Analytical company Berg Insight has recently conducted a research of GPS tracking and fleet management markets of Russia and Eastern Europe. Swedish experts are of the opinion that CIS transport telematics market has entered a growth period that will last for several years to come.
According to the research report, the number of active fleet management systems deployed in commercial vehicle fleets in Russia/CIS and Eastern Europe was 2.2 million in the 4th quarter of 2012. This number is growing at the average annual rate of 22.6 percent, therefore, it’s forecasted that Eastern European and CIS transport telematics market will reach the number of 6.1 million tracking units by 2017.
Berg Insight analysts mention that the leading FM providers in terms of installed base in CIS and Eastern Europe include diverse players from a number of countries. Gurtam, with 10 years of successful experience at the international GPS tracking and fleet management market, is established as the leading FM software provider active across most countries in the region with more than 300,000 vehicles managed through Wialon solutions.
Arvento Mobile Systems from Turkey and TechnoKom from Russia are also recognized as important telematics players on their respective domestic markets, with presence also in additional countries in both CIS and Eastern Europe. The Russian solution providers M2M Telematics, ENDS and Russian Navigation Technologies furthermore all have estimated installed bases in the range of 60,000–85,000 active units.
Berg Insight’s expectations for the future FM market in Eastern Europe and the CIS include a gradual convergence with the developments in Western Europe. The key trend, however, is a greater focus on popular cloud technologies, and anticipated development of Web-services, such as Wialon Hosting. “Eastern Europe is already today tracing the most developed European markets closely in terms of system functionality and service models”, — said Rickard Andersson, Telecom Analyst, Berg Insight. International market dynamics and increasing competition with Western solutions will foster this rapid development of FM market in Russia and Eastern Europe.