Car Sharing Telematics Market By Service , By Business Model By Form By Component : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

Car Sharing Telematics Market

The car sharing telematics market was valued at $259.3 million in 2023 and is projected to reach $872.8 million by 2033, growing at a CAGR of 13.2% from 2024 to 2033.

Car sharing telematics is an innovative technology used by fleet managers to track different variables of vehicles such as their location, fuel quantity, and battery levels for electric cars. The technology assimilates the attributes of global positioning system (GPS), telecommunications, and diagnostic sensors to monitor & regulate vehicles remotely. Telematics aids the fleet managers in reducing expenses, enhancing vehicle efficiency, and contributing toward sustainability.

With increasing popularity of car sharing services, the fleet owners strive to enhance the experience of users. This is a major factor boosting the adoption of car sharing telematics technology. In addition, the technology helps in enhancing the safety features of vehicles through predictive risk management, thereby driving the growth of the market. To facilitate data sharing & handling and accelerate real-time connectivity, the assimilation of cloud computing technologies with telematics is an emerging trend in the market. This assimilation automates the routine tasks for vehicles and generates customized alters & notifications in case of discrepancies.

However, the threat of data breaches is a major restraint for the growth of the car sharing telematics market. According to SecurityWeek-a provider of cybersecurity news and information-in 2022, a group of 7 security researchers detected several weaknesses in the telematics application programming interface of some giant car manufacturers, including Ford, Porsche, Rolls Royce, BMW, and Ferrari. Contrarily, innovative technologies such as AI< the Internet of Things (IoT), and ML are anticipated to optimize the fleet management process and enhance the security of telematics through predictive analytics.

Segment Review

The car sharing telematics market is segmented into service, business model, form, component, and region. On the basis of service, the market is divided into automatic crash notification, emergency, navigation, assistance & access, diagnostics, fleet management, billing, and others. Depending on business model, the market is classified into subscription-based model, pay-per-use-model, corporate fleet management, partnerships with OEMs, and others. As per form, it is categorized into embedded, tethered, and integrated. According to component, the market is segmented into GPS receiver, accelerometer, engine interface, sim card, software, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of service, the fleet management segment dominated the market in 2023.

Depending on business model, the subscription-based model segment was the highest shareholder in 2023.

As per form, the embedded segment acquired a high stake in the market in 2023.

According to component, the GPS receiver segment held a high share in the market in 2023.

Region wise, North America was the highest revenue generator in 2023.

Competition Analysis

The leading players operating in the global car sharing telematics market include Cal/Amp, Geotab Inc., Invers GmbH, Octo Group Spa, Ridecell Inc., Samsara Inc., Verizon, Vulog, Mobility Tech Green, Targa Telematic, Openfleet, WeGo BV, Fleester, MoC Sharing, and Convadis AG. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

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Investment Opportunities
New Product Development/ Product Matrix of Key Players
Market share analysis of players at global/region/country level

Key Market Segments

By Service

Automatic Crash Notification
Emergency
Navigation
Assistance Access
Diagnostics
Fleet Management
Billing
Others

By Business Model

Subscription-based Model
Pay-Per-Use-Model
Corporate Fleet Management
Partnerships with OEMs
Others

By Form

Embedded
Tethered
Integrated

By Component

GPS Receiver
Accelerometer
Engine Interface
Sim Card
Software
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA

Key Market Players:

Cal/Amp
Geotab Inc.
Invers GmbH
Octo Group Spa
Ridecell Inc.
Samsara Inc.
Verizon
Vulog
Mobility Tech Green
Targa Telematic
Openfleet
WeGo BV
Fleester
MoC Sharing
Convadis AG

Product Code: A238778

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: CAR SHARING TELEMATICS MARKET, BY SERVICE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Service
4.2. Automatic Crash Notification
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Emergency
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
4.4. Navigation
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
4.5. Assistance Access
- 4.5.1. Key Market Trends, Growth Factors and Opportunities
- 4.5.2. Market Size and Forecast, By Region
- 4.5.3. Market Share Analysis, By Country
4.6. Diagnostics
- 4.6.1. Key Market Trends, Growth Factors and Opportunities
- 4.6.2. Market Size and Forecast, By Region
- 4.6.3. Market Share Analysis, By Country
4.7. Fleet Management
- 4.7.1. Key Market Trends, Growth Factors and Opportunities
- 4.7.2. Market Size and Forecast, By Region
- 4.7.3. Market Share Analysis, By Country
4.8. Billing
- 4.8.1. Key Market Trends, Growth Factors and Opportunities
- 4.8.2. Market Size and Forecast, By Region
- 4.8.3. Market Share Analysis, By Country
4.9. Others
- 4.9.1. Key Market Trends, Growth Factors and Opportunities
- 4.9.2. Market Size and Forecast, By Region
- 4.9.3. Market Share Analysis, By Country

CHAPTER 5: CAR SHARING TELEMATICS MARKET, BY BUSINESS MODEL

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Business Model
5.2. Subscription-based Model
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Pay-Per-Use-Model
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Corporate Fleet Management
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
5.5. Partnerships With OEMs
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
5.6. Others
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country

CHAPTER 6: CAR SHARING TELEMATICS MARKET, BY FORM

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Form
6.2. Embedded
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. Tethered
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Integrated
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country

CHAPTER 7: CAR SHARING TELEMATICS MARKET, BY COMPONENT

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Component
7.2. GPS Receiver
- 7.2.1. Key Market Trends, Growth Factors and Opportunities
- 7.2.2. Market Size and Forecast, By Region
- 7.2.3. Market Share Analysis, By Country
7.3. Accelerometer
- 7.3.1. Key Market Trends, Growth Factors and Opportunities
- 7.3.2. Market Size and Forecast, By Region
- 7.3.3. Market Share Analysis, By Country
7.4. Engine Interface
- 7.4.1. Key Market Trends, Growth Factors and Opportunities
- 7.4.2. Market Size and Forecast, By Region
- 7.4.3. Market Share Analysis, By Country
7.5. Sim Card
- 7.5.1. Key Market Trends, Growth Factors and Opportunities
- 7.5.2. Market Size and Forecast, By Region
- 7.5.3. Market Share Analysis, By Country
7.6. Software
- 7.6.1. Key Market Trends, Growth Factors and Opportunities
- 7.6.2. Market Size and Forecast, By Region
- 7.6.3. Market Share Analysis, By Country
7.7. Others
- 7.7.1. Key Market Trends, Growth Factors and Opportunities
- 7.7.2. Market Size and Forecast, By Region
- 7.7.3. Market Share Analysis, By Country

CHAPTER 8: CAR SHARING TELEMATICS MARKET, BY REGION

8.1. Market Overview
- 8.1.1 Market Size and Forecast, By Region
8.2. North America
- 8.2.1. Key Market Trends and Opportunities
- 8.2.2. Market Size and Forecast, By Service
- 8.2.3. Market Size and Forecast, By Business Model
- 8.2.4. Market Size and Forecast, By Form
- 8.2.5. Market Size and Forecast, By Component
- 8.2.6. Market Size and Forecast, By Country
- 8.2.7. U.S. Car Sharing Telematics Market
  - 8.2.7.1. Market Size and Forecast, By Service
  - 8.2.7.2. Market Size and Forecast, By Business Model
  - 8.2.7.3. Market Size and Forecast, By Form
  - 8.2.7.4. Market Size and Forecast, By Component
- 8.2.8. Canada Car Sharing Telematics Market
  - 8.2.8.1. Market Size and Forecast, By Service
  - 8.2.8.2. Market Size and Forecast, By Business Model
  - 8.2.8.3. Market Size and Forecast, By Form
  - 8.2.8.4. Market Size and Forecast, By Component
- 8.2.9. Mexico Car Sharing Telematics Market
  - 8.2.9.1. Market Size and Forecast, By Service
  - 8.2.9.2. Market Size and Forecast, By Business Model
  - 8.2.9.3. Market Size and Forecast, By Form
  - 8.2.9.4. Market Size and Forecast, By Component
8.3. Europe
- 8.3.1. Key Market Trends and Opportunities
- 8.3.2. Market Size and Forecast, By Service
- 8.3.3. Market Size and Forecast, By Business Model
- 8.3.4. Market Size and Forecast, By Form
- 8.3.5. Market Size and Forecast, By Component
- 8.3.6. Market Size and Forecast, By Country
- 8.3.7. France Car Sharing Telematics Market
  - 8.3.7.1. Market Size and Forecast, By Service
  - 8.3.7.2. Market Size and Forecast, By Business Model
  - 8.3.7.3. Market Size and Forecast, By Form
  - 8.3.7.4. Market Size and Forecast, By Component
- 8.3.8. Germany Car Sharing Telematics Market
  - 8.3.8.1. Market Size and Forecast, By Service
  - 8.3.8.2. Market Size and Forecast, By Business Model
  - 8.3.8.3. Market Size and Forecast, By Form
  - 8.3.8.4. Market Size and Forecast, By Component
- 8.3.9. Italy Car Sharing Telematics Market
  - 8.3.9.1. Market Size and Forecast, By Service
  - 8.3.9.2. Market Size and Forecast, By Business Model
  - 8.3.9.3. Market Size and Forecast, By Form
  - 8.3.9.4. Market Size and Forecast, By Component
- 8.3.10. Spain Car Sharing Telematics Market
  - 8.3.10.1. Market Size and Forecast, By Service
  - 8.3.10.2. Market Size and Forecast, By Business Model
  - 8.3.10.3. Market Size and Forecast, By Form
  - 8.3.10.4. Market Size and Forecast, By Component
- 8.3.11. UK Car Sharing Telematics Market
  - 8.3.11.1. Market Size and Forecast, By Service
  - 8.3.11.2. Market Size and Forecast, By Business Model
  - 8.3.11.3. Market Size and Forecast, By Form
  - 8.3.11.4. Market Size and Forecast, By Component
- 8.3.12. Russia Car Sharing Telematics Market
  - 8.3.12.1. Market Size and Forecast, By Service
  - 8.3.12.2. Market Size and Forecast, By Business Model
  - 8.3.12.3. Market Size and Forecast, By Form
  - 8.3.12.4. Market Size and Forecast, By Component
- 8.3.13. Rest of Europe Car Sharing Telematics Market
  - 8.3.13.1. Market Size and Forecast, By Service
  - 8.3.13.2. Market Size and Forecast, By Business Model
  - 8.3.13.3. Market Size and Forecast, By Form
  - 8.3.13.4. Market Size and Forecast, By Component
8.4. Asia-Pacific
- 8.4.1. Key Market Trends and Opportunities
- 8.4.2. Market Size and Forecast, By Service
- 8.4.3. Market Size and Forecast, By Business Model
- 8.4.4. Market Size and Forecast, By Form
- 8.4.5. Market Size and Forecast, By Component
- 8.4.6. Market Size and Forecast, By Country
- 8.4.7. China Car Sharing Telematics Market
  - 8.4.7.1. Market Size and Forecast, By Service
  - 8.4.7.2. Market Size and Forecast, By Business Model
  - 8.4.7.3. Market Size and Forecast, By Form
  - 8.4.7.4. Market Size and Forecast, By Component
- 8.4.8. Japan Car Sharing Telematics Market
  - 8.4.8.1. Market Size and Forecast, By Service
  - 8.4.8.2. Market Size and Forecast, By Business Model
  - 8.4.8.3. Market Size and Forecast, By Form
  - 8.4.8.4. Market Size and Forecast, By Component
- 8.4.9. India Car Sharing Telematics Market
  - 8.4.9.1. Market Size and Forecast, By Service
  - 8.4.9.2. Market Size and Forecast, By Business Model
  - 8.4.9.3. Market Size and Forecast, By Form
  - 8.4.9.4. Market Size and Forecast, By Component
- 8.4.10. South Korea Car Sharing Telematics Market
  - 8.4.10.1. Market Size and Forecast, By Service
  - 8.4.10.2. Market Size and Forecast, By Business Model
  - 8.4.10.3. Market Size and Forecast, By Form
  - 8.4.10.4. Market Size and Forecast, By Component
- 8.4.11. Australia Car Sharing Telematics Market
  - 8.4.11.1. Market Size and Forecast, By Service
  - 8.4.11.2. Market Size and Forecast, By Business Model
  - 8.4.11.3. Market Size and Forecast, By Form
  - 8.4.11.4. Market Size and Forecast, By Component
- 8.4.12. Thailand Car Sharing Telematics Market
  - 8.4.12.1. Market Size and Forecast, By Service
  - 8.4.12.2. Market Size and Forecast, By Business Model
  - 8.4.12.3. Market Size and Forecast, By Form
  - 8.4.12.4. Market Size and Forecast, By Component
- 8.4.13. Malaysia Car Sharing Telematics Market
  - 8.4.13.1. Market Size and Forecast, By Service
  - 8.4.13.2. Market Size and Forecast, By Business Model
  - 8.4.13.3. Market Size and Forecast, By Form
  - 8.4.13.4. Market Size and Forecast, By Component
- 8.4.14. Indonesia Car Sharing Telematics Market
  - 8.4.14.1. Market Size and Forecast, By Service
  - 8.4.14.2. Market Size and Forecast, By Business Model
  - 8.4.14.3. Market Size and Forecast, By Form
  - 8.4.14.4. Market Size and Forecast, By Component
- 8.4.15. Rest of Asia-Pacific Car Sharing Telematics Market
  - 8.4.15.1. Market Size and Forecast, By Service
  - 8.4.15.2. Market Size and Forecast, By Business Model
  - 8.4.15.3. Market Size and Forecast, By Form
  - 8.4.15.4. Market Size and Forecast, By Component
8.5. LAMEA
- 8.5.1. Key Market Trends and Opportunities
- 8.5.2. Market Size and Forecast, By Service
- 8.5.3. Market Size and Forecast, By Business Model
- 8.5.4. Market Size and Forecast, By Form
- 8.5.5. Market Size and Forecast, By Component
- 8.5.6. Market Size and Forecast, By Country
- 8.5.7. Brazil Car Sharing Telematics Market
  - 8.5.7.1. Market Size and Forecast, By Service
  - 8.5.7.2. Market Size and Forecast, By Business Model
  - 8.5.7.3. Market Size and Forecast, By Form
  - 8.5.7.4. Market Size and Forecast, By Component
- 8.5.8. South Africa Car Sharing Telematics Market
  - 8.5.8.1. Market Size and Forecast, By Service
  - 8.5.8.2. Market Size and Forecast, By Business Model
  - 8.5.8.3. Market Size and Forecast, By Form
  - 8.5.8.4. Market Size and Forecast, By Component
- 8.5.9. Saudi Arabia Car Sharing Telematics Market
  - 8.5.9.1. Market Size and Forecast, By Service
  - 8.5.9.2. Market Size and Forecast, By Business Model
  - 8.5.9.3. Market Size and Forecast, By Form
  - 8.5.9.4. Market Size and Forecast, By Component
- 8.5.10. UAE Car Sharing Telematics Market
  - 8.5.10.1. Market Size and Forecast, By Service
  - 8.5.10.2. Market Size and Forecast, By Business Model
  - 8.5.10.3. Market Size and Forecast, By Form
  - 8.5.10.4. Market Size and Forecast, By Component
- 8.5.11. Argentina Car Sharing Telematics Market
  - 8.5.11.1. Market Size and Forecast, By Service
  - 8.5.11.2. Market Size and Forecast, By Business Model
  - 8.5.11.3. Market Size and Forecast, By Form
  - 8.5.11.4. Market Size and Forecast, By Component
- 8.5.12. Rest of LAMEA Car Sharing Telematics Market
  - 8.5.12.1. Market Size and Forecast, By Service
  - 8.5.12.2. Market Size and Forecast, By Business Model
  - 8.5.12.3. Market Size and Forecast, By Form
  - 8.5.12.4. Market Size and Forecast, By Component

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top Winning Strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top Player Positioning, 2023

CHAPTER 10: COMPANY PROFILES

10.1. Cal/Amp
- 10.1.1. Company Overview
- 10.1.2. Key Executives
- 10.1.3. Company Snapshot
- 10.1.4. Operating Business Segments
- 10.1.5. Product Portfolio
- 10.1.6. Business Performance
- 10.1.7. Key Strategic Moves and Developments
10.2. Geotab Inc.
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Operating Business Segments
- 10.2.5. Product Portfolio
- 10.2.6. Business Performance
- 10.2.7. Key Strategic Moves and Developments
10.3. Invers GmbH
- 10.3.1. Company Overview
- 10.3.2. Key Executives
- 10.3.3. Company Snapshot
- 10.3.4. Operating Business Segments
- 10.3.5. Product Portfolio
- 10.3.6. Business Performance
- 10.3.7. Key Strategic Moves and Developments
10.4. Octo Group Spa
- 10.4.1. Company Overview
- 10.4.2. Key Executives
- 10.4.3. Company Snapshot
- 10.4.4. Operating Business Segments
- 10.4.5. Product Portfolio
- 10.4.6. Business Performance
- 10.4.7. Key Strategic Moves and Developments
10.5. Ridecell Inc.
- 10.5.1. Company Overview
- 10.5.2. Key Executives
- 10.5.3. Company Snapshot
- 10.5.4. Operating Business Segments
- 10.5.5. Product Portfolio
- 10.5.6. Business Performance
- 10.5.7. Key Strategic Moves and Developments
10.6. Samsara Inc.
- 10.6.1. Company Overview
- 10.6.2. Key Executives
- 10.6.3. Company Snapshot
- 10.6.4. Operating Business Segments
- 10.6.5. Product Portfolio
- 10.6.6. Business Performance
- 10.6.7. Key Strategic Moves and Developments
10.7. Verizon
- 10.7.1. Company Overview
- 10.7.2. Key Executives
- 10.7.3. Company Snapshot
- 10.7.4. Operating Business Segments
- 10.7.5. Product Portfolio
- 10.7.6. Business Performance
- 10.7.7. Key Strategic Moves and Developments
10.8. Vulog
- 10.8.1. Company Overview
- 10.8.2. Key Executives
- 10.8.3. Company Snapshot
- 10.8.4. Operating Business Segments
- 10.8.5. Product Portfolio
- 10.8.6. Business Performance
- 10.8.7. Key Strategic Moves and Developments
10.9. Mobility Tech Green
- 10.9.1. Company Overview
- 10.9.2. Key Executives
- 10.9.3. Company Snapshot
- 10.9.4. Operating Business Segments
- 10.9.5. Product Portfolio
- 10.9.6. Business Performance
- 10.9.7. Key Strategic Moves and Developments
10.10. Targa Telematic
- 10.10.1. Company Overview
- 10.10.2. Key Executives
- 10.10.3. Company Snapshot
- 10.10.4. Operating Business Segments
- 10.10.5. Product Portfolio
- 10.10.6. Business Performance
- 10.10.7. Key Strategic Moves and Developments
10.11. Openfleet
- 10.11.1. Company Overview
- 10.11.2. Key Executives
- 10.11.3. Company Snapshot
- 10.11.4. Operating Business Segments
- 10.11.5. Product Portfolio
- 10.11.6. Business Performance
- 10.11.7. Key Strategic Moves and Developments
10.12. WeGo BV
- 10.12.1. Company Overview
- 10.12.2. Key Executives
- 10.12.3. Company Snapshot
- 10.12.4. Operating Business Segments
- 10.12.5. Product Portfolio
- 10.12.6. Business Performance
- 10.12.7. Key Strategic Moves and Developments
10.13. Fleester
- 10.13.1. Company Overview
- 10.13.2. Key Executives
- 10.13.3. Company Snapshot
- 10.13.4. Operating Business Segments
- 10.13.5. Product Portfolio
- 10.13.6. Business Performance
- 10.13.7. Key Strategic Moves and Developments
10.14. MoC Sharing
- 10.14.1. Company Overview
- 10.14.2. Key Executives
- 10.14.3. Company Snapshot
- 10.14.4. Operating Business Segments
- 10.14.5. Product Portfolio
- 10.14.6. Business Performance
- 10.14.7. Key Strategic Moves and Developments
10.15. Convadis AG
- 10.15.1. Company Overview
- 10.15.2. Key Executives
- 10.15.3. Company Snapshot
- 10.15.4. Operating Business Segments
- 10.15.5. Product Portfolio
- 10.15.6. Business Performance
- 10.15.7. Key Strategic Moves and Developments