The analysts forecast the Global Telematics market to grow at a CAGR of 22.67% over the period 2012-2016.
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One of the key factors contributing to this market growth is the increasing awareness of road safety.
The Global Telematics market has also been witnessing increased adoption of the voice recognition feature in telematics systems. However, downward pricing pressure could pose a challenge to the growth of this market.
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The report, the Global Telematics Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Telematics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The key vendors dominating this space include BMW AG, Ford Motor Co., General Motors Co., Toyota Motor Corp., Delphi Automotive plc, Robert Bosch GmbH, Continental AG, WirelessCab AB.
The other vendors mentioned in this report are Airbiquity Inc., ATX Group Inc., Audi AG, Auto Locator Inc., Auto Page Inc., Autonet Group, Bayerische Motoren Werke AG, Cesar Satellite, Chrysler Group LLC, Connexis LLC, Cobra Automotive Technologies S.p.A, Continental AG, Daimler AG, Delphi Automotives plc, Denso Corp., Directed Electronics Inc., Fiat S.p.A, Ford Motor Co., General Motors Co., Harman, Honda Motor Co. Ltd., Hughes Telematics Inc , Hyundai Motor Co., LoJack Corp., Magneti Marelli SPA, MiX Telematics Ltd., Motolingo Inc., Nissan Motor Co. Ltd., Octo Telematics S.p.A, Peugeot S.A., Robert Bosch GmbH, Trafficmaster plc, TomTom NV, Toyota Motor Corp., ViaSat Inc., Visteon Corp., Volkswagen AG, Volvo AB, WebTech Wireless Inc., and WirelessCar AB.
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