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2016-08-25
The installed base of fleet management systems in Europe will reach 10.6 million by 2020
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach 10.6 million by 2020. All the top-10 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company has now reached the position as the largest provider of fleet management solutions on the European market and reached an installed base of about 529,000 units at year-end 2015. Masternaut is still in second place and had achieved an installed base of an estimated 350,000 units at the year-end. Berg Insight ranks Microlise as the third largest player in terms of active installed base with around 175,000 units. Trakm8, ABAX, Teletrac Navman, Transics, Trimble and OCEAN (Orange) also have more than 100,000 active devices in the field. 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 and Scania Fleet Management are the most successful with active subscriber bases of 81,000 units, 86,000 units and 133,000 units respectively as of Q4-2015. The consolidation trend on this market continued in 2016. “Nine major mergers and acquisitions have taken place in the past three quarters among the vendors of fleet management systems in Europe”, said Johan Fagerberg, Senior Analyst, Berg Insight. TomTom acquired Finder in Poland in December 2015, which added another 60,000 vehicles to its installed base. ITmobile operating from the Netherlands was acquired by Canadian Fleet Complete in December 2015. Viasat entered the Polish market when CMA Monitoring was acquired in April 2016 adding 18,000 vehicle subscriptions and later in July the company also picked up EMIXIS that is headquartered in Belgium adding another 23,000 subscriptions. The investment firm Sofindev acquired a majority stake in GeoDynamics in April. GSGroup has acquired three companies in the past years and the most recent one was PPCT in Finland in May. Later in June, it was announced that Verizon had signed an agreement to acquire Telogis. The latest transaction was done in August when Verizon acquired also Fleetmatics for a price tag of US$ 2.4 billion to become the largest fleet management solution vendor worldwide. The two recent deals mean that Verizon’s telematics unit will have more than 1.6 million vehicles under management. Mr. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2016–2017.

2016-08-15
The installed base of fleet management systems in Australia and New Zealand will reach 1.1 million units by 2020
The number of active fleet management systems deployed in commercial vehicle fleets in Australia and New Zealand was 0.5 million in Q4-2015 according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 16.0 percent, this number is expected to reach 1.1 million by 2020. The fleet management market in Australia and New Zealand is today influenced positively by a number of different market drivers including regulatory developments such as health and safety regulations, road user charges and electronic work diaries. “The fleet management solution market in Australia and New Zealand is served by a variety of players ranging from small local vendors to leading international solution providers”, said Rickard Andersson, Senior Analyst, Berg Insight. He adds that Teletrac Navman is established as the leading provider in terms of subscriber base in the region, holding a strong position in both Australia and New Zealand. “Other major players on the market include EROAD, IntelliTrac, MTData and Smartrak which are all based in the region”, continued Mr. Andersson. The local suppliers Ezy2c and Coretex as well as the international vendors MiX Telematics, Ctrack and Geotab also have comparably strong presence. A number of commercial vehicle OEMs have also launched fleet management offerings for vehicles marketed in the region either independently or working in partnership with a telematics supplier. “The adoption levels for the OEM telematics initiatives however remain relatively modest and the market is so far clearly dominated by aftermarket solution providers serving fleets directly”, concluded Mr. Andersson.

2016-08-09
IoT platform revenues will grow to € 3 billion worldwide by 2021
According to a new research report from the M2M/IoT analyst firm Berg Insight, the global third party Internet of Things (IoT) platform market increased 36 percent to € 610 million in 2015. Growing at a compound annual growth rate (CAGR) of 30.8 percent, revenues are forecasted to reach € 3.05 billion in 2021. There is a wide range of software platforms available, intended to reduce cost and development time for IoT solutions by offering standardised components that can be shared across many industry verticals to integrate devices, networks and applications. Most IoT platforms available on the market today can be categorised as being a connectivity management platform, a device management platform or an application enablement platform, although there are many products that offer overlapping functionality or other unique features. Many enterprises and organisations have already been involved in various machine-to-machine (M2M) deployments that have typically been characterised by customised solutions deployed within single industry verticals, or by one company, to improve existing business operations. IoT puts more emphasis on integration of sensors, devices and information systems across industry verticals and organisations to transform operations and enable new business models. “IoT furthermore aims to facilitate a better understanding of complex systems through analytics based on data from diverse sources to assist decision making, improve products and enable entirely new services”, said André Malm, Senior Analyst, Berg Insight. Whereas connectivity and device management platforms have already reached comparatively high adoption, the market for application enablement platforms (AEPs) is in an earlier phase. AEPs typically provide functionality such as data collection, data storage and analytics. Fully featured platforms also provide tools, frameworks and APIs for creating business applications featuring data management, event processing, automated tasks and data visualisation. Many platforms also provide tools and ready-made libraries and UI frameworks that facilitate modelling and creation of interactive applications, workspaces and dashboards with little or no need for coding. “The AEP segment is seeing considerable activity in terms of acquisitions and new market entrants”, said Mr. Malm. After PTC acquired ThingWorx and Axeda, other major software and IT companies have followed. Examples include Amazon that acquired 2lemetry, Autodesk that acquired SeeControl and Microsoft that acquired Solair. Other leading IT companies that are extending their service offerings to include IoT platforms – often focusing on analytics and machine learning – include IBM, SAP and Oracle. “As a group, AEP vendors primarily face competition from system integrators and companies that develop similar functionality in-house”, concluded Mr. Malm.

2016-08-04
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2016-07-12
The installed base of FM systems in the Americas will exceed 16 million units by 2020
According to a new research report from the M2M/IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 5.8 million in Q4-2015. Growing at a compound annual growth rate (CAGR) of 17.0 percent, this number is expected to reach 12.7 million by 2020. In Latin America, the number of active fleet management systems is expected to increase from 2.3 million in Q4-2015, growing at a CAGR of 12.8 percent to reach 4.1 million in 2020. The top-15 providers of fleet management systems in the Americas now have a combined installed base of more than 4 million active units in the region and the top-5 players alone account for 2.5 million units. Leading solution providers including Fleetmatics, Omnitracs, Telogis, Trimble and Geotab now all have more than 400,000 active units on this market. The fast-growing fleet management industry has for several years been in a phase of strong consolidation which shows no signs of slowing down in the near-term. “Leading providers on a global basis have now surpassed half a million fleet management subscribers by far and are continuing to grow at a high pace driven by organic growth in combination with selective M&As”, said Rickard Andersson, Senior Analyst, Berg Insight. Notable transactions in 2015 include the merger of Teletrac and Navman Wireless to create a global telematics organisation as well as the combination of BSM Technologies and Webtech Wireless on the North American market. Fleetmatics moreover continued its international expansion, acquiring Ornicar in France and Visirun in Italy during the year. The first half of 2016 has also seen its fair share of high-profile deals. Most notably, Verizon Communications announced in June that it had signed an agreement to purchase Telogis, thus considerably extending its existing presence in the fleet management sector which also includes the Verizon Networkfleet business stemming from the acquisition of Hughes Telematics in 2012. “The acquisition of Telogis propels Verizon to a leading position from a global perspective in terms of fleet management subscriber base”, said Mr. Andersson. He adds that Berg Insight anticipates that at least one of the solution providers will have reached the milestone of 1 million fleet management units globally by 2018.

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