Middle East and Africa Off-Highway Vehicle Telematics Market

The MEA off-highway vehicle telematics market is expected to grow from US$ 39.20 million in 2021 to US$ 48.08 million by 2028. It is estimated to grow at a CAGR of 3.0% from 2021 to 2028.

The telematics business has been evolving rapidly due to advancements in technologies. There are some new trends which are in the market. For instance, cloud enablement includes sensors, attached to different sub-systems in a vehicle. These systems are constantly exchanging massive amounts of data. Sensors for tire pressure monitoring, video capture, and temperature monitoring are just a few examples. Advances in cloud technology have made it possible to store, handle, and successfully use huge amounts of data. Telematics technologies have aided businesses in keeping track of jobs/delivery dates and any incidents/accidents that occurred. Companies require time-stamped location data to substantiate the accuracy of the information. This could be done with the help of visual data from cameras to reconstruct the occurrence. Other sensor data aids in detecting dangerous driving behaviors, including speeding, hard braking, and quick acceleration. Telematics has become more than just a trend for service providers and small fleet owners. Many start-ups deliver low-cost yet effective telematics solutions that may be found on the local market for smaller fleet owners. Thus, rising technological advancements in off-highway vehicle telematics will drive the growth of the MEA off-highway vehicle telematics market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA off-highway vehicle telematics market at a healthy CAGR during the forecast period.  

MEA Off-Highway Vehicle Telematics Market Revenue and Forecast to 2028 (US$ Million)
      

The MEA Off-Highway Vehicle Telematics Market Segmentation

The MEA off-highway vehicle telematics market is analyzed on the basis of connectivity type, application, technology, and country. Based on connectivity type, the market is segmented into cellular-based OHV telematics and satellite-based OHV telematics. The cellular-based OHV telematics segment dominated the market in 2020, and the satellite-based OHV telematics segment is expected to report the fastest growth during the forecast period. In terms of application, the market is segmented into construction industry OHV telematics, agriculture industry OHV telematics, mining industry OHV telematics, and others. The construction industry OHV telematics segment dominated the market in 2020, and the agriculture industry OHV telematics segment is expected to report the fastest growth during the forecast period. Based on technology, the market is segmented into LTE-M, NB-IoT, Sigfox, and others. The LTE-M segment dominated the market in 2020, and the same segment is expected to report the fastest growth during the forecast period. Based on country, the MEA off-highway vehicle telematics market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of the MEA.

ACTIA Group; Omnitracs, LLC; ORBCOMM Inc.; Stoneridge, Inc.; Teletrac Navman; TomTom; Telematics BV; TTControl GmbH; Wacker Neuson SE; and Zonar Systems Inc. are the leading companies in the MEA off-highway vehicle telematics market.        

Middle East and Africa Off-Highway Vehicle Telematics Market Strategic Insights

Middle East and Africa Off-Highway Vehicle Telematics Market Segmentation Analysis

Middle East and Africa Off-Highway Vehicle Telematics Market Report Highlights

Middle East and Africa Off-Highway Vehicle Telematics Report Scope

Middle East and Africa Off-Highway Vehicle Telematics Market Country and Regional Insights