Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.05 Billion | USD 23.69 Billion | 10.10% | 2024 |
FrequentlyAsked Questions
Automotive telematics is the integrated application of telecommunications, information processing, and vehicular technologies to enable the transmission of data to and from vehicles.
The automotive telematics market is expected to be driven by increasing regulatory mandates for vehicle safety features, rising consumer demand for connected services, integration with advanced driver assistance systems, developments in autonomous vehicle technology, and the growing adoption of usage-based insurance and fleet management solutions.
According to our study, the global automotive telematics market was worth around USD 9.05 billion in 2024 and is predicted to grow to around USD 23.69 billion by 2034.
The CAGR value of the automotive telematics market is expected to be around 10.10% during 2025-2034.
The global automotive telematics market will register the highest growth in Asia Pacific during the forecast period.
Key players in the automotive telematics market include Robert Bosch GmbH, Continental AG, Verizon Connect, AT&T Inc., Geotab Inc., TomTom International BV, Trimble Inc., Visteon Corporation, LG Electronics, MiX Telematics, Harman International (Samsung), Octo Telematics, Airbiquity Inc., Teletrac Navman, DENSO Corporation, ConnectedDrive Technologies, AutoConnect Solutions, VehicleSense Systems, CalAmp, and Omnitracs LLC.
The report comprehensively analyzes the automotive telematics market, including an in-depth discussion of market drivers, restraints, emerging trends, regional dynamics, and future growth opportunities. It also examines competitive dynamics, technological innovations, service offerings, and the evolving connected vehicle ecosystem shaping the telematics landscape.
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