Germany Automotive Telematics Market Growth Strategies, Rising Trends and Revenue Analysis

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The rising demand for smoother road traffic and safer driving is fueling the popularity of automotive telematics solutions in Germany. Road traffic jams, deaths, and serious injuries are some of the undesirable outcomes of road travel. Moreover, human error is the leading cause of road accidents and crashes. Human drivers are more likely to make errors such as the speeding and the inability to accurately gauge the safe distance from the front vehicle and the surroundings than advanced technology-based systems.

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As per the provisional results of the Federal Statistical Office (Destatis), more than 1,281 deaths were recorded in Germany during the first six months of 2020. This can be significantly reduced with the integration of various telematics solutions in vehicles. These solutions provide a very safe driving experience to drivers. Besides these factors, the increasing enactment of favorable government policies regarding the adoption of telematics in vehicles in the country is also fueling the demand for these solutions.

One of the major trends currently being observed in the German automotive telematics market is the growing incorporation of telematics solutions in off-highway automobiles. The improved efficiency and productivity of these automobiles, the rising requirement for off-highway automobile data analysis, and the growing need for reducing the operational costs usually associated with their maintenance and repair are the other important factors pushing up the popularity of automotive telematics solutions in the country.

Market Segmentation by Product Type

  • Embedded
  • Tethered
  • Integrated

Market Segmentation by Service

  • Safety and Security
  • Infotainment and Navigation
  • Remote Diagnostics
  • Fleet/Asset Management
  • Insurance Telematics
  • Vehicle to Everything (V2X)
  • Others

Market Segmentation by Channel

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

Market Segmentation by Vehicle Type

  • Two-Wheeler
  • Passenger Car
  • Commercial Vehicle
  • Construction Machines

Market Segmentation by Verticals

  • Transportation and Logistics
  • Government and Utilities
  • Travel and Tourism
  • Construction
  • Education
  • Healthcare
  • Media and Entertainment
  • Others

Market Segmentation by Offerings

  • Hardware
  • Software
  • Services

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