The global passenger vehicle telematics market is forecasted to grow at a CAGR of 23.57% during the period 2018-2022
NEW YORK, Jan. 31, 2018 /PRNewswire/ -- 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.
Read the full report: https://www.reportlinker.com/p05300838
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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05300838
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