Safety and Security Telematics Market was valued at USD 7.5 Billion in 2022 and is projected to reach USD 15.8 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030.
The demand for telematics solutions continued to rise through 2022, with automotive manufacturers and service providers keen to integrate advanced safety features such as collision prevention, emergency alerts, and remote vehicle monitoring. By leveraging these systems, car owners were able to increase vehicle security, reduce theft, and optimize driving behavior. As we look ahead to the years between 2023 and 2033, this trend will accelerate as technologies like autonomous vehicles and smart infrastructure become more widely adopted. Demand for connected safety solutions will surge, fueled by regulatory pushes for enhanced vehicle safety standards, the increased integration of artificial intelligence, and the growing importance of real-time data analysis for preventing accidents and improving overall vehicle management.
The safety and security telematics market's demand from 2023 to 2033 will be propelled by innovations such as V2X (vehicle-to-everything) communication, which enables vehicles to interact with infrastructure, other vehicles, and even pedestrians. In addition, the expansion of 5G networks is set to play a crucial role in increasing the speed and efficiency of data exchange, ensuring more reliable safety systems for autonomous and connected vehicles. Consumer demand for enhanced in-car security and monitoring features will be further spurred by concerns about car theft, accidents, and the growing importance of preventative maintenance solutions.
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The Safety and Security Telematics Market has evolved significantly from 2018 to 2022, experiencing rapid growth driven by advancements in vehicle connectivity and increased concerns about road safety. From 2023 to 2033, the market is expected to witness an even stronger demand, thanks to emerging technologies, heightened awareness of security threats, and a surge in vehicle automation. During the 2018-2022 period, Safety and Security Telematics played a pivotal role in enhancing the overall safety of vehicles and drivers. This included the integration of GPS, cellular connectivity, sensors, and real-time data processing systems that monitor road conditions, vehicle health, and driver behavior, thus preventing accidents and improving road safety.
AirIQ
OnStar
ETAS Group
Agero
WebTech Wireless
Qualcomm
DigiCore Holdings
Wireless Matrix
Trimble Transport & Logistics
Minda
Technoton
AST MSL
Boat Command
Sentinel Marine Solutions
Navis
Cybernetica
ki2 Infotech
Market Spectrum
Traxens
Metocean
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Safety and Security Telematics Market
Government and Utilities
Safety and Security
Logistics and Distribution
Manufacturing
Automotive
Marine
Other
Based on Types the Market is categorized into Below types that held the largest Safety and Security Telematics market share In 2023.
Embedded
Portable
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Safety and Security Telematics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Safety and Security Telematics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Safety and Security Telematics Market, By Type
6. Global Safety and Security Telematics Market, By Application
7. Global Safety and Security Telematics Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Safety and Security Telematics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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