USA: TechNavio’s analysts forecast the Global Telematics market to grow at a CAGR of 21.5 percent over the period 2011–2015. One of the major factors contributing to this market growth is the high demand of electric vehicles. The Global Telematics market has also been witnessing cloud-based telematics offerings. However, falling prices of telematics devices could pose a challenge to the growth of this market.
TechNavio’s report, the Global Telematics Market 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also 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. Key vendors dominating this market space include BMW, Delphi, OnStar Corp., Qualcomm Enterprise Services.