Euro Car Segment

Automotive Telematics Market by Service, Form & Vehicle Type, Component, Connectivity, Aftermarket, Fleet Management Service and Region - Global Forecast to 2027

Retrieved on: 
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.

Global Automotive Telematics Market Report (2022 to 2027) - Government Mandates on Connected Cars and Telematics Services Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 25, 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.
  • Infrastructure in these regions are a major reason that attract the global OEMs to test and develop more telematics services for autonomous.
  • For instance, in 2017, HARMAN announced an Aftermarket Connected Automotive Platform that can support connected applications and transform any existing vehicle with telematics capabilities.
  • As connected car are equipped with telematics units, the growing penetration of connectivity in cars is expected to drive the telematics market.