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Middle East & Africa Automotive Telematics Market Forecast to 2030
Middle East & Africa Automotive Telematics Market Forecast to 2030 – Regional Analysis – by Offering (Hardware and Software & Services), Connectivity (Integrated, Tethered, and Embedded), Vehicle Type (Passenger Cars and Commercial Cars), and Application (Infotainment, Remote Diagnosis, Navigation (GPS), Safety and Security, and Others)
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Description
Mounting Adoption of IoT and AI in Fleet Management Bolsters Middle East & Africa Automotive Telematics Market
IoT-enabled telematic devices optimize customer services and enhance vehicle maintenance management. With an IoT-integrated automotive telematics platform, communication and data retrieval become easy via smartphone applications and help in condition monitoring of the vehicle. Several companies are adopting the Sixt, and mobility service providers have adopted IoT-enabled automotive telematics systems via applications to optimize business operations. With this, app, customers connected more than 280,000 vehicles and connected with around 1.5 million drivers across 110 countries globally. The rising adoption of IoT and connected cars is a major trend in the Middle East & Africa automotive telematics market. Several leading players are partnering with IoT solutions providers to enhance automotive capabilities. For instance, Aeris IoT and Sify solution provider integrated their IoT solutions for connected cars that minimize idle time and offer real-time vehicle tracking. Aeris IoT solutions providers have integrated the IoT Network, and the company has optimized more than 600 carriers across 190 countries. Further, Axon Telematics, a supplier of telematics solutions, partnered with Aeris to deploy an automotive telematics product to manage the real-time vehicle location. Axon deployed its product that collects drivers’ behavior data to help insurers determine the vehicle’s real-time location and provides a self-activation and self-installation system for vehicle policyholders. The logistics and transportation industry is implementing IoT for real-time vehicle location tracking. The growing adoption of smart tracking and environment monitoring (STEM) devices among consumers and transportation companies drives the growth of the Middle East & Africa automotive telematics market. IoT-enabled devices track real-time GPS locations and help manage ambient temperature, pressure, humidity, goods mishandling, and several other parameters. It assures the smooth handling of goods throughout the transportation supply chain. Further, rising advancements in telematics gateways helped transportation and logistics companies optimize routing for better efficiency, monitoring the fleet’s health, and improving the overall safety of the drivers.
Middle East & Africa Automotive Telematics Market Overview
In the Middle East & Africa, countries such as the UAE and Saudi Arabia are witnessing a growing interest in connected vehicles. Luxury car markets in the UAE are embracing connected features, including advanced infotainment systems and telematics services. These technologies cater to the affluent consumer base and align with the region’s focus on modernization and smart city initiatives. Saudi Arabia, the largest automotive market in the Middle East, is also showing increasing adoption of connected vehicle technologies. The connected vehicle industry in Africa is in its nascent stages but holds significant potential. South Africa, with its well-developed automotive sector, is leading the way in integrating connectivity features into vehicles.
The growing number of passenger cars and commercial vehicles on the road and the increasing integration of automated technologies within vehicles are positively affecting the Middle East & Africa automotive telematics market. In January 2023, BMW announced the establishment of a car manufacturing plant in Africa. It marks a significant development in the automotive industry and reflects the company’s commitment to expand its presence in the region. The significant investment of US$ 150 million underscores BMW’s dedication to the project and its confidence in the African automotive market’s growth potential. The growth in vehicle production and rising investments by the key players in the automotive industry is expected to create ample opportunity for the Middle East & Africa automotive telematics market growth.
Middle East & Africa Automotive Telematics Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Automotive Telematics Market Segmentation
The Middle East & Africa automotive telematics market is categorized into offering, connectivity, vehicle type, application, and country.
Based on offering, the Middle East & Africa automotive telematics market is bifurcated into hardware and software & services. The hardware segment held a larger market share in 2022. The hardware is further sub segmented into telematics control units, navigation system, in-vehicle infotainment units, and others.
In terms of connectivity, the Middle East & Africa automotive telematics market is categorized into integrated, tethered, and embedded. The embedded segment held the largest market share in 2022.
By vehicle type, the Middle East & Africa automotive telematics market is bifurcated into passenger cars and commercial cars. The passenger cars segment held the largest market share in 2022.
By application, the Middle East & Africa automotive telematics market is segmented into infotainment, remote diagnosis, navigation (GPS), safety and security, and others. The infotainment segment held the largest market share in 2022.
By country, the Middle East & Africa automotive telematics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa automotive telematics market share in 2022.
Verizon Communications Inc, ORBCOMM Inc, Trimble Inc, Valeo SE, TomTom NV, Denso Corp, Luxoft Switzerland AG, and Harman International Industries Inc are among the leading companies operating in the Middle East & Africa automotive telematics market.
Summary Info
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According to the Research Team’ research, the Middle East & Africa automotive telematics market was valued at US$ 2,836.14 million in 2022 and is expected to reach US$ 9,291.62 million by 2030, registering a CAGR of 16.0% from 2022 to 2030. Increasing installation of telematic devices by automotive OEMs and mounting adoption of IoT and AI in fleet management are among the critical factors attributed to drive the Middle East & Africa automotive telematics market.
Automotive telematics is the combination of several hardware and software solutions, including GPS systems, onboard vehicle diagnostics, wireless telematic devices, and other solutions used to transmit the record and vehicle’s data. Telematic devices control several parameters, such as location, speed, maintenance requirements, and services. Automotive telematics is a system of monitoring vehicles such as cars, automotive equipment, trucks, and other assets with the help of GPS technologies. Increasing automotive sales and production with built-in advanced telematics systems across the globe is driving market growth. Automotive manufacturers use connectivity options, including automotive telematic solutions and software, to create a connected vehicle. Carmakers use a combination of GPS devices, accelerometers, gyroscopes, and connected solutions to meet customer requirements for the vehicles. There are several major components used in automotive telematics, which are:
Input and output interface
GPS receiver
Accelerometer
Buzzers
SIM card
Engine interface
Others.
On the contrary, the data privacy and security concerns hampers the growth of Middle East & Africa automotive telematics market.
Based on offering, the Middle East & Africa automotive telematics market is bifurcated into hardware and software & services. The hardware segment held 63.9% market share in 2022, amassing US$ 1,813.65 million. It is projected to garner US$ 5,182.10 million by 2030 to register 14.0% CAGR during 2022-2030. The hardware is further sub segmented into telematics control units, navigation system, in-vehicle infotainment units, and others.
In terms of connectivity, the Middle East & Africa automotive telematics market is categorized into integrated, tethered, and embedded. The embedded segment held 38.6% share of Middle East & Africa automotive telematics market in 2022, amassing US$ 1,095.23 million. It is anticipated to garner US$ 3,264.80 million by 2030 to expand at 14.6% CAGR during 2022-2030.
By vehicle type, the Middle East & Africa automotive telematics market is bifurcated into passenger cars and commercial cars. The passenger cars segment held 68.4% share of Middle East & Africa automotive telematics market in 2022, amassing US$ 1,939.84 million. It is projected to garner US$ 5,879.12 million by 2030 to expand at 14.9% CAGR from 2022 to 2030.
By application, the Middle East & Africa automotive telematics market is categorized into infotainment, remote diagnosis, navigation (GPS), safety and security, and others. The infotainment segment held 27.0% share of Middle East & Africa automotive telematics market in 2022, amassing US$ 764.74 million. It is anticipated to garner US$ 2,598.24 million by 2030 to expand at 16.5% CAGR during 2022-2030.
By country, the Middle East & Africa automotive telematics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 34.1% share of Middle East & Africa automotive telematics market in 2022. It was assessed at US$ 966.20 million in 2022 and is likely to hit US$ 3,003.60 million by 2030, registering a CAGR of 15.2% during 2022-2030.
Key players operating in the Middle East & Africa automotive telematics market are Verizon Communications Inc, ORBCOMM Inc, Trimble Inc, Valeo SE, TomTom NV, Denso Corp, Luxoft Switzerland AG, and Harman International Industries Inc, among others.
2022: ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, announced that it has added new feature enhancements to its data-driven truck telematics solution to improve the visibility, efficiency, safety and experience for fleets, drivers and their customers.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa automotive telematics market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa automotive telematics market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Automotive Telematics Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.3 List of Automotive Telematics companies and subscribers
5. Middle East & Africa Automotive Telematics Market- Key Industry Dynamics
5.1 Middle East & Africa Automotive Telematics Market- Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rising Automotive Sales and Production Globally
5.2.2 Increasing Installation of Telematic Devices by Automotive OEMs
5.2.3 Growing Demand for Vehicle Rental Services
5.2.4 The Rising Adoption of Fleet Management Solutions by the Transport and Logistics Sector
5.3 Market Restraints
5.3.1 Data Privacy and Security Concerns
5.3.2 High Initial Costs and Affordability Concerns
5.4 Market Opportunities
5.4.1 Increasing Adoption of Intelligent Telematic Solutions
5.5 Future Trends
5.5.1 Rising Adoption of Connected Cars
5.5.2 Mounting Adoption of IoT and AI in Fleet Management
5.6 Impact of Drivers and Restraints:
6. Automotive Telematics Market- Middle East & Africa Market Analysis
6.1 Middle East & Africa Automotive Telematics Market Revenue (US$ Million), 2022 – 2030
6.2 Middle East & Africa Automotive Telematics Market Forecast and Analysis
7. Middle East & Africa Automotive Telematics Market Analysis – Offering
7.1 Middle East & Africa Automotive Telematics Market, by Offering (2022 and 2030)
7.2 Hardware
7.2.1 Overview
7.2.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.2.3 Telematics Control Units
7.2.3.1 Overview
7.2.4 Navigation System
7.2.4.1 Overview
7.2.5 In-Vehicle Infotainment Systems
7.2.5.1 Overview
7.2.6 Others
7.2.6.1 Overview
7.3 Software and Services
7.3.1 Overview
7.3.2 Software and Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Automotive Telematics Market Analysis – Connectivity
8.1 Middle East & Africa Automotive Telematics Market, By Connectivity (2022 and 2030)
8.2 Integrated
8.2.1 Overview
8.2.2 Integrated Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Tethered
8.3.1 Overview
8.3.2 Tethered Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Embedded
8.4.1 Overview
8.4.2 Embedded Market, Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Automotive Telematics Market Analysis – Vehicle Type
9.1 Middle East & Africa Automotive Telematics Market, By Vehicle Type (2022 and 2030)
9.2 Passenger Cars
9.2.1 Overview
9.2.2 Passenger Cars Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Commercial Vehicles
9.3.1 Overview
9.3.2 Commercial Vehicles Market, Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Automotive Telematics Market Analysis – Application
10.1 Middle East & Africa Automotive Telematics Market, By Application (2022 and 2030)
10.2 Infotainment
10.2.1 Overview
10.2.2 Infotainment Market, Revenue and Forecast to 2030 (US$ Million)
10.3 Remote Diagnosis
10.3.1 Overview
10.3.2 Remote Diagnosis Market, Revenue and Forecast to 2030 (US$ Million)
10.4 Navigation (GPS)
10.4.1 Overview
10.4.2 Navigation (GPS) Market, Revenue and Forecast to 2030 (US$ Million)
10.5 Safety and Security
10.5.1 Overview
10.5.2 Safety and Security Market, Revenue and Forecast to 2030 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
11. Middle East & Africa Automotive Telematics Market – Country Analysis
11.1 Middle East & Africa
11.1.1 Middle East & Africa Automotive Telematics Market Revenue and Forecasts and Analysis – By Country
11.1.1.1 South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.1.1 South Africa: Middle East & Africa Automotive Telematics Market Breakdown by Offering
11.1.1.1.1.1 South Africa: Middle East & Africa Automotive Telematics Market Breakdown by Hardware
11.1.1.1.2 South Africa: Middle East & Africa Automotive Telematics Market Breakdown by Connectivity
11.1.1.1.3 South Africa: Middle East & Africa Automotive Telematics Market Breakdown by Vehicle Type
11.1.1.1.4 South Africa: Middle East & Africa Automotive Telematics Market Breakdown by Application
11.1.1.2 Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.2.1 Saudi Arabia: Middle East & Africa Automotive Telematics Market Breakdown by Offering
11.1.1.2.1.1 Saudi Arabia: Middle East & Africa Automotive Telematics Market Breakdown by Hardware
11.1.1.2.2 Saudi Arabia: Middle East & Africa Automotive Telematics Market Breakdown by Connectivity
11.1.1.2.3 Saudi Arabia: Middle East & Africa Automotive Telematics Market Breakdown by Vehicle Type
11.1.1.2.4 Saudi Arabia: Middle East & Africa Automotive Telematics Market Breakdown by Application
11.1.1.3 UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.3.1 UAE: Middle East & Africa Automotive Telematics Market Breakdown by Offering
11.1.1.3.1.1 UAE: Middle East & Africa Automotive Telematics Market Breakdown by Hardware
11.1.1.3.2 UAE: Middle East & Africa Automotive Telematics Market Breakdown by Connectivity
11.1.1.3.3 UAE: Middle East & Africa Automotive Telematics Market Breakdown by Vehicle Type
11.1.1.3.4 UAE: Middle East & Africa Automotive Telematics Market Breakdown by Application
11.1.1.4 Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.4.1 Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Breakdown by Offering
11.1.1.4.1.1 Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Breakdown by Hardware
11.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Breakdown by Connectivity
11.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Breakdown by Vehicle Type
11.1.1.4.4 Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Breakdown by Application
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Development
14. Company Profiles
14.1 Verizon Communications Inc
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 ORBCOMM Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Trimble Inc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Valeo SE
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 TomTom NV
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Denso Corp
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Luxoft Switzerland AG
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Harman International Industries Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 Word Index
15.2 About the Research Team
LIST OF TABLES
Table 1. Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
Table 2. Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 3. Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Connectivity
Table 4. Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Vehicle Type
Table 5. Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 6. South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 7. South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Hardware
Table 8. South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Connectivity
Table 9. South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Vehicle Type
Table 10. South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 11. Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 12. Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Hardware
Table 13. Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Connectivity
Table 14. Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Vehicle Type
Table 15. Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 16. UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 17. UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Hardware
Table 18. UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Connectivity
Table 19. UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Vehicle Type
Table 20. UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 21. Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Offering
Table 22. Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts To 2030 (US$ Mn) – Hardware
Table 23. Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Connectivity
Table 24. Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Vehicle Type
Table 25. Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 26. Heat Map Analysis by Key Players
Table 27. List of Abbreviation
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LIST OF FIGURES
Figure 1. Middle East & Africa Automotive Telematics Market Segmentation, By Country
Figure 2. Ecosystem: Middle East & Africa Automotive Telematics Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Automotive Telematics Market Revenue (US$ Million), 2022 – 2030
Figure 5. Middle East & Africa Automotive Telematics Market Share (%) – Offering, 2022 and 2030
Figure 6. Hardware Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Software and Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Middle East & Africa Automotive Telematics Market Share (%) – Connectivity, 2022 and 2030
Figure 9. Integrated Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Tethered Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Embedded Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Middle East & Africa Automotive Telematics Market Share (%) – Vehicle Type, 2022 and 2030
Figure 13. Passenger Cars Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Commercial Vehicles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Middle East & Africa Automotive Telematics Market Share (%) – Application, 2022 and 2030
Figure 16. Infotainment Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Remote Diagnosis Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Navigation (GPS) Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Safety and Security Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Middle East & Africa Automotive Telematics Market Breakdown by Key Country – Revenue (2022) (US$ Million)
Figure 22. Middle East & Africa Automotive Telematics Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 23. South Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Saudi Arabia: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. UAE: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Rest of Middle East & Africa: Middle East & Africa Automotive Telematics Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Company Positioning & Concentration
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The List of Companies – Middle East & Africa Automotive Telematics Market
1. Verizon Communications Inc
2. ORBCOMM Inc
3. Trimble Inc
4. Valeo SE
5. TomTom NV
6. Denso Corp
7. Luxoft Switzerland AG
8. Harman International Industries Inc
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