Dutchy Ron schreef op 13 september 2016 22:58:
autotalk.co.nz/news/global-telematics...on September 13th, 2016
The global telematics market is expected to grow from an estimated US$26.3 billion in 2015, and reach US$140.1 billion by 2022 according to a study by P&S Market Research.
The growth of the global telematics market is being driven due to government initiatives to include advanced technology in public safety on roads, increasing demand for premium passenger cars and growing demand for connectivity in vehicles.
At the same time, the use of telematics has been constantly increasing in the insurance sector for tracking the driving conditions to calculate precise vehicle insurance premium.
North America has dominated the global market; however Asia-Pacific is now estimated to grow at the highest pace during the forecast period.
According to the report, “The high cost of telematics equipment and hacking threats are the key restraints in the global market. The poor internet infrastructure in the developing countries is also hindering the adoption of telematics.”
Gone are the days when telematics where integrated only on premium vehicles; now it’s either offered as standard feature on select vehicles, or as an option for the low-priced vehicles. In some cases it also enables patient’s health tracking while travelling.
The report notes that the key competitors in the global telematics market include; Verizon Communication, Harman International Industries, TomTom International, AT&T, Vodafone Group, Ford Motor Company, BMW Group, Telefonica SA, MiX Telematics, Eroad and Trimble Navigation