0
2015
Consumer Telematics Market

Consumer Telematics Market

by Type (OEM, After Market) and Application (Fleet/Asset Management, Navigation and location based, Infotainment, Insurance Telematics, V2v and V2i, Tele-health, Remote Alarm & Monitoring, Services) - Global Opportunity Analysis and Industry Forecast, 2013 - 2020
Update Available On-Demand

Report Code: A00527
Pages: 135
Apr 2015 | 15804 Views
Author(s) : Gunjan M
Tables: 46
Charts: 49
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Consumer Telematics Market

Request Now !

Consumer Telematics Market Overview:

Global consumer telematics market size is expected to garner $26.18 billion by 2020, registering a CAGR of 33.7% during the forecast period 2014-2020. 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.
Currently, Aftermarket has a relatively high market share as compared to Automotive OEM. Vehicle manufacturing companies, in alliance with telematics providers can lead to high growth of Automotive OEM segment.

Based on Applications, Consumer Telematics Market is segmented into Solutions and Services. Solutions include fleet/asset management, Infotainment, Tele health, Insurance Telematics, Vehicle-to-Vehicle (V2V)/ Vehicle to Infrastructure (V2I), remote alarm, etc. Services include design & consulting, deployment & integration and maintenance & training.

Consumer Telematics Market

Further, consumer telematics market is segmented, based on End User i.e. Car (owned and rental based), Healthcare, Insurance, Media & entertainment, Vehicle manufacturers/dealers, Government agencies, etc. 
Geographically, the market is segmented into, North America, Europe, Asia Pacific and LAMEA. In the years to come, Asia-Pacific is expected to grow as a prominent automobile market in future, which would fuel the market for consumer telematics in the region. The increase in sales is largely driven by the increasing population and rising disposal income. LAMEA is forecasted to grow at a good pace, because of increasing government regulations for vehicle as well as driver safety & security.

CONSUMER TELEMATICS MARKET KEY BENEFITS

  • Current and future trends adopted by the key market players are highlighted to determine overall competitiveness of the market 
  • Porters Five Forces analysis and SWOT analysis of the key market players are provided to illustrate the business strategies adopted by buyers and suppliers
  • The technology-effective drivers and opportunities are highlighted to describe the top factors responsible for the market growth
  • Various operating segments of the consumer telematics market are carefully analyzed to measure the potential of the emerging market
  • The quantitative analysis of the market through 2013-2020 is provided to elaborate the market potential

Consumer Telematics Market Report Highlights

Aspects Details
BY SOLUTION TYPE
  • Automotive OEM
  • Aftermarket Telematics
BY APPLICATION
  • SOLUTIONS
    • Fleet/Asset management solution
    • Navigation and location-based Solution
    • Infotainment
    • Insurance telematics
    • V2V and V2I
    • Tele-health solutions
    • Remote alarm and monitoring
  • Services
    • Design and consulting
    • Integration and deployment
    • Maintenance and training
BY END USER
  • Car(owned and rental based)
  • Insurance
  • Healthcare
  • Media & Entertainment
  • Vehicle manufacturers/dealers
  • Government agencies
BY GEOGRAPHY
  • North America
  • Europe
  • Asia Pacific
  • LAMEA 101
Key Market Players Verizon 103, Harman, TomTom, AT&T, Vodafone Group Plc, Ford Motors Co, BMW, Telefonica, MiX Telematics, Trimble Navigation Limited
 

Loading Table Of Content...


 
 

Consumer telematics is a technology in automobiles offering connectivity service to provide convenience, performance, and most importantly safety and security, coupled with powerful network technology. The consumer telematics market is expected to grow at a significant rate, owing to the increasing customer demand for vehicle safety, stringent government regulations and the increasing need for all-time connectivity. In addition, growing awareness among the customers would also lead to a rapid growth during the forecast period. The technological developments adopted by the car manufacturers enable the consumers to remotely connect with their vehicles. The market for consumer telematics includes telematics used in passenger cars.

In addition to the factors that positively impact the market, some of the limitations associated with telematics market include the threat of hackers breaching the security, additional costs to be incurred by the consumers, non-availability of uninterrupted and seamless connectivity, and lack of awareness among consumers in certain regions.

The consumer telematics market holds a prospective growth of embedded telematics technology. Automotive OEM embedded telematics type, is expected to gain momentum, given the increasing collaborations between component or device manufacturers and connectivity service providers. Insurance industry is the leading market for the consumer telematics, contributing maximum revenue and driving the consumer telematics market, given the expected increase in adoption of insurance telematics for passenger cars. Insurance telematics will allow the insurer to rate risk, enable underwriting, and offer insurance rates based on an individual’s actual driving behavior.   

The scope of the telematics market is expected to be high in North America and Europe. Regions such as APAC and LAMEA, presently have less adoption, but they are anticipated to grow at comparatively higher rate during the forecast period. The growth would primarily be driven by the supportive government regulations and increasing awareness coupled with increasing number of automobiles.

Collaboration, service enhancement and product launches are the prominent strategies adopted by different companies in order to compete in consumer telematics market. These strategies are primarily aimed at expanding their product offerings and reach. The key market players such as TomTom, BMW, Ford, AT&T and Trimble are analyzed in the report. The intensity of rivalry among the competitors is intense, owing to the presence of numerous market players. Homogenous product lines and low switching cost, increases the bargaining power of the buyers.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample

Purchase Full Report of
Consumer Telematics Market

Start reading instantly.
This Report and over 19,317+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Apr 2016 - Apr 2017)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2016 - Apr 2017)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2016 - Apr 2017)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2016 - Apr 2017)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2016 - Apr 2017)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers