Europe Telematics Market Size, Status and Forecast 2021- Webfleet Solutions B.V., Verizon Connect, ABAX UK Ltd., Masternaut Limited, Targa Telematics S.p.A

The Latest report about the Europe Telematics market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Europe Telematics market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

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The Europe Telematics Market is estimated to grow at a CAGR of about 12.2% over the forecast period 2020 to 2025.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:  Webfleet Solutions B.V., Verizon Connect, ABAX UK Ltd., Masternaut Limited, Targa Telematics S.p.A, Gurtam Inc., Viasat Group, Bornemann AG, Teletrac Navman US Ltd., Diamler AG, Volvo Group, Scania AB, Man Truck & Bus SE, DAF Trucks N.V.

Market Overview

- The adoption of mobile resource management and machine-to-machine has led to the utilization of the telematics ecosystem. Furthermore, industries, such as oil, gas, mining, utilities, food, courier delivery, construction businesses, waste management, police and emergency organizations and transit fleets, such as motorcoach, public transit, taxi, and paratransit are widely employing telematics primarily for movements of workforce and goods across their area.

- Further, the data generated by the vehicles gives the end-users valuable information to improve their efficiency by avoiding congestion, creating lower stress driving environments, and also the environmental impact on the vehicles, unlike traditional data tracking systems that only provide insight into driver behavior and real-time vehicle location.

- For instance, a study conducted by ford that tracked light commercial vehicles for a year in London found that one of its test fleets could have saved up to 30 hours per week by setting out two hours earlier in the morning. Such insights could drive companies to gain sustainable productivity. Also, a parallel study conducted on privately owned cars for 12 months with cross-referencing the journey with public transport timetables found that 20% of trips would have been quicker by utilizing public transport. Thereby It also suggests businesses' insights on the saving alternatives.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Europe Telematics market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

News and Updates

- April 2020: Octo Telematics, telematics, and big data company in collaboration with data company Infoblu developed a data platform called Mobility Datalab that provides data on the movement of people and goods in Italy with a sole purpose of making the reliable traffic flow information reliable amidst the COVID-19 situation. The data is collected through devices installed in cars and heavy vehicles planted by the company.

- April 2019: Iveco, an LCV manufacturer, announced a partnership with Verizon Connect to provide its customers comprehensive telematics and mobile workforce management software platforms. Under the partnership, Iveco's users would be allowed to select among three Verizon Connect plans, i.e., Fleet Essential Plan, Fleet Enhanced, and Verizon Connect Tachograph. The integration of the Verizon Connect Platforms would extend value and benefits to its customers and help them better control their operations.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Europe Telematics industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Europe Telematics market research includes the methodical description of the various factors such as the market growth and detailed information about the different company's revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Europe Telematics Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Europe Telematics market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Europe Telematics market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Europe Telematics Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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