Market Overview
According to DIResearch's in-depth investigation and research, the global Commercial Vehicle Internet of Vehicles market size will reach 25,366 Million USD in 2025 and is projected to reach 131,198 Million USD by 2032, with a CAGR of 26.46% (2025-2032). Notably, the China Commercial Vehicle Internet of Vehicles market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Commercial Vehicle Internet of Vehicles (IoV) refers to the integration of advanced connectivity, communication, and data exchange technologies in commercial vehicles to enable seamless interaction with other vehicles, infrastructure, and the cloud. IoV in commercial vehicles facilitates real-time data collection, analysis, and sharing, allowing fleet operators and businesses to optimize vehicle performance, enhance safety, and improve overall operational efficiency. It enables the integration of various smart features such as GPS tracking, remote diagnostics, predictive maintenance, driver behavior monitoring, and real-time route optimization. With the help of sensors and onboard communication devices, commercial vehicles can exchange information with each other and the surrounding infrastructure, enabling them to respond proactively to road conditions, traffic congestion, and potential hazards. By leveraging IoV technology, commercial fleet operators can reduce fuel consumption, minimize maintenance costs, enhance fleet safety, and provide better customer service. Ultimately, Commercial Vehicle IoV plays a crucial role in transforming the transportation industry by enabling intelligent and connected fleets that contribute to a more sustainable and efficient mobility ecosystem.
The major global suppliers of Commercial Vehicle Internet of Vehicles include Solera, Teletrac Navman, Verizon Connect, Dynafleet, Fleetboard, Webfleet Solutions, MAN Telematics, Beijing Huitong, AT&T, Trimble, MiX Telematics, Faw Jiefang, Microlise Limited, ITURAN, Beijing ITINK, NavInfo, Yutong, Astrata, PowerFleet, ORBCOMM, Xiamen Kinglong, Deewin Tianxia, GPS Insight, Beijing Sinoiov, ISR Corporation, LogisFleet, Qiming Information, Beijing Yesway, Inseego, Dongfeng Trucks, CNHTC, Network Fleet, Street Eagle, LoJack Corporation, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Commercial Vehicle Internet of Vehicles. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Commercial Vehicle Internet of Vehicles market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Commercial Vehicle Internet of Vehicles market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Commercial Vehicle Internet of Vehicles industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Commercial Vehicle Internet of Vehicles Include:
Solera
Teletrac Navman
Verizon Connect
Dynafleet
Fleetboard
Webfleet Solutions
MAN Telematics
Beijing Huitong
AT&T
Trimble
MiX Telematics
Faw Jiefang
Microlise Limited
ITURAN
Beijing ITINK
NavInfo
Yutong
Astrata
PowerFleet
ORBCOMM
Xiamen Kinglong
Deewin Tianxia
GPS Insight
Beijing Sinoiov
ISR Corporation
LogisFleet
Qiming Information
Beijing Yesway
Inseego
Dongfeng Trucks
CNHTC
Network Fleet
Street Eagle
LoJack Corporation
Commercial Vehicle Internet of Vehicles Product Segment Include:
V2V Platform
V2I Platform
V2P Platform
V2N Platform
Commercial Vehicle Internet of Vehicles Product Application Include:
Automotive Logistics
E-commerce Logistics
Chemical Transportation
Cold Chain Transportation
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Commercial Vehicle Internet of Vehicles Industry PESTEL Analysis
Chapter 3: Global Commercial Vehicle Internet of Vehicles Industry Porter's Five Forces Analysis
Chapter 4: Global Commercial Vehicle Internet of Vehicles Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Commercial Vehicle Internet of Vehicles Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Commercial Vehicle Internet of Vehicles Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Commercial Vehicle Internet of Vehicles Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
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