Automotive Telematics Market Positioned for Accelerated Growth

Automotive Telematics Market Overview and Insights:
IMR posted new studies guide on Automotive Telematics Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Automotive Telematics marketplace became specifically driven with the aid of the growing R&D spending internationally.

Some of the Top Leading Key Players: Act Soft, Airbiquity Inc, Airiq Inc, Astrata Group; At&T, Box Telematics, Calamp, Continental AG, Delphi Automotive Plc, Garmin Ltd, Harman International, Intel Corporation, LG Electronics, Magneti Marelli S.p.A, Masternaut Limited, Mix Telematics, Octo Telematics, Qualcomm Technologies Inc, Robert Bosch GmbH, Teletrac Navman The Descartes Systems Group Inc, Tomtom International BV, Trimble Inc, Verizon, Visteon Corporation and others major players.Regional Analysis of Automotive Telematics MarketNorth America is dominating the Automotive Telematics Market. Due to rising industrialization and a large number of commercial vehicles, the area leads the worldwide Market. The primary factors driving Market expansion in this area are increased safety and security concerns among drivers, passengers, and vehicles, as well as the avoidance of accidents. Furthermore, government laws that favor automobile telematics are fuelling industry expansion. For example, the US government recently secured a deal with Geotab to install fleet management telematics technology in 217,000 vehicles. Several insurance firms in North America are utilizing telematics technologies to reduce risk by tracking usage, security, and maintenanceEurope is the fastest-growing region in the Automotive Telematics Market. Because of the strict safety rules implemented by the government in this area, Europe is expected to see a reasonable rise in the Market.