Fleet Tracking & Logistics: Key Trends, Vendor Strategies & Market Forecasts 2022-2027

• Market Dynamics: A strategic analysis of the major drivers, challenges, and innovations shaping the adoption and development of fleet tracking & logistics technologies, including the following:
  • Technological innovations that are enhancing the value of fleet tracking & logistics
  • Future strategic direction and market outlook for fleet tracking & logistics
  • Key issues fleet tracking & logistics vendors must be aware of surrounding data‑heavy fleet tracking software and security
• Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 23 fleet and asset tracking vendors:
  • AT&T Business
  • CalAmp
  • Element Fleet Management
  • FleetComplete
  • Fleetio
  • FleetUp
  • Geotab Inc
  • GPS Insight
  • Infosys
  • Intel
  • Lytx
  • MixTelematics
  • Nextraq
  • ORBCOMM
  • Quartix
  • Ruptela
  • Samsara
  • Telefónica
  • Teletrac Navman
  • Uffizio
  • Verizon Connect
  • Vodafone
  • Zebra
• Benchmark Industry Forecasts: Forecasts for fleet tracking & logistics, including total number of commercial vehicles using fleet tracking, total annual spend on fleet tracking hardware and software, total number of assets tracked, total annual spend on asset tracking hardware and software, split by small, medium and large businesses. This includes sizing for markets up to 2027; split by our 8 key regions and by the 60 countries listed below:
  • Algeria
  • Argentina
  • Australia
  • Austria
  • Bangladesh
  • Belgium
  • Brazil
  • Canada
  • Chile
  • China
  • Colombia
  • Croatia
  • Czech Republic
  • Denmark
  • Ecuador
  • Egypt
  • Finland
  • France
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Japan
  • Kenya
  • Kuwait
  • Malaysia
  • Mexico
  • Nepal
  • Netherlands
  • New Zealand
  • Nigeria
  • Norway
  • Pakistan
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Qatar
  • Romania
  • Russia
  • Saudi Arabia
  • Singapore
  • South Africa
  • South Korea
  • Spain
  • Sweden
  • Switzerland
  • Thailand
  • Turkey
  • UK
  • Ukraine
  • United Arab Emirates
  • Uruguay
  • US
  • Vietnam

1. How will key market trends affect projected fleet tracking & logistics by 2027?
2. What impact will advanced connected technologies in fleet tracking & logistics have?
3. Who are the leading vendors in the fleet tracking & logistics market?
4. What limitations are there holding back fleet tracking & logistics?
5. What impact will AI and ML have on fleet tracking & logistics?

Included in the Juniper Research Competitor Leaderboard: AT&T Business, CalAmp, Element Fleet Management, FleetComplete, Fleetio, FleetUp, Geotab Inc, GPS Insight, Infosys, Intel, Lytx, MiX Telematics, Nextraq, ORBCOMM, Ruptela, Samsara, Telefónica, Teletrac Navman, Quartix, Uffizio, Verizon Connect, Vodafone, Zebra.
  
Mentioned: ABF Freight, Arval, ASCO, Bitrek, BT, CCAC (Climate and Clean Air Coalition), City of Boston, City of San Jose, CleanHarbors, Connection, Continental Automotive, COSMOTE, Deutsche Telekom, DHL, Drivewyze, DYY Ltd, Eleos, EPA (Environmental Protection Agency), Epicor Software, Esri, e-Toll, Federal Motor Carrier Safety Administration, FieldAware, Ford, General Motors, Genetec, Girolimpio, Greenmile, Heyl, Hub Group, Idelic, InstallerNet, John Deere, Kienzle Automotive, Liberty, Linixio, McLeod Software, Meyer Automotive, Microsoft, MILA, Netradyne, NHTSA (National Highway Traffic Safety Administration), Noregon, Oracle, Pepsi, ProMiles, QuikQ, Rogers, SafetyDirect, Target, Telia, Telstra, TELUS, The Economist Group, Trimble, Tyson, Uniserve, Viso.ai, Voyomotive, Walmart.
 
 
 
 

Juniper Research’s Fleet Tracking & Logistics forecast suite includes:

• Metrics comprise fleet tracking & logistics forecasts, including total number of commercial vehicles tracked using fleet tracking systems, total annual spend on fleet tracking hardware and software, total number assets tracked, total annual spend on asset tracking hardware and software, total annual spend on fleet tracking & logistics hardware and software, split by small, medium and large businesses.
• Interactive scenario tool allowing users to manipulate Juniper Research’s data for four different metrics.
• Access to the full set of forecast data of 70 tables and 47,900 datapoints.

Geographical splits: 60 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

Global Spend on Asset Tracking

Global spend on asset tracking by enterprises will increase from $16 billion in 2022 to $45 billion in 2027 – a substantial growth of 184%. The management and security of high-value assets is becoming of increasingly significant importance for many stakeholders and demand for technologies that provide real-time monitoring within the supply chain are ever more demanded.

• Asset tracking in this context refers to systems that leverage wireless connectivity to remotely monitor assets’ locations, based on real-time data with the aim of better managing asset condition.
• The growing availability and affordability of asset tracking solutions will drive adoption of managed services amongst the largest enterprises that operate their own supply chains for high-value assets. The most sought-after solutions will be those which can demonstrate a return on investment by minimising theft and loss of assets during transit.
• The number of assets tracked will reach 24 billion by 2027; increasing from only 8 billion in 2022. Asset tracking providers must include real-time monitoring solutions that can leverage multiple technologies, including 4G, 5G and GPS. Whilst widely used today, GPS is a cost-effective technology, however the comprehensive network capabilities of 4G and 5G must be implemented to monitor assets with the highest values.
• This increasing reliance on 5G will present significant opportunities for hardware vendors over the next five years. The growing demand for ‘always connected’ supply chain solutions will drive the interest in 5G-enabled asset tracking hardware. In turn, supply chain hardware vendors must focus development on sensors that leverage the data-intensive nature of 5G to provide features, such as real-time anti-tampering notifications.