Shipments of aftermarket car telematics systems are expected to reach 38.7 million units in 2028 from 26.7 million units worldwide in 2023 — growing at a CAGR of 7.7 percent.
The number of aftermarket car telematics systems in active use is forecasted to grow at a compound annual growth rate of 9.0 percent from 87.7 million in 2023 to 135.1 million worldwide in 2028. The penetration rate will grow from 6.3 percent in 2023 to 8.6 percent at the end of the forecast period, Berg Insight estimates.
Aftermarket car telematics refers to telematics solutions developed by third-party companies (not OEMs) and retrofitted into vehicles, often through OBD-II or black-box devices using cellular/GNSS or RF technologies.
Popular applications include roadside assistance, stolen vehicle tracking (SVT), vehicle diagnostics, usage-based insurance (UBI), Wi-Fi hotspots, dealer inventory management, and various consumer convenience features.
In 2023, aftermarket car telematics shipments reached 26.7 million units, and active systems in use totaled 87.7 million worldwide.
The market is expected to grow at a CAGR of 9 percent, reaching 135.1 million active systems globally by 2028, with a penetration rate rising from 6.3 percent in 2023 to 8.6 percent.
Aftermarket telematics competes with smartphone-only and OEM solutions but maintains strong demand due to its flexibility and diverse application range.
In regions with high vehicle crime rates, like Brazil, South Africa, and Russia, SVT systems are especially popular. Vehicle theft rates in the U.S. exceeded 1 million incidents in 2023, further driving SVT adoption.
Leading companies in the aftermarket telematics space include OCTO Telematics, Procon Analytics, Spireon, Ituran, Vodafone Automotive, and Tracker Connect.
Direct-to-consumer telematics solutions are available from companies like Verizon, Mojio, and Autobrain, often combining individual and business use cases.
Companies partner with insurance providers, dealers, OEMs, mobile network operators (MNOs), and vehicle finance firms to distribute their solutions.
Telematics supports dealers and vehicle financiers by enabling remote diagnostics, CRM integration, and proactive customer management, while providing insights on fleet performance and vehicle maintenance needs.
