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China B2B Connected Fleet Services Market

ID: MRFR/ICT/57394-HCR
200 Pages
Garvit Vyas
October 2025

China B2B Connected Fleet Services Market Research Report: By Service Type (Vehicle Tracking, Remote Diagnostics, Driver Management, Stolen Vehicle Tracking, Others), By Fleet Service Type (Conventional, Electric) and By Application (Passenger Cars, Trucks, Buses, Others) - Forecast to 2035

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China B2B Connected Fleet Services Market Summary

As per MRFR analysis, the b2b connected-fleet-services market size was estimated at 870.66 USD Million in 2024. The b2b connected-fleet-services market is projected to grow from 1049.15 USD Million in 2025 to 6770.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 20.5% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The China The b2b connected-fleet-services market is experiencing robust growth. This growth is driven by technological advancements and sustainability initiatives.

  • The largest segment in the market is fleet management solutions, while telematics is the fastest-growing segment.
  • There is a notable increase in the adoption of IoT solutions, enhancing connectivity and operational efficiency.
  • A growing focus on sustainability and emission reduction is shaping fleet strategies across various industries.
  • Rising demand for fleet optimization and government initiatives are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 870.66 (USD Million)
2035 Market Size 6770.0 (USD Million)
CAGR (2025 - 2035) 20.5%

Major Players

Teletrac Navman (NZ), Geotab (CA), Omnicomm (RU), Fleet Complete (CA), Verizon Connect (US), Teletrac (US), Samsara (US), Zubie (US)

China B2B Connected Fleet Services Market Trends

The b2b connected-fleet-services market is currently undergoing a transformative phase. This change is driven by advancements in technology and an increasing demand for efficiency among businesses. Companies are increasingly adopting connected solutions to enhance fleet management, optimize routes, and reduce operational costs. This shift is largely influenced by the growing emphasis on sustainability and the need for real-time data analytics. As organizations seek to improve their logistics and supply chain operations, the integration of IoT devices and telematics systems is becoming more prevalent. This trend suggests a significant evolution in how fleets are managed, with a focus on data-driven decision-making. Moreover, the regulatory landscape is evolving, with governments promoting initiatives aimed at reducing emissions and enhancing safety standards. This regulatory push is likely to accelerate the adoption of connected technologies within the b2b connected-fleet-services market. Companies are not only looking to comply with these regulations but also to leverage them as a competitive advantage. The interplay between technology, regulation, and market demand indicates a dynamic environment where innovation is key to success. As the market continues to mature, businesses that embrace these changes may find themselves better positioned to thrive in an increasingly competitive landscape.

Increased Adoption of IoT Solutions

The integration of Internet of Things (IoT) technologies is becoming a cornerstone of the b2b connected-fleet-services market. Companies are leveraging IoT devices to gather real-time data on vehicle performance, driver behavior, and environmental conditions. This data enables businesses to make informed decisions, enhance operational efficiency, and reduce costs. As IoT technology becomes more accessible, its adoption is expected to rise, leading to smarter fleet management practices.

Focus on Sustainability and Emission Reduction

Sustainability is emerging as a critical focus within the b2b connected-fleet-services market. Companies are increasingly prioritizing eco-friendly practices, driven by regulatory requirements and consumer expectations. The adoption of connected technologies facilitates the monitoring of emissions and fuel consumption, allowing businesses to implement strategies that minimize their environmental impact. This trend indicates a shift towards greener operations, which may enhance brand reputation and customer loyalty.

Enhanced Data Analytics Capabilities

The demand for advanced data analytics in the b2b connected-fleet-services market is on the rise. Businesses are recognizing the value of data in optimizing fleet operations and improving decision-making processes. Enhanced analytics capabilities allow companies to identify trends, predict maintenance needs, and streamline logistics. As data becomes a vital asset, organizations that invest in analytics tools may gain a competitive edge in the market.

China B2B Connected Fleet Services Market Drivers

Rising Demand for Fleet Optimization

The b2b connected-fleet-services market in China is experiencing a notable surge in demand for fleet optimization solutions. Companies are increasingly seeking ways to enhance operational efficiency and reduce costs. This trend is driven by the need to manage logistics more effectively, as the transportation sector accounts for a significant portion of China's GDP. According to recent data, logistics costs in China represent approximately 14% of GDP, which is higher than the global average. As businesses strive to streamline their operations, the adoption of connected fleet services that provide real-time tracking and analytics is becoming essential. This shift not only improves route planning but also minimizes fuel consumption, thereby contributing to overall cost savings and increased competitiveness in the market.

Government Initiatives and Regulations

The b2b connected-fleet-services market is significantly influenced by government initiatives and regulations aimed at modernizing the transportation sector in China. The Chinese government has implemented various policies to promote the adoption of advanced technologies in logistics and transportation. For instance, the 'Made in China 2025' initiative emphasizes the integration of smart technologies in manufacturing and logistics. Additionally, regulations concerning emissions and safety standards are pushing companies to adopt connected fleet solutions that ensure compliance. As a result, businesses are increasingly investing in technologies that enhance fleet management and reduce environmental impact, thereby driving growth in the b2b connected-fleet-services market.

Growing Focus on Safety and Compliance

Safety and compliance are becoming increasingly critical factors influencing the b2b connected-fleet-services market in China. With rising concerns over road safety and regulatory compliance, companies are prioritizing solutions that enhance driver safety and vehicle performance. The implementation of connected fleet services allows for the monitoring of driver behavior, vehicle health, and adherence to safety regulations. This focus on safety not only helps in reducing accidents but also minimizes liability risks for businesses. As a result, the demand for connected fleet solutions that provide comprehensive safety features is expected to grow, further propelling the market forward.

Shift Towards Data-Driven Decision Making

The b2b connected-fleet-services market is witnessing a shift towards data-driven decision-making among businesses in China. Companies are increasingly recognizing the value of data analytics in optimizing fleet operations and improving overall performance. By leveraging data collected from connected vehicles, businesses can gain insights into fuel consumption, maintenance needs, and driver performance. This analytical approach enables companies to make informed decisions that enhance efficiency and reduce operational costs. As the importance of data in strategic planning continues to rise, the demand for connected fleet services that offer robust analytics capabilities is likely to increase, driving growth in the market.

Technological Advancements in Connectivity

Technological advancements in connectivity are playing a crucial role in shaping the b2b connected-fleet-services market in China. The proliferation of 5G technology is enabling faster and more reliable communication between vehicles and fleet management systems. This enhanced connectivity allows for real-time data exchange, which is vital for effective fleet monitoring and management. Furthermore, the integration of artificial intelligence and machine learning into fleet services is facilitating predictive maintenance and improved decision-making. As these technologies continue to evolve, they are likely to enhance the capabilities of connected fleet services, making them more attractive to businesses looking to optimize their operations.

Market Segment Insights

By Service Type: Vehicle Tracking (Largest) vs. Remote Diagnostics (Fastest-Growing)

In the China b2b connected-fleet-services market, the service type segment is characterized by an increasing focus on vehicle tracking services, which currently holds the largest share among offerings. Vehicle tracking solutions are becoming essential as businesses look to enhance their fleet efficiency and reduce operational costs. Remote diagnostics services are also gaining traction, marking significant growth as organizations prioritize proactive maintenance solutions to minimize downtime and improve service delivery. Growth trends in this segment are driven by the need for enhanced visibility and control over fleet operations. The advent of IoT technology and advancements in telematics are fueling the demand for service types like driver management and stolen vehicle tracking and recovery. As data analytics and real-time monitoring continue to evolve, these services are expected to undergo rapid growth, positioning remote diagnostics as a crucial aspect of fleet management strategies.

Vehicle Tracking (Dominant) vs. Driver Management (Emerging)

Vehicle tracking remains the dominant service within the China b2b connected-fleet-services market, offering critical capabilities in real-time location monitoring, route optimization, and asset security. Companies benefit from improved fleet visibility, which directly translates into cost savings and enhanced operational efficiency. On the other hand, driver management is emerging as a significant service type, focusing on enhancing driver safety and accountability. This includes features like driver behavior analysis and performance metrics, which are vital for mitigating risks and ensuring compliance with safety regulations. Together, these service types significantly contribute to the overall optimization of fleet operations.

By Fleet Type: Conventional (Largest) vs. Electric (Fastest-Growing)

In the China b2b connected-fleet-services market, the fleet type segment is predominantly occupied by Conventional vehicles, which hold a significant market share due to their established presence and reliability. Despite the growing awareness surrounding environmental concerns, Conventional fleet types continue to dominate owing to their widespread adoption across industries and the availability of extensive service networks. On the other hand, Electric vehicles, while currently occupying a smaller share, are rapidly gaining traction, especially among businesses seeking to reduce operational costs and enhance sustainability practices. The growth trends within this segment are driven by several key factors. Electric fleet types are experiencing the fastest growth rate, fueled by advancements in battery technology, declining costs, and government incentives promoting green initiatives. Conversely, Conventional fleets are expected to maintain their relevance due to their robustness and the slow transition toward electric solutions within key sectors. As fleets modernize, the shift towards Electric is anticipated to accelerate, driven by both regulatory pressures and evolving consumer preferences.

Fleet Type: Conventional (Dominant) vs. Electric (Emerging)

Conventional fleets represent the dominant force in the market, characterized by their proven efficiency and expansive infrastructure that supports maintenance and operations. They are widely utilized across various sectors, making them a preferred choice for companies looking for reliability. However, the Electric segment is emerging as a noteworthy alternative, increasingly sought after for its environmental benefits and innovative technologies. Electric fleets are enhanced by advancements in powertrains and increased investment in charging infrastructure, positioning them as a viable option for forward-thinking companies. The shift towards Electric is not just about lower emissions; it reflects a broader transition in the market as businesses aim to embrace more sustainable practices and improve overall fleet performance.

By Application: Passenger Cars (Largest) vs. Trucks (Fastest-Growing)

In the China b2b connected-fleet-services market, Passenger Cars hold the largest market share among application segments, showcasing their crucial role in the fleet industry. Trucks follow closely, representing a significant portion of the market as well. Buses and Others contribute to the overall dynamics but occupy smaller shares, emphasizing the prominence of light-duty vehicles in fleet operations. Growth trends in this segment indicate a notable increase in the adoption of technology in Trucks, driving them to become the fastest-growing segment. Factors such as increased logistic demands, urbanization, and advancements in connectivity fuel the rise of Trucks as they embrace innovative fleet management solutions, thereby enhancing operational efficiency and cost-effectiveness.

Passenger Cars (Dominant) vs. Trucks (Emerging)

Passenger Cars in the China b2b connected-fleet-services market are recognized as the dominant force, given their widespread usage in various fleet operations, from ride-sharing to corporate transportation. Their established integration with connectivity technologies allows for enhanced vehicle tracking and management. On the other hand, Trucks are emerging as a vital segment, gaining traction due to the surge in e-commerce and freight logistics. The combination of heavy-duty performance and technological advancements makes Trucks increasingly desirable for business logistics, thus capturing the attention of fleet operators seeking efficiency and reliability in their operations.

Get more detailed insights about China B2B Connected Fleet Services Market

Key Players and Competitive Insights

The b2b connected-fleet-services market in China is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for operational efficiency. Key players are actively pursuing strategies that emphasize innovation, partnerships, and regional expansion. For instance, Teletrac Navman (NZ) has focused on enhancing its telematics solutions, aiming to provide comprehensive fleet management tools that integrate seamlessly with existing systems. Similarly, Geotab (CA) is leveraging its data analytics capabilities to offer tailored solutions that address specific industry needs, thereby positioning itself as a leader in data-driven fleet management.

The market structure appears moderately fragmented, with several players vying for market share. Companies are adopting various business tactics, such as localizing manufacturing and optimizing supply chains, to enhance their competitive edge. This collective approach not only strengthens their operational capabilities but also fosters a more resilient market environment. The influence of major players is significant, as they set benchmarks for service quality and technological innovation, which smaller firms often strive to emulate.

In August 2025, Omnicomm (RU) announced a strategic partnership with a leading logistics provider to enhance its fleet management solutions. This collaboration is expected to integrate advanced telematics with real-time data analytics, thereby improving operational efficiency for clients. The strategic importance of this partnership lies in its potential to expand Omnicomm's market reach while simultaneously enhancing the value proposition of its offerings.

In September 2025, Verizon Connect (US) launched a new AI-driven platform designed to optimize fleet operations through predictive analytics. This initiative is particularly noteworthy as it reflects a broader trend towards the integration of artificial intelligence in fleet management. By harnessing AI, Verizon Connect aims to provide clients with actionable insights that can lead to significant cost savings and improved safety outcomes, thereby reinforcing its competitive position in the market.

In October 2025, Samsara (US) unveiled a sustainability initiative aimed at reducing carbon emissions across its fleet management solutions. This move aligns with the growing emphasis on environmental responsibility within the industry. By prioritizing sustainability, Samsara not only addresses regulatory pressures but also appeals to a market increasingly concerned with ecological impact, thus enhancing its brand reputation and customer loyalty.

As of November 2025, the competitive trends in the b2b connected-fleet-services market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing service offerings and expanding market reach. Looking ahead, it is likely that competitive differentiation will evolve, shifting from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This transition underscores the necessity for companies to adapt and innovate continuously in order to maintain a competitive edge.

Key Companies in the China B2B Connected Fleet Services Market market include

Industry Developments

The China B2B Connected Fleet Services Market has seen notable advancements in recent months, with companies like Alibaba Group and Tencent increasingly investing in digital solutions to enhance fleet management. In October 2023, Geely announced its partnership with Huawei to integrate advanced connectivity solutions in its fleet operations, showcasing a significant trend towards technological collaboration. Meanwhile, Caterpillar and Bosch are leveraging their expertise in sensors and analytics to improve operational efficiency and safety standards within the market.

Recent market valuations indicate that the B2B Connected Fleet Services segment is projected to reach a valuation of approximately USD 30 billion by 2025, reflecting a robust growth trajectory driven by increased demand for efficient logistics and transportation solutions. 

In terms of mergers and acquisitions, SAIC Motor has recently acquired a stake in a local telematics firm in September 2023, further expanding its portfolio in connected fleet solutions. Additionally, Volvo Group is actively working on developing electric connected fleets as part of its sustainability initiative. Over the last few years, partnerships among these corporations have increasingly focused on enhancing technological integration and promoting eco-friendly fleet solutions, aligning with China's broader environmental goals.

Future Outlook

China B2B Connected Fleet Services Market Future Outlook

The B2B Connected Fleet Services Market in China is projected to grow at a 20.5% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for efficiency.

New opportunities lie in:

  • Integration of AI-driven predictive maintenance solutions
  • Development of real-time fleet tracking and analytics platforms
  • Expansion of electric vehicle fleet management services

By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

Market Segmentation

China B2B Connected Fleet Services Market Fleet Type Outlook

  • Conventional
  • Electric

China B2B Connected Fleet Services Market Application Outlook

  • Passenger Cars
  • Trucks
  • Buses
  • Others

China B2B Connected Fleet Services Market Service Type Outlook

  • Vehicle Tracking
  • Remote Diagnostics
  • Driver Management
  • Stolen Vehicle Tracking and Recovery
  • Others

Report Scope

MARKET SIZE 2024 870.66(USD Million)
MARKET SIZE 2025 1049.15(USD Million)
MARKET SIZE 2035 6770.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 20.5% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Teletrac Navman (NZ), Geotab (CA), Omnicomm (RU), Fleet Complete (CA), Verizon Connect (US), Teletrac (US), Samsara (US), Zubie (US)
Segments Covered Service Type, Fleet Type, Application
Key Market Opportunities Integration of advanced telematics and data analytics enhances operational efficiency in the b2b connected-fleet-services market.
Key Market Dynamics Rapid technological advancements drive competitive differentiation in the B2B connected-fleet-services market.
Countries Covered China

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FAQs

What is the expected market size of the China B2B Connected Fleet Services Market in 2024?

The market is expected to be valued at 778.5 million USD in 2024.

What is the projected market size for the China B2B Connected Fleet Services Market by 2035?

By 2035, the market is expected to grow to an impressive 6200.0 million USD.

What is the expected compound annual growth rate (CAGR) for the China B2B Connected Fleet Services Market between 2025 and 2035?

The CAGR for the market is anticipated to be 20.759% from 2025 to 2035.

What are the main service types contributing to the China B2B Connected Fleet Services Market?

The service types include Vehicle Tracking, Remote Diagnostics, Driver Management, Stolen Vehicle Tracking, and Others.

How much is the Vehicle Tracking segment valued at in 2024 within the China B2B Connected Fleet Services Market?

The Vehicle Tracking segment is valued at 300.0 million USD in 2024.

What is the projected market value for Remote Diagnostics by the year 2035?

The Remote Diagnostics segment is expected to reach 1600.0 million USD by 2035.

Who are the key players in the China B2B Connected Fleet Services Market?

Major players in the market include Caterpillar, Tencent, SAIC Motor, Alibaba Group, and Geely.

What is the anticipated value of the Driver Management service by 2035?

The Driver Management service is projected to be valued at 1200.0 million USD by 2035.

What growth opportunities exist within the Stolen Vehicle Tracking segment of the market?

The Stolen Vehicle Tracking segment is expected to grow from 78.5 million USD in 2024 to 600.0 million USD in 2035.

What challenges might the China B2B Connected Fleet Services Market face in the coming years?

Challenges may include regulatory changes and increased competition among service providers.

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