Global Electric Vehicle Telematics Market to Surpass USD 177.8 Bn By 2031| Growth Market Reports

USA - English

USA - Français

USA - Deutsch

News provided by

Jul 03, 2023, 04:00 ET

PUNE, India, July 3, 2023 /PRNewswire/ -- According to a recent market study by Growth Market Reports, titled, "Global Electric Vehicle Telematics Market Segments - by Type, Vehicle Type, Application, and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 13.2 Bn in 2022 and is expected to surpass USD 177.8 Bn at a CAGR of 33.5% by 2031.

Key Players Covered

Verizon
Continental AG
Robert Bosch GmbH
HARMAN International.
Geotab Inc
Azuga
Electrodrive Powertrain Solutions Pvt. Ltd.
Trimble Inc.
ChargePoint, Inc
Intellicar Telematics

Download PDF Sample here: https://growthmarketreports.com/request-sample/5246

The report covers data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, industry players, and crucial strategies that helps market players to expand their business.

For Any Questions: https://growthmarketreports.com/enquiry-before-buying/5246

Key Takeaways:

Telematics in EV gather data from GPS and DTG. It shows the state of vehicles in terms of time taken, distance traveled, and other important records.
Rising electrification of vehicles and the growing requirement to avoid uncertain circumstances on the road are projected to drive the market.
Ability of telematics to determine the vehicle location is likely to boost the market in the coming years.
The hardwired install telematics segment is anticipated to dominate the market, owing to the rising concerns of safeguarding data.
The 2 wheelers segment is projected to hold a major market share, due to the increasing innovation in two-wheeler industries.
Asia Pacific is expected to dominate the global market during the forecast period, owing to the increasing production and sales of EVs.

Get Full Access to 146 Pages Report: https://growthmarketreports.com/checkout/5246

Segments Covered

Type