Commercial Fleet Telematics Global Study
OEMs are on the path to overtake TSPs in the fleet telematics market
Aftermarket Telematics Service Providers (TSPs) currently dominate the commercial fleet telematics market. This is about to change, as PTOLEMUS Consulting Group has found in its new report, the Commercial Fleet Telematics Global Study.
Indeed, the majority of OEMs have adopted the strategy of offering free, but often time-limited, telematics solutions with new vehicle or machinery purchases, John Deere being a good example in this regard.
PTOLEMUS forecasts that 83% of all new on- and off-road vehicles will have embedded telematics by 2024, and that this shift in connectivity will strengthen OEMs´ positioning as they will become a major source of vehicle data for TSP’s, supplanting aftermarket hardware.
OEMs integrations with TSPs are on the rise (i.e. Navistar with Geotab, Samsara and Cloudera. Daimler’s fully “open” Virtual Vehicle™ and John Deere with Geotab, Samsara, Trimble and Verizon), meaning that OEM’s are in a position to supplant TSPs hardware…
The study will answer the following key strategic questions
The Commercial Fleet Telematics Global Study is the first to cover fleet telematics from on-road vehicles like trucks and vans to off-road vehicles like tractors and construction equipment.