US Telematics Market Summary
The US telematics market is poised for substantial growth, with a projected valuation of 541.32 USD billion by 2035.
Key Market Trends & Highlights
United States Telematics Key Trends and Highlights
- The market is valued at 235.94 USD billion in 2024, indicating a robust starting point for growth.
- From 2025 to 2035, the market is expected to grow at a compound annual growth rate of 7.84 percent.
- By 2035, the telematics market in the United States is anticipated to reach 541.32 USD billion, reflecting significant expansion.
- Growing adoption of telematics technology due to increasing demand for vehicle safety and efficiency is a major market driver.
Market Size & Forecast
2024 Market Size | 235.94 (USD Billion) |
2035 Market Size | 541.32 (USD Billion) |
CAGR (2025 - 2035) | 7.84% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)