Market Led by TomTom
According to Berg Insight, “A group of international aftermarket solution providers have emerged as the leaders on the European fleet management market.“
TomTom Telematics has climbed to the number one spot in Europe ahead of Masternaut. The Dutch company has today about 450,000 vehicles under management in Europe and Masternaut is estimated to have an active installed base of 350,000 units, mainly in France and the UK.
Microlise, Digicore and Trimble have also joined the exclusive group of fleet management providers in Europe having more than 100,000 active devices in the field.
Transics is number one in the heavy trucks segment with an estimated 85,000 active units installed.
Berg Insight also noticed that truck manufacturers are fast growing their subscriber bases in Europe helped by standard line fitment of fleet management solutions. Dynafleet by Volvo, FleetBoard by Daimler and Scania Fleet Management are the most successful with active subscriber bases of 70,000 units, 72,000 units and 88,000 units respectively end of 2014.
High number of mergers and acquisitions
A significant number of acquisitions happened in 2015.
“Nine major mergers and acquisitions have taken place in the past year among the vendors of fleet management systems in Europe”, said Johan Fagerberg, Senior Analyst at Berg Insight.
TomTom acquired Fleetlogic in the Netherlands in December 2014 adding another 27,000 subscribers to its installed base. 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.