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The Wall Street Publication > Blog > Business > Verizon Join highlights rising GPS monitoring use and sustainability in 2025 Fleet Expertise Tendencies Report
Business

Verizon Join highlights rising GPS monitoring use and sustainability in 2025 Fleet Expertise Tendencies Report

Editorial Board Published November 18, 2024
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Verizon Join highlights rising GPS monitoring use and sustainability in 2025 Fleet Expertise Tendencies Report
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What you’ll want to know:

In 2024, 78% of fleets are utilizing GPS monitoring know-how, a 5-point enhance from final yr, indicating rising confidence in fleet options
The survey highlights GPS fleet monitoring know-how as important for delivering outcomes, enhancing competitiveness, and constructing resilience throughout key industries, with 65% of respondents reporting it as helpful for lowering fleet prices
Electrical car adoption throughout Europe is rising yr over yr, with 53% of surveyed fleets now incorporating EVs, up from 10% final yr

Verizon Join at the moment launched its annual 2025 Fleet Expertise Tendencies Report for Europe, that includes the rising adoption and advantages of superior fleet administration applied sciences amongst European companies.

Carried out by ABI Analysis, the report attracts on insights from 1,318 European fleet managers, executives, and different cell enterprise professionals, highlighting the tangible worth that fleet monitoring know-how brings to their operations.

The report reveals that 78% of fleets now utilise GPS monitoring know-how—a 5% enhance from the earlier yr—reflecting a rising confidence in these options. As European inflation charges ease, dropping to 2.5% in 2024 with a projected lower to 2.1% in 2025, companies are more and more leveraging know-how to deal with financial challenges. The survey additionally identifies the highest industries utilising fleet administration information: development, normal freight, authorities, providers, and passenger transportation.

Key findings embody:

Excessive satisfaction and value financial savings with GPS fleet monitoring. Seventy-five per cent of fleets utilizing GPS monitoring software program discovered it “very” or “extremely” helpful for fleet administration, demonstrating excessive satisfaction and the know-how’s impression on operational capabilities. In the meantime, a majority of respondents (65%) famous GPS monitoring as “very” or “extremely” helpful for lowering fleet prices, underscoring its function in serving to companies reduce operational bills and enhance profitability.
Sturdy ROI and productiveness positive aspects. Companies throughout the highest 5 industries reported a optimistic ROI inside 12 months of implementing GPS monitoring, underscoring the monetary advantages and effectivity positive aspects supplied by the know-how. Moreover, 67% of respondents cited productiveness enhancements, positioning fleet monitoring as a key differentiator for optimising useful resource utilisation and enhancing total efficiency.
Complete value financial savings. Fleet monitoring applied sciences, significantly GPS, have confirmed efficient in reaching substantial value financial savings, with companies reporting:

24% discount in gas consumption
19% lower in accidents
19% discount in labour prices
16% lower in car upkeep prices
20% discount in insurance coverage prices

Advantages of sensible applied sciences. The adoption of built-in video options and different sensible applied sciences has additionally been well-received:

75% cited improved driver security.
70% noticed improved safety from false claims.
47% reported decreased insurance coverage prices.

Dedication to sustainability and EV adoption. Dedication to sustainability is rising, with 53% of respondents now incorporating EVs into their fleets, up from 43% the earlier yr—reflecting a stronger concentrate on eco-friendly practices. Fleet monitoring additionally performs a significant function, serving to companies scale back CO₂ emissions by 25% and supporting greener, extra sustainable operations.

“As fleet management continues to evolve, it’s clear that technology is more than just an investment, it’s a critical driver of efficiency, safety, and sustainability,” mentioned Peter Mitchell, Basic Supervisor, Verizon Join.

“The findings from this year’s Fleet Technology Trends Report highlight a strong commitment across industries to embracing fleet technology. As fleets face rising costs and increased regulatory pressures, these technologies are proving to be indispensable in helping organisations optimise their operations, reduce expenses, and navigate the path toward a more sustainable future.”

TAGGED:ConnectfleetGPshighlightsreportrisingSustainabilityTechnologyTrackingtrendsVerizon
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