Automotive Embedded Telematics Market A Clear Understanding Of The Competitive Landscape And Key Product Segments 2021-2031

 

Automotive Embedded Telematics: Introduction

  • Embedded telematics is a software that helps connect the vehicle to the internet. Telematics is a combination of telecommunication and informatics, which assists the driver during a crash, navigation, and in several other applications. It contains information transfer between telecommunication devices, computers, GPS satellite systems, and objects.

Key Drivers of Automotive Embedded Telematics Market

  • Rise in vehicle production integrated with growing safety standards across the globe is likely to propel the automotive embedded telematics market. Rise in integration of telematics software in autonomous and connected vehicles is also likely to boost the automotive embedded telematics market across the globe. Growing consumer preference toward advance drive assist system in vehicles is anticipated to propel the automotive embedded telematics market across the globe.
  • Rise in integration of infotainment systems in vehicles is likely to fuel the automotive embedded telematics market across the globe. Enactment of stringent government regulations for vehicle security is likely to also boost the automotive embedded telematics market. Widespread of the pandemic across the globe is prompting consumers to own a new vehicle, which is likely to increase vehicle sales and subsequently, propel the automotive embedded telematics market across the globe.

Europe & Asia Pacific to hold significant share of global automotive embedded telematics market

  • Europe is projected to account for a major share of the global automotive embedded telematics market due to a rise in the demand for connected and autonomous vehicles. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH and Continental AG and who have major facilities that undertake research & development on the connected vehicles, which is likely to propel the automotive embedded telematics market across the Europe.
  • Followed by Europe, Asia Pacific is projected to hold a significant share of the global automotive embedded telematics market due to an increase in sale of vehicles across the region. Presence of major automotive electronics parts manufacturing industries across China, India, and Japan is anticipated to propel the automotive embedded telematics market across Asia Pacific.

Key Players Operating in Automotive Embedded Telematics Market

The automotive embedded telematics market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive embedded telematics market are:

  • Omnitracs LLC
  • Fleetmatics Group Plc
  • Verizon
  • Infineon Technologies
  • Robert Bosch GmbH
  • Panasonic Corporation
  • INFINITY Motor Company Ltd.
  • MiX Telematics International Ltd.
  • TomTom Telematics BV
  • Toyota Motor Corporation
  • BMW Group
  • AT&T Inc.
  • LG Electronics
  • Continental AG
  • Trimble Inc.

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