- Hardware
- Softwar
- Services
Benelux Vehicle Telematics Market size was valued at USD 7.2 billion in 2023 and is poised to grow at a CAGR of 16.2% during 2024-2030. The market provides a detailed overview of the market, and that can be segmented by Component, Sales Type, Technology, Vehicle Type, and Application. By component, the Benelux vehicle telematics market has been segmented into Hardware, Software, and Services. The hardware vehicle telematics segment is likely to be the largest and fastest-growing segment in terms of type. Based on sales type, the Benelux vehicle telematics market is segmented into OEM and Aftermarket. Among these, the OEM segment is expected to have the fastest-growing market during the forecast period.
Based on technology, the Benelux vehicle telematics market is segmented into Embedded, Integrated Smartphones, and Tethered. The embedded segment accounts for the largest share in 2021. The integrated smartphone segment is the second-largest share during the forecast period. Based on the vehicle type, the segment has been segregated into Passenger cars, LCVs, Trucks, buses, and Others. The passenger car segment is expected to dominate other segments in the Benelux vehicle telematics market. Based on application, the Benelux vehicle telematics market is segmented into Fleet/Asset Management, Navigation & Location-based Systems, Infotainment Systems, Insurance Telematic, Safety & Security, V2X, Driver Behaviour, Billing Services, and Others. The Safety & Security segment accounts for the largest share in 2021.
Benelux Vehicle Telematics Market Key Development:
In May 2022, The automotive retail solutions provider Carlow which services more than 400 car dealers and important automotive OEMs in Belgium, the Netherlands, and Luxembourg, went into advanced negotiations for the acquisition. Both Motor and Carlow have entered into binding, exclusive agreements and are moving diligently to finalize them.
Benelux Vehicle Telematics Market Dynamics
By increasing efficiency and monitoring idle time, telematics can assist drivers in reducing fuel consumption. Additionally, the use of telematics technologies can improve vehicle security and maintenance standards, enabling drivers to maintain a secure operating environment. In addition, it is anticipated that rising consumer demand for sophisticated safety features in cars will boost product demand. These factors could the drive the Benelux vehicle telematics market.
Benelux Vehicle Telematics Market Segmentation
By Component
By Sales Type
- OEM,
- Aftermarket
By Technology
- Embedded,
- Integrated Smartphones,
- Tethered
By Vehicle Type
- Passenger Car
- LCV
- Truck
- Bus
- Others
Frequently Asked Questions
The Benelux vehicle telematics market size was valued at USD 7.2 billion in 2023
Improved Operational Efficiency for Fleet Management Companies to drive market growth.
The Benelux vehicle telematics Market Key Players are Frotcom International, Teltonika, Wipro Limited, Qualcomm Technologies, Inc., Robert Bosch
Key Features of the Report
- The benelux vehicle telematics market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
| 1. Executive Summary |
| 2. Benelux Vehicle Telematics Market Introduction |
| 2.1. Benelux Vehicle Telematics Market Taxonomy |
| 2.2. Benelux Vehicle Telematics Market Definitions |
| 2.2.1. Component |
| 2.2.2. Sales Type |
| 2.2.3. Technology |
| 2.2.4. Vehicle Type |
| 2.2.5. Application |
| 2.2.6. By Region |
| 3. Benelux Vehicle Telematics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Benelux Vehicle Telematics Market Dynamic Factors - Impact Analysis |
| 3.6. Benelux Vehicle Telematics Market Competition Landscape |
| 4. Benelux Vehicle Telematics Market Analysis, 2019-2023 and Forecast, 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Benelux Vehicle Telematics Market, Component, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1. Hardware |
| 5.1.1. Market Analysis, 2016 - 2020 and Forecast, 2021 - 2027 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Software |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Services |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Benelux Vehicle Telematics Market, Sales Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1. OEM |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Aftermarket |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Benelux Vehicle Telematics Market, Technology, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1. Embedded |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Integrated Smartphones |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Tethered |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Benelux Vehicle Telematics Market, Vehicle Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.1. Passenger Car |
| 8.1.1. Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. LCV |
| 8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Truck |
| 8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Bus |
| 8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Others |
| 8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. Benelux Vehicle Telematics Market, By Application, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.1. Fleet/Asset Management |
| 9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Navigation & Location-based System |
| 9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Infotainment System |
| 9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Insurance Telematic |
| 9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Safety & Security |
| 9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. V2X |
| 9.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.6.3. Market Opportunity Analysis |
| 9.7. Driver Behaviour |
| 9.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.7.3. Market Opportunity Analysis |
| 9.8. Billing Services |
| 9.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.8.3. Market Opportunity Analysis |
| 9.9. Others |
| 9.9.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.9.3. Market Opportunity Analysis |
| 10. Competition Landscape |
| 10.1. Strategic Dashboard of Top Market Players |
| 10.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 10.2.1. Frotcom International |
| 10.2.2. Teltonika |
| 10.2.3. Wipro Limited |
| 10.2.4. Qualcomm Technologies, Inc. |
| 10.2.5. Robert Bosch |
| 10.2.6. Harman International |
| 10.2.7. Verizon |
| 10.2.8. LG Electronics |
| 10.2.9. Trimble, Inc. |
| 10.2.10. TomTom telematics BV |
| 11. Research Methodology |
| 12. Key Assumptions and Acronyms |
- Frotcom International
- Teltonika
- Wipro Limited
- Qualcomm Technologies, Inc.
- Robert Bosch
- Harman International
- Verizon
- LG Electronics
- Trimble, Inc.
- TomTom telematics BV