Industry Dynamics: Global Consumer Telematics Market: Huge Growth Opportunities and Forecast to 2025

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The global market for Consumer Telematics has experienced several changes in the last few years. This research report on the worldwide market attempts to analyze these change and present a complete overview of this market. It provides important information and statistics of this market such as growth drivers, restraining factors, future prospects, and trends and opportunities. Dynamics of production and supply chain and various rules and regulations prevalent in this market has been discussed at length this market study. The global market for Consumer Telematics has also been evaluated on the basis of the manufacturing chain of the products produced in this market, their pricing, and the revenue generated by them.

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Consumer telematics are communication technologies and services enabling transfer of large amounts of data in and out of passenger vehicles in real-time. This provides consumers in-vehicle services, global positioning System (GPS) navigation, traffic information, local search (for example, for petrol pumps / gas stations or restaurants) and concierge services.
Passenger cars manufactured today offer unique connectivity solutions for better monitoring and tracking. The market is driven by amplified market penetration of smart phones, supportive governmental regulations which call for higher safety and security measures, growing demand for superior driving experience, lowered connectivity cost, and high speed internet technologies such as Long-Term Evolution (LTE).
Consumer telematics includes passenger cars. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. Based on type of telematics, the market is segmented into Automotive Original Equipment Manufacturers (OEM) and Aftermarket. The traditional automotive OEM emphases on traffic safety while aftermarket highlights media, entertainment and other personalized services.
In 2018, the global Consumer Telematics market size was 4630 million US$ and it is expected to reach 43400 million US$ by the end of 2025, with a CAGR of 32.3% during 2019-2025.
This report focuses on the global Consumer Telematics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Consumer Telematics development in United States, Europe and China.
The key players covered in this study
■ Verizon
■ Harman
■ TomTom
■ AT&T
■ Vodafone Group PLC
■ Ford Motors Co.
■ BMW
■ Telefonica
■ MiX Telematics
■ Trimble Navigation Limited

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Market segment by Type, the product can be split into
■ Solutions
■ Service
Market segment by Application, split into
■ Car(Owned and Rental Based)
■ Insurance
■ Healthcare
■ Media & Entertainment
■ Vehicle manufacturers/dealers
■ Government agencies
Market Segment by Regions, regional analysis covers
■ North America (United States, Canada and Mexico)
■ Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
■ Asia Pacific (China, Japan, India, Southeast Asia and Australia)
■ Latin America (Brazil, Argentina and Colombia)
■ Middle East and Africa
The study objectives of this report are:
■ To analyze global Consumer Telematics status, future forecast, growth opportunity, key market and key players.
■ To present the Consumer Telematics development in United States, Europe and China.
■ To strategically profile the key players and comprehensively analyze their development plan and strategies.
■ To define, describe and forecast the market by product type, market and key regions.

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