5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 21 Drivers, Restraints, Opportunities, and Challenges: Commercial Vehicle Telematics Market
5.2.1 Drivers
5.2.1.1 Increasing Need for Efficient Fleet Management
Figure 22 Growing Popularity of Telematics Tools in Fleet Management Globally
5.2.1.2 Rising Demand for Reduced Fuel Consumption and Vehicle Downtime
Figure 23 Fuel Cost to Continue to be Biggest Fleet Operations Expense Globally in 2023
5.2.1.3 Increasing Regulatory Mandates to Improve Safety & Security of Vehicles and Passengers
Figure 24 Number of Large Truck Injury Crashes in US, 2001-2020 (Thousands)
5.2.1.4 Growing Awareness of Predictive Maintenance
5.2.2 Restraints
5.2.2.1 Dependence on Fluctuating Vehicle Demand
5.2.2.2 Integration Complexity of Telematic Solutions
5.2.2.3 High Initial Cost of Implementing Telematics Systems
Figure 25 Telematics Software Costs Can be 7X Higher Compared to Hardware Units
5.2.3 Opportunities
5.2.3.1 Potential of V2X Communication and Autonomous Driving Integration
5.2.3.2 Integration of Advanced Analytics & AI-Powered Insights with Telematics Software
5.2.3.3 Expansion of Transportation and Logistics Industry
5.2.3.4 New Revenue Stream Offered by Eld Mandate for Existing Vendors
5.2.4 Challenges
5.2.4.1 Reduced Efficiency of Data Communication with Advanced Computing Processing Units due to Legacy Telematics Hardware
5.2.4.2 Complete Network Coverage and Elimination of Blind Spots
5.2.4.3 Lack of Standardized Systems
5.3 Evolution of Commercial Vehicle Telematics
Figure 26 Commercial Vehicle Telematics Market Evolution
5.4 Types of Telematics Systems
5.4.1 Obd II Telematics Systems
5.4.2 Bluetooth-Powered Telematics Systems
5.4.3 Smartphone-based Telematics Systems
5.4.4 Blackbox Telematics Systems
5.4.5 OEM Hard-Wired Telematics Systems
5.4.6 12V Plug-In Self Installation Telematics Systems
5.5 Value Chain Analysis
Figure 27 Commercial Vehicle Telematics Market: Value Chain Analysis
Table 7 Commercial Vehicle Telematics Market: Value Chain Analysis
5.6 Ecosystem/Market Map
Table 8 Role of Players in Commercial Vehicle Telematics Market
Figure 28 Key Players in Commercial Vehicle Telematics Market Ecosystem
5.6.1 Telematics Software Providers
5.6.2 Telematics Service Providers
5.6.3 Original Equipment Manufacturers (OEMs)
5.6.4 System Integrators
5.6.5 End-users
5.6.6 Government & Regulatory Bodies
5.7 Investment Landscape
Figure 29 Leading Global Auto Tech Startups, by Number of Investors and Funding Rounds, 2023
Figure 30 Value of Auto Tech M&A Deals Worldwide Between 2016 and 2019 (USD Billion)
Figure 31 Global Venture Funding of Urban Mobility Companies from 2014 to 2018 (USD Billion)
Figure 32 Annual Automotive Startup Funding Worldwide from 2010 to 2018 (USD Billion)
Figure 33 Private Equity Investments in Indian Automotive Sector, by Category (2021-2023)
5.8 Case Study Analysis
5.8.1 Case Study 1: Krp Rentals and Trucking Improves Productivity and Safety with Verizon Connect
5.8.2 Case Study 2: Shaziman Transport Improves Performance, Saves Money, and Reduces Environmental Footprint with Data
5.8.3 Case Study 3: Middlesboro Coca-Cola's Move to Tmt SaaS for Fleet Maintenance Generates Measurable Savings
5.8.4 Case Study 4: Vestergaard Company Leverages IoT to Optimize Efficiency of Its Mission-Critical Aircraft Equipment
5.8.5 Case Study 5: Merchants Foodservice Applying Advanced Technologies to Ensure Drivers and Products Arrive Safely, on Time, and Intact
5.8.6 Case Study 6: Jaga Brothers Optimized Management of Trucks & Trailers, Generating Fuel Savings and Reducing Downtime Across Entire Fleet
5.9 Technology Analysis
5.9.1 Key Technology
5.9.1.1 Global Positioning System (Gps)
5.9.1.2 Telematics Control Unit (Tcu)
5.9.1.3 IoT Connectivity
5.9.1.4 Advanced Driver Assistance Systems (Adas)
5.9.2 Complementary Technologies
5.9.2.1 Edge Computing
5.9.2.2 Cloud Computing
5.9.2.3 Machine Learning and Artificial Intelligence
5.9.2.4 Mobile App Integration
5.9.3 Adjacent Technologies
5.9.3.1 Blockchain
5.9.3.2 5G Connectivity
5.9.3.3 Augmented Reality (Ar)
5.9.3.4 Cybersecurity
5.10 Tariff and Regulatory Landscape
5.10.1 Tariff Related to Commercial Vehicle Telematics Software
Table 9 Tariff Related to Commercial Vehicle Telematics Software, 2022
5.10.2 Regulatory Landscape
5.10.2.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Middle East & Africa: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Latin America: Regulatory Bodies, Government Agencies, and Other Organizations
5.10.3 Regulations: Commercial Vehicle Telematics Market
5.10.3.1 North America
5.10.3.1.1 Electronic Logging Device (Eld) Mandate
5.10.3.1.2 California Consumer Privacy Act (Ccpa)
5.10.3.1.3 Transportation of Dangerous Goods (Tdg) Regulations
5.10.3.2 Europe
5.10.3.2.1 General Data Protection Regulation
5.10.3.2.2 Ecall Regulation
5.10.3.2.3 Eu Regulation 2019/2144 on Co2 Emission Performance Standards for New Heavy-Duty Vehicles
5.10.3.3 Asia-Pacific
5.10.3.3.1 India: Ais-140 (Automotive Industry Standard 140)
5.10.3.3.2 China: Gb/T 32960
5.10.3.3.3 Australia: Telematics Data Privacy Guidelines
5.10.3.4 Middle East & Africa
5.10.3.4.1 South Africa: Road Traffic Management System (Rtms) Act 2008
5.10.3.4.2 Nigeria: National Road Traffic Regulations
5.10.3.4.3 United Arab Emirates (UAE): Federal Law on Road Transport and Traffic
5.10.3.5 Latin America
5.10.3.5.1 Brazil: Contran Resolution 245/2007
5.10.3.5.2 Mexico: General Law of National Public Security
5.10.3.5.3 Argentina: Resolution 39/2017 - Ansv
5.11 Patent Analysis
5.11.1 Methodology
5.11.2 Patents Filed, by Document Type
Table 15 Patents Filed, 2013-2023
5.11.3 Innovation and Patent Applications
Figure 34 Number of Patents Granted in Last 10 Years, 2013-2023
5.11.3.1 Top 10 Applicants in Commercial Vehicle Telematics Market
Figure 35 Top 10 Applicants in Commercial Vehicle Telematics Market, 2013-2023
Table 16 Top 20 Patent Owners in Commercial Vehicle Telematics Market, 2013-2023
Table 17 List of Few Patents in Commercial Vehicle Telematics Market, 2022-2023
Figure 36 Regional Analysis of Patents Granted, 2013-2023
5.12 Pricing Analysis
5.12.1 Average Selling Price Trends of Key Players, by Software Type
Figure 37 Average Selling Price Trend of Key Players, by Top 3 Software Types
Table 18 Average Selling Price Trend of Key Players, by Top 3 Software Types
5.12.2 Indicative Pricing Analysis, by Commercial Vehicle Telematics Vendor
Table 19 Indicative Pricing Levels of Commercial Vehicle Telematics Software Types
5.13 Trade Analysis
5.13.1 Export Scenario of Computer Software
Figure 38 Computer Software Export, by Key Country, 2015-2022 (USD Billion)
5.13.2 Import Scenario of Computer Software
Figure 39 Computer Software Import, by Key Country, 2015-2022 (USD Billion)
5.14 Key Conferences & Events in 2023-2024
Table 20 Commercial Vehicle Telematics Market: Detailed List of Conferences & Events, 2023-2024
5.15 Porter's Five Forces Analysis
Figure 40 Porter's Five Forces’ Analysis: Commercial Vehicle Telematics Market
5.15.1 Threat of New Entrants
5.15.2 Threat of Substitutes
5.15.3 Bargaining Power of Suppliers
5.15.4 Bargaining Power of Buyers
5.15.5 Intensity of Competition Rivalry
5.16 Commercial Vehicle Telematics Technology Roadmap
Figure 41 Commercial Vehicle Telematics Technology Roadmap
5.17 Commercial Vehicle Telematics Business Models
Figure 42 Commercial Vehicle Telematics Business Models
5.17.1 Software Vendor Model
5.17.2 Consulting Services Model
5.17.3 OEM Collaboration Model
5.17.4 Data Monetization Model
5.17.5 Fleet Management-As-A-Service Model
5.18 Trends/Disruptions Impacting Customers’ Businesses
Figure 43 Trends/Disruptions Impacting Customers’ Businesses
5.19 Key Stakeholders & Buying Criteria
5.19.1 Key Stakeholders in Buying Process
Figure 44 Influence of Stakeholders on Buying Process for Top Three End-users
Table 21 Influence of Stakeholders on Buying Process for Top Three End-users
5.19.2 Buying Criteria
Figure 45 Key Buying Criteria for Top Three End-users
Table 22 Key Buying Criteria for Top Three End-users
6 Commercial Vehicle Telematics Market, by Offering
6.1 Introduction
6.1.1 Offering: Commercial Vehicle Telematics Market Drivers
Figure 46 Software Segment to Account for Higher Market Share During Forecast Period
Table 23 Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 24 Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
6.2 Software
Figure 47 Fleet Management Software to Dominate Market During Forecast Period
Table 25 Commercial Vehicle Telematics Software Market, by Type, 2018-2022 (USD Million)
Table 26 Commercial Vehicle Telematics Software Market, by Type, 2023-2028 (USD Million)
6.2.1 Fleet Management Software
6.2.1.1 Need for Comprehensive Vehicle Tracking, Maintenance Scheduling, and Route Optimization to Boost Demand
Table 27 Fleet Management Software: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 28 Fleet Management Software: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.2.1.2 Predictive Maintenance
6.2.1.3 Fuel Management
6.2.1.4 Route Optimization
6.2.1.5 Idling Trend Analytics
6.2.1.6 Engine Diagnostics
6.2.1.7 Fleet Benchmarking
6.2.1.8 Digital Keys
6.2.2 Safety Management Software
6.2.2.1 Increasing Focus on Reducing Accidents and Improving Driver Behavior to Boost Market Growth
Table 29 Safety Management Software: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 30 Safety Management Software: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.2.2.2 Seat Belt Usage Analytics
6.2.2.3 Driver Scorecards
6.2.2.4 Collision Notification & Reconstruction
6.2.2.5 Over Speeding & Aggressive Driving Analytics
6.2.2.6 Video Telematics
6.2.2.7 Reverse Driving Analytics
6.2.2.8 In-Vehicle Driver Feedback Analytics
6.2.2.9 Risk Management
6.2.2.10 Weather Hazard Alerts
6.2.3 Telematics Productivity Software
6.2.3.1 Demand for Tools That Streamline Workflows and Provide Insights into Operational Productivity to Support Market Growth
Table 31 Telematics Productivity Software: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 32 Telematics Productivity Software: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.2.3.2 Asset Tracking
6.2.3.3 True Trip Miles Analytics
6.2.3.4 Vehicle Tracking
6.2.3.5 Routing & Dispatching
6.2.3.6 Geofencing
6.2.4 Telematics Compliance Software
6.2.4.1 Need to Ensure Adherence to Safety Standards to Propel Demand for Telematics Compliance Software
Table 33 Telematics Compliance Software: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 34 Telematics Compliance Software: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.2.4.2 Vehicle Temperature Monitoring
6.2.4.3 Fuel Tax Reporting
6.2.4.4 Electronic Driver Logs (Elds)
6.2.4.5 Driver Vehicle Inspection Report (Dvir)
6.2.5 V2X Software
6.2.5.1 Growing Integration of Vehicle-To-Everything Communication and Smart Transportation to Boost Market
Table 35 V2X Software: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 36 V2X Software: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.2.5.2 V2C Communication
6.2.5.3 V2I Communication
6.2.5.4 V2X Security
6.2.5.5 Traffic Signal Optimization
6.2.6 Other Software
Table 37 Other Software: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 38 Other Software: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.3 Services
Figure 48 Managed Services to Register Higher Growth Rate in Commercial Vehicle Telematics Market Between 2023 to 2028
Table 39 Commercial Vehicle Telematics Services Market, by Type, 2018-2022 (USD Million)
Table 40 Commercial Vehicle Telematics Services Market, by Type, 2023-2028 (USD Million)
6.3.1 Professional Services
6.3.1.1 Growing Demand for Specialized Expertise in Telematics System Implementation to Support Growth
Table 41 Professional Services: Commercial Vehicle Telematics Market, by Type, 2018-2022 (USD Million)
Table 42 Professional Services: Commercial Vehicle Telematics Market, by Type, 2023-2028 (USD Million)
6.3.1.2 Training & Consulting Services
Table 43 Training & Consulting Services: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 44 Training & Consulting Services: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.3.1.3 System Integration & Deployment Services
Table 45 System Integration & Deployment Services: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 46 System Integration & Deployment Services: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.3.1.4 Support & Maintenance Services
Table 47 Support & Maintenance Services: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 48 Support & Maintenance Services: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
6.3.2 Managed Services
6.3.2.1 Growing Preference Among Businesses to Outsource Ongoing Operations to Drive Demand for Managed Services
Table 49 Managed Services: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 50 Managed Services: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10 Commercial Vehicle Telematics Market, by End-user
10.1 Introduction
10.1.1 End-users: Commercial Vehicle Telematics Market Drivers
Figure 52 Autonomous Vehicle OEMs & Technology Providers to Register Highest CAGR During Forecast Period
Table 71 Commercial Vehicle Telematics Market, by End-user, 2018-2022 (USD Million)
Table 72 Commercial Vehicle Telematics Market, by End-user, 2023-2028 (USD Million)
10.2 Fleet Operators
10.2.1 Ability of Telematics to Maximize Productivity and Streamline Logistics for Fleet Operators to Boost Market
Table 73 Fleet Operators: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 74 Fleet Operators: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.3 Auto Financing & Insurance Providers
10.3.1 Ability of Telematics to Enable Comprehensive Risk Evaluation and Tailor Premium Customization to Support Market
Table 75 Auto Financing & Insurance Providers: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 76 Auto Financing & Insurance Providers: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.4 Logistics & Cargo Operators
10.4.1 Growing Need for Telematics Integration to Optimize Route Planning and Enhance Cargo Tracking to Favor Market Growth
Table 77 Logistics & Cargo Operators: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 78 Logistics & Cargo Operators: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.5 Public Transportation Authorities
10.5.1 Improved Scheduling, Route Optimization, and Enhanced Passenger Experiences to Drive Telematics Adoption
Table 79 Public Transportation Authorities: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 80 Public Transportation Authorities: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.6 Emergency Services & First Responders
10.6.1 Ability of Telematics to Provide First Responders with Real-Time Data to Drive Market Growth
Table 81 Emergency Services & First Responders: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 82 Emergency Services & First Responders: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.7 Autonomous Vehicle OEMs & Technology Providers
10.7.1 Ability of Telematics to Enable Seamless Communication and Navigation for Self-Driving Vehicles to Boost Market
Table 83 Autonomous Vehicle OEMs & Technology Providers: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 84 Autonomous Vehicle OEMs & Technology Providers: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.8 Agri & Farm Operators
10.8.1 Growing Use of Telematics-Driven Insights for Crop Management and Farming Equipment Monitoring to Propel Market
Table 85 Agri & Farm Operators: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 86 Agri & Farm Operators: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.9 Mine Developers & Operators
10.9.1 Growing Need to Enhance Safety Protocols and Optimize Mining Operations to Drive Growth
Table 87 Mine Developers & Operators: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 88 Mine Developers & Operators: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
10.10 Other End-users
Table 89 Other End-users: Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 90 Other End-users: Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
11 Commercial Vehicle Telematics Market, by Region
11.1 Introduction
Figure 53 Asia-Pacific to Register Highest CAGR During Forecast Period
Figure 54 India to Register Highest Growth Rate in Commercial Vehicle Telematics Market During Forecast Period
Table 91 Commercial Vehicle Telematics Market, by Region, 2018-2022 (USD Million)
Table 92 Commercial Vehicle Telematics Market, by Region, 2023-2028 (USD Million)
11.2 North America
11.2.1 North America: Commercial Vehicle Telematics Market Drivers
11.2.2 North America: Recession Impact
Figure 55 North America: Commercial Vehicle Telematics Market Snapshot
Table 93 North America: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 94 North America: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
Table 95 North America: Commercial Vehicle Telematics Software Market, by Type, 2018-2022 (USD Million)
Table 96 North America: Commercial Vehicle Telematics Software Market, by Type, 2023-2028 (USD Million)
Table 97 North America: Commercial Vehicle Telematics Services Market, by Type, 2018-2022 (USD Million)
Table 98 North America: Commercial Vehicle Telematics Services Market, by Type, 2023-2028 (USD Million)
Table 99 North America: Commercial Vehicle Telematics Market for Professional Services, by Type, 2018-2022 (USD Million)
Table 100 North America: Commercial Vehicle Telematics Market for Professional Services, by Type, 2023-2028 (USD Million)
Table 101 North America: Commercial Vehicle Telematics Market, by Vehicle Type, 2018-2022 (USD Million)
Table 102 North America: Commercial Vehicle Telematics Market, by Vehicle Type, 2023-2028 (USD Million)
Table 103 North America: Commercial Vehicle Telematics Market, by Propulsion Type, 2018-2022 (USD Million)
Table 104 North America: Commercial Vehicle Telematics Market, by Propulsion Type, 2023-2028 (USD Million)
Table 105 North America: Commercial Vehicle Telematics Market, by Sales Channel, 2018-2022 (USD Million)
Table 106 North America: Commercial Vehicle Telematics Market, by Sales Channel, 2023-2028 (USD Million)
Table 107 North America: Commercial Vehicle Telematics Market, by End-user, 2018-2022 (USD Million)
Table 108 North America: Commercial Vehicle Telematics Market, by End-user, 2023-2028 (USD Million)
Table 109 North America: Commercial Vehicle Telematics Market, by Country, 2018-2022 (USD Million)
Table 110 North America: Commercial Vehicle Telematics Market, by Country, 2023-2028 (USD Million)
11.2.3 US
11.2.3.1 Increasing Adoption of Advanced Analytics and AI for Data-Driven Insights to Drive Growth
Table 111 US: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 112 US: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.2.4 Canada
11.2.4.1 Growing Awareness of Operational Efficiency to Encourage Businesses to Invest in Telematics
Table 113 Canada: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 114 Canada: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.3 Europe
11.3.1 Europe: Commercial Vehicle Telematics Market Drivers
11.3.2 Europe: Recession Impact
Table 115 Europe: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 116 Europe: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
Table 117 Europe: Commercial Vehicle Telematics Software Market, by Type, 2018-2022 (USD Million)
Table 118 Europe: Commercial Vehicle Telematics Software Market, by Type, 2023-2028 (USD Million)
Table 119 Europe: Commercial Vehicle Telematics Services Market, by Type, 2018-2022 (USD Million)
Table 120 Europe: Commercial Vehicle Telematics Services Market, by Type, 2023-2028 (USD Million)
Table 121 Europe: Commercial Vehicle Telematics Market for Professional Services, by Type, 2018-2022 (USD Million)
Table 122 Europe: Commercial Vehicle Telematics Market for Professional Services, by Type, 2023-2028 (USD Million)
Table 123 Europe: Commercial Vehicle Telematics Market, by Vehicle Type, 2018-2022 (USD Million)
Table 124 Europe: Commercial Vehicle Telematics Market, by Vehicle Type, 2023-2028 (USD Million)
Table 125 Europe: Commercial Vehicle Telematics Market, by Propulsion Type, 2018-2022 (USD Million)
Table 126 Europe: Commercial Vehicle Telematics Market, by Propulsion Type, 2023-2028 (USD Million)
Table 127 Europe: Commercial Vehicle Telematics Market, by Sales Channel, 2018-2022 (USD Million)
Table 128 Europe: Commercial Vehicle Telematics Market, by Sales Channel, 2023-2028 (USD Million)
Table 129 Europe: Commercial Vehicle Telematics Market, by End-user, 2018-2022 (USD Million)
Table 130 Europe: Commercial Vehicle Telematics Market, by End-user, 2023-2028 (USD Million)
Table 131 Europe: Commercial Vehicle Telematics Market, by Country, 2018-2022 (USD Million)
Table 132 Europe: Commercial Vehicle Telematics Market, by Country, 2023-2028 (USD Million)
11.3.3 UK
11.3.3.1 Regulatory Initiatives and Real-Time Analysis of Telematics Solutions to Fuel Adoption of Telematics in UK
Table 133 UK: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 134 UK: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.3.4 Germany
11.3.4.1 Integration of Telematics with Emerging Technologies Like 5G Connectivity, AI, and ML to Boost Growth
Table 135 Germany: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 136 Germany: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.3.5 France
11.3.5.1 Increasing Demand for Gps Tracking, Vehicle Diagnostics, and Fuel Management to Support Market Growth
Table 137 France: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 138 France: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.3.6 Italy
11.3.6.1 Need for Efficient Fleet Management and Cost Optimization to Drive Adoption of Telematics Solutions
Table 139 Italy: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 140 Italy: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.3.7 Spain
11.3.7.1 Need to Improve Route Planning, Fuel Efficiency, and Driver Productivity in Spain to Drive Market
Table 141 Spain: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 142 Spain: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.3.8 Rest of Europe
Table 143 Rest of Europe: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 144 Rest of Europe: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Commercial Vehicle Telematics Market Drivers
11.4.2 Asia-Pacific: Recession Impact
Figure 56 Asia-Pacific: Commercial Vehicle Telematics Market Snapshot
Table 145 Asia-Pacific: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 146 Asia-Pacific: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
Table 147 Asia-Pacific: Commercial Vehicle Telematics Software Market, by Type, 2018-2022 (USD Million)
Table 148 Asia-Pacific: Commercial Vehicle Telematics Software Market, by Type, 2023-2028 (USD Million)
Table 149 Asia-Pacific: Commercial Vehicle Telematics Services Market, by Type, 2018-2022 (USD Million)
Table 150 Asia-Pacific: Commercial Vehicle Telematics Services Market, by Type, 2023-2028 (USD Million)
Table 151 Asia-Pacific: Commercial Vehicle Telematics Market for Professional Services, by Type, 2018-2022 (USD Million)
Table 152 Asia-Pacific: Commercial Vehicle Telematics Market for Professional Services, by Type, 2023-2028 (USD Million)
Table 153 Asia-Pacific: Commercial Vehicle Telematics Market, by Vehicle Type, 2018-2022 (USD Million)
Table 154 Asia-Pacific: Commercial Vehicle Telematics Market, by Vehicle Type, 2023-2028 (USD Million)
Table 155 Asia-Pacific: Commercial Vehicle Telematics Market, by Propulsion Type, 2018-2022 (USD Million)
Table 156 Asia-Pacific: Commercial Vehicle Telematics Market, by Propulsion Type, 2023-2028 (USD Million)
Table 157 Asia-Pacific: Commercial Vehicle Telematics Market, by Sales Channel, 2018-2022 (USD Million)
Table 158 Asia-Pacific: Commercial Vehicle Telematics Market, by Sales Channel, 2023-2028 (USD Million)
Table 159 Asia-Pacific: Commercial Vehicle Telematics Market, by End-user, 2018-2022 (USD Million)
Table 160 Asia-Pacific: Commercial Vehicle Telematics Market, by End-user, 2023-2028 (USD Million)
Table 161 Asia-Pacific: Commercial Vehicle Telematics Market, by Country, 2018-2022 (USD Million)
Table 162 Asia-Pacific: Commercial Vehicle Telematics Market, by Country, 2023-2028 (USD Million)
11.4.3 China
11.4.3.1 Growing Need for Comprehensive Solutions to Enhance Value Chain to Boost Market
Table 163 China: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 164 China: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4.4 India
11.4.4.1 Need to Enhance Vehicle Tracking, Fuel Efficiency, and Overall Fleet Management to Drive Market
Table 165 India: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 166 India: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4.5 Japan
11.4.5.1 Commitment to Technological Innovation, Coupled with Highly Developed Automotive Industry, to Propel Market
Table 167 Japan: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 168 Japan: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4.6 South Korea
11.4.6.1 Ability of Telematics Solutions to Enhance Operational Efficiency and Improve Fuel Economy to Fuel Adoption
Table 169 South Korea: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 170 South Korea: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4.7 Singapore
11.4.7.1 Need to Monitor Vehicle Locations in Real-Time, Optimize Routes, and Analyze Driver Behavior to Favor Market Growth
Table 171 Singapore: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 172 Singapore: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4.8 Australia & New Zealand
11.4.8.1 Growing Government Focus on Addressing Environmental Concerns to Promote Adoption of Telematics Solutions
Table 173 Australia & New Zealand: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 174 Australia & New Zealand: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.4.9 Rest of Asia-Pacific
Table 175 Rest of Asia-Pacific: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 176 Rest of Asia-Pacific: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.5 Middle East & Africa
11.5.1 Middle East & Africa: Commercial Vehicle Telematics Market Drivers
11.5.2 Middle East & Africa: Recession Impact
Table 177 Middle East & Africa: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 178 Middle East & Africa: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
Table 179 Middle East & Africa: Commercial Vehicle Telematics Software Market, by Type, 2018-2022 (USD Million)
Table 180 Middle East & Africa: Commercial Vehicle Telematics Software Market, by Type, 2023-2028 (USD Million)
Table 181 Middle East & Africa: Commercial Vehicle Telematics Services Market, by Type, 2018-2022 (USD Million)
Table 182 Middle East & Africa: Commercial Vehicle Telematics Services Market, by Type, 2023-2028 (USD Million)
Table 183 Middle East & Africa: Commercial Vehicle Telematics Market for Professional Services, by Type, 2018-2022 (USD Million)
Table 184 Middle East & Africa: Commercial Vehicle Telematics Market for Professional Services, by Type, 2023-2028 (USD Million)
Table 185 Middle East & Africa: Commercial Vehicle Telematics Market, by Vehicle Type, 2018-2022 (USD Million)
Table 186 Middle East & Africa: Commercial Vehicle Telematics Market, by Vehicle Type, 2023-2028 (USD Million)
Table 187 Middle East & Africa: Commercial Vehicle Telematics Market, by Propulsion Type, 2018-2022 (USD Million)
Table 188 Middle East & Africa: Commercial Vehicle Telematics Market, by Propulsion Type, 2023-2028 (USD Million)
Table 189 Middle East & Africa: Commercial Vehicle Telematics Market, by Sales Channel, 2018-2022 (USD Million)
Table 190 Middle East & Africa: Commercial Vehicle Telematics Market, by Sales Channel, 2023-2028 (USD Million)
Table 191 Middle East & Africa: Commercial Vehicle Telematics Market, by End-user, 2018-2022 (USD Million)
Table 192 Middle East & Africa: Commercial Vehicle Telematics Market, by End-user, 2023-2028 (USD Million)
Table 193 Middle East & Africa: Commercial Vehicle Telematics Market, by Country, 2018-2022 (USD Million)
Table 194 Middle East & Africa: Commercial Vehicle Telematics Market, by Country, 2023-2028 (USD Million)
11.5.3 GCC
11.5.3.1 Growing Adoption of Commercial Vehicle Telematics for Logistics Efficiency and Fleet Management to Propel Market
Table 195 GCC: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 196 GCC: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.5.4 Egypt
11.5.4.1 Increasing Focus on Embracing Advanced Technologies for Better Fleet Management to Boost Market Growth
Table 197 Egypt: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 198 Egypt: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.5.5 South Africa
11.5.5.1 Government Initiatives Aimed at Promoting Road Safety and Efficiency to Contribute to Growth
Table 199 South Africa: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 200 South Africa: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.5.6 Turkey
11.5.6.1 Increasing Adoption of Telematics Technologies to Monitor Vehicle Locations and Improve Route Planning to Drive Growth
Table 201 Turkey: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 202 Turkey: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.5.7 Rest of Middle East & Africa
Table 203 Rest of Middle East & Africa: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 204 Rest of Middle East & Africa: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.6 Latin America
11.6.1 Latin America: Commercial Vehicle Telematics Market Drivers
11.6.2 Latin America: Recession Impact
Table 205 Latin America: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 206 Latin America: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
Table 207 Latin America: Commercial Vehicle Telematics Software Market, by Type, 2018-2022 (USD Million)
Table 208 Latin America: Commercial Vehicle Telematics Software Market, by Type, 2023-2028 (USD Million)
Table 209 Latin America: Commercial Vehicle Telematics Services Market, by Type, 2018-2022 (USD Million)
Table 210 Latin America: Commercial Vehicle Telematics Services Market, by Type, 2023-2028 (USD Million)
Table 211 Latin America: Commercial Vehicle Telematics Market for Professional Services, by Type, 2018-2022 (USD Million)
Table 212 Latin America: Commercial Vehicle Telematics Market for Professional Services, by Type, 2023-2028 (USD Million)
Table 213 Latin America: Commercial Vehicle Telematics Market, by Vehicle Type, 2018-2022 (USD Million)
Table 214 Latin America: Commercial Vehicle Telematics Market, by Vehicle Type, 2023-2028 (USD Million)
Table 215 Latin America: Commercial Vehicle Telematics Market, by Propulsion Type, 2018-2022 (USD Million)
Table 216 Latin America: Commercial Vehicle Telematics Market, by Propulsion Type, 2023-2028 (USD Million)
Table 217 Latin America: Commercial Vehicle Telematics Market, by Sales Channel, 2018-2022 (USD Million)
Table 218 Latin America: Commercial Vehicle Telematics Market, by Sales Channel, 2023-2028 (USD Million)
Table 219 Latin America: Commercial Vehicle Telematics Market, by End-user, 2018-2022 (USD Million)
Table 220 Latin America: Commercial Vehicle Telematics Market, by End-user, 2023-2028 (USD Million)
Table 221 Latin America: Commercial Vehicle Telematics Market, by Country, 2018-2022 (USD Million)
Table 222 Latin America: Commercial Vehicle Telematics Market, by Country, 2023-2028 (USD Million)
11.6.3 Brazil
11.6.3.1 Commitment to Environmental Sustainability to Foster Integration of Telematics for Eco-Driving Practices
Table 223 Brazil: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 224 Brazil: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.6.4 Mexico
11.6.4.1 Thriving Logistics & Transportation Industry to Propel Adoption of Telematics Solutions in Mexico
Table 225 Mexico: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 226 Mexico: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.6.5 Argentina
11.6.5.1 Growing Need for Enhanced Fleet Management to Boost Market
Table 227 Argentina: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 228 Argentina: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
11.6.6 Rest of Latin America
Table 229 Rest of Latin America: Commercial Vehicle Telematics Market, by Offering, 2018-2022 (USD Million)
Table 230 Rest of Latin America: Commercial Vehicle Telematics Market, by Offering, 2023-2028 (USD Million)
14 Adjacent and Related Markets
14.1 Introduction
14.2 Fleet Management Market - Global Forecast to 2027
14.2.1 Market Definition
14.2.2 Market Overview
14.2.2.1 Commercial Vehicle Telematics Security Market, by Component
Table 278 Fleet Management Market, by Component, 2017-2021 (USD Million)
Table 279 Fleet Management Market, by Component, 2022-2027 (USD Million)
14.2.2.2 Fleet Management Market, by Deployment Mode
Table 280 Fleet Management Market, by Deployment Type, 2017-2021 (USD Million)
Table 281 Fleet Management Market, by Deployment Type, 2022-2027 (USD Million)
14.2.2.3 Fleet Management Market, by Fleet Type
Table 282 Fleet Management Market, by Fleet Type, 2017-2021 (USD Million)
Table 283 Fleet Management Market, by Fleet Type, 2022-2027 (USD Million)
14.2.2.4 Fleet Management Market, by Vertical
Table 284 Fleet Management Market, by Vertical, 2017-2021 (USD Million)
Table 285 Fleet Management Market, by Vertical, 2022-2027 (USD Million)
14.2.2.5 Fleet Management Market, by Region
Table 286 Fleet Management Market, by Region, 2017-2021 (USD Million)
Table 287 Fleet Management Market, by Region, 2022-2027 (USD Million)
14.3 Smart Transportation Market - Global Forecast to 2028
14.3.1 Market Definition
14.3.2 Market Overview
14.3.2.1 Smart Transportation Market, by Transportation Mode
Table 288 Smart Transportation Market, by Transportation Mode, 2018-2022 (USD Million)
Table 289 Smart Transportation Market, by Transportation Mode, 2023-2028 (USD Million)
14.3.2.2 Smart Transportation Market, by Roadway
Table 290 Roadway: Smart Transportation Market, by Type, 2018-2022 (USD Million)
Table 291 Roadway: Smart Transportation Market, by Type, 2023-2028 (USD Million)
14.3.2.3 Smart Transportation Market, by Railway
Table 292 Railway: Smart Transportation Market, by Type, 2018-2022 (USD Million)
Table 293 Railway: Smart Transportation Market, by Type, 2023-2028 (USD Million)
14.3.2.4 Smart Transportation Market, by Region
Table 294 Smart Transportation Market, by Region, 2018-2022 (USD Million)
Table 295 Smart Transportation Market, by Region, 2023-2028 (USD Million)