상용 텔레매틱스 시장 규모, 점유율, 성장 분석 : 부문별 및 지역별 산업 예측(2024-2031년)

Global Commercial Telematics Market size was valued at USD 57.65 Billion in 2023 and is poised to grow from USD 70.13 Billion in 2024 to USD 372.33 Billion by 2031, growing at a CAGR of 23.2% in the forecast period (2024-2031).

The commercial telematics market is witnessing substantial growth as fleet owners, Original Equipment Manufacturers (OEMs), and insurers increasingly integrate real-time vehicle data to enhance fleet economy and driver performance. Key metrics provided by telematics include location, speed, braking patterns, engine temperature, and fuel consumption, facilitated through diverse technologies such as dash cameras, mobile apps, sensors, GPS trackers, and engine diagnostic tools. This trend is particularly pronounced in emerging economies where telematics adoption is rising swiftly, bolstered by government regulations aimed at improving road safety and fleet management. Although the industry has faced challenges from the COVID-19 pandemic, including supply chain disruptions and a decline in trucking demand, there has been a notable increase in the appetite for usage-based insurance models. As vehicles become more connected, equipped with advanced technologies and sensors that link them to the internet and cloud services, the potential for market expansion continues to grow. The trucking and fleet sectors remain highly responsive to these advancements, making the advantages of telematics devices increasingly crucial to their operational strategies. Overall, despite recent setbacks, the convergence of regulatory drivers, technological innovation, and evolving market demands is set to propel the commercial telematics market forward in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Commercial Telematics market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Commercial Telematics Market Segmental Analysis

Global Commercial Telematics Market is segmented by Offering, by Solution Type, by End User and by Region. Based on Offering, the market is segmented into software, service. Based on Solution Type, the market is segmented into OEM and Aftermarket. Based on End User, the market is segmented into Transportation & Logistics, Insurers, Healthcare, Media and Entertainment, Vehicle Manufacturers/Dealers, Government Agencies. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Commercial Telematics Market

The Global Commercial Telematics market is significantly driven by the growing necessity for advanced fleet management solutions. As businesses across various sectors focus on enhancing operational efficiency and controlling costs, the implementation of cutting-edge telematics systems has become crucial. These systems deliver vital real-time insights regarding vehicle locations, driver behaviors, and fuel consumption patterns. By leveraging this data, companies can enhance their service offerings and minimize expenses through timely maintenance scheduling, optimal route planning, and reduced idle times. Consequently, fleet management systems have emerged as essential tools for boosting both efficiency and profitability within increasingly competitive logistics and transportation sectors.

Restraints in the Global Commercial Telematics Market

One of the major constraints facing the Global Commercial Telematics market is the high cost of implementation. While the long-term advantages of telematics technology are well recognized, many businesses, particularly small and medium enterprises (SMEs) with tighter budgets, are deterred by the significant expenses involved. The costs associated with acquiring equipment, software, installation, and ongoing maintenance can be prohibitively high. Moreover, organizations must also consider potential expenses related to personnel training and the integration of telematics with existing systems, which further elevates overall expenses. Consequently, these substantial implementation costs serve as a key barrier to broader acceptance of telematics technology.

Market Trends of the Global Commercial Telematics Market

The Global Commercial Telematics market is witnessing a significant shift towards integration with IoT and big data analytics, becoming a crucial market trend. This convergence allows companies to leverage extensive data collected from vehicles, capturing real-time performance metrics and environmental conditions. As organizations harness advanced analytics, they gain valuable insights that enhance decision-making, driving improvements in fleet efficiency. Proactive identification of maintenance needs, optimization of routing plans, and monitoring of driver behavior are redefining fleet management practices. With an increasing demand for data-driven strategies, this integration is poised to shape the future landscape of the commercial telematics sector.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Technological Advancement
• Regulatory Landscape
• Patent Analysis
• Value Chain Analysis
• Case Study Analysis
• Customer & Buying Criteria Analysis

Global Commercial Telematics Market Size by Offering & CAGR (2024-2031)

• Software
  • Fleet Management Software
  • Safety Management Software
• Telematics Productivity Software
• Telematics Compliance Software
• V2X Software
• Others Software
• Service
• Professional Services
• Managed Services

Global Commercial Telematics Market Size by Solution Type & CAGR (2024-2031)

• OEM
• Aftermarket

Global Commercial Telematics Market Size by End User & CAGR (2024-2031)

• Transportation & Logistics
• Insurers
• Healthcare
• Media and Entertainment
• Vehicle Manufacturers/Dealers
• Government Agencies

Global Commercial Telematics Market Size by Region & CAGR (2024-2031)

• North America, (by Offering, by Solution Type, by End User)
  • US
  • Canada
• Europe, (by Offering, by Solution Type, by End User)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (by Offering, by Solution Type, by End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (by Offering, by Solution Type, by End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (by Offering, by Solution Type, by End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Mix Telematics
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fleet Complete
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Microlise Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vontier Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trimble Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Navistar, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Geotab Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Solera Holdings, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Daimler AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Karooooo Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Michelin
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Verizon Communications Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Continental AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Omnitracs LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Philips Connect
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Verizon Connect
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PTC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trimble
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tomtom
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Masternaut Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation