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  According to the report, the  automotive telematics market  is projected to reach a value of ~ US$ 99 Bn  by 2027, expanding at a CAGR of  ~17%  during the forecast period. The automotive telematics market is likely to be driven by the rise in preference for security and safety features in vehicles.  For instance, automotive telematics is gaining popularity and is largely being demanded by consumers in the Western hemisphere. Automotive telematics helps optimize the efficiency of the vehicle and improvises the traffic flow in a specific region. It helps smoothen the management of vehicle fleet and hence, high rate of adoption among vehicle fleet owners and expansion of rental services are boosting the market for automotive telematics. Download Sample Report:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3167 Expansion of Automotive Telematics Market Market for automotive telematics is expanding significantly acr...

In automotive technology, satellite-based positioning technologies are used to connect telematics solutions via wireless connectivity that enables audio or visual data and drivers to various in-vehicle telematics applications. The automotive telematics market has witnessed a significant growth over the years, owing to increase in trend of connectivity solutions worldwide. A telematics system offers multiple features such as driver's emergencies such as roadside assistance, airbag, navigation, vehicle security notification, stolen vehicle tracking services, and others. Hardware in telematics control unit consists of infamous "black box" module that integrates a phone, GPS receiver, digital signal processor and microphone for voice recognition. It also gathers diagnostic information from sensors. Major Key Players of the Automotive Telematics Market are: Masternaut Limited, TomTom Telematics B.V, Trimble Inc.,Omnitracs ,VERIZON, I.D.Systems, Inc., Airbiquity Inc.,Harman Int...