TechNavio's analysts forecast the
Global Telematics market to grow at a CAGR of 22.67 percent CAGR percent over
the period 2012-2016. One of the key factors contributing to this market growth
is the increasing awareness of road safety. The Global Telematics market has
also been witnessing increased adoption of the voice recognition feature in
telematics systems. However, downward pricing pressure could pose a challenge
to the growth of this market.
To
Read the Complete Report with TOC Visit:
http://www.marketresearchreports.biz/analysis-details/global-telematics-market-2012-2016
TechNavio's report, the Global
Telematics Market 2012-2016, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the Global
Telematics market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this
space include BMW AG, Ford Motor Co., General Motors Co., Toyota Motor Corp.,
Delphi Automotive plc, Robert Bosch GmbH, Continental AG, WirelessCab AB.
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