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Showing posts with the label #Automotive_Telematics_Market

Automotive Telematics Market: Size, Share, Growth Drivers, Trends & Challenges

According to Goldstein Research global automotive telematics market report; about 28% of new car customers prioritize car connectivity features over other conventional car features such as engine power or fuel efficiency, and 13%in developed countries would not even buy a car that is not connected to the internet today. Global annual industry related revenues from telematics connectivity are expected to rise six-fold from about EUR 37 billion in 2016 to approximately more than USD 150 billion in 2024. Connected automobiles market share is also projected to grow from 28% in 2016 to more than 68% by 2025 of total vehicles across the globe. “Global Automotive Telematics Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders in the automotive telematics industry. The market study ...