Global Automotive Telematics Market: Industry Development Scenario and Forecast to 2026
Automotive telematics combines telecommunication and informatics to provide various services, such as navigation, safety and security, to vehicles.
[UKPRwire, Fri Nov 02 2018] Surmounting government initiatives across the globe to employ sophisticated technological aid such as telematics for superior fleet management in terms of road safety, driver performance, vehicle performance, and emergency warnings necessitates adoption of telematics, thus reflecting favorably on the growth of automotive telematics market. In its recent report offering titled, ‘Global Market Study on Automotive Telematics: Increasing Concerns over Vehicle Safety and Connectivity to Drive Revenue Growth‘ Market Research Reports Search Engine (MRRSE) delves deep in comprehending the implications of ongoing market advances on the growth of automotive telematics market.
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End-User Portfolio Expansion: Dominant Marketing Strategy amongst Leading Vendors in Automotive Telematics Market
Vying to achieve market dominance in the fast expanding automotive telematics market, leading market participants are integrating resources to expand end-user portfolio in the interest of expanded consumer base. Additionally, advancements towards developing competitive pipeline is a potent business strategy to diversify offerings.
Trimble Transporation Enterprise Inks MoU with Mac Trucks for Sophisticated Automotive Telematics
Aiming to entice greater consumer adoption, leading market participant, Trimble Transportation Enterprise has recently inked a MoU with transport operator, Mack Trucks. As part of the agreement, the latter will have an access to Trimble’s sophisticated software infrastructure encompassing fleet solutions and data analytics for improved fleet operations with enhanced technological aid such as transportation management, operational intelligence, fleet visibility and maintenance amongst several others. The venture is a potent growth trigger allowing Trimble to consolidate its leading position amidst stiff competition, besides expanding growth scope for automotive telematics market.
Safety and Security End-Use Segment to Dominate Revenue Maximization in Automotive Telematics Market
This research report on automotive telematics market is a handbook of market definitions, dynamics, and taxonomy that aid readers’ understanding about prevalent market drivers, restraints, and opportunities that encourage growth in automotive telematics market. On the basis of thorough research findings gleaned in this section of the report readers are enabled to attain improved perspectives that encourage lucrative business models. Additionally, the report also collates a description on various market segments exhibited in automotive telematics market such as vehicle type, technology, sales channel, and end-user applications. In terms of vehicle type, automotive telematics market exhibits passenger and commercial as core market segments. In terms of technology, automotive telematics market highlights embedded, tethered, and smart phone as core technology segments. Further, the report also identifies OEM and aftermarket as potent sales channels in automotive telematics market. On the basis of end-user application, automotive telematics market identifies diagnosis, navigation, safety and security, and infotainment amongst others as major end-user applications in automotive telematics market.
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APAC’s China Emerges as a Lucrative Region in Automotive Telematics Market
As the report progresses, readers are also presented a holistic overview of regional diversification of automotive telematics market, based on which Europe, North America, Asia Pacific (APAC), and Rest of the World are identified as dominant regional fringes in automotive telematics market. APAC automotive telematics market is further diversified into several countries such as China, Japan, India, South Korea, ASEAN and Oceania.
Competition Deep-Dive: Automotive Telematics Market
Based on resourceful analytical research reports etched in this section of the report on automotive telematics market, readers are aided to evaluate the functionality of marketing tactics delivered by core market participants across regions and their eventual implications on consumer response in terms of their buying behavior as well as their efficacy in driving revenue maximization. New and existing market players can carry out thorough analytical review of these marketing strategies to infer core deductions based on which market players can implement profit oriented marketing schemes. Noted automotive telematics market vendors profiled in this section of the report include, Trimble Inc., Airbiquity Inc., ACTIA Group, Lavinta Buana Sakti, Scorpion Automotive Ltd., and iTriangle Infotech Pvt Ltd. amongst others.
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