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 Contents:

• 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

Number of Pages: 22

Published Date: November 2022

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