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Connected Vehicle and Telematics-Global Market Insights and Sales Trends 2024
Synopsis
Growing awareness and numerous benefits of telematics, advancement in smartphones, high speed internet connectivity, and developed GPS receiver have changed the telematics business rapidly. Moreover, rising awareness about driver’s safety and growing influence of safety regulations imposed by various government organizations in the European Union, Russia, and Brazil have made telematics an essential component for vehicles. The factors such as reduction in the cost of connectivity and increasing market penetration of connected devices such as smartphones, and tablets are contributing to the burgeoning demand for connected cars.
The global Connected Vehicle and Telematics market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Connected Vehicle and Telematics in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Connected Vehicle and Telematics market. Radio Frequency Identification, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sensor Network segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Technology, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Connected Vehicle and Telematics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Connected Vehicle and Telematics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Connected Vehicle and Telematics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Connected Vehicle and Telematics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Connected Vehicle and Telematics covered in this report include AT&T Inc., Airbiquity Inc., Continental AG, Delphi Automotive PLC, HARMAN International, Intel Corporation, Magneti Marelli S.p.A, Mix Telematics Ltd. and Octo Telematics Ltd., etc.
The global Connected Vehicle and Telematics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AT&T Inc.
Airbiquity Inc.
Continental AG
Delphi Automotive PLC
HARMAN International
Intel Corporation
Magneti Marelli S.p.A
Mix Telematics Ltd.
Octo Telematics Ltd.
Qualcomm Inc.
Bosch
Teletrac Navman
Tom-Tom NV.
Trimble Inc.
Verizon Communications, Inc.
Wireless Car AB
Global Connected Vehicle and Telematics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Connected Vehicle and Telematics market, Segment by Technology:
Radio Frequency Identification
Sensor Network
Satellite Positioning
Wireless Communication
Big Data Analysis
Standards and Safety Systems
Global Connected Vehicle and Telematics market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: 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 Four: Detailed analysis of Connected Vehicle and Telematics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Growing awareness and numerous benefits of telematics, advancement in smartphones, high speed internet connectivity, and developed GPS receiver have changed the telematics business rapidly. Moreover, rising awareness about driver’s safety and growing influence of safety regulations imposed by various government organizations in the European Union, Russia, and Brazil have made telematics an essential component for vehicles. The factors such as reduction in the cost of connectivity and increasing market penetration of connected devices such as smartphones, and tablets are contributing to the burgeoning demand for connected cars.
The global Connected Vehicle and Telematics market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Connected Vehicle and Telematics in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Connected Vehicle and Telematics market. Radio Frequency Identification, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sensor Network segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Technology, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Connected Vehicle and Telematics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Connected Vehicle and Telematics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Connected Vehicle and Telematics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Connected Vehicle and Telematics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Connected Vehicle and Telematics covered in this report include AT&T Inc., Airbiquity Inc., Continental AG, Delphi Automotive PLC, HARMAN International, Intel Corporation, Magneti Marelli S.p.A, Mix Telematics Ltd. and Octo Telematics Ltd., etc.
The global Connected Vehicle and Telematics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AT&T Inc.
Airbiquity Inc.
Continental AG
Delphi Automotive PLC
HARMAN International
Intel Corporation
Magneti Marelli S.p.A
Mix Telematics Ltd.
Octo Telematics Ltd.
Qualcomm Inc.
Bosch
Teletrac Navman
Tom-Tom NV.
Trimble Inc.
Verizon Communications, Inc.
Wireless Car AB
Global Connected Vehicle and Telematics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Connected Vehicle and Telematics market, Segment by Technology:
Radio Frequency Identification
Sensor Network
Satellite Positioning
Wireless Communication
Big Data Analysis
Standards and Safety Systems
Global Connected Vehicle and Telematics market, by Application
Passenger Cars
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: 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 Four: Detailed analysis of Connected Vehicle and Telematics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Connected Vehicle and Telematics
1.1 Connected Vehicle and Telematics Market Overview
1.1.1 Connected Vehicle and Telematics Product Scope
1.1.2 Connected Vehicle and Telematics Market Status and Outlook
1.2 Global Connected Vehicle and Telematics Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Connected Vehicle and Telematics Market Size by Region (2018-2029)
1.4 Global Connected Vehicle and Telematics Historic Market Size by Region (2018-2023)
1.5 Global Connected Vehicle and Telematics Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Connected Vehicle and Telematics Market Size (2018-2029)
1.6.1 North America Connected Vehicle and Telematics Market Size (2018-2029)
1.6.2 Europe Connected Vehicle and Telematics Market Size (2018-2029)
1.6.3 Asia-Pacific Connected Vehicle and Telematics Market Size (2018-2029)
1.6.4 Latin America Connected Vehicle and Telematics Market Size (2018-2029)
1.6.5 Middle East & Africa Connected Vehicle and Telematics Market Size (2018-2029)
2 Connected Vehicle and Telematics Market by Technology
2.1 Introduction
2.1.1 Radio Frequency Identification
2.1.2 Sensor Network
2.1.3 Satellite Positioning
2.1.4 Wireless Communication
2.1.5 Big Data Analysis
2.1.6 Standards and Safety Systems
2.2 Global Connected Vehicle and Telematics Market Size by Technology: 2018 VS 2022 VS 2029
2.2.1 Global Connected Vehicle and Telematics Historic Market Size by Technology (2018-2023)
2.2.2 Global Connected Vehicle and Telematics Forecasted Market Size by Technology (2024-2029)
2.3 Key Regions Market Size by Technology
2.3.1 North America Connected Vehicle and Telematics Revenue Breakdown by Technology (2018-2029)
2.3.2 Europe Connected Vehicle and Telematics Revenue Breakdown by Technology (2018-2029)
2.3.3 Asia-Pacific Connected Vehicle and Telematics Revenue Breakdown by Technology (2018-2029)
2.3.4 Latin America Connected Vehicle and Telematics Revenue Breakdown by Technology (2018-2029)
2.3.5 Middle East and Africa Connected Vehicle and Telematics Revenue Breakdown by Technology (2018-2029)
3 Connected Vehicle and Telematics Market Overview by Application
3.1 Introduction
3.1.1 Passenger Cars
3.1.2 Commercial Vehicles
3.2 Global Connected Vehicle and Telematics Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Connected Vehicle and Telematics Historic Market Size by Application (2018-2023)
3.2.2 Global Connected Vehicle and Telematics Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Connected Vehicle and Telematics Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Connected Vehicle and Telematics Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Connected Vehicle and Telematics Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Connected Vehicle and Telematics Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Connected Vehicle and Telematics Revenue Breakdown by Application (2018-2029)
4 Connected Vehicle and Telematics Competition Analysis by Players
4.1 Global Connected Vehicle and Telematics Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Connected Vehicle and Telematics as of 2022)
4.3 Date of Key Players Enter into Connected Vehicle and Telematics Market
4.4 Global Top Players Connected Vehicle and Telematics Headquarters and Area Served
4.5 Key Players Connected Vehicle and Telematics Product Solution and Service
4.6 Competitive Status
4.6.1 Connected Vehicle and Telematics Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 AT&T Inc.
5.1.1 AT&T Inc. Profile
5.1.2 AT&T Inc. Main Business
5.1.3 AT&T Inc. Connected Vehicle and Telematics Products, Services and Solutions
5.1.4 AT&T Inc. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.1.5 AT&T Inc. Recent Developments
5.2 Airbiquity Inc.
5.2.1 Airbiquity Inc. Profile
5.2.2 Airbiquity Inc. Main Business
5.2.3 Airbiquity Inc. Connected Vehicle and Telematics Products, Services and Solutions
5.2.4 Airbiquity Inc. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.2.5 Airbiquity Inc. Recent Developments
5.3 Continental AG
5.3.1 Continental AG Profile
5.3.2 Continental AG Main Business
5.3.3 Continental AG Connected Vehicle and Telematics Products, Services and Solutions
5.3.4 Continental AG Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.3.5 Delphi Automotive PLC Recent Developments
5.4 Delphi Automotive PLC
5.4.1 Delphi Automotive PLC Profile
5.4.2 Delphi Automotive PLC Main Business
5.4.3 Delphi Automotive PLC Connected Vehicle and Telematics Products, Services and Solutions
5.4.4 Delphi Automotive PLC Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.4.5 Delphi Automotive PLC Recent Developments
5.5 HARMAN International
5.5.1 HARMAN International Profile
5.5.2 HARMAN International Main Business
5.5.3 HARMAN International Connected Vehicle and Telematics Products, Services and Solutions
5.5.4 HARMAN International Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.5.5 HARMAN International Recent Developments
5.6 Intel Corporation
5.6.1 Intel Corporation Profile
5.6.2 Intel Corporation Main Business
5.6.3 Intel Corporation Connected Vehicle and Telematics Products, Services and Solutions
5.6.4 Intel Corporation Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.6.5 Intel Corporation Recent Developments
5.7 Magneti Marelli S.p.A
5.7.1 Magneti Marelli S.p.A Profile
5.7.2 Magneti Marelli S.p.A Main Business
5.7.3 Magneti Marelli S.p.A Connected Vehicle and Telematics Products, Services and Solutions
5.7.4 Magneti Marelli S.p.A Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.7.5 Magneti Marelli S.p.A Recent Developments
5.8 Mix Telematics Ltd.
5.8.1 Mix Telematics Ltd. Profile
5.8.2 Mix Telematics Ltd. Main Business
5.8.3 Mix Telematics Ltd. Connected Vehicle and Telematics Products, Services and Solutions
5.8.4 Mix Telematics Ltd. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.8.5 Mix Telematics Ltd. Recent Developments
5.9 Octo Telematics Ltd.
5.9.1 Octo Telematics Ltd. Profile
5.9.2 Octo Telematics Ltd. Main Business
5.9.3 Octo Telematics Ltd. Connected Vehicle and Telematics Products, Services and Solutions
5.9.4 Octo Telematics Ltd. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.9.5 Octo Telematics Ltd. Recent Developments
5.10 Qualcomm Inc.
5.10.1 Qualcomm Inc. Profile
5.10.2 Qualcomm Inc. Main Business
5.10.3 Qualcomm Inc. Connected Vehicle and Telematics Products, Services and Solutions
5.10.4 Qualcomm Inc. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.10.5 Qualcomm Inc. Recent Developments
5.11 Bosch
5.11.1 Bosch Profile
5.11.2 Bosch Main Business
5.11.3 Bosch Connected Vehicle and Telematics Products, Services and Solutions
5.11.4 Bosch Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.11.5 Bosch Recent Developments
5.12 Teletrac Navman
5.12.1 Teletrac Navman Profile
5.12.2 Teletrac Navman Main Business
5.12.3 Teletrac Navman Connected Vehicle and Telematics Products, Services and Solutions
5.12.4 Teletrac Navman Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.12.5 Teletrac Navman Recent Developments
5.13 Tom-Tom NV.
5.13.1 Tom-Tom NV. Profile
5.13.2 Tom-Tom NV. Main Business
5.13.3 Tom-Tom NV. Connected Vehicle and Telematics Products, Services and Solutions
5.13.4 Tom-Tom NV. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.13.5 Tom-Tom NV. Recent Developments
5.14 Trimble Inc.
5.14.1 Trimble Inc. Profile
5.14.2 Trimble Inc. Main Business
5.14.3 Trimble Inc. Connected Vehicle and Telematics Products, Services and Solutions
5.14.4 Trimble Inc. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.14.5 Trimble Inc. Recent Developments
5.15 Verizon Communications, Inc.
5.15.1 Verizon Communications, Inc. Profile
5.15.2 Verizon Communications, Inc. Main Business
5.15.3 Verizon Communications, Inc. Connected Vehicle and Telematics Products, Services and Solutions
5.15.4 Verizon Communications, Inc. Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.15.5 Verizon Communications, Inc. Recent Developments
5.16 Wireless Car AB
5.16.1 Wireless Car AB Profile
5.16.2 Wireless Car AB Main Business
5.16.3 Wireless Car AB Connected Vehicle and Telematics Products, Services and Solutions
5.16.4 Wireless Car AB Connected Vehicle and Telematics Revenue (US$ Million) & (2018-2023)
5.16.5 Wireless Car AB Recent Developments
6 North America
6.1 North America Connected Vehicle and Telematics Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Connected Vehicle and Telematics Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Connected Vehicle and Telematics Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Connected Vehicle and Telematics Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Connected Vehicle and Telematics Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Connected Vehicle and Telematics Market Dynamics
11.1 Connected Vehicle and Telematics Industry Trends
11.2 Connected Vehicle and Telematics Market Drivers
11.3 Connected Vehicle and Telematics Market Challenges
11.4 Connected Vehicle and Telematics Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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