Automotive Telematics Market by Service, Form & Vehicle Type, Component, Connectivity, Aftermarket, Fleet Management Service and Region - Global Forecast to 2027
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Friday, November 18, 2022
The passenger Car market is expected to grow due to an increase in demand and mandates for safety and convenience telematics services.
Key Points:
- The passenger Car market is expected to grow due to an increase in demand and mandates for safety and convenience telematics services.
- The North America and European region are developed nations with high incomes and greater technology adoption rates which increases the demand for telematics services and connectivity solutions.
- Infrastructure in these regions are a major reason that attract the global OEMs to test and develop more telematics services for autonomous.
- As connected car are equipped with telematics units, the growing penetration of connectivity in cars is expected to drive the telematics market.