Connected Truck Telematics Market Size, Trends, Shares, and Forecast - 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Connected Truck Telematics Market covers analysis by Technology (Dedicated Short Range and Long Range/ Cellular Network); Vehicle Type (Light Commercial Vehicles , Medium Commercial Vehicles, and Heavy Commercial Vehicles); Communication Type (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), and Vehicle-To-Cloud (V2C)), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00002940
  • Category : Automotive and Transportation
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

Fuel is estimated to be the second largest expense in managing fleets after payrolls. The need to optimize fuel usage and drive cost efficiencies have led the fleet managers to look for solutions that would give them insights into the various aspects of their fleets. Further untimely repairs and maintenance also add to the costs of the fleet managers where fleet downtime plays a significant role. Connected truck telematics provides all solutions related to notifying on the repair and maintenance aspects, provides insights into the fuel consumption data, and also establishes connections with other vehicles on the road for advanced driver assistance.

The emergence of vehicle telematics and the demands for advanced driver assist systems are anticipated to be the major factors driving the growing adoptions of connected truck telematics. Higher installations costs hinder the adoptions of connected truck telematics posing a challenge to the growth of the connected truck telematics market. Increasing entry of non-traditional telematics companies coupled with rising engagements with the concept of smart cities provides new opportunities to the players operating in the connected truck telematics market.

The "Global Connected Truck Telematics Market Analysis to 2031" is a specialized and in-depth study of the connected truck telematics market with a focus on the global market trend. The report aims to provide an overview of the globally connected truck telematics market with detailed market segmentation by technology, vehicle type, communication type, and geography. The globally connected truck telematics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the globally connected truck telematics market based on the technology, vehicle type, and communication type. It also provides market size and forecast till 2031 for overall connected truck telematics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The Connected truck telematics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the connected truck telematics market in these regions. Further, the report also includes ecosystem analysis for the connected truck telematics market.

Also, key connected truck telematics market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years. Some of the key players influencing the market are Continental AG, DAF, Daimler AG, 4. Daimler Fleetboard GmbH, and Meritor WABCO. Also, OTTO Motors, Peloton Technology, Scania AB, TomTom International B.V., and AB Volvo are a few other important players in the connected truck telematics market.

Connected Truck Telematics Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Technology
  • Dedicated Short Range and Long Range/ Cellular Network
By Vehicle Type
  • Light Commercial Vehicles
  • Medium Commercial Vehicles
  • Heavy Commercial Vehicles
By Communication Type
  • Vehicle-To-Vehicle
  • Vehicle-To-Infrastructure
  • Vehicle-To-Cloud
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Continental AG
  • DAF
  • Daimler AG
  • Daimler Fleetboard GmbH
  • Meritor WABCO
  • OTTO Motors
  • Peloton Technology
  • Scania AB
  • TomTom Internatinal B.V.
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    Our Clients
    The List of Companies

    1. Continental AG
    2. DAF
    3. Daimler AG
    4. Daimler Fleetboard GmbH
    5. Meritor WABCO
    6. OTTO Motors
    7. Peloton Technology
    8. Scania AB
    9. TomTom Internatinal B.V.
    10. AB Volvo
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