Published by consultancy Ptolemus, the Connected Fleet Services Global Study extends to 650 pages and explains how the fuel card, vehicle diagnostics, telematics, tolling and insurance industries must integrate their offers to claim the $61 billion commercial fleet management market.
Market competition and the emergence of connected vehicles are improving the situation, says the report, but these services are still delivered in silo fashion.
Frederic Bruneteau, Ptolemus managing director, says this means commercial transport as a whole “is lagging behind in the race towards digitalisation”.
He adds: “Most containers are still not tracked, most databases are still not connected to each other and commercial fleet managers are still inundated with paperwork. The solution is simple: sharing and using the same data across silos, using vehicle connectivity and cloud solutions.”
Using interviews with 70 executives across commercial road transport and other fleet sectors, the report claims to be the first to appraise the size and potential of the complete commercial vehicle services market beyond telematics.
The full 650-page report is available to purchase. Alternatively, a shorter abstract, including executive summary, can be downloaded. For either, go to https://is.gd/isokoz.