This Vehicle Analytics report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The vehicle analytics market size has grown exponentially in recent years. It will grow from $3.83 billion in 2024 to $4.65 billion in 2025 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to telematics adoption, safety and security concerns, predictive maintenance, regulatory compliance, urbanization and traffic management.
The vehicle analytics market size is expected to see exponential growth in the next few years. It will grow to $10.4 billion in 2029 at a compound annual growth rate (CAGR) of 22.3%. The growth in the forecast period can be attributed to autonomous vehicle development, environmental sustainability, focus on driver and passenger experience, consumer demand for advanced features, shift towards mobility services. Major trends in the forecast period include rise of connected vehicles, telematics integration, fuel efficiency optimization, integration with fleet management solutions, smart cities and traffic management, collaboration with OEMs and automotive suppliers.
The increasing prevalence of connected vehicles is playing a significant role in the expansion of the vehicle analytics market. Connected vehicles are designed to connect with nearby devices and communicate over networks. The rise in connected vehicles is driving the demand for vehicle analytics to provide various features such as warranty analytics, predictive maintenance, and dealer performance analysis. For example, in January 2023, data from Cubic Telecom, an Ireland-based software-defined connected vehicle (SDCV) solutions company, indicated that connected vehicles are expected to experience an impressive 91% growth from 2023 to 2027, with advanced driver assistance systems (ADAS) and infotainment systems at the forefront of this growth. Consequently, the increasing dominance of connected vehicles is anticipated to further boost the vehicle analytics market.
The vehicle analytics market is poised for growth due to the escalating demand for usage-based insurance (UBI). UBI is an auto insurance type that calculates premiums based on actual vehicle usage data, such as mileage, speed, and driving patterns, collected from a vehicle's telematics system. Vehicle analytics play a crucial role in UBI by collecting and analyzing data from the telematics system. A survey by Trakm8 found that 69% of UK drivers anticipate driving more miles in 2023 than the previous year, with 58% considering telematics insurance policies to reduce associated costs. Hence, the increasing demand for UBI is expected to contribute to the growth of the vehicle analytics market.
Technological advancements are significantly influencing the vehicle analytics market. Artificial intelligence and machine learning technologies within vehicle analytics enhance and accelerate decision-making processes, as well as predict vehicle health and driving behaviors. Key players in the market are introducing advanced technologies to deliver real-time feedback to drivers. For example, in August 2024, INRIX, Inc., a US-based company specializing in real-time traffic information and connected driving services, launched INRIX IQ Curb Analytics. This solution provides features such as citywide curbside visualization, real-time and predictive data on curb occupancy, and integration with over 400 micromobility data sources. This enables cities to optimize curb space usage for parking, deliveries, and public transportation. Its importance lies in its ability to enhance urban mobility, alleviate congestion, and improve accessibility by offering a comprehensive digital overview of curb usage and facilitating data analysis.
Companies in the vehicle analytics industry are adopting a strategic collaboration approach to provide integrated solutions leveraging data for enhanced vehicle performance and safety. An example is the collaboration between Amazon. com Inc. and Stellantis N. V., aiming to introduce customer-centric connected experiences across millions of vehicles. This collaboration seeks to deploy Amazon's technology and software expertise to enhance vehicle development, connected in-vehicle experiences, and the training of automotive software engineers within the Stellantis organization.
In February 2024, Motorq, Inc., a US-based cloud software company, formed a partnership with BMW Group to deliver impactful insights to a broader global customer base. This collaboration aims to offer innovative data solutions for fleet management, focusing on improving driver safety, vehicle health assessments, and facilitating the transition to electric vehicles, while also enhancing vehicle insights. The Connected Vehicle Platform allows for hardware-free access to BMW data, enabling efficient fleet monitoring. BMW Group is a Germany-based provider of premium cars and motorcycles, as well as premium financial and mobility services.
Major companies operating in the vehicle analytics market include SAP SE, International Business Machines Corporation, Microsoft Corporation, Genetec Inc., Cloud Made Ltd., Harman International Industries Inc., Teletrac Navman, Agnik LL, Pivotal Software Inc., SAS Institute Inc., Acerta Systems Analytics Inc., Amodo Ltd., INRIX Inc., Inseego Corp., Automotive Resources International Fleet Management Company, Continental AG, Google Inc., Cisco Systems Inc., Drust Vehicle Analytics, Sight Machine Inc., Fair Isaac Corporation, Bosch Software Innovations GmbH, Experian plc, WABCO Holdings Inc., Trimble Inc., TomTom International B. V., Airbiquity Inc., Oracle Corporation, Mix Telematics Ltd.
North America was the largest region in the vehicle analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vehicle analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vehicle analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
Vehicle analytics is an analytical technique that encompasses road condition inspection, vehicle counting, tracking, speed detection, incorrect direction detection, and brand detection. It enables the real-time tracking of information from vehicles, providing insights into the current state of the vehicle and related operating activities.
The main components of vehicle analytics include software and services. Vehicle analytics software comprises programs designed to analyze data and information collected from smart vehicles. Deployment can be on-premises or on-demand. Vehicle analytics find applications in various areas, including predictive maintenance, warranty analytics, traffic management, safety and security management, driver and user behavior analysis, dealer performance analysis, infotainment, usage-based insurance, and road charging. End-users of vehicle analytics include original equipment manufacturers (OEMs), service providers, automotive dealers, fleet owners, regulatory bodies, and insurers.
The vehicle analytics market research report is one of a series of new reports that provides vehicle analytics market statistics, including vehicle analytics industry global market size, regional shares, competitors with a vehicle analytics market share, detailed vehicle analytics market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle analytics industry. This vehicle analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vehicle analytics market includes revenues earned by entities by providing quality improvement, logistics streamline services, customer services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vehicle analytics market size has grown exponentially in recent years. It will grow from $3.83 billion in 2024 to $4.65 billion in 2025 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to telematics adoption, safety and security concerns, predictive maintenance, regulatory compliance, urbanization and traffic management.
The vehicle analytics market size is expected to see exponential growth in the next few years. It will grow to $10.4 billion in 2029 at a compound annual growth rate (CAGR) of 22.3%. The growth in the forecast period can be attributed to autonomous vehicle development, environmental sustainability, focus on driver and passenger experience, consumer demand for advanced features, shift towards mobility services. Major trends in the forecast period include rise of connected vehicles, telematics integration, fuel efficiency optimization, integration with fleet management solutions, smart cities and traffic management, collaboration with OEMs and automotive suppliers.
The increasing prevalence of connected vehicles is playing a significant role in the expansion of the vehicle analytics market. Connected vehicles are designed to connect with nearby devices and communicate over networks. The rise in connected vehicles is driving the demand for vehicle analytics to provide various features such as warranty analytics, predictive maintenance, and dealer performance analysis. For example, in January 2023, data from Cubic Telecom, an Ireland-based software-defined connected vehicle (SDCV) solutions company, indicated that connected vehicles are expected to experience an impressive 91% growth from 2023 to 2027, with advanced driver assistance systems (ADAS) and infotainment systems at the forefront of this growth. Consequently, the increasing dominance of connected vehicles is anticipated to further boost the vehicle analytics market.
The vehicle analytics market is poised for growth due to the escalating demand for usage-based insurance (UBI). UBI is an auto insurance type that calculates premiums based on actual vehicle usage data, such as mileage, speed, and driving patterns, collected from a vehicle's telematics system. Vehicle analytics play a crucial role in UBI by collecting and analyzing data from the telematics system. A survey by Trakm8 found that 69% of UK drivers anticipate driving more miles in 2023 than the previous year, with 58% considering telematics insurance policies to reduce associated costs. Hence, the increasing demand for UBI is expected to contribute to the growth of the vehicle analytics market.
Technological advancements are significantly influencing the vehicle analytics market. Artificial intelligence and machine learning technologies within vehicle analytics enhance and accelerate decision-making processes, as well as predict vehicle health and driving behaviors. Key players in the market are introducing advanced technologies to deliver real-time feedback to drivers. For example, in August 2024, INRIX, Inc., a US-based company specializing in real-time traffic information and connected driving services, launched INRIX IQ Curb Analytics. This solution provides features such as citywide curbside visualization, real-time and predictive data on curb occupancy, and integration with over 400 micromobility data sources. This enables cities to optimize curb space usage for parking, deliveries, and public transportation. Its importance lies in its ability to enhance urban mobility, alleviate congestion, and improve accessibility by offering a comprehensive digital overview of curb usage and facilitating data analysis.
Companies in the vehicle analytics industry are adopting a strategic collaboration approach to provide integrated solutions leveraging data for enhanced vehicle performance and safety. An example is the collaboration between Amazon. com Inc. and Stellantis N. V., aiming to introduce customer-centric connected experiences across millions of vehicles. This collaboration seeks to deploy Amazon's technology and software expertise to enhance vehicle development, connected in-vehicle experiences, and the training of automotive software engineers within the Stellantis organization.
In February 2024, Motorq, Inc., a US-based cloud software company, formed a partnership with BMW Group to deliver impactful insights to a broader global customer base. This collaboration aims to offer innovative data solutions for fleet management, focusing on improving driver safety, vehicle health assessments, and facilitating the transition to electric vehicles, while also enhancing vehicle insights. The Connected Vehicle Platform allows for hardware-free access to BMW data, enabling efficient fleet monitoring. BMW Group is a Germany-based provider of premium cars and motorcycles, as well as premium financial and mobility services.
Major companies operating in the vehicle analytics market include SAP SE, International Business Machines Corporation, Microsoft Corporation, Genetec Inc., Cloud Made Ltd., Harman International Industries Inc., Teletrac Navman, Agnik LL, Pivotal Software Inc., SAS Institute Inc., Acerta Systems Analytics Inc., Amodo Ltd., INRIX Inc., Inseego Corp., Automotive Resources International Fleet Management Company, Continental AG, Google Inc., Cisco Systems Inc., Drust Vehicle Analytics, Sight Machine Inc., Fair Isaac Corporation, Bosch Software Innovations GmbH, Experian plc, WABCO Holdings Inc., Trimble Inc., TomTom International B. V., Airbiquity Inc., Oracle Corporation, Mix Telematics Ltd.
North America was the largest region in the vehicle analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vehicle analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vehicle analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
Vehicle analytics is an analytical technique that encompasses road condition inspection, vehicle counting, tracking, speed detection, incorrect direction detection, and brand detection. It enables the real-time tracking of information from vehicles, providing insights into the current state of the vehicle and related operating activities.
The main components of vehicle analytics include software and services. Vehicle analytics software comprises programs designed to analyze data and information collected from smart vehicles. Deployment can be on-premises or on-demand. Vehicle analytics find applications in various areas, including predictive maintenance, warranty analytics, traffic management, safety and security management, driver and user behavior analysis, dealer performance analysis, infotainment, usage-based insurance, and road charging. End-users of vehicle analytics include original equipment manufacturers (OEMs), service providers, automotive dealers, fleet owners, regulatory bodies, and insurers.
The vehicle analytics market research report is one of a series of new reports that provides vehicle analytics market statistics, including vehicle analytics industry global market size, regional shares, competitors with a vehicle analytics market share, detailed vehicle analytics market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle analytics industry. This vehicle analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vehicle analytics market includes revenues earned by entities by providing quality improvement, logistics streamline services, customer services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vehicle Analytics Market Characteristics3. Vehicle Analytics Market Trends and Strategies4. Vehicle Analytics Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Vehicle Analytics Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Vehicle Analytics Market34. Recent Developments in the Vehicle Analytics Market
5. Global Vehicle Analytics Growth Analysis and Strategic Analysis Framework
6. Vehicle Analytics Market Segmentation
7. Vehicle Analytics Market Regional and Country Analysis
8. Asia-Pacific Vehicle Analytics Market
9. China Vehicle Analytics Market
10. India Vehicle Analytics Market
11. Japan Vehicle Analytics Market
12. Australia Vehicle Analytics Market
13. Indonesia Vehicle Analytics Market
14. South Korea Vehicle Analytics Market
15. Western Europe Vehicle Analytics Market
16. UK Vehicle Analytics Market
17. Germany Vehicle Analytics Market
18. France Vehicle Analytics Market
19. Italy Vehicle Analytics Market
20. Spain Vehicle Analytics Market
21. Eastern Europe Vehicle Analytics Market
22. Russia Vehicle Analytics Market
23. North America Vehicle Analytics Market
24. USA Vehicle Analytics Market
25. Canada Vehicle Analytics Market
26. South America Vehicle Analytics Market
27. Brazil Vehicle Analytics Market
28. Middle East Vehicle Analytics Market
29. Africa Vehicle Analytics Market
30. Vehicle Analytics Market Competitive Landscape and Company Profiles
31. Vehicle Analytics Market Other Major and Innovative Companies
35. Vehicle Analytics Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Vehicle Analytics Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vehicle analytics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for vehicle analytics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vehicle analytics market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Component: Software; Services2) by Deployment Model: on-Premises; on-Demand
3) by Application: Predictive Maintenance; Warranty Analytics; Traffic Management; Safety and Security Management; Driver and User Behavior Analysis; Dealer Performance Analysis; Infotainment; Usage-Based Insurance; Road Charging
4) by End-User: Original Equipment Manufacturers (OEMs); Service Providers; Automotive Dealers; Fleet Owners; Regulatory Bodies; Insurers
Subsegments:
1) by Software: Fleet Management Software; Telematics Solutions; Predictive Maintenance Software; Driver Behavior Analysis Software; Vehicle Performance Analytics Tools2) by Services: Consulting Services; Integration Services; Data Analysis Services; Support and Maintenance Services; Training Services
Key Companies Mentioned: SAP SE; International Business Machines Corporation; Microsoft Corporation; Genetec Inc.; Cloud Made Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Vehicle Analytics market report include:- SAP SE
- International Business Machines Corporation
- Microsoft Corporation
- Genetec Inc.
- Cloud Made Ltd.
- Harman International Industries Inc.
- Teletrac Navman
- Agnik LL
- Pivotal Software Inc.
- SAS Institute Inc.
- Acerta Systems Analytics Inc.
- Amodo Ltd.
- INRIX Inc.
- Inseego Corp.
- Automotive Resources International Fleet Management Company
- Continental AG
- Google Inc.
- Cisco Systems Inc.
- Drust Vehicle Analytics
- Sight Machine Inc.
- Fair Isaac Corporation
- Bosch Software Innovations GmbH
- Experian plc
- WABCO Holdings Inc.
- Trimble Inc.
- TomTom International B. V.
- Airbiquity Inc.
- Oracle Corporation
- Mix Telematics Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 4.65 Billion |
| Forecasted Market Value ( USD | $ 10.4 Billion |
| Compound Annual Growth Rate | 22.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
