Connected Vehicle and Telematics Market

Growing awareness and numerous benefits of telematics, advancement in smartphones, high speed internet connectivity, and developed GPS receiver have changed the telematics business rapidly. Moreover, rising awareness about driver?s safety and growing influence of safety regulations imposed by various government organizations in the European Union, Russia, and Brazil have made telematics an essential component for vehicles. The factors such as reduction in the cost of connectivity and increasing market penetration of connected devices such as smartphones, and tablets are contributing to the burgeoning demand for connected cars.
Connected Vehicle and Telematics Market contains market size and forecasts of Connected Vehicle and Telematics in Global, including the following market information:
Global Connected Vehicle and Telematics Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Connected Vehicle and Telematics market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Radio Frequency Identification Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Connected Vehicle and Telematics include AT&T Inc., Airbiquity Inc., Continental AG, Delphi Automotive PLC, HARMAN International, Intel Corporation, Magneti Marelli S.p.A, Mix Telematics Ltd. and Octo Telematics Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Connected Vehicle and Telematics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Connected Vehicle and Telematics Market, by Technology, 2017-2022, 2023-2028 ($ millions)
Global Connected Vehicle and Telematics Market Segment Percentages, by Technology, 2021 (%)
Radio Frequency Identification
Sensor Network
Satellite Positioning
Wireless Communication
Big Data Analysis
Standards and Safety Systems
Global Connected Vehicle and Telematics Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Connected Vehicle and Telematics Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Connected Vehicle and Telematics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Connected Vehicle and Telematics Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Connected Vehicle and Telematics revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Connected Vehicle and Telematics revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT&T Inc.
Airbiquity Inc.
Continental AG
Delphi Automotive PLC
HARMAN International
Intel Corporation
Magneti Marelli S.p.A
Mix Telematics Ltd.
Octo Telematics Ltd.
Qualcomm Inc.
Bosch
Teletrac Navman
Tom-Tom NV.
Trimble Inc.
Verizon Communications, Inc.
Wireless Car AB