Global automotive embedded telematics market report

Research and Markets latest report, Global Automotive Embedded Telematics Market Report, forecasts the global automotive embedded telematics market to grow at a CAGR of 35.81 per cent over the period 2012-2016. The increasing global demand for telematics is one of the key factors contributing to the growth of this market. T he global automotive embedded telematics market has also been witnessing a decrease in the average price of original equipment manufacturers’ automotive embedded telematics equipment.
April 24, 2014 Read time: 2 mins
7527 Research and Markets latest report, Global Automotive Embedded telematics Market Report, forecasts the global automotive embedded telematics market to grow at a CAGR of 35.81 per cent over the period 2012-2016.
The increasing global demand for telematics is one of the key factors contributing to the growth of this market. The global automotive embedded telematics market has also been witnessing a decrease in the average price of original equipment manufacturers’ automotive embedded telematics equipment. However, the high cost of automotive embedded telematics could pose a challenge to the growth of this market.

The report has been prepared based on an in-depth market analysis with inputs from industry experts and covers the market in the US, Europe, BRIC, and the rest of the world; it also covers the global automotive embedded telematics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Increasing usage of cloud-based telematics is another trend that is expected to influence the global automotive embedded telematics market positively during the forecast period. With the advent of cloud computing technology that offers huge space for data storage, easy access, and security, embedded cloud computing is evolving in automotive telematics.

Providing updated data for navigation systems is becoming a problem; therefore, vendors are moving toward cloud-based telematics such as goggle maps to stay updated. With easy integration and efficient scalability of automotive embedded telematics with cloud computing technology, there is a trend of shifting toward cloud-based telematics.

According to the report, one of the main drivers in this market is the growth of the global telematics market. Rise in the need for connectivity across the globe has a direct positive influence on the demand for automotive advanced systems, thus resulting in an increasing demand for automotive embedded telematics.

Further, the report states that one of the main challenges in this market is the high cost of automotive embedded telematics, which increases the overall cost of automobiles and negatively impacts the global automotive embedded telematics market.
Location Based Systems

Related Content

  • June 4, 2015
    Connected cars ‘to represent 20% of the global car market by 2019’
    Hi-tech analysts Juniper Research are forecasting that the telematics sector will continue to outperform all other M2M markets over the next five years, in revenue terms, with one in five passenger vehicles connected globally by 2019. Smartphone-based models have become the key disruptor for M2M, as healthcare, consumer electronics and retail continue to evolve. Juniper Research forecasts that the M2M sector will generate service revenues of over $40 billion globally by 2019 - doubling the size of today'
    Read More
  • February 1, 2012
    Advanced in-vehicle user interface - future developments
    Dave McNamara and Craig Simonds, Autotechinsider LLC, look at human-machine interface development out to 2015. The US auto industry is going through the worst crisis it has faced since the Great Depression. But it has embraced technologies that will produce the best-possible driving experience for the public. Ford was the first OEM to announce in-car internet radio and SYNC, its signature-branded User Interface (UI), is held up as the shining example of change embracement.
    Read More
  • April 30, 2020
    Intelligent powertrains could make cost cuts
    Intelligent vehicle powertrains could be a way of making substantial cuts in operating costs and emissions. David Crawford looks at some far-reaching initiatives in Europe and North America
    Read More
  • February 29, 2016
    Will driverless cars increase reliance on roads?
    Researchers warn that driverless vehicles could intensify car use, reducing or even eliminating promised energy savings and environmental benefits. Development of autonomous driving systems has accelerated rapidly since the unveiling of Google’s driverless car in 2012, and energy efficiency due to improved traffic flow has been touted as one of the technology’s key advantages. However, new research by scientists from the University of Leeds, University of Washington and Oak Ridge National Laboratory,
    Read More

Highlighted Content