Automotive Telematics Market Size, Share, Growth Analysis, By Form (Embedded, Integrated), By Connectivity (Satellite, Cellular), By Offerings, By Vehicle Type, By Services, By Fleet Management Services, By Region - Industry Forecast 2025-2032

Automotive Telematics Market size was valued at USD 67.77 Billion in 2023 and is poised to grow from USD 79.02 Billion in 2024 to USD 231.56 Billion by 2032, growing at a CAGR of 16.6% during the forecast period (2025-2032).

The integration of automotive telematics systems is increasing due to the increased need for high-performance, fuel-efficient, and technologically advanced automobiles. In addition, leading companies in the automotive industry such as Ford Motor Company are striving to do several things including extending the scope of the telematics services that they already offer. They are developing a telematics system that works with most car makes and models, which in turn is propelling the development of the market. As the government tries to promote the use of alternative energy cars in the post-pandemic era, electric vehicle sales are on an increase, along with an increase in demand from the market for tracking devices such automobile telematics systems. In addition, the US government is initiating several initiatives under the banner of increasing road safety. The developments in this respect may appear somewhat significant for vehicle telematics system providers that offer solutions in the market. To upgrade the current vehicle fleet capabilities with linked vehicle technology, for instance, the U.S. Geotab Inc. is a major player on the Internet of Things (IoT) and connected transport industry and has been awarded a contract from the federal government in January 2022. Besides this, with the requirement for ELD integration in commercial vehicles in the US and the linking of ELD with the telematics system, automotive telematics market would soar.