Market by End-user, Vehicle, Type, Application, and Country Outlook | Forecast 2023-2030
According to Triton’s research report, the automotive telematics market in Latin America is projected to advance at a compound annual growth rate of 15.29% during the forecasted period 2023-2030.
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The
countries considered in the region are:
•       Â
Brazil
•       Â
Mexico
•       Â
Rest of Latin America
Mexico
secures the highest shares in Latin America. Given the regional growth, the demand for
telematics solutions stems mainly from the need for vehicle security. Moreover,
a growing demand for support in an emergency situation, such as stolen vehicles
or accidents, has increased the need for these solutions. Several fleets are
using basic management tools, which restrict their ability to monitor and
improve fleet performance. Hence, all these factors create several
opportunities for the automotive telematics market.
In Mexico, there is a growing demand for
telematics solutions by fleet operators, coupled with the expanding automotive
industry. Also, consumers are opting for vehicles with higher safety and
maintenance. In this regard, telematics solutions have emerged as an ideal
alternative to traditional systems.
Furthermore, several players have expanded their
offerings in recent years, including introducing insurance telematics. For
instance, Swiss Re collaborated with InsurTech Jooycar to enhance vehicle
insurance telematics. Such developments are thus expected to drive the
automotive telematics market.
Fleet telematics helps gather a wide range of
data using GPS, sensors, and engine diagnostics. This enables fleet operators
to gain live vehicle visibility, speed, and movement. Besides, sensors capture
data on driver activity, including aggressive acceleration, hard braking, and
others, enabling overall fleet management in real time.
The
market segmentation includes application, vehicle, end-user, and type.Â
The
key companies listed in the market report consist of Continental AG, Inseego
Corp, AT&T Inc, Geotab Inc, and Airbiquity Inc.
Continental AG is a manufacturer and supplier of
automotive parts. Its product line includes tires, brake systems, vehicle
electronics, powertrain products, actuators, and interior products. The company
also provides infotainment telematics, air spring systems, sensor technology,
etc. It conducts business with suppliers and assemblers across multiple
regions, including Latin America.
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Key deliverables of the report:
â—ŹÂ Â Â Â Â Market CAGR during the forecasting years 2023-2030
â—ŹÂ Â Â Â Â Detailed data highlighting key insights, industry components, and market strategies
â—ŹÂ Â Â Â Â Comprehensive information and estimation of the automotive telematics market revenue growth in Latin America and its influence on the parent market
â—ŹÂ Â Â Â Â In-depth study of forthcoming trends in consumer behavioral patterns
●     A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
â—ŹÂ Â Â Â Â
A wide-ranging study of factors that will challenge the LA
automotive telematics market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.Â
1. LATIN
AMERICA AUTOMOTIVE TELEMATICS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. TECHNOLOGY
SNAPSHOT
2.2. IMPACT
ANALYSIS ON THE AUTOMOTIVE TELEMATICS MARKET
2.2.1. COVID-19
IMPACT ON THE AUTOMOTIVE TELEMATICS MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
MATURITY ANALYSIS
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. RELIABILITY
2.5.2. PRICE
2.5.3. FEATURES
2.6. KEY
MARKET STRATEGIES
2.6.1. COLLABORATIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. MERGERS
& ACQUISITIONS
2.6.4. BUSINESS
DIVESTITURES & EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. GROWING
DEMAND BY FLEET OPERATORS
2.7.2. IMPROVED
SAFETY AND VEHICLE MAINTENANCE
2.8. MARKET
CHALLENGES
2.8.1. LACK
OF CONNECTIVITY INFRASTRUCTURE
2.8.2. RISK
OF DATA BREACH
2.8.3. RELATIVELY
EXPENSIVE SOLUTION
2.9. MARKET
OPPORTUNITIES
2.9.1. GROWING
ADVANCEMENTS IN AUTOMOTIVE TECHNOLOGIES
2.9.2. RISING
ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS) IN AUTOMOTIVES
2.9.3. GROWTH
IN INTELLIGENCE TRANSPORTATION SYSTEMS
2.10. ANALYST
PERSPECTIVE
3. LATIN
AMERICA AUTOMOTIVE TELEMATICS MARKET - BY END-USER
3.1. ORIGINAL
EQUIPMENT MANUFACTURERS (OEM)
3.2. AFTERMARKET
4. LATIN
AMERICA AUTOMOTIVE TELEMATICS MARKET - BY VEHICLE
4.1. PASSENGER
CARS
4.2. COMMERCIAL
VEHICLES
4.3. TWO-WHEELER
5. LATIN
AMERICA AUTOMOTIVE TELEMATICS MARKET - BY TYPE
5.1. EMBEDDED
5.2. INTEGRATED
SMARTPHONES
5.3. TETHERED
6. LATIN
AMERICA AUTOMOTIVE TELEMATICS MARKET - BY APPLICATION
6.1. FLEET/ASSET
MANAGEMENT
6.2. NAVIGATION
& LOCATION-BASED SYSTEM
6.3. INFOTAINMENT
SYSTEM
6.4. INSURANCE
TELEMATICS
6.5. SAFETY
& SECURITY
6.6. OTHER
APPLICATIONS
7. LATIN
AMERICA AUTOMOTIVE TELEMATICS MARKET – BY COUNTRY OUTLOOK
7.1.1. MARKET
BY END-USER
7.1.2. MARKET
BY VEHICLE
7.1.3. MARKET
BY TYPE
7.1.4. MARKET
BY APPLICATION
7.1.5. COUNTRY
ANALYSIS
7.1.5.1. BRAZIL
7.1.5.1.1. BRAZIL
AUTOMOTIVE TELEMATICS MARKET FORECAST & PROSPECTS
7.1.5.2. MEXICO
7.1.5.2.1. MEXICO
AUTOMOTIVE TELEMATICS MARKET FORECAST & PROSPECTS
7.1.5.3. REST
OF LATIN AMERICA
7.1.5.3.1. REST
OF LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1. TOMTOM
NV
8.1.1. OVERVIEW
8.1.2. PRODUCT
PORTFOLIO
8.1.3. KEY
STRENGTHS
8.1.4. KEY
CHALLENGES
8.2. ROBERT
BOSCH GMBH
8.2.1. OVERVIEW
8.2.2. PRODUCT
PORTFOLIO
8.2.3. KEY
STRENGTHS
8.2.4. KEY
CHALLENGES
8.3. VERIZON
COMMUNICATIONS INC
8.3.1. OVERVIEW
8.3.2. PRODUCT
PORTFOLIO
8.3.3. KEY
STRENGTHS
8.3.4. KEY
CHALLENGES
8.4. CONTINENTAL
AG
8.4.1. OVERVIEW
8.4.2. PRODUCT
PORTFOLIO
8.4.3. KEY
STRENGTHS
8.4.4. KEY
CHALLENGES
8.5. GEOTAB
INC
8.5.1. OVERVIEW
8.5.2. PRODUCT
PORTFOLIO
8.5.3. KEY
STRENGTHS
8.5.4. KEY
CHALLENGES
8.6. INSEEGO
CORP
8.6.1. OVERVIEW
8.6.2. PRODUCT
PORTFOLIO
8.6.3. KEY
STRENGTHS
8.6.4. KEY
CHALLENGES
8.7. AIRBIQUITY
INC
8.7.1. OVERVIEW
8.7.2. PRODUCT
PORTFOLIO
8.7.3. KEY
STRENGTHS
8.7.4. KEY
CHALLENGES
8.8. AT&T
INC
8.8.1. OVERVIEW
8.8.2. PRODUCT
PORTFOLIO
8.8.3. KEY
STRENGTH
8.8.4. KEY
CHALLENGE
8.9. HARMAN
INTERNATIONAL
8.9.1. OVERVIEW
8.9.2. PRODUCT
PORTFOLIO
8.9.3. KEY
STRENGTHS
8.9.4. KEY
CHALLENGES
8.10. TELETRAC
NAVMAN US LTD
8.10.1. OVERVIEW
8.10.2. PRODUCT
PORTFOLIO
8.10.3. KEY
STRENGTHS
8.10.4. KEY
CHALLENGES
8.11. MIX
TELEMATICS
8.11.1. OVERVIEW
8.11.2. PRODUCT
PORTFOLIO
8.11.3. KEY
STRENGTH
8.11.4. KEY
CHALLENGE
8.12. SAMSARA
INC
8.12.1. OVERVIEW
8.12.2. PRODUCT
PORTFOLIO
8.12.3. KEY
STRENGTH
8.12.4. KEY
CHALLENGE
8.13. TRIMBLE
INC
8.13.1. OVERVIEW
8.13.2. PRODUCT
PORTFOLIO
8.13.3. KEY
STRENGTH
8.13.4. KEY
CHALLENGE
8.14. SOLERA
INC
8.14.1. OVERVIEW
8.14.2. PRODUCT
PORTFOLIO
8.14.3. KEY
STRENGTH
8.14.4. KEY
CHALLENGE
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY OUTLOOK,
2023-2030 (IN $ MILLION)
TABLE 2: LIST OF COLLABORATIONS
TABLE 3: LIST OF PRODUCT LAUNCHES
TABLE 4: LIST OF MERGERS & ACQUISITIONS
TABLE 5: LIST OF BUSINESS DIVESTITURES & EXPANSIONS
TABLE 6: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY END-USER,
2023-2030 (IN $ MILLION)
TABLE 7: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY VEHICLE,
2023-2030 (IN $ MILLION)
TABLE 8: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TYPE, 2023-2030
(IN $ MILLION)
TABLE 9: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY APPLICATION,
2023-2030 (IN $ MILLION)
TABLE 10: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY OUTLOOK,
2023-2030 (IN $ MILLION)
FIGURE 1: TECHNOLOGY SNAPSHOT
FIGURE 2: MARKET MATURITY ANALYSIS
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY END-USER, 2022
& 2030 (IN %)
FIGURE 5: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY ORIGINAL
EQUIPMENT MANUFACTURERS (OEM), 2023-2030 (IN $ MILLION)
FIGURE 6: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY AFTERMARKET,
2023-2030 (IN $ MILLION)
FIGURE 7: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY VEHICLE, 2022
& 2030 (IN %)
FIGURE 8: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY PASSENGER CARS,
2023-2030 (IN $ MILLION)
FIGURE 9: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COMMERCIAL
VEHICLES, 2023-2030 (IN $ MILLION)
FIGURE 10: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TWO-WHEELER,
2023-2030 (IN $ MILLION)
FIGURE 11: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TYPE, 2022
& 2030 (IN %)
FIGURE 12: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY EMBEDDED,
2023-2030 (IN $ MILLION)
FIGURE 13: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INTEGRATED
SMARTPHONES, 2023-2030 (IN $ MILLION)
FIGURE 14: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TETHERED,
2023-2030 (IN $ MILLION)
FIGURE 15: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY APPLICATION,
2022 & 2030 (IN %)
FIGURE 16: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY FLEET/ASSET
MANAGEMENT, 2023-2030 (IN $ MILLION)
FIGURE 17: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY NAVIGATION
& LOCATION-BASED SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 18: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INFOTAINMENT
SYSTEM, 2023-2030 (IN $ MILLION)
FIGURE 19: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INSURANCE
TELEMATICS, 2023-2030 (IN $ MILLION)
FIGURE 20: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY SAFETY &
SECURITY, 2023-2030 (IN $ MILLION)
FIGURE 21: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY OTHER
APPLICATION, 2023-2030 (IN $ MILLION)
FIGURE 22: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY
OUTLOOK, 2022 & 2030 (IN %)
FIGURE 23: BRAZIL AUTOMOTIVE TELEMATICS MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: MEXICO AUTOMOTIVE TELEMATICS MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: REST OF LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET 2023-2030
(IN $ MILLION)