Auto insurers are leveraging telematics which has expanded its penetration in the automotive sector. Furthermore, the emergence of fleet management services is also expected to propel the expansion of the Telematics In Automotive Market Share across the review period. On the flip side, expensiveness of telematics system is likely to check the expansion of the market over the next few years.

Market Segmentation:

By type, the global Telematics In Automotive Market Share has been segmented into embedded, integrated, and tethered.

By application, the Telematics In Automotive Market Share has been segmented into vehicle tracking, fleet management, satellite navigation, vehicle safety communication, and others.

By vehicle type, the Telematics In Automotive Market Share has been segmented into passenger car, light commercial vehicles, and heavy commercial vehicles.

Regional Analysis:

Asia Pacific is a highly lucrative market and is poised to strike a relatively higher CAGR over the review period. The developments in the wireless technology coupled with its rising demand across the automotive sector are anticipated to drive the growth of the Telematics In Automotive Market Share in the region.

Competitive Dashboard:

Some of the key players profiled in the market are Trimble, Inc. (U.S.), TomTom International B.V.(Netherlands), Masternaut Limited (France), Telogis (U.S.), Visteon Corporation (U.S.), Airbiquity, Inc. (U.S.), AT&T Inc. (U.S.), Delphi Automotive PLC (U.K.), Continental AG (Germany), Harman International Industries, Inc. (U.S.), Trimble Inc. (U.S.), Robert Bosch GmbH (Germany), and Verizon Communications, Inc. (U.S.).

Industry News:

In February 2019, a leader in Home Telematics for property insurance carriers, Roost, has announced the addition of CFM Insurance to its Home Telematics Program (HTP).

In February 2019, a provider of industrial internet of things technology, I.D. Systems, has acquired the assets of the telematics provider CarrierWeb.

In January 2019, Minda Industries Ltd., India, has established ties with KPIT Engineering Ltd (KPIT) for telematics products.

In January 2019, the Rome-based provider of telematics and data analytics solutions, Octo Telematics, has announced its partnership with Qualitas, Mexico’s largest auto insurer.

In January 2019, TomTom NV, a Dutch company, has announced the sale of its telematics fleet-management business to Bridgestone Corp., a tire manufacturer, for USD 1 Bn.