The IHS Markit Connected Car Service provides insight, context, data, and analytics for rapidly growing and evolving automotive connectivity both from a hardware and software perspective. Users can quickly access key insights from market developments, put context around events and technological trends, dive into deep data and forecasts, and seamlessly drive analytics to support their most challenging decisions.
Even though telematics was introduced to the automotive industry about two decades ago, growth is still expected for the next decade, whether owing to mandates or the desire from consumers to be connected while driving. Telematics systems based on wireless communications have become a vital link between customers and OEMs and will be increasingly important in all regions. Initially, telematics availability and its service features were limited. However, the rapid growth of the smartphone market has brought a significant impact on the telematics market. Telematics is fast becoming one of the essentials that OEMs need to offer in order to survive in an increasingly competitive market. All major OEMs have committed to the introduction of telematics in some shape or form by now. While some OEMs have deployed global telematics platforms, other OEMs have regional strategies for their telematics solutions and services.
There are several forces that will drive the telematics industry in the next decade, such as the increasing demand for seamless wireless connectivity by drivers and passengers, automakers’ need to wirelessly connect to digital car capabilities, governments’ need to reduce fatal accident rates, evolution of autonomous driving technology, and more.
Research scope & definitions
Research methodology
Key findings
Global telematics demand
Telematics demand by region
Market drivers
Telematics services provider overview
Technology overview
Top suppliers of telematics systems
OEM telematics evolution & landscape
Staying abreast of automotive sector/topic-specific developments, trends, and competitive activity can be time-consuming. With many sources available, it is often difficult to find critical and reliable market information that stakeholders of the automotive industry need. Conducting business analysis, product, or market strategy assessments without validated market data is risky.
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