Car Sharing Telematics Market to Worth USD 854.01 Bn by 2034
According to Towards Automotive consultants, the global car sharing telematics market is projected to reach approximately USD 854.01 billion by 2034, increasing from USD 385.04 billion in 2026, at a CAGR of 10.47% during the forecast period 2025 to 2034.
Ottawa, Oct. 01, 2025 (GLOBE NEWSWIRE) -- The global car sharing telematics market size was recorded at USD 348.55 billion in 2025 and is forecast to increase to USD 854.01 billion in 2034, as per findings from a study published by Towards Automotive, a sister firm of Precedence Research.
The car sharing telematics market has been growing in recent periods due to rising demand for cost-effective, convenient, and eco-friendly urban mobility solutions enabled by connected vehicle technologies.
All the Stats, Charts & Insights You Need - Get the Databook Now: https://www.towardsautomotive.com/download-sample/1289
Key Highlights of the Car Sharing Telematics Market
- By region, Asia Pacific dominated the portable car sharing telematics market, whereas North America is expected to grow in the foreseeable period.
- By components, the engine interface segment led the car sharing telematics market, whereas the GPS receiver is expected to grow in the foreseeable period
- By service, the navigation segment led the sharing telematics market.
- By Form, the integrated segment led the sharing telematics market.
Market Overview
The car sharing telematics market involves the integration of connected vehicle technologies, GPS tracking, and data analytics to optimize fleet management, enhance user experience, and improve operational efficiency. Innovations in IoT and AI are making car sharing services smarter, safer, and more effective globally, while growing urbanization, the need for shared mobility, and the need to reduce carbon emissions are driving adoption.
Car Sharing Telematics Market Outlook
- Industry Growth Overview: Telematics allows car sharing providers to monitor vehicles in real time, plan optimal routes, and perform predictive maintenance. By increasing convenience and service dependability, these upgrades draw more users to shared mobility services.
- Sustainability Trends: Telematics decreases carbon emissions and idle time by integrating electric vehicles and optimizing vehicle usage. This promotes cleaner urban transportation options and advances global sustainability goals.
- Global Expansion: North America and the Asia Pacific are key markets, with urbanization and increasing demand for shared mobility driving growth. Emerging regions are also seeing more adoption due to affordable and flexible mobility needs.
- Startup Ecosystem: Innovative startups like Vulog, Ridecell, and INVERS are introducing advanced fleet management and connected vehicle platforms. These startups are shaping the future of car sharing by offering scalable, technology-driven solutions.
You can place an order or ask any questions, please feel free to contact us at sales@towardsautomotive.com
Market Dynamics
Driver
Rising Urbanization
The need for practical and affordable shared mobility solutions is growing as cities populations get denser. Because of the strain that this urban growth is placing on the current transportation infrastructure, shared car services are a viable substitute. Additionally, app-based mobility solutions are preferred over private vehicle ownership by younger urban populations.
Restraint
Technical Challenges
It can be difficult to integrate telematics with current car fleets and guarantee system dependability. Software bugs and compatibility problems can cause operations to be disrupted and maintenance expenses to rise. Effective management of sophisticated telematics systems also necessitates ongoing technical assistance and staff training.
Opportunity
Fleet Optimization Services
With telematics, fleet managers can keep an eye on driver behavior, fuel consumption, and vehicle health. New revenue streams can be created by providing these insights as a service to corporate fleets or other mobility providers. Predictive maintenance and analytics services also help reduce operational costs and enhance fleet longevity.
More Insights of Towards Automotive:
- Bus Rapid Transit (BRT) Market Drives at 6.50% CAGR (2025-34) - The bus rapid transit (BRT) market is expected to increase from USD 2.66 billion in 2025 to USD 4.69 billion by 2034, growing at a CAGR of 6.50%.
- Lithium Manganese Iron Phosphate (LMFP) Batteries Market Drives at 15.55% CAGR - The lithium manganese iron phosphate (LMFP) batteries market is forecasted to expand from USD 1.85 billion in 2025 to USD 6.79 billion by 2034.
- Battery Chemistry for Electric Vehicles (EVs) Market Size, Share & Growth Projections - The battery chemistry for electric vehicles (EVs) market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034.
- Chartered Air Transport Market Drives at 7.15% CAGR (2025-34) - The chartered air transport market is forecasted to expand from USD 67.5 billion in 2025 to USD 125.68 billion by 2034, growing at a CAGR of 7.15% from 2025 to 2034.
- Vocational Truck Market Drives at 7.89% CAGR (2025-34) - The vocational truck market is projected to reach USD 122.89 billion by 2034, growing from USD 62.04 billion in 2025, at a CAGR of 7.89% during the forecast period from 2025 to 2034.
- Passenger Car Intelligent Steering Market Drives at 20.32% CAGR (2025-34) - The passenger car intelligent steering market is forecasted to expand from USD 24.29 billion in 2025 to USD 128.38 billion by 2034.
- Locomotive Maintenance Telematics Market Drives at 7.76% CAGR (2025-34) - The locomotive maintenance telematics market is forecasted to expand from USD 5.69 billion in 2025 to USD 11.15 billion by 2034.
- Commercial Vehicle Accessories Market Drives at 6.65% CAGR (2025-34) - The commercial vehicle accessories market is projected to reach USD 179.42 billion by 2034, growing from USD 100.51 billion in 2025.
- Light Car Trailer Market Drives at 7.06% CAGR (2025-34) - The light car trailer market is forecast to grow from USD 1.28 billion in 2025 to USD 2.37 billion by 2034, driven by a CAGR of 7.06% from 2025 to 2034.
- Europe Automotive Market Playbook, Growth Opportunities and Trends - The Europe automotive market is booming, poised for a revenue surge into the hundreds of millions from 2025 to 2034.
- MEA 8x8 Armored Vehicles Market Drives at 5.5% CAGR (2025-34) - The MEA 8x8 armored vehicles market is projected to reach USD 2.56 billion by 2034, growing from USD 1.58 billion in 2025.
- Car Sharing Telematics Market Drives at 10.47% CAGR (2025-34) - The global car sharing telematics market is projected to reach USD 854.01 million by 2034, growing from USD 348.55 million in 2025.
- Automotive Fleet Leasing Market Drives at 7.49% CAGR (2025-34) - The global automotive fleet leasin market is forecasted to expand from USD 32.56 billion in 2025 to USD 62.37 billion by 2034.
- Cellular Vehicle-to-Everything (C-V2X) Market Drives at 41.81% CAGR (2025-34) - The cellular vehicle-to-everything (C-V2X) market is forecasted to expand from USD 2.43 billion in 2025 to USD 56.44 billion by 2034.
-
Electric Power Sports Market Drives at 5.24% CAGR (2025-34) - The electric power sports market is projected to reach USD 17.96 billion by 2034, expanding from USD 11.34 billion in 2025.
Regional Analysis
Asia Pacific dominated the car sharing telematics market in 2024, because of the government's strong support for shared mobility solutions, the growing number of smart city initiatives, and the rate of urbanization. Due to growing environmental concerns, worsening traffic, and large investments in digital infrastructure, the region has witnessed a notable uptake of connected cars and telematics platforms.
The India Car Sharing Telematics Market Trend
The car sharing telematics market in India is growing rapidly, powered by growing shared mobility services and the use of connected car technologies. Telematics adoption is being driven by fleet operators need for real time tracking remote diagnostics and improved user experiences at the same time the market’s future is being shaped by developments in connectivity and data analytics.
North America emerged as the fastest-growing market driven by advanced telematics infrastructure, high consumer awareness of shared mobility, and technological integration of IoT and AI in automobiles. Mobility as a service solutions and real-time vehicle tracking have seen significant investments in the region, and policies encouraging environmentally friendly urban transportation have sped up adoption.
The U.S. Car Sharing Telematics Market Trends
The car sharing telematics market in the U.S. is expanding steadily, fueled by the growth of shared mobility services and connected cars. Fleet operators are being encouraged to implement telematics solutions by the growing demand for real time tracking remote diagnostics and enhanced user experiences the markets development is being shaped by developments in connectivity and data analytics.
Get the latest insights on automotive industry segmentation with our Annual Membership: https://www.towardsautomotive.com/get-an-annual-membership
Segmental Analysis
By Components
Engine interface segment dominated the market due to its essential role in tracking vehicle performance, improving fuel economy, and guaranteeing real-time data exchange between automobiles and telematics systems. Due to its widespread use by fleet managers and car-sharing service providers seeking to streamline operations, lower maintenance costs, and enhance overall vehicle performance, this market has benefited.
GPS receiver segment is the fastest growing due to the growing need for shared mobility services that provide accurate navigation, real-time location tracking, and route optimization. A major factor driving market growth is the increasing integration of GPS with AI-driven analytics and cloud-based platforms, which has improved customer experience, increased operational efficiency, and decreased operational downtime.
By Service
Navigation segment dominated the market because it is essential to facilitating effective route planning, cutting down on travel time, and improving the user experience for car-sharing services. Because smartphone-based navigation is so widely used along with real-time traffic updates and predictive routing, this service is crucial for car-sharing telematics providers.
By Form
Integrated form of car sharing telematics dominates the market because it incorporates analytics software and hardware into a single platform to provide end-to-end solutions. Fleet operators and shared mobility companies favor an integrated system for effective management and lower operating costs because it enables smooth vehicle tracking, real-time monitoring, and sophisticated analytics.
Elevate your automotive strategy with Towards Automotive. Enhance efficiency and achieve superior results - schedule a call today: https://www.towardsautomotive.com/schedule-meeting
Recent Developments
- In December 2024, Zoomcar launched a chauffeur-driven cab rental service in Bengaluru, expanding beyond its traditional self-drive platform to tap into the larger transportation market.
- In November 2024, Vulog launched an end-to-end car-sharing management solution tailored for electric vehicles, integrating telematics for efficient fleet operations.
Access our exclusive, data-rich dashboard dedicated to the Car Sharing Telematics Market designed specifically for decision-makers, strategists, and industry leaders. Towards Automotive dashboard offers in-depth statistical insights, segment-wise market analysis, regional share breakdowns, comprehensive company profiles, annual updates, and much more. From market sizing to competitive benchmarking, this all-in-one platform is your strategic gateway to smarter, data-driven decisions.
Access Now: https://www.towardsautomotive.com/contact-us
Car Sharing Telematics Market Top Companies
- INVERS GmbH
- Convadis AG
- MoC Sharing
- Ridecell, Inc.
- Vulog
- Continental Aftermarket and Services
- Octo Group S.p.A
- Geotab Inc.
- Targa Telematics
- Fleetster
- OpenFleet
- Mobility Tech Green
Car Sharing Telematics Market Segmentations
By Component
- GPS receiver
- Software
- Accelerometer
- Engine interface
- Sim card
- Others
By Service
- Automatic Crash Notification (ACN)
- Emergency
- Navigation
- Diagnostics
- Billing
- Assistance & Access
- Fleet Management
- Others
By Form
- Embedded
- Tethered
- Integrated
By Business Model
- Subscription-based Model
- Corporate Fleet Management
- Pay-per-use Model
- Partnerships with OEMs
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Invest in Our Premium Strategic Solution: https://www.towardsautomotive.com/price/1289
Become a Valued Research Partner with Us - Schedule a meeting: https://www.towardsautomotive.com/schedule-meeting
Request a Custom Case Study Built Around Your Goals: sales@towardsautomotive.com
About Us
Towards Automotive is a leading research and consulting firm specializing in the global automotive industry. We deliver actionable insights across key segments such as electric vehicles (EVs), autonomous driving, connected cars, automotive software, aftermarket services, and more. Our expert team supports both global enterprises and start-ups with tailored research on market trends, technology, and consumer behavior. With a focus on accuracy and innovation, we empower clients to make informed decisions and stay competitive in a rapidly evolving landscape.
Stay Connected with Towards Automotive:
- Find us on Social Platforms: LinkedIn | Twitter | Instagram
- Subscribe to Our Newsletter: Towards AutoTech
- Read Our Printed Chronicle: Automotive Web Wire
- Visit Towards Automotive for In-depth Market Insights: Towards Automotive
- APAC: +91 9356 9282 04 | Europe: +44 778 256 0738 | North America: +1 8044 4193 44
- Get ahead of the trends – follow us for exclusive insights and industry updates: Tumbler | Bloglovin | Medium | Hashnode | Pinterest
Towards Automotive Releases Its Latest Insight - Check It Out:
- Electric Classic Car Market Drives at 11.81% CAGR (2025-34)
- Generative AI in Automotive Market Drives at 23.50% CAGR (2025-34)
- U.S. Truck Bed Accessories Market Drives at 7.15% CAGR (2025-34)
- Fleet Decarbonization Market Drives at 7.15% CAGR (2025-34)
- Pickup Trucks Market Drives at 5.56% CAGR (2025-34)
- Electric Utility Terrain Vehicles (UTV) Market Drives at 22.87% CAGR (2025-34)
- Electric ATV Market Size and Growth Forecast 2034
- Motorsport Transmission Market Drives at 9.59% CAGR (2025-34)
- Electric Vehicle (EV) Testing, Inspection and Certification Market Drives at 9.25% CAGR (2025-34)
- Automotive Infotainment Testing Market Drives at 6.88% CAGR (2025-34)
- L(M)FP Batteries Market Trends Funding Activities and Industry Participants
- Battery Cell Component Market Drives at 26.01% CAGR (2025-34)
- China Automobile Market Growth Dynamics and Regional Insights
- U.S. Parking Management Market Drives at 9.40% CAGR (2025-34)
-
Outboard Engine Market Drives at 5.55% CAGR (2025-34)
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
