| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Volume (2025) | 10.53 Million units |
| Market Volume (2030) | 20.53 Million units |
| CAGR | 14.28 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Commercial Vehicle Telematics Market Analysis
The North America Commercial Vehicle Telematics Market size is estimated at 10.53 Million units in 2025, and is expected to reach 20.53 Million units by 2030, at a CAGR of 14.28% during the forecast period (2025-2030).
North America is witnessing significant strides in the commercial vehicle telematics sector, driven by the infusion of cutting-edge technologies. A notable shift in the market is the adoption of advanced vehicle telematics solutions. These empower fleet managers to oversee and control their fleets with heightened efficiency. Not only does this technology bolster the safety of fleets and their drivers, but it also offers fleet managers an enriched perspective on operations.
- Driven by rising demands for safety, security, and comfort, commercial vehicle telematics is gaining traction. Advanced technologies empower industry players to roll out innovative offerings, from fleet and asset management to telehealth services and navigation systems.
- In North America, government legislation and adherence to vehicle safety standards fortify the commercial telematics sector. Additionally, the widespread adoption of smartphones and connectivity solutions across North America has further propelled the growth of the commercial vehicle telematics market.
- Cloud-based telematics systems offer scalable solutions that can easily adapt to the changing needs of businesses, whether they have a small fleet or a large one. This flexibility allows companies to expand their telematics applications without the need for significant upfront investments in hardware and infrastructure.
- In August 2024, Salesforce launched Connected Vehicle, a new Automotive Cloud application that gives automakers a faster and easier way to build and deliver safer, more personalized driver experiences. With a single console and ready-to-use set of industry-specific and low-code/no-code development tools, the application helps automakers roll out new services and features to drivers faster with bidirectional, over-the-air (OTA) capabilities, enabling data sharing and software updates between the cloud and vehicle over a wireless or cellular network.
- The commercial telematics market in North America is witnessing robust growth; however, privacy and security concerns present significant challenges that could impede its expansion. These concerns primarily revolve around safeguarding data, ensuring regulatory compliance, and mitigating the risks associated with the misuse of sensitive information.
North America Commercial Vehicle Telematics Market Trends
Original Equipment Manufacturer (OEM) Segment to Lead the Market
- OEMs are embedding telematics systems directly into vehicles during manufacturing, underscoring the OEM segment's dominance in the commercial vehicle telematics market. This integration equips fleet operators and logistics firms with ready-to-use solutions, facilitating swift activation of fleet management systems and boosting adoption rates. The built-in nature of these systems eliminates the need for aftermarket installations, reducing downtime and ensuring compatibility with the vehicle's existing systems.
- By directly integrating telematics technology, OEMs are ensuring that consumers receive seamless solutions, solidifying telematics as a cornerstone of contemporary vehicles. OEM telematics typically consists of two primary elements: embedded telematics hardware and fleet management software. The software, often cloud-based, gathers, processes, and relays data from the hardware to fleet managers. This integration allows for real-time monitoring and decision-making, enhancing operational efficiency and enabling predictive maintenance.
- North America stands out as a dominant player in the commercial vehicle market. For instance, the Organisation Internationale des Constructeurs d'Automobiles (OICA) reported that in 2023, the U.S. led with sales of approximately 12.89 million commercial vehicles. Canada also made its mark, selling around 1.5 million units. Such robust sales figures underscore a thriving ecosystem for the commercial vehicle sector, driven by strong demand across industries such as logistics, construction, and e-commerce, which rely heavily on commercial vehicles for operations.
- Driving this momentum is the increasing adoption of factory-fitted telematics solutions by commercial vehicle OEMs. Take Volvo Trucks North America, for example. They've partnered with Geotab, a leader in the Internet of Things (IoT) and connected transportation, to integrate advanced telematics solutions. This collaboration, spanning several years, aims to enhance fleet management, diagnostics, compliance, and driver support. These solutions not only improve operational efficiency but also help fleet operators reduce costs, ensure regulatory compliance, and enhance driver safety, making them a critical value addition for businesses.
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United States Holds Market Major Share
- The automotive industry is undergoing a significant transformation as a result of the development of new areas such as Advanced Driver Assistance Systems (ADAS), Mobility-as-a-Service providers (MaaS), Connectivity, Autonomous, Sharing/Subscription, and Electrification (CASE), and the entry of new industries utilizing IoT technology and the emergence of new services like ride-sharing and car-sharing. All of these applications necessitate speedy data transfer, analysis, and deployment. All of these factors are propelling the North American video telematics industry forward.
- The United States, particularly, stands out as a leading adopter of LCVs in North America. Data from the International Organization of Motor Vehicle Manufacturers (OICA) highlights that in 2023, the US produced over 8.5 million light commercial vehicles, accounting for over two-thirds of North America's total production. This high production volume reflects the strong demand for LCVs in the region, driven by the need for efficient transportation solutions in sectors like construction, agriculture, and logistics.
- Various US consumers are switching insurers because their premiums have increased despite driving less. Lockdown measures during the pandemic led consumers to drive less, laying bare the inflexibility of traditional coverage that doesn't typically adapt its premiums to changing habits. This pushed more policyholders to demand behavior-based pricing. It can offer lower premiums by analyzing auto usage and behavioral data to personalize mileage-based policies.
- The United States is anticipated to be the significant market for connected cars in the country due to the substantial presence of automotive OEMs, high levels of technology awareness amongst the general car buyers, preference for infotainment and telematics in vehicles, widespread adoption of 4G/5G and increasing sales of electric, connected and autonomous cars in the country.
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North America Commercial Vehicle Telematics Industry Overview
The studied market comprises several global and regional players vying for attention in a highly competitive market, with players like Mix Telematics, Verizon, AT&T Inc., etc., and OEM Telematics players like Volvo Trucks Corporation, General Motors Company, Volkswagen Truck & Bus, etc. Although the market poses high barriers to entry for new players, several new entrants have gained traction.
Acquisitions with a motive to expand their market presence have been the existing players' most prominent strategy.
For instance, Wheels, Inc. and Donlen, LLC announced a merger, allowing a single entity to offer integrated and enhanced mobility solutions and products for recognized SMEs and large fleets. The company plans to maintain a measured approach towards the integration process, retain a level of individuality of both, and ensure the continuity of client-facing contacts to enable a smooth transition.
Further, companies have opted for cloud-based services that provide faster security updates. This has led to increased demand for cloud-based vehicle telematics solutions, as the updates can be received in real-time. The service-based industry prefers such deployment.
North America Commercial Vehicle Telematics Market Leaders
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Volvo Trucks (Volvo Group)
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Ford Motor Company
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Hino Motors, Ltd.
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General Motors Company
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Volkswagen Group
- *Disclaimer: Major Players sorted in no particular order
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North America Commercial Vehicle Telematics Market News
- January 2025: Stellantis, one of the world’s leading automakers, and dSPACE, a simulation and validation solution provider, announced they had signed a non-binding Memorandum of Understanding (MOU) aimed at accelerating the cloud-based development of Stellantis vehicles. The collaboration will integrate dSPACE’s VEOS platform for Software-in-the-Loop (SIL) testing into the Stellantis Virtual Engineering Workbench (VEW), enabling faster, scalable development of customer-focused features.
- September 2024: Kia joined forces with Canadian fleet data provider Geotab and Hyundai Motor Group’s software arm 42dot to create an advanced fleet management system for its new line of purpose-built vehicles. Kia’s PBVs are commercial electric vehicles designed to be customizable. First revealed at Consumer Electronics Show (CES) 2024, these vehicles are built on a modular platform, meaning they can be adapted for many business uses. Whether for ride-hailing services, delivery or even mobile offices, PBVs are Kia’s vision for the future of commercial transportation.
North America Commercial Vehicle Telematics Industry Segmentation
Commercial vehicle telematics leverages telecommunication and informatics technologies to oversee and optimize commercial vehicle fleets. This technology facilitates real-time data exchanges between vehicles and central systems, enhancing efficiency, safety, and cost-effectiveness. Typically utilizing GPS and various sensors, telematics systems deliver real-time location data, empowering fleet managers to monitor vehicles and drivers instantaneously.
The North American commercial vehicle telematics includes hardware and software solutions with services. Vehicle telematics enhances driving safety and efficiency by collecting and transmitting vehicle data. The market study covers the key drivers, restraints, and opportunities with a detailed impact analysis. It also covers existing regulations and frameworks related to the commercial vehicle telematics market.
North America commercial vehicle telematics market is segmented by type (OEM, aftermarket), vehicle type (light commercial vehicles, medium/states, heavy commercial vehicles, off-highway vehicles), country (United States, Canada), solutions (fleet tracking and monitoring, driver management, insurance telematics, safety and compliance, v2x solutions, other solutions). The market sizes and forecasts are provided in terms of installed bases (Units) for all the above segments.
| By Type | OEM |
| Aftermarket | |
| By Vehicle Type | Light Commercial Vehicles |
| Medium/States | |
| Heavy Commercial Vehicles | |
| Off-Highway Vehicles | |
| By Country | United States |
| Canada | |
| By Solutions | Fleet Tracking and Monitoring |
| Driver Management | |
| Insurance Telematics | |
| Safety and Compliance | |
| V2X solutions | |
| Other Solutions |
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North America Commercial Vehicle Telematics Market Research FAQs
How big is the North America Commercial Vehicle Telematics Market?
The North America Commercial Vehicle Telematics Market size is expected to reach 10.53 million units in 2025 and grow at a CAGR of 14.28% to reach 20.53 million units by 2030.
What is the current North America Commercial Vehicle Telematics Market size?
In 2025, the North America Commercial Vehicle Telematics Market size is expected to reach 10.53 million units.
Who are the key players in North America Commercial Vehicle Telematics Market?
Volvo Trucks (Volvo Group), Ford Motor Company, Hino Motors, Ltd., General Motors Company and Volkswagen Group are the major companies operating in the North America Commercial Vehicle Telematics Market.
What years does this North America Commercial Vehicle Telematics Market cover, and what was the market size in 2024?
In 2024, the North America Commercial Vehicle Telematics Market size was estimated at 9.03 million units. The report covers the North America Commercial Vehicle Telematics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Commercial Vehicle Telematics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
