Fleet Management Solution Market, By Deployment (Cloud, On-premise), By Type (Vehicle Management, Driver Management, Operations Management), By End-use Industry (Transportation & Logistics, Automotive, Retail, Government, Shipping), By Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Fleet management refers to a process of enabling companies to streamline and coordinate work vehicles with an objective to reduce costs, provide compliance with government regulations, and enhance efficiency. Different solutions are offered under fleet management such as operations management, driver management, fuel management, speed management, health and safety management, vehicle telematics, and vehicle management. Furthermore, fleet management solutions include various advanced technologies including GPS, data communication, Internet of Things (IoT), artificial intelligence (AI), machine learning, Fleet Management Solution, etc. The global fleet management solution market focuses on six
Market Dynamics
Fleet management solution includes data management and analytics, which has increased its adoption significantly. Data management and analytics have become crucial since companies have been able to save additional costs. Moreover, these features help collect data from various business processes, synthesize them, and make sense of data points. Data management and analytics form the backbone of an effective and competitive fleet management company. This, in turn, is expected to drive growth of the global fleet management solution market during the forecast period. A majority of transport companies are shifting towards smaller vehicles and fleets, in order to reduce fleet costs and offer better fuel efficiency. With this, many organizations are focused on reducing their operational expenses. Furthermore, downsizing to smaller vehicles offers much lower total cost of ownership (TCO) as compared to heavy vehicles. Numerous fleet management organizations across the globe are trying to program and put a limit on the fleet performance while maintaining balance between driver satisfactions. Thus, these factors are expected to propel the global fleet management solution market growth in the near future.
Key features of the study:
This report provides an in-depth analysis of the Global Fleet Management Solution Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Fleet Management Solution Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Fleet Management Solution Market includes Emkay, Inc., Element Fleet Management Corp., Magellan Navigation, Inc., Daimler Fleet Management GmbH, Telogis, Inc. (Verizon), JDA Software Group, Inc., Trimble Inc., Wheels, Inc., TomTom Telematics BV, and MiX Telematics Ltd.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Fleet Management Solution market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Fleet Management Solution Market.
Detailed Segmentation:
Global Fleet Management Solution Market, By Deployment:
Cloud
On-Premise
Global Fleet Management Solution Market, By Type:
Vehicle Management
Driver Management
Operations Management
Global Fleet Management Solution Market, By End-use Industry:
Transportation & Logistics
Automotive
Retail
Government
Shipping
Global Fleet Management Solution Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Daimler Fleet Management GmbH
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Element Fleet Management Corp.
Emkay, Inc.
JDA Software Group, Inc.
Magellan Navigation, Inc.
MiX Telematics Ltd.
Telogis, Inc. (Verizon)
TomTom Telematics BV
Trimble Inc.
Wheels, Inc.
Browse all the market data tables and figures on “Global Fleet Management Solution Market - Forecast to 2028”
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook