The IHS Markit Connected Services & Hardware Report provides insight, context, data, and analytics for rapidly growing and evolving automotive connectivity both from a hardware and services 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.
This report explores the growth and importance of services based on telematics systems in the automotive industry. The technologies, trends, and forecasts for key telematics service segments are included in the report. It includes basic information and forecasts of the telematics hardware, as all the telematics services depend on the yearly telematics unit sales and telematics systems in use.
The research in this report is focused on the most important telematics service segments. The report defines telematics services and explores their trends. Their values to key industry segments are investigated to provide a basis for making telematics service segment forecasts. The telematics service forecasts are based on telematics systems sales by regions and select countries. The telematics system sales are based on IHS Markit light vehicle sales forecasts for August 2020 and included light vehicles up to 3.5 tons by gross vehicle weight (GVW). To determine the take-up rates, analysts regularly conduct primary and secondary research as well as refer to several internal IHS Markit data sets and externally published sources. Some forecasts are also dependent on vehicles in-use or vehicle parc, based on the August 2020 IHS Markit database.
The report is not focused on making company profiles of leading telematics service companies. Some company data are included when they are important to understand specific market segments, key technologies, or market trends.