Automotive Telematics Market Size, Share, Growth, Trends, Production, Consumption and Forecast 2020 to 2027

The automotive telematics market size is projected to surpass around US$ 98 Bn by 2027, expanding at a CAGR of 17% during the forecast period 2020 to 2027.

Some of the leading factors that are likely to accelerate the adoption of advanced telematics in the automotive industry include the willingness of government bodies across the world to mandate telematics services and rising consumer demand for improved connectivity in vehicles. Furthermore, automotive telematics offer improvements in road safety and driving behavior, and is likely to streamline insurance premiums in tune with usage-based insurance. Trends in the automotive telematics market also indicate that use of telematics in the automotive sector can open up new avenues for corporate businesses and individuals beyond matters of road safety and insurance.

The automotive telematics market is likely to be driven by the rise in preference for security and safety features in vehicles. For instance, automotive telematics is gaining popularity and is largely being demanded by consumers in the Western hemisphere. Automotive telematics helps optimize the efficiency of the vehicle and improvises the traffic flow in a specific region. It helps smoothen the management of vehicle fleet and hence, high rate of adoption among vehicle fleet owners and expansion of rental services are boosting the market for automotive telematics.

Some of the leading factors that are likely to accelerate the adoption of advanced telematics in the automotive industry include the willingness of government bodies across the world to mandate telematics services and rising consumer demand for improved connectivity in vehicles. Furthermore, automotive telematics offer improvements in road safety and driving behavior, and is likely to streamline insurance premiums in tune with usage-based insurance. Trends in the automotive telematics market also indicate that use of telematics in the automotive sector can open up new avenues for corporate businesses and individuals beyond matters of road safety and insurance.

Market for automotive telematics is expanding significantly across all regions. Europe and North America are highly developed markets for automotive telematics, and they are estimated to expand at a notable pace during the forecast period. Significant increase in cases of vehicle theft and traffic fatalities, along with rise in sales of vehicles, encouraged manufacturers to integrate connected vehicle devices in their vehicles. Stolen vehicle tracking and eCall features offered by telematics services are highly popular among passenger vehicle owners. Presence of large population and high traffic congestion in Asia Pacific make recovery of stolen vehicles in the region highly difficult; however, stolen vehicle tracking is expected to make the task of recovering the vehicle notably easier for governing authorities.

Enhanced efficiency of vehicles and fleet management are key drivers of the market. Moreover, high fuel economy and low carbon emission are prime concern of fleet owners. Thus, telematics service providers help enhance the economy of the vehicle.

Electronic toll collection and congestion charge are key features provided by telematics service providers in some parts of Europe, which are facing parking issues and traffic jams, owing to high rate of motorization, such as those experienced in the city of London. The electronic toll collection system automatically scans the number plate or QR code mounted on the vehicle and deducts the amount from the account of the vehicle owner, which leads to easier flow of traffic. Telematics services offer several features that ultimately turn out to be highly convenient for vehicle owners, such as remote control of the vehicle, vehicle health diagnostic, over the air updates, connected navigation, and infotainment.

In terms of application, vehicle tracking and fleet management services are prominent segments of the market. Adoption of telematics services and technology and advanced technologies in vehicles to enhance safety are anticipated to propel the automotive telematics market.

Industry 4.0 Drives Adoption of Telematics Services in Automotive Industry

Industrial verticals across the world continue to evolve as the automation trend gains momentum. The global industrial sector is witnessing the dawn of the fourth industrial revolution, wherein factory automation and automation solutions, including telematics are set to gain notable traction. The onset of Industry 4.0 is expected to accelerate the adoption of telematics in the automotive sector. The adoption of telematics in the automotive sector is anticipated to increase at a rapid pace, owing to growing applications such as vehicle tracking, satellite navigation, fleet management, vehicle safety communication, etc.

Advancements in the automotive telematics market are heavily linked with the progress of the 5G technology. Swift and real-time data transmission across devices require advanced network with efficient data transmission. The advent of 5G technology is estimated to fuel the demand for autonomous technologies in the near future. Moreover, improvements in 5G will enhance coverage, speed, and reliability of automotive telematics– a factor that is expected to boost the growth of the automotive telematics market in the coming years.

Within the automotive telematics market, fleet management and vehicle tracking are expected to be key application areas. Both these segments are projected to account for ~65% share of the automotive telematics market in 2020.

Benefits Offered by Telematics Technology in Fleet Safety to Propel Demand

Fleet management has attracted significant attention in recent years. The need to improve safety for cargo, personnel, and vehicles has driven the adoption of automotive telematics for fleet management. Automotive telematics has emerged as one of the most reliable and efficient services for fleet management such as emergency warning systems, GPS navigation, autonomous driving assistance, sensors, radars, etc. While some of the services focus on safety of the driver, these services, however, play a key role in improving fleet management. Stakeholders in the automotive telematics market are also engaged in the development of new automotive telematics solutions to gain an edge in the current market landscape. For instance, in January 2020, Geotab launched an integrated General Motors telematics solution. The newly launched solution is primarily developed to enable fleet managers to gain access to vehicular data and improve fleet management.

Market Challenges

  • Low awareness among consumers of developing nations, such as India, is a major restraint to the automotive telematics market, as lack of awareness about telematics technologies is likely to lead to low demand for the technology and services. Moreover, telematics services are popular among business owners and fleet owners. Thus, the fleet service segment holds a significant share of the automotive telematics market.
  • Developing nations offer significant opportunities to the automotive telematics market, as most nations are adopting digital technologies in order to enhance the efficiency of vehicle fleets. Furthermore, most countries in Asia Pacific such as China and India are into the transitional stage of emission norms and have announced the adoption of Euro 6 equivalent emission norm soon, thus optimizing the driving habits, and regular diagnosis report of vehicle may contribute to reduction in carbon emission.
  • The telematics service providers charge for providing regular service to vehicle owners and hence, people opting for entry level vehicles mostly do not use charged telematics services

Key Players

Prominent players operating in the global automotive telematics market include Agero Inc., Clarion, Continental AG, Delphi Technologies, Denso Corporation, Embitel, HARMAN International, Inseego Corp, Intel Corporation, LG Electronics, Luxoft, Magneti Marelli S.p.A., Masternaut Limited, Microlise, NTT Docomo Inc., Omnitracs, Panasonic Corporation, Qualcomm Technologies, Inc., Robert Bosch GmbH, Telogis, TomTom International B.V., Trimble Inc., Valeo, Verizon, and Vodafone Automotive SpA.

The Automotive Telematics market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Automotive Telematics market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Automotive Telematics market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Telematics market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Automotive Telematics market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Automotive Telematics capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Automotive Telematics by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Automotive Telematics market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Automotive Telematics market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Automotive Telematics market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Automotive Telematics industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Automotive Telematics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Automotive Telematics market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Automotive Telematics market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Automotive Telematics market. These factors have benefited the growth of the global market for Automotive Telematics. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Automotive Telematics. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).


  • By Technology
    • Embedded
    • Tethered
    • Integrated
  • By Application
    • Vehicle Tracking
    • Fleet Management
    • Satellite Navigation
    • Vehicle Safety Communication
    • Others
  • By Vehicle
    • Passenger Vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • By Sales Channel
    • OEM
    • Aftermarket
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America

In this study, the years considered to estimate the market size of Automotive Telematics are as follows:

  • History Year: 2016-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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