Report overview
Vehicle Telematics is a method of monitoring and harvesting data from any moving asset, like a car, truck, heavy equipment, or ship by using GPS and onboard diagnostics to record movements and vehicle condition at points in time.
This report aims to provide a comprehensive presentation of the global market for Vehicle Telematics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Telematics. This report contains market size and forecasts of Vehicle Telematics in global, including the following market information:
Global Vehicle Telematics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Vehicle Telematics market was valued at US$ 62130 million in 2022 and is projected to reach US$ 156110 million by 2029, at a CAGR of 14.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Vehicle Telematics key players include Aptiv PLC, LeasePlan, ALD Automotive, Visteon Corporation, Telefonica S.A, etc. Global top five manufacturers hold a share about 25%.
United States is the largest market, with a share about 35%, followed by Europe and China, both have a share about 40 percent.
In terms of product, Fleet/Asset Management is the largest segment, with a share about 40%. And in terms of application, the largest application is Passenger Vehicles, followed by Commercial Vehicles.
We surveyed the Vehicle Telematics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Telematics Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Vehicle Telematics Market Segment Percentages, by Type, 2022 (%)
Fleet/Asset Management
Navigation& Location Based Systems
Infotainment Systems
Insurance Telematics
Safety & Security
Remote Alarm & Incident Monitoring Solutions
V2X
Global Vehicle Telematics Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Vehicle Telematics Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicles
Commercial Vehicles
Global Vehicle Telematics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Vehicle Telematics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Telematics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Vehicle Telematics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aptiv PLC
LeasePlan
ALD Automotive
Visteon Corporation
Telefonica S.A
Vodafone Group Plc.
Alphabet
Robert Bosch Gmbh
Valeo S.A
Trimble
ARI
AT&T
Athlon
Omnitracs
Harman International industries
Octo
Emkay
TomTom
Continental
Michelin
Arvento
Mix Telematics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Telematics, market overview.
Chapter 2: Global Vehicle Telematics market size in revenue.
Chapter 3: Detailed analysis of Vehicle Telematics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle Telematics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
