Abstract
Summary
Consumer telematics are communication technologies and services enabling transfer of large amounts of data in and out of passenger vehicles in real-time. This provides consumers in-vehicle services, global positioning System (GPS) navigation, traffic information, local search (for example, for petrol pumps / gas stations or restaurants) and concierge services.
LPI (LP Information)' newest research report, the “Consumer Telematics Industry Forecast” looks at past sales and reviews total world Consumer Telematics sales in 2022, providing a comprehensive analysis by region and market sector of projected Consumer Telematics sales for 2023 through 2029. With Consumer Telematics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Consumer Telematics industry.
This Insight Report provides a comprehensive analysis of the global Consumer Telematics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Consumer Telematics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Consumer Telematics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Consumer Telematics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Consumer Telematics.
The global Consumer Telematics market size is projected to grow from US$ 16410 million in 2022 to US$ 58150 million in 2029; it is expected to grow at a CAGR of 19.8% from 2023 to 2029.
Passenger cars manufactured today offer unique connectivity solutions for better monitoring and tracking. The market is driven by amplified market penetration of smart phones, supportive governmental regulations which call for higher safety and security measures, growing demand for superior driving experience, lowered connectivity cost, and high speed internet technologies such as Long-Term Evolution (LTE).
Consumer telematics includes passenger cars. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. Based on type of telematics, the market is segmented into Automotive Original Equipment Manufacturers (OEM) and Aftermarket. The traditional automotive OEM emphases on traffic safety while aftermarket highlights media, entertainment and other personalized services.
This report presents a comprehensive overview, market shares, and growth opportunities of Consumer Telematics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Solutions
Service
Segmentation by application
Car(Owned and Rental Based)
Insurance
Healthcare
Media & Entertainment
Vehicle manufacturers/dealers
Government agencies
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Verizon
Harman
TomTom
AT&T
Vodafone Group PLC
Ford Motors Co.
BMW
Telefonica
MiX Telematics
Trimble Navigation Limited
LPI (LP Information)' newest research report, the “Consumer Telematics Industry Forecast” looks at past sales and reviews total world Consumer Telematics sales in 2022, providing a comprehensive analysis by region and market sector of projected Consumer Telematics sales for 2023 through 2029. With Consumer Telematics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Consumer Telematics industry.
This Insight Report provides a comprehensive analysis of the global Consumer Telematics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Consumer Telematics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Consumer Telematics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Consumer Telematics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Consumer Telematics.
The global Consumer Telematics market size is projected to grow from US$ 16410 million in 2022 to US$ 58150 million in 2029; it is expected to grow at a CAGR of 19.8% from 2023 to 2029.
Passenger cars manufactured today offer unique connectivity solutions for better monitoring and tracking. The market is driven by amplified market penetration of smart phones, supportive governmental regulations which call for higher safety and security measures, growing demand for superior driving experience, lowered connectivity cost, and high speed internet technologies such as Long-Term Evolution (LTE).
Consumer telematics includes passenger cars. Technology agreements and collaborations are the key strategies adopted by the market players to enhance their market share. Based on type of telematics, the market is segmented into Automotive Original Equipment Manufacturers (OEM) and Aftermarket. The traditional automotive OEM emphases on traffic safety while aftermarket highlights media, entertainment and other personalized services.
This report presents a comprehensive overview, market shares, and growth opportunities of Consumer Telematics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Solutions
Service
Segmentation by application
Car(Owned and Rental Based)
Insurance
Healthcare
Media & Entertainment
Vehicle manufacturers/dealers
Government agencies
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Verizon
Harman
TomTom
AT&T
Vodafone Group PLC
Ford Motors Co.
BMW
Telefonica
MiX Telematics
Trimble Navigation Limited
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Consumer Telematics Market Size 2018-2029
2.1.2 Consumer Telematics Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Consumer Telematics Segment by Type
2.2.1 Solutions
2.2.2 Service
2.3 Consumer Telematics Market Size by Type
2.3.1 Consumer Telematics Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Consumer Telematics Market Size Market Share by Type (2018-2023)
2.4 Consumer Telematics Segment by Application
2.4.1 Car(Owned and Rental Based)
2.4.2 Insurance
2.4.3 Healthcare
2.4.4 Media & Entertainment
2.4.5 Vehicle manufacturers/dealers
2.4.6 Government agencies
2.5 Consumer Telematics Market Size by Application
2.5.1 Consumer Telematics Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Consumer Telematics Market Size Market Share by Application (2018-2023)
3 Consumer Telematics Market Size by Player
3.1 Consumer Telematics Market Size Market Share by Players
3.1.1 Global Consumer Telematics Revenue by Players (2018-2023)
3.1.2 Global Consumer Telematics Revenue Market Share by Players (2018-2023)
3.2 Global Consumer Telematics Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Consumer Telematics by Regions
4.1 Consumer Telematics Market Size by Regions (2018-2023)
4.2 Americas Consumer Telematics Market Size Growth (2018-2023)
4.3 APAC Consumer Telematics Market Size Growth (2018-2023)
4.4 Europe Consumer Telematics Market Size Growth (2018-2023)
4.5 Middle East & Africa Consumer Telematics Market Size Growth (2018-2023)
5 Americas
5.1 Americas Consumer Telematics Market Size by Country (2018-2023)
5.2 Americas Consumer Telematics Market Size by Type (2018-2023)
5.3 Americas Consumer Telematics Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Consumer Telematics Market Size by Region (2018-2023)
6.2 APAC Consumer Telematics Market Size by Type (2018-2023)
6.3 APAC Consumer Telematics Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Consumer Telematics by Country (2018-2023)
7.2 Europe Consumer Telematics Market Size by Type (2018-2023)
7.3 Europe Consumer Telematics Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Consumer Telematics by Region (2018-2023)
8.2 Middle East & Africa Consumer Telematics Market Size by Type (2018-2023)
8.3 Middle East & Africa Consumer Telematics Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Consumer Telematics Market Forecast
10.1 Global Consumer Telematics Forecast by Regions (2024-2029)
10.1.1 Global Consumer Telematics Forecast by Regions (2024-2029)
10.1.2 Americas Consumer Telematics Forecast
10.1.3 APAC Consumer Telematics Forecast
10.1.4 Europe Consumer Telematics Forecast
10.1.5 Middle East & Africa Consumer Telematics Forecast
10.2 Americas Consumer Telematics Forecast by Country (2024-2029)
10.2.1 United States Consumer Telematics Market Forecast
10.2.2 Canada Consumer Telematics Market Forecast
10.2.3 Mexico Consumer Telematics Market Forecast
10.2.4 Brazil Consumer Telematics Market Forecast
10.3 APAC Consumer Telematics Forecast by Region (2024-2029)
10.3.1 China Consumer Telematics Market Forecast
10.3.2 Japan Consumer Telematics Market Forecast
10.3.3 Korea Consumer Telematics Market Forecast
10.3.4 Southeast Asia Consumer Telematics Market Forecast
10.3.5 India Consumer Telematics Market Forecast
10.3.6 Australia Consumer Telematics Market Forecast
10.4 Europe Consumer Telematics Forecast by Country (2024-2029)
10.4.1 Germany Consumer Telematics Market Forecast
10.4.2 France Consumer Telematics Market Forecast
10.4.3 UK Consumer Telematics Market Forecast
10.4.4 Italy Consumer Telematics Market Forecast
10.4.5 Russia Consumer Telematics Market Forecast
10.5 Middle East & Africa Consumer Telematics Forecast by Region (2024-2029)
10.5.1 Egypt Consumer Telematics Market Forecast
10.5.2 South Africa Consumer Telematics Market Forecast
10.5.3 Israel Consumer Telematics Market Forecast
10.5.4 Turkey Consumer Telematics Market Forecast
10.5.5 GCC Countries Consumer Telematics Market Forecast
10.6 Global Consumer Telematics Forecast by Type (2024-2029)
10.7 Global Consumer Telematics Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Verizon
11.1.1 Verizon Company Information
11.1.2 Verizon Consumer Telematics Product Offered
11.1.3 Verizon Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Verizon Main Business Overview
11.1.5 Verizon Latest Developments
11.2 Harman
11.2.1 Harman Company Information
11.2.2 Harman Consumer Telematics Product Offered
11.2.3 Harman Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Harman Main Business Overview
11.2.5 Harman Latest Developments
11.3 TomTom
11.3.1 TomTom Company Information
11.3.2 TomTom Consumer Telematics Product Offered
11.3.3 TomTom Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 TomTom Main Business Overview
11.3.5 TomTom Latest Developments
11.4 AT&T
11.4.1 AT&T Company Information
11.4.2 AT&T Consumer Telematics Product Offered
11.4.3 AT&T Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 AT&T Main Business Overview
11.4.5 AT&T Latest Developments
11.5 Vodafone Group PLC
11.5.1 Vodafone Group PLC Company Information
11.5.2 Vodafone Group PLC Consumer Telematics Product Offered
11.5.3 Vodafone Group PLC Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Vodafone Group PLC Main Business Overview
11.5.5 Vodafone Group PLC Latest Developments
11.6 Ford Motors Co.
11.6.1 Ford Motors Co. Company Information
11.6.2 Ford Motors Co. Consumer Telematics Product Offered
11.6.3 Ford Motors Co. Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Ford Motors Co. Main Business Overview
11.6.5 Ford Motors Co. Latest Developments
11.7 BMW
11.7.1 BMW Company Information
11.7.2 BMW Consumer Telematics Product Offered
11.7.3 BMW Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 BMW Main Business Overview
11.7.5 BMW Latest Developments
11.8 Telefonica
11.8.1 Telefonica Company Information
11.8.2 Telefonica Consumer Telematics Product Offered
11.8.3 Telefonica Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Telefonica Main Business Overview
11.8.5 Telefonica Latest Developments
11.9 MiX Telematics
11.9.1 MiX Telematics Company Information
11.9.2 MiX Telematics Consumer Telematics Product Offered
11.9.3 MiX Telematics Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 MiX Telematics Main Business Overview
11.9.5 MiX Telematics Latest Developments
11.10 Trimble Navigation Limited
11.10.1 Trimble Navigation Limited Company Information
11.10.2 Trimble Navigation Limited Consumer Telematics Product Offered
11.10.3 Trimble Navigation Limited Consumer Telematics Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 Trimble Navigation Limited Main Business Overview
11.10.5 Trimble Navigation Limited Latest Developments
12 Research Findings and Conclusion