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Global Passenger Vehicle Telematics Market 2018-2022

Global Passenger Vehicle Telematics Market 2018-2022

About Passenger Vehicle Telematics

Telematics system is a device which deals with communication (sending, receiving, and storing information) regarding the vehicle and other parameters. The telematics system collects information from different onboard sensors, such as vehicle speed, braking system, ADAS, airbags, transmission control system and many other systems.

Technavio’s analysts forecast the global passenger vehicle telematics market to grow at a CAGR of 23.57% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global passenger vehicle telematics market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of passenger vehicle telematics.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Passenger Vehicle Telematics Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Agero
  • Airbiquity
  • Bosch
  • Continental
  • Visteon
Market driver
  • OEM push for embedded telematics systems in BRIC nations
  • For a full, detailed list, view our report
Market challenge
  • Data security in telematics industry
  • For a full, detailed list, view our report
Market trend
  • introduction of usage based insurance (UBI) to the customers by insurance companies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Passenger Vehicle Telematics Market 2018-2022

Technavio recognizes the following companies as the key players in the global passenger vehicle telematics market: Agero, Airbiquity, Bosch, Continental, and Visteon

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is introduction of usage based insurance (UBI) to the customers by insurance companies. In UBI, insurance companies can calculate the insurance premium for their clients in accordance to the usage rate of the vehicle. The automotive telematics system provides insurance companies a clear idea of a person's driving pattern that was earlier estimated using gender, age, marital status, and experience. The implementation of telematics assisted UBI also assists the customers to lessen their premium rates by adopting safe driving.”

According to the report, one of the major drivers for this market is OEM push for embedded telematics systems in BRIC nations. Embedded telematics systems market is dominated by developed regions like Europe and North America. Embedded connectivity provides the advantage of data reliability as it is connected 24x7. However, the same is not true for tethered and smartphone integration solutions where the connectivity of the device depends on the user. As a result, regulatory bodies will pass legislations in future to encourage installation of embedded telematics in passenger vehicles. This will lead to increased adoption of embedded telematics in the automotive industry.

Further, the report states that one of the major factors hindering the growth of this market is Data security in telematics industry. Previously, most M2M communications used proprietary protocols or private networks for connectivity. However, increasing demand for connectivity has forced the players in the automotive industry to provide internet connectivity in their offerings. The major focus of the service providers is on the functional requirements of telematics devices. As a result, the automotive industry has neglected many non-functional requirements of the system like data security.

Companies Mentioned

Agero, Airbiquity, Bosch,Continental, and Visteon

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global passenger vehicle telematics market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ billions)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by fitment
    • Segmentation by fitment
      • Table Fitment - Market share 2017-2022 (%)
    • Comparison by fitment
      • Table Comparison by fitment
    • Smartphone integration - Market size and forecast 2017-2022
      • Table Smartphone integration - Market size and forecast 2017-2022 ($ billions)
      • Table Smartphone integration - Year-over-year growth 2018-2022 (%)
    • Tethered - Market size and forecast 2017-2022
      • Table Tethered - Market size and forecast 2017-2022 ($ billions)
      • Table Tethered - Year-over-year growth 2018-2022 (%)
    • Embedded - Market size and forecast 2017-2022
      • Table Embedded - Market size and forecast 2017-2022 ($ billions)
      • Table Embedded - Year-over-year growth 2018-2022 (%)
    • Market opportunity by fitment
      • Table Market opportunity by fitment
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ billions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ billions)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ billions)
      • Table Americas - Year-over year-growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Government initiatives and features
    • Market challenges
      • Table Recent initiatives by governing bodies
      • Table Average process, technology, and organizational clock speed across industries (in months)
  • Market trends
    • Usage based insurance (UBI) to the customers by insurance companies
    • Shared data plans to reduce the number of data subscriptions per user
    • Reduced dependence on smartphones for applications
    • Development of next generation telematics protocol
      • Table NGTP infrastructure
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Other prominent vendors
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Agero
      • Table Vendor overview
      • Table Agero: Business segments
      • Table Agero: Organizational developments
      • Table Agero - Geographic focus
      • Table Agero: Segment focus
      • Table Agero: Key offerings
    • Airbiquity
      • Table Vendor overview
      • Table Airbiquity: Business segments
      • Table Airbiquity: Organizational developments
      • Table Airbiquity - Geographic focus
      • Table Airbiquity: Segment focus
      • Table Airbiquity: Key offerings
    • Bosch
      • Table Vendor overview
      • Table Bosch: Business segments
      • Table Bosch: Organizational developments
      • Table Bosch: Geographic focus
      • Table Bosch: Segment focus
      • Table Bosch: Key offerings
    • Continental
      • Table Vendor overview
      • Table Continental: Business segments
      • Table Continental: Organizational developments
      • Table Continental: Geographic focus
      • Table Continental: Segment focus
      • Table Continental: Key offerings
    • Visteon
      • Table Vendor overview
      • Table Visteon: Business segments
      • Table Visteon: Organizational developments
      • Table Visteon: Geographic focus
      • Table Visteon: Segment focus
      • Table Visteon: Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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