Global Fleet Telematics Systems Market 2025-2029

Fleet Telematics Systems Market 2025-2029

The fleet telematics systems market is forecasted to grow by USD 349357.6 mn during 2024-2029, accelerating at a CAGR of 31.9% during the forecast period. The 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing developments in oem-installed fleet telematics systems, increase in demand for advanced diagnostic technology in fleet telematics, and integration of video-based safety systems in fleet telematics for tracking driver behavior.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

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

By Type

• Aftermarket
• OEM

By Component

• Active
• Passive

By Application

• Fleet management
• Vehicle tracking
• Telematics insurance
• Remote diagnostics
• Driver behavior monitoring

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the increase in adoption of iot and fleet management telematics technologies as one of the prime reasons driving the fleet telematics systems market growth during the next few years. Also, adoption of 5g technology to gain prominence and growing adoption of telematics in autonomous vehicles will lead to sizable demand in the market.

The 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

The 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, Fleet Complete, Garmin Ltd., Geotab Inc., Inseego Corp., KORE Group Holdings Inc., Liebherr International AG, Michelin Group, Microlise Group Plc, MiX Telematics Ltd., Robert Bosch GmbH, Solera Holdings LLC, Sprint Group Holdings Ltd, Teletrac Navman US Ltd., 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 publisher 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 primary and secondary research. The 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. Show more