Fleet Management Market, By Application Type (Real-Time Location Monitoring, Weight/Volume Tracking, Fuel Management, Driver Management, Maintenance Management, and Accounting and Insurance), By Commercial Vehicle Type (Light Commercial Vehicles, and Heavy Commercial Vehicles), By Component (Hardware, Software, and Service), By Deployment (Cloud, and On-Premises), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
In the trucking, freight or shipping industry, fleet management involves overseeing a company’s vehicle and driver operations. This includes ensuring that customers are getting their products delivered on time and that employees are safe while driving the vehicles. A well-organized and efficient fleet management program reduces risk and leads to higher customer satisfaction. It also increases the productivity of the vehicle and driver to get the job done. For example, fleet management may include a process that limits drive times to prevent drowsy driving and other issues that can lead to accidents. It also may involve a safety program that includes training and monitoring systems to keep track of driver performance and safety.
Market Dynamics:
The increase in the use of wireless technology owing to its low costs and ease of integration is anticipated to propel growth of the global fleet management market over the forecast period. Moreover, the rising demand for full-service leasing is also driving the market growth. This trend is being driven by the growing number of small fleets, which need a more efficient way to track and manage their vehicles. Additionally, many businesses are turning to full-service leasing because it offers a more cost-effective and flexible way to acquire and maintain vehicles.
However, factors such as the increasing number of cyber threats and a lack of uninterrupted and seamless internet connectivity are expected to limit the global market’s growth. Furthermore, the rising cost of fuel is likely to have a negative impact on the market.
Key features of the study:
This report provides in-depth analysis of the global fleet management market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global fleet management market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AT&T Inc., Verizon, Zebra Technologies Corp., Trimble Inc., Teletrac Navman US Ltd., TomTom International BV, and Others
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global fleet management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fleet management market
Detailed Segmentation:
Global Fleet Management Market, By Application Type:
Real-Time Location Monitoring
Weight/Volume Tracking
Fuel Management
Driver Management
Maintenance Management
Accounting and Insurance
Global Fleet Management Market, By Commercial Vehicle Type:
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Fleet Management Market, By Component:
Hardware
Software
Service
Global Fleet Management Market, By Deployment:
Cloud
On-Premises
Global Fleet Management Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
AT&T Inc.
Verizon
Zebra Technologies Corp.
Trimble Inc.
Teletrac Navman US Ltd.
TomTom International BV
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Application Type
- Market Snapshot, By Commercial Vehicle Type
- Market Snapshot, By Component
- Market Snapshot, By Deployment
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Rise in number of asset and vehicle thefts
- Increasing cases of road accidents
- Restraints
- Need to connect information together through various sources
- Risk of cyber-attacks
- Opportunities
- Growing demand for autonomous and connected vehicles
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Fleet Management Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Fleet Management Market , By Application Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Real-Time Location Monitoring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Weight/Volume Tracking
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Fuel Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Driver Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Maintenance Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Accounting and Insurance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- 6. Global Fleet Management Market , By Commercial Vehicle Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Light Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Heavy Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 7. Global Fleet Management Market , By Component, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 8. Global Fleet Management Market , By Deployment, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- On-Premises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- 9. Global Fleet Management Market , By Region, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Commercial Vehicle Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2023-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Commercial Vehicle Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2023-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Commercial Vehicle Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2023-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Commercial Vehicle Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2023-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Commercial Vehicle Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2023-2030,(US$ Bn)
- 10. Competitive Landscape
- AT&T Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Verizon
- Zebra Technologies Corp.
- Trimble Inc.
- Teletrac Navman US Ltd.
- TomTom International BV
- Analyst Views
- 11. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Global Fleet Management Market” - Global forecast to 2030
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