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Global Automotive Telematics Market Size, Trends, Analysis: By Hardware: Telematic Control Unit, Navigation Systems, Communication Devices, Audio/Video Interface, CAN Bus; By Service: Infotainment and Navigation, Others; By Technology; By Vehicle Type; By Sales Channel; Regional Analysis; Competitive Landscape; 2024-2032
Global Automotive Telematics Market Outlook
The global automotive telematics market size was approximately USD 76.63 billion in 2023. The market is further projected to grow at a CAGR of 14.9% between 2024 and 2032, reaching a value of USD 277.17 billion by 2032.
Key Takeaways
| Region | Information |
| US | 66% of fleets reported profitable investments in telematics in 2021 |
| Europe and North America | 30.4 million telematics insurance policies active as of 2022 |
| EU | The EU’s eCall initiative, which relies on automotive telematics for sending emergency alerts in case of vehicle collision, was made mandatory for all new cars in April 2018. |
Automotive telematics is a combination of many interdisciplinary fields like telecommunications, informatics, computer science, and electrical engineering to create solutions such as GPS systems, onboard vehicle diagnostics, wireless telematics devices, and black box technologies. The retrieved data from the vehicle is sent up to the cloud by the telematics device which is then decoded and reported as well as analysed through the fleet management software.
In recent times, the automotive sector has increasingly resorted to connected car technology as an essential part of all vehicles. The benefits of connected cars such as greater safety and less pollution are positively influencing the automotive telematics market growth. Another factor influencing the market is the growing demand for modern telematic solutions that increase road safety such as driver safety scorecards, vehicle health diagnostics, optimal driving condition reports, and tech assistance for accidents.
The rising demand for automotive telematics at a global scale can also be attributed to the influx of 5G-enabled vehicles, which provide access to entertainment apps, such as music streaming services. Furthermore, there is a surge in deployment of telematics control units (TCUs) inside vehicles as TCUs are not dependent on an external mobile phone or device and ensure a steady connection, impacting the market positively.
Key Trends and Developments
Growing integration of telematics systems with smartphones; telematics role in ADAS; growing demand for EV-based telematics; and deployment of data analytics and machine learning; are the major trends supporting the automotive telematics market expansion
| Date | Company | Event |
| Jun 26th, 2023 | Queclink Wireless Solutions | Announced the launch of an AI-powered dashcam, CV200, for a broad range of fleet telematics solutions. |
| Jan 23rd, 2024 | Netstar | Established a partnership with Microsoft to leverage the data from over 1.9 million connected devices for enhancing the efficiency and performance of mobility. |
| Jan 24th, 2024 | Targa Telematics | Established tie-ups with Here Technologies, a location data platform, to improve its fleet management solutions and gather real-time data for monitoring and analysis. |
| Jan 30th, 2024 | Bunge | Joined RailPulse, a railroad and freight company, in its joint telematic venture, to enhance the efficiency and visibility of freight cars in the rail shipping sector. |
| Trends | Impact |
| Growing integration of telematics systems with smartphones | This integration allows seamless connectivity between a person’s smartphone and vehicle systems and digital functionalities, enhancing users’ convenience. |
| Telematics role in advanced driver assistance systems (ADAS) | Telematics play a crucial role in ADAS functionalities such as adaptive cruise control and automated braking by storing the data and utilising it for road safety. |
| Growing demand for EV-based telematics | The rapid rise of EVs worldwide is encouraging manufacturers to develop telematics for monitoring and enhancing the vehicle range, battery performance, and overall efficiency of EVs. |
| The deployment of data analytics and machine learning | Automotive telematics are harnessing the capabilities of these technologies to analyse the data and utilise it for improving vehicle performance. |
Automotive Telematics Market Trends
One of the prominent trends is the rising adoption of EV telematics which offers useful insights into battery status and performance, and vehicle metrics, among others, to enhance the user's driving experience. It can offer users the real-time status of an EV and identify any potential issues and requirements for maintenance, which can mitigate the wear and tear of the vehicle and enhance its overall performance.
In June 2023, Queclink Wireless Solutions, an IoT device supplier, launched a smart dash cam, CV 200, which is integrated with the capabilities of AI, and offers real-time recording and video analysing features. It offers road view as well as the interior view of the vehicle and consists of a primary forward-facing camera and a second interior detachable camera.
Market Segmentation
“Automotive Telematics Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Hardware | Telematic Control Unit, Navigation Systems, Communication Devices, Audio/Video Interface, CAN Bus |
| Service | Infotainment And Navigation, Safety And Security, Fleet Management |
| Technology | Embedded, Tethered, Integrated |
| Vehicle Types | Passenger Cars, Commercial Cars |
| Sales Channel | Original Equipment Manufacturer, Aftermarket |
| Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Infotainment and navigation services account for the majority of the automotive telematics market share, offering features that facilitate improved entertainment as well as vehicle monitoring and navigation
The automotive sector is transitioning towards creating innovative technologies amid the rising demand for luxurious, safe, and smart vehicles. An in-vehicle infotainment system provides a combination of entertainment and information as well as works as a central unit for controlling and monitoring the vehicle. The telematics system is also equipped with a tracking device that helps drivers in navigating the roads, enhancing their driving experience by offering improved safety and efficiency.
The automotive telematics market development can also be attributed to the growing demand for fleet management services. Software like GPS collects data about a fleet’s real-time location and transmits it through a cellular network to the main servers. This data is then processed and converted to useful information for the fleet managers and insights received from vehicle telematics can help business owners accelerate efficiency, track fleets, and eliminate downtime.
Original equipment manufacturers (OEMs) are expected to maintain their dominance in the automotive telematics market, offering integrated telematics solutions
Original equipment manufacturers (OEM) occupy a substantial share of the vehicle telematics market as a large number of vehicles are equipped with telematics systems beforehand. This integrated telematics does not require any additional costs and activation, offering the users seamless access to telematics automatically. Telematics systems offered by OEM also face fewer vehicle downtime compared to the aftermarket, which further makes them an attractive option.
Meanwhile, the aftermarket segment is expected to witness a steady growth in the forecast period as it offers a cost-efficient solution to the end-users as well as the provision of telematics for the older models of vehicles, which does not possess telematics.
Competitive Landscape
The automotive telematics market players are introducing novel technologies to stay ahead in the competition, further increasing their collaboration efforts to meet the evolving regulatory landscape
| Company | Headquarters | Specialisation/Business Divisions |
| Robert Bosch GmbH | Gerlingen, Germany | Mobility, industrial technology, consumer goods, energy, and building technology |
| Continental AG | Hanover, Germany | Automotive, tires, ContiTech |
| Samsung Electronics Co. Ltd. (Harman International) | Seoul, South Korea | DX (Device eXperience), DS (Device Solutions), SDC (Samsung Display), Harman |
| Valeo Group | Paris, France | Driving assistance systems, powertrain systems, thermal systems, visibility systems |
Other players operating in the automotive telematics market are Marelli Holdings Co., Ltd., Verizon Communications Inc., Octo Group S.p.A, Aptiv PLC, Visteon Corporation, Airbiquity Inc., and Omnitracs, LLC, among others.
Several market players are establishing tie-ups with location data providers to provide their customers with crucial information about their driving routes and strengthen their telematics capabilities. Location data platforms are expected to enhance the real-time visibility of a fleet, offer regular monitoring, and improve overall driver safety.
Automotive Telematics Market Analysis by Region
Europe is a significant market for the technology as many road transport telematics applications have been imposed on all vehicles in the region to increase road safety. Fleet management has become a global business, and several large players offer this service globally.
Currently, Europe also leads the demand for advanced fleet management services which help to reduce operating costs and improve asset return on investment. The data collected from telematics helps fleets better control maintenance and fuel expenses through route optimisation and idling reduction. In Europe, around 66% of new vehicles are sold to corporations and with fleets becoming bigger in size, the demand for telematics to optimise fleet size and reduce cost is increasing.
The Asia Pacific automotive telematics market is also expected to witness robust growth in the forecast period due to the growth of the automotive sector and the increased demand for aftermarket telematics solutions among fleet owners seeking to upgrade their existing vehicles. Moreover, rapid digitalisation, improvement in public transportation infrastructure, and the advent of connected mobility in the region are expected to favour the regional market growth.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Hardware |
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| Breakup by Service |
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| Breakup by Technology |
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| Breakup by Vehicle Type |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Telematics Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Telematics Historical Market (2018-2023)
8.3 Global Automotive Telematics Market Forecast (2024-2032)
8.4 Global Automotive Telematics Market by Hardware
8.4.1 Telematic Control Unit
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Navigation Systems
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Communication Devices
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Audio/Video Interface
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 CAN Bus
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.5 Global Automotive Telematics Market by Service
8.5.1 Infotainment and Navigation
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Safety and Security
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fleet Management
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Automotive Telematics Market by Technology
8.6.1 Embedded
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Tethered
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Integrated
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Automotive Telematics Market by Vehicle Type
8.7.1 Passenger Cars
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Commercial Vehicles
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Automotive Telematics Market by Sales Channel
8.8.1 Original Equipment Manufacturer (OEMs)
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Aftermarket
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.9 Global Automotive Telematics Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Automotive Telematics Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Telematics Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Telematics Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Telematics Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Telematics Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Robert Bosch GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Continental AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Marelli Holdings Co., Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Samsung Electronics Co Ltd (Harman International)
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Verizon Communications Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Octo Group S.p.A
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Aptiv PLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Visteon Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Valeo Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Airbiquity Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Omnitracs, LLC
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Telematics Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Telematics Historical Market: Breakup by Hardware (USD Billion), 2018-2023
3. Global Automotive Telematics Market Forecast: Breakup by Hardware (USD Billion), 2024-2032
4. Global Automotive Telematics Historical Market: Breakup by Software (USD Billion), 2018-2023
5. Global Automotive Telematics Market Forecast: Breakup by Software (USD Billion), 2024-2032
6. Global Automotive Telematics Historical Market: Breakup by Technology (USD Billion), 2018-2023
7. Global Automotive Telematics Market Forecast: Breakup by Technology (USD Billion), 2024-2032
8. Global Automotive Telematics Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
9. Global Automotive Telematics Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
10. Global Automotive Telematics Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
11. Global Automotive Telematics Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
12. Global Automotive Telematics Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Automotive Telematics Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Automotive Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Automotive Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Automotive Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Automotive Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Automotive Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Automotive Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Automotive Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Automotive Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Automotive Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Automotive Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Automotive Telematics Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 76.63 billion.
The market is expected to grow at a CAGR of 14.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 277.17 billion by 2032.
The growing demand for connected luxury cars is supporting the integration of innovative technologies like telematics in modern vehicles.
The key trends aiding the market include the growing integration of telematics systems with smartphones, telematics role in ADAS, the growing demand for EV-based telematics, and the deployment of data analytics and machine learning.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the regional markets analysed in the market report.
Automotive telematics incorporates telematic control unit, navigation systems, communication devices, audio/video interface, and CAN bus.
The different services offered are infotainment and navigation, safety and security, and fleet management.
Technologies such as embedded, tethered, and integrated are incorporated in automotive telematics.
Both passenger cars and commercial vehicles implement telematics for monitoring purposes.
The key sales channels encompass original equipment manufacturer and aftermarket.
The key players in the market include Robert Bosch GmbH, Continental AG, Marelli Holdings Co., Ltd., Samsung Electronics Co Ltd (Harman International), Verizon Communications Inc., Octo Group S.p.A, Aptiv PLC, Visteon Corporation, Valeo Group, Airbiquity Inc., and Omnitracs, LLC, among others.
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