Global Commercial Telematics Subscriptions to See Rapid Growth, Reaching 126 Million Global Subscribers by 2027

Rising demand for aftermarket telematics boosts market growth
31 Aug 2022

The introduction of 5G connectivity and advancements in artificial intelligence (AI) technology has opened endless growth opportunities for the commercial telematics market. According to global tech market advisory firm ABI Research, telematics subscriptions are forecasted to increase by 86% between 2022 to 2025. By 2027, global telematics subscriptions will reach 126 million.

These new technologies are transforming fleet management capabilities across vehicle types and verticals, creating new use cases. “Falling hardware costs have also helped boost commercial telematics adoption in emerging economies, helping fill gaps in these regional markets,” states Alex McQueen, Research Analyst, Supply Chain Management and Logistics at ABI Research. The increasing use of smartphones and tablets to collect data and government regulations regarding fleet management are other factors contributing to the growth of the commercial telematics market.

An expansive selection of Telematics Service Providers (TSPs) - with leaders including Geotab, Verizon Connect, and Trimble – are offering a growing number of both hardware and software solutions covering all areas of fleet management. Increased use of trailer tracking is helping to propel growth in the market. ABI Research expects subscriptions to grow at a compound annual growth rate (CAGR) of 12% across the forecast period.

“Continued global disruption related to the COVID-19 pandemic, global supply chain uncertainties, port congestions, and other events have highlighted the need for full end-to-end supply chain visibility. We will continue to see rising telematics adoption in commercial fleets over the next five years and beyond,” McQueen concludes.

These findings are from ABI Research’s Commercial Telematics market data report. This report is part of the company’s Supply Chain Management and Logistics research service, which includes research, data, and ABI Insights. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research 是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit

Contact ABI Research

Media Contacts

Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670

Related Research

Related Service