The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.4 million units in Q4-2022 according to a new research report from the leading IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 11.5 percent, this number is expected to reach more than 2.4 million units by 2027. A large number of vendors are active on the fleet management market in Australia and New Zealand. The top-15 players in the region together account for over 60 percent of the active units on the market, and more than a third is represented by the top-5 alone.

A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers.

“Berg Insight ranks Teletrac Navman, EROAD and MTData as the largest providers of fleet management solutions in Australia and New Zealand”, said Rickard Andersson, Principal Analyst, Berg Insight.

US-based Teletrac Navman (part of Vontier) was the first to reach 100,000 units in the region and this milestone has now also been achieved by New Zealand-based EROAD (including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra).

“The remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia”, continued Mr. Andersson.

He adds that US-based Rand McNally which acquired Fleetsu in Australia in 2022 is now also a significant player. Other notable vendors with comparably sizeable subscriber bases in the region include local solution providers such as Australia-based IntelliTrac and Linxio and New Zealand-based Smartrak (Constellation Software), as well as international players including Canada-based Geotab and South Africa-based MiX Telematics. Fleet Complete, also based in Canada, entered the region through the acquisition of Geotab’s reseller Securatrak.

“Additional top-15 players in the region are Digital Matter and Procon Telematics as well as Bridgestone Mobility Solutions’ Webfleet and Fleetdynamics by Fleetcare”, said Mr. Andersson.

Solution vendors just outside of Berg Insight’s top list moreover include Directed Technologies (Directed Electronics Australia), Sensium, Inseego, TrackIt and Microlise. Directed notably works with a large number of commercial vehicle OEMs on the local market.

“OEMs which have launched fleet telematics solutions in the region independently or through partnerships include UD Trucks, Toyota, Hino, Mitsubishi, PACCAR, Volvo Group, Daimler Truck, Fuso, Scania, MAN and Iveco”, concluded Mr. Andersson.

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The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 14.8 million at the end of 2022, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 12.4 percent, this number is expected to reach 26.5 million by 2027. The top-38 vendors have today more than 100,000 active units in Europe.

Berg Insight ranks Targa Telematics as the largest player in terms of active installed base with around 710,000 units at year-end 2022. Weebfleet’s subscriber base has grown both organically and by acquisitions during the past years and the company holds the position as the second largest provider of fleet management solutions on the European market and reached an installed base of about 680,000 units. Verizon Connect is in third place and had achieved an installed base of an estimated 490,000 units at the year-end. Calamp and Radius Telematics follow and have reached 400,000 units and 382,000 units respectively. Scania, ABAX, Gurtam, Bornemann and AddSecure Smart Transport are also ranked among the ten largest providers with 250,000–380,000 units each. Some notable players just outside of the top ten list are MICHELIN Connected Fleet, Geotab, Transics, Quartix, Eurowag Telematics, Viasat, Linqo, Microlise, Daimler Truck, Océan (Orange), Volvo, Macnil, GSGroup, RAM Tracking, MAN, Cartrack, Fleet Complete, Trimble, Optimum Automotive, Shiftmove, AROBS Transilvania Software, Inseego, Infobric Fleet and Mapon. The HCV manufacturers are now growing their subscriber bases considerably thanks to standard line fitment of fleet management solutions. Dynafleet by Volvo, FleetBoard by Daimler Truck and Scania Fleet Management are the most successful with active subscriber bases of 162,000 units, 170,000 units and 379,000 units in Europe respectively at the end of 2022.

The consolidation trend on this market continued in 2023.

Johan Fagerberg, Principal Analyst, said:

“Seven mergers and acquisitions have taken place so far this year among the vendors of fleet management systems in Europe”

In January, Coyote became majority owner of Ubiwan (51 percent). After the change in ownership, the fleet management business of Coyote has now become part of the Ubiwan business. In the same month, Vimcar and Avrios were acquired by Battery Ventures and consequently merged, resulting in a new company called Shiftmove. In February, private equity firm Idico acquired a majority stake in Simpliciti. In May, Targa Telematics acquired Viasat Group. The new larger group will have offices in eight key European countries: Italy, Portugal, Spain, France, the UK, Belgium, Poland and Romania. Mapon acquired CarCops based in Estonia in the same month which will expand the business in the country considerably. Addsecure Smart Transport acquired in October the Clifford Group which includes Traxgo, a Belgium-based company offering systems for tracking of vehicles, machines and equipment. Finally, Powerfleet and MiX Telematics announced in October an agreement to form a combined business which will be branded as Powerfleet. The transaction is expected to close in Q1-2024. Mr. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2024.

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According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 15.3 million in Q4-2022.

Growing at a compound annual growth rate (CAGR) of 12.6 percent, this number is expected to reach 27.6 million by 2027.

In Latin America, the number of active fleet management systems is expected to grow at a CAGR of 12.6 percent from 5.3 million in Q4-2022 to reach 9.6 million in 2027.

There are now more than 30 players with installed bases of over 100,000 active fleet management units in the Americas. At the end of 2022, the top-30 vendors together had nearly 15 million vehicles under management in the region and the top-10 alone represented 50 percent of the total installed base in the Americas.

Geotab, Verizon Connect and Samsara are the leading fleet telematics providers in the Americas in terms of the number of active fleet management subscribers in the region.

“Geotab is clearly in the lead with an installed base in the three million range, ahead of Verizon Connect in second place followed by Samsara”, said Rickard Andersson, Principal Analyst, Berg Insight.

The remaining top-5 players in the region are Solera Fleet Solutions and Trimble Transportation, both active in the industry for decades.

“Additional solution providers with more than half a million units include Lytx, CalAmp, Gurtam and Motive as well as Zonar Systems which is owned by Continental”, continued Mr. Andersson.

He adds that in addition to Continental, the world leading tire manufacturers Michelin and Bridgestone have also established strong positions in the fleet management space through acquisitions. The remaining top-15 players include MICHELIN Connected Fleet, Bridgestone Mobility Solutions, Fleet Complete, Powerfleet and GPS Insight (including Certified Tracking Solutions).

“Powerfleet has recently announced an agreement with MiX Telematics to form a combined business which will be branded as Powerfleet”, said Mr. Andersson.

Driven by growth strategies based on M&A activity and high-pace organic growth, Berg Insight anticipates a future scenario where the global fleet management market is dominated by a handful of providers with installed bases measured in the millions. The milestone of one million connected units worldwide has already been surpassed by more than ten solution providers. Five of the vendors have achieved two million units and two players have surpassed the three million mark.

“Geotab has this month even reached four million subscriptions globally”, concluded Mr. Andersson.

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Fleet management is a crucial aspect of various industries, from logistics and transportation to delivery services and construction. The ability to monitor and optimize a fleet of vehicles can significantly impact an organization’s efficiency and profitability. With the advent of the Internet of Things (IoT), fleet management has undergone a transformation, offering real-time tracking, predictive maintenance, and improved safety measures. In this article, we will explore the impact of IoT on fleet management, its key applications, benefits, and the future of connected fleets.

IoT in Fleet Management

Fleet management involves overseeing a fleet of vehicles, such as trucks, delivery vans, or construction equipment. Traditionally, it relied on manual processes, paper records, and limited real-time data. The integration of IoT technology has revolutionized fleet management by providing a constant stream of data and real-time insights into vehicle location, health, and driver behavior.

Key Applications of IoT in Fleet Management

1. Real-Time Vehicle Tracking

IoT enables real-time vehicle tracking using GPS and other sensors. Fleet managers can monitor the exact location of each vehicle in the fleet, allowing for route optimization and efficient dispatching.

2. Predictive Maintenance

IoT sensors on vehicles can monitor the health and performance of critical components. By analyzing data on engine status, tire pressure, and other factors, fleet managers can predict maintenance needs and schedule repairs before a breakdown occurs, reducing downtime and costs.

3. Driver Behavior Monitoring

IoT-powered devices can track driver behavior, including speed, acceleration, braking, and adherence to safety guidelines. This data is invaluable for improving driver safety, reducing accidents, and enhancing fuel efficiency.

4. Fuel Efficiency

IoT can be used to monitor fuel consumption and provide insights into improving fuel efficiency. For example, data on idling time, engine performance, and route optimization can help reduce fuel costs.

5. Route Optimization

IoT devices collect data on traffic conditions, road closures, and other factors that impact route planning. Fleet managers can use this data to optimize routes in real time, reducing travel time and fuel consumption.

6. Inventory Management

In the case of delivery or service fleets, IoT can help manage inventory on board. Sensors can track the quantity and condition of goods, ensuring that the right products are available and minimizing losses.

Benefits of IoT in Fleet Management

The integration of IoT in fleet management offers numerous advantages:

1. Real-Time Visibility

IoT provides real-time data on the location and condition of fleet vehicles. This allows for immediate response to incidents or changing conditions, resulting in improved operational efficiency.

2. Predictive Maintenance

By predicting maintenance needs, IoT-enabled fleet management reduces downtime and prevents costly breakdowns. It also extends the lifespan of vehicles and equipment.

3. Improved Safety

IoT devices monitor driver behavior, enhancing safety by encouraging responsible driving practices. Reduced accidents not only improve safety but also lower insurance premiums.

4. Cost Savings

Efficiency gains and reduced maintenance costs lead to substantial cost savings for organizations managing fleets. Additionally, improved fuel efficiency further contributes to cost reduction.

5. Enhanced Productivity

IoT-driven fleet management applications optimize processes, reduce downtime, and streamline operations. This results in increased productivity and improved resource allocation.

Challenges and Considerations

While IoT in fleet management offers numerous benefits, it also poses challenges and considerations:

1. Data Security and Privacy

The collection and transmission of sensitive data, including vehicle location and driver behavior, raise concerns about data security and privacy. Robust security measures must be in place to protect this information.

2. Standardization

Interoperability and standardization are essential for ensuring that IoT devices from various manufacturers can communicate effectively. Common protocols and standards are necessary for seamless integration.

3. Regulatory Compliance

The use of IoT in fleet management must adhere to regulatory requirements, particularly regarding driver privacy and data handling.

4. Data Overload

The continuous collection of data from numerous vehicles can result in information overload. Organizations need effective tools for data management and interpretation to extract valuable insights.

5. Workforce Training

The successful adoption of IoT in fleet management often requires workforce training and a cultural shift within organizations.

The Future of IoT in Fleet Management

As technology continues to advance, the future of IoT in fleet management looks promising. Here are some trends and developments to watch for:

1. Artificial Intelligence (AI)

IoT and AI will work together to analyze vast amounts of fleet data, offering insights for predictive maintenance, anomaly detection, and route optimization.

2. Edge Computing

Edge computing, which involves processing data closer to the data source, will become more prevalent. This reduces latency and can be crucial for applications that require rapid decision-making.

3. 5G Connectivity

The rollout of 5G networks will provide faster and more reliable connectivity for IoT devices, enabling real-time data transmission and better support for fleet management applications.

4. Autonomous Vehicles

IoT-enabled fleet management will play a crucial role in the development of autonomous vehicles. These vehicles rely on a multitude of sensors and real-time data for navigation and decision-making.

5. Blockchain Technology

Blockchain can be used to enhance the security and integrity of fleet management data, ensuring that data remains accurate and private.

Conclusion

The Internet of Things is revolutionizing fleet management by providing real-time visibility, predictive insights, and automation. Challenges related to data security, standardization, and workforce training must be addressed to ensure that the benefits of IoT in fleet management are fully realized.

As IoT technology continues to evolve, it will remain a driving force in fleet management, offering a glimpse into a future where organizations have unprecedented control and visibility over their fleets, leading to increased efficiency, cost savings, and improved safety.

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Seafarers on IoT-enabled vessels will be ‘nudged’ to make sustainable operational decisions in new partnership.

Today, behavioural change startup Signol launches a first-of-its kind project with Stolt Tankers to further reduce shipping emissions by using IoT data to help seafarers understand the impact of their actions on overall fuel consumption and CO2 emissions and motivate them to adopt new behaviours.

By combining sensor data with behavioural change techniques, Stolt Tankers is pioneering a human-centered, tech-enabled approach to improving fuel efficiency and reduce shipping’s environmental impact.

The six-month pilot project will run on seven vessels, using Signol’s data-led service to engage seafarers and motivate them to reduce fuel consumption.

Five of the vessels use continuous monitoring (IoT) data through sensors connected directly into the ship’s power management and automation systems, providing a comprehensive and real-time view of what the crew experiences onboard.

Monitoring data will be used to create fair, achievable behavioural goals linked to three actions carried out on the ships: main and auxiliary engine performance and trim optimisation.

By using real-time IoT data as opposed to static snapshots of a ship’s status (e.g. noon reports), Stolt Tankers and Signol can enable crew and shoreside teams to make more proactive and immediate decisions, leading to improved operational efficiency, reduced fuel consumption, and enhanced safety..

IoT data includes a wider range of data points than noon reports and so provides better insights on the factors affecting whether or not crew members can implement emissions-reducing behaviours.

This depth of insights will help seafarers understand the impact of their actions on overall fuel consumption and CO2 emissions, and provide tools that the Stolt Tankers management team can use to encourage and highlight their crew’s sustainability efforts.

Harriet Johnson, Head of Maritime at Signol says:

“Seafarers are frequently making high-consequence decisions with multiple priorities to consider. Their role needs to be recognised, and the complexities involved in each of these decisions must not only be respected but also aided in a sustainable and positive manner.”

Stolt Tankers’ partnership with Signol supports its continuous improvement programme and sustainability ambition to become a carbon-neutral business by 2050.

Maren Schroeder, Managing Director of Stolt Tankers, says: “For every goal achieved through the system we commit to planting three mangrove saplings at the Stolt Tankers Mangrove Forest in the JBLFMU Ecological Park, the Philippines. Not only will this initiative help us to reach our sustainability ambitions, but it also helps to protect the local ecosystem close to where many of our crews call home..”

Signol’s proven track record consistently shows fuel savings exceeding 5% in the maritime sector, delivering a return on investment in the months after launch without requiring additional capital investment. This model aligns with the needs of shipping companies’ fleet performance and fuel managers who are looking for an effective solution that delivers data-driven insights, measurable results, and a good return on investment.

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According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.1 million in Q4-2022.

Growing at a compound annual growth rate (CAGR) of 12.2 percent, this number is expected to reach 3.8 million by 2027.

South Africa is a relatively mature telematics market and the penetration rate is comparably high from an international perspective. Far from all deployments are however full-scale advanced fleet management solutions. A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light FM solutions, including SVR systems extended with basic FM features.

The South African fleet management market is clearly dominated by five domestic players with broad telematics portfolios that together represent 70 percent of the total number of fleet management systems in use in the country.

Rickard Andersson, Principal Analyst, Berg Insight, said:

“Berg Insight ranks Cartrack, Tracker and MiX Telematics as the largest providers of fleet management solutions in South Africa.”

He adds that Cartrack alone has more than half a million active FM units in the country.

“The remaining top-5 players are Ctrack and Netstar”, continued Mr. Andersson.

Other top-10 players on the South African fleet management market include local providers such as Bidtrack (Bidvest Group), Digicell and GPS Tracking Solutions (Eqstra Fleet Management), as well as international players including Webfleet (Bridgestone) and Gurtam. Lytx, Autotrak, Digital Matter, Scania and Powerfleet (Pointer SA) are additional top-15 providers, all having estimated installed bases of at least 15,000 fleet management units in the country. Players just outside of the top list include Key Telematics/Radius Payment Solutions, Geotab, Mtrack (Electronic Tracking Systems), iCAM Video Telematics, FleetCam and Globaltrack.

“In addition to Scania, comparably large installed bases of OEM fleet telematics systems in South Africa have also been achieved by manufacturers such as Daimler Truck, UD Trucks and Volvo Trucks”, concluded Mr. Andersson.

The new study also includes an outlook on the overall African market. Africa is clearly a highly diverse geographic region from a fleet management perspective. The continent can in general be divided into three subregions – South Africa, Sub-Saharan Africa (excluding South Africa) and Northern Africa. The South African fleet telematics market is far ahead of the rest of the continent in terms of adoption, whereas Sub-Saharan Africa is the least developed region if excluding South Africa. Northern Africa is comparably advanced and well ahead of Sub-Saharan Africa when it comes to fleet telematics penetration, though still quite a bit behind South Africa.

The African fleet management market beyond South Africa is by many industry representatives described as challenging. The weak economic conditions and foreign exchange rate fluctuations in combination with the unstable political climate make the Rest of Africa market a challenging business environment overall. There are however promising prospects for players adapting to the local market dynamics as the Rest of Africa market has considerably more untapped opportunity than what South Africa can offer at this stage.

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Berg Insight, the leading IoT market research provider, today released a new market study covering the material handling equipment (MHE) telematics market.

An increasing share of material handling equipment such as forklifts are now equipped with telematics-enabled fleet management systems. Europe and North America represent advanced telematics markets in this segment. Berg Insight estimates that the installed base of active material handling equipment telematics systems in Europe reached more than 0.9 million units in 2022. Growing at a compound annual growth rate (CAGR) of 16.6 percent, the active installed base is forecasted to reach 2.0 million units in Europe by 2027.

In North America, the installed base of active material handling equipment telematics systems is estimated to over 0.5 million units in 2022. The active installed base is forecasted to grow at a compound annual growth rate (CAGR) of 17.8 percent to reach 1.2 million material handling equipment telematics systems in North America in 2027.

“Material handling equipment telematics systems have been offered by equipment manufacturers and aftermarket providers alike for decades”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that Berg Insight ranks Linde Material Handling (KION Group) and Toyota Material Handling (Toyota Industries) as the largest providers of material handling equipment telematics solutions. Including the sister brands STILL (KION Group) and Raymond (Toyota Industries) respectively, both groups have installed bases of several hundred thousand units deployed on forklifts and similar. “Toyota Industries and KION are also established as the leading manufacturers of forklifts”, continued Mr. Andersson.

Additional top players include Jungheinrich and Crown Equipment, both having estimated installed bases of over 100,000 active units, followed by Speedshield Technologies which is primarily a supplier to Hyster-Yale Group (HYG). Other leading aftermarket solution providers include Powerfleet and GemOne.

“Diverse players such as Davis Derby, EC2E, Collective Intelligence, Komatsu, Litum, Kiwitron and ELOKON are also active in this space, all having installed bases of more than 10,000 units for material handling equipment such as forklifts”, concluded Mr. Andersson.

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Berg Insight today released new findings about the market for Intelligent Transport Systems (ITS) for electric buses.

The market value for electric bus ITS deployed in European public transport operations was € 57.1 million in 2022. Growing at a compound annual growth rate (CAGR) of 39 percent, this number is expected to reach € 297.2 million by 2027. The North American market for electric bus ITS is similarly forecasted to grow at a CAGR of 30 percent from € 15.5 million in 2022 to reach € 58.2 million in 2027.

Berg Insight is of the opinion that the market for ITS solutions for electric buses is in a growth phase which will last for several years to come. Mega-challenges such as urbanisation, climate change and traffic congestion continue to encourage investments in electric buses and ITS, contributing to a positive outlook for the market.

Some ITS players offer complete turnkey solutions including functionality for most of the ITS applications for electric buses utilised by public transport operators, but many vendors on the market are also specialised ITS players focusing on a few sub-systems. Major international ITS players such as INIT, IVU, Clever Devices and Trapeze can provide turnkey solutions, including solutions for electric buses. ITS providers are beginning to see larger scale implementations of electric bus fleets after several years of mostly pilot projects with only a few vehicles each.

One of the leading telematics providers in Europe and North America for electric buses is ChargePoint, following its acquisition of Dutch ViriCiti in 2021. ChargePoint has increased its footprint in the fleet segment significantly and added both hardware and software solutions for the management of buses to its portfolio of charging station hardware, software and services. Other important vendors serving public transport companies with different types of solutions include the French group EQUANS through the subsidiary Ineo Systrans, as well as the Scandinavian companies Consat Telematics, FARA and Saga Tenix. The Canadian company GIRO is an important player in the scheduling and planning segment, while PSI Transcom is a prominent provider of depot and charging management software in Europe.

“Implementations of electric bus fleets are really starting to take off and there are already several cities in Europe with fleets operating over 100 electric buses”, said Caspar Jansson, IoT Analyst, Berg Insight.

The integration of electric buses and charging stations increases the need for ITS solutions connecting all the necessary infrastructure including electric buses, charging stations and depots. Many operators and agencies start by investing in a basic monitoring solution, but as the bus fleets go from pilot projects to larger deployments, the actors need to complement with additional subsystems for dispatching, scheduling, charging station management and depot management.

Mr. Jansson concluded:

“Operators face greater complexity with large electric vehicle fleets. Optimizing routes and supplying the required energy at the right time to the right vehicle is significantly easier with a modern ITS solution for electrified fleets.”

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The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.3 million units in Q4-2021 according to a new research report from the leading IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 12.5 percent, this number is expected to reach more than 2.3 million units by 2026. A large number of vendors are active on the fleet management market in Australia and New Zealand. The top-15 players in the region together account for over 60 percent of the active units on the market, and more than a third is represented by the top-5 alone.

“A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers”, said Rickard Andersson, Principal Analyst, Berg Insight.

Berg Insight still ranks US-based Teletrac Navman (part of Vontier) as the largest provider of fleet management solutions in the region, followed closely by New Zealand-based EROAD (including Coretex acquired in 2021) and Australia-based MTData (owned by Telstra).

Mr. Andersson continued:

“Teletrac Navman was the first to reach 100,000 units in the region and this milestone has now also been achieved by EROAD and MTData.”

He adds that the remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia. Other notable vendors with comparably sizeable subscriber bases in the region include local solution providers such as Australia-based Fleetsu (now Rand McNally), IntelliTrac and Linxio and New Zealand-based Smartrak (Constellation Software), as well as international players including South Africa-based MiX Telematics and Canada-based Fleet Complete. The latter entered the region through the acquisition of Geotab’s reseller Securatrak. Additional top-15 players in Australia and New Zealand are Webfleet (Bridgestone), Procon Telematics, Digital Matter and Sensium. Solution vendors just outside of Berg Insight’s top list moreover include Simply Unified, TrackIt, Directed Electronics Australia, Fleetdynamics by Fleetcare and Inseego.

“Directed Electronics Australia notably works with a large number of commercial vehicle OEMs on the local market”, concluded Mr. Andersson.

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The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 13.2 million at the end of 2021, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 13.6 percent, this number is expected to reach 25.0 million by 2026.

The top-34 vendors have today more than 100,000 active units in Europe. Webfleet’s subscriber base has grown both organically and by acquisitions during the past years and the company is the clear market leader on the European market and reached an installed base of about 700,000 units at year-end 2021. Berg Insight ranks Targa Telematics as the second largest player in terms of active installed base with around 645,000 units. Verizon Connect is in third place and had achieved an installed base of an estimated 478,000 units. Scania and ABAX follow and have reached 363,000 units and 349,000 units respectively. Calamp, Gurtam, Radius Telematics, Bornemann and Michelin Connected Fleet are also ranked among the ten largest providers with 250,000–320,000 units each. Some notable players just outside of the top ten list are AddSecure Smart Transport, Transics, Viasat, Quartix, Océan (Orange), GSGroup, Daimler Truck, Teletrac Navman, Fleet Complete, Macnil, Volvo, Microlise, Linqo, RAM Tracking, MAN, Cartrack, Trimble, Geotab, Eurowag Telematics, Infobric Fleet and Inseego.

The HCV manufacturers are now growing their subscriber bases considerably in Europe thanks to standard line fitment of fleet management solutions. Dynafleet by Volvo, FleetBoard by Daimler Truck and Scania Fleet Management are the most successful with active subscriber bases of 145,000 units, 156,000 units and 363,000 units respectively at the end of 2021.

The consolidation trend on this market continued in 2022. Johan Fagerberg, Principal Analyst, Berg Insight, said:

“Seven mergers and acquisitions have taken place so far this year among the vendors of fleet management systems in Europe.”

In January, Infobric Group acquired Total Car’s logbook and driver journal business. Zucchetti Group divested its share in Macnil back to the founders that now own 100 percent. In July, the W.A.G. Payment Solutions (Eurowag) Group completed an acquisition of substantially all of the assets of WebEye. MiX Telematics acquired Trimble’s Field Service Management’s (FSM) business in August. FSM will add more than 40,000 subscribers to MiX’s subscriber base. In August, ABAX acquired the fleet business of Connected Cars in Denmark. In September, Main Capital Partners acquired a majority share in FleetGO and at the same time also Wanko. The two companies will merge into a comprehensive logistics software group called FleetGO Group. Finally, Eurowag announced in October the acquisition of INELO Group from Innova Capital. The transaction will expand Eurowag’s geographic footprint across 16 European markets and roughly double its base of telematics devices. Mr. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2023.

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According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 13.7 million in Q4-2021.

Growing at a compound annual growth rate (CAGR) of 13.7 percent, this number is expected to reach 26.0 million by 2026. In Latin America, the number of active fleet management systems is expected to grow at a CAGR of 12.6 percent from 4.7 million in Q4-2021 to reach 8.5 million in 2026.

There are now more than 30 players with installed bases of at least 100,000 active fleet management units in the Americas. At the end of 2021, the top-30 vendors together had 13 million vehicles under management in the region and the top-10 alone represented 50 percent of the total installed base in the Americas.

“Geotab and Verizon Connect are the leading fleet telematics providers in the Americas”, said Rickard Andersson, Principal Analyst, Berg Insight. The frontrunner Geotab has well over 2 million active fleet management subscribers in the region. “The remaining top-5 players are Trimble and Solera Fleet Solutions, both active in the industry for decades, as well as the relative newcomer Samsara”, continued Mr. Andersson. He adds that additional solution providers with more than half a million units include Motive (formerly KeepTruckin), Lytx and Zonar Systems (Continental). The remaining top-15 players include Gurtam, Fleet Complete, Michelin, CalAmp, Bridgestone, Teletrac Navman and Powerfleet.

“The world leading tire manufacturers Michelin and Bridgestone as well as Continental have all established strong positions in the fleet management space through acquisitions”, said Mr. Andersson.

Driven by growth strategies based on M&A activity and high-pace organic growth, Berg Insight anticipates a future scenario where the global fleet management market is dominated by a handful of providers with installed bases measured in the millions. The milestone of one million connected units has already been surpassed by over ten solution providers.

Mr. Andersson concluded:

“Four of the vendors have reached two million units and two players has even surpassed the three million mark.”

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According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 86.0 million people in 2021 at a compound annual growth rate (CAGR) of 21.1 percent to reach 224.3 million people in 2026.

Berg Insight forecasts that the number of vehicles used for carsharing services will grow at a CAGR of 12.5 percent from 539,000 at the end of 2021 to 973,000 at the end of 2026. The carsharing fleet grew 2.2 percent worldwide in 2021 and performance varied on regional level.

Martin Cederqvist, IoT analyst at Berg Insight, said:

“While the Covid-19 pandemic has created challenges for carsharing operators in China, the European market continues to show good uptake and grew 21 percent in terms of fleet size in 2021.”

The South American and Middle Eastern markets have grown rapidly in the past year. The North American market has struggled in recent years, but partly recovered in 2021 when the total fleet size increased by 16.2 precent while membership decreased by 4.3 percent.

CarSharing Organisations (CSOs) offer members access to a fleet of shared cars 24/7 from unattended self-service locations. Usage is billed by the minute/hour and by distance driven, with rates that include fuel, insurance and maintenance. Today, most CSOs use station-based networks with roundtrip rental. This operational model requires members to return a vehicle to the same designated station from which it was accessed.

Another model that is rapidly gaining in popularity is free floating carsharing, which enables members to pick up and drop off cars anywhere within a designated area. In recent years, a number of CSOs have also experimented with hybrid models of roundtrip rentals and free floating carsharing. Some CSOs also offer one-way carsharing that enables users to return the car to any station operated by the CSO.

“During the COVID-19 pandemic, CSOs adjusted their offers to meet new mobility needs of their customers such as longer rentals, short trips replacing public transport and taxi as well as an increased demand for roundtrip rentals as a replacement for car ownership”, said Mr. Cederqvist.

A connected fleet and specialized software platforms are today necessary to run a carsharing business covering operational activities ranging from management of in-vehicle equipment, fleet management, booking management, billing, as well as operations supervision via dashboards and data analytics. While some CSOs are using in-house developed hardware and software solutions for their operations, the majority sources these kinds of products and services from specialised technology vendors.

Some of the vendors offer an end-to-end solution including both telematics equipment and software platforms while other vendors focus on one of the areas. Leading vendors of hardware and software telematics platforms enabling carsharing services include INVERS, Convadis, Continental, Octo Telematics, Vulog, Mobility Tech Green, Targa Telematics and Glide.io.

Carsharing services are offered by specialist carsharing companies, car rental companies, leasing companies, carmakers, as well as other players such as public transport operators. Examples of leading CSOs owned by carmakers include Free2Move (owned by Stellantis), Volvo On Demand (Volvo Car Mobility), Wible (owned by Kia) and Toyota (Kinto Share).

“In recent years, a few carmakers have exited the carsharing market. BMW and Daimler left the market when they sold their joint venture SHARE NOW to Stellantis in 2022. Similarly, Volkswagen left the market in November 2022 as the carsharing service WeShare was acquired by the German CSO Miles. Stellantis now runs the leading carsharing operator in the car OEM segment Free2Move where SHARE NOW was incorporated in 2022”, said Mr. Cederqvist.

Sixt Share (owned by Sixt), Zipcar (owned by Avis Budget Group) and LeasysGO! (owned by Leasys) are examples of carsharing companies owned by car rental and leasing players. Specialised CSOs include Times Car Plus in Japan, Socar in South Korea, Liandong Cloud and EvCard in China, Enjoy in Italy, Mobility Carsharing in Switzerland, Stadtmobil, Flinkster, Miles and Cambio in Germany, Communauto in Canada and GoGet in Australia.

“The top 25 carsharing service providers accounted for about 71 percent of the carsharing members and managed close to 61 percent of the carsharing fleet worldwide at the end of 2021”, concluded Mr. Cederqvist.

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The global fleet industry continues to thrive despite the continuous disruption brought about by COVID-19 and the Russia-Ukraine crisis. In fact, a feature by Valuates Reports highlights that the global fleet management industry is expected to reach $52.5 billion by 2030, which is a significant increase compared to its value in 2020.

Despite the industry’s positive outlook, fleet management companies face a lot of pressing issues. Fluctuating fuel costs, vehicle maintenance, asset utilization, and compliance requirements are some of the concerns that fleet managers need to get under control. That said, tools such as data platforms, which collate relevant and important fleet data, have gained prominence in the fleet management industry.

In this post, let’s take a closer look at how data platforms boost the efficiency and effectiveness of fleet management companies.

Data platforms enhance predictive maintenance

From vehicles to warehouses, there are plenty of things that need regular maintenance in fleet management companies. However, it can be hard for fleet companies to anticipate when their assets will need maintenance. That said, a data analytics platform can enable predictive maintenance in fleet management companies. An article explaining data platforms on MongoDB notes that such software allows organizations to run complex queries using data they already have. Feeding vehicle data and other relevant quantifiable information to a data analytics platform can provide insights that help fleet management companies foresee upcoming issues and vehicle health concerns, saving them from costly repairs down the line.

Data platforms can improve fleet routes

One of the best applications of data platforms in the fleet management industry is its ability to construct more efficient fleet routes. Our article ‘Tracking Based on GPS and the “Internet of Things’ points out that fleet management companies today use IoT devices to track their fleets, monitor road traffic, and weather systems. Because of this, IoT devices hold a lot of real-time data that can help fleet management companies devise the most optimized path for their vehicles, which can help save money, fuel, and time ⁠— even if the proposed route is not the shortest one.

Data platforms make it easier to oversee demand and inventory shifts

As a key part of the global supply chain, fleet management companies recognize how vulnerable supply chains are. To help avoid being too affected by disruptions in the supply chain, fleet management organizations must be prudent in realizing future crises and potential industry setbacks like inventory and demand shifts. With the data analytics services powered by artificial intelligence, fleet management companies can gain insight reports regarding demand and inventory trends. Moreover, data analytics algorithms can also notify fleet companies when a demand spike might hit the market, allowing them to sort their affairs in order and prevent shortages. Such technology is used by huge companies like Amazon, which has an anticipatory shipping process in place that notifies them when a customer might potentially buy an item.

Data platforms help avoid low quality shipments

One of the biggest problems faced by fleet management companies is the deterioration of products during transit. This happens due to delays, as well as various transport conditions such as weather and improper handling. Through reports generated by data platforms, fleet management companies can predict and avoid certain situations that can degrade the quality of shipments. In addition, data platforms also improve the transparency in fleet management companies, allowing them to see any problem areas that they might not be aware of. This can work especially well for fleet management companies that work with perishable shipments like food, plants, and pharmaceutical products.

Data platforms help boost customer service

Keeping customers and clients satisfied is a high priority for businesses in the fleet management industry. That’s why fleet management companies invest a lot of money on efficiency-boosting technologies like data platforms. A post on the online community Smart Data Collective reports that by using a tool that aggregates and processes relevant data, companies can closely monitor their fleet’s activity and productivity. Furthermore, it also allows them to build a deeper relationship with clients as such data platforms have features that create unique customer user profiles by combining data from sources such as emails, websites, transactions systems, and CRMs.

Based on the points we’ve listed above, there’s no doubt that data platforms can greatly improve the efficiency of fleet management companies.

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The global IoT fleet management market is expected to value US$ 22.2 Billion in 2032, against US$ 7.3 Billion in 2022.

The industry is likely to flourish at a CAGR of 11.5% during the forecast period from 2022-to 2032. From 2021-to 2022, the Y-o-Y growth rate is estimated at 19.6%. Development of the market can be attributed to the deployment of advanced connecting technologies in fleet management. Advanced technologies such as; GPS, cloud-based, and big data analytics provide developed software, which is expected to offer various lucrative opportunities to the players.

With the advent of vehicular internet connectivity, there has been a rise in demand for developed methods to regulate the fleet. Moreover, with increasing demand for real-time fleet monitoring, with rising digitalization, the industry is anticipated to flourish significantly in the forecast period. Players in the market are taking several initiatives to offer a modern software solution to manage the fleet. For instance, in August 2021, eBikeGo launched a developed AI and IoT-based fleet management system. The system is known as EBG-Matics which analyses vehicles and riders to augment efficiency.

Deployment of mobility-as-a-service by mobile industries and government authorities to monitor carbon emissions and reduce traffic congestion is projected to benefit the market in the assessment period. Key players in ride-sharing such as; Ola, Uber, Lyft, and DiDi are likely to grab the opportunities for autonomous fleet management in the forecast period. For instance, in July 2020, Ola Corporate disclosed a mobility service in the U.K. The company aimed to diversify its mobility options and help in customizing ride policy.

Key Takeaways from the Market Study

• The global IoT fleet management market to value US$ 22.2 Billion by 2032
• global IoT fleet management industry to project a growth rate of 11.8% from 2022-2032
• The U.S market to value US$ 5.2 Billion by 2032
• Market in the U.K to expand at 12.8% by 2032
• Industry in India to exhibit a CAGR of 13% from 2022-2032
• Market value of China expected to secure US$ 1.5 Billion by 2032
• Japanese market to grow at a 12.5% CAGR during the forecast period
• The Private segment to flourish at 12.4% from 2022-2032
• The routing management segment to expand at 11.2% during the assessment period

An analyst at Fact.MR remarks:

“Increasing integration of smartphones and vehicles is expected to offer a significant boost to the expansion of IoT fleet management market in the forecast period. Also, the growing concern of fluctuating costs of fuel and rising maintenance costs are likely to play a salient role in strengthening the demand for efficient IoT fleet management systems.”

Competitive Analysis

Key players in the global IoT fleet management are focusing on expanding their influence through product development, collaboration, and mergers and acquisition among others. Recent key developments among players are:

• In December 2021, GPS insight announced the acquisition of FieldAware field service automation software, Developer Company for field service, telematics software, and fleet management.
• In January 2020, Geotab Inc. launched ‘UNIFY’ in a strategic partnership with Eleos Technologies in CA. Eleos Technologies is a Software-as-a-Service provider for transportation. The UNIFY platform aims to offer customized fleet management systems and FMCSA-compliant ELD for augmented solutions and insights.

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According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2.0 million in Q4-2021.

Growing at a compound annual growth rate (CAGR) of 12.6 percent, this number is expected to reach 3.6 million by 2026. South Africa is a relatively mature telematics market and the penetration is comparably high from an international perspective. Far from all deployments are however full-scale advanced FM solutions. A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light FM solutions, including SVR systems extended with basic FM features.

“The South African fleet management market is clearly dominated by five domestic players with broad telematics portfolios, collectively representing 70 percent of the total number of fleet management systems in use in the country”, said Rickard Andersson, Principal Analyst, Berg Insight.

He adds that Berg Insight ranks Cartrack and MiX Telematics as the largest providers of fleet management solutions in South Africa. Cartrack alone has more than half a million active FM units in the country.

“The remaining top-5 players are Tracker, Netstar and Ctrack”, continued Mr. Andersson.

Other top-10 players on the South African fleet management market include local vendors such as Bidtrack (Bidvest Group), Digicell and GPS Tracking Solutions (Eqstra Fleet Management), as well as international players including Webfleet Solutions (Bridgestone) and Gurtam. Autotrak, Digital Matter, PFK Electronics, Key Telematics/Radius Payment Solutions and Pointer SA (PowerFleet) are additional top-15 providers, all having estimated installed bases of at least 15,000 fleet management units in the country. Players just outside of the top list include Mtrack (Electronic Tracking Systems), Geotab and Globaltrack.

“International commercial vehicle OEMs including Scania, Daimler, Volvo Trucks, UD Trucks, MAN and Toyota have further all introduced fleet telematics solutions in South Africa”, concluded Mr. Andersson.

Berg Insight’s report on Fleet Management in South Africa also includes an outlook on the overall African market. Africa is clearly a highly diverse geographic region from a fleet management perspective. The continent can in general be divided into three subregions – South Africa, Sub-Saharan Africa (excluding South Africa) and Northern Africa.

The South African fleet telematics market is far ahead of the rest of the continent in terms of adoption, whereas Sub-Saharan Africa is the least developed region. Northern Africa is comparably advanced and well ahead of Sub-Saharan Africa when it comes to fleet telematics penetration, though still quite a bit behind South Africa.

The African fleet management market beyond South Africa is by many industry representatives described as challenging – though certainly also promising – for several reasons. The weak economic conditions and foreign exchange rate fluctuations in combination with the unstable political climate make the Rest of Africa market a challenging business environment overall. There are however promising prospects for players adapting to the local market dynamics as the Rest of Africa market has considerably more untapped opportunity than what South Africa can offer at this stage.

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Berg Insight, the leading IoT market research provider, today 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 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 2.9 million units in 2021.

Growing at a compound annual growth rate (CAGR) of 16.5 percent, the active installed base is forecasted to reach almost 6.3 million units in North America by 2026. In Europe, the installed base of active video telematics systems is estimated to over 0.9 million units in 2021. The active installed base in the region is forecasted to grow at a CAGR of 17.9 percent to reach 2.1 million video telematics systems in 2026.

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.

He adds that Streamax is the leading hardware provider, having more than 2.1 million mobile DVRs installed in vehicles worldwide to date, and the company also offers software dashboards which are widely used together with its devices.

“Lytx has the largest number of video telematics subscriptions, while Samsara stands out among the general fleet telematics players with a significant number of camera units deployed across its subscriber base”, continued Mr. Andersson.

Additional sizeable players in this space include the video telematics company SmartWitness (owned by Sensata), the fleet management player Motive (formerly KeepTruckin), the commercial vehicle telematics pioneer Omnitracs (owned by Solera) including the acquired video safety specialist SmartDrive, the hardware-focused video telematics company Howen, and the vision-based safety platform provider Netradyne.

Other noteworthy players competing in the video telematics space include video-focused solution providers such as Nauto, VisionTrack, Bendix (SafetyDirect by Bendix CVS), SureCam, LightMetrics, Idrive, Seeing Machines, CameraMatics, Exeros Technologies, Waylens and Vision Techniques; fleet telematics players including Trimble, Matrix Telematics, Radius Telematics, MiX Telematics, Azuga, Microlise, Forward Thinking Systems, ISAAC Instruments, Trakm8 and AddSecure Smart Transport; as well as the hardware-focused supplier Pittasoft (BlackVue).

Mr. Andersson concluded:

“These players have all reached estimated installed bases in the tens of thousands.”

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Running a field service business comes with a lot of benefits and its fair share of challenges. One of the main problems faced by such companies is the management of their motor vehicles and other moving machines. Ensuring that every van or truck is fueled and well serviced before resuming weekly duties can be an enormous challenge.

If you’re in this industry, however, it’s important to note that fleet management is an essential part of field service business growth. It gives you the resources you need to scale your company and serve more clients within the shortest time possible. Whether you’re using software or have a dedicated team of employees to monitor your fleet, such strategies can also protect your business against unseen costs. (1)

This article aims to discuss some benefits of integrating a fleet management system into your field service business. Read on to learn more!

Manage maintenance and fuel costs

As the number of vehicles increases, the costs of maintaining and fueling them rises too. Having separate daily expense reports from different drivers will make it difficult for you to monitor the total spend resulting from the vehicles and plan ahead. With such raw data, you’re also likely to make mistakes in your manual calculations, and this can have repercussions on your business.

With a fleet management system, however, you will be able to compile reports from all drivers and have them in one file. This way, you can easily access the total expenses, monitor the daily or weekly spending, and make the necessary adjustments to plan ahead financially.

Periodic reports from drivers can help in the management process, but they only capture a static view. Fleet management systems can show real-time changes, making it easier to implement any adjustments to ensure that targets are met.

Improve customer retention rate

The success of most businesses isn’t only dependent on the acquisition of new clients but also its ability to retain existing customers. The higher your company’s customer retention rate, the higher its chances of success. So, how does a fleet management system help this?

Take, for example, a company working within the construction industry. Such businesses use scheduling software applications, like the one from Jobber, to make sure that their operations are in sync with their customer’s needs and expectations. Integrating a fleet management system to such business processes will ensure that all the technicians can arrive on time to their scheduled appointments, with the right tools and resources needed to carry out the job. Customers are served on time, as diarized, and the incidents of missed or cancelled appointments is greatly reduced. (3)

In the long run, you’ll be able to increase customer satisfaction since the services will be delivered to them within the expected timeframe, and any unprecedented delays can be communicated beforehand. By doing so, you’ll stand the best chances of being able to retain your valued customers.

Ensures safe and reliable vehicles

Imagine the unenviable situation where you get a call from one of your customers who needs you to perform a site visit at short notice. You then realize that your mode of transport has an issue and cannot get you there. Not only will you lose out on the job, but your customer is also likely contact one of your competitors to help them instead.

Such scenarios are common with start-up businesses and contribute to the reasons that many of them fail to survive past their first 5 years. By planning ahead and having a fleet maintenance management system in place will ensure that you’re aware of all your vehicles’ whereabouts and their conditions. So, in case one breaks down, you can schedule repairs and maintenance to get the issue resolved and organize a replacement vehicle in the meantime. (2)

Apart from increasing reliability, fleet management also ensures the safety of the people using the vehicles. A poorly maintained car or van will endanger your employees’ safety on the road. Important maintenance alerts can be scheduled using the management system to avoid impacting customers and affecting their levels of experience with your company.

Conclusion

Statistics show that the number of fleet management systems is expected to increase by a significant margin in the coming years. This means there are many companies out there that have already seen the importance of this technology and are starting to embrace it.

If you have a fleet and are looking to handle them in-house, this is the best time to opt for professional fleet management. With this system, you can manage the cost of many things, such as fuel and maintenance. You’ll also improve the reliability and safety of your vehicles, helping you avoid any unnecessary internal and external frustrations.

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World’s connected transportation leader wins contract for fleet-wide deployment of telematics in U.S. government vehicles.

With a standing reputation as the chosen solution provider for all levels of government across North America, Geotab Inc. (“Geotab”), a global leader in IoT and connected transportation, today announced it has been awarded a sole-source contract by the United States Department of the Air Force, the air service branch of the United States Armed Forces.

As part of this contract, the Department of the Air Force will equip its over 21,000 general purpose vehicles with Geotab’s trusted fleet management technology.

Geotab puts security at the forefront of its solutions by ensuring rigorous security measures that meet and exceed industry best cybersecurity practices. The company has received FIPS 140-2 validation for its cryptographic library in February 2019 and more recently, FedRAMP authorization and ISO 27001 certification for its telematics platform. These compliance certifications and authorizations validate Geotab’s system and organizational processes, enabling the company to offer its fleet management services to all levels of federal, state and local government agencies.

“Governments across the globe are turning to telematics for enhanced fleet management. With its unwavering commitment to information security, Geotab is trusted by over 2000 government agencies and departments at all levels to capture, measure and analyze crucial fleet data with unparalleled granularity,” said Dan Zdarko, Business Development Manager, Federal Government at Geotab.

“Winning this sole-source contract from the Department of the Air Force further solidifies Geotab’s ability to collaborate with agencies that operate at the highest levels of national data security and to provide a customized and highly secured telematics solution.”

The secure and customized fleet management technology includes the following features to help the Department of the Air Force more effectively manage its vehicles.

• Automated odometer capturing
• Engine diagnostics
• Predictive analytics
• Fuel data
• Custom reporting
• GHG Reduction Dashboards
• Fleet Right-Sizing Reporting

Selected for its integration capacity and proven commitment to information security, the sole-source award from the Department of the Air Force yields an Authorization to Operate (ATO) within the Department of Defense (DoD), an executive branch department of the U.S. Federal Government. This authorization will allow other DoD agencies to leverage Geotab services by piggybacking off of this DAF ATO.

“It is vitally important that the technology we deploy in our fleets meet the highest standards of data security put forth by the U.S. government,” said Mr. Tim Patterson, Program Management Flight Chief from the U.S. Air Force’s 441st Vehicle Support Chain Operations Squadron at Langley AFB, VA.

“Our objective is to enhance fleet management strategies and reduce the total cost of ownership longer term across the Department of the Air Force.”

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The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was around 1.2 million units in Q4-2020 according to a new research report from the leading IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach more than 2.4 million units by 2025. A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers. The top-15 players in Australia and New Zealand account for over 60 percent of the active units on the market, and more than a third is represented by the top-5.

Rickard Andersson, Principal Analyst, Berg Insight, said:

“Berg Insight still ranks Teletrac Navman as the largest solution provider in the region today, followed closely by Australia-based MTData and New Zealand-based EROAD.”

US-based Teletrac Navman was the first to surpass the milestone of 100,000 units in the region. “MTData, which is owned by Telstra, has now also reached this range, and EROAD is in a similar order of magnitude following the acquisition of Coretex which was completed last week”, continued Mr. Andersson. He adds that the remaining top-5 solution providers in the region are US-based Verizon Connect and Netstar Australia.

Other notable vendors with comparably sizeable subscriber bases in the region include local solution providers such as Australia-based Fleetsu and IntelliTrac and New Zealand-based Argus Tracking and Smartrak, as well as international players including South Africa-based MiX Telematics and Canada-based Fleet Complete. The latter entered the region through the acquisition of Geotab’s reseller Securatrak. Additional top-15 players in Australia and New Zealand are Bridgestone’s Webfleet Solutions, Procon Telematics, Linxio and Sensium. Solution vendors outside of the top-list moreover include Simply Unified, TrackIt, Digital Matter, Directed Electronics Australia, Fleetdynamics by Fleetcare, Inseego and Trimble. Directed Electronics Australia notably works with a large number of commercial vehicle OEMs on the local market.

“OEMs which have introduced fleet telematics solutions in the region independently or through partnerships include Isuzu, Toyota, Hino, Volvo Group, Daimler, PACCAR, Scania, Iveco and Mitsubishi”, concluded Mr. Andersson.

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The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 11.5 million at the end of 2020, according to a new research report from the IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 14.4 percent, this number is expected to reach 22.5 million by 2025.

The top-30 vendors have today more than 100,000 active units in Europe. Webfleet Solutions’ subscriber base has grown both organically and by acquisitions during the past years and the company is the clear market leader on the European market and reached an installed base of about 726,000 units at year-end 2020.

Berg Insight ranks Verizon Connect as the second largest player in terms of active installed base with around 434,000 units. Targa Telematics is in third place and had achieved an installed base of an estimated 415,000 units. ABAX and Scania follow and have reached 340,000 units and 316,000 units respectively. Calamp, Bornemann, AddSecure Smart Transport, Masternaut and Gurtam are also ranked among the ten largest providers with 210,000–300,000 units each.

Some notable players just outside of the top ten list are Radius Telematics, Viasat, Transics, GSGroup, Quartix, Teletrac Navman, Fleet Complete, Volvo, OCEAN (Orange), Daimler, Microlise, Macnil, Eurowag Telematics, MAN, Trimble. Inseego, Cartrack, RAM Tracking, LYTX and Coyote. The HCV manufacturers are now growing their subscriber bases considerably in Europe thanks to standard line fitment of fleet management solutions. FleetBoard by Daimler, Dynafleet by Volvo and Scania Fleet Management are the most successful with active subscriber bases of 140,000 units, 145,000 units and 316,000 units respectively at the end of 2020.

The consolidation trend on this market continued in 2021.

Johan Fagerberg, Principal Analyst, Berg Insight, said:

“Eight mergers and acquisitions have taken place so far this year among the vendors of fleet management systems in Europe.”

YellowFox announced in January that ECM Equity Capital Management had acquired a majority share of the company. Eurowag Telematics acquired in the same month a 51 percent stake in KomTeS, its value-added reseller in the Czech Republic.

In February, BigChange was acquired by Great Hill Partners investing £ 75 million. BigChange’s management team will retain a significant minority stake in the company. In March, Hg acquired a controlling stake in Trackunit from Goldman Sachs and GRO Capital. Radius Payment Solutions acquired CanTrack in April. ORBCOMM was listed on the Nasdaq stock exchange until April when GI Partners acquired the company in an all-cash transaction that values ORBCOMM at approximately US$ 1.1 billion, including net debt. In September, Trackunit merged with the Industrial IoT division of ZTR, a developer of solutions for the compact construction industry. Finally, INELO Group acquired 73.5 percent of the shares in CVS Mobile in the same month. INELO Group is a Polish company controlled by Innova Capital.

Mr. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2022.

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According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 12.3 million at the end of 2020.

Growing at a compound annual growth rate (CAGR) of 14.0 percent, this number is expected to reach 23.6 million by 2025.

In Latin America, the number of active fleet management systems is expected to grow at a CAGR of 13.1 percent from 4.2 million at the end of 2020 to reach 7.9 million in 2025. There are now more than 30 players with installed bases of at least 100,000 active fleet management units in the Americas.

At the end of 2020, the top-30 vendors together had more than 11 million vehicles under management in the region and the top-10 represented almost 50 percent of the total installed base in the Americas.

Berg Insight ranks Geotab and Verizon Connect as the leading fleet telematics providers in the Americas. The two front-runners are the only players which have surpassed the milestone of 1 million active fleet management subscribers in the region.

“Geotab has even reached the 2 million mark”, said Rickard Andersson, Principal Analyst, Berg Insight.

Additional key providers with more than half a million units include Omnitracs, Trimble, Lytx, Zonar Systems and Samsara.

“The remaining top-15 players are Michelin, Fleet Complete, Gurtam, KeepTruckin, Teletrac Navman, Azuga, CalAmp and PowerFleet, all having installed bases of at least a couple of hundred thousand units in the region”, continued Mr. Andersson.

He adds that Michelin has established a strong position in the fleet management space through multiple acquisitions in the Americas and beyond. Bridgestone is now following suit, having acquired the European market leader Webfleet solutions (formerly TomTom Telematics) in 2019 and most recently US-based Azuga in September 2021. Driven by growth strategies based on M&A activity and high-pace organic growth, Berg Insight anticipates a future scenario where the global fleet management market is dominated by a handful of providers with installed bases measured in the millions.

Mr. Andersson concluded:

“The milestone of one million connected units globally has already been surpassed by ten solution providers and three of them have reached the two million range.”

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The integrated solution combines and consolidates valuable telematics data for Geotab and GM customers in Canada.

Geotab Inc. (“Geotab”), a global leader in IoT and connected transportation, today announced the expansion into and availability of the Geotab Integrated Solution for General Motors (“GM”) in Canada.

With no additional hardware installation required, the latest offering from GM and Geotab provides Canadian customers with the benefit of managing their entire fleet in one platform, simplifying fleet management and helping businesses make better-informed decisions.

With this integration, data from compatible GM vehicles, 2016 or newer, with OnStar embedded factory first-hardware can be securely transferred into Geotab’s web-based fleet management software, integrating all vehicle data into one platform, offering businesses and fleets a seamless user experience. By enabling fleet managers to access rich proprietary vehicle data, they can generate safety reports, activity reports and measure other key metrics on one convenient platform to help optimize fleet performance.

“Fleets of all sizes are rapidly embracing innovative, data-driven solutions that can help owners and operators improve safety and reduce operating costs,” said Dave Watson, Fleet and Commercial Sales Director, GM Canada. “Collaborating with Geotab allows us to further share our OnStar business solution products to benefit a wider customer base, providing them with sophisticated software and analytical tools to work quickly and efficiently, reducing the need for additional hardware.”

Users can expand the functionality of the solution further with access to the Geotab Marketplace, a growing portfolio of mobile apps, software Add-ins and hardware Add-ons, that helps enable customers to tailor their fleet management solution to help meet all of their connectivity needs including improved safety, productivity and efficiency.

“We are excited to expand our relationship with GM Canada to offer all customers across the United States and Canada a complete and seamless telematics service to help better manage their fleets,” said Sherry Calkins, Vice President of Connected Car Business Development.

“By 2024, 82% of all manufactured vehicles will be equipped with embedded telematics. Geotab is proud to work with GM to help provide customers with improved safety, efficiency and security with a rich, holistic, all-in-one telematics data solution.”

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The number of fleet management systems deployed in vehicle fleets in India was around 3.5 million units at the end of 2020 according to a new research report from the leading IoT analyst firm Berg Insight.

The fleet telematics industry in India is in many respects still nascent and major parts of the addressable market remain largely untapped. The uptake of fleet management solutions is however growing and the market is to some extent favoured by government regulations such as AIS 140. Growing at a compound annual growth rate (CAGR) of 14.0 percent, the total installed base of fleet management systems in India is expected to reach almost 6.8 million units by 2025.

The Indian fleet telematics market is served by many companies including a myriad of small local vendors, a number of pan-Indian players and a few international telematics giants. “Berg Insight ranks WheelsEye, LocoNav, Uffizio and Letstrack as the largest solution vendors in India”, said Rickard Andersson, Principal Analyst, Berg Insight.

He adds that these four companies all have total installed bases of over 0..5 million units on their respective platforms across all applications and geographies, though the shares represented by fleet management solutions on the Indian market vary substantially. “Tata Motors and Ashok Leyland are the leading players in the OEM segment”, continued Mr. Andersson. The former has collaborated with UK-based Microlise for many years, but the company has now launched a next-generation connected vehicle solution developed in house. Ashok Leyland has reached more than 150,000 vehicles on its connected vehicle platform, working with Trimble which provides the hardware. Trimble is also a leading high-end fleet management solution provider in the aftermarket segment in India.

The remaining top-10 players on the Indian market which have all reached the milestone of 100,000 units are Autoplant, Axestrack, Volty and Fleetx. Notable providers just outside of the top list include Arya Omnitalk, TrackoBit, Millitrack and Transight. The market is also served by many others such as Matchpoint GPS, Bosch, OneQlik, MapmyIndia, BlackBuck, Protrack GPS, Intellicar, Gurtam, Rane t4u, iTriangle, Nippon, IntelliPlanner, EcoCosmo, CarIQ, Intangles, Asset Telematics and Mireo. “These companies all have installed bases in the tens of thousands in India”, concluded Mr. Andersson.

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Fleet management is not exactly an easy thing to do (even with help from sophisticated tools)! While it’s easier to put together an optimal route, there is still a wide range of unpredictable factors that can change the course of events. And we all know that each bump in the road can translate into delays and loss of money or customers.

Therefore, fleet managers and owners use modern technologies to monitor and guide their vehicles as they navigate the roads.

One such device is the dashboard camera (or dash cam) for commercial vehicles. The right type of dash cam can provide video evidence in case of an accident, but it can also be used to keep drivers accountable and improve the overall security of your business.

However, it may be a bit difficult to select the right type of camera if you’re not familiar with the features that make them so indispensable to fleet owners. To address this issue, we will discuss the top three features that business owners love in modern dash cams.

#1: Viewing Angle & Storage

The main purpose of a dash cam is to register any traffic incidents. This way, the footage can be used as evidence in an insurance claim or even a police investigation. Therefore, you have several options such as front-facing, dual-facing, or a 360-degree angle camera.

Moreover, truck dash cams have many differences when it comes to features and capabilities. The offer ranges from basic devices with local storage and night vision to WiFi-enabled dash cams for trucks that constantly keep in touch with a central database. There are also devices that can use GPS and Google Maps to register the accurate location of the incident and send the data to the manager.

So, if your vehicles are not too big and easily manageable, a front-facing dash cam may be enough. Bigger vehicles can use a dual-facing camera, while trucks that don’t have reinforcements in the back could use a multi-view camera that sees everything around.

#2: Real-Time Tracking

Some dash cam devices are equipped with advanced GPS modules that log the location of your vehicles and help you keep track of them in real-time. Moreover, if they are integrated with a software tracking system, it’s easy to predict when the truck will arrive at its destination and send warnings if there are delays.

This way, the client will know when to expect the shipment and how to adjust their schedule in case of unexpected delays. In addition, you can use the GPS and logs to keep a watch on how your drivers are using the company’s vehicles.

Of course, these systems are only effective for tracking the vehicle, but if you’re looking for something to monitor the shipment as well, it’s best to use an asset tag device. These are attached to the shipment and can provide useful data on the location and direction of the goods.

#3: Assisting the Driver

Smart dash cams can recognize when the driver is not focused on the road (driving and using the phone, for instance) and issue a warning to let them know it’s not acceptable behavior. They can also issue warnings if the truck is too close to the vehicle in front or if the driver missed a stop sign.

Each warning is logged, so you can use the data to identify reckless drivers and take preventive measures.

Wrap Up

As you can see, smart dash cams are quite a useful tool for both fleet managers and drivers. And, as the technology gets more affordable and smarter, we should see a decrease in accidents and other traffic incidents involving trucks.

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The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was almost 1.0 million units in Q4-2019 according to a new research report from the leading IoT analyst firm Berg Insight.

Growing at a compound annual growth rate (CAGR) of 13.5 percent, this number is expected to reach more than 1.8 million units by 2024. A wide variety of players serve the fleet telematics market in Australia and New Zealand, ranging from small local vendors to leading international solution providers. The top-15 players in Australia and New Zealand account for 70 percent of the active units on the market, and more than 40 percent is represented by the top-5.

Rickard Andersson, Principal Analyst, Berg Insight, said:

“Berg Insight ranks Teletrac Navman as the largest provider in Australia and New Zealand.”

He adds that the company has surpassed the milestone of 100,000 units in Australia alone, holding a strong position also in New Zealand.

“The runners-up are Australia-based MTData and New Zealand-based EROAD, followed by US-based Verizon Connect and Netstar Australia”, continued Mr. Andersson.

Other notable vendors with comparably sizeable subscriber bases in the region include the local solution providers IntelliTrac and Smartrak as well as international players including MiX Telematics and Fleet Complete. The latter entered the region through the acquisition of Geotab’s reseller Securatrak. Additional top-15 players in Australia and New Zealand are Bridgestone’s Webfleet Solutions, Coretex, Digital Matter, Procon Telematics, GPSengine and Simply Unified. Players just outside of the top-list moreover include Linxio, Directed Electronics Australia, Ctrack (Inseego), GPSi Group (GPS Innovations) and Fleetdynamics by Fleetcare. Directed Electronics Australia notably works with a large number of commercial vehicle OEMs on the local market.

“OEMs which have introduced fleet telematics solutions in the region independently or through partnerships include Isuzu, Volvo Group, Scania, PACCAR/DAF, Toyota, Hino, Daimler, Mitsubishi and Iveco”, concluded Mr. Andersson.

In Australia, the first two Electronic Work Diaries (EWDs) were recently approved by the National Heavy Vehicle Regulator (NHVR). Following an announcement from the NHVR, Step Global and Teletrac Navman have been approved with conditions to provide EWDs from the beginning of December 2020. While such electronic recording systems are introduced on a voluntary basis, as an alternative to written work diaries, a broad rollout is anticipated on the Australian market. Berg Insight anticipates that the number of alternatives in the EWD approval register will grow as other technology providers increasingly submit systems to be approved by the NHVR.

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