Global Commercial Fleet Telematics Services Market Growth (Status and Outlook) 2024-2030

Global Commercial Fleet Telematics Services Market Growth (Status and Outlook) 2024-2030

Commercial fleet telematics services refer to the use of telecommunications and information technology to manage and optimize the operations of vehicle fleets. These services provide real-time data on vehicle location, driver behavior, vehicle health, and other critical metrics, helping businesses improve efficiency, safety, and compliance.

The global Commercial Fleet Telematics Services market size is projected to grow from US$ 6393 million in 2024 to US$ 9567 million in 2030; it is expected to grow at a CAGR of 7.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Commercial Fleet Telematics Services Industry Forecast” looks at past sales and reviews total world Commercial Fleet Telematics Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Fleet Telematics Services sales for 2023 through 2029. With Commercial Fleet Telematics Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Fleet Telematics Services industry.

This Insight Report provides a comprehensive analysis of the global Commercial Fleet Telematics Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Commercial Fleet Telematics Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Fleet Telematics Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Fleet Telematics Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Fleet Telematics Services.

United States market for Commercial Fleet Telematics Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Commercial Fleet Telematics Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Commercial Fleet Telematics Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Commercial Fleet Telematics Services players cover Verizon Connect, Trimble, Geotab, Motive Technologies, Omnitracs (Solera), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Fleet Telematics Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Vehicle Management
Driver Management
Others

Segmentation by Application:
Transport and Logistics
Public Sector
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Vehicle Management
Driver Management
Others

Segmentation by Application:
Transport and Logistics
Public Sector
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Verizon Connect
Trimble
Geotab
Motive Technologies
Omnitracs (Solera)
Astrata Group
Mix Telematics
Holman Automotive
Bridgestone
PowerFleet
Ford
ZF Transics
Orbcomm
Beijing Chinaway Technology
Cox Automotive

Please note: The report will take approximately 2 business days to prepare and deliver.