Consumer Telematics Market, Global Outlook and Forecast 2023-2030
Consumer telematics are communication technologies and services enabling transfer of large amounts of data in and out of passenger vehicles in real-time. This provides consumers in-vehicle services, global positioning System (GPS) navigation, traffic information, local search (for example, for petrol pumps / gas stations or restaurants) and concierge services.
This report aims to provide a comprehensive presentation of the global market for Consumer Telematics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Consumer Telematics. This report contains market size and forecasts of Consumer Telematics in global, including the following market information:
Global Consumer Telematics Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Consumer Telematics market was valued at US$ 17260 million in 2022 and is projected to reach US$ 55890 million by 2030, at a CAGR of 18.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Passenger cars manufactured today offer unique connectivity solutions for better monitoring and tracking. The market is driven by amplified market penetration of smart phones, supportive governmental regulations which call for higher safety and security measures, growing demand for superior driving experience, lowered connectivity cost, and high speed internet technologies such as Long-Term Evolution (LTE).
Consumer telematics includes passenger cars. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. Based on type of telematics, the market is segmented into Automotive Original Equipment Manufacturers (OEM) and Aftermarket. The traditional automotive OEM emphases on traffic safety while aftermarket highlights media, entertainment and other personalized services.
We surveyed the Consumer Telematics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Consumer Telematics Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Consumer Telematics Market Segment Percentages, by Type, 2022 (%)
Solutions
Service
Global Consumer Telematics Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Consumer Telematics Market Segment Percentages, by Application, 2022 (%)
Car(Owned and Rental Based)
Insurance
Healthcare
Media & Entertainment
Vehicle manufacturers/dealers
Government agencies
Global Consumer Telematics Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Consumer Telematics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Consumer Telematics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Consumer Telematics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Verizon
Harman
TomTom
AT&T
Vodafone Group PLC
Ford Motors Co.
BMW
Telefonica
MiX Telematics
Trimble Navigation Limited
Outline of Major Chapters:
Chapter 1: Introduces the definition of Consumer Telematics, market overview.
Chapter 2: Global Consumer Telematics market size in revenue.
Chapter 3: Detailed analysis of Consumer Telematics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Consumer Telematics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.