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Automotive Telematics Market by Channel Types, Vehicle Types, Connectivity Solutions, Applications, and Regions — Global

The global automotive telematics market was valued at USD 64 billion in 2019 and is expected to reach USD 320.6 billion by 2026, expanding at a CAGR of around 26.8 % during the forecast period, 2020u20132026. The growth of the market is attributed to increasing concern for security of driver, passengers, and goods.

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Automotive Telematics Market by Channel Types, Vehicle Types, Connectivity Solutions, Applications, and Regions — Global

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  1. Global Automotive Telematics Market by Channel Types, Vehicle Types, Connectivity Solutions, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026 Report By

  2. The globalautomotive telematics market was valued at USD 64 billion in 2019 and is expected to reach USD 320.6 billion by 2026, expanding at a CAGR of around 26.8 % during the forecast period, 2020–2026. The growth of the market is attributed to increasing concern for security of driver, passengers, and goods. Request for sample@https://dataintelo.com/request-sample/?reportId=8680 Telematics is a system which involves informatics and telecommunications technologies including sensors, instruments for wireless communication for road transport & safety. It includes everything from GPS to navigation systems. It has devices and technologies to store and transmit the information to control remote objects, to operate applications on remote object. Association of Equipment Management Professionals (AEMP) has developed guidelines, regulations, and standards for telematics industry.

  3. Market Trends, Drivers, Restraints, and Opportunities: • Increasing demand for enhanced safety features is one of the primary factors driving the growth of the market. • Additional features like speed monitoring and health of the vehicles in terms of gas levels and heating levels aiding in better management and efficiency of vehicles. This, in turn, is fueling the growth of the market. • Insights of traffics and congestions on road help to evade the route easily with suggestions of shortest distance available is boosting the growth of the market. • Threat of data hacking, high cost of installation, low internet connectivity in certain geographical areas are hindering the growth of the market. • Smart transportation system, better fleet management, ease of decision making and enhanced vehicle performance are the factors which are expected to foster the growth of the market in forecasted period.

  4. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=8680 Competitive Landscape: Major companies in global automotive telematics market includes Agero Inc, Airbiquity Inc, Continental AG, LG Electronics Inc, Panasonic Corporation, Robert Bosch GmbH, TomTom International BV, and Trimble Inc. The market players are involved in developing breakthrough tracking and monitoring solutions to gain traction in global marketplace. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=8680

  5. Why Choose Us: • We offer industry-leading critical reports with accurate insights into the future of the market. • Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments. • We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency. • The demand and supply dynamics offered in the report give a 360 degree view of the market. • Our report helps readers decipher the current and future constraints in the automotive telematics market, and help them formulate optimum business strategies to maximize growth in the market.

  6. About DataIntelo: DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

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