Recent developments in telematics for fleet management have seen significant interest in video telematics, predicted to reach 17 million installations by 2029 in North America and Europe. This market encompasses various camera-based solutions integrated into fleet management, supported by specialist providers and conventional telematics firms. North America's video telematics market, with an estimated 6.1 million active systems in 2024, exhibits an impressive CAGR of 18%, compared to Europe's 1.6 million units, indicating a diverse growth landscape across regions.
The integration of cameras to enable various video-based services in commercial vehicle environments is a massive trend in the fleet telematics sector.
Berg Insight estimates that the installed base of active video telematics systems in North America reached almost 6.1 million units in 2024.
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