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Global Consumer Telematics Market 2016, Analysis, Research, Share, Growth, Sales, Trends, Supply, Forecast to 2021

PressReleasePing - December 15, 2016 -This provides consumers in-vehicle services, global positioning System (GPS) navigation, traffic information, local search (for example, for petrol pumps / gas stations or restaurants) and concierge services. Passenger cars manufactured today offer unique connectivity solutions for better monitoring and tracking. Check complete report @ The market is driven by amplified market penetration of smart phones, supportive governmental regulations which call for higher safety and security measures, growing demand for superior driving experience, lowered connectivity cost, and high speed internet technologies such as Long-Term Evolution (LTE).The Global Consumer Telematics market, is expected to grow during the forecast period, i.e. 2014-2020, with a CAGR of 33.7%. Consumer telematics includes passenger cars. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. Based on type of telematics, the market is segmented into Automotive Original Equipment Manufacturers (OEM) and Aftermarket. The traditional automotive OEM emphases on traffic safety while aftermarket highlights media, entertainment and other personalized services.Currently, Aftermarket has a relatively high market share as compared to Automotive OEM. Vehicle manufacturing companies, in alliance with telematics providers can lead to high growth of Automotive OEM segment.Based on Applications, consumer telematics market is segmented into Solutions and Services. Solutions include fleet/asset management, Infotainment, Tele health, Insurance Telematics, Vehicle-to-Vehicle (V2V)/ Vehicle to Infrastructure (V2I), remote alarm, etc. Services include design & consulting, deployment & integration and maintenance & training.Further, consumer telematics market is segmented, based on End User i.e. Car (owned and rental based), Healthcare, Insurance, Media & entertainment, Vehicle manufacturers/dealers, Government agencies, etc. Geographically, the market is segmented into, North America, Europe, Asia Pacific and LAMEA. In the years to come, Asia-Pacific is expected to grow as a prominent automobile market in future, which would fuel the market for consumer telematics in the region. The increase in sales is largely driven by the increasing population and rising disposal income. LAMEA is forecasted to grow at a good pace, because of increasing government regulations for vehicle as well as driver safety & security.KEY BENEFITSCurrent and future trends adopted by the key market players are highlighted to determine overall competitiveness of the market Porters Five Forces analysis and SWOT analysis of the key market players are provided to illustrate the business strategies adopted by buyers and suppliersThe technology-effective drivers and opportunities are highlighted to describe the top factors responsible for the market growthVarious operating segments of the consumer telematics market are carefully analyzed to measure the potential of the emerging marketThe quantitative analysis of the market through 2013-2020 is provided to elaborate the market potential MARKET SEGMENTATIONThe market is segmented on the basis of type, application, end-user and geography.MARKET BY TYPEAUTOMOTIVE OEM SERVICESEmbeddedHybridAFTER MARKETEmbeddedPortableMARKET BY APPLICATIONSOLUTIONSFleet/Asset ManagementNavigation and location basedInfotainmentInsurance TelematicsV2v and V2iTele-healthRemote Alarm & MonitoringSERVICESDesign & ConsultingIntegration & DeploymentMaintenance & TrainingMARKET BY END USERCar(owned and rental based)InsuranceHealthcareMedia & EntertainmentVehicle manufacturers/dealersGovernment agenciesMARKET BY GEOGRAPHYNorth AmericaEuropeAsia PacificLAMEAKEY PLAYERSVerizonHarmanTomTomAT&TVodafone Group PLCFord Motors Co.BMWTelefonicaMiX TelematicsTrimble Navigation Limited Order a copy of Report @ About us: MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers. A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports. MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients. MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies. Contact us: Mayur S. 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