Global Commercial Telematics Market 2025-2029

Description

List of Tables

The commercial telematics market is forecasted to grow by USD 32,077.7 mn during 2024-2029, accelerating at a CAGR of 11.8% during the forecast period. The report on the commercial telematics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of driver assistance, globalization of telematics supply chains, and government initiatives encouraging use of telematics.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	10.1%
CAGR	11.8%
Incremental Value	$32,077.7 mn

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's commercial telematics market is segmented as below:

By Product

Solutions
Services

By Platform

Embedded systems
Tethered systems
Smartphone integration systems

By Solution

Fleet management
Vehicle tracking
Satellite navigation

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the advanced analytics on telematics data to reduce severity of risks as one of the prime reasons driving the commercial telematics market growth during the next few years. Also, optimized customer communication with insurance telematics and adoption of high bandwidth automotive networks will lead to sizable demand in the market.

The report on the commercial telematics market covers the following areas:

Commercial Telematics Market sizing
Commercial Telematics Market forecast
Commercial Telematics Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial telematics market vendors that include AB Volvo, Agero Inc., AT and T Inc., Bridgestone Corp., Continental AG, Fleet Complete, Geotab Inc., Mercedes Benz Group AG, Michelin Group, Microlise Group Plc, MiX Telematics Ltd., Navistar International Corp., OCTO Telematics S.p.A, Omnitracs LLC, Platform Science Inc., SmartDrive Systems Inc., Verizon Communications Inc., Visteon Corp., and Volkswagen AG. Also, the commercial telematics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41390

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Platform
- Executive Summary - Chart on Market Segmentation by Solution
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Commercial Telematics Market 2019 - 2023
- Historic Market Size - Data Table on Global Commercial Telematics Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Platform segment analysis 2019 - 2023
- Historic Market Size - Platform Segment 2019 - 2023 ($ million)
5.4 Solution segment analysis 2019 - 2023
- Historic Market Size - Solution Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on Global Commercial Telematics Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 Solutions - Market size and forecast 2024-2029
- Chart on Solutions - Market size and forecast 2024-2029 ($ million)
- Data Table on Solutions - Market size and forecast 2024-2029 ($ million)
- Chart on Solutions - Year-over-year growth 2024-2029 (%)
- Data Table on Solutions - Year-over-year growth 2024-2029 (%)
8.4 Services - Market size and forecast 2024-2029
- Chart on Services - Market size and forecast 2024-2029 ($ million)
- Data Table on Services - Market size and forecast 2024-2029 ($ million)
- Chart on Services - Year-over-year growth 2024-2029 (%)
- Data Table on Services - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

9 Market Segmentation by Platform

9.1 Market segments
- Chart on Platform - Market share 2024-2029 (%)
- Data Table on Platform - Market share 2024-2029 (%)
9.2 Comparison by Platform
- Chart on Comparison by Platform
- Data Table on Comparison by Platform
9.3 Embedded systems - Market size and forecast 2024-2029
- Chart on Embedded systems - Market size and forecast 2024-2029 ($ million)
- Data Table on Embedded systems - Market size and forecast 2024-2029 ($ million)
- Chart on Embedded systems - Year-over-year growth 2024-2029 (%)
- Data Table on Embedded systems - Year-over-year growth 2024-2029 (%)
9.4 Tethered systems - Market size and forecast 2024-2029
- Chart on Tethered systems - Market size and forecast 2024-2029 ($ million)
- Data Table on Tethered systems - Market size and forecast 2024-2029 ($ million)
- Chart on Tethered systems - Year-over-year growth 2024-2029 (%)
- Data Table on Tethered systems - Year-over-year growth 2024-2029 (%)
9.5 Smartphone integration systems - Market size and forecast 2024-2029
- Chart on Smartphone integration systems - Market size and forecast 2024-2029 ($ million)
- Data Table on Smartphone integration systems - Market size and forecast 2024-2029 ($ million)
- Chart on Smartphone integration systems - Year-over-year growth 2024-2029 (%)
- Data Table on Smartphone integration systems - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Platform
- Market opportunity by Platform ($ million)
- Data Table on Market opportunity by Platform ($ million)

10 Market Segmentation by Solution

10.1 Market segments
- Chart on Solution - Market share 2024-2029 (%)
- Data Table on Solution - Market share 2024-2029 (%)
10.2 Comparison by Solution
- Chart on Comparison by Solution
- Data Table on Comparison by Solution
10.3 Fleet management - Market size and forecast 2024-2029
- Chart on Fleet management - Market size and forecast 2024-2029 ($ million)
- Data Table on Fleet management - Market size and forecast 2024-2029 ($ million)
- Chart on Fleet management - Year-over-year growth 2024-2029 (%)
- Data Table on Fleet management - Year-over-year growth 2024-2029 (%)
10.4 Vehicle tracking - Market size and forecast 2024-2029
- Chart on Vehicle tracking - Market size and forecast 2024-2029 ($ million)
- Data Table on Vehicle tracking - Market size and forecast 2024-2029 ($ million)
- Chart on Vehicle tracking - Year-over-year growth 2024-2029 (%)
- Data Table on Vehicle tracking - Year-over-year growth 2024-2029 (%)
10.5 Satellite navigation - Market size and forecast 2024-2029
- Chart on Satellite navigation - Market size and forecast 2024-2029 ($ million)
- Data Table on Satellite navigation - Market size and forecast 2024-2029 ($ million)
- Chart on Satellite navigation - Year-over-year growth 2024-2029 (%)
- Data Table on Satellite navigation - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Solution
- Market opportunity by Solution ($ million)
- Data Table on Market opportunity by Solution ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.11 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.12 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
12.13 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
12.14 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
12.15 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.16 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.17 Mexico - Market size and forecast 2024-2029
- Chart on Mexico - Market size and forecast 2024-2029 ($ million)
- Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
- Chart on Mexico - Year-over-year growth 2024-2029 (%)
- Data Table on Mexico - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 AB Volvo
- AB Volvo - Overview
- AB Volvo - Business segments
- AB Volvo - Key news
- AB Volvo - Key offerings
- AB Volvo - Segment focus
- SWOT
15.5 Agero Inc.
- Agero Inc. - Overview
- Agero Inc. - Product / Service
- Agero Inc. - Key offerings
- SWOT
15.6 AT and T Inc.
- AT and T Inc. - Overview
- AT and T Inc. - Business segments
- AT and T Inc. - Key news
- AT and T Inc. - Key offerings
- AT and T Inc. - Segment focus
- SWOT
15.7 Bridgestone Corp.
- Bridgestone Corp. - Overview
- Bridgestone Corp. - Business segments
- Bridgestone Corp. - Key news
- Bridgestone Corp. - Key offerings
- Bridgestone Corp. - Segment focus
- SWOT
15.8 Continental AG
- Continental AG - Overview
- Continental AG - Business segments
- Continental AG - Key news
- Continental AG - Key offerings
- Continental AG - Segment focus
- SWOT
15.9 Fleet Complete
- Fleet Complete - Overview
- Fleet Complete - Product / Service
- Fleet Complete - Key offerings
- SWOT
15.10 Geotab Inc.
- Geotab Inc. - Overview
- Geotab Inc. - Product / Service
- Geotab Inc. - Key news
- Geotab Inc. - Key offerings
- SWOT
15.11 Mercedes Benz Group AG
- Mercedes Benz Group AG - Overview
- Mercedes Benz Group AG - Product / Service
- Mercedes Benz Group AG - Key offerings
- SWOT
15.12 Michelin Group
- Michelin Group - Overview
- Michelin Group - Business segments
- Michelin Group - Key news
- Michelin Group - Key offerings
- Michelin Group - Segment focus
- SWOT
15.13 Microlise Group Plc
- Microlise Group Plc - Overview
- Microlise Group Plc - Product / Service
- Microlise Group Plc - Key offerings
- SWOT
15.14 Omnitracs LLC
- Omnitracs LLC - Overview
- Omnitracs LLC - Product / Service
- Omnitracs LLC - Key offerings
- SWOT
15.15 Platform Science Inc.
- Platform Science Inc. - Overview
- Platform Science Inc. - Product / Service
- Platform Science Inc. - Key offerings
- SWOT
15.16 Verizon Communications Inc.
- Verizon Communications Inc. - Overview
- Verizon Communications Inc. - Business segments
- Verizon Communications Inc. - Key news
- Verizon Communications Inc. - Key offerings
- Verizon Communications Inc. - Segment focus
- SWOT
15.17 Visteon Corp.
- Visteon Corp. - Overview
- Visteon Corp. - Product / Service
- Visteon Corp. - Key news
- Visteon Corp. - Key offerings
- SWOT
15.18 Volkswagen AG
- Volkswagen AG - Overview
- Volkswagen AG - Business segments
- Volkswagen AG - Key news
- Volkswagen AG - Key offerings
- Volkswagen AG - Segment focus
- SWOT

16 Appendix

16.1 Scope of the report
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations