April 18, 2024

Automotive Embedded Telematics Market Size, Growth, Report 2033

The automotive embedded telematics market size is poised to grow by USD 99.78  billion by 2033 from USD 18.06 billion in 2023, exhibiting a CAGR of 18.64% during the forecast period 2024-2033. 

Automotive Embedded Telematics Market Size 2024 to 2033

Key Points

  • Europe has contributed for the largest market share of 34% in 2023.
  • Asia-Pacific is estimated to expand at the fastest CAGR of 23.75% during the forecast period of 2024-2033.
  • By solution, the safety & security segment held the largest market share of 49% in 2023.
  • By solution, the remote diagnostics segment is anticipated to grow at a remarkable CAGR of 22.29% during the forecast period.
  • By component, the services segment has generated the largest market share of 52% in 2023.
  • By component, the hardware segment is growing at the fastest CAGR of 15.64% over the projected period.
  • By application, the passenger cars segment has generated more than 75% of market share in 2023.
  • By application, the commercial vehicles segment is expected to grow at a CAGR of 23.70% over the projected period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Automotive embedded telematics market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Automotive embedded telematics Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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Automotive Embedded Telematics Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 18.64%
Global Market Size in 2023 USD 18.06 Billion
Global Market Size by 2033 USD 99.78 Billion
Largest Market Europe
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Solution, By Component, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Mineral Supplements Market Size to Rise USD 29.66 Bn by 2033

The empirical study on the global Automotive embedded telematics market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Automotive embedded telematics Market. Our market report for the Automotive embedded telematics market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Automotive Embedded Telematics Market Companies

  • Verizon Connect
  • Geotab
  • TomTom Telematics
  • AT&T
  • Bosch Connected Devices and Solutions
  • MiX Telematics
  • CalAmp
  • Teletrac Navman
  • Harman International (a Samsung company)
  • Continental AG
  • Vodafone Automotive
  • Telit
  • Airbiquity
  • Sierra Wireless
  • WirelessCar

Data Sources and Methodology

To gather comprehensive insights on the Global Automotive embedded telematics Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Automotive embedded telematics Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Automotive embedded telematics market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2024 to 2033.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Solution

  • Safety & Security
  • Information & Navigation
  • Entertainment
  • Remote Diagnostics

By Component

  • Hardware
  • Services
  • Connectivity

By Application

  • Passenger Cars
  • Commercial Vehicles

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Automotive embedded telematics market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Automotive embedded telematics market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Automotive embedded telematics market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Automotive embedded telematics market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automotive Embedded Telematics Market 

5.1. COVID-19 Landscape: Automotive Embedded Telematics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automotive Embedded Telematics Market, By Solution

8.1. Automotive Embedded Telematics Market, by Solution, 2024-2033

8.1.1 Safety & Security

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Information & Navigation

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Entertainment

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Remote Diagnostics

8.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Automotive Embedded Telematics Market, By Component

9.1. Automotive Embedded Telematics Market, by Component, 2024-2033

9.1.1. Hardware

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Services

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Connectivity

9.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Automotive Embedded Telematics Market, By Application 

10.1. Automotive Embedded Telematics Market, by Application, 2024-2033

10.1.1. Passenger Cars

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Commercial Vehicles

10.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Automotive Embedded Telematics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Solution (2021-2033)

11.1.2. Market Revenue and Forecast, by Component (2021-2033)

11.1.3. Market Revenue and Forecast, by Application (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Solution (2021-2033)

11.1.4.2. Market Revenue and Forecast, by Component (2021-2033)

11.1.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Solution (2021-2033)

11.1.5.2. Market Revenue and Forecast, by Component (2021-2033)

11.1.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Solution (2021-2033)

11.2.2. Market Revenue and Forecast, by Component (2021-2033)

11.2.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Solution (2021-2033)

11.2.4.2. Market Revenue and Forecast, by Component (2021-2033)

11.2.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Solution (2021-2033)

11.2.5.2. Market Revenue and Forecast, by Component (2021-2033)

11.2.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Solution (2021-2033)

11.2.6.2. Market Revenue and Forecast, by Component (2021-2033)

11.2.6.3. Market Revenue and Forecast, by Application (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Solution (2021-2033)

11.2.7.2. Market Revenue and Forecast, by Component (2021-2033)

11.2.7.3. Market Revenue and Forecast, by Application (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Solution (2021-2033)

11.3.2. Market Revenue and Forecast, by Component (2021-2033)

11.3.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Solution (2021-2033)

11.3.4.2. Market Revenue and Forecast, by Component (2021-2033)

11.3.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Solution (2021-2033)

11.3.5.2. Market Revenue and Forecast, by Component (2021-2033)

11.3.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Solution (2021-2033)

11.3.6.2. Market Revenue and Forecast, by Component (2021-2033)

11.3.6.3. Market Revenue and Forecast, by Application (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Solution (2021-2033)

11.3.7.2. Market Revenue and Forecast, by Component (2021-2033)

11.3.7.3. Market Revenue and Forecast, by Application (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Solution (2021-2033)

11.4.2. Market Revenue and Forecast, by Component (2021-2033)

11.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Solution (2021-2033)

11.4.4.2. Market Revenue and Forecast, by Component (2021-2033)

11.4.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Solution (2021-2033)

11.4.5.2. Market Revenue and Forecast, by Component (2021-2033)

11.4.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Solution (2021-2033)

11.4.6.2. Market Revenue and Forecast, by Component (2021-2033)

11.4.6.3. Market Revenue and Forecast, by Application (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Solution (2021-2033)

11.4.7.2. Market Revenue and Forecast, by Component (2021-2033)

11.4.7.3. Market Revenue and Forecast, by Application (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Solution (2021-2033)

11.5.2. Market Revenue and Forecast, by Component (2021-2033)

11.5.3. Market Revenue and Forecast, by Application (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Solution (2021-2033)

11.5.4.2. Market Revenue and Forecast, by Component (2021-2033)

11.5.4.3. Market Revenue and Forecast, by Application (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Solution (2021-2033)

11.5.5.2. Market Revenue and Forecast, by Component (2021-2033)

11.5.5.3. Market Revenue and Forecast, by Application (2021-2033)

Chapter 12. Company Profiles

12.1. Verizon Connect

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Geotab

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. TomTom Telematics

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. AT&T

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Bosch Connected Devices and Solutions

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. MiX Telematics

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. CalAmp

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Teletrac Navman

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Harman International (a Samsung company)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Continental AG

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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