Telematics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

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Telematics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024 Telematics by the synonym itself defines the integration of telecommunications and information and communications technologies abruptly called as informatics. It can be simply the technology of transmitting, receiving, sending and storing of information relating to various objects via telecommunication devices. Telematics will include everything from GPS systems to navigation systems. It will include many features in vehicles such as without touch mobile calling, wireless television remote unlocking, roadside assistance of vehicles and internet on vehicles. It also includes a wide range of different features, devices and options that can be brought together by a unique principle – data and communication. Telematics is heavily used in fleet tracking and management. Hardware providers like OEM manufacturers and embedded system manufacturers can find the huge advantage in investing in this market segment along with the vehicle manufacturers. OEM and embedded system manufacturers will provide the equipments needed for installing the software application on to the vehicles whereas the software applications may range from tracking the devices to the safety mechanisms and precautionary measures been implemented in the vehicles. Browse Complete Report @ https://www.variantmarketresearch.com/reportcategories/information-and-communication-technology-ict/telematics-market

The upcoming market technologies and trends like the evolution of 4G/LTE networks and high-speed data connectivity speeds will boost the growth in the adoption solutions by the


end users. However, lack of knowledge about latest technologies and high cost of equipments are hindering the growth of market. Usage of telematics in passenger cars and light commercial vehicles provides an opportunity for the market. Moreover, growing government regulations concerning safety incorporated automotive telematics systems also provide with opportunity for the growth of market in developing nations. The market is segmented on the basis of software, hardware, type of services, verticals and geography. Based on software the market is further segmented into tracking solutions, fleet management, navigation systems, intelligent systems, insurance telematics, and social telematics and safety mechanisms. Based on hardware the market is bifurcated into OEM manufacturers and embedded system manufacturers. Furthermore, based on the type of services the market is segmented into professional and managed services. Based on verticals, the marketed is segmented into Government, transportation and logistics, Healthcare and Life Sciences, Manufacturing and automotive, insurance and Media and Entertainment. Geographically, the market is divided into North America, Europe, Asia-Pacific and RoW. Get Sample Copy Of This Report @ http://bit.ly/2qbbfql Major companies operating in this market segment may include AirIQ, Airbiquity, Inc., Agero Inc., AT&T, Verizon Telematics Inc., Ford Motors Co, Fleetmatics Group PLC, mixtelematics, BOX Telematics Ltd., TomTom, Davis Instruments, and Zonar Systems. Scope of Telematics Market Software Segments • • • • • • •

Tracking Solutions Fleet Management Navigation Systems Intelligent Systems Insurance Telematics Social Telematics Safety Mechanisms


Hardware Segments • •

OEM Manufacturers Embedded System Manufacturers

Type of Services Segments •

Professional

Managed Services

Verticals Segments • • • • • •

Government Transportation And Logistics Healthcare And Life Sciences Manufacturing And Automotive Insurance Media and Entertainment.

Geographical Segments •

North America o US o Canada o Mexico Europe o Germany o France United Kingdom o Spain o Others Asia-Pacific o

o o o

China India Japan


o o •

South Korea Others

RoW o o o

South America Middle East Africa

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