Global Connected Truck Telematics Outlook, 2024
Published on: 20-Jun-2024 | SKU: AU_2024_821

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The 2024 Global Connected Truck Telematics Outlook analyzes the dynamic telematics landscape characterized by innovation, regulation, and collaboration across key global regions. As the commercial vehicle telematics industry evolves, leveraging the full potential of fleet management technologies will be imperative for stakeholders to drive efficiency, safety, and sustainability.

Advancements in connected technologies are revolutionizing the fleet management industry, particularly in the commercial vehicles segment. This connected truck telematics industry analysis presents a comprehensive analysis of the current industry landscape, emerging trends, and prospective growth opportunities.

The integration of advanced analytics and artificial intelligence is extending the capabilities of telematics systems, empowering fleet operators with critical fleet insights in real time. Key drivers shaping the connected truck telematics industry include regulatory mandates, such as the electronic logging device (ELD) regulations in North America, digital tachograph due to the Smart Tachograph mandate in Europe, and overall awareness of the potential ROI benefits from telematics solutions. The escalating demand for operational efficiency, fuel savings, and environmental sustainability is steering the adoption of telematics solutions across diverse industry verticals.

This industry outlook highlights emerging trends, such as the convergence of telematics with emerging technologies such as edge computing and video telematics, which promise to unlock new opportunities for data-driven decision-making and enhanced security in the connected truck ecosystem. Furthermore, the rise of autonomous vehicles and platooning technologies is poised to reshape the future of trucking, necessitating advanced telematics solutions for seamless integration and operation.

Data privacy concerns, interoperability issues, and cybersecurity threats pose significant hurdles to the widespread adoption of connected truck telematics. Addressing these challenges requires collaborative efforts from industry stakeholders, policymakers, and technology providers to establish robust standards and protocols while safeguarding sensitive data.

The analysis thoroughly examines critical industry indicators, offering valuable insights across various dimensions, including vehicle classifications, fleet magnitudes, telematics adoption rates, OEM market shares, and the impact of telematics products across different regions and sectors. Additionally, it delves into potential avenues for expansion through a multifaceted analysis, assisting industry stakeholders in formulating tailored strategies to tackle industry obstacles and capitalize on burgeoning opportunities for diversifying revenue streams.

Author: Mugundhan Deenadayalan

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Connected Truck Telematics Industry

Growth Opportunities Fuel the Growth Pipeline EngineTM

Scope of Analysis

Definitions: Types of Telematics Solutions and Purchase Models

Industry Segmentation

Competitive Environment

Key Competitors

Important Findings: A Recap of 2023

Important Findings: Top 5 Predictions for 2024

Top 10 Trends for 2024

Top 10 Growth Opportunities

Global GDP Growth

Inflation and Interest Rates

North America

Western Europe

Asia

Middle East

Notable M&As in 2023

Snapshot of Regulations and Mandates

Snapshot of Regulations and Mandates (continued)

Top Connected Truck Telematics Trends in 2024

Regional Connected Truck Telematics Industry

Regional Analysis by Service Revenue

Regional Opportunity Analysis by Industry/Application

Emerging Competitors in Related Segments

Emerging Competitors in Related Segments

Regional Outlook: Discussion Points

Installed Base by Region

Analysis of Service Revenue by Region

Percent Contribution Forecast by Product Type

Percent Contribution Forecast by Pricing and Service Model

LCV and M/HCV Telematics Contribution Forecast

LCV and M/HCV Telematics Penetration

Global Connected OEM and Third-party Contribution Forecast

Top Trends Driving the Global Connected Truck Telematics Industry

Important Telematics OEMs

Important Telematics OEMs (continued)

Important Tier 1 Telematics Participants

2023 Regional Analysis: North America

2024 Vendor Analysis: North America

2023 Regional Analysis: Europe

2024 Vendor Analysis: Europe

2023 Regional Analysis: Latin America

2024 Vendor Analysis: LATAM

2023 Regional Analysis: India

2024 Vendor Analysis: India

2023 Regional Analysis: South Africa

2024 Vendor Analysis: South Africa

2023 Regional Analysis: Russia and CIS

2024 Vendor Analysis: Russia and CIS

2023 Regional Analysis: ANZ

2024 Vendor Analysis: ANZ

2023 Regional Analysis: Middle East

2024 Vendor Analysis: Middle East

Abbreviations and Acronyms

Growth Opportunity 1: Video Telematics

Growth Opportunity 1: Video Telematics (continued)

Growth Opportunity 2: Sustainability

Growth Opportunity 2: Sustainability (continued)

Growth Opportunity 3: Artificial Intelligence and Machine Learning

Growth Opportunity 3: Artificial Intelligence and Machine Learning (continued)

Best Practices Recognition

Frost Radar

Benefits and Impacts of Growth Opportunities

Next Steps

Take the Next Step

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer


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The 2024 Global Connected Truck Telematics Outlook analyzes the dynamic telematics landscape characterized by innovation, regulation, and collaboration across key global regions. As the commercial vehicle telematics industry evolves, leveraging the full potential of fleet management technologies will be imperative for stakeholders to drive efficiency, safety, and sustainability. Advancements in connected technologies are revolutionizing the fleet management industry, particularly in the commercial vehicles segment. This connected truck telematics industry analysis presents a comprehensive analysis of the current industry landscape, emerging trends, and prospective growth opportunities. The integration of advanced analytics and artificial intelligence is extending the capabilities of telematics systems, empowering fleet operators with critical fleet insights in real time. Key drivers shaping the connected truck telematics industry include regulatory mandates, such as the electronic logging device (ELD) regulations in North America, digital tachograph due to the Smart Tachograph mandate in Europe, and overall awareness of the potential ROI benefits from telematics solutions. The escalating demand for operational efficiency, fuel savings, and environmental sustainability is steering the adoption of telematics solutions across diverse industry verticals. This industry outlook highlights emerging trends, such as the convergence of telematics with emerging technologies such as edge computing and video telematics, which promise to unlock new opportunities for data-driven decision-making and enhanced security in the connected truck ecosystem. Furthermore, the rise of autonomous vehicles and platooning technologies is poised to reshape the future of trucking, necessitating advanced telematics solutions for seamless integration and operation. Data privacy concerns, interoperability issues, and cybersecurity threats pose significant hurdles to the widespread adoption of connected truck telematics. Addressing these challenges requires collaborative efforts from industry stakeholders, policymakers, and technology providers to establish robust standards and protocols while safeguarding sensitive data. The analysis thoroughly examines critical industry indicators, offering valuable insights across various dimensions, including vehicle classifications, fleet magnitudes, telematics adoption rates, OEM market shares, and the impact of telematics products across different regions and sectors. Additionally, it delves into potential avenues for expansion through a multifaceted analysis, assisting industry stakeholders in formulating tailored strategies to tackle industry obstacles and capitalize on burgeoning opportunities for diversifying revenue streams. Author: Mugundhan Deenadayalan
More Information
Deliverable Type Market Outlook
Author Mugundhan Deenadayalan
Industries Automotive
No Index No
Is Prebook No
Keyword 1 Connected truck telematics
Keyword 2 Telematics market outlook
Keyword 3 Global truck telematics trends
Podcast No
Predecessor MGE4-01-00-00-00
WIP Number MH57-01-00-00-00

Global Connected Truck Telematics Outlook, 2024

AutomotiveGlobal Connected Truck Telematics Outlook, 2024

Empowering Connectivity and Maximizing Vehicle Uptime are Top Fleet Priorities as Efforts to Future-proof Transportation Intensify

RELEASE DATE
20-Jun-2024
REGION
Global
Deliverable Type
Market Outlook
Research Code: MH57-01-00-00-00
SKU: AU_2024_821
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU_2024_821