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Electronic Logging Devices (ELDs) Market to grow by USD 3.59 Billion from 2024-2028, driven by improved driving quality and AI-powered market evolution – Technavio

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NEW YORK, Nov. 27, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global electronic logging devices (ELDS) market size is estimated to grow by USD 3.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 5.05% during the forecast period. Use of elds enhances quality of driving is driving market growth, with a trend towards use of analytics with ELDs. However, shortage of drivers due to use of elds poses a challenge. Key market players include AT and T Inc., Danlaw Technologies India Ltd., Donlen Corp., EROAD Inc., Garmin Ltd., Geotab Inc., HOS247 LLC, InTouchGPS, Intrepid Control Systems Inc., Masternaut Ltd., Merchants Fleet, Omnitracs LLC, ORBCOMM Inc., Pedigree Technologies LLC, Racelogic, Samsung Electronics Co. Ltd., Teletrac Navman US Ltd., TomTom NV, Trimble Inc., and Verizon Communications Inc..

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Electronic Logging Devices (Elds) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.05%

Market growth 2024-2028

USD 3591.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.72

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 53%

Key countries

US, Germany, UK, Canada, and Japan

Key companies profiled

AT and T Inc., Danlaw Technologies India Ltd., Donlen Corp., EROAD Inc., Garmin Ltd., Geotab Inc., HOS247 LLC, InTouchGPS, Intrepid Control Systems Inc., Masternaut Ltd., Merchants Fleet, Omnitracs LLC, ORBCOMM Inc., Pedigree Technologies LLC, Racelogic, Samsung Electronics Co. Ltd., Teletrac Navman US Ltd., TomTom NV, Trimble Inc., and Verizon Communications Inc.

Market Driver

The Electronic Logging Devices (ELD) market is experiencing significant growth due to the ELD mandate, which requires fleet-owning organizations to install and use ELDs in their commercial vehicles. These devices help improve operational efficiency by providing real-time data on vehicle location, fuel consumption, and driver behavior. Developed regions lead the market, with integrated systems becoming increasingly popular. Installation cost is a concern, but the benefits of ELDs, including tax reports, vehicle condition monitoring, and CO2 emission tracking, outweigh the expense. Telematics units, GSM modules, and electronic logs are essential components. Fleet management platforms like Omnitracs One offer hardware flexibility and service quality, while aftermarket services and technology partners ensure seamless integration. ELDs facilitate strategic decision-making through statistical tools and online access to delivery time, route distance, and electronic logbooks. Trucks equipped with tablets and apps like Trucker Path and Geotab ELD offer additional benefits, such as fuel tracking, temperature monitoring, breakdown assistance, and vehicle theft tracking. Despite challenges like poor connectivity and hacking concerns, the market continues to grow, with OEMs and commercial vehicle operators embracing ELDs for improved safety and regulatory compliance. 

ELDs, or Electronic Logging Devices, offer enterprises valuable insights into their fleet operations through data analysis. Analytical tools and techniques, such as forecast analytics, charts, percentage change analytics, and numerical analytics, can be employed with ELDs to uncover meaningful patterns. Vendors like Omnitracs provide integrated ELD solutions that collect continuous data from drivers and vehicles. Customizable dashboards and templates enable enterprises to monitor productivity and location-specific information, allowing for informed decision-making. 

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Market Challenges

The Electronic Logging Devices (ELD) market is experiencing significant growth due to the ELD mandate, which requires fleet-owning organizations to install and use ELDs in their commercial vehicles. These devices help improve operational efficiency by automatically recording driving hours, vehicle location, and other important data. However, challenges exist, such as installation cost, poor connectivity in remote areas, and potential hacking risks. Developed regions are leading the market, with integrated systems, telematics units, and GSM modules becoming essential components. Fleet management platforms, like Omnitracs One and Geotab ELD, offer fleet management solutions, including fuel tracking, temperature monitoring, vehicle inspection, and breakdown assistance. Fleet management platforms also provide strategic decision-making tools, such as online delivery time and route distance analysis, using electronic logbooks and statistical tools. Commercial vehicle operators can benefit from these solutions to optimize fuel efficiency, reduce CO2 emissions, and ensure vehicle condition and driver weariness compliance. Additionally, OEMs and technology partners offer aftermarket services and hardware flexibility to cater to various fleet needs. The use of ELDs also facilitates tax reporting and road transportation, including last-mile deliveries and truck operations. However, challenges such as poor connectivity, driver weariness, and hacking risks persist, requiring continuous improvement in technology and safety measures.The trucking industry is facing a significant challenge due to a shortage of drivers. In 2017, there was a shortfall of over 50,000 truck drivers in the US, and this number is projected to reach 175,000 by 2026. The main reasons for this shortage include low wages, long working hours, and the implementation of Electronic Logging Devices (ELDs). The issue is particularly acute in urban and semi-urban markets, where truck drivers earn an average of USD21 per hour according to the US Bureau of Labor Statistics. The trucking industry needs to address this issue to ensure the timely delivery of goods and maintain efficiency in the supply chain.

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Segment Overview 

This electronic logging devices (elds) market report extensively covers market segmentation by

Vehicle Type1.1 Light commercial vehicle1.2 Truck1.3 BusComponent 2.1 Telematics unit2.2 Engine module2.3 External displayGeography 3.1 Europe3.2 North America3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Light commercial vehicle- The Electronic Logging Devices (ELDs) market is primarily driven by the use of ELDs in light commercial vehicles. These devices automatically record driving time and hours of service (HOS) for commercial drivers, as well as track engine data, motion, and mileage. Compliance with industry regulations is a key benefit, allowing for real-time monitoring of drivers’ statuses for fleet managers and dispatchers. The use of ELDs is mandatory for commercial vehicles produced in model years 2000 or later, as per the Federal Motor Carrier Safety Administration (FMCSA) and the MAP-21 Act. The increasing sales and use of light commercial vehicles will fuel the growth of the ELDs market during the forecast period. ELDs ensure adherence to necessary inspections, help with schedule planning, and prevent fines and penalties for non-compliance with federal regulations.

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Research Analysis

The Electronic Logging Devices (ELD) market has experienced significant growth due to the ELD mandate implemented by regulatory bodies worldwide. These devices, used for recording hours of service (HOS) of commercial motor vehicles (CMVs), have become essential for fleet management in developed regions. Integrated systems offer operational efficiency for fleet-owning organizations by providing real-time data on fuel efficiency, CO2 emission, fuel tracking, temperature monitoring, breakdown assistance, and vehicle theft tracking. Installation cost, delivery time, and online access to internal databases are key considerations for fleet managers. Statistical tools and fleet management platforms enable strategic decision-making through the analysis of data on route distance, driver’s vehicle, and delivery time. OEMs and aftermarket service providers offer validation, triangulation, and authenticated secondary sources for enhanced service quality. Technology partners play a crucial role in the development and implementation of ELD systems.

Market Research Overview

The Electronic Logging Devices (ELD) market refers to the growing demand for technology solutions that help fleet-owning organizations comply with the ELD mandate and enhance operational efficiency. Developed regions are leading the adoption of ELD systems due to the advanced fleet management practices and the need for integrated systems that offer real-time vehicle data. ELDs consist of various components, including telematics units, GSM modules, and electronic logs, which help fleet managers monitor vehicle condition, fuel efficiency, CO2 emission, vehicle inspection, fuel tracking, temperature monitoring, breakdown assistance, and vehicle theft tracking. These systems also provide online access to tax reports, driver’s vehicle information, and real-time data on delivery time, route distance, and electronic logbooks. OEMs and aftermarket service providers offer various hardware and software solutions, while fleet management platforms like Omnitracs One, Geotab ELD, and Trucker Path provide hardware flexibility, service quality, and strategic decision-making tools. However, challenges such as installation cost, poor connectivity, hackers, and driver weariness persist, and fleet managers must navigate these issues to fully leverage the benefits of ELDs. The market for ELDs is expected to grow significantly in the coming years, driven by the increasing demand for technology solutions in road transportation and last-mile deliveries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Vehicle TypeLight Commercial VehicleTruckBusComponentTelematics UnitEngine ModuleExternal DisplayGeographyEuropeNorth AmericaAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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AI-Powered Connectivity: APAC Charts a Path to a Smarter Digital Future

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Asia-Pacific’s first Broadband Development Summit brings regulators and operators to Bangkok to set the agenda

BANGKOK, July 19, 2026 /PRNewswire/ — Government officials, standards bodies and telecom operators gathered in Bangkok on 14 July for the inaugural Broadband Development Summit APAC 2026, convened by the World Broadband Association (WBBA) to build consensus on AI-era networks.

Participants included the ITU, Thailand’s National Board of the Digital Economy and Society, WBBA, IAB, FNCAP, WAA, NIDA and the IPv6 Council, alongside operators Telkomsel, XLSmart, Surge, Globe, AIS, CMI and HKT and Huawei.

Denny Deng, President of Huawei Asia Pacific Carrier Business, envisions a “faster, smarter, greener” Asia-Pacific.

VOICES FROM THE SUMMIT

“To seize the opportunities of the AI era, we call on the industry to accelerate broadband evolution, advance computing-network synergy, and strengthen the cross-border connectivity. Together, let us build faster, smarter, and greener digital infrastructure for Asia-Pacific.”
— Denny Deng, President of Asia Pacific Carrier Business, Huawei

“High-speed broadband is no longer just about ‘getting online’ — it is the vital infrastructure upon which the entire AI revolution is being built. We view AI not merely as a tool, but as a primary engine for national competitiveness and a catalyst for improving the quality of life for all.”
— Wetang Phuangsup, Ph.D., Secretary-General, the National Board of the Digital Economy and Society, Thailand

“Three initiatives define the road to 2030. We must close the quality divide so the value of broadband reaches everyone. We must build AI-ready networks — 10G access, 800GE cores, intelligence end to end. And we must do it together, through shared standards.”
— Martin Creaner, Director General of WBBA

“Moving towards next-generation networks, network architectures must continue to evolve to deliver broader connectivity, superior quality, enhanced security, and greater intelligence. This evolution is essential for Net5.5G, positioning the network not simply as infrastructure, but as the foundation that enables AI, strengthens resilience and efficiency, and supports digital transformation across industries.”
— Dhruv Dhody, Industry Standardization Expert at Huawei, Chair of the IAB, IETF

“Across Asia-Pacific, fibre is extending beyond homes and offices into rooms, devices, and machines. By working together, we can accelerate fibre innovation and adoption to build truly AI-ready infrastructure.”
— Ilham Nandana, Chair of the Market Intelligence Committee, Fiber Network Council APAC (FNCAP)

“We fixed it before you feel it!  AIS is redefining premium home broadband by combining ultra-fast connectivity with AI-driven network intelligence and smart home ecosystem — delivering proactive, invisible service excellence that transforms connectivity into differentiated customer value and sustainable ARPU growth.”
— Thanit Chaiyaboonthanit, Head of Technology Department, Broadband Business, AIS

“Connecting the Unconnected: Affordable Broadband at Scale. Create equal access to global information and empower Indonesia’s digital society.”
— Shannedy Ong, CTO of Surge Indonesia

“Beyond Connectivity: Telkomsel is transforming into a true value creator. By leveraging our FBB market-leading footprint, we power growth through service excellence, customer loyalty, and a next-generation home ecosystem.”
— Stanislaus Susatyo, Director of Sales, Telkomsel Indonesia

“We stopped treating AI as an add-on feature. Instead, our approach at Globe starts with architecture, embedding intelligence into the very core of how we build, how we sell, and how we operate.
AI continuously monitors network health, customer behavior and service quality. Rather than waiting for failures, the system predicts degradation and initiates corrective actions. By maintaining minute-level awareness of network health, our systems automatically resolve 30% of all Wi-Fi issues without any human intervention.”
— Danny Theseira, Head of Broadband Business Group at Globe Telecom

“Huawei is driving the Optics-AI Synergy to foster their collaborative growth. Through AI-ON, operators could build an AI-centric all-optical target network and establish 1-5-20ms latency circles across the Asia Pacific region. AI-ON also supports efficient computing access and usage while delivering an ultimate network experience through gigabit/ultra-gigabit home broadband, accelerating the widespread adoption of AI services.”
— Kim Jin, Vice President & Chief Marketing Officer Optical Business Product Line, Huawei

“Connectivity is not just about technology. It is a lifeline, a platform for opportunity, and a driver of sustainable development. I believe the intersection of connectivity and artificial intelligence will shape the future of smarter, more resilient networks.”
— Dr. Cosmas Zavazava, Director of the Telecommunication Development Bureau, ITU

“Performance and user experience are the essential path to the next-generation WLAN. Based on standards and AI-driven innovation, let’s jointly explore the path to the future autonomous WLAN with all the stakeholders.”
— Dr. Crane H. Yang, Secretary-General, World WLAN Application Alliance (WAA)

“At the summit, NIDA and WBBA signed an MOU to accelerate next-generation network evolution and establish pioneering smart city benchmarks through the co-development of industry standards, the harmonization of global regulations, and the sharing of vertical industry insights.
NIDA focuses on advancing network architecture standards, while WBBA drives global consensus on broadband evolution. This natural strategic complementarity creates vast opportunities for future collaboration.”
— Joey Deng, Secretary-General of NIDA

“ION-2030 develops the global standard for next generation optical networks in the AI era. It provides exceptional AI application and service experience. The WBBA and ITU will jointly accelerate its development, and this is a unique opportunity for Asia-Pacific stakeholders to actively influence the future of optical broadband networks.”
— Dr. Marcus Brunner, Chief Expert Standardization, WBBA WG1 Chair and Vice-Chair of ETSI ISG F5G

“The transition into the AI era demands a high-quality, deterministic digital foundation. By releasing Net5.5G policy guidelines, Malaysia is accelerating the evolution of next-generation network standards based on IPv6, establishing an innovative infrastructure to unleash AI’s value and drive a prosperous digital economy for 2030.”
— Prof. Sureswaran Ramadass, Chair of APAC at IPv6 Council, Industry Partner of WBBA

“The digital economy is thriving across the Asia-Pacific region, with AI emerging as a core catalyst for intelligent transformation. China Mobile International (CMI) is driving regional growth by integrating China’s advanced AI capabilities with comprehensive communications, computing, and AI services. Moving forward, CMI will collaborate closely with industry partners to foster a shared, AI-driven future for the region.”
— Paul Lin, Managing Director of Commercial and Technology, Asia Pacific, China Mobile International

“Next-generation network infrastructure is the oxygen of the intelligent economy. By integrating cutting-edge 800G connectivity with quantum-safe security, HKT is laying the essential foundations to keep Hong Kong’s enterprises highly competitive, secure, and ready for the computing paradigm shifts of tomorrow.”
— Wilson Cheung, Vice President, Broadband Design & Cyber Security, HKT

“The evolution toward Net5.5G AI WAN is an important step in strengthening XLSMART’s transport network for the future. By progressively adopting AI-assisted operations, SRv6, SDN, service differentiation, and higher-capacity transport infrastructure, we are enhancing network intelligence, operational efficiency, and service resilience while supporting long-term sustainability. This transformation is a continuous journey that aligns with the industry’s vision of AI-native broadband networks. Through collaboration with our technology partners and the broader ecosystem, we will continue to develop capabilities that deliver better network performance and support Indonesia’s growing digital connectivity needs.”
— Regie Ginanjar, Head of Transport Autonomy & Orchestration, Transport Network Transformation, XLSMART

“For the AI era, Huawei upgrades the IP bearer network via security resilience, multi-dimensional awareness, and network autonomy. This empowers carriers to guarantee service experience, accelerate monetization, and enhance efficiency, ushering in a new chapter of intelligent connectivity.”
— Arthur Wang, Vice President of Data Communication Product Line, Huawei

A CONVERGING VIEW

Speakers agreed AI is shifting networks from connectivity to intelligent connectivity, as broadband, IP, computing and cross-border infrastructure converge to support innovation and coordination.

WBBA launched the AI-Net Certification, a global benchmark for national policy, industrial ecosystems and network intelligence. XLSmart was named first AI-Net Champion, and Indonesia was among the first with a certified operator, backed by its Net5.5G roadmap.

In another high-profile segment, WBBA Director General Martin Creaner presented the Gigacity Certification to KOMDIGI, SURGE, Telkomsel, AIS, TRUE, HKT and Globe, recognizing regional broadband pioneers.

 

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SOURCE HUAWEI

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Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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