Global Automotive OEM Telematics Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
According to a new research report, the number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 39.9 percent from 9.5 million subscribers at the end of 2017 to 153.4 million subscribers at the end of 2020. Moreover, the author forecasts that shipments of embedded car OEM telematics systems worldwide will grow from almost 11.1 million units in 2014 at a CAGR of 31.1 percent to reach 56.0 million units in 2020.
Telematics is a user-friendly technology that has gained popularity among end users. In addition to the aforementioned advantages, increasing awareness among customers could is expected to be a major driver during the forecast period. Technological advancements adopted by the automakers have enabled customers to remotely connect to their vehicles. Moreover, this technology helps customers to gain control of the vehicle, which relays timely information on the performance of the vehicle. In addition to the vehicle manufacturers operating in the telematics market, the telematics equipment manufacturers significantly contribute to market expansion.

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. On the other hand, restraints associated with telematics market are the additional expenses borne by the customer for availing the telematics services, threat of hackers breaching the security and accessing data or causing nuisance to the vehicle system, non-availability of uninterrupted & seamless connectivity, and lack of awareness among customers in certain regions.

The global Automotive OEM Telematics market is valued at 4830 million US$ in 2018 is expected to reach 26000 million US$ by the end of 2025, growing at a CAGR of 23.4% during 2019-2025.
This report focuses on Automotive OEM Telematics volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive OEM Telematics market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Verizon
    Harman
    TomTom
    AT&T
    Vodafone Group PLC
    Ford Motors Co.
    BMW
    Telefonica
    MiX Telematics
    Trimble Navigation Limited

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Solutions
    Services

Segment by Application
    Passenger Cars
    HCV
    LCV
    MCV
    Two-wheelers