Vehicle Telematics Market
                     Vehicle Telematics 
Market To Reach USD 
129.2 Billion By 2027
Market 
SuAmccomrdiangr tyo the current analysis of Reports and Data, the global Vehicle Telematics market was 
valued at USD 43.61 Billion in 2019 and is expected to reach USD 129.2 Billion by the year 2027, 
at a CAGR of 15.1%. Vehicle telematics systems, composed of telecommunication and 
informatics, provide crucial information for drivers, such as information about live traffic status 
and weather forecast. Essentially, it is the automotive monitoring system that empowers drivers 
to stay updated with real-time performance and safety of the vehicle. Information collected by 
the telematics system is beneficial in critical circumstances, for instance, to communicate 
instantaneously with the police or respective authorities for prompt actions in case of an 
accident. TOm The safety and security services of automotive telematics comprise the automatic 
crash notification, emergency, and medical assistance, which is anticipated to stimulate market 
growth in the forecast period. As a component of the automated crash notification service the 
telematics control unit (TCU) monitors several crash sensors of the automotive and in the 
occurrence of a crash it directs the details of the vehicular location and crashes intensity as well 
as sends a voice call to the call center so that emergency facilities are dispatched to the accident 
spot.
Read More : https://www.reportsanddata.com/report-detail/vehicle-telematics-market
Market 
Summary
Key participants include Robert Bosch GmbH (Germany), Continental AG (Germany), Trimble 
(U.S.), MiX Telematics (South Africa), OnStar Corporation, (U.S.), Minda Corporation Ltd. (India), 
AirIQ Inc (Canada), Agero Inc., (U.S.), Qualcomm Inc., (U.S.), and ETAS Group (Germany). 
Technology and Solution (Revenue, USD Million; 2017–2027)
Fleet Tracking and Management, Navigation and Location-Based System, Driver Management, 
Insurance Telematics, Safety & Compliance, V2X Solutions, Others
Provider Type (Revenue, USD Million; 2017–2027)
Aftermarket, OEM
Vehicle Type (Revenue, USD Million; 2017–2027)
Passenger Vehicles, Commercial Vehicle
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