New Report Projects on Vehicle Telematic Market Is Projected to Increase at CAGR of +14% by 2023 According to Research Analysts Profiling by Top Key Players

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Houston, TX — 04/26/2018 — The Global Vehicle Telematic Market to Grow steadily at a CAGR of +14% during the forecast period.

Recent innovations in automotive telematics have greatly pumped up their demand. Considering this, technological applications of telematics solutions in vehicles have completely transitioned over the years. Various factors are steering this paradigm shift. For instance, the present generation of automobile buyers give preference to value-added features in their vehicles besides driving. Infotainment has emerged as a basic requirement in vehicles to woo customers. Moreover, the demand for telematics features such as satellite navigation, automatic driving assistance systems, emergency warning, integrated hand-free calling facilities, the internet, and WiFi is surging.

The report on the Global Vehicle Telematic Market is a meticulous piece of work and is assembled by leading both primary as well as secondary research. The top segments in the market have been highlighted clearly in this report for the readers to understand in a précised manner. These segments have been presented by giving information on their current and predicted state by the end of the forecast period.

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Companies Profiled in this Report includes, TomTom International, Harman International, ORBCOMM, Topcon, MiX Telematics, Navman Wireless, Omnitracs, Wacker Neuson, Trackunit, Zonar Systems, among others.

The market is primarily driven by technological improvements aimed at enhancing the overall invehicle experience of passengers and also bringing about a greater degree of interaction within and among the vehicles. In addition, the market is also driven by strict safety norms, increased safety awareness, and affordability to adopt telematics systems. Telematics comprise electronic, electromechanical, and electromagnetic devices — usually silicon micro-machined components operating in conjunction with computer-controlled devices and radio transceivers to provide precision repeatability functions. The market is hindered by the high costs involved in installing the entire telematics infrastructure in the vehicle.

To evaluate the all-inclusive growth of the market, there was a stretched analysis of the market trends, development projections, past data, its worldwide demand, significant developments, challenges and market drivers.

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A competitive study of the global market for Vehicle Telematic has also been delivered in this intelligence study, in which the profiles of the prominent market players have been revised exhaustively to determine the market's hierarchy. As per the research study, the market is highly fragmented and competitive due to the presence of a number of contestants. This research study is aimed at presenting a clear picture of the global market to the readers in order to help them is gaining a better understanding of this market.

The topographical subdivision of the Global Vehicle Telematic Market can help provincial players determine their success rate in their regions. It can likewise afford globally noticeable players a key to their extension plans by generating focus around promising regions. The crucial regions focused on within the report incorporate North America, China, Europe, Japan, Korea, and Taiwan. For each key area, the report unveils significant information, for example, consumption proportions, income streams, production rates, market shares, and future expected patterns.

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Table of Contents

Global Vehicle Telematic Market Research Report 2018

Chapter 1 Global Vehicle Telematic Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast

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Jasmine Petters

Jasmine Petters

Jasmine hails from the city of Nizams, Hyderabad, and is currently pursuing her M.D. from there only. She is an internet wizard and has keen passion in All Things tech. She is a regular Comment contributor for The Daily Telescope and writes a Web column, in which she covers war, sports, and everything in between.
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