"The commercial telematics industry continues to see strong growth with fleet management system vendors increasing their installed base of vehicles under management. While until recently reaching the milestone of 100,000 subscriptions was exceptional, more than 20 vendors have now exceeded this number with Masternaut, TrafficMaster, Telogis and TomTom even having passed the 200,000 mark and Fleetmatics, Trimble and Qualcomm the 300,000 mark," says ABI Research vice president and practice director Dominique Bonte.

An overwhelming majority (86 percent) of fleet professionals said at least half of their fleet processes could be made more efficient through technology, but less than half (44 percent) said they will invest in new technologies in the coming year, according to a survey released by ARI, a global fleet services provider. This gap points to a need for technology implementation across the industry as a means of increasing efficiency and decreasing costs.