Commercial Vehicle Telematics Market Report 2026

The commercial vehicle telematics market size has grown rapidly in recent years. It will grow from $78.9 billion in 2025 to $91.62 billion in 2026 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to growth in fleet tracking adoption, early deployment of gps-based systems, increasing regulatory focus on fleet safety, rising use of vehicle diagnostics, expansion of logistics digitalization.

The commercial vehicle telematics market size is expected to see rapid growth in the next few years. It will grow to $162.43 billion in 2030 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to increasing adoption of connected commercial vehicles, expansion of electric fleet telematics, growth in data-driven fleet optimization, rising investment in predictive maintenance, development of advanced compliance and safety management tools. Major trends in the forecast period include adoption of AI-driven fleet intelligence platforms, integration of autonomous and semi-autonomous vehicle monitoring, expansion of IoT-enabled real-time telematics systems, advancement of cloud-based fleet optimization, development of intelligent driver and route management solutions.

The rising demand for electric vehicles is anticipated to drive the growth of the commercial vehicle telematics market in the future. Electric vehicles (EVs) are defined as vehicles powered by one or more electric motors, using electrical energy stored in rechargeable batteries or sourced from an external supply. Telematics in electric vehicles collects and transmits data regarding the vehicle's performance, location, and other aspects, enhancing the efficiency and safety of EVs. For example, the International Energy Agency, a France-based intergovernmental organization, reported that in 2023, electric car sales rose by 3.5 million units compared to 2022. Electric vehicles accounted for about 18% of total car sales in 2023, an increase from 14% in the previous year. Thus, the increasing demand for electric vehicles is fueling the growth of the commercial vehicle telematics market.

Major companies operating in the commercial vehicle telematics market are focusing on developing innovative products to reduce costly failures and vehicle downtime, thereby minimizing operational disruptions. An electronic brake performance monitoring system is a digital safety technology that continuously evaluates braking efficiency and component health to detect issues and ensure optimal braking performance. For instance, in April 2025, Samsara Inc., a UK-based provider of Internet-of-Things (IoT) and cloud-based software platforms, launched its Electronic Brake Performance Monitoring System (EBPMS) to help fleet operators comply with new guidelines from the Driver and Vehicle Standards Agency (DVSA). The system continuously tracks trailer braking data, reducing the need for frequent physical brake inspections and supporting proactive maintenance. Samsara’s EBPMS connects with trailer electronic braking systems through its Asset Gateway to deliver real-time alerts and detailed compliance reports, potentially saving fleets up to £1,200 per trailer annually while reducing downtime and costly failures.

In February 2024, Geotab, a global telematics provider based in Canada, entered into a partnership with Daimler Truck North America (DTNA) to optimize fleet management. The collaboration aims to enhance fleet management by incorporating Daimler truck data into Geotab’s platform, facilitating quicker, data-driven decisions that improve safety, efficiency, and sustainability. Daimler Truck North America (DTNA) is a prominent commercial vehicle manufacturer in the U.S. and a subsidiary of Daimler Truck AG.

Major companies operating in the commercial vehicle telematics market are Verizon Communications Inc., Cisco Systems Inc., Continental AG, Navistar International Corporation, Garmin Ltd., Trimble Inc., Tata Motors Limited, PTC Inc., Element Fleet Management Corp, Solera Inc., Samsara Inc., TomTom International BV, Omnitracs LLC, Geotab Inc., CalAmp Corp, Inseego Corporation, Mix Telematics International (Pty) Ltd., Lytx Inc., Zonar Systems Inc., Motive Technologies Inc., Platform Science Inc., Microlise Group PLC, Azuga Inc., Masternaut Limited, Spireon Inc., GPS Insight LLC, NexTraq LLC, Telemax Telematics Pty Ltd, AirIQ Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the commercial vehicle telematics market by raising costs for imported communication modules, gps chips, sensors, and cloud-connected hardware integral to telematics systems. Transportation, logistics, and government fleets in North America, Europe, and Asia-Pacific face delays and higher deployment costs due to global component dependencies. However, tariffs are also accelerating local manufacturing of telematics hardware, encouraging regional software development, and promoting diversified sourcing strategies that strengthen long-term market resilience.

The commercial vehicle telematics market research report is one of a series of new reports that provides commercial vehicle telematics market statistics, including commercial vehicle telematics industry global market size, regional shares, competitors with a commercial vehicle telematics market share, detailed commercial vehicle telematics market segments, market trends, and opportunities, and any further data you may need to thrive in the commercial vehicle telematics industry. This commercial vehicle telematics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Commercial vehicle telematics involves the integration of telecommunications and information technology systems within commercial vehicles to collect, transmit, and analyze operational data.

The primary categories within commercial vehicle telematics are solutions and services. A solution represents a method or approach to resolve specific challenges or issues, typically offered through original equipment manufacturers (OEM) and aftermarket providers. These telematics solutions cater to various industries or verticals, including transportation and logistics, government and utilities, travel and tourism, construction, education, healthcare, and other sectors. The technology is designed to address specific needs within these industries by enhancing vehicle operation, performance, and data-driven insights.Asia-Pacific was the largest region in the commercial vehicle telematics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial vehicle telematics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the commercial vehicle telematics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The commercial vehicle telematics market consists of revenues earned by entities by providing commercial vehicles telematics services such as vehicle tracking and location services, navigation and routing assistance, fleet management and optimization, and route planning and optimization. The market value includes the value of related goods sold by the service provider or included within the service offering. The commercial vehicle telematics market also includes sales of telematics devices, GPS tracking devices, electronic logging devices, sensors, onboard diagnostics (OBD), port adapters, and telematics control units that are used in providing commercial vehicle telematics services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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