The installed base of video telematics systems in North America and Europe to reach 17 million units by 2029
Press Release, 15 April 2025
Berg Insight, the leading IoT market research provider, released a new market study covering the video telematics market. The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector. Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as an added feature set to conventional fleet telematics. The frontrunning North American video telematics market is more than three times the size of the European, which is so far largely dominated by activities in the UK.
Berg Insight estimates that the installed base of active video telematics systems in North America reached almost 6.1 million units in 2024. Growing at a compound annual growth rate (CAGR) of 18.0 percent, the active installed base is forecasted to reach 13.8 million units in North America by 2029. In Europe, the installed base of active video telematics systems is estimated to over 1.6 million units in 2024. The active installed base in the region is forecasted to grow at a CAGR of 15.2 percent to reach 3.3 million video telematics systems in Europe by 2029.
The video telematics market is served by a number of different types of players, ranging from specialists focused specifically on video telematics solutions, to general fleet telematics players which have introduced video offerings, and hardware-focused suppliers offering mobile digital video recorders (DVRs) and vehicle cameras used for video telematics. “Berg Insight ranks Streamax, Lytx and Samsara as the leading video telematics players in their respective categories”, said Rickard Andersson, Principal Analyst, Berg Insight. Streamax is the leading hardware provider, having more than 4 million mobile DVRs installed in vehicles globally to date, and the company also offers software dashboards which are widely used together with its devices. “Lytx is the largest video telematics solutions specialist in terms of subscribers and the company was the first to surpass 1 million vehicle subscriptions for video telematics specifically”, continued Mr. Andersson. He adds that among the general fleet telematics players, Samsara stands out as a front-running video solution provider with the largest number of camera units deployed across its subscriber base.
“Additional sizable players include the fleet management provider Motive, the hardware-focused video telematics company Howen, the channel-focused brand Xirgo and the video telematics player Netradyne, all having installed bases of at least a quarter of a million units”, said Mr. Andersson. The remaining top-10 players are VisionTrack and Nauto, which both have a primary focus on camera-based solutions specifically, as well as the fleet management provider Solera Fleet Solutions. The latter acquired the commercial vehicle telematics pioneer Omnitracs including the video safety specialist SmartDrive.
“Vendors with installed bases just outside of the top list moreover include LightMetrics and Nexar which are focused on camera-based solutions”, added Mr. Andersson. Other noteworthy players competing in the video telematics space include video-focused solution providers such as Idrive, Waylens, SureCam, Seeing Machines and CameraMatics; fleet telematics players including Powerfleet, Forward Thinking Systems, Trimble Mobility (Platform Science), Radius, Matrix iQ, ISAAC Instruments, Microlise, Azuga, AddSecure Transport Solutions, Trakm8 and EROAD; as well as the hardware-focused supplier Pittasoft (BlackVue), which have all reached estimated installed bases in the tens of thousands.
Partner-based strategies are increasingly common in the value chain for fleet telematics in general and video telematics in particular, contributing to flexible offerings through collaborative efforts. In line with an overall convergence of various types of functionality, fully integrated solutions combining fleet and video telematics are marketed by an ever-increasing range of players positioning themselves as one-stop shops.
“Perhaps the ultimate example of this development is the new Lytx+ Geotab joint offering announced this week which combines the video safety and telematics capabilities of the two respective market leaders into a single platform, offering what they call a seamless all-in-one experience that reduces the complexity of managing a fleet”, concluded Mr. Andersson.
