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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Automotive Embedded Telematics Market to reach USD XX billion by 2027.

Global Automotive Embedded Telematics Market Size study, by Service (Information and Navigation, Remote Diagnostics, Safety and Security, Entertainment), by Vehicle type (passenger Car, Heavy Commercial Vehicle, Light Commercial Vehicle) and Regional Forecasts 2021-2027

Product Code: ALTST-65463846
Publish Date: 23-01-2022
Page: 200

Global Automotive Embedded Telematics Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Automotive embedded telematics is a technology developed out of the rapid expansion of the internet in the past few decades. Embedded telematics systems have been widely used in passenger cars and commercial vehicles for fleet management, and many other applications. Increasing road accidents and vehicle mishaps, mergers & acquisitions for product innovation have led to the adoption of Automotive embedded telematics across the forecast period. For Instance: In February 2019, Omnitracs LLC announced the partnership with Red Hat to upgrade its cloud-based fleet management platform, Omnitracs One, to accelerate the development of new capabilities enabled by technology from the open-source specialist. Also, with the surge in demand for fleet management solutions in logistics sector, the adoption & demand for Automotive embedded telematics is likely to increase the market growth during the forecast period. However, high cost of automotive embedded telematics impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Automotive Embedded Telematics market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increase in road accidents and passenger security offered by advanced technology and increased research and development initiatives. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising disposable income would create lucrative growth prospects for the Automotive Embedded Telematics market across Asia-Pacific region.

Major market players included in this report are:
MiX Telematics
Teletrac Navman Group
Masternaut Limited
Digicore Technologies
TomTom Telematics BV
Trimble Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service:
Information And Navigation
Remote Diagnostics
Safety And Security
By Vehicle type:
Passenger Car
Heavy Commercial Vehicle
Light Commercial Vehicle
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Automotive Embedded Telematics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Automotive Embedded Telematics Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Automotive Embedded Telematics Market, by Service, 2019-2027 (USD Billion)
1.2.3. Global Automotive Embedded Telematics Market, by Vehicle Type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Embedded Telematics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Embedded Telematics Market Dynamics
3.1. Automotive Embedded Telematics Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing road accidents and vehicle mishaps Mergers & acquisitions for product innovation
3.1.2. Market Challenges High cost of automotive embedded telematics
3.1.3. Market Opportunities Surge in demand for fleet management solutions in logistics sector
Chapter 4. Global Automotive Embedded Telematics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Automotive Embedded Telematics Market, by Service
6.1. Market Snapshot
6.2. Global Automotive Embedded Telematics Market by Service, Performance – Potential Analysis
6.3. Global Automotive Embedded Telematics Market Estimates & Forecasts by Service, 2018-2027 (USD Billion)
6.4. Automotive Embedded Telematics Market, Sub Segment Analysis
6.4.1. Information And Navigation
6.4.2. Remote Diagnostics
6.4.3. Safety And Security
6.4.4. Entertainment
Chapter 7. Global Automotive Embedded Telematics Market, by Vehicle Type
7.1. Market Snapshot
7.2. Global Automotive Embedded Telematics Market by Vehicle Type, Performance – Potential Analysis
7.3. Global Automotive Embedded Telematics Market Estimates & Forecasts by Vehicle Type, 2018-2027 (USD Billion)
7.4. Automotive Embedded Telematics Market, Sub Segment Analysis
7.4.1. Passenger Car
7.4.2. Heavy Commercial Vehicle
7.4.3. Light Commercial Vehicle
Chapter 8. Global Automotive Embedded Telematics Market, Regional Analysis
8.1. Automotive Embedded Telematics Market, Regional Market Snapshot
8.2. North America Automotive Embedded Telematics Market
8.2.1. U.S. Automotive Embedded Telematics Market Service breakdown estimates & forecasts, 2018-2027 Vehicle type breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Automotive Embedded Telematics Market
8.3. Europe Automotive Embedded Telematics Market Snapshot
8.3.1. U.K. Automotive Embedded Telematics Market
8.3.2. Germany Automotive Embedded Telematics Market
8.3.3. France Automotive Embedded Telematics Market
8.3.4. Spain Automotive Embedded Telematics Market
8.3.5. Italy Automotive Embedded Telematics Market
8.3.6. Rest of Europe Automotive Embedded Telematics Market
8.4. Asia-Pacific Automotive Embedded Telematics Market Snapshot
8.4.1. China Automotive Embedded Telematics Market
8.4.2. India Automotive Embedded Telematics Market
8.4.3. Japan Automotive Embedded Telematics Market
8.4.4. Australia Automotive Embedded Telematics Market
8.4.5. South Korea Automotive Embedded Telematics Market
8.4.6. Rest of Asia Pacific Automotive Embedded Telematics Market
8.5. Latin America Automotive Embedded Telematics Market Snapshot
8.5.1. Brazil Automotive Embedded Telematics Market
8.5.2. Mexico Automotive Embedded Telematics Market
8.6. Rest of The World Automotive Embedded Telematics Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. MiX Telematics Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Teletrac Navman Group
9.2.3. Omnitracs
9.2.4. Autotrac
9.2.5. Fleetmatics
9.2.6. Masternaut Limited
9.2.7. Digicore Technologies
9.2.8. TomTom Telematics BV
9.2.9. Telogis
9.2.10. Trimble Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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