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Connecting the Automotive Industry: The Telematics Market 2023

The global automotive telematics market is expected to experience a significant boost in the coming years due to rising consumer demand for connected and automated vehicles. Automotive telematics refer to the use of wireless networks to connect cars and other vehicles with their environment, enabling vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communications. This technology can provide real-time traffic updates, driver assistance functions, security alerts and remote diagnostics.

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A number of prominent players in this market include Continental AG, Robert Bosch GmbH, Denso Corporation, AT&T Inc., Verizon Communications Inc., TomTom International BV, Mitsubishi Electric Corporation, Omnitracs LLC, Airbiquity Inc. and Octo Telematics Ltd.

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