Telematics is an integrated technology wherein telecommunication and information technology are combined and provided as a single solution. The transmission of information can be machine to machine or machine to human. This technology is used primarily for tracking and communication, and can either be integrated with various other systems of the vehicle or used separately.
The production of telematics solutions hasn’t been in full-swing for all that long, but demand for this technology is already rising with enormous momentum. Indeed, The Global Telematics market is forecasted to grow at a CAGR of 22.67 percent during the 2012-2016 period.
View our updated list of top 10 telematics companies for 2016-2020
We’ve pinpointed the top 5 telematics providers expected to contribute to this growth!
Airbiquity Inc
“The way drivers connect with their cars and their world is rapidly changing. Vehicles are joining the digital world, giving drivers and passengers the tools and information that are so helpful and so seamless that they’ll wonder how they ever did without them. Through mobile integration and embedded connectivity technology, Airbiquity ensures apps and content are available in the car, on demand, safely and securely.”
Airbiquity is also a key vendor in our Global Connected Car M2M Connections and Services Market 2016-2020 report
Agero Inc.
“For nearly 40 years, we have provided the safest, smartest solutions for drivers and the companies that keep them moving. And we’ve become an industry leader as a result. A powerful combination of the former Cross Country Automotive and ATX Group, we are strongly positioned to drive the most innovative systems and services in the market.”
Agero is also listed as a key vendor in our Global Intelligent Transport System Market 2016-2020 report
Connexis LLC
“Founded in 2002, Connexis delivers Intelligent Transportation System (ITS) services including traditional telematics services, semi-open-platform connected multimedia, in‑vehicle navigation support, and services for electric vehicles (EVs). The Connexis team has decades of experience in the automotive, telematics, call center, and telecommunications industries. We drive innovation through leadership roles in major industry organizations, partnering with other influential members of the ITS community from around the world.”
Connexis is also listed as a key vendor in our Global Automotive Telematics 2015-2019 report
Verizon Telematics Inc.
“Verizon Telematics is a leader in implementing the next generation of connected services for the automobile. Centered on a core platform of safety and security offerings, we develop and manage vehicle- and driver-centric solutions to enhance the driving and ownership experience. Headquartered in Atlanta, Ga., Verizon Telematics offers a portfolio of manufacturer, aftermarket, fleet and dealer services provided through two-way broadband connectivity to the vehicle.”
* In June 2012, Version acquired Hughes Telematics Inc. which was one of the leading supplier of wireless systems for vehicles. The worth of the transaction was US$612 million in cash.
Verizon Telematics is also a key vendor in our Global Commercial Telematics Market 2016-2020 report
WirelessCar AB
“WirelessCar is a global telematics service provider who connects the automotive industry. We provide the backend system which integrates and aggregates content, services and applications as well as manages the communication with the vehicles. Our white label positioning and open telematics platform allows our customers (Allianz, Audi, BMW, Volvo etc.) to leverage the full value of connected services. We deliver business value in a truly global market through operational services in 50+ countries supported by teams based in US, Europe, Brazil, China, Japan and India.”
WirelessCar AB is also a key vendor in our Commercial Vehicle Telematics Market in the Americas 2015-2019 report
For more information, view our 2012-2016 Global Telematics Market report.