How will the emerging video telematics market evolve in 2021 and beyond? The report covers the latest trends and developments in the dynamic telematics industry. The analyst forecasts that the active installed base of video telematics systems in Europe and North America will grow at a CAGR of 16.4 percent from almost 2.9 million units at the end of 2020 to 6.2 million by 2025. Get up to date with the latest information about vendors, products and markets.
The Video Telematics Market is the second consecutive report analysing the latest developments on the market for video telematics solutions. This strategic research report provides you with 180 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions.
Highlights from the second edition of the report:
- Insights from numerous interviews with market-leading companies.
- Descriptions of video telematics applications and associated concepts.
- Comprehensive overview of the video telematics value chain.
- In-depth analysis of market trends and key developments.
- Updated profiles of 39 companies offering video telematics software and hardware.
- Market forecasts lasting until 2025.
The installed base of video telematics systems in North America and Europe to exceed 6 million units by 2025
The integration of cameras to enable various video-based solutions in commercial vehicle environments is an important trend in the fleet telematics sector. The analyst's definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as an added feature to conventional fleet telematics. The front-running North American video telematics market is more than twice the size of the European, which is so far largely dominated by activities in the UK. The analyst estimates that the installed base of active video telematics systems in North America reached 2.1 million units in 2020.
Growing at a compound annual growth rate (CAGR) of 16.2 percent, the active installed base is forecasted to reach more than 4.4 million units in North America by 2025. In Europe, the installed base of active video telematics systems is estimated to almost 0.8 million units in 2020. The active installed base in the region is forecasted to grow at a CAGR of 17.9 percent to reach 1.8 million video telematics systems in 2025.
The video telematics market is served by a number of different types of players, ranging from specialists focused specifically on video telematics solutions, to general fleet telematics players which have introduced video offerings, and hardware-focused suppliers offering mobile digital video recorders (DVRs) and vehicle cameras used for video telematics. The analyst ranks Streamax, Lytx and Samsara as the leading video telematics players in their respective categories. “Streamax is the leading hardware provider, that also offers software dashboards which are widely used together with its devices”, said Rickard Andersson, Principal Analyst. He adds that Lytx has the largest number of video telematics subscriptions, with an estimated installed base in the range of 700,000 connected devices. “Samsara stands out among the general fleet telematics players as a particularly strong provider with a sizable number of camera units deployed across its subscriber base”, continued Mr. Andersson.
Additional significant players in this space include the fleet management pioneer Omnitracs (which recently acquired the video safety specialist SmartDrive Systems), the video telematics company SmartWitness and the fleet management player KeepTruckin. The remaining top-10 providers are Nauto, Howen, Trimble and VisionTrack. Other noteworthy players competing in the video telematics space include video-focused solution providers such as Netradyne, SureCam, Vision Techniques, Seeing Machines, LightMetrics, CameraMatics, Surfsight (now part of Lytx), Idrive, VUE and Exeros Technologies, fleet telematics players including Matrix Telematics, MiX Telematics, Microlise, Azuga, Radius Telematics and Trakm8, as well as the hardware-focused supplier Pittasoft (BlackVue). “These players have all reached estimated installed bases in the tens of thousands”, concluded Mr. Andersson.
This report answers the following questions:
- What different types of players are involved in the video telematics value chain?
- Which are the major specialised providers of video telematics solutions?
- What offerings are available from the general fleet management solution providers?
- How are the hardware-focused suppliers approaching the market?
- Which are the front-running geographic markets for video telematics solutions so far?
- What are the price levels for video telematics hardware and software?
- Which trends and drivers are shaping the market?
- How will the video telematics industry evolve in the future?
Who should buy this report?
The Video Telematics Market is the foremost source of information about the market for camera-based telematics solutions. Whether you are a video telematics solution provider, fleet telematics vendor, equipment manufacturer, insurance industry player, investor, consultant, or government agency, you will gain valuable insights from this in-depth research.
1 Video telematics solutions
1.1 Introduction to video telematics
1.1.1 Video telematics as a standalone application
1.1.2 Video telematics as an integrated part of fleet telematics
1.2 Video telematics applications and associated concepts
1.2.1 Video-based driver management
1.2.2 Driver fatigue and distraction monitoring
1.2.3 Advanced driver assistance systems (ADAS)
1.2.4 Driver training and coaching
1.2.5 Managed services
1.2.6 Exoneration of drivers and insurance-related functionality
1.3 Business models
2 Market forecasts and trends
2.1 Market analysis
2.1.1 Video telematics vendor market shares
2.1.2 The North American video telematics market
2.1.3 The European video telematics market
2.1.4 Rest of World outlook
2.2 Value chain analysis
2.2.1 Video telematics solution providers
2.2.2 Fleet telematics solution providers
2.2.3 Hardware-focused suppliers
2.2.4 Insurance industry players
2.3 Market drivers and trends
2.3.1 Privacy issues expected to soften as video telematics becomes mainstream
2.3.2 Regulatory developments can drive adoption of camera-based technology
2.3.3 M&A activity on the rise for video telematics
2.3.4 Partnership strategies common in the video telematics space
2.3.5 Increasing commoditisation of video telematics hardware expected
2.3.6 Artificial intelligence and machine vision capabilities become table stakes
3 Company profiles and strategies
3.1 Video telematics solution providers
3.1.3 Exeros Technologies
3.1.4 Fastview 360
3.1.6 iCAM Video Telematics
3.1.12 Seeing Machines
3.1.15 Surfsight (Lytx)
3.1.16 Vision Techniques
3.2 Fleet telematics solution providers
3.2.3 J. J. Keller
3.2.5 Matrix Telematics
3.2.7 MiX Telematics
3.2.9 Radius Telematics
3.2.13 Verizon Connect
3.3 Hardware-focused suppliers
3.3.5 PFK Electronics
3.3.6 Pittasoft (BlackVue)
3.3.8 Zone Defense (Pro-Vision)
List of Figures
Figure 1.1: Multi-camera video telematics software interfaces
Figure 1.2: Video telematics hardware devices
Figure 1.3: Fleet management infrastructure overview
Figure 1.4: Example of distraction and fatigue detection
Figure 1.5: Illustration of WABCO’s OnLaneALERT camera-based LDW system
Figure 1.6: Lytx Driver Safety Cycle
Figure 2.1: Top-10 video telematics providers, by installed base (World Q4-2020)
Figure 2.2: Video telematics market forecast (North America 2020-2025)
Figure 2.3: Video telematics market forecast (Europe 2020-2025)
Figure 2.4: Cipia’s Fleet Sense device and Driver Sense driver monitoring system
Figure 2.5: Examples of fleet management players offering video telematics
Figure 2.6: Geotab Marketplace partners in the Cameras & ADAS category
Figure 2.7: Upcoming updated versions of Zonar Coach and Fleet Complete Vision
Figure 2.8: CalAmp iOn Vision fleet dash cam
Figure 2.9: EROAD Clarity dashcam
Figure 2.10: FleetCam package options
Figure 2.11: Navixy Marketplace extensions in the Cameras and ADAS sub-category
Figure 2.12: Teltonika DualCam and supported tracking devices
Figure 2.13: Examples of FORS compliance solutions
Figure 2.14: Mergers and acquisitions in the video telematics sector (2020–2021)
Figure 2.15: Illustrative examples of video telematics solutions involving multiple parties
Figure 2.16: AI-based Mask Detection functionality
Figure 3.1: SafetyDirect web portal
Figure 3.2: CameraMatics Command Centre
Figure 3.3: Overview of Exeros’ safety solutions
Figure 3.4: Overview of Exeros’ vehicle CCTV packages
Figure 3.5: TrackEye Vehicle CCTV and TrackEye Nano hardware
Figure 3.6: Idrive’s AI Cam dashcam and Iris platform
Figure 3.7: Illustration of ADAS and DMS features enabled by LightMetrics’ AI modules
Figure 3.8: LightMetrics’ dashboard
Figure 3.9: Lytx DriveCam Event Recorder (SF300)
Figure 3.10: Lytx backoffice interface for fleet management services
Figure 3.11: Nauto’s AI-powered multi-sensor device
Figure 3.12: Modules of Nauto’s Driver Risk Reduction Platform
Figure 3.13: Nauto and Geotab integration
Figure 3.14: Netradyne’s Driveri D-410 Quad Cam
Figure 3.15: Netradyne’s Driveri D-210 Dual Cam
Figure 3.16: Example of real-time driving analysis by Netradyne’s Driveri
Figure 3.17: Schematic overview of Seeing Machine’s Guardian system
Figure 3.18: Hardware components of Seeing Machine’s fleet product Guardian
Figure 3.19: Schematic overview of video telematics based on SmartWitness’ SmartAPI
Figure 3.20: SmartWitness software interface
Figure 3.21: CP2-LTE 1080p Video Telematics Camera
Figure 3.22: SureCam connected cameras
Figure 3.23: SureCam’s Fleet Video + GPS Track and Trace online platform
Figure 3.24: Surfsight AI-12 dual-facing camera
Figure 3.25: Surfsight software interface
Figure 3.26: Vision Techniques’ VT RECORD 3
Figure 3.27: VisionTrack’s cloud-based IoT platform Autonomise.ai
Figure 3.28: VisionTrack’s VT2000, VT2.2 and VT3000 connected cameras
Figure 3.29: VUEgroup overview
Figure 3.30: VUEconnected portal and VUEmatics Connected (VMC) range
Figure 3.31: Azuga’s offering including SafetyCam
Figure 3.32: Overview of the Ctrack Iris video monitoring solution
Figure 3.33: J. J. Keller Dash Cam Pro & Encompass Video Event Management Solution
Figure 3.34: KeepTruckin hardware - Asset Gateway, Smart Dashcam, Vehicle Gateway
Figure 3.35: Matrix Telematics’ IncidentCam 4G (IC4G) and dual-facing camera
Figure 3.36: Two versions of Matrix Telematics’ IncidentCam Pro (ICPro)
Figure 3.37: Matrix Telematics’ user interface
Figure 3.38: MiX Vision in-vehicle camera solution
Figure 3.39: Omnitracs’ Critical Event Video
Figure 3.40: SmartDrive’s latest generation SmartRecorder (SR4) hardware
Figure 3.41: SmartDrive SmartChoice program
Figure 3.42: Kinesis Vision software and hardware
Figure 3.43: Samsara’s cloud-based interface
Figure 3.44: Samsara’s CM31 front-facing and CM32 dual-facing AI dash cams
Figure 3.45: Trakm8’s RH600 4G integrated telematics camera and multi-camera DVRs
Figure 3.46: Trimble’s Video Intelligence portal
Figure 3.47: DVR and camera options for Trimble’s Video Intelligence
Figure 3.48: Verizon Connect Integrated Video
Figure 3.49: D-TEG’s TX1000D, TX2000, TX4000 and CRX3108
Figure 3.50: D-TEG PC Viewer Software for TX4000
Figure 3.51: Garmin’s Fleet 790 fleet telematics tablet with integrated dash cam
Figure 3.52: Garmin’s Dash Cam Mini (DC Mini) and Dash Cam Tandem (DC Tandem)
Figure 3.53: FleetCam video telematics based on Garmin Fleet 790
Figure 3.54: Howen mobile DVR/NVR and Mobile Data Terminal
Figure 3.55: Howen’s VSS software
Figure 3.56: Video solution from 3Dtracking in collaboration with Howen Technologies
Figure 3.57: Micronet SmartCam All-In-One Video Telematics device
Figure 3.58: PFK Electronics’ Autowatch 852 Video Telematics unit
Figure 3.59: Powered by PFK examples
Figure 3.60: Pittasoft’s BlackVue DR750S-2CH TRUCK
Figure 3.61: Pittasoft’s BlackVue Cloud API and Fleet SDK for developers
Figure 3.62: Streamax’s C6D-AI, X1-H0401, TP2 system, D5X-AI, X7 Pro and A8 Pro
Figure 3.63: Ceiba II software interface from Streamax
Figure 3.64: FT Vision live view and evidence review
Figure 3.65: Functionality enabled by Streamax’s Driver Status Monitoring (DSM)
Figure 3.66: Streamax’s mobile DVR sales quantities by region (2019)
Figure 3.67: Sales and production quantities by category (2016-2019)
Figure 3.68: Deliveries of connected mobile DVRs (2015-2019)
Figure 3.69: RideCam powered by Zone Defense
- Exeros Technologies
- Fastview 360
- iCAM Video Telematics
- J. J. Keller
- Matrix Telematics
- MiX Telematics
- PFK Electronics
- Pittasoft (BlackVue)
- Radius Telematics
- Seeing Machines
- Surfsight (Lytx)
- Verizon Connect
- Vision Techniques
- Zone Defense (Pro-Vision)
The Internet of Things is very diverse. There are hundreds of different use cases, each with different dynamics. The starting point is to segment the market.
The analyst begins with a number of sectors: Automotive, Cities, Health, Industry, Home, Industrial, Energy, Retail and Consumer Electronics. Each of these sectors breaks down into a number of applications. In total across all sectors, the analyst examines around 150 separate applications. It is at this application level that they generate their IoT forecast. The analyst builds reliable data bottom-up. They take into consideration the current adoption rate, regulations, demographics, vertical-specific statistics, value chain structure, etc.
The rigorous data collection methods are based on first-hand and secondary sources. The analyst conducts many hundreds of executive interviews on a yearly basis with companies from all parts of the IoT value chain. They talk to on a regular basis all major mobile operator groups and regulators as well as the chipset, module, and terminal vendors. They also interview many companies in each of the vertical markets.