Telematics In Automotive Market Summary
As per MRFR Analysis, the Telematics in Automotive market is set to experience significant growth, expanding from USD 22.6 billion in 2024 to USD 86.31 billion by 2032, with a CAGR of 18.2% during the forecast period. The market was valued at USD 18.97 billion in 2023, driven by the increasing adoption of telematics in vehicles and heightened consumer awareness of its benefits. Key trends include the rise of connected cars, vehicle data analytics, and the shift towards autonomous and electric vehicles, all of which are enhancing the demand for telematics solutions.
Key Market Trends & Highlights
The Telematics in Automotive market is witnessing transformative trends.
- Connected cars are driving market growth, with telematics enabling real-time features.
- The vehicle tracking system segment dominated the market due to rising consumer demand.
- Fleet management applications generated the most income, widely adopted by commercial vehicle operators.
- North America is the leading region, supported by established automotive manufacturers and high consumer awareness.
Market Size & Forecast
2024 Market Size: USD 22.6 Billion
2032 Market Size: USD 86.31 Billion
CAGR: 18.2%
2023 Market Size: USD 18.97 Billion.
Major Players
Key players include Trimble, Inc. (U.S.), Masternaut Limited (France), TomTom International B.V. (Netherlands), Telogis (U.S.), Visteon Corporation (U.S.), Continental AG (Germany), and Robert Bosch GmbH (Germany).
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Telematics in Automotive Market Trends
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The growing adoption of connected cars is driving the market growth
The growing adoption of connected cars drives the market CAGR for telematics in automotive. The adoption of connected car services has been a major trend in the global telematics market. Connected cars leverage telematics technology to connect to the internet and enable various features such as real-time traffic updates, remote vehicle control, vehicle diagnostics, and enhanced safety features. integrating telematics systems with smartphones and other devices has expanded the possibilities for connected car services. Automakers and technology companies are partnering to develop and deploy connected car platforms, making them a standard feature in many new vehicles. The increasing consumer demand for seamless connectivity, personalized services, and enhanced safety is driving the growth of connected car services.
Another significant trend in the telematics market is the increasing focus on vehicle data analytics. Telematics systems generate vast data, including vehicle performance metrics, driving behavior, and environmental conditions. This data can be assumed to gain valuable insights into driver behavior, vehicle health, and overall fleet management. Advanced approaches, such as machine learning and artificial intelligence, are being applied to this data to optimize vehicle performance, predict maintenance needs, and improve driver safety. The integration of data analytics with telematics systems enables the development of intelligent transportation systems and helps fleet operators, and automakers make data-driven decisions to improve operational efficiency.
The global automotive industry is transforming with an increasing focus on autonomous and electric vehicles (EVs). Telematics technology plays a crucial role in developing and deploying these vehicles. Autonomous vehicles rely on telematics systems to collect and process real-time data from sensors, cameras, and other sources to enable safe and efficient driving. Telematics also facilitates vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication, which is essential for the functioning of autonomous vehicles. Moreover, telematics systems in EVs provide critical information about battery status, charging infrastructure, and range optimization. As the adoption of autonomous and electric vehicles grows, the demand for telematics solutions that support these technologies is expected to increase significantly.
For instance, the adoption of connected car services, the focus on vehicle data analytics, and the shift towards autonomous and electric vehicles are driving significant changes in the telematics landscape. As automakers and technology companies continue to invest in research and development, we can expect further advancements in telematics technology, leading to enhanced driver experiences, improved safety, and more efficient transportation systems driving the Telematics in Automotive market revenue.
Telematics in Automotive Market Segment Insights:
Automotive Telematics System Insights
The Automotive Telematics Market segmentation, based on the system, includes driving assistance systems, telematics control units, global positioning systems, vehicle tracking systems, vehicular emergency warnings, and others. The vehicle tracking system segment dominated the market due to its growing demand from consumers.
Automotive Telematics Type Insights
The Automotive Telematics Market segmentation, based on type, includes embedded, integrated, and tethered. The embedded category dominated the market. Embedded telematics involves the installation of communication devices within the vehicle during the manufacturing process.
Automotive Telematics Vehicle Type Insights
The Automotive Telematics Market segmentation, based on vehicle type, includes passenger cars, LCVs, and HCV. The passenger cars category generated the most income due to the increasing adoption of connected car technologies by consumers.
Automotive Telematics Application Insights
The Automotive Telematics Market segmentation, based on application, includes vehicle tracking, fleet management, satellite navigation, vehicle safety communication, and others. The fleet management segment generated the most income. Commercial vehicle operators widely adopt fleet/asset management applications to monitor and manage their fleets efficiently.
Automotive Telematics Distribution Channel Insights
The Telematics in Automotive Market segmentation, based on distribution channel, includes OEM and aftermarket. The OEM category generated the most income. OEMs play a crucial role as they directly integrate telematics systems into vehicles during manufacturing.
Figure 1: Telematics in Automotive Market, by Distribution Channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Telematics in Automotive Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Telematics in Automotive market area will dominate this market, owing to the presence of established automotive manufacturers, advanced infrastructure, and high consumer awareness. Factors contributing to this growth include the increasing demand for connected car services, government initiatives promoting vehicle safety, and the presence of major telematics solution providers.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, india, Australia, South Korea, and Brazil.
Figure 2: Telematics In Automotive Market Share By Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Telematics in the Automotive market accounts for the second-largest market share due to the growth in shared mobility services. The increasing focus on fleet management has further accelerated the demand for telematics in this region. The presence of key automotive manufacturers and the strong inclination towards innovative technologies also contribute to the rise of the telematics market in Europe. Further, German Telematics in the Automotive market held the largest market share, and UK Telematics in the Automotive market was the fastest-growing market in the European region.
The Asia-Pacific Telematics in Automotive Industry is expected to grow at a significant CAGR from 2024 to 2032. It is due to rapid urbanization, growing disposable income, and the increasing adoption of smart technologies have fueled the demand for connected cars and telematics solutions in various countries. Moreover, China’s Telematics in the Automotive market held the largest market share, and Indian Telematics in the Automotive market was the fastest-growing market in the Asia-Pacific region.
Telematics in Automotive Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help telematics in the Automotive market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including several product launches, contractual agreements, mergers and acquisitions, more investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Telematics in the Automotive industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Telematics in the Automotive industry to benefit clients and increase the market sector. in recent years, telematics in the Automotive industry has offered some of the most significant advantages to medicine. Major players in the Telematics in Automotive market include Trimble, inc. (U.S.), Masternaut Limited (France), TomTom international B.V.( Netherlands), Telogis (U.S.), and Visteon Corporation (U.S.). Continental AG (Germany), Airbiquity, inc. (U.S.), AT&T inc. (U.S.), Delphi Automotive PLC (U.K.), Harman international industries, inc. (U.S.), Robert Bosch GmbH (Germany), Trimble inc. (U.S.), Verizon Communications, inc. (U.S.), and others, are attempting to increase market demand by investing in research and development operations.
Robert Bosch GmbH, also known as Bosch, founded in 1886, located in Gerlingen, Germany, is a German multinational engineering and technology company. It's core operating areas are in four business sectors: hardware & software, consumer goods, industrial technology, and energy & building technology. in November 2021, Bosch introduced Ridecare solutions for fleet managers. Ridecare solutions are specially designed for a fleet of vehicles or ride-sharing services to reduce the skyrocketing maintenance cost due to damage or misuse of the vehicle. Bosch's Rideshare solutions utilize a single sensor box. This highly sensitive box can detect minor scrapes such as fender scuffs or underbody dings. It can even tell if the occupant has smoked inside the vehicle during the rental period.
Trimble inc., founded in 1978, and located in Westminster, Colorado, US, is an American software, hardware, and services technology company. It supports various industries in building & construction, agriculture, natural resources, utilities, transportation, etc. in December 2021, Trimble announced that it acquired Agile Assets, an asset management software provider to government and private organizations (including state-level transportation agencies and national road authorities in the U.S.). Agile Assets' asset management solutions will offer organizations advanced analytics for real-time decision-making and insights for maintenance operations and efficiency management.
Key Companies in the Telematics in Automotive market include
- Masternaut Limited (France)
- TomTom international B.V.( Netherlands)
- Delphi Automotive PLC (UK)
- Harman international industries, inc. (US)
- Robert Bosch GmbH (Germany)
- Verizon Communications, inc. (US)
Telematics in Automotive Industry Developments
Harman International Industries, Inc. (US)
Development: Harman Launches Next-Gen 5G-Enabled Telematics Platform (March 2025)
Update: Harman introduced its new 5G-ready telematics platform, enhancing real-time vehicle connectivity, over-the-air (OTA) updates, and cybersecurity for autonomous and electric vehicles. The platform integrates AI-driven predictive maintenance and personalized in-car experiences.
Robert Bosch GmbH (Germany)
Development: Bosch Expands Vehicle-to-Everything (V2X) Communication Solutions (February 2025)
Update: Bosch announced advancements in V2X (Vehicle-to-Everything) technology, enabling seamless communication between cars, infrastructure, and IoT devices. The update improves traffic management, reduces accidents, and supports smart city integrations.
December 2021: in partnership with the parent company Continental AG, Zonar launched the Light Duty Telematics Control Unit (TCU). The Zonar LD TCU is specially designed to meet the evolving requirements of light-duty vehicles within fleets, including access to telematics data and diagnostics to improve security, efficiency, and performance.
March 2022:Â Ford launched 'Ford Liive,' a connected uptime system designed to help Ford commercial vehicle operators to improve their productivity. The system helps maximize vehicle uptime and reduce vehicle breakdowns and maintenance requirements.
Telematics in Automotive Market Segmentation:
Telematics in Automotive System Outlook
- Driving Assistance System
- Global Positioning System (GPS)
- Vehicular Emergency Warning
Telematics in Automotive Type Outlook
Telematics in Automotive Vehicle Type Outlook
Telematics in Automotive Distribution Channel Outlook
Telematics in Automotive Application Outlook
- Vehicle Safety Communication
Telematics in Automotive Regional Outlook
North America
Europe
Asia-Pacific
Rest of the World
| Attribute/Metric |
Details |
| Market Size 2023 |
USD 18.97 Billion |
| Market Size 2024 |
USD 22.6 Billion |
| Market Size 2032 |
USD 86.31 Billion |
| Compound Annual Growth Rate (CAGR) |
18.2% (2024-2032) |
| Base Year |
2022 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2023 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Systems, Type, Vehicle Type, Distribution Channel, Application, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, india, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Trimble, inc. (U.S.), Masternaut Limited (France), TomTom international B.V.( Netherlands), Telogis (U.S.), and Visteon Corporation (U.S.). Continental AG (Germany), Airbiquity, inc. (U.S.), AT&T inc. (U.S.), Delphi Automotive PLC (U.K.), Harman international industries, inc. (U.S.), Robert Bosch GmbH (Germany), Trimble inc. (U.S.), and Verizon Communications, inc. (U.S.). |
| Key Market Opportunities |
Increase in adoption of advanced technology and gadgets |
| Key Market Dynamics |
Increase in awareness among the public of benefits |
Telematics In Automotive Market Highlights:
Frequently Asked Questions (FAQ) :
The Telematics in Automotive Market size was valued at USD 15.5 Billion in 2022.
The global market is projected to grow at a CAGR of 18.2% during the forecast period, 2024-2032.
North America held the largest share of the global market
The key players in the market are Trimble, inc. (U.S.), Masternaut Limited (France), TomTom international B.V.( Netherlands), Telogis (U.S.), and Visteon Corporation (U.S.). Continental AG (Germany), Airbiquity, inc. (U.S.), AT&T inc. (U.S.), Delphi Automotive PLC (U.K.), Harman international industries, inc. (U.S.), Robert Bosch GmbH (Germany), Trimble inc. (U.S.), and Verizon Communications, inc. (U.S.).
The vehicle tracking system category dominated the market in 2022.
The embedded category had the largest share of the global market.
The passenger car category generated the most income.
The OEM segment dominated the market.
The fleet management category dominated the market.
