Telematics To Power 73M Vehicles By 2020

Telematics To Power More Than 73M Commercial Vehicles By 2020, According To ABI Research

While telematics increasingly empowers the knowledge worker, new smart mobility paradigms are already appearing on the horizon, threatening to disrupt the status quo.

ABI Research - LogoThe commercial telematics industry is set for strong growth in the next five years, especially in the enterprise and SMB segments, with players such as Telogis and Fleetmatics leading the way in these respective verticals in the United States, according to ABI Research. The research firm says it is just a matter of time before the first vendor exceeds 1 million vehicles under management, with Fleetmatics having set a target of 1.2 million subscriptions by 2020.

“We are witnessing the emergence of a very dynamic ecosystem characterized by cutthroat competition, aggressive marketing, mergers and acquisitions galore, and high levels of equity investment with high expectations about quick returns. This results in accelerating awareness about the many benefits of telematics far beyond the traditional asset tracking, diagnostics and fuel-saving paradigms,” said vice president and general manager Dominique Bonte.

Technologies such as onboard diagnostics (OBD) equipment and Cloud/SaaS solutions linked to hardware agnostic approaches leveraging third party application developer ecosystems on smartphones and tablets are critical growth drivers. They allow vendors such as Telogis, PeopleNet (Trimble), Astrata, Zonar, CalAmp and Geotab to cost-efficiently address wide ranging requirements across a large number of segments, including the growing commercial vehicle OEM opportunity.

Optimized routing and truck-based navigation capabilities enabling low-cost delivery are becoming critical assets for addressing exploding e-commerce retail models, goods distribution and work flow management. However, while telematics increasingly empowers the knowledge worker, new smart mobility paradigms are already appearing on the horizon, threatening to disrupt the status quo with autonomous trucks and self-driving taxis expected to redefine the role of the driver or even remove it completely.

Commercial telematics and fleet management solutions also are no longer mainly confined to the United States and Western Europe with China, Southeast Asia, Africa and the Middle East and Eastern Europe representing increasingly important opportunities for both local and foreign players.

These findings are part of ABI Research’s Commercial Vehicle Telematics Research Service, which includes research reports, market data, insights and competitive assessments.

You May Also Like

Continental, Synopsys Team Up on Automotive Software Development

The collaboration aims to accelerate the development and validation of software features and applications for the Software-Defined Vehicle.

Continental announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV).

"This new collaboration integrates Synopsys’ industry-leading virtual prototyping solutions for virtual Electronic Control Units (vECU) within Continental’s Automotive Edge (CAEdge) cloud-based development framework. The results are digital twin capabilities for software development that help automakers accelerate software development and speed up their time to market," Continental said.

Epicor Unveils Digital Cataloging, Future Plans

The new catalogs use Epicor-validated, ACES-compliant data and an “Intelligent Search” feature to find the right part quickly.

Epicor digital catalog
Epicor Launches Automotive B2B eCommerce Platform

The Epicor Commerce for Automotive platform features multi-seller support and parts lookups for distributors and their customers.

Epicor commerce for Automotive
Marelli Launches Fuel System for Hydrogen Propulsion Systems

Marelli will present a variety of new technology at the CTI Symposium in Germany, Dec. 5-6.

The Automotive Aftermarket’s Role in a Circular Economy 

Take a deep dive into the factors driving the automotive aftermarket toward a more circular economy.

Circular economy

Other Posts

AI in the Aftermarket: Endless Applications Yet Hurdles Remain

The automotive aftermarket is delving into AI and ways it can help businesses be more productive and effective.

Intellias to Showcase HMI, ADAS and More at CES 2024

The company also will unveil the next generation of its IntelliKit, a portable fully-integrated digital cockpit.

Anyline Partners with Treads to Simplify Car Ownership

Anyline has partnered with Treads, an AI-driven car management subscription service, to enhance analytics for car owners.

Anyline Trends partnership
Unifying Your Parts Technology to Eliminate Channel Conflict

Harmonizing various channels in your eCommerce strategy through unified technology helps build an agile business model.

ecommerce channel conflict auto parts suppliers