The Global Automotive OEM Telematics Market size valued to USD 22.95 billion in 2019, is
predicted an elevation up-to USD 125.48 billion by 2030, with a growing CAGR of 16.7% from
2020-2030. Automotive OEM Telematics
is an
interdisciplinary
integration of
telecommunications, and informatics; preinstalled in an automobile to provide security,
enhance safety features, assist in navigation and take control of the vehicle. The main function
of telematics is automobile tracking, car sharing, emergency warning systems for vehicles and
such other high-tech features. The services offered are either subscription based or free of
cost. The automotive OEM telematics solutions and services hold wide applications in
Passenger Car, Two-Wheelers, HCV, MCV and LCV.
Market Segmentations and Scope of the Study:
The global automotive OEM telematics market share analysis is based on vehicle type,
application, and geography. Based on vehicle type, the market is segmented into Passenger
Car, Two-Wheelers, HCV, MCV and LCV. Based on application, the market is further classified
into solutions and services. The services segment is divided into Design and consulting,
Integration and deployment, Maintenance and training and Data acquisition from vehicle bus
network. The solution segment is further categorized into Fleet/Asset management solution,
Navigation and location-based Solution, Infotainment, Insurance telematics, V2V and V2I,
Tele-health solutions, Remote alarm and monitoring, Remote diagnostic and Driver and
vehicle performance analytics. Geographic breakdown and analysis of each of the previously
mentioned segments include regions comprising North America, Europe, Asia-Pacific, and
RoW.
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Geographical Analysis
North America dominated the global automotive OEM telematics market, and is expected to
maintain its dominance throughout the forecast period, holding the highest market share. This
is attributable