Automotive OEM Telematics Research Report 2024-2030: 3/4 Cars Sold in 2023 were Equipped with Embedded Telematics System, Apple CarPlay and Android Auto Driving Uptake of Smartphone Integr...
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance
Three out of four cars sold in 2023 were equipped with embedded telematics systems The Analyzer estimates that total shipments of embedded OEM telematics systems reached 59.3 million units worldwide in 2023. Growing at a compound annual growth rate of 6.9 percent, the shipments are expected to reach 82.9 million units in 2028. During the same time, the attach rate of embedded telematics units is forecasted to increase from about 75 percent in 2023 to 94 percent in 2028. The number of telematics subscribers using embedded systems is forecasted to grow at a compound annual growth rate of 14.6 percent from 239.7 million subscribers in 2023 to 473.8 million in 2028 Several categories of car telematics applications are now offered on a commercial basis by carmakers. Examples include eCall and roadside assistance, stolen vehicle tracking (SVT), vehicle diagnostics, over-the-air (OTA) updates, connected navigation and infotainment, entertainment services such as music and video streamin
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- 2024 Toyota Prius Vs 2025 Honda Civic Hybrid [Forbes]Forbes
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HMC
Sec Filings
- 10/2/24 - Form 6-K
- 9/18/24 - Form 6-K
- 9/17/24 - Form 6-K
- HMC's page on the SEC website