Global Electronic Logging Device Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

LCV, Truck, and Bus.

By Component;

Display, and Telematics Unit.

By Form Factor;

Embedded, and Integrated.

By Service Type;

Entry Level, Intermediate, and High-End.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn133210571 Published Date: May, 2025 Updated Date: June, 2025

Electronic Logging Device Market Overview

Electronic Logging Device Market (USD Million)

Electronic Logging Device Market was valued at USD 16,103.82 million in the year 2024. The size of this market is expected to increase to USD 19,142.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.5%.


Global Electronic Logging Device Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 2.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)2.5 %
Market Size (2024)USD 16,103.82 Million
Market Size (2031)USD 19,142.38 Million
Market ConcentrationHigh
Report Pages313
16,103.82
2024
19,142.38
2031

Major Players

  • Geotab Inc.
  • Verizon Connect
  • Wabco Holdings Inc.
  • Omnitracs
  • KeepTruckin
  • EROAD
  • Coretex Telematics
  • GPS Insight
  • Samsara Inc.
  • Fleetmatics
  • Eflow
  • BigRoad
  • Azuga
  • Teletrac Navman
  • Roadtec Solutions
  • Macmit LLC
  • Logit Systems Inc.
  • Gurtam
  • Onfleet

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Electronic Logging Device Market

Fragmented - Highly competitive market without dominant players


The Electronic Logging Device Market is undergoing rapid evolution as digital tools replace manual recordkeeping. A significant 60% of fleets have already migrated to ELD systems, driven by stricter compliance requirements and improved fleet transparency. These tools offer automation that simplifies driver log tracking and enhances operational governance.

Technological Advancements Enhancing Value
Modern ELD platforms are integrated with telematics, GPS tracking, and cloud analytics, unlocking a wide range of fleet efficiencies. Around 55% of operators use these systems for live monitoring and maintenance alerts. The ability to access data in real time is transforming fleet visibility and reducing delays, fueling the market’s expansion.

Focus on Operational Efficiency through Data
ELDs are now key tools for analyzing driver performance, with nearly 50% of fleet leaders using the data for insights on speeding, braking, and idle time. This enables companies to introduce incentive programs and corrective strategies, boosting efficiency while encouraging safer driving practices.

Increased Adoption by Smaller Fleets
Adoption is spreading quickly among smaller operators, which now account for over 42% of recent ELD installations. These businesses are benefiting from low-cost deployment models and easy-to-use interfaces, helping them achieve compliance and performance gains previously limited to larger competitors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Component
    3. Market Snapshot, By Form Factor
    4. Market Snapshot, By Service Type
    5. Market Snapshot, By Region
  4. Electronic Logging Device Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Mandates for Fleet Management and Driver Monitoring
        2. Rising Focus on Road Safety and Reduction of Accidents
        3. Growing Adoption of Fleet Telematics and Automation
      2. Restraints
        1. High Initial Cost of Implementation and Maintenance
        2. Data Privacy and Cybersecurity Concerns
        3. Resistance from Small Fleet Operators Due to Cost Constraints
      3. Opportunities
        1. Advancements in AI and IoT for Smart Fleet Management
        2. Expansion of ELD Solutions in Emerging Markets
        3. Integration with Advanced Driver Assistance Systems (ADAS) and 5G Connectivity
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Electronic Logging Device Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. LCV
      2. Truck
      3. Bus
    2. Electronic Logging Device Market, By Component, 2021 - 2031 (USD Million)
      1. Display
      2. Telematics Unit
    3. Electronic Logging Device Market, By Form Factor, 2021 - 2031 (USD Million)
      1. Embedded
      2. Integrated
    4. Electronic Logging Device Market, By Service Type, 2021 - 2031 (USD Million)
      1. Entry Level
      2. Intermediate
      3. High-End
    5. Electronic Logging Device Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Geotab Inc.
      2. Verizon Connect
      3. Wabco Holdings Inc.
      4. Omnitracs
      5. KeepTruckin
      6. EROAD
      7. Coretex Telematics
      8. GPS Insight
      9. Samsara Inc.
      10. Fleetmatics
      11. Eflow
      12. BigRoad
      13. Azuga
      14. Teletrac Navman
      15. Roadtec Solutions
      16. Macmit LLC
      17. Logit Systems Inc.
      18. Gurtam
      19. Onfleet
  7. Analyst Views
  8. Future Outlook of the Market