
Automotive Telematics Solution Market Report and Forecast 2025-2034
Description
The global automotive telematics solution market attained a value of nearly USD 15.80 Billion in 2024. The market is further expected to grow at a CAGR of 24.60% during the forecast period of 2025-2034 to reach a value of USD 142.51 Billion by 2034.
Global Automotive Telematics Solution Market Growth
Telematics is a way of monitoring a vehicle's location and movement by integrating GPS and onboard diagnostics devices. Recording the speed and internal behaviour of automobiles through GPS and diagnostics systems is boosting the demand for the automotive telematics solution market.
Telematics systems are mostly used by auto insurance companies, fleet management companies, and others to monitor a vehicle's position and behaviour and assist customers in keeping their vehicles safer, preventing them from becoming lost, and contacting roadside assistance.
Global Automotive Telematics Solution Market Analysis
Government regulations for vehicle telematics and the rise in the trend of connectivity solutions are among the primary factors driving the growth of the global automotive telematics solution market. The ease of vehicle diagnosis due to the telematics systems also propels the automotive telematics solution industry growth globally.
The growth of the automotive telematics solution market is also driven by technological advancements focusing on improving the passenger’s overall in-vehicle experience and allowing for more interactivity within and among other automobiles.
Global Automotive Telematics Solution Industry Outlook
The automotive telematics solution market trends and dynamics are shaped by growing EV sector. In 2019, EV sales were modest, with fewer than 2 million units sold. By 2021, EV sales had increased to approximately 7 million units, with the year-on-year (YoY) growth rate beginning to stabilise, reflecting more consistent adoption. In 2022, sales continued to grow, reaching around 8 million units, with the penetration rate steadily increasing. Sales are expected to increase to 10 million units in 2024 and 11 million units in 2025, with penetration rates nearing the 40% mark. This growth is anticipated to further drive the automotive telematics solution industry revenue, as telematics in EVs provides real-time data on battery health, energy consumption, and driving efficiency.
Continuous innovation in telematics technology enhances vehicle connectivity, safety, and efficiency, driving automotive telematics solution demand growth.
Teletrac Navman US Ltd
The EMR’s report titled “Automotive Telematics Solution Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Application
The global market is also expected to grow with the rising vehicle production and safety standards worldwide. Additionally, the rise in telematics software integration in autonomous and connected vehicles is expected to drive the growth of the automotive telematics solution industry. The consumer preference for advanced driver assistance systems in automobiles is expected to add to the growth of the automotive telematics solution market during the forecast period.
The demand for the automotive telematics solutions market is driven by vehicle tracking and fleet management. Vehicle tracking enhances security and route planning through real-time location monitoring and boosts efficiency by optimizing travel paths, reducing fuel consumption, and improving delivery times. It also enhances customer service with accurate updates and quick responses to issues.
Fleet management utilizes telematics to optimize operations, cut downtime, and reduce costs by improving route planning and maintenance scheduling. It also monitors fuel use and driver behaviour to save on fuel and repairs while promoting safety and compliance, further boosting automotive telematics solutions market revenue.
Leading Companies in the Automotive Telematics Solution Market
The companies specialise in fleet management and telematics solutions, providing advanced GPS tracking, vehicle diagnostics, and analytics. They improve business operations and safety by delivering real-time insights and data-driven solutions for fleet management across diverse industries.
Automotive Telematics Solution Market Size
Automotive Telematics Solution Market Growth
Automotive Telematics Solution Market Analysis
Automotive Telematics Solution Market Share
Automotive Telematics Solution Companies
Global Automotive Telematics Solution Market Growth
Telematics is a way of monitoring a vehicle's location and movement by integrating GPS and onboard diagnostics devices. Recording the speed and internal behaviour of automobiles through GPS and diagnostics systems is boosting the demand for the automotive telematics solution market.
Telematics systems are mostly used by auto insurance companies, fleet management companies, and others to monitor a vehicle's position and behaviour and assist customers in keeping their vehicles safer, preventing them from becoming lost, and contacting roadside assistance.
Global Automotive Telematics Solution Market Analysis
Government regulations for vehicle telematics and the rise in the trend of connectivity solutions are among the primary factors driving the growth of the global automotive telematics solution market. The ease of vehicle diagnosis due to the telematics systems also propels the automotive telematics solution industry growth globally.
The growth of the automotive telematics solution market is also driven by technological advancements focusing on improving the passenger’s overall in-vehicle experience and allowing for more interactivity within and among other automobiles.
Global Automotive Telematics Solution Industry Outlook
The automotive telematics solution market trends and dynamics are shaped by growing EV sector. In 2019, EV sales were modest, with fewer than 2 million units sold. By 2021, EV sales had increased to approximately 7 million units, with the year-on-year (YoY) growth rate beginning to stabilise, reflecting more consistent adoption. In 2022, sales continued to grow, reaching around 8 million units, with the penetration rate steadily increasing. Sales are expected to increase to 10 million units in 2024 and 11 million units in 2025, with penetration rates nearing the 40% mark. This growth is anticipated to further drive the automotive telematics solution industry revenue, as telematics in EVs provides real-time data on battery health, energy consumption, and driving efficiency.
Continuous innovation in telematics technology enhances vehicle connectivity, safety, and efficiency, driving automotive telematics solution demand growth.
- Increased consumer preference for advanced features such as navigation, real-time diagnostics, and infotainment systems fuels market expansion.
- Government regulations promoting vehicle safety and emissions control support the adoption of telematics solutions.
- Concerns about data privacy and cybersecurity can hinder consumer trust and adoption of telematics solutions.
- Integrating telematics solutions with existing vehicle systems and infrastructure can be technically challenging.
- The rise of autonomous and connected vehicles creates new avenues for telematics solutions and services.
- Collaborations between automotive manufacturers and technology providers can drive innovation and enhance market offerings.
- Evolving regulations and standards across different regions can complicate compliance and market entry.
- Economic downturns can reduce consumer spending on advanced telematics features and delay market growth.
Teletrac Navman US Ltd
- Enhanced AI-driven predictive maintenance capabilities.
- Introduced the next-gen fleet management software with advanced analytics to capture the automotive telematics solution market opportunities.
- Introduced the next-gen IoT-enabled vehicle tracking systems.
- Integrated advanced analytics for real-time fleet performance monitoring.
- Launched advanced AI-driven fleet management software.
- Partnered with major OEMs to integrate telematics solutions to meet the growing demand of the automotive telematics solution market.
- Launched advanced fleet tracking software with real-time analytics.
- Expanded telematics integration with third-party applications.
The EMR’s report titled “Automotive Telematics Solution Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Application
- Vehicle Tracking
- Fleet Management
- Satellite Navigation
- Vehicle Safety Communication
- Others
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Original Equipment Manufacturers (OEMs)
- Aftermarket
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The global market is also expected to grow with the rising vehicle production and safety standards worldwide. Additionally, the rise in telematics software integration in autonomous and connected vehicles is expected to drive the growth of the automotive telematics solution industry. The consumer preference for advanced driver assistance systems in automobiles is expected to add to the growth of the automotive telematics solution market during the forecast period.
The demand for the automotive telematics solutions market is driven by vehicle tracking and fleet management. Vehicle tracking enhances security and route planning through real-time location monitoring and boosts efficiency by optimizing travel paths, reducing fuel consumption, and improving delivery times. It also enhances customer service with accurate updates and quick responses to issues.
Fleet management utilizes telematics to optimize operations, cut downtime, and reduce costs by improving route planning and maintenance scheduling. It also monitors fuel use and driver behaviour to save on fuel and repairs while promoting safety and compliance, further boosting automotive telematics solutions market revenue.
Leading Companies in the Automotive Telematics Solution Market
The companies specialise in fleet management and telematics solutions, providing advanced GPS tracking, vehicle diagnostics, and analytics. They improve business operations and safety by delivering real-time insights and data-driven solutions for fleet management across diverse industries.
- Teletrac Navman US Ltd
- PowerFleet, Inc. (I.D. Systems, Inc.)
- Trimble Inc.
- Fleetmatics Pvt. Ltd
- Airbiquity Inc.
- Others
Automotive Telematics Solution Market Size
Automotive Telematics Solution Market Growth
Automotive Telematics Solution Market Analysis
Automotive Telematics Solution Market Share
Automotive Telematics Solution Companies
Table of Contents
175 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Automotive Telematics Solution Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Automotive Telematics Solution Historical Market (2018-2024)
- 5.3 Global Automotive Telematics Solution Market Forecast (2025-2034)
- 5.4 Global Automotive Telematics Solution Market by Application
- 5.4.1 Vehicle Tracking
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Fleet Management
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Satellite Navigation
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.4.4 Vehicle Safety Communication
- 5.4.4.1 Historical Trend (2018-2024)
- 5.4.4.2 Forecast Trend (2025-2034)
- 5.4.5 Others
- 5.5 Global Automotive Telematics Solution Market by Vehicle Type
- 5.5.1 Passenger Cars
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Light Commercial Vehicles
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Heavy Commercial Vehicles
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.6 Global Automotive Telematics Solution Market by Sales Channel
- 5.6.1 Original Equipment Manufacturer (OEMs)
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Aftermarket
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.7 Global Automotive Telematics Solution Market by Region
- 5.7.1 North America
- 5.7.1.1 Historical Trend (2018-2024)
- 5.7.1.2 Forecast Trend (2025-2034)
- 5.7.2 Europe
- 5.7.2.1 Historical Trend (2018-2024)
- 5.7.2.2 Forecast Trend (2025-2034)
- 5.7.3 Asia Pacific
- 5.7.3.1 Historical Trend (2018-2024)
- 5.7.3.2 Forecast Trend (2025-2034)
- 5.7.4 Latin America
- 5.7.4.1 Historical Trend (2018-2024)
- 5.7.4.2 Forecast Trend (2025-2034)
- 5.7.5 Middle East and Africa
- 5.7.5.1 Historical Trend (2018-2024)
- 5.7.5.2 Forecast Trend (2025-2034)
- 6 North America Automotive Telematics Solution Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Automotive Telematics Solution Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Automotive Telematics Solution Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Automotive Telematics Solution Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Automotive Telematics Solution Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Teletrac Navman US Ltd
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 PowerFleet, Inc. (I.D. Systems, Inc.)
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Trimble Inc.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Fleetmatics Pvt. Ltd
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Airbiquity Inc.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Others
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