Exclusive special offer and discount title banner vector image

NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

North America Automotive Telematics Market by End-user (Original Equipment Manufacturers, Aftermarket) Market by Vehicle (Passenger Cars, Commercial Vehicles, Two-wheeler) Market by Type (Embedded, Integrated Smartphones, Tethered) Market by Application (Fleet/asset Management, Navigation & Location-based System, Insurance Telematics, Safety & Security, Other Applications) by Geography


MARKET OVERVIEW

The North America automotive telematics market is anticipated to generate $103635.98 million by 2032, projecting a 12.25% CAGR during the forecast period, 2023-2032.

The growing demand for efficient fleet management and logistics optimization drives the automotive telematics market in North America. Telematics technology enables fleet managers to access real-time information on vehicle location, fuel usage, driver behavior, and maintenance requirements. There is an increasing need for smartphone-based connectivity services as automakers incorporate connectivity features to enhance sales. Customers expect their vehicles to offer functions similar to PCs and smartphones, leading automakers to prioritize connectivity solutions in their designs.

North America Automotive Telematics Market

To Know More About This Report, Request a Free Sample Copy

In North America, the rising awareness and adoption of electric vehicles (EVs) fuel the demand for telematics solutions tailored specifically for EVs. Telematics systems are crucial in managing and monitoring EV battery performance, optimizing charging infrastructure, and maximizing range. Integrating telematics in electric vehicles enhances the overall user experience and addresses concerns related to range anxiety.

The North America automotive telematics market growth evaluation analyzes Canada and the United States. The automotive telematics market in the United States is experiencing significant growth, driven by innovations that have increased the demand for telematics on a larger scale. Connected cars play a crucial role in this growth, offering more than just entertainment features. Cellular vehicle-to-X (C-V2X) technology connects vehicle sensors to driving data, including speed, location, traffic, and other vehicles, creating a comprehensive driving ecosystem.

Additionally, the country has a rising demand for fleet management solutions. The market size of the Fleet Telematics Systems industry has outpaced overall economic growth, fueled by increased accessibility of telematics systems through mobile devices such as smartphones and tablets. Luxury vehicles, particularly those equipped with advanced infotainment systems, are in high demand in the region, prompting automotive companies to drive further innovation.

The North America automotive telematics market segmentation analysis includes vehicle, type, application, and end-user. Market by application covers safety & security, navigation & location-based system, insurance telematics, fleet/asset management, infotainment system, and other applications.

Safety and security have always been key considerations in vehicle telematics, with technology playing a vital role in enhancing driving safety. Telematics systems provide valuable insights into driving habits, track potential risk events, enable seamless roadside assistance, offer automatic crash alerts, and streamline daily driving to minimize distractions.

While data centers often have robust security measures, they may not be adequately equipped to address the automotive industry’s unique security challenges. Telematics protocols used in fleets are typically proprietary and lack a standardized framework. As a result, fleets, especially larger ones, may rely on multiple telematics services, incorporating different protocols within the same network. This complexity highlights the need for robust security solutions to accommodate diverse telematics protocols and ensure fleet operations’ overall safety and security.

Some of the leading players in the North America automotive telematics market include Solera, Verizon Communications, etc.

Verizon operates in two main segments: Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The consumer segment focuses on providing wireless and wireline communication services and products. On the other hand, the Business segment offers a wide range of communication services and products, including data, video, conferencing, corporate networking solutions, security and managed network services, voice services, and network access. Verizon’s headquarters is located in New York, United States, and the company has a strong business presence across the Asia-Pacific, Europe, and the Americas regions.

One of Verizon’s notable products is Verizon Connect fleet management solutions. These solutions enable businesses to track vehicles in the field, streamline maintenance processes, increase worker productivity, and prioritize safe driving practices.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
End-User, Vehicle, Type, and Application
Countries AnalyzedThe United States and Canada
Companies AnalyzedAirbiquity Inc, AT&T Inc, Continental AG, Geotab Inc, HARMAN International, Inseego Corp, MiX Telematics, Robert Bosch GmbH, Samsara Inc, Solera Inc, Teletrac Navman US Ltd, Tom Tom NV, Trimble Inc, Verizon Communications Inc

 

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON AUTOMOTIVE TELEMATICS MARKET
    5. MAJOR MARKET FINDINGS
      1. REAL-TIME VEHICLE TRACKING ALLOWS ENHANCED FLEET MANAGEMENT
      2. TECHNOLOGICAL ADVANCEMENTS TO PRESENT NEW OPPORTUNITIES
      3. COMPETITIVE AND REGULATED NORTH AMERICA ENVIRONMENT FOR FLEET MANAGERS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. AUTOMOTIVE TELEMATICS IS BECOMING POPULAR AMONG FLEET OPERATORS
      2. NAVIGATION & LOGISTICS TOOLS OFFER ENHANCED SAFETY AND VEHICLE MANAGEMENT
    2. KEY RESTRAINTS
      1. POOR CONNECTIVITY INFRASTRUCTURE HINDERS SEAMLESS DATA TRANSMISSION
      2. DATA SECURITY AND PRIVACY CONCERNS
      3. SIGNIFICANT UPFRONT COSTS LIMIT THE WIDESPREAD ADOPTION OF TELEMATICS SOLUTIONS
  4. KEY ANALYTICS
    1. KEY TECHNOLOGY TRENDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR CANADA
    4. MARKET CONCENTRATION ANALYSIS
    5. KEY BUYING CRITERIA
      1. RELIABILITY
      2. FEATURES
      3. PRICE
  5. MARKET BY END-USER
    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. AFTERMARKET
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY VEHICLE
    1. PASSENGER CARS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. COMMERCIAL VEHICLES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. TWO-WHEELER
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY TYPE
    1. EMBEDDED
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. INTEGRATED SMARTPHONES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. TETHERED
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. MARKET BY APPLICATION
    1. FLEET/ASSET MANAGEMENT
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. NAVIGATION & LOCATION-BASED SYSTEM
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. INSURANCE TELEMATICS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. SAFETY & SECURITY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  9. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET DRIVERS
      3. NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET CHALLENGES
      4. NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET REGULATORY FRAMEWORK
      5. KEY PLAYERS OPERATING IN NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET
      6. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES AUTOMOTIVE TELEMATICS MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA AUTOMOTIVE TELEMATICS MARKET SIZE & OPPORTUNITIES
  10. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. AIRBIQUITY INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      2. AT&T INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      3. CONTINENTAL AG
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES 
      4. GEOTAB INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      5. HARMAN INTERNATIONAL
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      6. INSEEGO CORP
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      7. MIX TELEMATICS
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      8. ROBERT BOSCH GMBH
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      9. SAMSARA INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      10. SOLERA INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      11. TELETRAC NAVMAN US LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      12. TOM TOM NV
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      13. TRIMBLE INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES
      14. VERIZON COMMUNICATIONS INC
        1. COMPANY OVERVIEW
        2. PRODUCTS OVERVIEW
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – AUTOMOTIVE TELEMATICS

TABLE 2: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY END-USER, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 4: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY VEHICLE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY VEHICLE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 6: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 8: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 10: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 12: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET REGULATORY FRAMEWORK

TABLE 13: KEY PLAYERS OPERATING IN NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET

TABLE 14: LIST OF MERGERS & ACQUISITIONS

TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 17: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY TECHNOLOGY TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR CANADA

FIGURE 4: MARKET CONCENTRATION ANALYSIS

FIGURE 5: KEY BUYING CRITERIA

FIGURE 6: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022

FIGURE 7: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY ORIGINAL EQUIPMENT MANUFACTURERS (OEM), 2023-2032 (IN $ MILLION)

FIGURE 8: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY AFTERMARKET, 2023-2032 (IN $ MILLION)

FIGURE 9: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, GROWTH POTENTIAL, BY VEHICLE, IN 2022

FIGURE 10: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY PASSENGER CARS, 2023-2032 (IN $ MILLION)

FIGURE 11: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COMMERCIAL VEHICLES, 2023-2032 (IN $ MILLION)

FIGURE 12: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COMMERCIAL VEHICLES, 2023-2032 (IN $ MILLION)

FIGURE 13: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022

FIGURE 14: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY EMBEDDED, 2023-2032 (IN $ MILLION)

FIGURE 15: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INTEGRATED SMARTPHONES, 2023-2032 (IN $ MILLION)

FIGURE 16: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TETHERED, 2023-2032 (IN $ MILLION)

FIGURE 17: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 18: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY FLEET/ASSET MANAGEMENT, 2023-2032 (IN $ MILLION)

FIGURE 19: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY NAVIGATION & LOCATION-BASED SYSTEM, 2023-2032 (IN $ MILLION)

FIGURE 20: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INSURANCE TELEMATICS, 2023-2032 (IN $ MILLION)

FIGURE 21: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY SAFETY & SECURITY, 2023-2032 (IN $ MILLION)

FIGURE 22: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)

FIGURE 23: NORTH AMERICA AUTOMOTIVE TELEMATICS MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 24: UNITED STATES AUTOMOTIVE TELEMATICS MARKET, 2023-2032 (IN $ MILLION)

FIGURE 25: CANADA AUTOMOTIVE TELEMATICS MARKET, 2023-2032 (IN $ MILLION)

FAQ’s