
Telematics Market by Offerings (Hardware, Services, Software), Product Type (12v Plug-In Self-Installation Telematics Systems, Black Box Telematics Systems, Bluetooth Power Telematics System), Usability, End-User - Global Forecast 2024-2030
Description
Telematics Market by Offerings (Hardware, Services, Software), Product Type (12v Plug-In Self-Installation Telematics Systems, Black Box Telematics Systems, Bluetooth Power Telematics System), Usability, End-User - Global Forecast 2024-2030
The Telematics Market size was estimated at USD 169.45 billion in 2023 and expected to reach USD 192.75 billion in 2024, at a CAGR 14.12% to reach USD 427.40 billion by 2030.
Global Telematics MarketTelematics includes both telecommunications and information technology to receive, send, and store data to control remote objects. Telematics services include electrical engineering, vehicle technologies, and computer science due to the rising use of advanced technology. Telematics observing driving behavior, vehicular health, driving dynamics, and maintenance intervals can minimize unwanted incidents, such as accidents, speeding tickets, and downtime. The expansion of telematics solutions has increased due to the various initiatives the government has taken for on-road public safety. However, the high cost of implementation and maintenance and security and privacy concerns significantly impedes the adoption of telematics. In addition, ongoing technological advancements and the emerging use of artificial intelligence to help transform connected mobility into intelligent mobility further create robust opportunities for developing telematics solutions.
Regional Insights
In North America, the huge adoption of telematics by commercial vehicles and the healthcare sector, especially in the U.S., and government regulations further encourage telematics adoption. In January 2022, the U.S. Department of Air Force collaborated with Geotab to install fleet management telematics technology in more than 210,000 vehicles. In the Asia-Pacific countries such as China, Japan, and India, manufacturers were putting more effort into raising their products' relevance to customers and encouraging them to innovate products. As electric vehicles and autonomous vehicular technologies are gaining popularity, the automotive industry is witnessing the introduction of new electronic safety aids, such as Advanced Driver Assistance Systems (ADAS) and Mobility-as-a-Service providers (MaaS), increasing the need for telematics in this region. In Europe, safety regulations imposed by the government and awareness among people regarding road safety are expanding the utilization of telematics. Thus, the growing number of insurance telematics policies supports the growth of this region's telematics.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Telematics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Telematics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Telematics Market, highlighting leading vendors and their innovative profiles. These include AddSecure, Airbiquity Inc., AirIQ Inc., Alba Smart Automation Pvt. Ltd., American Portwell Technology, Inc., Arity, LLC, AT&T Inc., Azuga Inc. by Bridgestone Corporation, CalAmp Wireless Networks Corporation, Continental AG, D-Trust GmbH by Bundesdruckerei Group, Deutsche Telekom AG, Earnix, Fintech OS S.R.L, Garmin Ltd., Geotab Inc., GoFleet inc., Happiest Minds Technologies Ltd., Intel Corporation, Ituran Location and Control Ltd., LocoNav, Masternaut Limited, MetOcean Telematics, Motive Technologies, Inc., Omnitracs, LLC by Solera Group of Companies, Oracle Corporation, Qualcomm Technologies, Quartix Ltd., Robert Bosch GmbH, Samsara Inc., Samsung Electronics Co., Ltd., Tata Consultancy Services, Transpoco Telematics, Trimble Inc., Verizon Communications Inc., and Zubie, Inc..
Market Segmentation & Coverage
This research report categorizes the Telematics Market to forecast the revenues and analyze trends in each of the following sub-markets:
Offerings
Hardware
Services
Software
Product Type
12v Plug-In Self-Installation Telematics Systems
Black Box Telematics Systems
Bluetooth Power Telematics System
OBD-II Telematics System
OEM Hard-Wired Telematics Systems
Smartphone based Telematics System
Usability
Indoor
Outdoor
End-User
Aerospace & Defence
Automotive
BFSI
Government Agencies
Healthcare
Retail & Supply Chain Management
Travel & Tourism
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Telematics Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Telematics Market?
3. What are the technology trends and regulatory frameworks in the Telematics Market?
4. What is the market share of the leading vendors in the Telematics Market?
5. Which modes and strategic moves are suitable for entering the Telematics Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
189 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Telematics Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising automotive sales and registrations of vehicles worldwide
- 5.1.1.2. Strict government mandates for vehicle safety and use in government fleets management
- 5.1.1.3. Increasing use of telematics across healthcare and aerospace sector
- 5.1.2. Restraints
- 5.1.2.1. High cost of implementation and maintenance of telematics
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements and innovations in telematics
- 5.1.3.2. Increasing strategic alliances and investments among manufacturers of telematics
- 5.1.4. Challenges
- 5.1.4.1. Security and privacy concerns of telematics
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Telematics Market, by Offerings
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Services
- 6.4. Software
- 7. Telematics Market, by Product Type
- 7.1. Introduction
- 7.2. 12v Plug-In Self-Installation Telematics Systems
- 7.3. Black Box Telematics Systems
- 7.4. Bluetooth Power Telematics System
- 7.5. OBD-II Telematics System
- 7.6. OEM Hard-Wired Telematics Systems
- 7.7. Smartphone based Telematics System
- 8. Telematics Market, by Usability
- 8.1. Introduction
- 8.2. Indoor
- 8.3. Outdoor
- 9. Telematics Market, by End-User
- 9.1. Introduction
- 9.2. Aerospace & Defence
- 9.3. Automotive
- 9.4. BFSI
- 9.5. Government Agencies
- 9.6. Healthcare
- 9.7. Retail & Supply Chain Management
- 9.8. Travel & Tourism
- 10. Americas Telematics Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Telematics Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Telematics Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. Powerfleet to acquire telematics company and Swiss Re subsidiary Movingdots.
- 13.3.1.2. CMT acquires telematics company Amodo for European expansion.
- 13.3.1.3. ZF acquires Intellic to for next gen fleet connectivity for CVs.
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. Admiral and CMT team up to provide telematics-based offering to drivers of all ages.
- 13.3.3. New Product Launch & Enhancement
- 13.3.3.1. Rokbak enhances Haul Track telematics system.
- 13.3.3.2. Doosan Launches Smart X-Care, an Enhanced Telematics Monitoring Service.
- 13.3.4. Investment & Funding
- 13.3.4.1. Video telematics startup Lightmetrics raises USD 8.5M in a Series A round led by Sequoia Capital India.
- 13.3.4.2. Proemion Announces €33.5M (USD 33.01 milllion) Growth Investment from Global Technology Investment Firm Battery Ventures
- 13.3.5. Award, Recognition, & Expansion
- 13.3.5.1. Minda Corporation announces Agreement with LocoNav India For Telematics Software Solution.
- 13.3.5.2. Ctrack Becomes Inseego As Part Of Expansion Plans For The Telematics Business.
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. AddSecure
- 14.1.2. Airbiquity Inc.
- 14.1.3. AirIQ Inc.
- 14.1.4. Alba Smart Automation Pvt. Ltd.
- 14.1.5. American Portwell Technology, Inc.
- 14.1.6. Arity, LLC
- 14.1.7. AT&T Inc.
- 14.1.8. Azuga Inc. by Bridgestone Corporation
- 14.1.9. CalAmp Wireless Networks Corporation
- 14.1.10. Continental AG
- 14.1.11. D-Trust GmbH by Bundesdruckerei Group
- 14.1.12. Deutsche Telekom AG
- 14.1.13. Earnix
- 14.1.14. Fintech OS S.R.L
- 14.1.15. Garmin Ltd.
- 14.1.16. Geotab Inc.
- 14.1.17. GoFleet inc.
- 14.1.18. Happiest Minds Technologies Ltd.
- 14.1.19. Intel Corporation
- 14.1.20. Ituran Location and Control Ltd.
- 14.1.21. LocoNav
- 14.1.22. Masternaut Limited
- 14.1.23. MetOcean Telematics
- 14.1.24. Motive Technologies, Inc.
- 14.1.25. Omnitracs, LLC by Solera Group of Companies
- 14.1.26. Oracle Corporation
- 14.1.27. Qualcomm Technologies
- 14.1.28. Quartix Ltd.
- 14.1.29. Robert Bosch GmbH
- 14.1.30. Samsara Inc.
- 14.1.31. Samsung Electronics Co., Ltd.
- 14.1.32. Tata Consultancy Services
- 14.1.33. Transpoco Telematics
- 14.1.34. Trimble Inc.
- 14.1.35. Verizon Communications Inc.
- 14.1.36. Zubie, Inc.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. TELEMATICS MARKET RESEARCH PROCESS
- FIGURE 2. TELEMATICS MARKET SIZE, 2023 VS 2030
- FIGURE 3. TELEMATICS MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. TELEMATICS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. TELEMATICS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. TELEMATICS MARKET DYNAMICS
- FIGURE 7. TELEMATICS MARKET SIZE, BY OFFERINGS, 2023 VS 2030 (%)
- FIGURE 8. TELEMATICS MARKET SIZE, BY OFFERINGS, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. TELEMATICS MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2030 (%)
- FIGURE 10. TELEMATICS MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. TELEMATICS MARKET SIZE, BY USABILITY, 2023 VS 2030 (%)
- FIGURE 12. TELEMATICS MARKET SIZE, BY USABILITY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. TELEMATICS MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. TELEMATICS MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS TELEMATICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS TELEMATICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES TELEMATICS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES TELEMATICS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC TELEMATICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC TELEMATICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA TELEMATICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA TELEMATICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. TELEMATICS MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. TELEMATICS MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.