Global Telematics Market (2014-2022)

Report Summary

Global Telematics Market 

Telematics technology is being increasingly used in the automotive segment for vehicle tracking and monitoring, infotainment and Usage Based Insurance (UBI). In the Healthcare sector, it is utilized to expedite diagnosis and augment treatment quality and processes. Similarly, the Government sector employs telematics technology for developing smarter cities and maintenance. The global Telematics market is expected to grow at a CAGR of 28.5% (2017-2022) leading to global revenue of USD 233.24 billion by 2022. 

The Automotive telematics segment is expected to grow as automakers and fleet managers adopt the technology to minimize fuel waste, and facilitate data management for the smooth functioning of fleets and connected cars. Almost, 80-85% of telematics solutions and devices that includes infotainment, solutions and aftermarket solutions (UBI) cater to the automotive industry. 

Healthcare telematics market, on the other hand, is expected to grow at a CAGR of 25.9% (2017-2022). Telematics usage in the individual (consumer) healthcare segment is expected to increase at a faster pace compared to the commercial segment. The market is also starting to witness growing demand for telemedicine applications used by health professionals for remote consultation and collaborative medical assistance.

Telematics revenue generated from the government segment is expected to witness a high growth. Government agencies need to monitor and eliminate unauthorized behavior and violation of driving rules through real-time vehicle tracking.  

Key growth factors

Increasing requirement to track vehicles on a real-time basis and observe drivers? behavior (monitoring health and temperament while driving), coupled with rising demand for onboard infotainment is leading to growing usage of telematics technology.
Additionally, the requirement of vehicle owners to avail tailor-made auto insurance premiums and that of insurers to accurately evaluate accidental damages and minimize fraud, through analysis of driving data, is contributing to the rising adoption of telematics-based insurance or UBI.

Threats and key players

Although the Telematics market is expected to have a positive growth globally, still, there is lack of awareness among individual car owners and resistance about the additional expenditure related to the installation of new devices in old cars or vehicles.  Many vehicle owners have concerns regarding their privacy and prefer not to let UBI companies track their daily movements.
Often, challenging economic conditions, low internet penetration and poor technology infrastructure in some regions play a major role in restricting telematics penetration. Case in point, most African countries which face various infrastructural and economic challenges. 

Some of the major players in the telematics market are OCTO Telematics, AirIQ, Mix Telematics, TomTom, Airbiquity Inc., Cisco, GE Healthcare, and Philips Healthcare.

What?s covered in the report?

1. Overview of the Global Telematics Market
2. Historical, current and forecasted market size data for Global Automotive Telematics market (Fleet telematics and connected car market), Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors
3. Historical, current and forecast regional (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) market size data for Global Automotive Telematics, Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors
4. Analysis of Stakeholders and Technology Ecosystem in telematics for different segments.
5. Qualitative analysis of the major drivers and challenges affecting the Global Telematics Market and Automotive Telematics, Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors
6. Analysis of the competitive landscape and profiles of major public and private players operating in the market, which include companies who provide vehicle tracking system, telematics device, GPS fleet tracking system
7. Key recent developments in the Automotive Telematics, Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors
8. Market Trends: Automotive Telematics, Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors

Why buy?

1. Get a broad understanding of the Global Automotive Telematics, Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors
2. Get Region-specific drivers and challenges affecting the Global Telematics Market and Automotive Telematics, Usage Based Insurance, Infotainment, Healthcare Telematics and Others sectors
3. Devise market-entry strategies by understanding the factors driving the growth of the market
4. Recognize major competitors' business and market dynamics, and respond accordingly
5. Get stakeholder and technology analysis, relevant company profiles and also start-up company profiles

Customizations Available
With the given market data, Research on Global Markets offers customizations according to specific needs. Write to us at support@researchonindia.com.

Table of content

Table of Contents
Chapter 1: Executive Summary 
1.1 Market Scope and Segmentation 
1.2 Key Questions Answered in This Study 
1.3 Executive Summary 

Chapter 2: Introduction: Market Overview 
2.1 Market Definition 
2.2 Global Market Trends 
2.3 Global Market Overview 

Chapter 3: Automotive Telematics 
3.1 Global Market Overview 
? Market Observations
? Market Trends
3.2 Regional Overview 
3.2.1 North America 
 3.2.1.1 Global Market Overview
? Market Observations
? Market Trends
 3.2.1.2 Market Influencing Parameters
? Growth Drivers
? Challenges
? Telematics penetration-Major Countries
? Key Solutions
3.2.2 Europe 
3.2.3 Asia Pacific 
3.2.4 Latin America 
3.2.5 Middle East & Africa (* Same topics covered for other regions) 

Chapter 4: Usage Based Insurance 
4.1 Global Market Overview 
? Market Observations
? Market Trends
4.2 Regional Overview 
4.2.1 North America 
 4.2.1.1 Global Market Overview
? Market Observations
? Market Trends
 4.2.1.2 Market Influencing Parameters
? Growth Drivers
? Challenges
? Telematics penetration-Major Countries
? Key Solutions
4.2.2 Europe 
4.2.3 Asia Pacific 
4.2.4 Latin America 
4.2.5 Middle East & Africa (* Same topics covered for other regions) 

Chapter 5: Infotainment 
5.1 Global Market Overview 
? Market Observations
? Market Trends
5.2 Regional Overview 
5.2.1 North America 
 5.2.1.1 Global Market Overview
? Market Observations
? Market Trends
 5.2.1.2 Market Influencing Parameters
? Growth Drivers
? Challenges
? Telematics penetration-Major Countries
? Key Solutions
5.2.2 Europe 
5.2.3 Asia Pacific 
5.2.4 Latin America 
5.2.5 Middle East & Africa (* Same topics covered for other regions) 

Chapter 6: Healthcare Telematics 
6.1 Global Market Overview 
? Market Observations
? Market Trends
6.2 Regional Overview 
5.2.1 North America 
 6.2.1.1 Global Market Overview
? Market Observations
? Market Trends
 6.2.1.2 Market Influencing Parameters
? Growth Drivers
? Challenges
? Telematics penetration-Major Countries
? Key Solutions
6.2.2 Europe 
6.2.3 Asia Pacific 
6.2.4 Latin America 
6.2.5 Middle East & Africa (* Same topics covered for other regions) 

Chapter 7: Others 
7.1 Global Market Overview 
? Market Observations
? Market Trends
7.2 Regional Overview 
7.2.1 North America 
 7.2.1.1 Global Market Overview
? Market Observations
? Market Trends
 7.2.1.2 Market Influencing Parameters
? Growth Drivers
? Challenges
? Telematics penetration-Major Countries
? Key Solutions
7.2.2 Europe 
7.2.3 Asia Pacific 
7.2.4 Latin America 
7.2.5 Middle East & Africa (* Same topics covered for other regions) 

Chapter 8: Stakeholders and Technology Analysis  
8.1 Automotive 
 8.1.1 Stakeholder Analysis
 8.1.2 Technological Infrastructure 
8.2 Usage Base Insurance 
 8.2.1 Stakeholder Analysis
 8.2.2 Technological Infrastructure 
8.3 Healthcare 
 8.3.1 Stakeholder Analysis
 8.3.2 Technological Infrastructure 

Chapter 9: Company Profiles 
 OCTO Telematics 
? Company Snapshot
? Products/Services
? Strategic Initiative & Growth Strategies
? Geographical Presence
? Management Team
? Key Numbers
? Competitors
 AirIQ 
 Mix Telematics 
 TomTom 
 Ctrack 
 Fleet Board 
 Masternaut 
 GeoTab 
 Wex Telematics 
 AT&T 
 Verizon 
 Toyota Motor Corporation 
 Apple Inc. 
 Google 
 Airbiquity Inc 
 Cisco 
 Allianz 
 AXA 
 GE Healthcare 
 Philips Healthcare (* Same topics covered for other companies)

Chapter 10: Start-up Company Profiles 
 OSEVEN Telematics 
? Company Snapshot
? Funding
? Products/Services
? Management Team
 Zubie 
 Driveway Software 
 InsureApp 
 Telematic.io 
 Lyft 
 CityMile 
 Motion-S 
 Telematik 
 Sentiance 
 BOX telematics 
 Sun Telematics 
 AgoraBee 
 The Floow 
 ekoio 
 Raxel telematics 
 Redtail Telematics Ltd 
 OneM2M 
 GeoSpock 
 Automile (* Same topics covered for other companies) 

Chapter 11: Conclusion
Appendix
List of Tables
Research Methodology
About Netscribes