TagMaster AB
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TagMaster AB - overview
Established
1994
Location
-, -, Sweden
Primary Industry
Telecoms
About
TagMaster AB is a Swedish company that specializes in advanced sensor systems, focusing on Radio Frequency Identification (RFID) and Automatic Number Plate Recognition (ANPR) technologies to enhance operational efficiency in traffic management and related sectors. Founded in 1994 in Sweden, TagMaster AB develops sensor solutions for vehicle identification and traffic management. The company has evolved its operations to include various technologies for Smart Cities and transportation systems. The current CEO is Jonas Svensson, who has been pivotal in leading the company’s growth and strategic direction in the market.
TagMaster specializes in advanced sensor systems and solutions designed for demanding environments, focusing primarily on Radio Frequency Identification (RFID) and Automatic Number Plate Recognition (ANPR) technologies. Their core product offerings aim to enhance operational efficiency in traffic and rail systems by providing solutions that improve vehicle detection, identification, and management. These innovative technologies serve various sectors, including Smart Cities, transportation networks, and parking management, with a clientele that spans Europe, the Middle East, Asia, and North America. TagMaster operates under well-regarded brands, including TagMaster, Sensys Networks, Citilog, and Quercus Technologies, and its products are extensively utilized in applications such as automated vehicle identification, traffic management, and security controls.
The company has established a strong presence in both the European and U. S. markets, ensuring its products address the unique challenges and requirements of these regions. For the most recent fiscal year 2023, TagMaster reported a revenue of USD 38.
17 mn and an EBITDA of USD 5. 39 mn. The company generates revenue through the sale of its advanced sensor systems and associated services, primarily leveraging B2B transactions that cater to municipalities, transportation authorities, and private sector clients. The revenue model includes direct sales of its flagship products, such as RFID and ANPR systems, alongside offering technical support and repair services.
Partnerships with systems integrators and distributors play a critical role in expanding their market reach.
Primary Industry
Telecoms
Sub Industries
Cable Service Providers
Website
www.tagmaster.com
Total Amount Raised
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