Connected Truck Telematics Outlook, 2021
M&As and Consolidations will Take Center Stage and will Transform the Market Status Quo by Letting in Diverse Ecosystem Participants and Expanding the Showground
08-Jul-2021
Global
Market Outlook
K558-01-00-00-00
AU02177-GL-MO_25565
$4,950.00
Special Price $3,712.50 save 25 %
As the world gets accustomed to the COVID-19 pandemic, many industries and markets are adopting a degree of change in the dynamics of their functionalities. The global connected truck telematics market has also transformed itself in many ways to adapt to changing customer and business requirements. This Frost & Sullivan research service analytically captures these elements and provides a comprehensive compilation of industry outlook for 2021.
The study fuses the video telematics market and the traditional telematics market and analyzes market metrics, competitive landscape, and market share. This year’s outlook study also features a section of carefully chosen unique and emerging companies to watch out for in 2021 in technologies and markets adjacent to the telematics industry. The research service also examines the impact of the pandemic on various parameters, including services offered, fleet size, regions, and business models. Moreover, the 2021 outlook study discusses a new region - the Middle East, which comprises GCC countries such as Saudi Arabia, UAE, Kuwait, Qatar, and Oman.
In 2021, the global connected truck telematics market is forecast to reach an installed base of about 36.5 million, raking in $11.5 billion in revenue through service subscriptions alone. This indicates an installed base growth rate of about 14.4%, which is 2.0% more than the 2020 number. The rise in global growth figures is mainly due to the steep increase in video telematics revenue, which drives overall telematics revenue.
Frost & Sullivan analysis reveals that intense industry consolidation is likely to take place in 2021; a significant number of M&As are anticipated. Numerous partnerships between multiple stakeholder categories such as OEMs, Tier I companies, TSPs, venture capital firms, and private equity firms are expected. Frost & Sullivan also observes that against the backdrop of the ongoing pandemic, video telematics will take center stage and orchestrate market recovery. Based on crucial findings, Frost & Sullivan has evaluated key growth insights and opportunities. Video telematics, last-mile delivery, and convergence will be the key aspects that will nurture growth in the global connected truck telematics ecosystem in 2021.
Author: Mugundhan Deenadayalan
Key Findings—A Recap of 2020
Key Findings—Top 5 Predictions for 2021
Regional Connected Truck Telematics Market
Regional Outlook—Key Talking Points
Notable M&As in 2020–2021
Regional Analysis by Service Revenue
Emerging Competitors in Related Markets
Notable Regulations and Mandates—A Snapshot
Notable Regulations and Mandates—A Snapshot (continued)
Connected Fleet Opportunities
Key Questions this Study will Answer
What’s New in the 2021 Outlook Report?
Impact of the COVID-19 Pandemic on Global GDP Growth
Global Growth Scenario Analysis—Assumptions, Q2 2021–Q4 2022
Global GDP Growth in Differing Scenarios
Impact of the COVID-19 Pandemic on Key Regions
Research Scope
Definitions—Types of Telematics Solutions
Definitions—Types of Business Models
OEM Telematics Ecosystem
OEM Telematics Value Chain
Key OEM Telematics Participants
Key OEM Telematics Participants (continued)
Key OEM Benchmarking—North America
Key OEM Benchmarking—Europe
Tier I Telematics Ecosystem
Tier I Telematics Value Chain
Tier I Value Chain Participants
Tier I Telematics Providers
Tier I Benchmarking: Tire Manufacturers
Top CVT trends in 2021
Trend 1: M&As
Trend 2: Video Safety Boom
Trend 3: Vans and LCVs
Trend 4: Convergence
Trend 5: AI
Trend 6: Electric Fleet Management
Impact on Fleet Size
Impact on Industries
Impact on Regions
Impact on Services
Impact on Business Models
2020 Regional Analysis—North America
2021 Vendor Analysis—North America
2020 Regional Analysis—Europe
2021 Vendor Analysis—Europe
2020 Regional Analysis—India
2021 Vendor Analysis—India
2020 Regional Analysis—RSA
2021 Vendor Analysis—RSA
2020 Regional Analysis—Latin America
2021 Vendor Analysis—Latin America
2020 Regional Analysis—Russia and CIS
2021 Vendor Analysis—Russia and CIS
2020 Regional Analysis—ANZ
2021 Vendor Analysis—ANZ
2020 Regional Analysis—The Middle East
2021 Vendor Analysis—The Middle East
Installed Base by Regions
Service Revenue
Product-type Forecast
Pricing and Service Models
LCV and M/HCV Telematics Contribution to Installed Base
LCV and M/HCV Telematics Penetration
Global Connected OEM and Third-party Contribution to Installed Base
Key Emerging Companies To Watch Out For
Key Emerging Companies To Watch Out For (continued)
Key Emerging Companies To Watch Out For (continued)
Key Emerging Companies To Watch Out For (continued)
Key Emerging Companies To Watch Out For (continued)
Growth Opportunity: Video Telematics, 2021
Growth Opportunity: Video Telematics, 2021 (continued)
Growth Opportunity: Last-mile Delivery, 2021
Growth Opportunity: Last-mile Delivery, 2021 (continued)
Growth Opportunity: Convergence, 2021
Growth Opportunity: Convergence, 2021 (continued)
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Abbreviations and Acronyms Used
Learn More—Next Steps
Speak directly with our analytics experts for tailored recommendations.
Recent related Infotainment and Telematics research
04 Aug 2026 | Global | Frost Radar
Frost Radar: AI-Enhanced Advanced Driver Assistance Systems, 2026
This Frost Radar examines advanced driver assistance systems (ADAS), ADAS AI, and next-stage autonomous-driving technologies as a fast-evolving domain reshaping mobility and safety. As automakers, Tier I suppliers, chipmakers, AI software developers, and autonomous mobility companies improve percept...
04 Aug 2026 | Global | Market Outlook
Growth Opportunities in the Global Connected Truck Telematics Market, 2026
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 o...
30 Jul 2026 | Global | Market Research
Strategic Insights into AI Assistants for In-Car Personalization, Global
This study examines how automakers leverage voice AI and conversational AI to create personalized in-car experiences, focusing on OEM strategies, technology integration, and connected services.
It profiles leading premium and mass-market automotive brands, analyzing their AI assistant strateg...
30 Jul 2026 | Global | Market Research
Growth Opportunities in the Passenger Vehicle Door-Module Market, Global, 2025–2032
The global passenger vehicle door module market is undergoing a structural transformation, driven by increasing vehicle complexity, cost pressures, and the shift toward software-defined architectures. Traditionally viewed as mechanical assemblies, door modules are evolving into integrated, technolog...
29 Jul 2026 | Global | Technology Research
Next-Generation Chiplet and Advanced Packaging Architectures: Redefining Performance and Scalability in AI and HPC
This study focuses on how next-generation chiplet architectures, high-bandwidth memory (HBM), and advanced packaging technologies such as 2.5D/3D integration and fan-out wafer-level packaging are enabling the next wave of AI and high-performance computing (HPC) system architectures, rather than prov...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Outlook |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Mugundhan Deenadayalan |
| Industries | Automotive |
| WIP Number | K558-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9B01-A6,9963-A6 |