Global Vehicle Telematics Market Size, Status and Forecast 2020-2026

Vehicle Telematics is a method of monitoring and harvesting data from any moving asset, like a car, truck, heavy equipment, or ship by using GPS and onboard diagnostics to record movements and vehicle condition at points in time.
From the view of region, United States have a larger market share in 2018 which account for 34.04%, and will witness a stable growth in following years. Europe and China hold a market share of 28.76% and 12.73% will still play an important role which cannot be ignored. Any changes from Europe and China might affect the development trend of Vehicle Telematics. Southeast Asia, India, Central & South America and Rest of World also play important roles in global market, but it will witness the comparatively low market share within selected regions.The world leading players in the Vehicle Telematics market are Aptiv PLC, LeasePlan, ALD Automotive, Visteon Corporation, Telefonica S.A, Vodafone Group Plc., Alphabet, Robert Bosch Gmbh, Valeo S.A, Trimble, ARI, AT&T, Athlon, Omnitracs, Harman, Octo, Emkay, TomTom, Continental, Michelin, Arvento, Mix Telematics and so on. These Top companies currently account for more than 46% of the total market share and are expected to retain their dominating hold over the market during the forecast period. As consumer interest increases, this market will attract other major companies which want to extend their brand equity.
Market Analysis and Insights: Global Vehicle Telematics Market
In 2019, the global Vehicle Telematics market size was US$ 46070 million and it is expected to reach US$ 121550 million by the end of 2026, with a CAGR of 14.7% during 2021-2026.
Global Vehicle Telematics Scope and Market Size
Vehicle Telematics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Vehicle Telematics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Vehicle Telematics market is segmented into Fleet/Asset Management, Navigation& Location Based Systems, Infotainment Systems, Insurance Telematics, Safety & Security, Remote Alarm & Incident Monitoring Solutions, V2X, etc.
Segment by Application, the Vehicle Telematics market is segmented into Passenger Vehicles, Commercial Vehicles, etc.
Regional and Country-level Analysis
The Vehicle Telematics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Vehicle Telematics market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Vehicle Telematics Market Share Analysis
Vehicle Telematics market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Vehicle Telematics business, the date to enter into the Vehicle Telematics market, Vehicle Telematics product introduction, recent developments, etc.
The major vendors include Aptiv PLC, LeasePlan, ALD Automotive, Visteon Corporation, Telefonica S.A, Vodafone Group Plc., Alphabet, Robert Bosch Gmbh, Valeo S.A, Trimble, ARI, AT&T, Athlon, Omnitracs, Harman International industries, Octo, Emkay, TomTom, Continental, Michelin, Arvento, Mix Telematics, etc.

This report focuses on the global Vehicle Telematics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle Telematics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Aptiv PLC
LeasePlan
ALD Automotive
Visteon Corporation
Telefonica S.A
Vodafone Group Plc.
Alphabet
Robert Bosch Gmbh
Valeo S.A
Trimble
ARI
AT&T
Athlon
Omnitracs
Harman International industries
Octo
Emkay
TomTom
Continental
Michelin
Arvento
Mix Telematics

Market segment by Type, the product can be split into

Fleet/Asset Management
Navigation& Location Based Systems
Infotainment Systems
Insurance Telematics
Safety & Security
Remote Alarm & Incident Monitoring Solutions
V2X

Market segment by Application, split into

Passenger Vehicles
Commercial Vehicles

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Vehicle Telematics status, future forecast, growth opportunity, key market and key players.
To present the Vehicle Telematics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Vehicle Telematics are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.