Pune, India, March 14, 2017 /MRFR Press Release/- Market research future published a half cooked research report on Global Telematics in automotive market. The Telematics in automotive market is expected to grow over the CAGR of around 18.2% during the period 2024 to 2032.
Market Highlights
The global telematics in automotive market is majorly driven by the global need to reduce traffic congestions with the rapid urbanization. The increasing private and public demand for ensuring smart coordination of large-scale fleet tracking and enabling precise tracking of vehicles to enhance transportation safety on roads is also majorly driving the growth of this market. The integration of GPS systems with real time monitoring of vehicles is driving the growth of this market.
Market Research Analysis Among all services, information & navigation is expected to grow rapidly, owing to the increased features of telematics in automotive such as an embedded map in the system which can support local calculation of the routes and reception of routes computed at a designated center. Telematics in automotive also ensure delivering proper information about navigation in terms of displaying turn arrows over simplified road shapes and filling a turn arrow according to a vehicle's positions.North America is expected to be the largest region in the telematics in automotive market. Asia Pacific region is expected to witness the highest growth in the forecast period. Growing domestic demand for wireless communication system in vehicles in the developing countries such as China and India are expected to boost the telematics in automotive market in the region. Rapid increase in government regulations and the increased consumer willingness to pay more for telematics equipped vehicles, is motivating the market leaders to invest in the emerging markets of Asia Pacific.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Telematics In Automotive Market
Global Telematics in Automotive Market Size by Application
Contact:
Akash Anand,
Market Research Future
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 111 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.