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Bharat Book Bureau Provides the Trending Market Research Report on “Automotive Telematics Market by Service (ACN, eCall, RSA, Remote Diagnostics, Insurance Risk Assessment, Driver Behavior, Billing), Form & Vehicle Type, Component, Connectivity, Aftermarket, Fleet Management Service, Region - Global Forecast to 2027” under the Automotive Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports. The Automotive Telematics Market is projected to reach USD 15.5 billion by 2027 from an estimated USD 8.8 billion in 2022 at a CAGR of 12.1% during the forecast period. All the car makers investing or introducing some kind of telematics services in their newly launched or upcoming vehicles for enhanced safety and comfort. Considering the activities from the supply side, the market is expected to see constant growth over the forecast period. One of the major trends observed in the automotive telematics market is the growing collaborations and tie-ups and MOUs among different systems providers, OEMs, telematics service providers, and other stakeholders. For instance, in July 2022, Mahindra partnered with Qualcomm, Visteon for development of connected car solutions for its upcoming cars. Increasing demand for improved safety features in vehicles and more efficient road traffic is the primary reason driving the growth of the automotive telematics market. “Passenger Car Segment is expected to remain the largest segment by vehicle type.” Passenger Car market expected to grow due to increase in demand and mandates for safety and convenience telematics services. The North America and European region are developed nations with high incomes and greater technology adoption rates which increases the demand for telematics services and connectivity solutions. Infrastructure in these regions are a major reason that attract the global OEMs to test and develop more telematics services for autonomous. Increasing demand for autonomous cars in developed countries is making the OEMs introduce advanced telematics systems and solutions which is expected to boost the market of passenger car market. Passenger Car segment is expected to remain the largest segment by Aftermarket The demand for substantial car telematics services for passenger car in the aftermarket is expected to grow due to technological advancement, launches of various connected services aftermarket platforms and rolling out of safety and insurance mandates. For instance, in 2017, HARMAN announced an Aftermarket Connected Automotive Platform that can support connected applications and transform any existing vehicle with telematics capabilities. The new solution is available to automotive OEMs, dealers, specialty automotive retailers, and mobile carriers. Aftermarket fills the technological gap, offering the ability to upgrade the connectivity of vehicles to intelligent safety systems that rely on real-time data, with the connected head units that integrate smartphones with vehicle entertainment systems, to keep the drivers safe. As connected car are equipped with telematics units, the growing penetration of connectivity in cares is expected to drive telematics market. Services such as fleet management, on-road assistance, navigation and driver behavior are experiencing higher adoption in passenger cars as they prove beneficial to the fleet owners with real-time data. “The Asia-Pacific is expected to register the fastest growth during the forecast period.” The Asia-Pacific automotive telematics market is estimated to be the fastest-growing. In Asia-Pacific region, the telematics services such as on-road assistance system is expected to have the largest market share and insurance risk assessment service is expected to see the fastest growth in the Asia Pacific region. Insurance risk assessment will see larger growth due to increasing government mandates, in countries like India which has recently introduced such mandates. Factors such as development of advanced communication devices, penetration of advanced ADAS features and government mandates are expected to drive the penetration of telematics in vehicles in Asia pacific. For instance, Japan is one of the first countries to invent and implement most ADAS in cars. Japanese automotive companies are continuously developing advanced electronics/devices for telematics and vehicle connectivity technologies. For instance, in 2021, Suzuki Motor Corporation (Suzuki), Subaru Corporation (Subaru), Daihatsu Motor Co. Ltd. (Daihatsu), Toyota Motor Corporation (Toyota), and Mazda Motor Corporation (Mazda) reached an agreement to jointly develop technical specifications for next-generation vehicle communications devices. Such developments are expected to drive advancements in telematics systems. Various projects related to development of 5G infrastructure in countries such as China, Japan, South Korea is going to be major factor for telematics industry in Asia Pacific. Considering the above mentioned factors and scenarios, it can be said that Asia Pacific will be a major market for automotive telematics industry in the coming years. In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market. •By Company Type: Telematics Service Provider- 30%, Telematics Hardware Providers - 30%, and OEM - 40% •By Designation: C Level - 20%, D Level - 30%, and Others - 50% •By Region: North America - 30%, Europe - 50%, and the Asia Pacific - 15%, Rest of the World – 5% The automotive telematics market comprises major manufacturers such as Robert Bosch GmbH (Germany), AT&T INC. (US), Continental AG (Germany), LG Electronics (South Korea), and Verizon (US) among others. Research Coverage: The study segments the automotive telematics market and forecasts the market size based on Services [automatic crash notification, emergency calling, navigation & infotainment, on-road assistance, remote diagnostics, fleet management, insurance risk assessment, driver behavior billing services, and others], By Form Factor [embedded, tethered and integrated], Components [telematics control unit, a navigation system, communication devices, audio/video interfaced and CAN bus}, Vehicle Type [passenger Car, LCV, bus and truck), Connectivity [satellite and cellular], By Aftermarket [passenger car aftermarket, LCV aftermarket, bus aftermarket and truck aftermarket], Fleet Management Service [consulting, implementation and maintenance], Region [Asia Pacific, Europe, North America, and RoW]. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report: The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall automotive telematics market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. Browse our full report with Table of Content: https://www.bharatbook.com/report/1374639/automotive-telematics-market-by-service-acn-ecall-rsa-remote-diagnostics-insurance-risk-assessment-driver-behavior-billing-form-vehicle-type-component-connectivity-aftermarket-fleet-management-service-region-global-forecast-to About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,00,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 show contact info / 27810773 Email:  show contact info Website: www.bharatbook.com

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Booking the tickets, enforcing the travel policies, and managing the invoices are essential tasks that can be handled effectively with the help of the Travel Agency App. Embracing new-age travel agency software is one of the most efficient ways travel companies can strengthen their position over these challenging years. Travel Agency Software is a travel software that helps travel businesses manage a large portfolio of travel products like hotels, flights, transfers, and activities with different supplier connectivity, package customization, quotes, itineraries, payment Integration, marketing, and finances to help to increase the booking and transform your business to success. Travel agency software includes a web-based booking engine that allows agents to make ticket booking easier. This specialized trip booking system can be linked to different GDSs or NDC APIs to retrieve global content. 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Real-time management: Using the best travel agency accounting software assists in real-time managing travel processes in real time. You can add documents, maps, and videos to packages. Why should you build your travel apps with Global GDS? At Global GDS, we develop flexible apps to meet the challenges of the travel industry. Our developers build modern applications that are beneficial and provide consumers with quick, reliable, and effective travel booking experiences. Our team of specialists is skilled at developing comprehensive travel apps with a UI/UX that makes booking travel easy. We can aid you in making your business stand out from the crowd by developing a mobile presence and growing an audience. Advanced technology, innovation, quality design, and optimized usability allow us to offer our customers the best in mobile technology. Each mobile solution responds precisely to the needs of the industry in terms of added value for the user, brand, or destination visibility, the ability to generate more revenue, and ease of use. Our powerful mobile applications work seamlessly on both the Android and iOS platforms. Customers can book flights, hotels, visas, and excursions with just one tap, anywhere and anytime. We also provide an array of B2C and B2B mobile apps for your products and services. Mark-ups, commission settings, confirmed and vouchered bookings - our mobile apps can manage it all. How does Global GDS build Tour and Travel Mobile Applications? Our travel app development process starts with project planning, during which the design and functionalities of your application will be determined. After the complete planning of planning process, our creative designers will begin working on the general structure of your application. After designing, our highly qualified team of developers will develop your application and make it working and responsive. After the complete process, your application will be passed through a testing process, whereby small bugs and issues of your application will be resolved. Your application will then be delivered to you. A travel app can provide a competitive advantage by providing a distinctive and convenient service that differentiates your travel business from competitors. This can help you attract and retain customers and ultimately grow your market share. A travel agency app can help travel businesses increase sales by providing customers with a convenient and streamlined booking experience, as well as offering personalized recommendations and loyalty rewards. Travel agency software reduces operating costs and improves efficiency with workflow optimization. It assists agents in streamlining mid- and back-office operations to deliver efficient service to consumers. Travel agencies can easily organize invoices and manage payments for several clients simultaneously. Managing invoices, sales commissions, and enforcing policy while booking can be easily handled with the travel agency software’s automated workflow. Travel agency software provides reliable reporting options for generating sales, financial data, inventory, vendor management, etc. These reports assist agents in estimation, forecasting, and making decisions to boost revenue and growth. Why do travel agents need to choose travel agency app builder? • Interactive navigate system. • Manage back-office easily. • Manage revenue easily. • Multi-currency and multi-language support. • Assist the travel agent in managing the business process. • Enhance the travel processes of your clients. • Reduce operational expenses. • Increase the profitability of your business. • It adds real-time travel content like documents, descriptions, videos, maps, and pictures to travel packages. • It aids in the management of payment rules, promotions, discounts, blackout dates, stay constraints, and supplements. • It helps in providing multiple travel inventories such as unit-based pricing, ranged-based costing, and occupancy-based rates and sells travel products quickly. • It enables travel agencies to gain a thorough insight into invoicing, settlement, and reporting, which is vital for travel management organizations. Types of Travel apps for travel business: These applications enable travelers to search for flights depending on their selected dates, destination, and price. They also provide features like fare alerts, flight status updates, and the ability to manage bookings. These applications enable travelers to search for hotels based on their selected dates, location, and budget. They also provide services such as guest reviews, hotel amenities, and the opportunity to manage reservations. These applications tell users about destinations, attractions, activities, and events. Users can also develop personalized itineraries, save and share travel plans, and receive personalized recommendations based on their preferences. These apps enable travelers to organize and manage their trip plans in one place. They provide features like real-time flight updates, hotel check-in reminders, and the option to add activities and transportation. These apps allow travelers to purchase travel insurance and manage their policies. They include services like policy data, coverage details, and the opportunity to manage claims. These apps allow travelers to track their loyalty points, rewards, and benefits from travel providers. They also provide personalized offers, special promotions, and the option to redeem points for travel-related purchases. A travel agency app can serve as a cost-effective marketing tool for travel businesses by enabling them to promote their services and offers to customers quickly through the app. A travel app can provide personalized recommendations to customers based on their preferences and travel history. This can assist you in better understanding your client's demands and providing more tailored services and offers. Benefits of Travel Agency App: A travel agency app can provide several benefits to both travel companies and their clients. Here are some of the most essential benefits of a travel agency app: Convenient booking: A travel agency app can provide customers with the ease of booking their travel services anytime and anywhere. This can boost sales and customer satisfaction. Increased efficiency: A travel agency app can increase the efficiency of a travel business by streamlining certain tasks, such as booking and payment processing. This can free up their time to focus on other important tasks, such as customer service and marketing. Improved customer experience: By allowing travelers to conveniently access and manage their trip arrangements, a travel agency app can offer a more effortless and pleasant customer experience. This can lead to increased customer satisfaction and loyalty. Increased visibility: A travel agency app can increase the visibility of a travel business by making it easier for potential customers to find and engage with the business. Travelers can use the app to simply search for and book flights, hotels, and other travel services, which can help the business reach a larger audience. Personalized experience: A travel agency app can provide customers with a personalized experience by offering customized travel plans and recommendations based on their preferences and previous bookings. Easy access to data: A travel agency app can provide customers with easy access to information about their travel plans, such as flight and hotel details, itineraries, and travel documents. This can help customers stay organized and reduce stress while traveling. Real-time updates: A travel agency app can provide clients with real-time updates about their travel plans, such as flight delays or gate changes. This can help customers stay informed and avoid delays. Loyalty rewards: A travel agency app can offer loyalty rewards and incentives to customers, such as discounts, upgrades, or special deals. 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