Commercial Vehicle Telematics Software Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025

Description

The global commercial vehicle telematics software market is poised for significant growth, with revenues projected to increase from an estimated $6.7 billion in 2024 to $15.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 15.1% during 2025-2030. This expansion is driven by the increasing use of data analytics by fleet owners, which assists in making accurate decisions, enhancing efficiency, and optimizing operations. Additionally, the need for cost-efficiency and improved productivity in the transportation industry is propelling the adoption of telematics software, offering continuous monitoring of driver behavior, route optimization, and real-time vehicle tracking.

Key Insights

The integration of artificial intelligence (AI) and machine learning (ML) technologies is a significant trend in the market. By evaluating historical data on vehicle performance, maintenance, and usage trends, AI and ML aid in predictive maintenance, assisting in the anticipation of vehicle breakdowns or maintenance needs. This proactive approach helps in reducing downtime and maintenance costs.

The original equipment manufacturer (OEM) sales channel category is expected to dominate the market, as OEMs increasingly incorporate telematics solutions into their vehicles to enhance value propositions and comply with regulatory standards. This integration provides end-users with seamless, factory-installed telematics systems that offer enhanced functionality and reliability.

North America is anticipated to hold the largest market share, attributed to the early adoption of advanced technologies and stringent regulatory requirements promoting vehicle safety and efficiency. Meanwhile, the Asia-Pacific region is projected to experience the fastest growth during the forecast period, driven by expanding transportation and logistics sectors and increasing awareness of the benefits of telematics solutions.

The market is characterized by a fragmented landscape, with numerous players offering a wide range of services. Companies are focusing on innovation, strategic partnerships, and mergers and acquisitions to strengthen their market positions and expand their service offerings. The increasing emphasis on digital transformation and the need for scalable, cost-effective solutions present significant opportunities for market participants.

Product Code: 13222

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by offering
- 1.4.2. Market size breakdown, by propulsion
- 1.4.3. Market size breakdown, by vehicle type
- 1.4.4. Market size breakdown, by sales channel
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Offering (2019-2030)
6.3. Market Revenue, by Propulsion (2019-2030)
6.4. Market Revenue, by Vehicle Type (2019-2030)
6.5. Market Revenue, by Sales Channel (2019-2030)
6.6. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Offering (2019-2030)
7.3. Market Revenue, by Propulsion (2019-2030)
7.4. Market Revenue, by Vehicle Type (2019-2030)
7.5. Market Revenue, by Sales Channel (2019-2030)
7.6. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Offering (2019-2030)
8.3. Market Revenue, by Propulsion (2019-2030)
8.4. Market Revenue, by Vehicle Type (2019-2030)
8.5. Market Revenue, by Sales Channel (2019-2030)
8.6. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Offering (2019-2030)
9.3. Market Revenue, by Propulsion (2019-2030)
9.4. Market Revenue, by Vehicle Type (2019-2030)
9.5. Market Revenue, by Sales Channel (2019-2030)
9.6. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Offering (2019-2030)
10.3. Market Revenue, by Propulsion (2019-2030)
10.4. Market Revenue, by Vehicle Type (2019-2030)
10.5. Market Revenue, by Sales Channel (2019-2030)
10.6. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Offering (2019-2030)
11.3. Market Revenue, by Propulsion (2019-2030)
11.4. Market Revenue, by Vehicle Type (2019-2030)
11.5. Market Revenue, by Sales Channel (2019-2030)
11.6. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Offering (2019-2030)
12.3. Market Revenue, by Propulsion (2019-2030)
12.4. Market Revenue, by Vehicle Type (2019-2030)
12.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Offering (2019-2030)
13.3. Market Revenue, by Propulsion (2019-2030)
13.4. Market Revenue, by Vehicle Type (2019-2030)
13.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Offering (2019-2030)
14.3. Market Revenue, by Propulsion (2019-2030)
14.4. Market Revenue, by Vehicle Type (2019-2030)
14.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Offering (2019-2030)
15.3. Market Revenue, by Propulsion (2019-2030)
15.4. Market Revenue, by Vehicle Type (2019-2030)
15.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Offering (2019-2030)
16.3. Market Revenue, by Propulsion (2019-2030)
16.4. Market Revenue, by Vehicle Type (2019-2030)
16.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Offering (2019-2030)
17.3. Market Revenue, by Propulsion (2019-2030)
17.4. Market Revenue, by Vehicle Type (2019-2030)
17.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Offering (2019-2030)
18.3. Market Revenue, by Propulsion (2019-2030)
18.4. Market Revenue, by Vehicle Type (2019-2030)
18.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Offering (2019-2030)
19.3. Market Revenue, by Propulsion (2019-2030)
19.4. Market Revenue, by Vehicle Type (2019-2030)
19.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Offering (2019-2030)
20.3. Market Revenue, by Propulsion (2019-2030)
20.4. Market Revenue, by Vehicle Type (2019-2030)
20.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Offering (2019-2030)
21.3. Market Revenue, by Propulsion (2019-2030)
21.4. Market Revenue, by Vehicle Type (2019-2030)
21.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Offering (2019-2030)
22.3. Market Revenue, by Propulsion (2019-2030)
22.4. Market Revenue, by Vehicle Type (2019-2030)
22.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Offering (2019-2030)
23.3. Market Revenue, by Propulsion (2019-2030)
23.4. Market Revenue, by Vehicle Type (2019-2030)
23.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Offering (2019-2030)
24.3. Market Revenue, by Propulsion (2019-2030)
24.4. Market Revenue, by Vehicle Type (2019-2030)
24.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Offering (2019-2030)
25.3. Market Revenue, by Propulsion (2019-2030)
25.4. Market Revenue, by Vehicle Type (2019-2030)
25.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Offering (2019-2030)
26.3. Market Revenue, by Propulsion (2019-2030)
26.4. Market Revenue, by Vehicle Type (2019-2030)
26.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Offering (2019-2030)
27.3. Market Revenue, by Propulsion (2019-2030)
27.4. Market Revenue, by Vehicle Type (2019-2030)
27.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Offering (2019-2030)
28.3. Market Revenue, by Propulsion (2019-2030)
28.4. Market Revenue, by Vehicle Type (2019-2030)
28.5. Market Revenue, by Sales Channel (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Verizon Connect
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Geotab Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Trimble Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. PTC Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Omnitracs LLC
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Masternaut Limited
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Microlise Limited
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Inseego Corp.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Samsara Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Octo Telematics S.p.A.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. MiX Telematics International (Pty) Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Zonar Systems Inc.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Commercial Vehicle Telematics Software Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)