Report overview
Telematics is an interdisciplinary field that encompasses telecommunications, vehicular technologies, road transportation, road safety, electrical engineering (sensors, instrumentation, wireless communications, etc.), and computer science (multimedia, Internet, etc.)
This report aims to provide a comprehensive presentation of the global market for Commercial 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 Commercial Vehicle Telematics. This report contains market size and forecasts of Commercial Vehicle Telematics in global, including the following market information:
Global Commercial Vehicle Telematics Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Commercial Vehicle Telematics market was valued at US$ 13100 million in 2023 and is projected to reach US$ 38920 million by 2029, at a CAGR of 16.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Adoption of telematics enables UBI for insurance cost saving is major market driver.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Commercial 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 Commercial Vehicle Telematics Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Commercial Vehicle Telematics Market Segment Percentages, by Type, 2023 (%)
Hardware Equipment
Software System
Global Commercial Vehicle Telematics Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Commercial Vehicle Telematics Market Segment Percentages, by Application, 2023 (%)
Passenger Car
Commercial Vehicle
Global Commercial Vehicle Telematics Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Commercial Vehicle Telematics Market Segment Percentages, By Region and Country, 2023 (%)
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 Commercial Vehicle Telematics revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Commercial Vehicle Telematics revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
AirIQ
Cisco Systems
Daimler FleetBoard GmbH
DigiCore Holdings
Verizon Telematic
Garmin
MAN SE
Masternaut
MiX Telematics
Navman Wireless
Omnitracs
Scania SE
Telogis
TomTom NV
Trimble
Volvo Trucks
Outline of Major Chapters:
Chapter 1: Introduces the definition of Commercial Vehicle Telematics, market overview.
Chapter 2: Global Commercial Vehicle Telematics market size in revenue.
Chapter 3: Detailed analysis of Commercial 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 Commercial 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.
