More than 21 percent of commercial vehicles in Southeast Europe will be equipped with telematics systems by 2024

Ljubljana, Slovenia – 18 February 2021

According to a new market research from analyst firm Ergo Institute, the number of commercial vehicles in Southeast Europe in 2018 was 12.2 million. Of the total number of commercial vehicles in use in the region, 56.6% were light commercial vehicles and 16.7% were trucks. 

The research shows that there are approximately 150 telematics solution providers in Southeast Europe – about 5-10 in each country. More companies can be identified in EU countries and Turkey, while fewer telematics solution providers can be found in Albania, Moldova, Kosovo, Montenegro and North Macedonia. 

According to the research, 1.800,000 commercial vehicles in Southeast Europe had already been equipped with telematics solutions by the end of 2019. That means that telematics systems had already been implemented in 14.2% of all commercial vehicles in the region in 2019. Growing at a compound annual growth rate (CAGR) of 13.34%, the number of equipped vehicles is expected to grow from 2 million in 2020 to 3.3 million in 2024. 

The market penetration rate will grow from 15.2% in 2020 to 21.4% in 2024. Slovenia is still the market with the largest share of equipped commercial vehicles (approximately 50%), followed by Croatia with market penetration rate more than 35%, and Hungary, Bulgaria, Turkey and Romania, which are estimated to have a market penetration rate of 15 to 20%.

Alenka Bezjak Mlakar, PhD, the author of the research paper, commented: “We estimate that identified regional players monitor 75% of all equipped vehicles in the region. Regional players will play an important role in the future growth of the telematics for fleet management in the region. It can be estimated that in the next 5 years the total number of commercial vehicles in use in Southeast Europe will grow at a compound annual growth rate of 4% or approximately 0.5-0.6 million commercial vehicles per year.”

These findings are part of Ergo Institute’s research Commercial vehicles in Southeast Europe: Telematics solutions and perspectives (more info: www.telematics-conference.com/seeurope/market-research). The research is part of Telematics conference & expo, which organizes telematics focused events. For more information about recent events please visit ceeurope.telematics-conference.com.

Author and PR contact:
Alenka Bezjak Mlakar:  alenka at telematics-conference.com
 

February 18, 2021 – OleumTech®, a leading provider of industrial automation and IoT solutions, today announced the release of a new RTD Temperature Transmitter to its H Series line of hardwired instrumentation, available in 4-20 mA and RS485 Modbus.  The H Series RTD Transmitter is perfectly suited for mission-critical industrial applications where reliability and accuracy are of utmost importance.  The newly added device is designed for use in Class I, Division 1 hazardous locations with an Explosion-proof, IP67-rated housing.  Users can effortlessly configure the device using the push-buttons on the backlit LCD interface while also gaining instant local access to temperature data.
“Our goal is to continue to develop feature-rich, highly reliable, and accurate process automation instrumentation while offering them at price points unrivaled by our competitors.  With our new hardwired RTD Transmitter, we are doing exactly that.  We will stay persistent in our efforts in providing new and better choices and enable OleumTech as a one-stop-shop for remote process automation needs,” said Vrej Isa, COO.

CloudTalk Online 2021 Brings Together IT Professionals of Eurasia for the 2nd Time

Eurasia's most comprehensive and widely attended online cloud technology event "CloudTalk Online Matchmaking Summit" will host household names in the cloud computing sector across the region for a second consecutive year on 26-27 May 2021.

Indicating his preference to exploit the full potential of online events in 2021 given the continuation of the current pandemic and the accompanying health hazards, CloudTalk CEO Burkay Yapağcıoğlu stated that the 2020 CloudTalk Online Matchmaking Summit offered over 2,000 technology professionals from 20 countries the opportunity to engage with 60+ international cloud experts in 5 different halls. 

“We had an extraordinary digital conference and fair experience for our participants in 2020”, said Yapağcıoğlu, before adding that their 2021 goals are more ambitious and that they expect to host more than 3,000 participants this year.

Opportunity to Meet Tech Mammoths with a Brand New Fair Experience

Over 124,000 interactions, 1,200 one-on-one meetings, 570 hall meetings, an average of 300 viewers per session, 3,700 message deliveries and 5,000+ profile viewing were among some of the feats achieved in last year’s event. Tech mammoths such as Alibaba Cloud, Acronis, Cloudflare, Mailchannels, Synacor, and ResellerClub met with participants in the virtual foyer area during the CloudTalk Online Matchmaking Summit 2020, making it the number one networking event of Eurasia that linked individual participants within their respective fields and to the job opportunities they had been looking for. 

Aiming to bring together more than 100 major tech enterprises and over 3,000 IT professionals in the virtual foyer area this year, the 2021 event ensures that participants have the opportunity to link with a greater number of prospects in the cloud technology sector.

Digital Infrastructure that Will Enable You to Reap the Maximum Gain from the Event

CloudTalk Online Matchmaking Summit facilitates professional time management by allowing meeting plans with thousands of participants from 20+ countries across Eurasia before and during the conference, offers group video calls in the form of roundtables in networking lounges, enables participants to engage in conversation with people of their choosing through the chat feature, and allows everyone to see one another thanks to its open-participant interface. With its notification and reminder features, the interface guarantees that all participants reap the maximum gain from the event by making it easier for them to attend the presentations in the 5 different halls sorted according to their interests. 

Broad Participation Opens the Door to New Opportunities in the Business World

In addition to global tech giants such as Amazon, IBM, Microsoft, and Alibaba Cloud, the participant profiles of the 2020 event consisted of C-level IT managers, IT specialists, network and system administrators, security managers, data centre specialists, cloud architects, software developers, product managers, sales and business development representatives, independent consultants and end users.

Don't be Late for Registration

Confirming that CloudTalk Online Matchmaking Summit 2021, which will take place on 26-27 May, is now open for registration, Burkay Yapağcıoğlu stated that the process of sending meeting requests and creating personal agendas to match participants with one another will begin 3 days before the event, and that all registered participants and partners can continue communicating on the platform for 2 additional days after the event.

Reminding their limited preparation for a flawless communication management of participants and partners, Yapağcıoğlu stated that they are extremely pleased with the interest this year, despite the registrations having been just opened.

Visit the event's website to register for CloudTalk Online | Matchmaking Summit 2021: