Whitepaper: India Telematics Ecosystem: Trends, Adoption, Core Benchmarking & Outlook

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Whitepaper: India Telematics Ecosystem: Trends, Adoption, Core Benchmarking & Outlook

Nov 11, 2022

India Telematics Ecosystem: Trends, Adoption, Core Benchmarking & Outlook

PDF | 22 pages
Published date: November 2022

Overview

India’s telematics market is currently at a nascent stage but there is a steady demand for telematics devices. While the potential is huge, high import dependency, lack of advanced technology adoption, and infrastructure challenges have been some of the inhibitors. However, the rising demand for electric vehicles, ubiquitous 4G connectivity, favourable government policies, and schemes related to design and manufacturing will act as potential drivers for the demand for connected telematics devices for different mobility applications. These factors will help telematics device shipments to reach to 50 million units in 2030 at a CAGR of 31% from 2021. As a result, telematics device revenues will climb to ₹175 billion in 2030 at a CAGR of 21% from 2021. According to our CORE evaluation, iTriangle leads India’s telematics ecosystem followed by international leaders Teltonika and Bosch. Players such as UNO Minda, Atlanta, LG, Blackbox, Rosmerta and Nippon follow close behind.

Table of Content

Telematics in India
India Telematics Marketing Opportunity
India Telematics Landscape
Telematics Device Segments
Key Drivers for Telematics Adoption
Telematics Use Cases
Evaluation of Key Telematics Vendors- Scorecard Analysis
Recommendations

Summary

Author

Team Counterpoint

Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.