
Market Overview With the continued expansion of logistics operations and accelerated digital transformation, long-haul trucks and logistics fleets are demanding smarter, more reliable monitoring and control systems. In 2024, the global vehicle fleet management terminal market reached approximately USD 121 billion and is projected to grow at a CAGR of 9.1% between 2025 and 2034. The growth is largely driven by the need to improve operational efficiency and meet regulatory compliance. In China, the Ministry of Transport has emphasized the importance of vehicle safety, calling for advanced video monitoring and protection systems. Despite this, many freight fleets still face critical