Search results for: 'security risk management'

Technology in Asia-Pacific has grown significantly in recent years, and countries in the region have been quick to adopt fast-growing technologies, such as IoT and connected cars, and embrace digitalization. However, the COVID-19 pandemic presented substantial challenges, including disruptions in the semiconductor supply chain, which affected the a...

The US trailer tire pressure monitoring system (TPMS) market is experiencing steady and structurally driven growth as fleet operators increasingly prioritize safety, regulatory compliance, and operational efficiency. TPMS solutions, which monitor tire pressure and temperature in real time, are becoming an essential component of modern trailer telem...

The global leasing industry is entering a pivotal decade as electrification, innovative financing models, and a more integrated fleet management ecosystem fundamentally reshape the future of mobility finance. By 2035, battery electric vehicles (BEVs) will dominate new fleet acquisitions in most mature markets, pushing leasing providers to redesign ...

Despite the slump and slow recovery in automotive sales following the pandemic and ongoing semiconductor shortages, the vehicle leasing and rental industry in the Americas is on a robust growth trajectory. The Americas denotes Canada, the United States, Argentina, Brazil, and Mexico. Leasing and rental companies in North America and Latin America f...

Autonomous cities represent an advanced stage of urban development that integrates AI, digital twins, IoT, edge computing, and autonomous infrastructure solutions to enable efficient city operations with minimal human intervention. Through unified urban operating platforms, cities can automate traffic management, optimize energy distribution, conne...

07 Oct 2025  |  Global  |  Market Research

Software-Defined Truck Market, North America and Europe, 2024–2040

Software-defined Trucks are Experiencing Transformational Growth due to Electrification and Connectivity

Infographics

×

Software-defined trucks are vehicles designed with hardware-software layers that decouple the capabilities of the vehicle, thus allowing for updates to vehicle features, fleet management, and cloud-based analytics, as well as over-the-air software updates from one or several domains. Rather than being composed of fixed hardware mechanisms with litt...

The convergence of connectivity, artificial intelligence (AI), video intelligence, electrification, regulatory digitization, and data-driven operational optimization is profoundly changing the global truck telematics and fleet management market. What was once a fragmented market centered primarily on GPS tracking and basic fleet visibility has evol...

The North American commercial vehicle telematics market is moving from basic vehicle tracking and compliance to broader digital fleet management, creating a more competitive but also more diverse growth environment. Traditional telematics functions, such as GPS tracking, remain important, particularly among regulated commercial fleets, but they are...

The United Kingdom and Ireland together constitute the largest and most mature commercial vehicle telematics market in Europe, and they are served by numerous international and local telematics companies. The market is fiercely competitive with participation from well-established international players and equally competitive local TSPs. About one i...