Global passenger vehicle telematics market 2024-2028

Description

List of Tables

Technavio has been monitoring the passenger vehicle telematics market and is forecast to grow by USD 46.2 bn during 2023-2028, accelerating at a CAGR of 24.94% during the forecast period. Our report on the passenger vehicle telematics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by OEM push for embedded telematics systems in BRIC nations, growing integration of smartphones and tablets in automobiles, and growing popularity of EVs.

Technavio's passenger vehicle telematics market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	19.47%
CAGR	24.94%
Incremental Value	$46.2bn

By Product

Smartphone integration
Tethered
Embedded

By Type

Remote message processing system
Brake system
Transmission control system

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the adoption of video telematics to precisely track driver behavior as one of the prime reasons driving the passenger vehicle telematics market growth during the next few years. Also, shared data plans to reduce number of data subscriptions per user and growing popularity of API will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the passenger vehicle telematics market covers the following areas:

Passenger vehicle telematics market sizing
Passenger vehicle telematics market forecast
Passenger vehicle telematics market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading passenger vehicle telematics market vendors that include Agero Inc., Airbiquity Inc., AT and T Inc., Bridgestone Corp., Bynx Ltd., Continental AG, Danaher Corp., BorgWarner Inc., DXC Technology Co., Fleet Complete, Garmin Ltd., OCTO Telematics S.p.A, Robert Bosch GmbH, Telefonaktiebolaget LM Ericsson, Telenav Inc., Trimble Inc., Valeo SA, Verizon Communications Inc., Visteon Corp., and Vodafone Group Plc. Also, the passenger vehicle telematics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43720

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Passenger Vehicle Telematics Market 2018 - 2022
- Historic Market Size - Data Table on Global Passenger Vehicle Telematics Market 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Smartphone integration - Market size and forecast 2023-2028
- Chart on Smartphone integration - Market size and forecast 2023-2028 ($ billion)
- Data Table on Smartphone integration - Market size and forecast 2023-2028 ($ billion)
- Chart on Smartphone integration - Year-over-year growth 2023-2028 (%)
- Data Table on Smartphone integration - Year-over-year growth 2023-2028 (%)
6.4 Tethered - Market size and forecast 2023-2028
- Chart on Tethered - Market size and forecast 2023-2028 ($ billion)
- Data Table on Tethered - Market size and forecast 2023-2028 ($ billion)
- Chart on Tethered - Year-over-year growth 2023-2028 (%)
- Data Table on Tethered - Year-over-year growth 2023-2028 (%)
6.5 Embedded - Market size and forecast 2023-2028
- Chart on Embedded - Market size and forecast 2023-2028 ($ billion)
- Data Table on Embedded - Market size and forecast 2023-2028 ($ billion)
- Chart on Embedded - Year-over-year growth 2023-2028 (%)
- Data Table on Embedded - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Remote message processing system - Market size and forecast 2023-2028
- Chart on Remote message processing system - Market size and forecast 2023-2028 ($ billion)
- Data Table on Remote message processing system - Market size and forecast 2023-2028 ($ billion)
- Chart on Remote message processing system - Year-over-year growth 2023-2028 (%)
- Data Table on Remote message processing system - Year-over-year growth 2023-2028 (%)
7.4 Brake system - Market size and forecast 2023-2028
- Chart on Brake system - Market size and forecast 2023-2028 ($ billion)
- Data Table on Brake system - Market size and forecast 2023-2028 ($ billion)
- Chart on Brake system - Year-over-year growth 2023-2028 (%)
- Data Table on Brake system - Year-over-year growth 2023-2028 (%)
7.5 Transmission control system - Market size and forecast 2023-2028
- Chart on Transmission control system - Market size and forecast 2023-2028 ($ billion)
- Data Table on Transmission control system - Market size and forecast 2023-2028 ($ billion)
- Chart on Transmission control system - Year-over-year growth 2023-2028 (%)
- Data Table on Transmission control system - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Agero Inc.
- Agero Inc. - Overview
- Agero Inc. - Product / Service
- Agero Inc. - Key offerings
12.4 Airbiquity Inc.
- Airbiquity Inc. - Overview
- Airbiquity Inc. - Product / Service
- Airbiquity Inc. - Key offerings
12.5 AT and T Inc.
- AT and T Inc. - Overview
- AT and T Inc. - Business segments
- AT and T Inc. - Key news
- AT and T Inc. - Key offerings
- AT and T Inc. - Segment focus
12.6 Bridgestone Corp.
- Bridgestone Corp. - Overview
- Bridgestone Corp. - Business segments
- Bridgestone Corp. - Key news
- Bridgestone Corp. - Key offerings
- Bridgestone Corp. - Segment focus
12.7 Bynx Ltd.
- Bynx Ltd. - Overview
- Bynx Ltd. - Product / Service
- Bynx Ltd. - Key offerings
12.8 Continental AG
- Continental AG - Overview
- Continental AG - Business segments
- Continental AG - Key news
- Continental AG - Key offerings
- Continental AG - Segment focus
12.9 Danaher Corp.
- Danaher Corp. - Overview
- Danaher Corp. - Business segments
- Danaher Corp. - Key news
- Danaher Corp. - Key offerings
- Danaher Corp. - Segment focus
12.10 BorgWarner Inc.
- BorgWarner Inc. - Overview
- BorgWarner Inc. - Business segments
- BorgWarner Inc. - Key news
- BorgWarner Inc. - Key offerings
- BorgWarner Inc. - Segment focus
12.11 DXC Technology Co.
- DXC Technology Co. - Overview
- DXC Technology Co. - Business segments
- DXC Technology Co. - Key news
- DXC Technology Co. - Key offerings
- DXC Technology Co. - Segment focus
12.12 Fleet Complete
- Fleet Complete - Overview
- Fleet Complete - Product / Service
- Fleet Complete - Key offerings
12.13 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings
12.14 Telefonaktiebolaget LM Ericsson
- Telefonaktiebolaget LM Ericsson - Overview
- Telefonaktiebolaget LM Ericsson - Business segments
- Telefonaktiebolaget LM Ericsson - Key news
- Telefonaktiebolaget LM Ericsson - Key offerings
- Telefonaktiebolaget LM Ericsson - Segment focus
12.15 Trimble Inc.
- Trimble Inc. - Overview
- Trimble Inc. - Business segments
- Trimble Inc. - Key offerings
- Trimble Inc. - Segment focus
12.16 Verizon Communications Inc.
- Verizon Communications Inc. - Overview
- Verizon Communications Inc. - Business segments
- Verizon Communications Inc. - Key news
- Verizon Communications Inc. - Key offerings
- Verizon Communications Inc. - Segment focus
12.17 Visteon Corp.
- Visteon Corp. - Overview
- Visteon Corp. - Product / Service
- Visteon Corp. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations