• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    US Commercial Vehicle Telematics Market

    ID: MRFR/AM/14209-HCR
    100 Pages
    Sejal Akre
    October 2025

    US Commercial Vehicle Telematics Market Research Report By Type (Solutions, Services), By Provider Type (OEM, Aftermarket) and By Vertical (Transportation & Logistics, Government & Utilities, Travel & Tourism, Construction, Education, Healthcare, Others) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Commercial Vehicle Telematics Market Infographic
    Purchase Options

    US Commercial Vehicle Telematics Market Summary

    As per MRFR analysis, the US commercial vehicle-telematics market size was estimated at 10.7 USD Billion in 2024. The US commercial vehicle-telematics market is projected to grow from 12.22 USD Billion in 2025 to 46.3 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 14.24% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US commercial vehicle-telematics market is experiencing robust growth driven by technological advancements and increasing demand for efficiency.

    • The largest segment in the US commercial vehicle-telematics market is fleet management, while the fastest-growing segment is insurance telematics.
    • There is a notable increase in the adoption of IoT solutions, enhancing connectivity and operational efficiency across fleets.
    • A strong emphasis on data analytics is shaping decision-making processes, allowing for improved fleet performance and cost savings.
    • Rising demand for fleet efficiency and regulatory compliance are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 10.7 (USD Billion)
    2035 Market Size 46.3 (USD Billion)

    Major Players

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

    US Commercial Vehicle Telematics Market Trends

    the commercial vehicle-telematics market is experiencing a transformative phase, driven by advancements in technology and increasing demand for efficient fleet management solutions. The integration of Internet of Things (IoT) devices into vehicles has enabled real-time data collection and analysis, enhancing operational efficiency and reducing costs. Fleet operators are increasingly adopting telematics systems to monitor vehicle performance, track location, and ensure compliance with regulations. This trend is further supported by the growing emphasis on sustainability and the need to optimize fuel consumption, which aligns with broader environmental goals. Moreover, the rise of data analytics in the commercial vehicle-telematics market is reshaping decision-making processes. Companies are leveraging insights derived from telematics data to improve route planning, enhance driver safety, and reduce maintenance costs. As the market evolves, the focus on cybersecurity becomes paramount, given the sensitive nature of the data being transmitted. Overall, the commercial vehicle-telematics market is poised for continued growth, driven by technological innovations and the increasing need for operational excellence in fleet management.

    Increased Adoption of IoT Solutions

    The integration of IoT technology into vehicles is prevalent, allowing for enhanced data collection and real-time monitoring. This trend is likely to improve operational efficiency and reduce costs for fleet operators.

    Focus on Data Analytics

    The utilization of data analytics is growing within the commercial vehicle-telematics market. Companies are increasingly using insights from telematics data to optimize routes, enhance safety, and lower maintenance expenses.

    Emphasis on Cybersecurity

    As telematics systems become more sophisticated, the importance of cybersecurity is rising. Protecting sensitive data transmitted through these systems is crucial for maintaining trust and compliance in the market.

    US Commercial Vehicle Telematics Market Drivers

    Growing Focus on Sustainability

    The growing focus on sustainability is a pivotal driver for the commercial vehicle-telematics market. As environmental concerns gain prominence, fleet operators are increasingly adopting telematics solutions to monitor and reduce their carbon footprint. By optimizing routes and improving fuel efficiency, telematics can contribute to lower emissions. Recent studies indicate that fleets utilizing telematics can reduce greenhouse gas emissions by up to 10%. This alignment with sustainability goals not only enhances corporate responsibility but also appeals to environmentally conscious consumers. Consequently, the commercial vehicle-telematics market is likely to see increased adoption as companies strive to meet sustainability targets.

    Integration of Advanced Analytics

    The integration of advanced analytics into telematics systems reshapes the commercial vehicle-telematics market. Companies are leveraging big data analytics to gain insights into vehicle performance, driver behavior, and operational efficiency. This data-driven approach enables fleet managers to make informed decisions that enhance productivity and reduce costs. For instance, predictive analytics can forecast maintenance needs, minimizing unexpected breakdowns and associated costs. As businesses recognize the value of data in optimizing operations, the demand for telematics solutions that incorporate advanced analytics is expected to rise. This trend indicates a promising future for the commercial vehicle-telematics market.

    Rising Demand for Fleet Efficiency

    The commercial vehicle-telematics market is experiencing a notable surge in demand for enhanced fleet efficiency. Companies are increasingly seeking solutions that optimize routes, reduce fuel consumption, and improve overall operational performance. According to recent data, businesses utilizing telematics solutions can achieve fuel savings of up to 15%. This drive for efficiency is not merely a trend but a necessity, as operational costs continue to rise. The integration of telematics systems allows fleet managers to monitor vehicle performance in real-time, leading to informed decision-making. As a result, the commercial vehicle-telematics market is likely to expand, with more companies investing in these technologies to remain competitive.

    Regulatory Compliance and Safety Standards

    Regulatory compliance is a critical driver for the commercial vehicle-telematics market. In the US, stringent regulations regarding vehicle safety and emissions are prompting fleet operators to adopt telematics solutions. These systems assist in monitoring compliance with regulations such as the Electronic Logging Device (ELD) mandate, which requires accurate tracking of driving hours. Failure to comply can result in hefty fines, making telematics an essential tool for fleet operators. Furthermore, telematics can enhance safety by providing real-time data on driver behavior, vehicle maintenance needs, and accident prevention measures. This focus on compliance and safety is likely to propel the growth of the commercial vehicle-telematics market.

    Technological Advancements in Connectivity

    Technological advancements in connectivity are significantly influencing the commercial vehicle-telematics market. The proliferation of 5G technology is expected to enhance data transmission speeds and reliability, enabling real-time communication between vehicles and telematics systems. This improved connectivity allows for more sophisticated applications, such as predictive maintenance and advanced driver-assistance systems (ADAS). As these technologies become more accessible, fleet operators are likely to invest in telematics solutions that leverage these advancements. The potential for increased operational efficiency and reduced downtime could drive market growth, as companies seek to capitalize on the benefits of enhanced connectivity.

    Market Segment Insights

    By Type: Solutions (Largest) vs. Services (Fastest-Growing)

    The market share distribution in the US commercial vehicle-telematics market indicates that Solutions occupy the largest segment, capturing a significant portion of market engagement. This segment encompasses various technological advancements that enhance vehicle management and operational efficiency, making it the preferred choice among fleet operators. Meanwhile, Services are gaining traction, attributed to the increasing demand for after-sales support and ongoing vehicle maintenance solutions, signaling a shift in operator preferences toward more hands-on management. Growth trends in this market showcase a dynamic shift towards innovative Services, which have emerged as the fastest-growing segment. This growth is primarily driven by the need for enhanced connectivity, data analytics capabilities, and real-time monitoring solutions. Fleet operators are increasingly recognizing the value of utilizing advanced telematics Services to optimize route management and reduce operational costs, thereby fostering long-term relationships with telematics providers and ensuring sustained growth in this sector.

    Solutions: Dominant vs. Services: Emerging

    In the context of the US commercial vehicle-telematics market, Solutions stand out as the dominant force due to their integration of comprehensive fleet management tools that facilitate improved operational efficiency. These Solutions often offer a suite of features, including GPS tracking, fuel management, and compliance assistance, which are essential for modern fleet operations. On the other hand, Services are emerging rapidly, characterized by customer-centric offerings such as maintenance contracts and telematics support. This segment appeals to fleets seeking ongoing assistance and value-added services, thereby enabling them to focus on core operational aspects while enhancing overall service delivery and vehicle performance.

    By Provider Type: Aftermarket (Largest) vs. OEM (Fastest-Growing)

    In the US commercial vehicle-telematics market, the distribution of market share reveals that the Aftermarket segment commands the largest share, benefiting from the increasing demand for enhanced vehicle tracking and data analytics. OEM systems are gaining traction but currently occupy a smaller portion of the market due to their reliance on integrating telematics directly into newly manufactured vehicles. The capacity for customization and retrofitting in the Aftermarket segment continues to attract a diverse clientele seeking flexible solutions. Current growth trends indicate that the OEM segment is emerging rapidly, driven by advancements in vehicle connectivity and the increasing need for fleet management solutions. As manufacturers focus on enhancing their offerings to include telematics as a standard feature, the appeal of OEM solutions continues to rise. Additionally, the Aftermarket segment experiences sustained growth due to rising fleet operational costs, which make efficient monitoring and data analysis paramount for cost reduction and improved operational performance.

    Provider Type: OEM (Emerging) vs. Aftermarket (Dominant)

    The Aftermarket segment stands out as the dominant force in telematics, offering a wide array of solutions that cater to existing vehicles, thus appealing to a broader customer base. This segment capitalizes on the need for upgrades in older models and provides various options for customization and installation. Meanwhile, the OEM segment is rapidly emerging, fueled by manufacturers integrating advanced telematics systems in new vehicles. As this trend continues, OEM providers are differentiating themselves through proprietary technology and enhanced features that cater to fleet operators seeking seamless integration and real-time data transmission.

    By Vertical: Transportation & Logistics (Largest) vs. Government & Utilities (Fastest-Growing)

    The market share distribution in the US commercial vehicle-telematics market reveals that the Transportation & Logistics sector occupies the largest share, highlighting its critical role in optimizing fleet management, route planning, and fuel efficiency. This segment is characterized by its extensive adoption of telematics solutions, which enhance operational efficiency and reduce costs. Conversely, the Government & Utilities segment, while smaller in scale, is rapidly expanding due to increasing regulatory requirements and the need for efficient resource management. Growth trends indicate a significant shift towards advanced telematics solutions across various sectors. The Transportation & Logistics segment continues to dominate with innovations in GPS tracking and data analytics. In contrast, the Government & Utilities sector is experiencing rapid growth driven by investments in smart city initiatives and the integration of IoT technologies, leading to improved service delivery and sustainability initiatives.

    Transportation & Logistics: Dominant vs. Government & Utilities: Emerging

    The Transportation & Logistics segment stands as the dominant force in the US commercial vehicle-telematics market, leveraging advanced technologies such as real-time tracking and automated reporting to enhance operational efficiency and reduce costs. This segment benefits from a high level of investment as companies seek to improve fleet management and sustainability efforts. On the other hand, the Government & Utilities sector, while emerging, is witnessing growth due to rising public sector investments in telematics solutions. This includes applications for infrastructure management, public transportation oversight, and emergency service coordination, aiming to enhance service delivery and optimize resource allocation. The growing focus on sustainability and efficiency is propelling this segment's adoption of telematics.

    Get more detailed insights about US Commercial Vehicle Telematics Market

    Key Players and Competitive Insights

    The commercial vehicle-telematics market is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for fleet efficiency. Key players such as Verizon Connect (US), Geotab (CA), and Samsara (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Verizon Connect (US) focuses on integrating advanced analytics and AI capabilities into its telematics solutions, aiming to provide comprehensive insights for fleet management. Meanwhile, Geotab (CA) emphasizes partnerships with automotive manufacturers to expand its data-driven services, thereby enhancing its operational reach. Samsara (US) is leveraging its cloud-based platform to offer real-time visibility and operational efficiency, which appears to resonate well with the growing trend towards digital transformation in fleet management.

    The business tactics employed by these companies reflect a concerted effort to optimize supply chains and localize manufacturing processes. The market structure is moderately fragmented, with several players vying for market share, yet the influence of major companies is palpable. Their collective strategies not only enhance their competitive edge but also shape the overall market dynamics, fostering an environment where innovation and customer-centric solutions are paramount.

    In October 2025, Verizon Connect (US) announced a strategic partnership with a leading AI firm to enhance its telematics platform. This collaboration is expected to integrate machine learning algorithms that will improve predictive maintenance capabilities, thereby reducing downtime for fleets. Such a move underscores Verizon Connect's commitment to leveraging cutting-edge technology to provide superior service offerings, which could potentially set a new standard in the industry.

    In September 2025, Geotab (CA) launched a new suite of telematics solutions aimed at small to medium-sized enterprises (SMEs). This initiative is significant as it broadens Geotab's market reach and addresses the specific needs of SMEs, which often require cost-effective yet robust telematics solutions. By tailoring its offerings, Geotab positions itself as a versatile player capable of catering to diverse customer segments, thereby enhancing its competitive stance.

    In August 2025, Samsara (US) expanded its product line to include advanced driver safety features, integrating AI-driven analytics to monitor driver behavior. This strategic enhancement not only aligns with the increasing focus on safety within the industry but also reflects Samsara's proactive approach to addressing customer concerns. By prioritizing safety, Samsara is likely to strengthen its brand loyalty and attract new clients seeking comprehensive fleet management solutions.

    As of November 2025, the competitive trends in the commercial vehicle-telematics market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service delivery. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future differentiation will hinge on the ability to innovate and adapt to evolving market demands.

    Key Companies in the US Commercial Vehicle Telematics Market market include

    Industry Developments

    Recent developments in the US Commercial Vehicle Telematics Market have seen significant growth and innovation. Companies like Lytx, Verizon Connect, and Samsara are actively expanding their product offerings to enhance fleet management, with a focus on integrating Artificial Intelligence and advanced analytics for improved safety and efficiency. In terms of market dynamics, the increasing demand for real-time tracking and data analytics is propelling investments in telematics solutions. Notably, in April 2023, Teletrac Navman announced a strategic partnership with Omnicomm to enhance fuel management capabilities, reflecting a trend towards collaborative efforts in developing more comprehensive solutions.

    Furthermore, Geotab's acquisition of a key fleet management technology provider in March 2023 has strengthened its position in the market. Historical context shows that in 2021, a surge in e-commerce prompted a rise in telematics adoption among logistics and delivery services, solidifying the importance of data-driven decision-making. The telematics market continues to evolve rapidly, influenced by regulatory changes and advancements in technology. Overall, the US Commercial Vehicle Telematics Market remains a dynamic space with increasing competition and ongoing innovation among leading players.

    Future Outlook

    US Commercial Vehicle Telematics Market Future Outlook

    The commercial vehicle-telematics market is projected to grow at a 14.24% CAGR from 2024 to 2035, driven by advancements in connectivity, data analytics, and regulatory compliance.

    New opportunities lie in:

    • Integration of AI-driven predictive maintenance solutions
    • Development of advanced driver-assistance systems (ADAS)
    • Expansion of telematics-based insurance models

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

    Market Segmentation

    US Commercial Vehicle Telematics Market Type Outlook

    • Solutions
    • Services

    US Commercial Vehicle Telematics Market Vertical Outlook

    • Transportation & Logistics
    • Government & Utilities
    • Travel & Tourism
    • Construction
    • Education
    • Healthcare
    • Others

    US Commercial Vehicle Telematics Market Provider Type Outlook

    • OEM
    • Aftermarket

    Report Scope

    MARKET SIZE 202410.7(USD Billion)
    MARKET SIZE 202512.22(USD Billion)
    MARKET SIZE 203546.3(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)14.24% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies Profiled["Teletrac Navman (NZ)", "Geotab (CA)", "Verizon Connect (US)", "Fleet Complete (CA)", "Omnicomm (RU)", "Samsara (US)", "Teletrac (US)", "Zubie (US)"]
    Segments CoveredType, Provider Type, Vertical
    Key Market OpportunitiesIntegration of advanced analytics and artificial intelligence in fleet management systems.
    Key Market DynamicsRising demand for real-time data analytics drives innovation in commercial vehicle-telematics solutions across the US.
    Countries CoveredUS

    Leave a Comment

    FAQs

    What is the estimated market size of the US Commercial Vehicle Telematics Market in 2024?

    The US Commercial Vehicle Telematics Market is expected to be valued at approximately 10.73 billion USD in 2024.

    What is the projected market size for the US Commercial Vehicle Telematics Market by 2035?

    By 2035, the US Commercial Vehicle Telematics Market is projected to reach around 73.5 billion USD.

    What is the expected CAGR for the US Commercial Vehicle Telematics Market between 2025 and 2035?

    The estimated CAGR for the US Commercial Vehicle Telematics Market from 2025 to 2035 is 19.121%.

    What are the main types of solutions in the US Commercial Vehicle Telematics Market?

    The primary types of solutions in the US Commercial Vehicle Telematics Market include Solutions and Services, with Solutions estimated at 5.67 billion USD in 2024.

    How much is the Services segment of the US Commercial Vehicle Telematics Market expected to be valued in 2024?

    The Services segment of the US Commercial Vehicle Telematics Market is expected to be valued at approximately 5.06 billion USD in 2024.

    What market share do key players hold in the US Commercial Vehicle Telematics Market?

    Major players like Lytx, Verizon Connect, and Geotab contribute significantly to the US Commercial Vehicle Telematics Market share.

    What is the expected value of Solutions in the US Commercial Vehicle Telematics Market by 2035?

    By 2035, the value of Solutions in the US Commercial Vehicle Telematics Market is projected to reach around 40.43 billion USD.

    What challenges might impact growth in the US Commercial Vehicle Telematics Market?

    Challenges such as regulatory changes and technological advancements might impact growth in the US Commercial Vehicle Telematics Market.

    What are the potential growth drivers for the US Commercial Vehicle Telematics Market?

    Increasing demand for fleet management and enhanced vehicle safety are key growth drivers for the US Commercial Vehicle Telematics Market.

    How is the US Commercial Vehicle Telematics Market expected to perform in the next decade?

    The US Commercial Vehicle Telematics Market is expected to grow significantly over the next decade, driven by advancements in technology and increasing adoption of telematics solutions.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions