Commercial telematics shipments set for solid growth

At a CAGR of 27 per cent, commercial telematics systems shipments are set for solid growth. However, the fleet management industry continues to be haunted by structural problems: extreme levels of fragmentation with too many ‘me too’ and ‘dots-on-a-map’ providers and proprietary solutions littering the landscape.
April 18, 2012 Read time: 2 mins
RSSAt a CAGR of 27 per cent, commercial telematics systems shipments are set for solid growth. However, the fleet management industry continues to be haunted by structural problems: extreme levels of fragmentation with too many ‘me too’ and ‘dots-on-a-map’ providers and proprietary solutions littering the landscape.

According to 5725 ABI Research telematics and navigation group director Dominique Bonte, “The commercial telematics industry faces aggressive consolidation which should ultimately result in the reduction of the hundreds of vendors into at most ten major global players. This process is already well underway with recent mergers and acquisitions including 748 Masternaut and 1060 Cybit, 1985 Trimble and Punch Telematics, and, most recently, Trimble and PeopleNet.”

ABI Research says that 213 Qualcomm, 1692 TomTom Business Solutions, Mix Telematics, 2069 Daimler Trucks, 609 Volvo Trucks, Digicore / Ctrack, and Trimble are emerging as true global players. However, consolidation is only effective when tight technical and commercial integration is achieved, a process which can take years. Also required are the adoption of open software approaches, scalable Software as a Service (SaaS)-based platforms, telematics standards, and new business models, as well as the embrace of convergence and a far-reaching willingness to cooperate across the whole value chain in the form of partnerships.

ABI Research’s new Commercial Telematics Market Data report contains forecast data per region on hardware shipments, hardware revenue, system users, subscribers and service revenues in the commercial telematics sector. Statistics on vehicle sales and vehicles in operation are also included.
Location Based Systems

For more information on companies in this article

Related Content

  • TomTom expands footprint in Asia Pacific region
    June 19, 2012
    TomTom has announced the availability of its latest map products for the Asia Pacific region, delivering new coverage and features for automotive, enterprise and government customers. The company’s maps now cover 51 countries and territories throughout Asia Pacific, with navigable coverage for 15 countries across eight million kilometres of roads.
    Read More
  • All-in-one vehicle telematics
    February 3, 2012
    Masternaut has launched what it claims is the world's first vehicle tracking system based around a single intelligent mobile communication unit. The system comprises a Mobile Communication Centre (MCC) combining vehicle tracking, GPS satellite navigation, hands-free mobile communications and real-time job scheduling and messaging in a single unit. According to Masternaut, which already has 150,000 telematics units installed across Europe, the new all-in-one unit eliminates the need for separate sat-nav
    Read More
  • Groups seek electronic collision alert devices on big trucks
    February 20, 2015
    The US Advocates for Highway and Auto Safety, the Truck Safety Coalition, the Center for Auto Safety and Road Safe America have filed a petition with the National Highway Traffic Safety Administration (NHTSA) requesting that the agency initiate rulemaking to require forward collision avoidance and mitigation braking (F-CAM) systems on all new large trucks and buses with a gross vehicle weight rating (GVWR) of 10,000 pounds or more. F-CAM technology uses radar and sensors to first alert the driver and then t
    Read More
  • Growth predictions for parking management market
    December 18, 2014
    According to a new market research report Parking Management Market by Solution (Parking Software, On-Street Parking, Off-Street Parking, Access Control, Security and Surveillance, Parking Fee and Revenue Management, Parking Enforcement and Permit Management) - Global forecast to 2019, published by MarketsandMarkets, the global parking management market is expected to grow from US$5.0 billion in 2014 to US$9.2 billion by 2019, at a compound annual growth rate (CAGR) of 12.8 per cent. The global parking m
    Read More

Highlighted Content