DUBLIN--(BUSINESS WIRE)--The "Global Telematics Market - Segmented by End-users (Automotive, Insurance, Healthcare) and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The telematics market is expected to register a CAGR of 24.81% over the forecast period 2018-2023.
Telematics is the amalgamation of multiple technologies working simultaneously to perform multiple operations to collect and use data for effective cost-optimization. Industries have been aggressively leveraging the benefits of this technology. The automotive industry has emerged as the most prominent end-user vertical for the telematics technology.
Research estimates that more than 50% of all the automotive vehicles to be manufactured in 2020 are expected to be incorporated with telematics solutions. Telematics have a broad range of applications in the automotive industry, ranging from safety assistance, vehicle tracking, diagnostics, and usage-based insurance, among a host of other applications.
North America is a pioneer in technology, and is estimated to be the largest market for telematics, buoyed by the presence of many key OEMs, a highly advanced infrastructure, and the presence of a comparatively large automotive market. Emergence of smart cities and smart homes initiatives across the US and Canada has been another major segment accounting for the demand for telematics solutions in the region.
- OCTO Telematics S.p.A
- AirIQ Inc.
- Mix Telematics International Ltd.
- WEX Inc.
- Masternaut Limited
- TomTom N.V
- GeoTab Inc.
- AT&T Inc.
- Cisco Systems Inc.
- Google Inc.
Key Topics Covered:
2. Research Methodology
3. Market Analysis
4. Market Dynamics
5. Technology Snapshot
6. Global Telematics Market Segmentation and Forecast
7. Competitive Intelligence - Key Vendor Profiles
8. Investment Analysis
9. Market Outlook
For more information about this report visit https://www.researchandmarkets.com/research/7ksrwh/global_telematics?w=4