Electric Vehicle Telematics Market Forecasts to 2032 – Global Analysis By Component (Hardware, Software, and Services), Connectivity Solution (Embedded Telematics, Integrated Smartphone Telematics, and Tethered Telematics), Propulsion Type, Vehicle Type,
Description
According to Stratistics MRC, the Global Electric Vehicle Telematics Market is accounted for $15.1 billion in 2025 and is expected to reach $60.4 billion by 2032, growing at a CAGR of 21.9% during the forecast period. Electric vehicle telematics focuses on connected solutions that collect and analyze real-time data from EVs, including battery health, energy consumption, charging behavior, location, and driver patterns. It supports automakers, fleet operators, insurers, and service providers. Benefits include optimized charging and routing, extended battery life, reduced operating expenses, predictive maintenance, better user experience, and enhanced ability to integrate EVs into fleet strategies and energy systems.
Market Dynamics:
Driver:
Charging Infrastructure Integration
Telematics systems are increasingly being integrated with these networks, allowing drivers to locate available chargers, check real-time status, and facilitate seamless payment directly through their vehicle's infotainment system. This integration greatly lessens range anxiety and improves the overall user experience, making owning an electric vehicle more practical and appealing. Consequently, it drives higher adoption of telematics solutions that offer these essential connected services, directly fueling market growth.
Restraint:
High System Costs and Integration Complexity
A significant barrier to rapid adoption is the substantial initial investment required for telematics hardware and the complex process of integrating these systems with existing vehicle architectures and enterprise software. For fleet operators, this upfront cost can be prohibitive, especially for smaller companies. Additionally, the complexity often demands specialized technical expertise for installation and maintenance, creating further operational hurdles. This financial and technical burden can slow down market penetration, particularly in price-sensitive segments.
Opportunity:
Growth of Usage-Based Insurance
The rise of Usage-Based Insurance (UBI) presents a substantial growth avenue for telematics providers. Insurers are increasingly offering personalized premiums based on actual driving data such as mileage, braking habits, and time of day collected directly from telematics devices. This creates a compelling value proposition for consumers to adopt telematics in exchange for potential cost savings. Furthermore, it opens a new revenue stream for telematics companies
through partnerships with insurance firms, significantly expanding their market reach.
Threat:
Network Reliability Issues
The effectiveness of telematics is entirely dependent on consistent and robust cellular connectivity. Network latency, coverage gaps in rural or underground areas, and outright service outages can lead to critical data transmission failures. The result disrupts core functions like real-time vehicle tracking, remote diagnostics, and emergency response services. Such reliability issues can erode user trust in the technology, lead to service dissatisfaction, and ultimately pose a significant threat to market reputation and growth if not adequately addressed.
Covid-19 Impact:
The pandemic initially disrupted the EV telematics market through supply chain bottlenecks and a temporary decline in new vehicle production, delaying hardware installation. However, the crisis subsequently acted as a catalyst by accelerating the digital transformation of fleet management. With a heightened need for operational efficiency and contactless monitoring, businesses increasingly adopted telematics to optimize routes and manage remote assets. This shift in priority helped the market recover and positioned it for stronger growth in the post-pandemic era.
The hardware segment is expected to be the largest during the forecast period
The hardware segment is expected to account for the largest market share during the forecast period. The high initial unit cost of these components and their essential role in data acquisition from the vehicle contribute to its dominant market share. As telematics becomes a standard feature in new EVs, especially with mandates for embedded systems like eCall in Europe, the volume of hardware shipments continues to rise. This consistent installation base ensures the segment's continued revenue leadership.
The battery electric vehicles (BEV) segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the battery electric vehicles (BEV) segment is predicted to witness the highest growth rate due to its central role in global decarbonization strategies. BEVs inherently rely on sophisticated telematics for core functions like battery health monitoring, range prediction, and managing charging sessions. Also, government subsidies and aggressive plans by original equipment manufacturers (OEMs) to electrify their products are quickly boosting BEV sales. This direct correlation positions the BEV segment as the primary engine for telematics market expansion, outpacing other vehicle propulsion types significantly.
Region with largest share:
During the forecast period, the Europe region is expected to hold the largest market share. This leadership is anchored by stringent government regulations, such as the eCall mandate, which requires all new vehicles to have embedded telematics. Additionally, strong governmental support for EV adoption through subsidies and a rapidly expanding charging infrastructure creates a fertile environment. The presence of major automotive OEMs and a tech-savvy consumer base further consolidates Europe's position as the dominant revenue-generating region for EV telematics.
Region with highest CAGR:
During the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, fueled by the massive EV markets in China and India, where government initiatives and rising environmental consciousness are driving swift adoption. The region's dense urban populations create a strong use case for fleet telematics and connected car services. Furthermore, growing investments in local manufacturing and technological development are making telematics solutions more accessible, positioning Asia Pacific as the fastest-growing market.
Key players in the market
Some of the key players in Electric Vehicle Telematics Market include TomTom International BV, Robert Bosch GmbH, Continental AG, Trimble Inc., Geotab Inc., CSS Electronics, Intellicar Telematics Pvt. Ltd., Inventure Ltd., Agero, Inc., Airbiquity, Inc., Harman International, Siemens AG, Denso Corporation, Vishay Intertechnology Inc., Microchip Technology Inc., Renesas Electronics Corporation, and Azuga Inc.
Key Developments:
In September 2025, TomTom announced that its Orbis Maps now include over 2 million electric vehicle charging points worldwide, enhancing seamless EV navigation and charging information for connected vehicles.
In September 2025, Geotab announced that its platform can now connect directly to Tesla vehicles, enabling fleets to manage EVs via OEM-embedded telematics on a single connected-vehicle platform.
In July 2025, Agero announced its partnership with Polestar to deliver industry-leading roadside assistance to EV owners, leveraging Agero’s connected-platform data and EV service expertise to support electric-vehicle customers across the U.S.
In February 2024, Karma Automotive reported acquiring key assets and personnel from connected-vehicle pioneer Airbiquity, integrating its OTA and connected-vehicle software portfolio that historically powered EV and telematics services into Karma’s software-defined vehicle strategy.
Components Covered:
• Hardware
• Software
• Services
Connectivity Solutions Covered:
• Embedded Telematics
• Integrated Smartphone Telematics
• Tethered Telematics
Propulsion Types Covered:
• Battery Electric Vehicles (BEV)
• Plug-in Hybrid Electric Vehicles (PHEV)
• Fuel Cell Electric Vehicles (FCEV)
Vehicle Types Covered:
• Passenger Vehicles
• Commercial Vehicles
Applications Covered:
• Safety & Security
• Navigation & Infotainment
• Battery Management
• Remote Diagnostics & Alerts
• Fleet Management
• Insurance Telematics
• V2X Communication
Sales Channels Covered:
• OEM (Factory-Fitted)
• Aftermarket
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Market Dynamics:
Driver:
Charging Infrastructure Integration
Telematics systems are increasingly being integrated with these networks, allowing drivers to locate available chargers, check real-time status, and facilitate seamless payment directly through their vehicle's infotainment system. This integration greatly lessens range anxiety and improves the overall user experience, making owning an electric vehicle more practical and appealing. Consequently, it drives higher adoption of telematics solutions that offer these essential connected services, directly fueling market growth.
Restraint:
High System Costs and Integration Complexity
A significant barrier to rapid adoption is the substantial initial investment required for telematics hardware and the complex process of integrating these systems with existing vehicle architectures and enterprise software. For fleet operators, this upfront cost can be prohibitive, especially for smaller companies. Additionally, the complexity often demands specialized technical expertise for installation and maintenance, creating further operational hurdles. This financial and technical burden can slow down market penetration, particularly in price-sensitive segments.
Opportunity:
Growth of Usage-Based Insurance
The rise of Usage-Based Insurance (UBI) presents a substantial growth avenue for telematics providers. Insurers are increasingly offering personalized premiums based on actual driving data such as mileage, braking habits, and time of day collected directly from telematics devices. This creates a compelling value proposition for consumers to adopt telematics in exchange for potential cost savings. Furthermore, it opens a new revenue stream for telematics companies
through partnerships with insurance firms, significantly expanding their market reach.
Threat:
Network Reliability Issues
The effectiveness of telematics is entirely dependent on consistent and robust cellular connectivity. Network latency, coverage gaps in rural or underground areas, and outright service outages can lead to critical data transmission failures. The result disrupts core functions like real-time vehicle tracking, remote diagnostics, and emergency response services. Such reliability issues can erode user trust in the technology, lead to service dissatisfaction, and ultimately pose a significant threat to market reputation and growth if not adequately addressed.
Covid-19 Impact:
The pandemic initially disrupted the EV telematics market through supply chain bottlenecks and a temporary decline in new vehicle production, delaying hardware installation. However, the crisis subsequently acted as a catalyst by accelerating the digital transformation of fleet management. With a heightened need for operational efficiency and contactless monitoring, businesses increasingly adopted telematics to optimize routes and manage remote assets. This shift in priority helped the market recover and positioned it for stronger growth in the post-pandemic era.
The hardware segment is expected to be the largest during the forecast period
The hardware segment is expected to account for the largest market share during the forecast period. The high initial unit cost of these components and their essential role in data acquisition from the vehicle contribute to its dominant market share. As telematics becomes a standard feature in new EVs, especially with mandates for embedded systems like eCall in Europe, the volume of hardware shipments continues to rise. This consistent installation base ensures the segment's continued revenue leadership.
The battery electric vehicles (BEV) segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the battery electric vehicles (BEV) segment is predicted to witness the highest growth rate due to its central role in global decarbonization strategies. BEVs inherently rely on sophisticated telematics for core functions like battery health monitoring, range prediction, and managing charging sessions. Also, government subsidies and aggressive plans by original equipment manufacturers (OEMs) to electrify their products are quickly boosting BEV sales. This direct correlation positions the BEV segment as the primary engine for telematics market expansion, outpacing other vehicle propulsion types significantly.
Region with largest share:
During the forecast period, the Europe region is expected to hold the largest market share. This leadership is anchored by stringent government regulations, such as the eCall mandate, which requires all new vehicles to have embedded telematics. Additionally, strong governmental support for EV adoption through subsidies and a rapidly expanding charging infrastructure creates a fertile environment. The presence of major automotive OEMs and a tech-savvy consumer base further consolidates Europe's position as the dominant revenue-generating region for EV telematics.
Region with highest CAGR:
During the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, fueled by the massive EV markets in China and India, where government initiatives and rising environmental consciousness are driving swift adoption. The region's dense urban populations create a strong use case for fleet telematics and connected car services. Furthermore, growing investments in local manufacturing and technological development are making telematics solutions more accessible, positioning Asia Pacific as the fastest-growing market.
Key players in the market
Some of the key players in Electric Vehicle Telematics Market include TomTom International BV, Robert Bosch GmbH, Continental AG, Trimble Inc., Geotab Inc., CSS Electronics, Intellicar Telematics Pvt. Ltd., Inventure Ltd., Agero, Inc., Airbiquity, Inc., Harman International, Siemens AG, Denso Corporation, Vishay Intertechnology Inc., Microchip Technology Inc., Renesas Electronics Corporation, and Azuga Inc.
Key Developments:
In September 2025, TomTom announced that its Orbis Maps now include over 2 million electric vehicle charging points worldwide, enhancing seamless EV navigation and charging information for connected vehicles.
In September 2025, Geotab announced that its platform can now connect directly to Tesla vehicles, enabling fleets to manage EVs via OEM-embedded telematics on a single connected-vehicle platform.
In July 2025, Agero announced its partnership with Polestar to deliver industry-leading roadside assistance to EV owners, leveraging Agero’s connected-platform data and EV service expertise to support electric-vehicle customers across the U.S.
In February 2024, Karma Automotive reported acquiring key assets and personnel from connected-vehicle pioneer Airbiquity, integrating its OTA and connected-vehicle software portfolio that historically powered EV and telematics services into Karma’s software-defined vehicle strategy.
Components Covered:
• Hardware
• Software
• Services
Connectivity Solutions Covered:
• Embedded Telematics
• Integrated Smartphone Telematics
• Tethered Telematics
Propulsion Types Covered:
• Battery Electric Vehicles (BEV)
• Plug-in Hybrid Electric Vehicles (PHEV)
• Fuel Cell Electric Vehicles (FCEV)
Vehicle Types Covered:
• Passenger Vehicles
• Commercial Vehicles
Applications Covered:
• Safety & Security
• Navigation & Infotainment
• Battery Management
• Remote Diagnostics & Alerts
• Fleet Management
• Insurance Telematics
• V2X Communication
Sales Channels Covered:
• OEM (Factory-Fitted)
• Aftermarket
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Electric Vehicle Telematics Market, By Component
- 5.1 Introduction
- 5.2 Hardware
- 5.2.1 Telematics Control Unit (TCU)
- 5.2.2 Connectivity Modules
- 5.2.3 Sensors
- 5.3 Software
- 5.3.1 Fleet Management Software
- 5.3.2 Safety & Security Solutions
- 5.3.3 Navigation & Infotainment Systems
- 5.3.4 Battery Management & Monitoring Software
- 5.4 Services
- 5.4.1 Professional Services
- 5.4.2 Managed Services
- 6 Global Electric Vehicle Telematics Market, By Connectivity Solution
- 6.1 Introduction
- 6.2 Embedded Telematics
- 6.3 Integrated Smartphone Telematics
- 6.4 Tethered Telematics
- 7 Global Electric Vehicle Telematics Market, By Propulsion Type
- 7.1 Introduction
- 7.2 Battery Electric Vehicles (BEV)
- 7.3 Plug-in Hybrid Electric Vehicles (PHEV)
- 7.4 Fuel Cell Electric Vehicles (FCEV)
- 8 Global Electric Vehicle Telematics Market, By Vehicle Type
- 8.1 Introduction
- 8.2 Passenger Vehicles
- 8.3 Commercial Vehicles
- 8.3.1 Light Commercial Vehicles (LCV)
- 8.3.2 Heavy Commercial Vehicles (HCV)
- 9 Global Electric Vehicle Telematics Market, By Application
- 9.1 Introduction
- 9.2 Safety & Security
- 9.3 Navigation & Infotainment
- 9.4 Battery Management
- 9.5 Remote Diagnostics & Alerts
- 9.6 Fleet Management
- 9.7 Insurance Telematics
- 9.8 V2X Communication
- 10 Global Electric Vehicle Telematics Market, By Sales Channel
- 10.1 Introduction
- 10.2 OEM (Factory-Fitted)
- 10.3 Aftermarket
- 11 Global Electric Vehicle Telematics Market, By Geography
- 11.1 Introduction
- 11.2 North America
- 11.2.1 US
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 Italy
- 11.3.4 France
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 New Zealand
- 11.4.6 South Korea
- 11.4.7 Rest of Asia Pacific
- 11.5 South America
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Chile
- 11.5.4 Rest of South America
- 11.6 Middle East & Africa
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 Qatar
- 11.6.4 South Africa
- 11.6.5 Rest of Middle East & Africa
- 12 Key Developments
- 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.2 Acquisitions & Mergers
- 12.3 New Product Launch
- 12.4 Expansions
- 12.5 Other Key Strategies
- 13 Company Profiling
- 13.1 TomTom International BV
- 13.2 Robert Bosch GmbH
- 13.3 Continental AG
- 13.4 Trimble Inc.
- 13.5 Geotab Inc.
- 13.6 CSS Electronics
- 13.7 Intellicar Telematics Pvt. Ltd.
- 13.8 Inventure Ltd.
- 13.9 Agero, Inc.
- 13.10 Airbiquity, Inc.
- 13.11 Harman International
- 13.12 Siemens AG
- 13.13 Denso Corporation
- 13.14 Vishay Intertechnology Inc.
- 13.15 Microchip Technology Inc.
- 13.16 Renesas Electronics Corporation
- 13.17 Azuga Inc.
- List of Tables
- Table 1 Global Electric Vehicle Telematics Market Outlook, By Region (2024–2032) ($MN)
- Table 2 Global Electric Vehicle Telematics Market Outlook, By Component (2024–2032) ($MN)
- Table 3 Global Electric Vehicle Telematics Market Outlook, By Hardware (2024–2032) ($MN)
- Table 4 Global Electric Vehicle Telematics Market Outlook, By Telematics Control Unit (TCU) (2024–2032) ($MN)
- Table 5 Global Electric Vehicle Telematics Market Outlook, By Connectivity Modules (2024–2032) ($MN)
- Table 6 Global Electric Vehicle Telematics Market Outlook, By Sensors (2024–2032) ($MN)
- Table 7 Global Electric Vehicle Telematics Market Outlook, By Software (2024–2032) ($MN)
- Table 8 Global Electric Vehicle Telematics Market Outlook, By Fleet Management Software (2024–2032) ($MN)
- Table 9 Global Electric Vehicle Telematics Market Outlook, By Safety & Security Solutions (2024–2032) ($MN)
- Table 10 Global Electric Vehicle Telematics Market Outlook, By Navigation & Infotainment Systems (2024–2032) ($MN)
- Table 11 Global Electric Vehicle Telematics Market Outlook, By Battery Management & Monitoring Software (2024–2032) ($MN)
- Table 12 Global Electric Vehicle Telematics Market Outlook, By Services (2024–2032) ($MN)
- Table 13 Global Electric Vehicle Telematics Market Outlook, By Professional Services (2024–2032) ($MN)
- Table 14 Global Electric Vehicle Telematics Market Outlook, By Managed Services (2024–2032) ($MN)
- Table 15 Global Electric Vehicle Telematics Market Outlook, By Connectivity Solution (2024–2032) ($MN)
- Table 16 Global Electric Vehicle Telematics Market Outlook, By Embedded Telematics (2024–2032) ($MN)
- Table 17 Global Electric Vehicle Telematics Market Outlook, By Integrated Smartphone Telematics (2024–2032) ($MN)
- Table 18 Global Electric Vehicle Telematics Market Outlook, By Tethered Telematics (2024–2032) ($MN)
- Table 19 Global Electric Vehicle Telematics Market Outlook, By Propulsion Type (2024–2032) ($MN)
- Table 20 Global Electric Vehicle Telematics Market Outlook, By Battery Electric Vehicles (BEV) (2024–2032) ($MN)
- Table 21 Global Electric Vehicle Telematics Market Outlook, By Plug-in Hybrid Electric Vehicles (PHEV) (2024–2032) ($MN)
- Table 22 Global Electric Vehicle Telematics Market Outlook, By Fuel Cell Electric Vehicles (FCEV) (2024–2032) ($MN)
- Table 23 Global Electric Vehicle Telematics Market Outlook, By Vehicle Type (2024–2032) ($MN)
- Table 24 Global Electric Vehicle Telematics Market Outlook, By Passenger Vehicles (2024–2032) ($MN)
- Table 25 Global Electric Vehicle Telematics Market Outlook, By Commercial Vehicles (2024–2032) ($MN)
- Table 26 Global Electric Vehicle Telematics Market Outlook, By Light Commercial Vehicles (LCV) (2024–2032) ($MN)
- Table 27 Global Electric Vehicle Telematics Market Outlook, By Heavy Commercial Vehicles (HCV) (2024–2032) ($MN)
- Table 28 Global Electric Vehicle Telematics Market Outlook, By Application (2024–2032) ($MN)
- Table 29 Global Electric Vehicle Telematics Market Outlook, By Safety & Security (2024–2032) ($MN)
- Table 30 Global Electric Vehicle Telematics Market Outlook, By Navigation & Infotainment (2024–2032) ($MN)
- Table 31 Global Electric Vehicle Telematics Market Outlook, By Battery Management (2024–2032) ($MN)
- Table 32 Global Electric Vehicle Telematics Market Outlook, By Remote Diagnostics & Alerts (2024–2032) ($MN)
- Table 33 Global Electric Vehicle Telematics Market Outlook, By Fleet Management (2024–2032) ($MN)
- Table 34 Global Electric Vehicle Telematics Market Outlook, By Insurance Telematics (2024–2032) ($MN)
- Table 35 Global Electric Vehicle Telematics Market Outlook, By V2X Communication (2024–2032) ($MN)
- Table 36 Global Electric Vehicle Telematics Market Outlook, By Sales Channel (2024–2032) ($MN)
- Table 37 Global Electric Vehicle Telematics Market Outlook, By OEM (Factory-Fitted) (2024–2032) ($MN)
- Table 38 Global Electric Vehicle Telematics Market Outlook, By Aftermarket (2024–2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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