Global Fleet Telematics Systems Market 2023-2027

Global Fleet Telematics Systems Market 2023-2027

Technavio has been monitoring the fleet telematics systems market and it is poised to grow by $69.57 bn during 2023-2027, accelerating at a CAGR of 23.18% during the forecast period. Our report on the 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, the latest trends and drivers, and the overall market environment. The market is driven by benefits in terms of cost savings, fleet telematics system integrated with video-based safety system precisely tracks driver behavior, and government initiatives pushing the adoption of telematics systems.

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

By Type

  • Aftermarket fleet telematics systems
  • OEM fleet telematics systems
By Component
  • Active
  • Passive
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
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 the 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 report on the 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 Actsoft Inc., AT and T Inc., Bridgestone Corp, Continental AG, Danaher Corp., Fleet Complete, Garmin Ltd., Geotab Inc., Inseego Corp., KORE Wireless Group Inc., Liebherr International Deutschland GmbH, Michelin Group, Microlise Group Plc, MiX Telematics Ltd., Omnitracs LLC, Samsung Electronics Co. Ltd., Sprint Corp., Trimble Inc., Verizon Communications Inc., and Zoho Corp. Pvt. Ltd. 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 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 accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Component
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global fleet telematics systems market 2017 - 2021
      • Table Historic Market Size – Data Table on Global fleet telematics systems market 2017 – 2021 ($ billion)
    • Type Segment Analysis 2017 - 2021
      • Table Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • Component Segment Analysis 2017 - 2021
      • Table Historic Market Size – Component Segment 2017 - 2021 ($ billion)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Aftermarket fleet telematics systems - Market size and forecast 2022-2027
      • Table Chart on Aftermarket fleet telematics systems - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Aftermarket fleet telematics systems - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Aftermarket fleet telematics systems - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Aftermarket fleet telematics systems - Year-over-year growth 2022-2027 (%)
    • OEM fleet telematics systems - Market size and forecast 2022-2027
      • Table Chart on OEM fleet telematics systems - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on OEM fleet telematics systems - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on OEM fleet telematics systems - Year-over-year growth 2022-2027 (%)
      • Table Data Table on OEM fleet telematics systems - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
  • Market Segmentation by Component
    • Market segments
      • Table Chart on Component - Market share 2022-2027 (%)
      • Table Data Table on Component - Market share 2022-2027 (%)
    • Comparison by Component
      • Table Chart on Comparison by Component
      • Table Data Table on Comparison by Component
    • Active - Market size and forecast 2022-2027
      • Table Chart on Active - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Active - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Active - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Active - Year-over-year growth 2022-2027 (%)
    • Passive - Market size and forecast 2022-2027
      • Table Chart on Passive - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Passive - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Passive - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Passive - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Component
      • Table Market opportunity by Component ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Canada - Market size and forecast 2022-2027
      • Table Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • 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 data security issues
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • 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 Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Actsoft Inc.
      • Table Actsoft Inc. - Overview
      • Table Actsoft Inc. - Product / Service
      • Table Actsoft Inc. - Key offerings
    • AT and T Inc.
      • Table AT and T Inc. - Overview
      • Table AT and T Inc. - Business segments
      • Table AT and T Inc. - Key offerings
      • Table AT and 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 offerings
      • Table Continental AG - Segment focus
    • Danaher Corp.
      • Table Danaher Corp. - Overview
      • Table Danaher Corp. - Business segments
      • Table Danaher Corp. - Key news
      • Table Danaher Corp. - Key offerings
      • Table Danaher Corp. - Segment focus
    • Fleet Complete
      • Table Fleet Complete - Overview
      • Table Fleet Complete - Product / Service
      • Table Fleet Complete - Key offerings
    • Garmin Ltd.
      • Table Garmin Ltd. - Overview
      • Table Garmin Ltd. - Business segments
      • Table Garmin Ltd. - Key offerings
      • Table Garmin Ltd. - Segment focus
    • Geotab Inc.
      • Table Geotab Inc. - Overview
      • Table Geotab Inc. - Product / Service
      • Table Geotab Inc. - Key news
      • Table Geotab Inc. - Key offerings
    • Inseego Corp.
      • Table Inseego Corp. - Overview
      • Table Inseego Corp. - Product / Service
      • Table Inseego Corp. - 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 Plc
      • Table Microlise Group Plc - Overview
      • Table Microlise Group Plc - Product / Service
      • Table Microlise Group Plc - Key offerings
    • Omnitracs LLC
      • Table Omnitracs LLC - Overview
      • Table Omnitracs LLC - Product / Service
      • 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 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 offerings
      • Table Verizon Communications Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • 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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