Smart Fleet-on-board Devices Market Insights Shared in Detailed Report 2022- Televic N.V., Xerox Corporation, Trapeze Software

This report discusses many vital industry facets that influence Global Smart Fleet-on-board Devices  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

The smart fleet-on-board devices market is expected to grow at a CAGR of 8% over the forecast period (2021 - 2026).

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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: Televic N.V., Xerox Corporation, Trapeze Software Inc. (Constellation Software Inc.), Cubic Transportation Systems Limited, Clever Devices Ltd, DILAX Intelcom GmbH, Eurotech, Inc., 21st Century Technology plc, Hella Aglaia Mobile Vision GmbH, Acorel B.V.

News and Updates

- January 2018 - Clever Devices Ltd., the leading provider of ITS solutions in North America, announced the launch of a groundbreaking Disruption Management module for its CleverCAD fleet management solution. The Disruption Management module enables CleverCAD users to react quickly to service disruptions that occur due to inclement weather, traffic or road conditions, or vehicle maintenance issues. Users can quickly make service changes to address issues, and all changes are immediately reflected on affected vehicles and in Clever Devices' real-time passenger information system. This ensures that both operators and passengers get the updated information, in real-time.

- October 2017 - Cubic Corporations Cubic Transportation Systems (CTS) business division was selected by the New York Metropolitan Transportation Authority (MTA) to replace the iconic MetroCard with a proven, next-generation fare payment system similar to that used on the bus, Tube and rail services operated by Transport for London (TfL). The new system enabled customers to create personalized transit accounts to see ride history, check balances, add value as well as report lost or stolen cards to protect their funds.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Smart Fleet-on-board Devices 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.

An efficient transportation system needs route scheduling, timetable and data analysis of fleet systems to uplift the market growth. The use of smartphones and smart devices provides a great growth opportunity to the fleet on-board devices for the coming years. Using GPS and GSM/GPRS location technology vehicles can be tracked and managed securely in real-time through a computer, tablet, or smartphone. In terms of analysis, data collected through AVL, APC, and ticketing solution is crucial. The growing use of modern transportation and technology advancements in ticketing devices are the major factors boosting the global smart fleet on-board devices market. At the same time, smart technology usage in logistics worldwide is helping the market to grow. However, data security is an issue, which shows up as a market difficulty.

Owing to smart technologies and intelligent transport systems, the fleet on-board devices market has achieved significant growth. Transit fare collection or ticketing technology has evolved tremendously from manual-based systems to automated systems with computer-aided hardware and software. The technical enhancement of smart ticketing devices leads to a shift from cash to smart payment, as well as from mono application to multi-application system. The advancements in fare collection have been possible due to the changes in design media, use of microprocessor and software in fare collection equipment, and the development of sophisticated control, and data communications systems. Emergence of the smart ticketing system has continued to benefit the transportation industry significantly. Adoption of smart ticketing systems for the public transit system, such as buses, trains, and airplanes will continue to gain momentum attributed to quick access and robust security features.

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Smart Fleet-on-board Devices 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 Smart Fleet-on-board Devices 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 Smart Fleet-on-board Devices 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 Smart Fleet-on-board Devices 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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