Consumer Telematics Market Report 2026

The consumer telematics market size has grown exponentially in recent years. It will grow from $31.37 billion in 2025 to $39.45 billion in 2026 at a compound annual growth rate (CAGR) of 25.8%. The growth in the historic period can be attributed to automotive electronics adoption, smartphone integration, gps navigation growth, vehicle safety demand, telecommunication expansion.

The consumer telematics market size is expected to see exponential growth in the next few years. It will grow to $98.26 billion in 2030 at a compound annual growth rate (CAGR) of 25.6%. The growth in the forecast period can be attributed to connected car penetration, AI-based driver analytics, electric vehicle growth, 5g connectivity rollout, demand for personalized mobility services. Major trends in the forecast period include growth of connected vehicle services, expansion of usage-based insurance, integration of advanced driver assistance, demand for real-time vehicle diagnostics, adoption of infotainment platforms.

The rise in demand for connected vehicles is expected to propel the growth of the consumer telematics market going forward. Connected vehicles are automobiles equipped with internet connectivity, enabling communication with devices both inside and outside the vehicle. The increasing consumer expectations for advanced technology, enhanced convenience, and improved driving experiences are driving the adoption of connected vehicles. Consumer telematics supports these vehicles by providing real-time diagnostics, vehicle tracking, navigation, and safety features through seamless connectivity. For instance, in January 2024, according to the Alliance for Automotive Innovation, a US-based organization, electric vehicles accounted for 10.1% of new light-duty vehicle sales in Q3 2023, up from 9.1% in Q2 2023 and 7.1% in Q3 2022. Therefore, the rise in connected vehicle adoption is driving growth in the consumer telematics market.

Leading companies in the consumer telematics market are focusing on developing innovative products, such as advanced telematics control units (TCUs), to enhance connectivity and integrate seamlessly with advanced driver assistance systems (ADAS). An advanced TCU manages vehicle connectivity, real-time data exchange, and integration with driver assistance technologies to improve performance and safety. For instance, in February 2024, Harman International Industries, Inc., a US-based electronics company, launched the Ready Connect 5G telematics control unit (TCU). This state-of-the-art device enhances automotive connectivity with faster data transfer speeds and improved connectivity, enabling features such as GPS navigation, music streaming, and voice commands to operate seamlessly. The Ready Connect 5G TCU offers rich in-cabin experiences, including timely traffic notifications and improved vehicle-to-environment communication. It features modular hardware for upgrades from 4G to 5G and a scalable software architecture, including predeveloped applications such as vehicle diagnostics to streamline deployment.

In March 2023, Cambridge Mobile Telematics, a US-based software solutions provider, acquired Amodo, a Croatian telematics company, for an undisclosed amount. This acquisition aims to strengthen Cambridge Mobile’s presence in the European market, leveraging Amodo's expertise and relationships to accelerate global expansion and provide advanced telematics solutions, including usage-based insurance products, to enhance road safety and driver behavior across Europe.

Major companies operating in the consumer telematics market report include Verizon Connect, Continental AG, Trimble Inc., Agero Inc., TomTom International BV, Geotab Inc., Sierra Wireless Corp., CalAmp Corp., Spireon Inc., Telenav Inc., Teletrac Navman US Ltd., MiX Telematics International (Pty) Ltd., Lytx Inc., INRIX Inc., Samsara Networks Inc., Masternaut Limited, Insurance & Mobility Solution Ltd., Airbiquity Inc., The Floow Limited, Cubic Telecom Limited, Arvento Mobile Systems, Abalta Technologies Inc., Nauto Inc.

North America was the largest region in the consumer telematics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the consumer telematics market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the consumer telematics market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The consumer telematics market includes revenues earned by entities by providing services such as vehicle tracking, navigation, emergency assistance, remote vehicle management, and driver behavior monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The consumer telematics market also consists of sales of on-board diagnostics (OBD) devices, infotainment systems, integration with cellular networks, and stolen vehicle tracking devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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.

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