Top 10 Visionary Leaders in the Commercial Vehicle Telematics Market – 2020

Telematics may be a technology that mixes telecommunications and knowledge technology during a single solution. The transmission of knowledge can occur within the vehicle-to-vehicle, vehicle-to-human, or vehicle-to-system formats. Telematics technology is employed for tracking and data transfer and may be integrated with other vehicle systems also as used independently.

The Commercial Vehicle Telematics (CVT) market is projected to grow at a CAGR of 20.7% between 2020 and 2025. Today, the main target of CVT has moved from vehicle location and routing to drivers and their safety. By keeping track of driver behavior, vehicle condition, and maintenance intervals, commercial vehicle telematics solutions help reduce accidents, speeding, and unexpected vehicle downtime.

At 360Quadrants, we've determined the highest 10 Visionary Leaders within the commercial vehicle telematics market. These players are expected to contribute significantly to the expansion of this segment.

Trimble, Inc

Trimble, Inc was founded in 1978 and is headquartered in California, US. It provides vehicle tracking and cargo management solutions. These solutions integrate wide-ranging positioning technologies—including GPS, laser, and optical and inertial technologies—with application software and wireless communication solutions so as to supply complete commercial solutions. Trimble’s Fleet Management Solution leverages the facility of Trimble GPS technology and wireless communications to supply fleet managers and vehicle owners with a cloud-based system for real-time tracking and monitoring of vehicles.

Verizon Communications, Inc

Verizon Connect, a division of Verizon Communications headquartered in Georgia, US, provides digital communication services and applications for vehicles. Its solutions and services include comprehensive fleet and mobile workforce management software platforms, embedded OEM hardware, and a connected vehicle device that helps create a safer, smarter, and more connected driving experience.

Octo Telematics, Ltd

Octo Telematics was founded in 2002 and is headquartered in Rome, Italy. Octo is that the provider of telematics and data analytics solutions for the car insurance industry. Octo’s telematics and fleet management solutions help companies reduce fuel consumption, improve driver safety, and limit unauthorized asset utilization through monitoring of location and driver behavior data. Octo Telematics helps automotive OEMs to take advantage of their investments in connected car and related technologies through insurance-related services.

GPS Insight

GPS Insight was founded in 2004 and is headquartered in Arizona, US. the corporate provides innovative solutions and actionable insights within the CVT space. GPS Insight delivers vehicle telematics solutions that give visibility into the operations of the whole fleet. Its solutions specialise in location data and boost visibility into the activities of the driving force. The solutions provided by GPS Insight help fleet companies to extend revenue and reduce cost and risk. The GPS Insight CVT solution comes in three different packages that suit the wants of various organization sizes—Basic, Standard, and Enterprise.

MiX Telematics

MiX Telematics was founded in 1995 and is headquartered in Midrand, South Africa. MiX delivers fleet management, driver safety, and vehicle tracking solutions to its customers employing a SaaS-based model. Its MiX Fleet Manager solution comprises an onboard computer that collects and transmits valuable vehicle and driver data. This collected data is accessible online also as through a mobile app. MiX Telematics features a network of over 130 fleet partners across the world.

Zonar Systems

Zonar Systems was founded in 2001 and is headquartered in Washington, US. Its fleet management systems record and transmit numerous details, including asset location, fuel efficiency, speed, stops, idling, and maintenance requirements. The solutions offered by Zonar are affordable, easy to implement, and straightforward to access from any computer or smart device. Zonar CVT replaces manual meter reading with automated meter data collection and minimizes unnecessary rental costs through verified utilization reporting.

Geotab, Inc

Geotab, Inc was founded in 1996 and is headquartered in Oakville, Canada. the corporate focuses on vehicle tracking and fleet management technology. It provides open platform fleet management solutions to businesses of all sizes. It helps businesses manage their drivers and vehicles by extracting accurate and actionable intelligence from real-time and historical fleet data. Geotab provides industry-specific fleet management solutions that optimize fleet performance supported industry type. the corporate develops, manufactures, and delivers GPS fleet management solutions to companies of all sizes—from local to Fortune 500.

Cisco Systems, Inc

Cisco Systems was founded in 1984 and is headquartered in California, US. it's an American multinational organization that develops, manufactures, and sells hardware, software, telecommunication solutions, and other high-tech products and services. It also provides fleet management solutions that help enterprise fleet managers reduce fuel costs and enhance productivity. Cisco’s fleet management solution effectively integrates vehicle and driver data into the enterprise network and related applications. Cisco sells its products and services through its own sales division and channel partners to commercial businesses, service providers, large enterprises, and consumers.

AirIQ Inc

AirIQ, Inc was founded in 1991 and is headquartered in Pickering, Canada. It offers end-to-end wireless solutions that allow customers to manage mobile assets cost-effectively. AirIQ offers remote applications that leave the efficient management of cars, trucks, and construction equipment. Since the ELD mandate by the Canadian government, AirIQ has expanded its line and become one among the leading ELD solutions providers within the industry nationally.

Webfleet Solutions

Webfleet Solutions, founded in 2005 and headquartered in Amsterdam, Netherlands, may be a Bridgestone company that gives Software-as-a-Service fleet management solutions. Its SaaS-based CVT solutions provide secure access to all or any the knowledge needed to manage fleet operations. These solutions let fleet managers and customers communicate directly with drivers and help improve driver behavior and fuel efficiency. These tools are often integrated with the entire solution ecosystem of the corporate. Webfleet is an award-winning company that has quite 50,000 customers worldwide. It provides its services in additional than 60 countries.

Useful data on these Visionary Leaders, also as other important information associated with the CVT market, are listed on 360Quadrants.com.

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