Telematics Box (T-Box) Market Review: Long-Term Opportunity Vs. Short-Term Challenges

Telematics Box (T-Box) Market Latest Edition Published with Forecast to 2027
The article cited AMA's Global Telematics Box (T-Box) Market Study explored significant growth with CAGR of 16.24%. According to the report, Developments in 4G and 5G connectivity is one of the primary growth factors for the market. Growth in Entertainment, Safety & Security and Navigation Services is also expected to contribute significantly to the Telematics Box (T-Box) market. Overall, applications of Telematics Box (T-Box), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Telematics Box (T-Box) Market identified that the demand is rising in many different parts of the world due to "Rise in Efforts by the Government for Developing an Intelligent Transportation System ". Furthermore, some recent industry insights like "On 15th July 2020, Continental wins serial orders for intelligent antennas and 5G connectivity. As of 2023, Continental will supply two European vehicle manufacturers with intelligent antenna modules and 5G telematics units." is constantly making the industry dynamic. One of the challenges that industry facing is "Concerns over Cybersecurity"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Telematics Box (T-Box) market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Telematics Box (T-Box) market and other related sub-markets covered in the study.

o Key & emerging players in the Telematics Box (T-Box) market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Telematics Box (T-Box) market size is calculated using market estimation process, the Telematics Box (T-Box) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Telematics Box (T-Box) market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager