Global Car Sharing Telematics Market Size, Share & Trends Analysis Report, By Channel (Original Equipment Manufacturers (OEM), Aftermarket), By Form (Embedded, Tethered, Integrated), By Region, And Segment Forecasts, Till – 2030
Report ID : IR10029 | Industries : Automotive and Transportation | Published On :May 2024 | Page Count : 125
Global Car Sharing Telematics Market Size, Share & Trends Analysis Report, By Channel (Original Equipment Manufacturers (OEM), Aftermarket), By Form (Embedded, Tethered, Integrated), By Region, And Segment Forecasts, Till – 2030
Market Overview
According to Analytical Market Research, the global car sharing telematics market estimated at USD 285 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 10.61% from 2023 to 2030. Key players in the car sharing telematics market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic car sharing telematics market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.
CAR SHARING TELEMATICS MARKET DYNAMICS:
KEY DRIVERS & RESTRAINTS
Emerging Technologies Driving The Market Growth Emerging as integral elements of telematics systems, software systems help drive innovations in data analytics, user interfaces, and connectivity features. Enhanced software solutions also optimize fleet management, improve user experiences, and ensure robust cybersecurity. Also, benefits of car sharing telematics include decreased fuel costs, improved driver safety, increased productivity, improved vehicle visibility through precise tracking, data driven vehicle maintenance schedules, maintaining ELD compliance, and more precise payroll management. All these factors drive this market. High Cost, Data Privacy, And Low Security Restraint The Market Growth Robust data privacy and security measures is crucial to build trust among users implementing and maintaining telematics systems involve significant upfront and ongoing costs. The high installation cost is a main obstacle for the car-sharing telematics industry. Because the initial configuration of telematics systems, and its ongoing maintenance, is costly. Further, the prices of fuel further strain the organization. As a result, high cost and other factors of car-sharing telematics limit the market's growth. How are Segments Performing in the Global Car Sharing Telematics Market? Car Sharing Telematics Channel Segment Breakdown According to Analytical Market Research, the Car Sharing Telematics market by channel is segmented into Original Equipment Manufacturers (OEM), and Aftermarket Car Sharing Telematics Form Segment Breakdown According to Analytical Market Research, based on form the market is bifurcated into Embedded, Tethered, and Integrated Car Sharing Telematics Geographic Exploration According to Analytical Market Research, the North American region is predicted to dominate the market, owing to the strong base of automotive facilities, strong presence of major players in the market. Rising government initiatives to promote awareness, increase in automotive facilities, growing research activities in the region, availability of massive untapped markets, large population pool is driving the market in the region. Other regions competing in the market are North America, Europe, Middle East and Africa, and Latin America respectively.
COMPETITIVE LANDSCAPE & RECENT DEVELOPMENT:
CAR SHARING TELEMATICS The competitive landscape of the market is semi-consolidated. The significant players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. • For instance, in January 2022, Continental, a technologies and services company for sustainable and connected mobility, entered partnership with SHARE NOW Denmark. The partnership keeps SHARE NOW Denmark's car-sharing fleet with intelligent tire management. Noticeable Players Functioning in The Global Car Sharing Telematics Market Include: • INVERS • Convadis • Continental Aftermarket & Services • Octo Group • Vulog • Ridecell • Mobility Tech Green • Targa Telematic • OpenFleet • WeGo B.V.
KEY BREAKDOWN:
CAR SHARING TELEMATICS MARKET
By Channel:
• Original Equipment Manufacturers (OEM)
• Aftermarket
By Form:
• Embedded
• Tethered
• Integrated Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
France
o U.K.
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Middle East and Africa
o Saudi Arabia
o UAE o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Af
Global Car Sharing Telematics Market TOC:
1. Research Methodology
1.1. Global Car Sharing Telematics Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Car Sharing Telematics Market: Value Chain
3.3.1. List of Raw Material Supplier
3.3.2. List of Manufacturers
3.3.3. List of Application
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Car Sharing Telematics Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Car Sharing Telematics Market Outlook: Channel
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Channel, 2023 – 2030
4.3.2.1. Original Equipment Manufacturers (OEM)
4.3.2.2. Aftermarket
4.4. Global Car Sharing Telematics Market Outlook: Form
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
4.4.2.1. Embedded
4.4.2.2. Tethered
4.4.2.3. Integrated
5. Global Car Sharing Telematics Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Car Sharing Telematics Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Channel
6.3.3. By Form
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Channel, 2023 – 2030
6.5.1. Original Equipment Manufacturers (OEM)
6.5.2. Aftermarket
6.6. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
6.6.1. Embedded
6.6.2. Tethered
6.6.3. Integrated
7. Europe Car Sharing Telematics Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Channel
7.3.3. By Form
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Channel, 2023 – 2030
7.5.1. Original Equipment Manufacturers (OEM)
7.5.2. Aftermarket
7.6. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
7.6.1. Embedded
7.6.2. Tethered
7.6.3. Integrated
8. Asia Pacific Car Sharing Telematics Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Channel
8.3.3. By Form
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Channel, 2023 – 2030
8.5.1. Original Equipment Manufacturers (OEM)
8.5.2. Aftermarket
8.6. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
8.6.1. Embedded
8.6.2. Tethered
8.6.3. Integrated
9. Latin America Car Sharing Telematics Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Channel
9.3.3. By Form
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Channel, 2023 – 2030
9.5.1. Original Equipment Manufacturers (OEM)
9.5.2. Aftermarket
9.6. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
9.6.1. Embedded
9.6.2. Tethered
9.6.3. Integrated
10. Middle East & Africa Car Sharing Telematics Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Channel
10.3.3. By Form
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Channel, 2023 – 2030
10.5.1. Original Equipment Manufacturers (OEM)
10.5.2. Aftermarket
10.6. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
10.6.1. Embedded
10.6.2. Tethered
10.6.3. Integrated
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. INVERS
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Convadis
11.3.3. Continental Aftermarket & Services
11.3.4. Octo Group
11.3.5. Vulog
11.3.6. Ridecell
11.3.7. Mobility Tech Green
11.3.8. Targa Telematic
11.3.9. OpenFleet
11.3.10. WeGo B.V.