LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET 2021-2028

Automotive & Transportation | Automotive Systems

LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET 2021-2028

Market by End-user, Vehicle, Type, Application, and Country | Forecast 2021-2028

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Triton’s report denotes that the automotive telematics market in Latin America is anticipated to observe growth at a CAGR of 20.62% through the forecasted phase 2021-2028.


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The countries scrutinized in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

The growing need for vehicle security and tracking systems mainly drives the demand for telematics solutions across the region. Moreover, several fleets are using basic fleet management tools, which restricts their ability to monitor the overall fleet performance. This has increased the demand for telematics solutions to a large extent. Furthermore, prominent companies like ERM Advanced Telematics are expanding operations in the region, offering fleet management and telematics solutions. Besides, the company plans to expand its StarLink Telematics product line in the region. Thus, the growing penetration by renowned companies is likely to support the development of the automotive telematics market.

Among the region’s countries, Brazil is considered to dominate in the studied market. This growth can be attributed to the alarming rise in car theft incidents, which has led to an increase in demand for insurance telematics solutions. Furthermore, several leading providers have integrated anti-jamming solutions into the hardware, in addition to black boxes and GPS tracking. This helps reduce car theft to a large extent. Therefore, the rising adoption of telematics solutions to curb the increasing incidents of car thefts holds the potential to widen the scope and growth of the automotive telematics market across Brazil.

Robert Bosch GmbH is a leading automotive, consumer goods, industrial technology, and energy technology product supplier. Its product portfolio includes power tools, e-bike systems, security systems, household appliances, and solar inverters. The company also offers industry solutions, packaging technology, and business management solutions to a wide consumer base. Robert Bosch has operations across various regions, including Latin America. 

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Table of Content

1. LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON AUTOMOTIVE TELEMATICS MARKET

2.2. KEY INSIGHTS

2.2.1. NEED FOR IN-VEHICLE TELEMATICS

2.2.2. SIGNIFICANCE OF SAFETY APPLICATIONS IN AUTOMOBILES

2.2.3. TELEMATICS TO BECOME THE FUTURE OF CONNECTIVITY IN TRANSPORT

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY IMPACT ANALYSIS

2.6.1. RELIABILITY

2.6.2. PRICE

2.6.3. FEATURES

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. CONTRACTS & PARTNERSHIPS

2.7.3. BUSINESS EXPANSIONS & DIVESTITURES

2.8. MARKET DRIVERS

2.8.1. PROPER USE OF DATA ANALYSIS FOR IMPROVING VEHICLE PERFORMANCE

2.8.2. REGULATIONS TO ENSURE VEHICLE AND PASSENGER SAFETY

2.8.3. RISING ADOPTION OF CONNECTED CARS SERVICES

2.9. MARKET CHALLENGES

2.9.1. LESS CONNECTIVITY IN AUTOMOTIVES

2.9.2. CYBERSECURITY RISKS

2.9.3. EXPENSIVE TELEMATICS

2.10. MARKET OPPORTUNITIES

2.10.1. GROWING ADVANCEMENTS IN AUTOMOTIVE TECHNOLOGIES

2.10.2. RISING ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS) IN AUTOMOTIVES

2.10.3. GROWTH OF INTELLIGENCE TRANSPORTATION SYSTEMS

3. LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET OUTLOOK - BY END-USER

3.1. ORIGINAL EQUIPMENT MANUFACTURERS (OEMs)

3.2. AFTERMARKET

4. LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET OUTLOOK - BY VEHICLE

4.1. PASSENGER CARS

4.2. COMMERCIAL VEHICLES

4.3. TWO-WHEELER

5. LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET OUTLOOK - BY TYPE

5.1. EMBEDDED

5.2. INTEGRATED SMARTPHONES

5.3. TETHERED

6. LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET OUTLOOK - BY APPLICATION

6.1. FLEET/ASSET MANAGEMENT

6.2. NAVIGATION & LOCATION-BASED SYSTEM

6.3. INFOTAINMENT SYSTEM

6.4. INSURANCE TELEMATICS

6.5. SAFETY & SECURITY

6.6. OTHER APPLICATIONS

7. LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET – REGIONAL OUTLOOK

7.1. BRAZIL

7.2. MEXICO

7.3. REST OF LATIN AMERICA

8. COMPETITIVE LANDSCAPE

8.1. AIRBIQUITY INC

8.2. ATT INC

8.3. CONTINENTAL AG

8.4. HARMAN INTERNATIONAL INDUSTRIES INC

8.5. INTEL CORPORATION

8.6. MASTERNAUT LIMITED

8.7. MIX TELEMATICS

8.8. OMNITRACS LLC

8.9. QUALCOMM TECHNOLOGIES INC

8.10. ROBERT BOSCH GMBH

8.11. TELETRAC NAVMAN US LTD

8.12. TOMTOM INTERNATIONAL BV

8.13. TRIMBLE INC

8.14. VERIZON COMMUNICATIONS INC

8.15. VISTEON CORPORATION

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)   

TABLE 2: VENDOR SCORECARD        

TABLE 3: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY END-USER, 2021-2028 (IN $ MILLION)        

TABLE 4: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY VEHICLE, 2021-2028 (IN $ MILLION)   

TABLE 5: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)      

TABLE 6: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)          

TABLE 7: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)                

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: KEY IMPACT ANALYSIS     

FIGURE 3: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY END-USER, 2020 & 2028 (IN %)  

FIGURE 4: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY ORIGINAL EQUIPMENT MANUFACTURERS (OEMs), 2021-2028 (IN $ MILLION)       

FIGURE 5: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY AFTERMARKET, 2021-2028 (IN $ MILLION)          

FIGURE 6: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY VEHICLE, 2020 & 2028 (IN %)

FIGURE 7: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY PASSENGER CARS, 2021-2028 (IN $ MILLION)

FIGURE 8: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY COMMERCIAL VEHICLES, 2021-2028 (IN $ MILLION)  

FIGURE 9: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TWO-WHEELER, 2021-2028 (IN $ MILLION)          

FIGURE 10: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TYPE, 2020 & 2028 (IN %)      

FIGURE 11: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY EMBEDDED, 2021-2028 (IN $ MILLION)          

FIGURE 12: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INTEGRATED SMARTPHONES, 2021-2028 (IN $ MILLION)   

FIGURE 13: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY TETHERED, 2021-2028 (IN $ MILLION)        

FIGURE 14: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY APPLICATION, 2020 & 2028 (IN %)  

FIGURE 15: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY FLEET/ASSET MANAGEMENT, 2021-2028 (IN $ MILLION)     

FIGURE 16: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY NAVIGATION & LOCATION-BASED SYSTEM, 2021-2028 (IN $ MILLION)     

FIGURE 17: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INFOTAINMENT SYSTEM, 2021-2028 (IN $ MILLION)     

FIGURE 18: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY INSURANCE TELEMATICS, 2021-2028 (IN $ MILLION)         

FIGURE 19: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY SAFETY & SECURITY, 2021-2028 (IN $ MILLION)

FIGURE 20: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)     

FIGURE 21: LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 22: BRAZIL AUTOMOTIVE TELEMATICS MARKET 2021-2028 (IN $ MILLION)          

FIGURE 23: MEXICO AUTOMOTIVE TELEMATICS MARKET 2021-2028 (IN $ MILLION)         

FIGURE 24: REST OF LATIN AMERICA AUTOMOTIVE TELEMATICS MARKET 2021-2028 (IN $ MILLION)       

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