Automotive Telematics Market by Technology, Offering, Vehicle, Application, End-User

List of Tables

[184 Pages Report] The Automotive Telematics Market size was estimated at USD 8.79 billion in 2023 and expected to reach USD 9.78 billion in 2024, at a CAGR 11.71% to reach USD 19.09 billion by 2030.

Automotive telematics refers to the integrated use of telecommunications and informatics for applications in vehicles and to control vehicles on the move. This technology enables the transmission of digital information, including vehicle location, speed, and diagnostics, to and from vehicles through wireless networks. The major factors contributing to the expansion of automotive telematics use include the growing demand for safer driving experiences, enhanced operational efficiency in fleet management, regulatory mandates for vehicle safety, and the rising adoption of connected vehicle technology. However, concerns over data privacy and security, the high cost of implementation, and potential distractions to drivers impact their utility among end-users. Addressing these issues requires robust cybersecurity measures, clear regulatory guidelines, and the integration of user-friendly interfaces to minimize distractions. The future of automotive telematics holds promising opportunities with the advent of autonomous vehicles, the expansion of electric vehicle infrastructure, and the potential for telematics to contribute to smarter, more efficient cities by managing traffic flow and reducing emissions.

KEY MARKET STATISTICS
Base Year [2023]	USD 8.79 billion
Estimated Year [2024]	USD 9.78 billion
Forecast Year [2030]	USD 19.09 billion
CAGR (%)	11.71%

Technology: Exponential use of embedded telematics systems in automotive vehicles

Embedded telematics systems are built into the vehicle during the manufacturing process. They comprise a dedicated unit with a built-in SIM card, ensuring constant connectivity for a range of services, from emergency assistance to real-time traffic updates. They are ideal for users seeking a seamless, high-quality connection that does not rely on the driver's mobile device. Integrated telematics solutions leverage the user's smartphone to provide connectivity and access to services. These systems make use of the vehicle's infotainment unit to display information and receive inputs. They are suitable for tech-savvy users who prefer using their smartphones to manage vehicle features, navigation, and streaming services. Tethered systems require the user to connect their smartphone to the vehicle via a USB cable or Bluetooth to utilize connectivity features. It appeals to users who desire a simpler form of connectivity without the commitment of an embedded system. It is a cost-effective solution for users who prioritize basic telematics services.

Application: Rising use of telematics solutions for fleet management to support logistics and commercial operations requiring operational efficiency

Diagnostic telematics systems are essential for real-time monitoring of vehicle health, including engine condition, emission data, and alerts for maintenance and malfunction. These systems allow vehicle owners and manufacturers to prevent major breakdowns through timely interventions. Fleet management applications of telematics focus on operational efficiency, fuel management, real-time vehicle tracking, and driver behavior monitoring. These systems are vital for logistics and transportation companies aiming to optimize their operations, enhance safety, and reduce costs. Telematics in infotainment and navigation provide drivers and passengers with connected entertainment, navigation, and information services. These applications enhance the in-vehicle experience through features such as streaming services, real-time traffic and weather updates, and location-based services. Safety and security applications leverage telematics for emergency services, vehicle tracking in case of theft, automatic crash notifications, and remote vehicle diagnostics. This segment prioritizes passenger safety and vehicle security, offering peace of mind to vehicle owners.

Regional Insights

In the Americas, there is a high adoption rate of advanced telematics solutions driven by stringent regulatory requirements for safety and emission controls and a strong consumer demand for connectivity and vehicle automation. Major companies in this region leverage their robust technological infrastructure and strategic partnerships to innovate and capture market share. In the APAC region, the market is witnessing rapid expansion, attributed to the burgeoning automotive industry in countries such as China and India. The integration of telematics is increasingly becoming a standard feature in mid-range vehicles, owing to the cost-effective production capabilities and the growing appetite for connected vehicle technology among the expanding middle class. Companies in the region are offering localized solutions and fostering collaboration across automotive manufacturers to meet region-specific regulatory standards and consumer preferences. Western European countries display a high penetration of telematics, driven by elevated consumer expectations for safety and connectivity, alongside rigorous EU regulations on vehicle telematics.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Telematics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Telematics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive Telematics Market, highlighting leading vendors and their innovative profiles. These include Actsoft, Inc., Airbiquity Inc., AirIQ Inc., Astrata Group Pte Ltd., AT&T Inc., Continental AG, DENSO Corporation, Garmin Ltd., Geotab Inc., Infineon Technologies AG, Inseego Corp., Intel Corporation, Karooooo Ltd., Michelin Group, Octo Group S.p.A., Qualcomm Technologies, Inc., Robert Bosch GmbH, Samsung Electronics Co., Ltd., Solera Inc., Teletrac Navman, The Descartes Systems Group Inc., Trimble Inc., Valeo SA, Verizon Communications Inc., and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the Automotive Telematics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
- Embedded
- Integrated
- Tethered

Offering
- Hardware
  - Audio/Video Interface
  - Communication Devices
  - Navigation Systems
  - Telematic Control Unit

Services
- Consulting
- Installation & Maintenance

Software

Vehicle
- Commercial Vehicles
  - Agricultural Vehicles
  - Buses & Coaches
  - Forklift, Port Vehicle & Internal Container Handling Vehicle
  - Heavy & Special Duty Truck
  - Light Electric Vehicle
  - Medium & Heavy Duty Vehicle

Passenger Cars

Application
- Diagnostics
- Fleet Management
- Infotainment & Navigation
- Safety & Security

End-User
- Aftermarket
- OEMs

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive Telematics Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Telematics Market?

3. What are the technology trends and regulatory frameworks in the Automotive Telematics Market?

4. What is the market share of the leading vendors in the Automotive Telematics Market?

5. Which modes and strategic moves are suitable for entering the Automotive Telematics Market?

Product Code: MRR-437D45957A65

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing adoption of real-time fleet monitoring systems in automobile
  - 5.1.1.2. Strict government mandates for vehicle safety and demand for connectivity solutions
  - 5.1.1.3. Rising adoption of autonomous vehicles with improved performance
- 5.1.2. Restraints
  - 5.1.2.1. Risk of hacking the data and high cost of installation
- 5.1.3. Opportunities
  - 5.1.3.1. Novel innovations and technological advancements in automotive telematics solutions
  - 5.1.3.2. Increasing demand for ease in vehicle diagnosis
- 5.1.4. Challenges
  - 5.1.4.1. Shortage of seamless and unperturbed network connectivity
5.2. Market Segmentation Analysis
- 5.2.1. Technology: Exponential use of embedded telematics systems in automotive vehicles
- 5.2.2. Application: Rising use of telematics solutions for fleet management to support logistics and commercial operations requiring operational efficiency
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive Telematics Market, by Technology

6.1. Introduction
6.2. Embedded
6.3. Integrated
6.4. Tethered

7. Automotive Telematics Market, by Offering

7.1. Introduction
7.2. Hardware
7.3. Services
7.4. Software

8. Automotive Telematics Market, by Vehicle

8.1. Introduction
8.2. Commercial Vehicles
8.3. Passenger Cars

9. Automotive Telematics Market, by Application

9.1. Introduction
9.2. Diagnostics
9.3. Fleet Management
9.4. Infotainment & Navigation
9.5. Safety & Security

10. Automotive Telematics Market, by End-User

10.1. Introduction
10.2. Aftermarket
10.3. OEMs

11. Americas Automotive Telematics Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Automotive Telematics Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Automotive Telematics Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Karma Automotive Acquires Assets And Key Personnel From Connected Vehicle Pioneer Airbiquity
- 14.3.2. Nauto Launches New Telematics Solution, Consolidating AI-Powered Fleet Safety, Risk, and Operations in a Single Solution
- 14.3.3. Cambridge Mobile Telematics Acquires Amodo
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio