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    India B2B Connected Fleet Services Market

    ID: MRFR/ICT/57227-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    India B2B Connected Fleet Services Market Research Report By Service Type (Vehicle Tracking, Remote Diagnostics, Driver Management, Stolen Vehicle Tracking, Others), By Fleet Service Type (Conventional, Electric) and By Application (Passenger Cars, Trucks, Buses, Others) - Forecast to 2035

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    India B2B Connected Fleet Services Market Summary

    As per MRFR analysis, the b2b connected-fleet-services size was estimated at 725.55 USD Million in 2024. The b2b connected-fleet-services market is projected to grow from 874.43 USD Million in 2025 to 5651.48 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 20.52% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India b2b connected-fleet-services market is experiencing robust growth driven by technological advancements and a focus on sustainability.

    • The adoption of telematics is witnessing a notable increase, enhancing fleet management capabilities.
    • Sustainability initiatives are becoming a central focus for businesses, influencing fleet operations.
    • Safety features are being enhanced, reflecting a growing concern for driver and vehicle safety.
    • Rising demand for operational efficiency and government initiatives are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 725.55 (USD Million)
    2035 Market Size 5651.48 (USD Million)

    Major Players

    Teletrac Navman (NZ), Geotab (CA), Verizon Connect (US), Fleet Complete (CA), Omnicomm (RU), Samsara (US), Teletrac (US), Zubie (US)

    India B2B Connected Fleet Services Market Trends

    The b2b connected-fleet-services market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for efficiency in logistics and transportation. Fleet operators are increasingly adopting connected solutions to enhance operational efficiency, reduce costs, and improve safety. The integration of IoT devices and telematics systems allows for real-time monitoring of vehicle performance, driver behavior, and maintenance needs. This shift towards data-driven decision-making is reshaping how businesses manage their fleets, leading to optimized routes and reduced fuel consumption. Moreover, the regulatory landscape is evolving, with governments emphasizing sustainability and safety standards. This regulatory push is likely to encourage fleet operators to invest in connected technologies that not only comply with regulations but also contribute to environmental goals. As businesses seek to enhance their competitive edge, the b2b connected-fleet-services market is poised for substantial growth, with innovations in artificial intelligence and machine learning further enhancing service offerings. The future appears promising, as companies increasingly recognize the value of connected solutions in driving operational excellence and customer satisfaction.

    Increased Adoption of Telematics

    The trend towards telematics integration is becoming more pronounced, as businesses seek to leverage data for improved fleet management. This technology enables real-time tracking and monitoring, which can lead to enhanced operational efficiency and reduced costs.

    Focus on Sustainability

    There is a growing emphasis on sustainable practices within the b2b connected-fleet-services market. Companies are increasingly adopting eco-friendly technologies and practices to meet regulatory requirements and consumer expectations, thereby reducing their carbon footprint.

    Enhanced Safety Features

    Safety remains a top priority for fleet operators. The introduction of advanced safety features, such as collision avoidance systems and driver assistance technologies, is becoming more common, reflecting a commitment to reducing accidents and improving overall safety.

    India B2B Connected Fleet Services Market Drivers

    Growing Focus on Cost Reduction

    In the competitive landscape of the b2b connected-fleet-services market, businesses are increasingly prioritizing cost reduction strategies. Fleet operators are recognizing that connected services can lead to substantial savings through improved route planning, reduced maintenance costs, and enhanced fuel efficiency. By utilizing data analytics, companies can identify inefficiencies and implement corrective measures, which can result in savings of up to 25% in operational costs. This focus on cost efficiency is driving the adoption of connected fleet solutions, as organizations seek to maintain profitability while navigating market challenges. Consequently, the b2b connected-fleet-services market is witnessing a robust growth trajectory fueled by this imperative.

    Government Initiatives and Regulations

    Government initiatives aimed at improving transportation infrastructure and promoting smart mobility are significantly influencing the b2b connected-fleet-services market. The Indian government has introduced various policies to encourage the adoption of connected technologies in fleet management. For instance, the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme aims to promote electric vehicles, which are often integrated with connected fleet services. Additionally, regulations mandating the use of telematics for commercial vehicles are expected to drive market growth. As a result, businesses are increasingly aligning their fleet strategies with government policies, fostering a conducive environment for the b2b connected-fleet-services market.

    Rising Demand for Operational Efficiency

    The b2b connected-fleet-services market in India is experiencing a notable surge in demand for operational efficiency. Businesses are increasingly seeking solutions that optimize fleet management, reduce operational costs, and enhance productivity. The integration of advanced telematics and data analytics allows companies to monitor vehicle performance in real-time, leading to informed decision-making. According to industry estimates, organizations that implement connected fleet solutions can achieve up to 20% reduction in fuel consumption and a 15% increase in overall fleet utilization. This drive towards efficiency is compelling many businesses to invest in connected fleet technologies, thereby propelling the growth of the b2b connected-fleet-services market.

    Increased Emphasis on Customer Experience

    The b2b connected-fleet-services market is also witnessing a shift towards enhancing customer experience. Businesses are increasingly aware that efficient fleet management directly impacts service delivery and customer satisfaction. By leveraging connected technologies, companies can provide real-time updates to clients regarding shipment status, thereby improving transparency and trust. Furthermore, the ability to respond swiftly to customer inquiries and issues can lead to higher retention rates. As organizations strive to differentiate themselves in a competitive market, the emphasis on customer experience is likely to drive the adoption of connected fleet services, contributing to the overall growth of the b2b connected-fleet-services market.

    Technological Advancements in Connectivity

    Technological advancements in connectivity are playing a pivotal role in shaping the b2b connected-fleet-services market. The proliferation of 5G technology is expected to enhance real-time data transmission, enabling more efficient fleet management solutions. With improved connectivity, businesses can leverage IoT devices to monitor vehicle health, track assets, and optimize routes. This technological evolution is likely to lead to a more integrated approach to fleet management, where data-driven insights can significantly improve operational performance. As companies increasingly adopt these technologies, the b2b connected-fleet-services market is poised for substantial growth, with projections indicating a potential market size increase of over 30% by 2027.

    Market Segment Insights

    India B2B Connected Fleet Services Market Segment Insights

    India B2B Connected Fleet Services Market Segment Insights

    B2B Connected Fleet Services Market Service Type Insights

    B2B Connected Fleet Services Market Service Type Insights

    The India B2B Connected Fleet Services Market demonstrates a dynamic landscape centered on various service types that significantly enhance operational efficiency and safety for businesses. Within this framework, Vehicle Tracking has emerged as a critical component, enabling fleet operators to monitor real-time locations, optimize routes, and reduce fuel consumption. This capability is particularly vital in India, where traffic congestion and logistics inefficiencies pose considerable challenges for businesses. Another essential service, Remote Diagnostics, provides proactive maintenance solutions by allowing companies to diagnose vehicle issues remotely, thus minimizing downtime and enhancing fleet reliability.

    As India’s automotive market evolves rapidly, the integration of advanced telematics into fleets becomes increasingly relevant, driving the adoption of this service.

    Driver Management is increasingly recognized for its significant role in enhancing overall safety and performance. By leveraging driver behavior data, businesses can implement training programs designed to reduce accidents and improve fuel efficiency. Given the high number of road accidents in India, this focus on driver safety is paramount for fleet operators. Stolen Vehicle Tracking is another critical service, enabling businesses to recover stolen assets promptly and reduce losses effectively; this is especially significant in urban areas where vehicle theft rates are relatively high. 

    Additionally, other emerging services within this segment are tailored to meet specific industry needs, exploring innovative solutions that enhance fleet performance and adaptability in the Indian market. Together, these services contribute to the India B2B Connected Fleet Services Market's growth, addressing the unique challenges faced by businesses and tapping into the vast opportunities present in India's expanding logistics and transportation sectors. With the increased emphasis on digital transformation and smart mobility solutions within the country, these service types are expected to play a crucial role in shaping the future of fleet management in India.

    B2B Connected Fleet Services Market Fleet Service Type Insights

    B2B Connected Fleet Services Market Fleet Service Type Insights

    The India B2B Connected Fleet Services Market is characterized by various types of fleet services, including Conventional and Electric, reflecting the evolving needs of businesses across the region. The Conventional fleet services segment remains significant, focusing on traditional vehicles that continue to be integral for logistics and transportation in urban and rural areas. This segment contributes to the majority of the market as industries heavily rely on established fuel-based options for efficiency and reliability. 

    On the other hand, the Electric fleet services segment is gaining traction due to the increasing demand for sustainable and eco-friendly transportation solutions. With the Indian government promoting electric mobility through various incentives and initiatives, this segment is poised for substantial growth, catering to a growing base of environmentally conscious businesses. Factors like rising fuel costs, stricter emission regulations, and advancements in electric vehicle technology further enhance the attractiveness of electric fleet services.

    Collectively, these segments denote a shift towards more innovative and adaptive strategies in fleet management, demonstrating significant opportunities for market development in India as businesses seek to optimize operational efficiency while aligning with modern sustainability goals.

    B2B Connected Fleet Services Market Application Insights

    B2B Connected Fleet Services Market Application Insights

    The Application segment of the India B2B Connected Fleet Services Market focuses on various vehicle categories, primarily including Passenger Cars, Trucks, Buses, and Others. This segment plays a crucial role in driving the overall market growth, as each category presents unique needs and opportunities. Passenger Cars represent a significant portion of vehicle usage in India, heavily influenced by the increasing demand for connectivity and smart technologies among consumers. Trucks, essential for freight transportation, are vital for supply chain efficiency and logistics management, benefiting from telematics and real-time data analytics.

    Buses, particularly in urban areas, also play a crucial role in public transport solutions, contributing to sustainable commuting and reduced traffic congestion. The Others category encompasses various commercial vehicles that are increasingly adopting connected technologies to improve operational efficiency. As the Indian government continues to enhance transportation infrastructure and digital connectivity, the market witnesses growing adoption of connected fleet solutions across all applications, reflecting significant opportunities and driving factors within the India B2B Connected Fleet Services Market.

    Get more detailed insights about India B2B Connected Fleet Services Market

    Key Players and Competitive Insights

    The b2b connected-fleet-services market in India is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for operational efficiency. Key players such as Teletrac Navman (NZ), Geotab (CA), and Samsara (US) are actively shaping the market through innovative solutions and strategic partnerships. Teletrac Navman (NZ) focuses on enhancing fleet visibility and compliance through advanced telematics, while Geotab (CA) emphasizes data-driven insights to optimize fleet performance. Samsara (US) leverages IoT technology to provide real-time monitoring and analytics, positioning itself as a leader in digital transformation within the sector. Collectively, these strategies foster a competitive environment that prioritizes innovation and customer-centric solutions.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance service delivery and reduce operational costs. The market appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies is significant, as they set benchmarks for technology adoption and service standards, thereby shaping the overall market structure.

    In October 2025, Geotab (CA) announced a strategic partnership with a leading Indian logistics firm to enhance fleet management capabilities through integrated telematics solutions. This collaboration is expected to streamline operations and improve efficiency for the logistics provider, showcasing Geotab's commitment to expanding its footprint in the Indian market. The strategic importance of this partnership lies in its potential to leverage local expertise while enhancing Geotab's service offerings.

    In September 2025, Samsara (US) launched a new AI-driven analytics platform aimed at improving fleet safety and reducing operational costs. This platform utilizes machine learning algorithms to provide actionable insights, enabling fleet managers to make informed decisions. The introduction of this technology underscores Samsara's focus on innovation and its ability to adapt to the evolving needs of the market, potentially giving it a competitive edge.

    In August 2025, Teletrac Navman (NZ) expanded its service offerings by integrating electric vehicle (EV) management tools into its fleet management software. This move aligns with the growing trend towards sustainability and reflects the company's proactive approach to addressing the needs of environmentally conscious businesses. The strategic significance of this integration is profound, as it positions Teletrac Navman as a forward-thinking player in a market increasingly focused on green technologies.

    As of November 2025, the competitive trends in the b2b connected-fleet-services market are heavily influenced by digitalization, sustainability, and AI integration. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing service offerings and expanding market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, as businesses seek to leverage advanced solutions to meet the demands of a rapidly changing market.

    Key Companies in the India B2B Connected Fleet Services Market market include

    Industry Developments

    In recent months, the India B2B Connected Fleet Services Market has experienced notable developments. Ecolab and Mahindra and Mahindra have enhanced operational efficiencies through advanced fleet management solutions, highlighting the demand for innovative technologies. 

    Locus.sh has emerged with its route optimization software, facilitating cost reduction and increased productivity among logistics providers. MapmyIndia continues to expand its digital mapping services, enabling real-time fleet tracking for various industries. Recently, Auroch raised significant funding in October 2023, boosting its technological advancements in fleet management solutions. 

    Meanwhile, Tata Consultancy Services has been collaborating with Udaan to integrate IoT-based solutions for better fleet visibility and control. Furthermore, in August 2023, Fleetroot announced the acquisition of a technology startup to enhance its fleet management capabilities. This segment is witnessing a growth surge, attributed to the rising demand for efficient logistics solutions, which is driving innovations among key players. 

    The Government of India's push for technological advancements in logistics through the National Logistics Policy, introduced in 2022, further strengthens the market environment for B2B connected fleet services, making it a vital time for investment and development in this space.

    Future Outlook

    India B2B Connected Fleet Services Market Future Outlook

    The b2b connected-fleet-services market is projected to grow at a 20.52% CAGR from 2024 to 2035, driven by technological advancements, increased demand for efficiency, and regulatory support.

    New opportunities lie in:

    • Integration of AI-driven predictive maintenance solutions
    • Development of real-time fleet tracking and analytics platforms
    • Expansion of electric vehicle fleet management services

    By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

    Market Segmentation

    India B2B Connected Fleet Services Market Fleet Type Outlook

    • Conventional
    • Electric

    India B2B Connected Fleet Services Market Application Outlook

    • Passenger Cars
    • Trucks
    • Buses
    • Others

    India B2B Connected Fleet Services Market Service Type Outlook

    • Vehicle Tracking
    • Remote Diagnostics
    • Driver Management
    • Stolen Vehicle Tracking and Recovery
    • Others

    Report Scope

    MARKET SIZE 2024 725.55(USD Million)
    MARKET SIZE 2025 874.43(USD Million)
    MARKET SIZE 2035 5651.48(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 20.52% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Teletrac Navman (NZ), Geotab (CA), Verizon Connect (US), Fleet Complete (CA), Omnicomm (RU), Samsara (US), Teletrac (US), Zubie (US)
    Segments Covered Service Type, Fleet Type, Application
    Key Market Opportunities Integration of advanced telematics and data analytics enhances operational efficiency in the b2b connected-fleet-services market.
    Key Market Dynamics Rising demand for data-driven fleet management solutions enhances operational efficiency in the B2B connected-fleet-services market.
    Countries Covered India

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    FAQs

    What is the expected market size of the India B2B Connected Fleet Services Market in 2024?

    The market is expected to be valued at 648.75 USD Million in 2024.

    What is the projected market size for the India B2B Connected Fleet Services Market by 2035?

    By 2035, the market is projected to reach 4218.76 USD Million.

    What is the expected CAGR for the India B2B Connected Fleet Services Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 18.555 % from 2025 to 2035.

    Which service type is expected to hold the largest market share in 2024?

    Vehicle Tracking is expected to hold the largest market share, valued at 220.0 USD Million in 2024.

    What is the market value for Remote Diagnostics in 2035?

    The market value for Remote Diagnostics is projected to be 950.0 USD Million by 2035.

    Who are the key players in the India B2B Connected Fleet Services Market?

    Key players include Ecolab, Locus.sh, Zoho Corporation, and Tata Consultancy Services, among others.

    What challenges could affect the growth of the India B2B Connected Fleet Services Market?

    Challenges may include technological advancements and evolving regulatory frameworks impacting the market.

    What was the value of Stolen Vehicle Tracking in 2024?

    The Stolen Vehicle Tracking segment was valued at 78.75 USD Million in 2024.

    What is the market value for Driver Management in 2035?

    Driver Management is projected to reach a market value of 600.0 USD Million by 2035.

    What growth drivers are influencing the India B2B Connected Fleet Services Market?

    Growing demand for logistics efficiency and advancements in telematics are key growth drivers for the market.

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