Smart Fleet-on-board Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Smart Fleet-On-Board Devices Industry Overview

The major players in this industry provide various solutions like ticketing solutions, real-time fleet location data, automatic vehicle monitoring data and much more and hence this industry has some niche players who specialize in one or two technologies of the entire spectrum of fleet management software. Some of the major players are - Televic N.V.,Xerox Corporation,Trapeze Software Inc. (Constellation Software Inc.),Cubic Transportation Systems Limited,Clever Devices Ltd among others. Some of the recent developments in this industry are:-

• January 2018 - Clever Devices Ltd., the leading provider of ITS solutions in North America, announced the launch of a groundbreaking Disruption Management module for its CleverCADfleet management solution. The Disruption Management module enables CleverCAD users to react quickly to service disruptions that occur due to inclement weather, traffic or road conditions, or vehicle maintenance issues. Users can quickly make service changes to address issues, and all changes are immediately reflected on affected vehicles and in Clever Devices' real-time passenger information system. This ensures that both operators and passengers get the updated information, in real-time.
• October 2017 - Cubic Corporation’s Cubic Transportation Systems (CTS) business division was selected by the New York Metropolitan Transportation Authority (MTA) to replace the iconic MetroCard with a proven, next-generation fare payment system similar to that used on the bus, Tube and rail services operated by Transport for London (TfL). The new system enabled customers to create personalized transit accounts to see ride history, check balances, add value as well as report lost or stolen cards to protect their funds.