The Automotive Telematics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automotive Telematics Market?
The market size of the automotive telematics has significantly increased in the past years. It is predicted to rise from $164.09 billion in 2024 to $209.6 billion in 2025, with a compound annual growth rate (CAGR) of 27.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive Telematics Industry?
The Automotive Telematics Global Market is predicted to expand significantly, reaching a market size of $547.51 billion by 2029. This projection includes a compound annual growth rate (CAGR) of 27.1%.
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What are the Key Growth Drivers Fueling the Automotive Telematics Market?
The key drivers in the automotive telematics market are:
• Rising demand for electric vehicles (EV)
• Supportive government regulations
• Increasing concerns about vehicle safety
• Technological advancements including AI, cloud technology and self-installed telematics devices
Global Market Segmentation: Identifying Major Automotive Telematics Industry Segments
The automotive telematics market covered in this report is segmented –
1) By Connectivity Solutions Type: Embedded, Integrated, Tethered
2) By Vehicle Type: Commercial Vehicles, Passenger Vehicles
3) By Application Type: Fleet Or Asset Management, Navigation And Location-Based System, Infotainment System, Insurance Telematic, Safety And Security, Other Applications
4) By Sales Channel Type: Original Equipment Manufacturer (OEM), Aftermarket
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What are the Emerging Trends Shaping the Future of the Automotive Telematics Market?
The key trends in the automotive telematics market are:
• Artificial Intelligence (AI) utilization is emerging as a significant trend in the sector.
• There's an uptick in product innovations, collaborations, and acquisitions in the market.
• Telematics-based insurance and the use of cloud technology are shaping the future of the market.
• The adoption of self-installed telematics devices is a growing trend.
Who Are the Top Competitors & Leading Players in the Automotive Telematics Market?
Major companies in the automotive telematics market are:
• Samsung Electronics Co., Ltd
• Robert Bosch GmbH
• Michelin Group
• Valeo Group
• TomTom N.V.
• Vontier
• Trimble Inc.
• Continental AG
• NavInfo Co. Ltd
• Ficosa International SA
• Mahindra Truck and Bus (MTB)
• Mitsubishi Fuso Truck
• Hyundai
• Geely Lynk & Co
• Shenzhen Eelink Communication Technology Co., Ltd
• 22 DOTS
• TruckTrack GmbH
• INTRANAV
• FLEETIZE – Telematics
• Exatrek
• Visualix
• Trackee.io
• IoT Venture GmbH
• In Car Telematics
• Masternaut
• Teletrac Navman
• Verizon Connect
• Movolytics
• QUARTIX
• Vodafone Fleet Telematics
• RAM Tracking
• Samsara
• OCTO Automotive
• MiX Telematics
• Telematika
• Kazan Telematics
• TrackGPS
• Mapon
• Intellishift
• Linxup
• Damoov
• Cambridge Telematics
• ISAAC Instruments
• Frotcom
• Argus Telematics
• Iveco
• Autotrac
• Mercedes-Benz
• Omnilink
• Volkswagen
• Teltonika Telematics
• Location Solutions Telematics LCC
• Norconsult Telematics
• FMS Tech
• Advanced Telematics Solutions
• Ctrack Matrix
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the automotive telematics market in 2024
