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Commercial Connected Vehicles-Global Market Insights and Sales Trends 2025
Synopsis
Connected vehicles have become the next big thing for the automotive industry.
The global Commercial Connected Vehicles market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Connected Vehicles in various end use industries. The expanding demands from the Consumer and Enterprise, are propelling Commercial Connected Vehicles market. LCVs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Others segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Connected Vehicles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Connected Vehicles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Connected Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Connected Vehicles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Connected Vehicles covered in this report include Airbiquity, ATandT, Cisco Jasper, Ctrack, KORE Wireless, Mojio, MiX Telematics, Octo Telematics and Tech Mahindra, etc.
The global Commercial Connected Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Airbiquity
ATandT
Cisco Jasper
Ctrack
KORE Wireless
Mojio
MiX Telematics
Octo Telematics
Tech Mahindra
Verizon
Vodafone
WirelessCar
Global Commercial Connected Vehicles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Connected Vehicles market, Segment by Type:
LCVs
Others
Global Commercial Connected Vehicles market, by Application
Consumer
Enterprise
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Connected Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Connected Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Connected vehicles have become the next big thing for the automotive industry.
The global Commercial Connected Vehicles market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Connected Vehicles in various end use industries. The expanding demands from the Consumer and Enterprise, are propelling Commercial Connected Vehicles market. LCVs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Others segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Connected Vehicles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Connected Vehicles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Connected Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Connected Vehicles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Connected Vehicles covered in this report include Airbiquity, ATandT, Cisco Jasper, Ctrack, KORE Wireless, Mojio, MiX Telematics, Octo Telematics and Tech Mahindra, etc.
The global Commercial Connected Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Airbiquity
ATandT
Cisco Jasper
Ctrack
KORE Wireless
Mojio
MiX Telematics
Octo Telematics
Tech Mahindra
Verizon
Vodafone
WirelessCar
Global Commercial Connected Vehicles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Connected Vehicles market, Segment by Type:
LCVs
Others
Global Commercial Connected Vehicles market, by Application
Consumer
Enterprise
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Connected Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Connected Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Commercial Connected Vehicles Market Overview
1.1 Commercial Connected Vehicles Product Overview
1.2 Commercial Connected Vehicles Market Segment by Type
1.2.1 LCVs
1.2.2 Others
1.3 Global Commercial Connected Vehicles Market Size by Type
1.3.1 Global Commercial Connected Vehicles Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Connected Vehicles Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Connected Vehicles Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Connected Vehicles Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Connected Vehicles Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Connected Vehicles Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Connected Vehicles Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Connected Vehicles Sales Breakdown by Type (2018-2023)
2 Global Commercial Connected Vehicles Market Competition by Company
2.1 Global Top Players by Commercial Connected Vehicles Sales (2018-2023)
2.2 Global Top Players by Commercial Connected Vehicles Revenue (2018-2023)
2.3 Global Top Players by Commercial Connected Vehicles Price (2018-2023)
2.4 Global Top Manufacturers Commercial Connected Vehicles Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Connected Vehicles Market Competitive Situation and Trends
2.5.1 Commercial Connected Vehicles Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Connected Vehicles Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial Connected Vehicles as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Connected Vehicles Market
2.8 Key Manufacturers Commercial Connected Vehicles Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Connected Vehicles Status and Outlook by Region
3.1 Global Commercial Connected Vehicles Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Connected Vehicles Historic Market Size by Region
3.2.1 Global Commercial Connected Vehicles Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Connected Vehicles Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Connected Vehicles Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Connected Vehicles Forecasted Market Size by Region
3.3.1 Global Commercial Connected Vehicles Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Connected Vehicles Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Connected Vehicles Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Connected Vehicles by Application
4.1 Commercial Connected Vehicles Market Segment by Application
4.1.1 Consumer
4.1.2 Enterprise
4.2 Global Commercial Connected Vehicles Market Size by Application
4.2.1 Global Commercial Connected Vehicles Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Connected Vehicles Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Connected Vehicles Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Connected Vehicles Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Connected Vehicles Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Connected Vehicles Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Connected Vehicles Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Connected Vehicles Sales Breakdown by Application (2018-2023)
5 North America Commercial Connected Vehicles by Country
5.1 North America Commercial Connected Vehicles Historic Market Size by Country
5.1.1 North America Commercial Connected Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Connected Vehicles Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Connected Vehicles Sales in Value by Country (2018-2023)
5.2 North America Commercial Connected Vehicles Forecasted Market Size by Country
5.2.1 North America Commercial Connected Vehicles Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Connected Vehicles Sales in Value by Country (2024-2029)
6 Europe Commercial Connected Vehicles by Country
6.1 Europe Commercial Connected Vehicles Historic Market Size by Country
6.1.1 Europe Commercial Connected Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Connected Vehicles Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Connected Vehicles Sales in Value by Country (2018-2023)
6.2 Europe Commercial Connected Vehicles Forecasted Market Size by Country
6.2.1 Europe Commercial Connected Vehicles Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Connected Vehicles Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Connected Vehicles by Region
7.1 Asia-Pacific Commercial Connected Vehicles Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Connected Vehicles Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Connected Vehicles Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Connected Vehicles Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Connected Vehicles Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Connected Vehicles Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Connected Vehicles Sales in Value by Region (2024-2029)
8 Latin America Commercial Connected Vehicles by Country
8.1 Latin America Commercial Connected Vehicles Historic Market Size by Country
8.1.1 Latin America Commercial Connected Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Connected Vehicles Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Connected Vehicles Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Connected Vehicles Forecasted Market Size by Country
8.2.1 Latin America Commercial Connected Vehicles Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Connected Vehicles Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Connected Vehicles by Country
9.1 Middle East and Africa Commercial Connected Vehicles Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Connected Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Connected Vehicles Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Connected Vehicles Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Connected Vehicles Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Connected Vehicles Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Connected Vehicles Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Airbiquity
10.1.1 Airbiquity Company Information
10.1.2 Airbiquity Introduction and Business Overview
10.1.3 Airbiquity Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Airbiquity Commercial Connected Vehicles Products Offered
10.1.5 Airbiquity Recent Development
10.2 ATandT
10.2.1 ATandT Company Information
10.2.2 ATandT Introduction and Business Overview
10.2.3 ATandT Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ATandT Commercial Connected Vehicles Products Offered
10.2.5 ATandT Recent Development
10.3 Cisco Jasper
10.3.1 Cisco Jasper Company Information
10.3.2 Cisco Jasper Introduction and Business Overview
10.3.3 Cisco Jasper Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Cisco Jasper Commercial Connected Vehicles Products Offered
10.3.5 Cisco Jasper Recent Development
10.4 Ctrack
10.4.1 Ctrack Company Information
10.4.2 Ctrack Introduction and Business Overview
10.4.3 Ctrack Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ctrack Commercial Connected Vehicles Products Offered
10.4.5 Ctrack Recent Development
10.5 KORE Wireless
10.5.1 KORE Wireless Company Information
10.5.2 KORE Wireless Introduction and Business Overview
10.5.3 KORE Wireless Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.5.4 KORE Wireless Commercial Connected Vehicles Products Offered
10.5.5 KORE Wireless Recent Development
10.6 Mojio
10.6.1 Mojio Company Information
10.6.2 Mojio Introduction and Business Overview
10.6.3 Mojio Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mojio Commercial Connected Vehicles Products Offered
10.6.5 Mojio Recent Development
10.7 MiX Telematics
10.7.1 MiX Telematics Company Information
10.7.2 MiX Telematics Introduction and Business Overview
10.7.3 MiX Telematics Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.7.4 MiX Telematics Commercial Connected Vehicles Products Offered
10.7.5 MiX Telematics Recent Development
10.8 Octo Telematics
10.8.1 Octo Telematics Company Information
10.8.2 Octo Telematics Introduction and Business Overview
10.8.3 Octo Telematics Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Octo Telematics Commercial Connected Vehicles Products Offered
10.8.5 Octo Telematics Recent Development
10.9 Tech Mahindra
10.9.1 Tech Mahindra Company Information
10.9.2 Tech Mahindra Introduction and Business Overview
10.9.3 Tech Mahindra Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Tech Mahindra Commercial Connected Vehicles Products Offered
10.9.5 Tech Mahindra Recent Development
10.10 Verizon
10.10.1 Verizon Company Information
10.10.2 Verizon Introduction and Business Overview
10.10.3 Verizon Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Verizon Commercial Connected Vehicles Products Offered
10.10.5 Verizon Recent Development
10.11 Vodafone
10.11.1 Vodafone Company Information
10.11.2 Vodafone Introduction and Business Overview
10.11.3 Vodafone Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Vodafone Commercial Connected Vehicles Products Offered
10.11.5 Vodafone Recent Development
10.12 WirelessCar
10.12.1 WirelessCar Company Information
10.12.2 WirelessCar Introduction and Business Overview
10.12.3 WirelessCar Commercial Connected Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.12.4 WirelessCar Commercial Connected Vehicles Products Offered
10.12.5 WirelessCar Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Connected Vehicles Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial Connected Vehicles Industrial Chain Analysis
11.4 Commercial Connected Vehicles Market Dynamics
11.4.1 Commercial Connected Vehicles Industry Trends
11.4.2 Commercial Connected Vehicles Market Drivers
11.4.3 Commercial Connected Vehicles Market Challenges
11.4.4 Commercial Connected Vehicles Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Connected Vehicles Distributors
12.3 Commercial Connected Vehicles Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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