Automotive Embedded Telematics Market: Growth, Opportunities, Top Key Player and Forecast To 2026
Category: #Technology  By Partha Ray  Date: 2020-05-13
  • share
  • Twitter
  • Facebook
  • LinkedIn

Automotive Embedded Telematics Market: Growth, Opportunities, Top Key Player and Forecast To 2026

The automotive embedded telematics market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

The shifting focus toward the Usage-Based Insurance (UBI) propelled by the growing number of connected cars is expected to accelerate the automotive embedded telematics market. Smart cars are equipped with sensors and OBD systems that can monitor vehicle-related data and meet the customer demands for safety and security features, advanced vehicle maintenance, and improved fleet management. The UBI program includes the OBD to monitor the driving habits, Pay As You Drive (PAYD), Pay How You Drive (PHYD), and the overall status of the vehicle components.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2955

Embedded telematics systems have been widely used in commercial vehicles for fleet management applications. They allow fleet operators and transportation & logistics service providers to manage their vehicles fleet size. They also allow enterprises to manage the fleet operations by improving navigation & communication, enabling a more secure overall traveling experience. Currently, mobile-based fleet telematics applications are widely used for fleet management as they provide cost-effective and convenient methods of fleet tracking.

North America has been the leading region in the automotive embedded telematics market and is projected to continue its dominance owing to the growing trend of connected vehicles in the region. As the use of telematics grows, cybersecurity vulnerabilities and the need to safeguard the vehicle-related data from cyberattack also grow. In this regard, the government institutions and other law enforcement agencies are issuing guidelines and taking efforts to safeguard automotive telematics.

The automotive embedded telematics market research study is inclusive of a massive evacuation of the industry in question. The methodology used to derive valuable insights pertaining to the automotive embedded telematics industry as well as the primary and secondary sources referred to have been elaborated in the report. Information pertaining to the financial data of mentioned shareholders and the present pricing trends are enumerated in the study.

Get this report Customized to your requirements @ https://www.gminsights.com/roc/2955

Some of the vendors providing automotive telematics solutions for the automotive embedded telematics market are Omnitracs, Fleetmatrics, DigiCore, Autotrac, Telogis, Trimble Navigation, Masternaut Teletrac, TomTom Telematics, and Mix Telematics. The global automakers are investing in their research & development labs to support new product developments driven by the product innovations. For instance, in April 2017, Toyota Fleet Management (TFM), a division of Toyota Finance Australia, launched fleet telematics to promote safer driving practices, simplify the record-keeping process, and optimize the fleet asset usage for fleet managers.

About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More>>

More News By Partha Ray

BioMEMS Market Growth Analysis and Trends Forecast to 2026
BioMEMS Market Growth Analysis and Trends Forecast to 2026
By Partha Ray

An in-depth understanding of the BioMEMS market has been provided in this research study. The report...

Wastewater Treatment Equipment Market: Global Analysis, Opportunities & Forecast To 2026
Wastewater Treatment Equipment Market: Global Analysis, Opportunities & Forecast To 2026
By Partha Ray

A detailed synopsis of the wastewater treatment equipment market has been presented in this research...

LED Lighting Market: Growth Factors, Trends and Forecast To 2026
LED Lighting Market: Growth Factors, Trends and Forecast To 2026
By Partha Ray

The LED lighting market analysis document represents a detailed collection of prioritized market def...