APAC AUTOMOTIVE TELEMATICS MARKET ANALYSIS

Market Concentration and Competitive Landscape

Close-monitor your Competitor's Move, Request sample copy

With countries like China, Japan and South Korea aggressively promoting research and development in autonomous and electric vehicles, the APAC region is at the forefront of next-gen automotive technologies. While full self-driving may be still few years away, semi-autonomous features like adaptive cruise control, lane keep assist, traffic jam assist are being introduced in new premium vehicles. This requires sophisticated telematics hardware and software capable of processing vast amount of real-time sensor data from cameras, radars and lidars. Telematics plays a vital role in delivering advanced driver assist features by tightly integrating vehicle control systems with connectivity modules.

For electric vehicles to gain wider acceptance, automakers need to overcome customer concerns around range, reliability and charging infrastructure. Advanced telematics allows automakers to remotely monitor battery performance, predict charge depletion and locate nearest charging stations. It helps electric vehicle owners efficiently plan their drives. Telematics enables automakers to roll-out over-the-air software upgrades to improve energy efficiency over time without physically recalling vehicles for updates. Growing push towards cleaner emissions will further accelerate R&D in autonomous and electric vehicles, thus, boosting adoption of telematics.