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Video Telematics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Video Telematics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Video Telematics Market: Component (Hardware, Software, Services), Solution (Smartphone, Portable, Embedded), Application (Passenger Cars, Commercial vehicle) and Geography

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Report

Description

Video Telematics Market size was valued at USD 816.2 million in 2021 and is expected to grow at a significant CAGR of 22.8% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented Component, Solution, and Application. By component, the market has been segmented into Hardware, Software, and Services. The Hardware segment is likely to be the largest and fastest-growing segment in terms of type. Based on solution video telematics market is segmented into Smartphone, Portable, Embedded.  Among these, the Smartphone segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on the application, the market is segmented into Passenger Cars, Commercial Vehicles. The Passenger Cars segment accounts for the largest share in 2021. The commercial vehicle is the second-largest share during the forecast period 2021-2028. according to Precision Business Insights.

Key Development:

In October 2021, Sensata Technologies acquired SmartWitness Holdings, Inc., a privately-held innovator of video telematics technology for commercial fleets

Video Telematics Market

MARKET SUMMARY
-
22.8%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 22.8%
  • Largest Market–  Asia Pacific
  • Fastest Growing Market– North America
Video Telematics Market

  • The video telematics market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The video telematics market report gives historical, current, and future market sizes (US$ Mn) based on component, application, solution geography.
Key Players
  • SureCam
  • VisionTrack
  • Nauto, Inc.
  • FleetCam
  • Bendix Corporation
Video Telematics Market Drivers

Technological advancements in artificial intelligence and video analytics coupled with an increase in sales of passenger and commercial vehicles across the developed and developing economies across the globe are anticipated to boost the market in the future.

North-America Got Significant Share

Video Telematics Market

By region, the North America market is expected to witness the highest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The video telematics market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The video telematics market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The video telematics market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The video telematics market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The video telematics market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Video Telematics Market Segmentation

segmentation-block-image

By Component

    • Hardware,
    • Software,
    • Services
segmentation-block-image

solution

    • Smartphone,
    • Portable,
    • Embedded
segmentation-block-image

By Application

    • Passenger Cars,
    • Commercial vehicle
Location

GEOGRAPHY

Frequently Asked Questions

The video telematics market is projected to expand at a CAGR of 22.8% during the forecast period.

The major players in the global video telematics market are Sensata Technologies, MiX Telematics, Lytx, Netradyne, Lightmetrics Technologies Private Limited, SureCam, SmartDrive Systems, Inc., VisionTrack, Nauto, Inc., FleetCam, and Bendix Corporation

North America is the fastest-growing region for video telematics market

Report

Table Of Content

1. Executive Summary
2. Global Video Telematics Market Introduction
2.1. Global Video Telematics Market – Taxonomy
2.2. Global Video Telematics Market –Definitions
2.2.1. Component
2.2.2. Solution
2.2.3. Application
3. Global Video Telematics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Video Telematics Market Dynamic Factors – Impact Analysis
3.6. Global Video Telematics Market – Competition Landscape
4. Global Video Telematics Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Video Telematics Market, By Component, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Hardware
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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. Global Video Telematics Market Forecast, By Solution, 2017-2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Smartphone
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Portable
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Embedded
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Video Telematics Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Passenger Cars
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Commercial vehicle
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Video Telematics Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Europe
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Asia-Pacific
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Latin America
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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. Middle East and Africa
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Video Telematics Market – Opportunity Analysis Index, By Component, Solution, Application, and Region, 2022-2028
9. North America Video Telematics Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. By Component Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Hardware
9.1.2. Software
9.1.3. Services
9.2. Solution Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Smartphone
9.2.2. Portable
9.2.3. Embedded
9.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Passenger Cars
9.3.2. Commercial vehicle
9.4. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Video Telematics Market – Opportunity Analysis Index, By Component, Solution, Application, and Country, 2022-2028
9.6. North America Video Telematics Market Dynamics – Trends
10. Europe Video Telematics Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. By Component Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Hardware
10.1.2. Software
10.1.3. Services
10.2. Solution Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Smartphone
10.2.2. Portable
10.2.3. Embedded
10.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Passenger Cars
10.3.2. Commercial vehicle
10.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Video Telematics Market – Opportunity Analysis Index, By Component, Solution, Application, and Country, 2022-2028
10.6. Europe Video Telematics Market Dynamics – Trends
11. Asia-Pacific Video Telematics Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. By Component Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Hardware
11.1.2. Software
11.1.3. Services
11.2. Solution Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Smartphone
11.2.2. Portable
11.2.3. Embedded
11.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Passenger Cars
11.3.2. Commercial vehicle
11.4. Country Analysis2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Video Telematics Market – Opportunity Analysis Index, By Component, Solution, Application, and Country, 2022-2028
11.6. Asia-Pacific Video Telematics Market Dynamics – Trends
12. Latin America Video Telematics Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. By Component Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Hardware
12.1.2. Software
12.1.3. Services
12.2. Solution Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Smartphone
12.2.2. Portable
12.2.3. Embedded
12.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Passenger Cars
12.3.2. Commercial vehicle
12.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Video Telematics Market – Opportunity Analysis Index, By Component, Solution, Application, and Country, 2022-2028
12.6. Latin America Video Telematics Market Dynamics – Trends
13. Middle East and Africa Video Telematics Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. By Component Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Hardware
13.1.2. Software
13.1.3. Services
13.2. Solution Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Smartphone
13.2.2. Portable
13.2.3. Embedded
13.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Passenger Cars
13.3.2. Commercial vehicle
13.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Video Telematics Market – Opportunity Analysis Index, By Component, Solution, Application, and Country, 2022-2028
13.6. MEA Video Telematics Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Solution& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Sensata Technologies
14.2.2. MiX Telematics
14.2.3. Lytx
14.2.4. Netradyne
14.2.5. Lightmetrics Technologies Private Limited
14.2.6. SureCam
14.2.7. SmartDrive Systems, Inc.
14.2.8. VisionTrack
14.2.9. Nauto, Inc.
14.2.10. FleetCam
14.2.11. Bendix Corporation
15. Research Methodology
16. Key Assumptions and Acronyms
Report

Company Profile

  • Sensata Technologies
  • MiX Telematics
  • Lytx
  • Netradyne
  • Lightmetrics Technologies Private Limited
  • SureCam
  • SmartDrive Systems, Inc.
  • VisionTrack
  • Nauto, Inc.
  • FleetCam
  • Bendix Corporation

Description

Video Telematics Market size was valued at USD 816.2 million in 2021 and is expected to grow at a significant CAGR of 22.8% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented Component, Solution, and Application. By component, the market has been segmented into Hardware, Software, and Services. The Hardware segment is likely to be the largest and fastest-growing segment in terms of type. Based on solution video telematics market is segmented into Smartphone, Portable, Embedded.  Among these, the Smartphone segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on the application, the market is segmented into Passenger Cars, Commercial Vehicles. The Passenger Cars segment accounts for the largest share in 2021. The commercial vehicle is the second-largest share during the forecast period 2021-2028. according to Precision Business Insights.

Key Development:

In October 2021, Sensata Technologies acquired SmartWitness Holdings, Inc., a privately-held innovator of video telematics technology for commercial fleets

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