APAC Automotive Telematics Market, By Vehicle Type (Passenger and Commercial), By Technology Type (Embedded, Tethered, Smart Phone), By Sales Channel (OEM and Aftermarket), By Application (Infotainment, Safety, Navigation, Diagnostics)

Published In : May 2024

Code : CMI3654

Pages :130

Formats :

Excel and PDF

Industry : Automotive and Transportation

Market Challenge: High initial costs

Vehicle connectivity and data security standards vary widely across the diverse APAC region, making regional solutions difficult. Lagging telecom infrastructure in rural areas limits the adoption of connected vehicles.

High infrastructure and development costs can restrict the integration of advanced telematics systems into mainstream vehicles. Customer awareness about telematics benefits is still evolving, hampering demand.

Market Opportunities: Emergence of autonomous vehicles

Rising disposable incomes boosts demand for connected vehicle services. Expanding 5G networks and GPS penetration will support new telematics applications. As autonomous driving technologies progress, telematics that provide live traffic, navigation and emergency response capabilities will see increased importance. Automakers view the populous APAC region as essential for scaling new connectivity solutions.