Market Overview:
The India commercial telematics market reached a value of US$ 1,005 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,119 Million by 2027, exhibiting a CAGR of 21.52% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Commercial telematics refers to a technological solution that helps in transmitting information to commercial automobiles. It depends on information from onboard sensors, such as braking system, vehicle speed, airbags, advanced driver assistance system (ADAS) and transmission control system. It provides insurance risk assessment, safety tracking and maintenance insights. At present, commercial telematics is gaining traction across India as it assists in monitoring the driver behavior, which enables insurance providers to determine the risk and adjust the policy accordingly.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
The burgeoning transportation sector, along with the widespread adoption of smart transportation systems, represents one of the key factors fueling the market growth in India. Moreover, with the increasing reliance on digital devices like smartphones, tablets and laptops, automobile manufacturers are focusing on integrating advanced connectivity solutions to offer accurate insights about vehicles. These connectivity solutions help in enhancing vehicle efficiency, providing on-road assistance, facilitating smart routing and tracking, and improving the driver’s overall experience. Apart from this, leading manufacturers operating in the country are focusing on technological advancements like the development of open-source frameworks for commercial telematics. They are also introducing Next-Generation Telematics Protocol (NGTP), which is a technology-neutral system designed to conveniently integrate back-end components and make technical adjustments in commercial vehicles. These innovations, coupled with factors like the implementation of favorable government policies to mandate commercial vehicle tracking and the development of video-based telematics, are driving the market in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India commercial telematics market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, system type, provider type and end use industry.
Breakup by Type:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Solution
- Fleet Tracking and Monitoring
- Driver Management
- Insurance Telematics
- Safety and Compliance
- V2X Solutions
- Others
- Services
- Professional Services
- Managed Services
Breakup by System Type:
- Embedded
- Tethered
- Smartphone Integrated
Breakup by Provider Type:
Breakup by End Use Industry:
- Transportation and Logistics
- Media and Entertainment
- Government and Utilities
- Travel and Tourism
- Construction
- Healthcare
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Type, System Type, Provider Type, End Use Industry, Region |
| Region Covered |
North India, West and Central India, South India, East India |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Commercial Telematics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6. Market Breakup by Type
6.1 Solution
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Fleet Tracking and Monitoring
6.1.2.2 Driver Management
6.1.2.3 Insurance Telematics
6.1.2.4 Safety and Compliance
6.1.2.5 V2X Solutions
6.1.2.6 Others
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Professional Services
6.2.2.2 Managed Services
6.2.3 Market Forecast
7 Market Breakup by System Type
7.1 Embedded
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Tethered
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Smartphone Integrated
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Provider Type
8.1 OEM
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aftermarket
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Transportation and Logistics
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Media and Entertainment
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Government and Utilities
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Travel and Tourism
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Construction
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Healthcare
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1 North India
10.1.1 Market Trends
10.1.2 Market Breakup by State
10.1.3 Market Forecast
10.2 West and Central India
10.2.1 Market Trends
10.2.2 Market Breakup by State
10.2.3 Market Forecast
10.3 South India
10.3.1 Market Trends
10.3.2 Market Breakup by State
10.3.3 Market Forecast
10.4 East India
10.4.1 Market Trends
10.4.2 Market Breakup by State
10.4.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Policy and Regulatory Landscape
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: India: Commercial Telematics Market: Major Drivers and Challenges
Figure 2: India: Commercial Telematics Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Commercial Telematics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Commercial Telematics Market: Breakup by Type (in %), 2021
Figure 5: India: Commercial Telematics Market: Breakup by System Type (in %), 2021
Figure 6: India: Commercial Telematics Market: Breakup by Provider Type (in %), 2021
Figure 7: India: Commercial Telematics Market: Breakup by End Use Industry (in %), 2021
Figure 8: India: Commercial Telematics Market: Breakup by Region (in %), 2021
Figure 9: India: Commercial Telematics (Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: India: Commercial Telematics (Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: India: Commercial Telematics (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: India: Commercial Telematics (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: India: Commercial Telematics (Embedded) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: India: Commercial Telematics (Embedded) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: India: Commercial Telematics (Tethered) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: India: Commercial Telematics (Tethered) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: India: Commercial Telematics (Smartphone Integrated) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: India: Commercial Telematics (Smartphone Integrated) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: India: Commercial Telematics (Telematics and Navigation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: India: Commercial Telematics (Telematics and Navigation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: India: Commercial Telematics (OEM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: India: Commercial Telematics (OEM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: India: Commercial Telematics (Aftermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: India: Commercial Telematics (Aftermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: India: Commercial Telematics (Transportation and Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: India: Commercial Telematics (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: India: Commercial Telematics (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: India: Commercial Telematics (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: India: Commercial Telematics (Government and Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: India: Commercial Telematics (Government and Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: India: Commercial Telematics (Travel and Tourism) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: India: Commercial Telematics (Travel and Tourism) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Commercial Telematics (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Commercial Telematics (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: India: Commercial Telematics (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: India: Commercial Telematics (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: India: Commercial Telematics (Other End-Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: India: Commercial Telematics (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North India: Commercial Telematics Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North India: Commercial Telematics Market: Breakup by State (in %), 2021
Figure 41: North India: Commercial Telematics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: West and Central India: Commercial Telematics Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: West and Central India: Commercial Telematics Market: Breakup by State (in %), 2021
Figure 44: West and Central India: Commercial Telematics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South India: Commercial Telematics Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South India: Commercial Telematics Market: Breakup by State (in %), 2021
Figure 47: South India: Commercial Telematics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: East India: Commercial Telematics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: East India: Commercial Telematics Market: Breakup by State (in %), 2021
Figure 50: East India: Commercial Telematics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Commercial Telematics Industry: SWOT Analysis
Figure 52: India: Commercial Telematics Industry: Value Chain Analysis
Figure 53: India: Commercial Telematics Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Commercial Telematics Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Commercial Telematics Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: India: Commercial Telematics Market Forecast: Breakup by System Type (in Million US$), 2022-2027
Table 4: India: Commercial Telematics Market Forecast: Breakup by Provider Type (in Million US$), 2022-2027
Table 5: India: Commercial Telematics Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: India: Commercial Telematics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: India: Commercial Telematics Market: Competitive Structure
Table 8: India: Commercial Telematics Market: Key Players