Connected Vehicles: Growth of Commercial Vehicles to 2027
While the connected vehicles market is set to grow over the next four years, commercial connected vehicles will continue to play a minor role; at least compared to consumer connected vehicles.
The above infographic illustrates how commercial connected vehicles will account for only 16-20% of the total connected vehicles market. Our latest research suggests that this is the result of how automotive manufacturers have been slow to leverage connectivity beyond simple emergency call features and basic connected infotainment systems. To correct this, we recommend that they prioritise integrations with common fleet tracking systems to maximise the benefits of connectivity as well as enable commercial fleet owners to maximise efficiency in their processes.
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