The latest report by IMARC Group, titled “India Commercial Telematics Market Report by Type (Solution, Services), System Type (Embedded, Tethered, Smartphone Integrated), Provider Type (OEM, Aftermarket), End Use Industry (Transportation and Logistics, Media and Entertainment, Government and Utilities, Travel and Tourism, Construction, Healthcare, and Others), and Region 2025-2033,” finds that the India commercial telematics market size reached USD 1,700.9 Million in 2024. Commercial telematics is a technological solution that helps transmit long-distance information to commercial automobiles. It relies on global positioning systems (GPS) and onboard diagnostic systems to record the speed and behavior of vehicles. It also allows the interchange of information between the central authority and the commercial vehicle and alerts the fleet manager in case of any emergency or unauthorized movement. In recent years, commercial telematics has gained traction in India as it monitors the driver behavior, enabling insurance providers to determine the risk and adjust the policy accordingly.
India Commercial Telematics Market Trends:
The market is primarily driven by the expanding transportation sector and the widespread adoption of smart transportation systems. In addition, various technological advancements, such as the introduction of open-source frameworks and Next-Generation Telematics Protocol (NGTP), a technology-neutral system designed to make technical adjustments in commercial vehicles, represents another major growth-inducing factor. Besides this, several key players are integrating advanced connectivity solutions with the vehicles that offer accurate insights, enhance vehicle efficiency, provide on-road assistance, and improve the driver’s overall experience. This, coupled with the implementation of favorable government policies to mandate commercial vehicle tracking, is creating a favorable market outlook across the country. Moreover, extensive research and development (R&D) activities and the emergence of video-based telematics are also propelling the market growth. Looking forward, IMARC Group expects the market value to reach USD 6,907.2 Million by 2033, exhibiting a CAGR of 16.01% during the forecast period (2025-2033).
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Type, System Type, Provider Type, End Use Industry, Region |
Region Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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