Passenger Car Telematics: Global Market for Services and Solutions

Report Code: IAS195A

Publish Date: Mar 2023

Publisher: BCC Publishing

Category: Instrumentation and Sensors

Customize This Report

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global passenger car telematics market should reach $99.3 billion by 2027 from $53.9 billion in 2022 at a compound annual growth rate (CAGR) of 13.0% for the forecast period of 2022 to 2027.

Report Includes

  • 28 data tables and 15 additional tables
  • A detailed review and up-to-date assessment of the global market for passenger car telematics services and solutions
  • Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the market potential for passenger car telematics, industry growth drivers, and areas of focus to forecast this market into various segments and subsegments
  • Estimation of the actual market size for passenger car telematics in USD million values, revenue forecast, and corresponding market share analysis by product type, connectivity, application, sales channel, and geographic region
  • In-depth information (facts and figures) concerning market drivers, market deterrents and other macroeconomic forces affecting the current and future market outlook
  • Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on manufacturers, suppliers, and solutions providers of passenger car telematics
  • Updated information on recent mergers, acquisitions, partnerships, agreements, collaborations, joint ventures, and market expansions in the passenger car telematics industry
  • A relevant patent analysis with significant allotments of patents on passenger car telematics technology
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Descriptive company profiles of the leading global players, including Continental AG, LG Electronics, Powerfleet Inc., Tata motors, and Verizon Connect

Report Scope

This report analyses product types, connectivity, applications, sales channels, and regional market development for passenger car telematics. Furthermore, we have also covered market analysis for major countries in this report, such as the US, China, Germany, and others, where the opportunities for passenger car telematics are profitable.

The report is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current, and future market scenarios. The report also covers leading companies with information on product types, business footprint, revenue, employee strength, etc. We have also covered a list of other companies in the global and regional markets with their product-related information. The analyst has also covered the patent analysis for the passenger car telematics market, which represents a significant investment area for investors.

The report includes the impact of COVID-19 and the Russia-Ukraine war on the global and regional markets.

2021 is considered a historic/base year, 2022 is an estimated year, and the market values are forecasted for five years until 2027. All market values are in the ($) billion.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022 to 2027
Base year market size $48.8 billion
Market size forecast $99.3 billion
Growth rate CAGR of 13.0% for the forecast period of 2022-2027
Units considered $ Billions
Segments covered product type, connectivity type, application, sales channel, and region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (ROW)
Countries covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Russia, Poland, Rest of Europe, China, Japan, India, South Korea, Rest of Asia-Pacific, Middle East, and South America
Key Market Drivers
  • Ridesharing Companies are Focused on Implementing New Technologies to Improve the Safety of Vehicles and Passengers
  • Telematics is Solving Car Sharing Challenges
  • Strict Government Regulations and Standards are Pushing the Installation of Telematics Devices in Vehicles
  • The Usage of Telematic Services Can Help Fleet Managing Companies to Achieve Sustainability Goals
  • Drivers on the Demand Side for Market for Passenger Car Telematics
  • Rising Fuel Prices
  • Lack of Infrastructure for Connectivity in Many Countries
  • High Upfront Cost of Installation
  • Data Hacking
Companies studied
CARTRACKCONTINENTAL AG
FLEET COMPLETEGEOTAB INC.
INSURANCE & MOBILITY SOLUTIONSLG ELECTRONICS
MASTERNAUT LTD.MICROLISE LTD.
MIX TELEMATICSOCTO GROUP S.P.A.
OMNIMATICS SDN. BHDPOWERFLEET INC.
SAMSARA INC.TATA MOTORS LTD.
TELETRAC NAVMAN U.S. LTD.VERIZON
VISTEON CORP.ZONAR SYSTEMS
Need pricing for multiple titles, a complete report bundle, or something specially curated to fit your budget? EXPLORE OFFERS

Frequently Asked Questions (FAQs)

• The passenger car telematics market is projected to grow from $48.8 billion in 2021 to $99.3 billion in 2027 at a compound annual growth rate (CAGR) of 13.0% during the forecast period.
• Ridesharing companies are focused on implementing new technologies to improve the safety of vehicles and passengers.
• Car sharing challenges are being solved by telematics.
• Government’s strict regulations and standards are pushing the installation of telematics devices in vehicles
• The usage of telematic services can help fleet-managing companies achieve sustainability goals
• Rising the price of fuel.
• The passenger car telematics market is segmented based on product type, connectivity type, application, sales channel, and region.
• Service/content segment will dominate the market by the end of 2027.
• Europe holds the highest share of the global market.
• Key companies in the market include CARTRACK, CONTINENTAL AG, FLEET COMPLETE, GEOTAB INC., INSURANCE & MOBILITY SOLUTIONS, LG ELECTRONICS, MASTERNAUT LTD., MICROLISE LTD, MIX TELEMATICS, OCTO GROUP S.P.A, OMNIMATICS SDN. BHD, POWERFLEET, INC., SAMSARA INC., TELETRAC NAVMAN U.S. LTD., VERIZON CONNECT, and others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Latest reports include:
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Passenger Car Telematics: Global Market for Services and Solutions143Free
Chapter- 1: Introduction11Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview17Free
Chapter- 4: Global Market Dynamics10Free
Chapter- 5: Market Breakdown by Region11Free
Chapter- 6: Market Breakdown by Product Type8Free
Chapter- 7: Market Breakdown by Type of Connectivity7Free
Chapter- 8: Market Breakdown by Application10Free
Chapter- 9: Market Breakdown by Sales Channel6Free
Chapter- 10: Patent Analysis32Free
Chapter- 11: Competitive Landscape10Free
Chapter- 12: Company Profiles17Free
Chapter- 13: Appendix: Acronyms2Free

Related Reports

Antenna: Including Patch, Embedded, Fractal, Smart and Reflectors

Published - Mar 2025 | Publisher - BCC Publishing | Code - IFT073G

The global antennas market is expected to grow from $23.6 billion in 2024 and is projected to reach $34.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period of 2024 to 2029.

Smart Transportation: Technologies and Markets

Published - Dec 2024 | Publisher - Austin Samuel | Code - IFT205B

The global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029, at a compound annual growth rate (CAGR) of 21.7% from 2024 through 2029.

Autonomous Trucks: Global Markets

Published - Jan 2024 | Publisher - BCC Publishing | Code - IAS181B

The global market for autonomous trucks is expected to grow from $3.3 billion in 2023 to over $6.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 16.2% during the forecast period of 2023-2028.

Automotive Electronics: Global Markets for IC Engine and EVs

Published - Oct 2023 | Publisher - Kuldeep Bhadouria | Code - ENG034A

The global market for automotive electronics is estimated to increase from $337.9 billion in 2023 to reach $508.0 billion by 2028, at a compound annual growth rate (CAGR) of 8.5% during the forecast period of 2023-2028.

Track the Latest Global Tariff Developments

In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.

Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.

Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.

With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.

Ready to see what tariff means for your business?

Consult with our experts or request your custom Tariff Impact Brife today

Stay Informed, Stay Competitive

In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.

Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.

Our analysis includes:

  • Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
  • Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
  • Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.

With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.

Don't let tariffs catch you off guard—let our insights guide your strategy.

This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 43

  • Summary Table: Global Market for Passenger Car Telematics, by Region, Through 2027
  • Table 1: Passenger Car Telematics Feature, by Packages
  • Table 2: Market Drivers on the Demand Side
  • Table 3: Shipment of Telematic Devices for Various Connectivity Networks, 2016 and 2020
  • Table 4: Global Market for Passenger Car Telematics, by Region, Through 2027
  • Table 5: North American Market for Passenger Car Telematics, by Country, Through 2027
  • Table 6: Penetration Rate of Telematics in the European Countries
  • Table 7: European Market for Passenger Car Telematics, by Country, Through 2027
  • Table 8: Implementation of Telematic Services in the Japanese and South Korean Markets
  • Table 9: Asia-Pacific Market for Passenger Car Telematics, by Country, Through 2027
  • Table 10: Rest of the World Market for Passenger Car Telematics, by Region, Through 2027
Sample Report

Recent Reports

Sensors: Technologies and Global Markets

Published - Jun 2025 | Publisher - Vijay Bang | Code - IAS006Q

The global market for sensors was valued at $195.1 billion in 2024 and is estimated to increase from $212.5 billion in 2025 to reach $323.3 billion by 2030, at a compound annual growth rate (CAGR) of 8.7% from 2025 through 2030.

Autonomous Underwater Vehicles: Global Markets to 2030

Published - Jun 2025 | Publisher - Austin Samuel | Code - IAS122B

The global market for autonomous underwater vehicles (AUVs) was valued at $2.4 billion in 2024 and is estimated to increase from $2.7 billion in 2025 to reach $5.9 billion by 2030, at a compound annual growth rate (CAGR) of 16.7% from 2025 through 2030.

2024 Robotics Technology Research Review

Published - Mar 2025 | Publisher - Various Analysts | Code - IAS204A

This 2024 Research Review of Robotics Technology Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.

2024 Instrumentation & Sensors Research Review

Published - Mar 2025 | Publisher - Various Analysts | Code - IAS035H

This 2024 Instrumentation and Sensors Research Review provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.

Global Markets for Automotive Sensor Technologies

Published - Feb 2025 | Publisher - BCC Publishing | Code - IAS018J

The global market for automotive sensor technologies was valued at $37.0 billion in 2023. This market is expected to grow from $37.8 billion in 2024 to $51.6 billion by 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 through 2029.

Top Trending Reports

Sensors: Technologies and Global Markets

Published - Jun 2025 | Publisher - BCC Publishing | Code - IAS006Q

The global market for sensors was valued at $195.1 billion in 2024 and is estimated to increase from $212.5 billion in 2025 to reach $323.3 billion by 2030, at a compound annual growth rate (CAGR) of 8.7% from 2025 through 2030.

Global Cell Line and Membrane Market

Published - Jun 2025 | Publisher - BCC Publishing | Code - BIO178B

The global market for cell lines and membranes was valued at $5.7 billion in 2024 and is estimated to increase from $6.3 billion in 2025 to reach $11.4 billion by 2030, at a compound annual growth rate (CAGR) of 12.5% from 2025 through 2030.

Global Edge AI Market

Published - Jun 2025 | Publisher - BCC Publishing | Code - IFT310A

The global market for edge AI was valued at $8.7 billion in 2024 and is estimated to increase from $11.8 billion in 2025 to reach $56.8 billion by 2030, at a compound annual growth rate (CAGR) of 36.9% from 2025 through 2030.

Global Biochip Markets: Microarrays and Lab-on-a-Chip

Published - Jun 2025 | Publisher - BCC Publishing | Code - BIO049G

The global market for biochip was valued at $16.1 billion in 2024 and is estimated to reach $27.8 billion by 2029, at a compound annual growth rate (CAGR) of 11.6% from 2024 through 2029.

Water and Wastewater Treatment Technologies: Global Markets

Published - Jun 2025 | Publisher - BCC Publishing | Code - ENV008G

The global market for water and wastewater treatment technologies is expected to grow from $350.7 billion in 2025 and is projected to reach $591.2 billion by the end of 2030, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2025 to 2030.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Passenger Car Telematics: Global Market for Services and Solutions
Customize Report
AI: Your Say