Global Fleet Telematics Systems Market 2020-2024

Global Fleet Telematics Systems Market 2020-2024

Technavio has been monitoring the fleet telematics systems market and it is poised to grow by $ 38.8 bn during 2020-2024

progressing at a CAGR of 23% during the forecast period. Our reports on fleet telematics systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the benefits in terms of cost savings, fleet telematics system integrated with video-based safety system precisely tracks driver behaviour, and government initiatives pushing adoption of telematics systems. In addition, the benefits in terms of cost savings is anticipated to boost the growth of the market as well.

The fleet telematics systems market analysis includes type segments and geographic landscapes

Technavio's fleet telematics systems market is segmented as below:

By Type

  • Aftermarket fleet telematics systems
  • OEM fleet telematics systems
By Geographic Landscape
  • North America
  • Europe
  • APAC
  • South America
  • MEA
This study identifies the growing developments in OEM fleet telematics systems as one of the prime reasons driving the fleet telematics systems market growth during the next few years. Also, advanced analytics usage to optimize vehicle efficiency and adoption of 5G technology to gain prominence will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our fleet telematics systems market covers the following areas:
  • Fleet telematics systems market sizing
  • Fleet telematics systems market forecast
  • Fleet telematics systems market industry analysis
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 fleet telematics systems market vendors that include AT&T Inc., Bridgestone Corp., Continental AG, Geotab Inc., Michelin Group, Microlise Group Ltd., Omnitracs LLC, Samsung Electronics Co. Ltd., Trimble Inc., and Verizon Communications Inc.. Also, the fleet telematics systems 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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Product / Service portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019 - 2024 ($ billion)
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • 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 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Aftermarket fleet telematics systems - Market size and forecast 2019-2024
      • Table Aftermarket fleet telematics systems - Market size and forecast 2019-2024 ($ billion)
      • Table Aftermarket fleet telematics systems - Year-over-year growth 2019-2024 (%)
    • OEM fleet telematics systems - Market size and forecast 2019-2024
      • Table OEM fleet telematics systems - Market size and forecast 2019-2024 ($ billion)
      • Table OEM fleet telematics systems - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Benefits in terms of cost savings
      • Fleet telematics system integrated with video-based safety system precisely tracks driver behavior
      • Government initiatives pushing adoption of telematics systems
    • Market challenges
      • High costs associated with fleet telematics systems
      • Dependence on many individual entities for telematics service offerings
      • Lack of regulations to explore the data security issues
        • Table Impact of drivers and challenges
    • Market trends
      • Growing developments in OEM fleet telematics systems
      • Advanced analytics usage to optimize vehicle efficiency
      • Adoption of 5G technology to gain prominence
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AT&T Inc.
      • Table AT&T Inc. - Overview
      • Table AT&T Inc. - Business segments
      • Table AT&T Inc. - Key news
      • Table AT&T Inc. - Key offerings
      • Table AT&T Inc. - Segment focus
    • Bridgestone Corp.
      • Table Bridgestone Corp. - Overview
      • Table Bridgestone Corp. - Business segments
      • Table Bridgestone Corp. - Key news
      • Table Bridgestone Corp. - Key offerings
      • Table Bridgestone Corp. - Segment focus
    • Continental AG
      • Table Continental AG - Overview
      • Table Continental AG - Business segments
      • Table Continental AG - Key news
      • Table Continental AG - Key offerings
      • Table Continental AG - Segment focus
    • Geotab Inc.
      • Table Geotab Inc. - Overview
      • Table Geotab Inc. - Product and service
      • Table Geotab Inc. - Key news
      • Table Geotab Inc. - Key offerings
    • Michelin Group
      • Table Michelin Group - Overview
      • Table Michelin Group - Business segments
      • Table Michelin Group - Key news
      • Table Michelin Group - Key offerings
      • Table Michelin Group - Segment focus
    • Microlise Group Ltd.
      • Table Microlise Group Ltd. - Overview
      • Table Microlise Group Ltd. - Product and service
      • Table Microlise Group Ltd. - Key news
      • Table Microlise Group Ltd. - Key offerings
    • Omnitracs LLC
      • Table Omnitracs LLC - Overview
      • Table Omnitracs LLC - Product and service
      • Table Omnitracs LLC - Key news
      • Table Omnitracs LLC - Key offerings
    • Samsung Electronics Co. Ltd.
      • Table Samsung Electronics Co. Ltd. - Overview
      • Table Samsung Electronics Co. Ltd. - Business segments
      • Table Samsung Electronics Co. Ltd. - Key news
      • Table Samsung Electronics Co. Ltd. - Key offerings
      • Table Samsung Electronics Co. Ltd. - Segment focus
    • Trimble Inc.
      • Table Trimble Inc. - Overview
      • Table Trimble Inc. - Business segments
      • Table Trimble Inc. - Key news
      • Table Trimble Inc. - Key offerings
      • Table Trimble Inc. - Segment focus
    • Verizon Communications Inc.
      • Table Verizon Communications Inc. - Overview
      • Table Verizon Communications Inc. - Business segments
      • Table Verizon Communications Inc. - Key news
      • Table Verizon Communications Inc. - Key offerings
      • Table Verizon Communications Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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