Electric Vehicle Telematics Market Report 2025 (Global Edition)

Global Electric Vehicle Telematics Market Report 2025 Market Size Split by Type (Public Utilities, Grid, Other), by Application (Safety & Security, Entertainment, Information & Navigation, Diagnostics...

Electric Vehicle Telematics Market Report Description

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The electric vehicle (EV) telematics market is characterized by a competitive landscape featuring several key players that are shaping the industry’s growth through their innovative solutions and strategic initiatives. Prominent companies in this market include Verizon, Continental AG, Robert Bosch GmbH, Geotab Inc., Azuga, Ltd., Trimble Inc., ChargePoint, Inc., and Intellicar Telematics. These companies are considered leaders in the EV telematics space due to their significant revenue generation, diverse product portfolios, and extensive regional presence. They are leveraging their expertise to provide comprehensive telematics solutions that enhance vehicle performance, connectivity, and safety, all while aligning with the growing demand for electric mobility.
To strengthen their market position, these industry players are adopting a range of strategic approaches, including acquisitions, collaborations, and geographical expansion. For instance, Verizon has made significant strides in expanding its telematics solutions by acquiring companies with specialized telematics capabilities, thus broadening its product offerings and enhancing its technological capabilities. Continental AG and Robert Bosch GmbH are focusing on collaborations with automotive manufacturers to integrate advanced telematics systems directly into EVs, ensuring seamless connectivity and enhanced user experiences. Additionally, companies like ChargePoint and Trimble Inc. are expanding their geographical footprints to tap into emerging markets, particularly in regions like Asia Pacific and Europe, where the adoption of electric vehicles is growing rapidly. Through these strategies, the leading players in the EV telematics market are positioning themselves to capitalize on the rising demand for connected electric vehicles and contribute to the future of sustainable transportation.
 

Top Companies Market Share in Electric Vehicle Telematics Industry: (In no particular order of Rank)

• Agero
• Airbiquity
• Bosch
• Continental
• Trimble
• TomTom International
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Which Region Dominates the Market in 2025 and Which Region is Expanding at the Fastest CAGR?

In 2024, Asia Pacific is expected to dominate the electric vehicle telematics market, driven by a surge in connected vehicles and the growing adoption of electric mobility solutions. The region is witnessing a rapid transformation in vehicle technologies, with more cars being equipped with advanced telematics systems that offer real-time data on vehicle health, battery performance, and driving patterns. Governments in Asia are actively encouraging this shift by implementing regulations mandating the installation of telematics in commercial vehicles. For instance, China has made strides in integrating telematics in both passenger and commercial EVs, contributing to their market dominance. The Asian market is also dealing with increasing road accidents and fatalities, prompting governments to focus on road safety through telematics solutions that provide real-time hazard alerts. Additionally, the escalating demand for electric vehicles in markets like China, Japan, and South Korea is boosting the telematics sector, as more consumers and fleet operators seek smarter, safer, and more efficient transportation options.
Furthermore, Europe is expanding at the fastest compound annual growth rate (CAGR) in the electric vehicle telematics market. This growth is fueled by stringent regulations aimed at reducing vehicle emissions and improving road safety standards. European countries are introducing policies that incentivize the adoption of EVs and related technologies. For instance, the European Union’s "Green Deal" (https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en) and carbon-neutrality goals are motivating consumers and businesses to adopt electric vehicles, further driving the need for telematics systems to optimize energy use and enhance safety features. The focus on advanced driver assistance systems (ADAS) and telematics in commercial fleets is also pushing the demand for these technologies in Europe. Germany, with major automakers like BMW and Volkswagen, is leading the charge in integrating telematics with electric vehicles, offering solutions that provide real-time diagnostics and predictive maintenance to improve safety and efficiency. As European governments enforce stricter safety regulations and emissions standards, the region’s electric vehicle telematics market is set to expand rapidly. The combination of regulatory support and technological advancement makes Europe a key region for market growth.

 

The current report Scope analyzes Electric Vehicle Telematics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Electric Vehicle Telematics Market Analysis

Type Segment Analysis of Electric Vehicle Telematics Market

In order to shape the structure and growth potential of the business, the Electric Vehicle Telematics market is usually categorized by Type. Businesses can prioritize expenditures, spur innovation, and modify products to satisfy changing customer needs by identifying high-performing product categories through market analysis by Type. Businesses can remain ahead of market changes by strategically concentrating on the most profitable prospects by analyzing the demand trends and performance indicators of each segment. Businesses can use this knowledge to guide long-term strategy planning and resource allocation by identifying which market segments are likely to see slower or stagnant growth and which are positioned for rapid increase.

Type of Electric Vehicle Telematics analyzed in this report are as follows:

• Public Utilities
• Grid
• Other

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The application segment of the EV telematics market includes categories such as safety and security, entertainment, information and navigation, diagnostics, and others. Among these, information and navigation is expected to dominate, capturing a significant market share of XX% by 2032. These telematics systems provide essential real-time data, such as traffic updates, weather conditions, and route optimization, helping drivers navigate efficiently and safely. By offering features like avoiding traffic congestion, predicting road hazards, and providing personalized routes, navigation systems enhance the driving experience. As technology evolves, these systems are expected to become even more intuitive and integrated with other smart devices, further improving their appeal to consumers and their adoption in the market.
 

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Electric Vehicle Telematics By Vehicle Type Segment Analysis

In the electric vehicle (EV) telematics market, the vehicle type segment is divided into two-wheelers, passenger vehicles, and commercial vehicles. Among these, the passenger vehicles segment is anticipated to experience the most substantial growth during the forecast period. This growth is largely driven by increasing consumer awareness of environmental concerns, particularly the impact of greenhouse gas emissions. EVs, which produce lower or zero emissions compared to traditional internal combustion engine (ICE) vehicles, offer an eco-friendly alternative. Governments worldwide are actively promoting EV adoption through various incentives such as tax credits, subsidies, and rebates, which are making electric cars more accessible and appealing to a broader consumer base, thus accelerating their market share.

• Passenger Vehicles
• Commercial Vehicles
• Two Wheelers

Electric Vehicle Telematics By Technology Segment Analysis

The technology segment is classified into embedded and retrofit telematics systems. The embedded telematics segment led the market in 2023, driven by its ability to provide real-time insights into critical vehicle data, such as battery health, energy consumption, and charging status. These systems are integrated directly into the vehicle at the manufacturing stage, enabling features like remote control, location tracking, and personalized driving recommendations. Embedded systems also support sustainability by offering data that helps drivers optimize energy use and reduce carbon emissions. On the other hand, retrofit telematics offers a cost-effective solution for vehicle owners with older models who wish to upgrade their cars with modern telematics features without the need to purchase new vehicles. This retrofit technology connects to smartphones and other devices, enhancing vehicle functionality and providing a range of useful services.

• Embedded
• Retrofitted

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Sumedha Gosavi

Research Associate at Cognitive Market Research

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