The global vehicle telematics market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for connected vehicles and growing need for safety and security features in vehicles. The fleet management segment is expected to dominate the market with a share of over 50%.
Fleet Management: Fleet management solutions are used by organizations to monitor their fleet of vehicles, which includes monitoring fuel consumption, engine performance, driver behavior and other parameters. These solutions are used by organizations such as taxi companies, courier services and logistics providers who have large fleets of vehicles that they need to monitor on a regular basis. This segment accounted for over 50% share in the global vehicle telematics market in 2018 owing to its wide applicability across various industries.
Navigation & Location Based Systems: Navigation systems provide navigation information such as directions or traffic information while location based systems provide real-time data about the location of a vehicle or asset using GPS technology or other methods like RFID tags or Wi-Fi signals from nearby devices like cell towers or Wi-Fi hotspots. This segment accounted for over 30% share in the global vehicle telematics market in 2018 owing to its wide applicability across various industries including passenger cars, commercial trucks and buses among others.
- The increasing number of vehicles on the road.
- The need for more efficient and safer driving.
- The need for better fuel efficiency.
- The need to reduce traffic congestion.
- Increasing demand for connected cars.
Industry Growth Insights published a new data on “Vehicle Telematics Market”. The research report is titled “Vehicle Telematics Market research by Types (Fleet/Asset Management, Navigation& Location Based Systems, Infotainment Systems, Insurance Telematics, Safety & Security, Remote Alarm & Incident Monitoring Solutions, V2X), By Applications (Passenger Vehicles, Commercial Vehicles, ), By Players/Companies 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, ”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Telematics Market Research Report
By Type
Fleet/Asset Management, Navigation& Location Based Systems, Infotainment Systems, Insurance Telematics, Safety & Security, Remote Alarm & Incident Monitoring Solutions, V2X
By Application
Passenger Vehicles, Commercial Vehicles,
By Companies
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,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Telematics Market Report Segments:
The global Vehicle Telematics market is segmented on the basis of:
Types
Fleet/Asset Management, Navigation& Location Based Systems, Infotainment Systems, Insurance Telematics, Safety & Security, Remote Alarm & Incident Monitoring Solutions, V2X
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Vehicle Telematics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fleet/Asset Management
- Navigation& Location Based Systems
- Infotainment Systems
- Insurance Telematics
- Safety & Security
- Remote Alarm & Incident Monitoring Solutions
- V2X
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vehicle Telematics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vehicle telematics is the use of telecommunications technology in vehicles to provide drivers and passengers with real-time information about their vehicle, including location, speed, and other system status. Vehicle telematics can also allow for remote maintenance and management of a vehicle's systems.
Some of the major players in the vehicle telematics market are 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.
The vehicle telematics market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Telematics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vehicle Telematics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Telematics Market - Supply Chain
4.5. Global Vehicle Telematics Market Forecast
4.5.1. Vehicle Telematics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Telematics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Telematics Market Absolute $ Opportunity
5. Global Vehicle Telematics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vehicle Telematics Market Size and Volume Forecast by Type
5.3.1. Fleet/Asset Management
5.3.2. Navigation& Location Based Systems
5.3.3. Infotainment Systems
5.3.4. Insurance Telematics
5.3.5. Safety & Security
5.3.6. Remote Alarm & Incident Monitoring Solutions
5.3.7. V2X
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Telematics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vehicle Telematics Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Telematics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vehicle Telematics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vehicle Telematics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vehicle Telematics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vehicle Telematics Demand Share Forecast, 2019-2026
9. North America Vehicle Telematics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vehicle Telematics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vehicle Telematics Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Telematics Market Size and Volume Forecast by Type
9.7.1. Fleet/Asset Management
9.7.2. Navigation& Location Based Systems
9.7.3. Infotainment Systems
9.7.4. Insurance Telematics
9.7.5. Safety & Security
9.7.6. Remote Alarm & Incident Monitoring Solutions
9.7.7. V2X
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vehicle Telematics Demand Share Forecast, 2019-2026
10. Latin America Vehicle Telematics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vehicle Telematics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vehicle Telematics Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Telematics Market Size and Volume Forecast by Type
10.7.1. Fleet/Asset Management
10.7.2. Navigation& Location Based Systems
10.7.3. Infotainment Systems
10.7.4. Insurance Telematics
10.7.5. Safety & Security
10.7.6. Remote Alarm & Incident Monitoring Solutions
10.7.7. V2X
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vehicle Telematics Demand Share Forecast, 2019-2026
11. Europe Vehicle Telematics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vehicle Telematics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vehicle Telematics Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Telematics Market Size and Volume Forecast by Type
11.7.1. Fleet/Asset Management
11.7.2. Navigation& Location Based Systems
11.7.3. Infotainment Systems
11.7.4. Insurance Telematics
11.7.5. Safety & Security
11.7.6. Remote Alarm & Incident Monitoring Solutions
11.7.7. V2X
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vehicle Telematics Demand Share, 2019-2026
12. Asia Pacific Vehicle Telematics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vehicle Telematics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vehicle Telematics Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Telematics Market Size and Volume Forecast by Type
12.7.1. Fleet/Asset Management
12.7.2. Navigation& Location Based Systems
12.7.3. Infotainment Systems
12.7.4. Insurance Telematics
12.7.5. Safety & Security
12.7.6. Remote Alarm & Incident Monitoring Solutions
12.7.7. V2X
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vehicle Telematics Demand Share, 2019-2026
13. Middle East & Africa Vehicle Telematics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vehicle Telematics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vehicle Telematics Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Telematics Market Size and Volume Forecast by Type
13.7.1. Fleet/Asset Management
13.7.2. Navigation& Location Based Systems
13.7.3. Infotainment Systems
13.7.4. Insurance Telematics
13.7.5. Safety & Security
13.7.6. Remote Alarm & Incident Monitoring Solutions
13.7.7. V2X
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vehicle Telematics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Telematics Market: Market Share Analysis
14.2. Vehicle Telematics Distributors and Customers
14.3. Vehicle Telematics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aptiv PLC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LeasePlan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ALD Automotive
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Visteon Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Telefonica S.A
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vodafone Group Plc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alphabet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Robert Bosch Gmbh
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Valeo S.A
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trimble
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ARI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AT&T
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Athlon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Omnitracs
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Harman International industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Octo
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Emkay
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. TomTom
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Continental
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Michelin
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
