"Research from internet of things (IoT) analyst firm Berg Insight has calculated that the total number of aftermarket car telematics shipments worldwide reached 26.5 million in 2024 and projects that it will reach 39.3 million units in 2029, with the installed base of active aftermarket car telematics units growing at a compound annual growth rate of 8.7% to reach 136.8 million worldwide at the end of 2029, up from 90.3 million at the end of 2024."
"Berg Insight's definition of an aftermarket car telematics solution in the report comprises cellular/global navigation satellite system (GNSS) and RF-based solutions. It said there are currently many different form factors applicable for aftermarket car telematics, ranging from professionally installed hardwired black boxes to self-installed onboard diagnostics dongles and battery-powered devices. The Aftermarket car telematics report pointed to such systems being useful in a number of application areas, including stolen vehicle tracking and recovery (SVT/SVR), vehicle diagnostics, Wi-Fi hotspots, convenience applications and usage-based insurance."
"Remote vehicle diagnostics allow service providers such as dealers and workshops to improve service offerings to car owners. "Dealers and finance companies can moreover leverage telematics for internal fleet management and manage the customer lifetime value," noted Berg Insight senior analyst Martin Cederqvist. "The number of active aftermarket SVT units in use is forecasted to reach 103.4 million in 2029, up from 67.0 million at year end 2024." Regional market conditions, such as a high level of vehicle crime, influencing the demand for stolen vehicle tracking were found to have made SVT systems popular in countries such as Brazil, Israel, Russia and South A"
Aftermarket car telematics shipments reached 26.5 million in 2024 and are projected to reach 39.3 million in 2029, with the installed base growing from 90.3 million to 136.8 million by 2029 at an 8.7% CAGR. Aftermarket telematics solutions include cellular/GNSS and RF-based technologies and appear in multiple form factors from hardwired black boxes to OBD dongles and battery-powered devices. Key applications include stolen vehicle tracking and recovery, vehicle diagnostics, Wi‑Fi hotspots, convenience services and usage‑based insurance. Cellular solutions dominate, while RF-based systems remain important for SVT/SVR in certain regions. Active SVT units are forecast to rise from 67.0 million to 103.4 million by 2029, and high vehicle-crime markets drive adoption.
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