Telecomunicazioni
Telematics Solutions Market Worth $62.6 Billion by 2025 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=245073008
Fleet Management market is driven by the continuous increase in the demand for logistics and transport. Large commercial vehicle fleet owners mainly use this kind of service. The determiners of the segment growth are growing need for operational efficiency, cost reduction and better overall management of fleet and resources. With fleet management, organizations can have better access to plan maintenance of vehicles, enhanced driver safety, proper routing of fleets that can all ultimately lead to effective operations of the fleet. Adding to that, vehicle connectivity and smart transportation are increasingly helping organizations to ensure safe operations of the fleets. Fleet management also helps in higher efficiency, consistent performances and ultimately reduced costs. Currently, the market is mainly concentrated in North America and Europe .
The regulatory mandates in the EU drive the embedded telematics segment growth. EU has recently mandated that all new car models in member states must have integrated telematics as part of its European eCall system, connecting a vehicle to emergency services following a collision and providing location and impact information. Similar mandates are expected to be followed by other countries in the future. The embedded telematics segment growth in the long term is attributed to various disruptive factors such as government mandates, cost optimization of service plans, and an increase in cloud-based services. By 2025, the embedded form of connectivity is estimated to dominate the market with largest market share.
https://www.marketsandmarkets.com/requestsampleNew.asp?id=245073008
One of the critical drivers for the Asia Pacific market is the increased demand for fleet management and navigation services, particularly in
China , Japan ,
India and South Korea . The tech-savvy populations in these countries are now getting more inclined towards connected driving experience. The demand for telematics in the
Asia Pacific is significantly driven by strong economic growth, ongoing advancement in the automotive sector and rapid urbanization. As safety regulations have been made in
Japan and South Korea , the demand for telematics in these countries is anticipated to increase in coming years.
Owing to favorable government initiatives, telecom infrastructure has registered significant growth in APAC. For instance, the installation of telematics systems and satellite positioning in commercial vehicles has been made mandatory by the Chinese government. Moreover, increasing smartphone penetration is likely to create a strong base for telematics. In 2017, the Chinese Ministry of Industry and Information Technology (MIIT) and the Standardization Administration of China (SAC) issued a draft to establish national standards for China's Intelligent & Connected Vehicles (ICV). Due to the growing population and vehicle demand, China is expected to introduce vehicle and road safety regulations. Baidu and Alibaba which are the biggest technology companies in China , are pushing to develop platforms for telematics services. Moreover, the Japanese automotive companies are also inventing and implementing telematics services and solutions. In 2019, Airbiquity announced it had become a member of the Japan Automotive Software Platform and Architecture (JASPAR), an organization dedicated to advancing the standardization of in-vehicle software and networks to enhance development efficiency and reliability.
The Global is dominated by major players such as Robert Bosch GmbH ( Germany ), AT&T INC. (US), Continental AG ( Germany ), LG Electronics ( South Korea ), and Verizon (US).Browse Related Reports:
Connected Car Market by Service (OTA Update, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration, & Others), Form, End Market (OE, Aftermarket), Network, Transponder, Hardware, and Region - Global Forecast to 2027
In-vehicle Infotainment Market by Component (Display unit, Control Panel, TCU, HUD), OS (Linux, QNX, MS, Others), Service (Entertainment, Navigation, e-call, Diagnostics), Connectivity, Form, Location, Vehicle Type, Region - Global Forecast to 2027
Over the Air Updates Market for Automotive by Technology (SOTA and FOTA), Application (ECU, TCU, Infotainment, and Safety & Security), Vehicle Type (PC and CV), Electric Vehicle Type (BEV, HEV, and PHEV), and Region - Global Forecast to 2022
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-telematics-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/automotive-telematics.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg