How big is the Video Telematics Market?

The Video Telematics Market size is expected to reach 8.26 million units in 2024 and grow at a CAGR of 17.90% to reach 18.79 million units by 2029. Read More

What is the current Video Telematics Market size?

In 2024, the Video Telematics Market size is expected to reach 8.26 million units. Read More

Which is the fastest growing region in Video Telematics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Video Telematics Market?

In 2024, the North America accounts for the largest market share in Video Telematics Market. Read More

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

In 2023, the Video Telematics Market size was estimated at 6.78 million units. The report covers the Video Telematics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Video Telematics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Video Telematics Market - Size, Companies & Industry Trends

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

The Video Telematics Market Report is Segmented by Product (Integrated Systems, Standalone Systems), Application (Buses, Heavy Trucks, Lcvs, Passenger Cars), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Volume (Installed Base) for all the Aforementioned Segments.

Video Telematics Industry Overview

The video telematics market is highly fragmented, with the presence of major players like SmartWitness (Sensata Technologies), Verizon Connect (Verizon Communications Inc.), Omnitracs (Solera Holdings Inc.), FleetCam (Pty) Ltd, and VisionTrack. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

October 2023 - Verizon Connect announced that the new Artificial Intelligence Dashcam solution is available in selected nations in EMEA and APAC. Delivering an array of advanced fleet innovations, the AI Dashcam provides more insights into dangerous events for fleet managers. It gives drivers real-time, in-cab coaching alerts during high-risk driving behaviors.
October 2023 - Lytx Inc. announced the rollout of its Weather Hazard Alerts, available to all clients as a project within the Lytx Lab tab in their accounts. This new AI-powered geospatial technology created on the Lytx Vision Platform was developed within Lytx Lab, an idea incubator and a way for Lytx engineers and safety experts to collaborate with customers to address market needs. Weather Hazard Alerts allow fleet managers to get notifications based on geospatial criteria and NOAA weather data to enable real-time decision-making for safer and more efficient driving.