TomTom Telematics has been identified as Europe’s largest, and fastest-growing, provider of commercial vehicle fleet management solutions by Berg Insight, the M2M/IoT market analyst firm.

Berg Insight has just published the tenth edition of its Fleet Management Europe report. CEO Johan Fagerberg commented: “Our report shows that the European fleet management market has entered a growth period that looks set to last for several years. The number of fleet management systems in active use is forecast to grow at a compound annual growth rate of 15.1 percent from 4.40 million units at the end of 2014 to 8.90 million by 2019. TomTom Telematics was the fastest growing vendor in 2014 and has now emerged as the clear leader in the European fleet management market.”

Official statistics from 2011 reveal that of the 36.1m commercial vehicles on European roads, 29.5 million are  light commercial vehicles (LCV) used by mobile workers for activities such as service management and deliveries.

A group of international aftermarket solution providers have emerged as the leaders on the European fleet management market, says Berg. TomTom Telematics was the fastest growing vendor also in 2014 and has climbed to the number one spot in Europe ahead of Masternaut. Other significant players include European companies such as Trakm8, Transics, Microlise, Quartix, Tantalum Corporation, Orange Business Services, Vehco and Finder and international players like Trimble and Navman Wireless from the US, Astrata Europe from Singapore and the South African telematics providers DigiCore and MiX Telematics.

TomTom Telematics services more than 520,000 vehicles worldwide 60 countries, giving it the largest installed base of subscriptions for fleet management services in Europe. At the same time, it is one of the world’s leading telematics solution providers.

“We believe firmly in the power of leadership in combination with continuous innovation,” said Thomas Schmidt, Managing Director at TomTom Telematics. “Our open telematics service platform WEBFLEET lies at the heart of this success, offering high performance and efficiency gains, security and quick return on investment for our customers.” WEBFLEET includes ISO 27001:2013 certification - one of the most stringent certifications for information security controls.

The Berg report also highlights the vendor consolidation trend in the fleet management sector, noting  numerous M&A activities in 2015. Fleetmatics acquired Ornicar in February 2015 – a local FM solution provider in France adding around 15,000 vehicle subscriptions. In March 2015, a decision was made to merge the two Danaher Corporation owned companies Navman Wireless and Teletrac. Later in April, Orange Business Services acquired OCEAN that now operates as a subsidiary with the OCEAN brand name. Novatel Wireless announced a bid to acquire Digicore in June in a deal worth US$ 87 million. In the same month, Viasat announced to have acquired a controlling interest in Cefin Systems. Goldman Sachs Merchant Banking Division and GRO Capital announced the acquisition of Trackunit from the founders of the company in July. Thermo King acquired Celtrak in October. The latest transaction was done in November when Fleetmatics acquired Visirun in Italy adding 28,000 subscriptions amd 3,000 clients.

TomTom Telematics has also been named Best Vehicle System Integrator by TU-Automotive in recognition of its open platform which now has more than 350 partners. Available third-party software solutions and apps include those for CRM and ERP, planning and scheduling, route optimisation, temperature control, mobile printing and lone worker safety.

Be social and share this news