{"id":91377,"date":"2021-02-04T00:15:00","date_gmt":"2021-02-03T13:15:00","guid":{"rendered":"https:\/\/www.fnarena.com\/index.php\/2021\/02\/04\/fleet-completes-2021-outlook-report-reveals-key-insights-into-shifting-telematics-industry\/"},"modified":"2021-02-04T00:15:00","modified_gmt":"2021-02-03T13:15:00","slug":"fleet-completes-2021-outlook-report-reveals-key-insights-into-shifting-telematics-industry","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2021\/02\/04\/fleet-completes-2021-outlook-report-reveals-key-insights-into-shifting-telematics-industry\/","title":{"rendered":"Fleet Complete’s 2021 Outlook Report Reveals Key Insights Into Shifting Telematics Industry"},"content":{"rendered":"

"Unpacking 2021 for Fleet Telematics in North America<\/span>, Europe<\/span>, and Australia<\/span>" provides data-driven insights into the commercial vehicle industry, detailing trends gathered directly from stakeholders within the industry’s ecosystem.  <\/i><\/b><\/p>\n

TORONTO<\/span>, Feb. 3, 2021<\/span> \/PRNewswire\/ — Fleet Complete, a global provider of connected mobility solutions for business fleets, assets, and mobile workers, has released its annual report "Unpacking 2021 for Fleet Telematics in North America<\/span>, Europe<\/span>, and Australia<\/span>", focusing on commercial vehicle industry trends and insights. <\/p>\n

Between October and December of 2020, Fleet Complete conducted a Voice of Customer (VoC) research study, focused on its fleet clients. With survey data captured from fleets of all sizes, the report reveals findings on both the supply and demand sides of fleet telematics industry, identifying key trends and changes in the market today. <\/p>\n

"Last year was all about adapting to the ‘new normal’ during the pandemic, placing a spotlight on fleets as essential services. This year, we continue to see growth leading to record market penetration, with customers demanding more of their telematics solutions," explains Sandeep Kar<\/span>, Chief Strategy Officer at Fleet Complete. <\/p>\n

The analysis in key markets indicates that fleets in North America<\/span>, Europe<\/span>, and Australia<\/span> will add 3.2 to 3.9 million new subscriptions in 2021, representing 16% year-on-year growth. <\/p>\n

The top three factors for investing in fleet telematics solutions in 2021, according to the study, are:<\/p>\n

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  1. Real-time tracking of vehicles and assets; <\/li>\n
  2. Compliance and regulation; and <\/li>\n
  3. Enhancing fleet safety through driver coaching.<\/li>\n<\/ol>\n

    Among newly added subscriptions in 2021, the industry will see a significant increase in, and customer appetite for, OEM connectivity (factory-fitted telematics hardware). The VoC also noted increased demand for video telematics, particularly from heavy-duty fleets:<\/p>\n