The Europe Consumer Vehicle Telematics Market Size would witness market growth of 29.0% CAGR during the forecast period (2018 – 2024).
Consumer telematics are the technology and services of communication that allow the transmission of large amounts of data to and from passenger cars in real time. Telematics is revolutionizing the way vehicles are operated by fleet managers. The telematics technology improves the safety and efficiency of commercial transport, whether one manages a fleet of cars, pickup trucks, vans, box trucks or tractor trailers. Fleet management services are looking for a lucrative market that awaits the adoption of IoT technologies. Through the collection of GPS tracking and telematics information, providers can offer cloud-based management services accessible through desktop or mobile devices across the globe. Solutions segment has dominated the market during the forecast period.
Based on Application, the market is segmented into Solution and Services. Solutions are further segmented into Fleet / Asset Management, Navigation, Infotainment, Insurance, Tele-Health, and Others. Services are further bifurcated into Design & Consulting, Deployment and Maintenance. Based on Deployment type, the market is segmented into Aftermarket and OEM (Original Equipment Manufacturers). Based on End User, the market is segmented into Cars (Personal & Rental), Insurance, Healthcare, Media & Entertainment, Vehicle Manufacturers/Dealers, and Government Agencies. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Verizon communications, AT&T Inc., Ford Motor Company, BMW AG, Robert Bosch GmbH, Valeo S.A, Harman International industries, Vodafone Group Plc., Telefonica S.A, and Continental AG.
Scope of the Study
Market Segmentation:
By Application
By Deployment Type
By End User
By Country
Companies Profiled
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