EUROPE TELEMATICS SOFTWARE AND SERVICE MARKET ANALYSIS

Europe Telematics Software and Service Market, By Component (Software/Platform, Services). The Services segment is again divided into Consulting, Implementation, Support & Maintenance), By Deployment (On-Premise, SaaS), By Solutions (Vehicle Tracking/Recovery (Fleet Management), Intrusion Detection, Analytics & Reporting, Others), By Application (Secured onboard communication, Behavioral Management, Emergency Calling /Alerts, Fuel Management, Route Planning, Vehicle maintenance and monitoring), and by Country (UK, France, Germany, Spain, Italy, Nordic Countries, Central & Eastern Europe, CIS, Rest of Europe) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Merger and Acquisition:

In December 2019, Octo Telematics acquired Nebula Systems, a U.K.-based company. This acquisition would help Octo to gain expertise in intelligent vehicle diagnostics technology.
In January 2018, Verizon Communications Inc. announced the acquisition of Movildata Internacional, a Murcia, Spain-based provider of commercial fleet management solutions.
In August 2016 Verizon Communications Inc. acquired Fleetmatics, a leading global provider of fleet and mobile workforce management solutions.

Product Launch:

For instance, in April 2021, Astrata launched VideoLinc, a video surveillance solution, to improve road safety and reduce accident claim costs.
In January 2021, Trimble Inc. launched VisionLink software equipped with Association of Equipment Management Professionals (AEMP) 2.0/ ISO-15143-3 telematics standard for fleet management.
In December 2020, Octo Telematics launched OCTO IoT4 Insurance using Salesforce Platform which helps customers to analysis driver behavior.
In April 2020, Aplicom launched Aplicom Data Service, ADS, a secure cloud-based service that delivers the data from Aplicom A-series telematics devices using RESTful application programming interfac or REST API, in a parsed JavaScript Object Notation or JSON format