Connected Truck Market (2026 - 2035)

ID: MRFR/AT/28117-HCR
128 Pages
Shubham Munde
Last Updated: August 24, 2026
Connected Truck Market Research Report By Vehicle Type (Heavy Commercial Vehicles, Light Commercial Vehicles), By Range (Long Range (Telematics Control Unit), Dedicated Short-Range Communication (DSRC)), By Communication Type (Vehicle-to-Cloud (V2C), Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I)) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035
Connected Truck Market
Market Size
Forecast Period2026-2035
CAGR (2026-2035)14.80%
2021 Market Size37.1 USD Billion
2024 Market Size42.59 USD Billion
Key Players
Daimler Truck
Volvo Group
PACCAR
Trimble
Continental AG
Robert Bosch
Opportunities
  • Data-Monetization and Insurance-Telematics Business Models
  • Electric-Truck Connectivity and Battery Health Management
  • Emerging-Market Leapfrog via Satellite and LPWAN Connectivity
  1. 1 Market Overview |
    1. 1.1 Study Assumptions & Market Definition |
    2. 1.2 Scope of the Study |
    3. 1.3 Research Methodology
  2. 2 Market Summary & Key Takeaways
  3. 3 Market Dynamics |
    1. 3.1 Market Drivers Analysis | |
      1. 3.1.1 Regulatory Mandates (ELD, Smart Tachograph, Euro VII) | |
      2. 3.1.2 Fleet Efficiency & Total-Cost-of-Ownership Optimization | |
      3. 3.1.3 E-Commerce Logistics & Real-Time Visibility Demand | |
      4. 3.1.4 Cloud-Platform Economics & Data Analytics Adoption | |
      5. 3.1.5 Autonomous & Platooning Readiness | |
      6. 3.1.6 Electric Truck Integration & Battery Monitoring | |
      7. 3.1.7 Insurance Telematics & Risk-Based Pricing |
    2. 3.2 Market Restraints Analysis | |
      1. 3.2.1 Cybersecurity Risks & Data-Privacy Regulations | |
      2. 3.2.2 High Upfront Integration Cost for Legacy Fleets | |
      3. 3.2.3 Fragmented Communication Standards | |
      4. 3.2.4 Rural & Cross-Border Connectivity Gaps | |
      5. 3.2.5 Driver Resistance & Workforce Training Burden |
    3. 3.3 Market Opportunity Analysis | |
      1. 3.3.1 Data-Monetization & Insurance-Telematics Business Models | |
      2. 3.3.2 Electric-Truck Connectivity & Battery Health Management | |
      3. 3.3.3 Emerging-Market Leapfrog via Satellite & LPWAN | |
      4. 3.3.4 Autonomous-Ready Connectivity Stacks | |
      5. 3.3.5 Smart-Corridor & Toll-Interoperability Programs |
    4. 3.4 Industry Value Chain Analysis |
    5. 3.5 Porter's Five Forces Analysis
  4. 4 Global Connected Truck Market Size & Forecast (2021–2035) |
    1. 4.1 Historical Market Size (2021–2025) |
    2. 4.2 Current & Forecast Market Size (2026–2035) |
    3. 4.3 Market Size by Revenue (USD Billion) |
    4. 4.4 Year-over-Year Growth Analysis
  5. 5 Segmentation Analysis |
    1. 5.1 By Vehicle Type | |
      1. 5.1.1 Heavy Commercial Vehicles | |
      2. 5.1.2 Light Commercial Vehicles |
    2. 5.2 By Range | |
      1. 5.2.1 Long Range (Telematics Control Unit) | |
      2. 5.2.2 Dedicated Short-Range Communication (DSRC) |
    3. 5.3 By Communication Type | |
      1. 5.3.1 Vehicle-to-Cloud (V2C) | |
      2. 5.3.2 Vehicle-to-Vehicle (V2V) | |
      3. 5.3.3 Vehicle-to-Infrastructure (V2I)
  6. 6 Regional Analysis |
    1. 6.1 North America | |
      1. 6.1.1 United States | |
      2. 6.1.2 Canada | |
      3. 6.1.3 Mexico |
    2. 6.2 Europe | |
      1. 6.2.1 Germany | |
      2. 6.2.2 United Kingdom | |
      3. 6.2.3 France | |
      4. 6.2.4 Italy | |
      5. 6.2.5 Spain | |
      6. 6.2.6 Nordic Countries | |
      7. 6.2.7 Russia | |
      8. 6.2.8 Rest of Europe |
    3. 6.3 Asia-Pacific | |
      1. 6.3.1 China | |
      2. 6.3.2 India | |
      3. 6.3.3 Japan | |
      4. 6.3.4 South Korea | |
      5. 6.3.5 ASEAN | |
      6. 6.3.6 Rest of Asia-Pacific |
    4. 6.4 South America | |
      1. 6.4.1 Brazil | |
      2. 6.4.2 Argentina | |
      3. 6.4.3 Rest of South America |
    5. 6.5 Middle East & Africa | |
      1. 6.5.1 Saudi Arabia | |
      2. 6.5.2 UAE | |
      3. 6.5.3 South Africa | |
      4. 6.5.4 Egypt | |
      5. 6.5.5 Rest of MEA
  7. 7 Competitive Landscape |
    1. 7.1 Market Share Analysis (2025) |
    2. 7.2 Competitive Benchmarking Matrix |
    3. 7.3 Company Profiles | |
      1. 7.3.1 Daimler Truck | |
      2. 7.3.2 Volvo Group | |
      3. 7.3.3 PACCAR | |
      4. 7.3.4 Trimble | |
      5. 7.3.5 Continental AG | |
      6. 7.3.6 Robert Bosch | |
      7. 7.3.7 ZF Friedrichshafen | |
      8. 7.3.8 Denso Corporation | |
      9. 7.3.9 Qualcomm Technologies | |
      10. 7.3.10 Geotab
  8. 8 Future Outlook & Strategic Recommendations (2026–2035) |
    1. 8.1 AI-Driven Fleet Orchestration |
    2. 8.2 Electrification & Battery-Connected Ecosystems |
    3. 8.3 Freight-Data Marketplaces & Platform Economics |
    4. 8.4 ESG Reporting & Scope-3 Emissions Tracking
  9. 9 Recent Developments & News
  10. 10 Frequently Asked Questions (FAQs)
  11. 11 Report Scope & Methodology |
    1. 11.1 Study Period & Base Year |
    2. 11.2 Data Sources & Citations |
    3. 11.3 Abbreviations
  12. 12 LIST OF TABLES |
  13. TABLE 1 Global Connected Truck Market Size & Forecast, by Revenue (USD Billion), 2021–2035 |
  14. TABLE 2 Global Connected Truck Market — Year-over-Year Growth Analysis, 2021–2035 |
  15. TABLE 3 Global Connected Truck Market — Driver Impact Analysis |
  16. TABLE 4 Global Connected Truck Market — Restraint Impact Analysis |
  17. TABLE 5 Global Connected Truck Market Size, by Vehicle Type, 2021–2035 (USD Billion) |
  18. TABLE 6 Global Connected Truck Market Size, by Range, 2021–2035 (USD Billion) |
  19. TABLE 7 Global Connected Truck Market Size, by Communication Type, 2021–2035 (USD Billion) |
  20. TABLE 8 Global Connected Truck Market Size, by Region, 2021–2035 (USD Billion) |
  21. TABLE 9 North America Connected Truck Market Size, by Country, 2021–2035 (USD Billion) |
  22. TABLE 10 Europe Connected Truck Market Size, by Country, 2021–2035 (USD Billion) |
  23. TABLE 11 Asia-Pacific Connected Truck Market Size, by Country, 2021–2035 (USD Billion) |
  24. TABLE 12 South America Connected Truck Market Size, by Country, 2021–2035 (USD Billion) |
  25. TABLE 13 Middle East & Africa Connected Truck Market Size, by Country, 2021–2035 (USD Billion) |
  26. TABLE 14 North America Connected Truck Market Size, by Vehicle Type, 2021–2035 (USD Billion) |
  27. TABLE 15 North America Connected Truck Market Size, by Range, 2021–2035 (USD Billion) |
  28. TABLE 16 North America Connected Truck Market Size, by Communication Type, 2021–2035 (USD Billion) |
  29. TABLE 17 Europe Connected Truck Market Size, by Vehicle Type, 2021–2035 (USD Billion) |
  30. TABLE 18 Europe Connected Truck Market Size, by Range, 2021–2035 (USD Billion) |
  31. TABLE 19 Europe Connected Truck Market Size, by Communication Type, 2021–2035 (USD Billion) |
  32. TABLE 20 Asia-Pacific Connected Truck Market Size, by Vehicle Type, 2021–2035 (USD Billion) |
  33. TABLE 21 Asia-Pacific Connected Truck Market Size, by Range, 2021–2035 (USD Billion) |
  34. TABLE 22 Asia-Pacific Connected Truck Market Size, by Communication Type, 2021–2035 (USD Billion) |
  35. TABLE 23 South America Connected Truck Market Size, by Vehicle Type, 2021–2035 (USD Billion) |
  36. TABLE 24 South America Connected Truck Market Size, by Range, 2021–2035 (USD Billion) |
  37. TABLE 25 South America Connected Truck Market Size, by Communication Type, 2021–2035 (USD Billion) |
  38. TABLE 26 Middle East & Africa Connected Truck Market Size, by Vehicle Type, 2021–2035 (USD Billion) |
  39. TABLE 27 Middle East & Africa Connected Truck Market Size, by Range, 2021–2035 (USD Billion) |
  40. TABLE 28 Middle East & Africa Connected Truck Market Size, by Communication Type, 2021–2035 (USD Billion) |
  41. TABLE 29 Competitive Benchmarking Matrix — Global Connected Truck Market, 2025 |
  42. TABLE 30 Company Profiles — Key Players, Global Connected Truck Market |
  43. TABLE 31 Recent Developments & Strategic Announcements, 2023–2025 |
  44. TABLE 32 Report Scope & Methodology Summary |
  45. TABLE 33 Detailed Sources and Citations
  46. 13 LIST OF FIGURES |
  47. FIGURE 1 Connected Truck Market Dynamics — Drivers, Restraints & Opportunities |
  48. FIGURE 2 Connected Truck Market — Industry Value Chain Analysis |
  49. FIGURE 3 Connected Truck Market — Porter's Five Forces Analysis |
  50. FIGURE 4 Global Connected Truck Market Size Trend (USD Billion), 2021–2035 |
  51. FIGURE 5 Connected Truck Market Share, by Vehicle Type, 2025 vs. 2035 |
  52. FIGURE 6 Connected Truck Market Share, by Range, 2025 vs. 2035 |
  53. FIGURE 7 Connected Truck Market Share, by Communication Type, 2025 vs. 2035 |
  54. FIGURE 8 Connected Truck Market Share, by Region, 2025 |
  55. FIGURE 9 North America Connected Truck Market Size & Growth, 2021–2035 |
  56. FIGURE 10 Europe Connected Truck Market Size & Growth, 2021–2035 |
  57. FIGURE 11 Asia-Pacific Connected Truck Market Size & Growth, 2021–2035 |
  58. FIGURE 12 South America Connected Truck Market Size & Growth, 2021–2035 |
  59. FIGURE 13 Middle East & Africa Connected Truck Market Size & Growth, 2021–2035 |
  60. FIGURE 14 Competitive Landscape — Market Share Analysis, 2025

Segmentation Quick Reference

DimensionSub-SegmentsDominant SegmentFastest Growing Segment
By Vehicle TypeHeavy Commercial Vehicles, Light Commercial VehiclesHeavy Commercial VehiclesLight Commercial Vehicles
By RangeLong Range (Telematics Control Unit), Dedicated Short-Range Communication (DSRC)Long Range (Telematics Control Unit)DSRC
By Communication TypeVehicle-to-Cloud (V2C), Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I)Vehicle-to-Cloud (V2C)Vehicle-to-Infrastructure (V2I)

 

 

Market Segmentation Overview

By Vehicle Type

Sub-SegmentKey Trend
Heavy Commercial VehiclesRegulatory-mandated connectivity and high per-unit ARPU sustain segment leadership
Light Commercial VehiclesE-commerce last-mile growth and urban fleet electrification drive rapid adoption

 

Heavy Commercial Vehicles account for the largest revenue share in the connected truck market due to the complexity of Class 7–8 operations and the depth of sensor integration required for long-haul fleet management. Light Commercial Vehicles are closing the gap as OEMs embed factory-fitted connectivity into delivery-van model lines to support urban logistics requirements.

By Range

Sub-SegmentKey Trend
Long Range (Telematics Control Unit)Cellular and satellite platforms dominate fleet analytics and compliance reporting
Dedicated Short-Range Communication (DSRC)Toll collection and intersection safety drive niche but steady adoption

 

Long-range telematics control units serve as the primary connectivity pathway for the connected truck market, providing persistent cloud links for diagnostics, route optimization, and regulatory data uploads. DSRC retains a role in latency-sensitive applications such as cooperative driving and electronic toll collection.

By Communication Type

Sub-SegmentKey Trend
Vehicle-to-Cloud (V2C)Cloud-based fleet management platforms underpin virtually all commercial telematics use cases
Vehicle-to-Vehicle (V2V)Platooning and collision-avoidance safety systems drive adoption among long-haul carriers
Vehicle-to-Infrastructure (V2I)Government smart-corridor and tolling programs create mandated demand for V2I capability

 

Vehicle-to-Cloud connectivity dominates the connected truck market by communication type, as fleet management, remote diagnostics, and compliance reporting all route through cloud platforms. Vehicle-to-Infrastructure communication is the fastest-growing mode, propelled by public-sector investments in intelligent-corridor infrastructure across North America, Europe, and China.

 

 

 

 

 

 

Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.