According to a new report Global Consumer Vehicle Telematics Market, published by KBV research, the Global Consumer Vehicle Telematics Market size is expected to reach $52.7 billion by 2024, rising at a market growth of 30.4% CAGR during the forecast period.
The North America market would dominate the Global Consumer Vehicle Telematics Solution Market by region by 2024, growing at a CAGR of 26.4 % during the forecast period. The Europe market is expected to witness a CAGR of 27.1% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 34.3% during (2018-2024).
The Aftermarket market dominated the Global Consumer Vehicle Telematics Market by Mode of Deployment 2017. The OEM market is expected to witness a CAGR of 29.9% during (2018-2024).
The Insurance market dominated the Global Consumer Vehicle Telematics Market by End User 2017, and would achieve a market value of $14,618.1 million by 2024, growing at a CAGR of 29.3 % during the forecast period. The Healthcare market is expected to witness a CAGR of 32.1% during (2018-2024). Additionally, The Vehicle Manufacturers/Dealers market is expected to witness highest CAGR of 31.9% during (2018-2024).
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The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Verizon communications, AT&T Inc., Ford Motor Company, BMW AG, Robert Bosch GmbH, Valeo S.A, Harman International industries, Vodafone Group Plc., Telefonica S.A, and Continental AG.
Global Consumer Vehicle Telematics Market Size Segmentation
Fleet / Asset Management
Design & Consulting
By Deployment Type
By End User
Cars (Personal & Rental)
Media & Entertainment
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
Ford Motor Company
Robert Bosch GmbH
Harman International industries
Vodafone Group Plc.
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