Global Automotive Telematics (Safety & Security, Information & Navigation, Entertainment and Remote Diagnostics) Market - Trends and Forecast to 2019

DUBLIN, Oct. 2, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Automotive Telematics Market by Services, by Type, Vehicle Type, and Region - Global Trends and Forecast to 2019" report to their offering.

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Telematics is an integration of wireless communications, location technology, and in-vehicle electronics and is used for vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-devices (V2D) communication.

Using this technology, the information is either generated in the vehicle's control unit and conveyed to back office systems, or alternatively, the back office systems display data such as road maps, weather forecasts, stock updates, and many more in the vehicle's control unit. Major components used in this technology are telematics control units (TCU), telematics network operations systems, and wireless communications infrastructure. The main stakeholders of telematics industry are the automotive sector, telematics service providers (TSPs), information technology, and the telecom sector including hardware manufacturers.

According to industry experts, many vehicles will continue to have various technological advancements such as integration of smartphones with the vehicle infotainment unit. This is attributed to the trend that embedded solutions will be more appealing and affordable in the near future. Even though the study projects that all these services will develop over the coming years, some of these services will grow at a faster rate than others, owing to the higher demand of these services. One of such high demand services is information and navigation, which is gaining importance with time. The demand for certain services is set to be driven by legislation such as the regulations for eCall services in the European region.

This report covers the global automotive telematics market. The report is broadly segmented by vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle). The market is further segmented by service (safety and security, information & navigation, entertainment, and remote diagnostics), by type (embedded, tethered, and integrated), by regions (Asia-Oceania, Europe, North America, and RoW) and focuses on key countries in each region.

The automotive telematics market in terms of value is projected to grow $45 Billion by 2019, at a healthy CAGR of 35.54% between 2014 and 2019.

Telematics is a communication technology that works on data transfer from one vehicle to another vehicle or device via wireless networks. Telematics technologies have the potential to convert vehicles from just a simple mode of transportation to moving information stations.

Additionally, this technology transforms the OEMs from mere producer of automobiles into data stations. The demand for connected vehicles is accelerated by functional developments such as collision warnings or remote maintenance that provide safety and comfort to the driver and passengers. Also, with the decreasing cost of operation between physical and virtual world, the vehicles are becoming data stations, which provides individuals and organization with an uninterrupted stream of timely information.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Technology Overview

7 Automotive Telematics Market, By Region

8 Automotive Telematics Market, By Service

9 Automotive Telematics Market, By Type

10 Automotive Telematics Market, By Vehicle Type

11 Competitive Landscape

12 Company Profiles

Companies Mentioned:

• Agero Inc
• Airbiquity Inc
• At&T, Inc.
• Continental Ag
• Delphi Automotive Plc
• Intel Corporation
• Magneti Marelli S.P.A
• Mix Telematics
• Robert Bosch Gmbh
• Verizon Communications Inc
• Visteon Corporation
• Wirelesscar

For more information visit http://www.researchandmarkets.com/research/7dc48c/automotive

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net