Europe Commercial Vehicle Telematics Market Size & Outlook
Europe commercial vehicle telematics market highlights
- The Europe commercial vehicle telematics market generated a revenue of USD 17.3 million in 2024.
- The market is expected to grow at a CAGR of 13.6% from 2025 to 2030.
- In terms of segment, solutions was the largest revenue generating component in 2024.
- Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 17.3 million |
| Market revenue in 2030 | USD 36.1 million |
| Growth rate | 13.6% (CAGR from 2025 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Solutions |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.1% of the global commercial vehicle telematics market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36.0 million by 2030.
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Commercial Vehicle Telematics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fleet Complete | View profile | 501-1000 | Markham, Ontario, Canada, North America | http://www.fleetcomplete.com/ |
| Pioneer Corporation | View profile | 10001+ | Kanagawa, Fukushima, Japan, Asia | https://jpn.pioneer/ja/ |
| Samsara | View profile | 1001-5000 | San Francisco, California, United States, North America | http://www.samsara.com |
| PTC Inc | View profile | 7231 | 121 Seaport Boulevard, Boston, MA, United States, 02210 | https://www.ptc.com |
| Omnitracs | View profile | 501-1000 | Dallas, Texas, United States, North America | http://www.omnitracs.com |
| Geotab | View profile | 1001-5000 | Oakville, Ontario, Canada, North America | http://www.geotab.com/ |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Trimble Inc | View profile | 12700 | 10368 Westmoor Drive, Westminister, CO, United States, 80021 | https://www.trimble.com |
Europe commercial vehicle telematics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial vehicle telematics market will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 110.4% in 2024. Horizon Databook has segmented the Europe commercial vehicle telematics market based on solutions covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Europe commercial vehicle telematics market databook
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Our clientele includes a mix of commercial vehicle telematics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe commercial vehicle telematics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe commercial vehicle telematics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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