How big is the Asia-Pacific Telematics Market?

The Asia-Pacific Telematics Market size is expected to reach USD 26.22 billion in 2024 and grow at a CAGR of greater than 15.37% to reach USD 53.59 billion by 2029. Read More

What is the current Asia-Pacific Telematics Market size?

In 2024, the Asia-Pacific Telematics Market size is expected to reach USD 26.22 billion. Read More

What years does this Asia-Pacific Telematics Market cover, and what was the market size in 2023?

In 2023, the Asia-Pacific Telematics Market size was estimated at USD 22.19 billion. The report covers the Asia-Pacific Telematics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Telematics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

APAC Telematics Market - Companies, Share, Growth & Manufacturers

APAC Telematics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market Report Covers Asia-Pacific Automotive Telematics Companies and is Segmented by Type of Vehicle(Commercial (Truck) - LCV Vs. . M/HCV and Passenger (Car)), Channel (OEM, Newsprint, and Aftermarket), and Segmented by Type of Vehicle (Commercial (Truck) LCV Vs. M/HCV, Passenger (Car), by Channel (OEM, Newsprint, Aftermarket), by Country (China, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

APAC Telematics Industry Overview

The Asia Pacific Telematics market is highly fragmented, with the presence of major players like LG Corporation, MiX Telematics Ltd, Concox Information Technology Co. Ltd, Trimble Inc., and Arya Omnitalk Wireless Solutions Private Limited. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

December 2022 - OCTO Telematics announced an opening in Tokyo, Japan, to strengthen its presence in a strategic hub for technology, robotics, and automation. The Japanese subsidiary of OCTO will further help the development of the connected mobility market throughout Japan and surrounding countries, providing technical and sales support to partners.
October 2022 - Asia Mobiliti collaborated with Truck It to provide comprehensive telematics and geo-mapping technologies that would offer advertisement buyers the capability to target their customers, offer them real-time tracking information of all trucks, routes, and display the type of truck that suits their choice.