PUBLISHER: IMARC | PRODUCT CODE: 1729353
PUBLISHER: IMARC | PRODUCT CODE: 1729353
The Japan commercial telematics market size reached USD 1,681 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 6,128 Million by 2033, exhibiting a growth rate (CAGR) of 15.5% during 2025-2033.
Commercial telematics relies on an onboard diagnostic system and a Global Positioning System (GPS) to monitor the movement and location of a vehicle. It also depends on information from onboard sensors, such as braking system, vehicle speed, airbags, advanced driver assistance system (ADAS) and transmission control system. It provides technical services and solutions that aid in controlling a commercial vehicle via a telecommunication device. Presently, commercial telematics solutions are adopted by automobile insurance companies and fleet managers to determine the location and behavior of the vehicle across Japan.
The primary factor driving the commercial telematics market in Japan represents stringent safety regulations imposed by governing agencies to mandate commercial vehicle tracking. Moreover, the growing adoption of vehicles and the increasing emergence of the semiconductor industry is positively influencing the demand for high-end telematics services and connectivity solutions in the country. Besides this, the burgeoning transportation sector, in confluence with a high dependence on digital devices like tablets, laptops and smartphones, is impelling the market growth in Japan. Furthermore, several automobile manufacturers are integrating advanced connectivity solutions to provide accurate insights about vehicles. These advanced connectivity solutions help in enhancing vehicle efficiency, providing on-road assistance, facilitating smart routing and tracking, and improving the driver's overall experience. Apart from this, key players operating in the country are developing open-source frameworks for commercial telematics and Next-Generation Telematics Protocol (NGTP).
The competitive landscape of the industry has also been examined along with the profiles of the key players.