Commercial Vehicle Telematics Market by Application, Type, and Geography - Global Forecast and Analysis 2019-2023

Commercial Vehicle Telematics Market by Application, Type, and Geography - Global Forecast and Analysis 2019-2023

Global Commercial Vehicle Telematics Market: About this market

Technavio’s commercial vehicle telematics market analysis considers sales from both embedded telematics, portable telematics, and smartphone-based telematics. Our analysis also considers the sales of commercial vehicle telematics in APAC, Europe, North America, South America, and MEA. In 2018, the embedded telematics segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing connectivity features in vehicles will play a significant role in the LCVs segment to maintain its market position. Also, our global commercial vehicle telematics market report looks at factors such as mounting cost pressure on fleet operators, the focus of traditional automotive suppliers on offering telematics, and favorable regulations driving the adoption of telematics. However, uncertainties in high cost associated with telematics services, dependence on many individual entities for offering telematics services, and privacy and hacking concerns associated with telematics systems may hamper the growth of the commercial vehicle telematics industry over the forecast period.

Global Commercial Vehicle Telematics Market: Overview

Focus of traditional automotive suppliers on offering telematic

The growing popularity of telematics services in the automotive industry is leading to the development of telematics solutions by traditional automotive suppliers. Traditional automotive suppliers are leveraging on benefits such as optimize fuel consumption, enhance fleet efficiency, and remotely monitor vehicle components along with focusing on offering advanced telematics solutions themselves to facilitate business expansion. Traditional players are actively involved in the development of advanced telematics solutions, such as prognostics systems, in the automotive industry. This will lead to the expansion of the global commercial vehicle telematics market at a CAGR of almost 21% during the forecast period.

Adoption of video-based telematics to precisely track driver behavior

Advanced automotive telematics solutions include video-based telematics, which has become essential in fleet management. Cameras have become an essential component in modern vehicles with automated systems. Video-based telematics will help fleet operators in mitigating human errors, reducing the chances of accidents. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global commercial vehicle telematics market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of a few major players, the global commercial vehicle telematics market is moderately concentrated. Technavio’s 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 vehicle telematics manufacturers, that include Bridgestone Corp., Continental AG, Geotab Inc., Omnitracs LLC, Trimble Inc., Verizon Communications Inc.

Also, the commercial vehicle telematics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Product overview
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive electronics market
      • Table Segments of global automotive electronics market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • LCVs - Market size and forecast 2018-2023
      • Table LCVs - Market size and forecast 2018-2023 ($ billions)
      • Table LCVs - Year-over-year growth 2019-2023 (%)
    • M&HCVs - Market size and forecast 2018-2023
      • Table M&HCVs - Market size and forecast 2018-2023 ($ billions)
      • Table M&HCVs - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Embedded telematics - Market size and forecast 2018-2023
      • Table Embedded telematics - Market size and forecast 2018-2023 ($ billions)
      • Table Embedded telematics - Year-over-year growth 2019-2023 (%)
    • Portable telematics - Market size and forecast 2018-2023
      • Table Portable telematics - Market size and forecast 2018-2023 ($ billions)
      • Table Portable telematics - Year-over-year growth 2019-2023 (%)
    • Smartphone-based telematics - Market size and forecast 2018-2023
      • Table Smartphone-based telematics - Market size and forecast 2018-2023 ($ billions)
      • Table Smartphone-based telematics - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • CV telematics to play crucial role in shift toward electric trucks
    • Adoption of video-based telematics to precisely track driver behavior
    • Growing popularity of UBI among fleet operators
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bridgestone Corp.
      • Table Bridgestone Corp. - Vendor overview
      • Table Bridgestone Corp. - Business segments
      • Table Bridgestone Corp. - Organizational developments
      • Table Bridgestone Corp. - Geographic focus
      • Table Bridgestone Corp. - Segment focus
      • Table Bridgestone Corp. - Key offerings
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • Geotab Inc.
      • Table Geotab Inc. - Vendor overview
      • Table Geotab Inc. - Product segments
      • Table Geotab Inc. - Organizational developments
      • Table Geotab Inc. - Key offerings
    • Omnitracs LLC
      • Table Omnitracs LLC - Vendor overview
      • Table Omnitracs LLC - Service segments
      • Table Omnitracs LLC - Organizational developments
      • Table Omnitracs LLC - Key offerings
    • Trimble Inc.
      • Table Trimble Inc. - Vendor overview
      • Table Trimble Inc. - Business segments
      • Table Trimble Inc. - Organizational developments
      • Table Trimble Inc. - Geographic focus
      • Table Trimble Inc. - Segment focus
      • Table Trimble Inc. - Key offerings
    • Verizon Communications Inc.
      • Table Verizon Communications Inc. - Vendor overview
      • Table Verizon Communications Inc. - Business segments
      • Table Verizon Communications Inc. - Organizational developments
      • Table Verizon Communications Inc. - Segment focus
      • Table Verizon Communications Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook