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Passenger Vehicle Telematics Market Share
- Report ID: GMI5885
- Published Date: May 2023
- Report Format: PDF
Passenger Vehicle Telematics Market Share
Some of the major players operating in the passenger vehicle telematics industry include
- Agero Inc.
- AirlQ Inc.
- Aptiv
- Continental AG
These players focus on strategic partnerships and telematics offerings for market expansion. Furthermore, they are heavily investing in research, enabling them to introduce innovative technologies and garner maximum revenue in the market.
Frequently Asked Questions (FAQ) :
The market size of passenger vehicle telematics reached USD 24 billion in 2022 and will record 12% CAGR from 2023-2032 due to the surging need for emergency & roadside assistance, stolen vehicle tracking, and remote vehicle immobilization.
Embedded telematics type segment held over 50% of the industry share in 2022 owing to growing demand in GPS navigation, safety communications & emergency systems, and automatic driver assistance.
Passenger vehicle telematics industry size in North America is estimated to exceed USD 30 billion by 2032 driven by the rising security & safety concerns in the region.
Some of the leading passenger vehicle telematics business participants include Agero Inc., AirlQ Inc., Aptiv, and Continental AG.
Passenger Vehicle Telematics Market Scope
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