![]() ![]() The consolidation trend on this market continued in 2020. FleetBoard by Daimler, Dynafleet by Volvo and Scania Fleet Management are the most successful with active subscriber bases of 120 000 units, 140 000 units and 301 000 units respectively at the end of 2019. The HCV manufacturers are now growing their subscriber bases considerably in Europe thanks to standard line fitment of fleet management solutions. ![]() Some notable players just outside of the top ten list are Transics, OCEAN (Orange), Teletrac Navman, Fleet Complete, Volvo, Quartix, GSGroup, Macnil, Daimler, Eurowag Telematics, Microlise, Ctrack (Inseego), AddSecure Smart Transport, Coyote, Optimum Automotive, Cartrack, Trimble, RAM Tracking, MAN and AROBS Transilvania Software. Masternaut, Bornemann, Viasat, Radius Telematics and Gurtam are also ranked among the ten largest providers with 160 000-220 000 units each. Scania and ABAX follow and have reached 301 000 units and 270 000 units respectively. Targa Telematics is in third place and had achieved an installed base of an estimated 400 000 units. Webfleet Solutions’ subscriber base has grown both organically and by acquisitions during the past years and the company is the clear market leader on the European market and reached an installed base of about 787 000 units at year-end 2019.īerg Insight ranks Verizon Connect as the second largest player in terms of active installed base with around 460 000 units. The top 26 vendors have today more than 100 000 active units in Europe. Growing at a compound annual growth rate (CAGR) of 13,4%, this number is expected to reach 19,9-million by 2024. Lindahl’s core deal team consisted of Mårten Steen (responsible partner), Helena Lindbäck, Amanda Sjöberg, Disa Almqvist and Anna Romell Stenmark.The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 10,6-million at the end of 2019, according to a new research report from the IoT analyst firm Berg Insight. ![]() The combination of the companies is deemed to add innovation and value-added connectivity services to customers of both companies. ABAX’s solutions within plant tracking, tool tracking, vehicle tracking and fleet management are delivered as Software-as-a-Service to 34,000 customers. Automile was founded by the entrepreneur Jens Nylander and has, over the years, raised equity from Dooer founder Sam Nurmi, Niklas Zennström’s Atomico and Dawn Capital, German Point nine, and the SaaS investor Jason Lemkin (SaaStr). The latest round was led by the New York based venture capital firm Insight Partners.ĪBAX is one of the leading companies in Europe within the telematics and IoT industries with offices across Europe. Trusted with over 10,000 businesses and 87,000 subscribers, Automile offers fleet tracking, fleet management, and asset tracking services to small- medium and large businesses. Lindahl has advised Automile in connection with a restructuring and sale of Automile Holding AB to ABAX.Īutomile is a leading Software-as-a-Service internet of things (IoT) and telematics company with offices in Sweden, Norway, and the US. Lindahl advises in the sale of Automile.
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