Fleet management systems’ European install base to hit 14.1 million by 2021

The company expects this figure to grow at a compound annual growth rate (CAGR) of 16.4 per cent, reaching 14.1 million by 2021.

Berg Insight says that the top 14 vendors have today more than 100,000 active units in Europe. It adds that TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company is now the clear market leader on the European market and reached an installed base of about 609,000 units at year-end 2016. Masternaut is still in second place and achieved an installed base of an estimated 300,000 units at year-end. Berg Insight ranks Microlise as the third largest player in terms of active installed base with around 210,000 units. Verizon (Fleetmatics and Telogis), ABAX, Teletrac Navman, Bornemann, Transics, Trimble, Gurtam, Targa Telematics, Viasat and OCEAN (Orange) also have more than 100,000 active devices in the field.

The heavy commercial vehicle (HCV) manufacturers are now growing their subscriber bases considerably in Europe thanks to fleet management solutions being fitted as standard. Berg Insight states that Dynafleet by Volvo, FleetBoard by Daimler and Scania Fleet Management are the most successful with active subscriber bases of 99,000 units, 99,000 units and 172,000 units respectively as of Q4-2016.