Europe Commercial Vehicle Telematics Market Share

Market Share of Europe Commercial Vehicle Telematics Industry

The Europe Commercial Vehicle Telematics Market is moderately competitive due to various players in the market. The market is transforming with the evolution of technologies, but conventional technology will continue to hold the major share.

• May 2021 - Webfleet Solutions has expanded its operations into Hungary. Now, the company will offer tailored solutions and services to meet the needs of the local business fleet market; hence the expansion reinforces Webfleet Solutions' European market will be Prominent in the transport sector, with more than 200,000 heavy commercial vehicles (HCVs) connected through its fleet management solution WEBFLEET.
• June 2021 - Ford expanded its connected uptime system to European fleet operators by introducing Ford Telematics Essentials, a complimentary new fleet management tool designed to help increase the productivity of connected commercial vehicles.
• June 2021 - Investindustrial agreed to acquire Targa Telematics, an Italian technology company that offers solutions in telematics, smart mobility, and digital IoT platforms for mobility operators.

Europe Commercial Vehicle Telematics Market Leaders

1. Webfleet Solutions B.V.

2. Verizon Connect

3. ABAX UK Ltd

4. Masternaut Limited

5. Targa Telematics S.p.A

*Disclaimer: Major Players sorted in no particular order