Installed fleet management systems in Europe to hit 22.5M by 2025

Research from Berg Insight suggests the installed base of fleet management systems in Europe will hit 22.5 million by 2025.

The analysts forecast a compound annual growth rate (CAGR) of 14.4 percent, showing the growing interest in systems for monitoring fleets.

Berg Insight estimates the current number of management systems deployed for commercial vehicle fleets in Europe to have reached 11.5 million at the end of 2020.

Webfleet Solutions is named as the...