecast By Service, 2020-2027
10.4.7.4 Market Estimates & Forecast By Deployment, 2020-2027
10.4.8 Rest Of Asia Pacific
10.4.8.1 Market Estimates & Forecast, 2020-2027
10.4.8.2 Market Estimates & Forecast By Technology, 2020-2027
10.4.8.3 Market Estimates & Forecast By Service, 2020-2027
10.4.8.4 Market Estimates & Forecast By Deployment, 2020-2027
10.5 Rest Of The World
10.5.1 Market Estimates & Forecast, 2020-2027
10.5.2 Market Estimates & Forecast By Technology, 2020-2027
10.5.3 Market Estimates & Forecast By Service, 2020-2027
10.5.4 Market Estimates & Forecast By Deployment, 2020-2027
10.5.5 The Middle East & Africa
10.5.5.1 Market Estimates & Forecast, 2020-2027
10.5.5.2 Market Estimates & Forecast By Technology, 2020-2027
10.5.5.3 Market Estimates & Forecast By Service, 2020-2027
10.5.5.4 Market Estimates & Forecast By Deployment, 2020-2027
10.5.6 Latin Countries
10.5.6.1 Market Estimates & Forecast, 2020-2027
10.5.6.2 Market Estimates & Forecast By Technology, 2020-2027
10.5.6.3 Market Estimates & Forecast By Service, 2020-2027
10.5.6.4 Market Estimates & Forecast By Deployment, 2020-2027
11. Company Landscape
12. Company Profiles
12.1 Verizon Communication Inc.(U.S.)
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.2 HARMAN International Industries Inc.(U.S.)
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.3 Tom-Tom International BV (Netherland)
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.4 AT&T (U.S.)
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.5 Vodafone Group Plc. (U.K.)
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.6 Ford Motor Company (U.S.)
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.7 BMW Group (Germany)
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.8 Telefonica SA (Spain)
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.9 Mix Telematics (South Africa)
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
12.10 Trimble Navigation Ltd. (U.S.)
12.10.1 Company Overview
12.10.2 Product/Business Segment Overview
12.10.3 Financial Updates
12.10.4 Key Developments
13 Conclusion
LIST OF TABLES
Table1 World Population By Major Regions (2017 To 2030)
Table2 Global Telematics Market: By Region, 2020-2027
Table3 North America Telematics Market: By Country, 2020-2027
Table4 Europe Telematics Market: By Country, 2020-2027
Table5 Asia Pacific Telematics Market: By Country, 2020-2027
Table6 The Middle East & Africa Telematics Market: By Country, 2020-2027
Table7 Latin America Telematics Market: By Country, 2020-2027
Table8 Global Telematics By Technology Market: By Regions, 2020-2027
Table9 North America Telematics By Technology Market: By Country, 2020-2027
Table10 Europe Telematics By Technology Market: By Country, 2020-2027
Table11 Asia Pacific Telematics By Technology Market: By Country, 2020-2027
Table12 The Middle East & Africa Telematics By Technology Market: By Country, 2020-2027
Table13 Latin America Telematics By Technology Market: By Country, 2020-2027
Table14 Global Technology Market: By Region, 2020-2027
Table15 Global Deployment Market: By Region, 2020-2027
Table16 Global Deployment Market: By Region, 2020-2027
Table17 North America Telematics Market, By Country
Table18 North America Telematics Market, By Technology
Table19 North America Telematics Market, By Service
Table20 Europe: Telematics Market, By Service
Table21 Europe: Telematics Market, By Technology
Table22 Asia Pacific: Telematics Market, By Country
Table23 Asia Pacific: Telematics Market, By Technology
Table24 Asia Pacific: Telematics Market, By Service
Table25 The Middle East & Africa: Telematics Market, By Country
Table26 The Middle East & Africa Telematics Market, By Technology
Table27 The Middle East & Africa Telematics Market, By Service
Table28 Latin America: Telematics Market, By Country
Table29 Latin America Telematics Market, By Technology
Table30 Latin America Telematics Market, By Service
LIST OF FIGURES
FIGURE 1 Global Telematics Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Telematics Market
FIGURE 4 Value Chain Of Global Telematics Market
FIGURE 5 Share Of Global Telematics Market In 2017, By Country (In %)
FIGURE 6 Global Telematics Market, 2020-2027,
FIGURE 7 Sub Segments Of Technology
FIGURE 8 Global Telematics Market Size By Technology, 2017
FIGURE 9 Share Of Global Telematics Market By Technology, 2020-2027
FIGURE 10 Global Telematics Market Size By Service, 2017
FIGURE 11 Share Of Global Telematics Market By Service, 2020-2027