Connected Trucks Market Analysis: Opportunities and Challenges 2034
Global Connected Trucks Market Size- By Propulsion Type, By Application, By Connectivity Level, By Vehicle Weight- Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: AMIN2530 | Pages: 1 - 250 | Formats*: |
| Category : Automotive & Transportation | |||
According to SPER Market Research, the Global Connected Trucks Market is estimated to reach USD 129.15 billion by 2034 with a CAGR of 16.4%.
The global connected truck market was valued at USD XX billion in 2024. The market is expected to grow from USD XX billion in 2024 to USD 129.15 billion by 2034, at a CAGR of 16.4% over the forecast period. A linked truck is outfitted with a variety of sensors and cutting-edge technology, including a fleet management system (FMS) and an advanced driver assist system (ADAS), which display vehicle enhancements, driver-support systems, fuel management, and other data on the screen. Connectivity improves fleet management and reduces vehicle downtime. One of the primary drivers of demand is the global inclination for efficient transportation services. Connected truck technology and electrification are two major factors revolutionizing the trucking sector.
In February 2024: Geotab, the global pioneer in linked transportation, and Daimler Truck North America (DTNA) have collaborated to simplify fleet administration. This integration simplifies mixed-fleet management by combining data from many OEMs and Geotab's GO devices into a single unified platform.
In February 2024: Tata Motors' Ultra range of connected smart trucks was released in South Africa by its distributor, Tata Africa Holdings Limited. The Ultra T.9 and T.14 versions are suitable for a variety of industries, including bakery, FMCG, construction, and agricultural. These trucks have high-performance diesel engines, parabolic suspension, and Tata Motors' Fleet Edge linked vehicle technology, which improves fleet administration.
By Propulsion Type:
The Propulsion Type section of the Global Connected Truck Market is expected to expand significantly in the future years, driven by growing concerns about environmental sustainability and the need for increased fuel economy. Among the various propulsion types, diesel is likely to remain the dominating sector, accounting for the vast majority of market share. However, the demand for alternative fuel vehicles, such as hybrids and electric trucks, is expected to expand rapidly. Diesel-powered trucks have long been the preferred choice for long-distance transportation due to their dependability and cost-effectiveness.
By Application:
The Global Connected Truck Market is divided into several applications, including as long-haul transportation, regional trucking, construction, mining, and waste management. Long-haul trucking is expected to dominate the market, owing to rising need for efficient and cost-effective transportation solutions for long-distance haulage.
By Connectivity:
The Global Connected Truck Market is segmented by connection Level, which includes Basic, Advanced, and Autonomous connection. In 2024, the Basic connectivity category dominated the Global Connected Truck Market, accounting for more than XX% of total revenue. This is owing to the increasing use of basic connection solutions like telematics and fleet management systems, which provide critical data and insights to fleet operators. Advanced connectivity, which includes cellular connection and cloud-based platforms, is likely to expand dramatically in the future years, driven by rising demand for real-time data and analytics. Autonomous connection, which allows trucks to interact with one another and with roadside infrastructure, is still in its early phases of development, but it has the potential to transform the trucking business.
By Vehicle Weight:
The Vehicle Weight Class category is key in the Global Connected Truck Market. In 2024, Class 8 trucks had the biggest market share of approximately XX%. This dominance is due to the growing demand for heavy-duty vehicles for long-distance transportation and construction projects. Class 7 trucks are also becoming increasingly popular because to their adaptability in a variety of industries, including distribution and trash management. Demand for Class 3-6 trucks is likely to increase in the future years as firms look to streamline fleet operations and reduce emissions. Overall, the Vehicle Weight Class market provides numerous growth opportunities for connected truck solution providers, with each class having distinct requirements and chances for innovation.
By Regional:
North America's market was valued at USD XX billion in 2024. The area is positioned to take the top spot in the worldwide smart truck market. This market is growing due to the greater adoption rate of smart trucks in developed North American countries such as the United States, Canada, and others, as well as modern infrastructure, which is a major driver of market growth in the region. Furthermore, technological advancements and rising public awareness about road safety are expected to fuel market expansion in the coming years. Furthermore, as the commercial sector expands, there will be an increase in demand for efficient logistics and transportation services, creating profitable revenue development potential.
Market Competitive Landscape
The Market provides a variety of connected truck solutions, such as safety systems, fleet management, and telematics. To lessen the impact of its trucks on the environment, Scania is also focused on creating new technologies, such electric vehicles.Some of the market players are Deutsche Telekom, Geotab, Huawei, Omnitracs, Samsara, Teletrac Navman, Telefonica, T-Mobile, Verizon Connect, Vodafone and others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Propulsion Type, By Application, By Connectivity Level, By Vehicle Weight |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Deutsche Telekom, Geotab, Huawei, Omnitracs, Samsara, Teletrac Navman, Telefonica, T-Mobile, Verizon Connect, Vodafone and others. |
Key Topics Covered in the Report
- Global Connected Trucks Market Size (FY’2025-FY’2034)
- Overview of Global Connected Trucks Market
- Segmentation of Global Connected Trucks Market By Propulsion Type (Diesel, Gasoline, Hybrid and Electric)
- Segmentation of Global Connected Trucks Market By Application (Long-haul trucking, Regional trucking, Construction, Mining and Waste management)
- Segmentation of Global Connected Trucks Market By Connectivity Level (Basic connectivity, Advanced connectivity and Autonomous connectivity)
- Segmentation of Global Connected Trucks Market By Vehicle Weight (Class 3 , Class 4, Class 5, Class 6, Class 7 and Class 8 )
- Statistical Snap of Global Connected Trucks Market
- Expansion Analysis of Global Connected Trucks Market
- Problems and Obstacles in Global Connected Trucks Market
- Competitive Landscape in the Global Connected Trucks Market
- Details on Current Investment in Global Connected Trucks Market
- Competitive Analysis of Global Connected Trucks Market
- Prominent Players in the Global Connected Trucks Market
- SWOT Analysis of Global Connected Trucks Market
- Global Connected Trucks Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Connected Trucks Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Connected Trucks Market
7.Global Connected Trucks Market, By Propulsion Type (USD Million) 2025-2034
7.1.Diesel7.2.Gasoline7.3.Hybrid7.4.Electric
8.Global Connected Trucks Market, By Application (USD Million) 2025-2034
8.1.Long-haul trucking8.2.Regional trucking8.3.Construction8.4.Mining8.5.Waste management
9.Global Connected Trucks Market, By Connectivity Level (USD Million) 2025-2034
9.1.Basic connectivity9.2.Advanced connectivity9.3.Autonomous connectivity
10.Global Connected Trucks Market, By Vehicle Weight (USD Million) 2025-2034
10.1.Class 310.2.Class 410.3.Class 510.4.Class 610.5.Class 710.6.Class 8
11.Global Connected Trucks Market Forecast, 2025-2034 (USD Million)
11.1.Global Connected Trucks Market Size and Market Share
12.Global Connected Trucks Market, By Region, 2025-2034 (USD Million)
12.1.Asia-Pacific
12.1.1.Australia12.1.2.China12.1.3.India12.1.4.Japan12.1.5.South Korea12.1.6.Rest of Asia-Pacific
12.2.Europe
12.2.1.France12.2.2.Germany12.2.3.Italy12.2.4.Spain12.2.5.United Kingdom12.2.6.Rest of Europe
12.3.Middle East and Africa
12.3.1.Kingdom of Saudi Arabia
12.3.2.United Arab Emirates12.3.3.Qatar12.3.4.South Africa12.3.5.Egypt12.3.6.Morocco12.3.7.Nigeria12.3.8.Rest of Middle-East and Africa
12.4.North America
12.4.1.Canada12.4.2.Mexico12.4.3.United States
12.5.Latin America
12.5.1.Argentina12.5.2.Brazil12.5.3.Rest of Latin America
13.Company Profile
13.1.Deutsche Telekom
13.1.1.Company details13.1.2.Financial outlook13.1.3.Product summary13.1.4.Recent developments
13.2.Geotab
13.2.1.Company details13.2.2.Financial outlook13.2.3.Product summary13.2.4.Recent developments
13.3.Huawei
13.3.1.Company details13.3.2.Financial outlook13.3.3.Product summary13.3.4.Recent developments
13.4.Omnitracs
13.4.1.Company details13.4.2.Financial outlook13.4.3.Product summary13.4.4.Recent developments
13.5.Samsara
13.5.1.Company details13.5.2.Financial outlook13.5.3.Product summary13.5.4.Recent developments
13.6.Teletrac Navman
13.6.1.Company details13.6.2.Financial outlook13.6.3.Product summary13.6.4.Recent developments
13.7.Telefonica
13.7.1.Company details13.7.2.Financial outlook13.7.3.Product summary13.7.4.Recent developments
13.8.T-Mobile
13.8.1.Company details13.8.2.Financial outlook13.8.3.Product summary13.8.4.Recent developments
13.9.Verizon Connect
13.9.1.Company details13.9.2.Financial outlook13.9.3.Product summary13.9.4.Recent developments
13.10.Vodafone
13.10.1.Company details13.10.2.Financial outlook13.10.3.Product summary13.10.4.Recent developments
14.Conclusion
15.List of Abbreviations
16.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Connected Trucks Market is projected to reach USD 129.15 billion by 2034, growing at a CAGR of of 16.4% during the forecast period.
Connected Trucks Market grew in Market size from 2025. The Market is expected to reach USD 129.15 billion by 2034, at a CAGR of 16.4% during the forecast period.
Connected Trucks Market CAGR of 16.4% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Connected Trucks Market size is USD 129.15 billion from 2025 to 2034.
Connected Trucks Market is covered By Propulsion Type, By Application, By Connectivity Level, By Vehicle Weight
The North America is anticipated to have the highest Market share in the Connected Trucks Market.
Deutsche Telekom, Geotab, Huawei, Omnitracs, Samsara, Teletrac Navman, Telefonica, T-Mobile, Verizon Connect, Vodafone and others.
The Global Connected Truck Market is divided into several applications, including as long-haul transportation, regional trucking, construction, mining, and waste management.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
