China Telematics Service Providers (TSP) Market Report 2021: Focus on OEMs, Telecom Operators, Internet/Technology Companies, and Third-Party Platform Providers
DUBLIN, April 23, 2021 /PRNewswire/ -- The "China Research Report on Telematics Service Providers (TSP) and Their Products, 2021" report has been added to ResearchAndMarkets.com's offering.
Small and medium TSPs will fade away and TSP giants will come to the front
As the gateway for vehicle traffic flow, telematics service providers (TSP) are catering to the industrial change by constantly extending services content and boundaries, across fields from initial remote service to phone mirroring and connectivity, then to connected IVI system, finally to integrated telematics system covering people, vehicle and life.
For example, OEMs push for their partnerships with BATH, Pateo and more in their efforts to improve their ability to develop telematics and provide services, and work together with telecom operators to explore 5G + telematics application scenarios and application ecosystem. In the long run, the four major participants will integrate with each other across fields for win-win cooperation.
In future, China's TSP industry will head in the following directions:
3. OEMs-lead TSPs to provide better IVI system-centric services.
Currently, OEMs have found common ground on intelligent connectivity and digital transformation acceleration. To hold core technology and data, Geely, Great Wall Motor and Honda China have founded their telematics company independently or together with others, with IVI system at the core of their multi-directional deployments:
4. TSPs face intensified competition and a new reshuffle amid telematics industry change, with four or five giants expected to be born by 2025
It is predicted that by 2025, four or five bellwethers that have ability to develop full-stack telematics systems and link vehicles with V2X equipment facilities, earphones, watches, bracelets and various IoT (Internet of Things) device will come out. Small and medium TSPs will be edged out by TSP giants.
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SOURCE Research and Markets