DUBLIN--(BUSINESS WIRE)--The "Automotive
Telematics - Global Market Outlook (2017-2023)" report has been
added to ResearchAndMarkets.com's offering.
The Global Automotive Telematics market accounted for $19.06 billion in 2016 and is expected to reach $141.47 billion by 2023 growing at a CAGR of 33.2%.
Increase in number of vehicles production coupled with Information and Technology is favoring the market across globe. High occurrence of road accidents & mishaps and in addition to this the greater developing economies are in demand for transportation with high safety measures, these all factors are boosting the market.
Moreover, the adoption of the auto motive telematics in fleet is providing more opportunities the present scenario.
By Application, the vehicle tracking segment is projected to capture significant share during the forecast period. With the increase in manufacturing of automobiles there is increase in concerns on safety and comfort which supports the growth of this segment.
Moreover the increase in sales of premium vehicles segment would further increase the demand for vehicles tracking as the customers expect a lot of safety features in the premium vehicle segment. This technology helps to track the vehicle's location across the world.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Automotive Telematics Market, By Technology
6 Global Automotive Telematics Market, By Connectivity Type
7 Global Automotive Telematics Market, By Application
8 Global Automotive Telematics Market, By Systems
9 Global Automotive Telematics Market, By Vehicle Type
10 Global Automotive Telematics Market, By End-User
11 Global Automotive Telematics Market, By Services
12 Global Automotive Telematics Market, By Geography
13 Key Developments
14 Company Profiling
- Agero Inc.
- Airbiquity Inc.
- Continental AG
- Ford Motors Co
- MiX Telematics
- Trimble Navigation Limited
- Verizon Telematics
- Vodafone Group Plc
- Visteon Corporation
For more information about this report visit https://www.researchandmarkets.com/research/3cdbpp/141_47_billion?w=4