Market Share of North America Commercial Vehicle Telematics Industry
The Commercial Vehicle Telematics market in North America is medium fragmented, with many players actively developing innovative solutions to stay competitive. Key competitors are pursuing product development and strategic partnerships to extend their product portfolios and achieve a significant presence in the North American market. Some key companies in the market include Trimble Inc, Verizon Connect, Samsara, Zonar Systems Inc, and Geotab Inc. Manufacturers are collaborating and delivering innovative products, resulting in market expansion. Telematics systems and solutions are being offered by enterprises in the market for rail electronics, traffic control, and fleet management.
- The Commercial Vehicle Telematics market is driven by government regulations that encourage the use of automobile telematics. For instance, The US government signed a contract with Geotab in 2022 to implement fleet management telematics technology in 217,000 vehicles.
- January 2020 - Geotab has announced the release of its EV Battery Degradation Tool, which uses aggregated data from 6,300 EVs to compare and evaluate battery health in EVs over time. The Geotab Connect 2020 announced that the tool leverages data processed from EVs representing 64 makes, models, and years to illustrate how real-world circumstances affect battery health. Currently, the tool is focused on light-duty vehicles.
North America Commercial Vehicle Telematics Market Leaders
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Verizon connect
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Samsara
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Zonar Systems Inc
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Geotab Inc.
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Trimble Inc.
*Disclaimer: Major Players sorted in no particular order
