Telematics market worth $40.3 billion by 2016

Telematic Components: Technologies and Global Markets

In 2008, total net market value for telematics was $11.6 billion. In 2009, this total decreased to $11.5 billion as unit sales declined due to the worldwide economic recession. It is projected to reach $40.3 billion in 2016 at a 5 year CAGR of 20.9%.

Learn about the telematics industry and its products and technologies used in consumer and commercial vehicles through 2016...

Use this report to:

• Receive an overview of the telematics products use in vehicles, which can be broadly segregated into hardware including tracking, connection, sensors, and user interface, as well as software that includes embedded operating systems that control the systems
• Understand analysis and forecasts of market opportunities for components related to telematics applications for the time span extending from 2011 to 2016
• Determine the drivers and market trends of both commercial and consumer vehicle markets that will allow the emerging telematics systems to emerge into the mainstream market, and the significant changes occurring in the general automotive industry as well as demographic changes that will allow for these opportunities.

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