FLEETDRIVE
Telematics
After decades as a niche feature,
the backend of the 2010s saw
telematics finally emerge into the
automotive mainstream. Research
on car-data-monetisation trends
and characteristics suggests that
this value pool of telematics could
be as large as $750 billion by
2030. This rise has largely been
a result of two key developments
– first the increased willingness
of governments to mandate
specific telematics services, such
as emergency-call capabilities,
which is already happening in the
European Union and second the
increasing appetite from consumers
for greater connectivity and
intelligence in their vehicles.
Fast Fact: As of 2017, 96% of all
new vehicles are equipped with
telematics technology.
Mobility As A Service
According to a recent publication from
Fleetcare, one of the biggest changes
that’s been happening for the fleet
management industry in the past
decade is the evolution of Mobility as a
Service (MaaS). Already organisations
are introducing integrated services to
manage their employees’ mobility needs,
such as public transport and ride sharing,
parking, vehicle charging and rentals.
Perhaps unsurprisingly, the under 30s
EVs
Electric vehicles have long been
on the rise, but you can perhaps
bookmark 2017 as a defining
change in the global uptake of
electric vehicles. This was largely
spearheaded by governments
proposing targets to ban the
sale of petrol and diesel vehicles
and increased investment from
industry. Australia’s Macquarie
Bank said that 2017 “was the
year that electric vehicles became
mainstream” while the International
Energy Agency noted an increase
of 56 per cent globally from 2016
to 2017, to reach sales volumes of
over 1 million in 2017.
Fast Fact: In 2011, Australia sold
just 49 electric vehicles, while
in 2018 that number grew to
approximately 2,700.
demonstrate a much stronger preference
for MaaS and on-demand services than
their older counterparts (40% versus 14%
of over 65s), so the rise of MaaS will be
felt even more so in the future as younger
employees begin taking on board more
senior industry positions.
Fast Fact: The MaaS market
is expected to reach a market
capitalisation of about 9.5 trillion U.S.
dollars by 2030.
ISSUE 20 2019 / WWW.AFMA.ORG.AU
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