According to the study, Integration of IoT and Artificial Intelligence in the Automotive Embedded Telematics is one of the primary growth factors for the market. Growing Number of Automotive Accidents
is also expected to contribute significantly to the Automotive Embedded Telematics market. Overall, Information & Navigation
applications of Automotive Embedded Telematics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Omnitracs, LLC (United States), Fleetmatics Pvt.Ltd (India), Verizon (United States), Masternaut (United States), Trimble Inc (United States), Mahindra & Mahindra Limited (India), MiX Telematics (South Africa), Wipro Limited (India), Airbiquity, Inc (United States) and Fibocom Wireless (China) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Automotive Embedded Telematics market identified that the demand is rising in many different parts of the world as "Continuous Research and Advancements in the Automotive Embedded Telematics". Furthermore, some recent industry insights like "On 24th August 2020, Mahindra Truck and Bus (MTB) has announced the launch of its connected vehicle technology, Mahindra iMAXX, as part of its efforts to deliver a distinguished fleet management experience for its customers. This new Telematics platform is fitted into Mahindra’s BS6 emission norms compliant CV range, including the BLAZO X range of HCVs, FURIO range of ICVs & LCVs, and CRUZIO range of buses." is constantly making the industry dynamic. One of the challenges that industry facing is "High Cost of Installation and Maintenance of Automotive Embedded Telematics"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Automotive Embedded Telematics market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Automotive Embedded Telematics market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Automotive Embedded Telematics market tight? Which application/end-user category or Product Type [Global Positioning System, Vehicle Warning System, Automatic Driving System, Safety Wireless Communication and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
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 Automotive Embedded Telematics market and other related sub-markets covered in the study.
o Key & emerging players in the Automotive Embedded Telematics market have been observed through secondary research. o The industrys 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 Automotive Embedded Telematics market size is calculated using market estimation process, the Automotive Embedded Telematics 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 Automotive Embedded Telematics market size has been validated using both top-down and bottom-up approaches.