Connected Solutions for Intelligent Mobility: Exploring the Automotive Telematic

1. Automotive Telematics Market: Size, Share, Growth, Development and Demand Forecast to 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The global automotive telematics market is projected to be worth USD 149.9 billion by 2030, growing at a CAGR of 16.6%, according to P&S Intelligence. Geographically, the Latin America, Middle East, and African automotive telematics industry is projected to experience the fastest development in the coming few years. This can be credited to the growing need for fleet telematics, connected vehicle technologies, and the addition of security features into vehicles. One of the key trends experienced in the automotive telematics industry is the growing count of partnerships and corporations between different systems providers, original equipment manufacturers, telematics solution providers, and other investors. For example, in 2019, Avis Budget Group Inc. arrived into a corporation with Verizon Communications Inc., in order to introduce an all-in-one digital travel assistant completely for the clientele of Avis Budget Group Inc. and Payless Car Rental Inc., utilizing Verizon’s nationwide 4G LTE network. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/global- telematics-market/report-sample On the basis of vehicle type, the commercial vehicle category is projected to experience faster development in the automotive telematics industry, in the coming few years. This can be credited to the strict government guidelines and growth in the acceptance of cloud-based fleet managing telematics solutions by fleet possessors, worldwide. In recent years, North America dominated the automotive telematics market, led by the U.S. Augmented governmental guidelines are also advancing the industry development in the continent. For example, in the U.S., the Federal Motor Carrier Safety Administration (FMCSA) compulsory the fitting of electronic logging devices (ELD) in commercial automobiles. These government steps offer suitability for inventions and future development of the automotive telematics market. Furthermore, the U.S. held the majority of the portion of industry revenue in the continent till now, because of significant expenditure by government and private establishments, armed with supportive rule frameworks. Additionally, the growing sales of long-haul trucks in the nation would remain to drive the demand for automotive telematics in the coming few years. The worldwide automotive telematics industry is uneven in nature, with several 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. players working independently in different nations and cities throughout the globe. Some of the key companies working in the industry are Inseego Corp., Teletrac Navman US Ltd., Visteon Corp., MiX Telematics Ltd., Robert Bosch GmbH, Verizon Communications Inc., General Motors Co., Valeo SA, HARMAN International Industries Inc. DENSO CORP., Valeo SA, and HARMAN International Industries Inc. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=global-telematics-market Furthermore, in 2019, Visteon Corp. goes in into a corporation with Tata Communications Ltd., in order to obtain digital infrastructure from Tata Communications. The corporation would permit Visteon Corp. to advance more safe and flexible telematics solutions for vehicles and also helps it in geographical growth. Hence, the growing need for fleet telematics, connected vehicle technologies, and the addition of security features into vehicles are the major factors contributing to the growth of the automotive telematics market. The research offers market size of the global automotive telematics market for the period 2015–2030. Market Segmentation by Vehicle Type •Passenger Car •Commercial Vehicle Market Segmentation by System Type •Embedded •Tethered •Integrated Market Segmentation by Services •Safety and Security •Infotainment and Navigation •Remote Diagnostics Market Segmentation by Communication Technology •Vehicle-to-Vehicle (V2V) •Vehicle-to-Infrastructure (V2I) •Others Market Segmentation by Geography •North America Automotive Telematics Market oBy vehicle type oBy system type oBy services oBy communication technology oBy country – U.S. and Canada •Europe Automotive Telematics Market 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. oBy vehicle type oBy system type oBy services oBy communication technology oBy country – Germany, U.K., France, Italy, Spain, and Rest of Europe •Asia-Pacific (APAC) Automotive Telematics Market oBy vehicle type oBy system type oBy services oBy communication technology oBy country – China, Japan, South Korea, India, and Rest of APAC •Latin America, Middle East, and Africa (LAMEA) Automotive Telematics Market oBy vehicle type oBy system type oBy services oBy communication technology oBy country – Brazil, Mexico, South Africa, Saudi Arabia, and Rest of LAMEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved