Automotive Telematics Market

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Automotive Telematics Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020
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REPORT DESCRIPTION
Automotive Telematics Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 – 2020
Automotive telematics is a combination of telecommunication and informatics used in road transportation, vehicular
technologies and road and vehicle safety. Automotive telematics uses integrated systems comprising of electronic
devices such as sensors, wireless communication technologies such as satellite navigation, mobile data and vehicle
tracking and computer science. The sensors such as gyroscope, accelerometer, odometer etc. calculate parameters
such as distance, speed, direction and detect surrounding objects. This information collected by sensors is send to
the control unit over a wireless communication network such as radio, cellular or satellite. The control unit uses preprogrammed algorithms to process and analyze such information and take decisions pertaining to vehicle motoring.
Such integrated systems provide functionalities such as transport feasibility check, automatic vehicle motoring and
road safety.
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Thus, automotive telematics has led to the inventions such as driving assistance systems, automatic driving
systems, vehicular emergency warning systems, wireless safety communications and global positioning system
(GPS) navigation. This system based on telecommunications and informatics is encapsulated into the Wireless
Access for Vehicular Environment (WAVE) and is used in Intelligent Transportation Systems (ITS).
One of the major factors driving the automotive telematics market is increasing occurrences of road accidents and
vehicular mishaps. With the increasing number of vehicles and transportation requirements, the need for safety
measures has grown immensely. The need to minimize vehicular damages and human casualties caused during
transportation provides a major boost to the automotive telematics market, globally. Another factor leading to the
growth of automotive telematics market is the need for efficient mass vehicular transportation. Increasing number of
vehicles on roads has led to issues such as traffic congestions and disoriented transits. Automotive telematics
systems provide a solution over such problems through its intuitive motoring guidance capabilities which help in
redirecting traffic and automatic vehicle motoring. Government policies and regulations towards road safety also
play an important role in incorporating automotive telematics systems into commercial and personal vehicles.
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However, automotive telematics market faces few hurdles such as error rates and communication breakdowns.
Since the control unit takes major motoring decisions based on information gathered by sensors, even an iota of
error could lead to catastrophic events. Moreover, due to its heavy reliance on communication networks, automotive
telematics systems could be rendered useless in case of communication breakdown.
Automotive telematics systems have found immense applications in fleet telematics systems for navigating several
vehicles and coordinating mass transportation. The mobile vehicle system in individual vehicles is in communication
with a stationary communication system. Additional features such as visualization of vehicular position on digital
maps and use of simple input devices provide ease of use and efficiency to the automotive telematics systems.
Other applications of this system such as vehicle and trailer tracking and car clubs and automobile insurance have
provided promising prospects to the automotive telematics market. Existing companies as well as new entrants in
the market are seeking to gain advantages by developing diverse telematics systems using advanced technologies.
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Some of the key players in the automotive telematics market are Autotrac, ID Systems Inc., Teletrac Inc., Fleetmatics
IrL Limited, Trimble Navigations and Omnitracs LLC, DigiCore, Masternaut Limited, MiX Telematics, TomTom
Telematics and Telogis.
This research report analyzes this market on the basis of its market segments, major geographies, and current
market trends.
Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Middle East and Africa

Latin America
This report provides comprehensive analysis of

Market growth drivers
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Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
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The automotive telematics market is increasing occurrences of road accidents and vehicular mishaps.Automotive telematics is a combination of telecommunication and informatics used in road transportation, vehicular technologies and road and vehicle safety.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.