Global Fleet Management Market 2023-2027

Global Fleet Management Market 2023-2027

Technavio has been monitoring the fleet management market and is forecast to grow by $57278.74 mn during 2022-2027, accelerating at a CAGR of 18.77% during the forecast period. Our report on the fleet management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for operational efficiency, increase in mergers and acquisitions, and growing popularity of cold chain transportation.

Technavio's fleet management market is segmented as below:

By Service

  • Subscription
  • Hardware
  • others
By Vehicle Type
  • Commercial fleets
  • Passenger cars
By Geography
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the growing adoption of telematics and autonomous vehicles as one of the prime reasons driving the fleet management market growth during the next few years. Also, growing focus on efficient use of data to enhance fleet management and mobility-as-a-service (MaaS) to provide new revenue streams will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the fleet management market covers the following areas:
  • Fleet management market sizing
  • Fleet management market forecast
  • Fleet management market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fleet management market vendors that include AT and T Inc., Avrios International AG, Azuga Inc., Chevin Fleet Solutions, ClearPathGPS Inc., Donlen Corp., Element Fleet Management Corp., Fleetio, Fleetonomy, GURTAM, Holman Inc., MiX Telematics Ltd., Motive Technologies Inc., Omnitracs LLC, OTS Group Ltd., Samsara Inc., Teletrac Navman US Ltd., TomTom International BV, Trimble Inc., and Verizon Communications Inc. Also, the fleet management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Service
      • Table Executive Summary – Chart on Market Segmentation by Vehicle Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global fleet management market 2017 - 2021
      • Table Historic Market Size – Data table on global fleet management market 2017 - 2021 ($ million)
    • Service Segment Analysis 2017 - 2021
      • Table Historic Market Size – Service Segment 2017 - 2021 ($ million)
    • Vehicle Type Segment Analysis 2017 - 2021
      • Table Historic Market Size – Vehicle Type Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Service
    • Market segments
      • Table Chart on Service - Market share 2022-2027 (%)
      • Table Data Table on Service - Market share 2022-2027 (%)
    • Comparison by Service
      • Table Chart on Comparison by Service
      • Table Data Table on Comparison by Service
    • Subscription - Market size and forecast 2022-2027
      • Table Chart on Subscription - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Subscription - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Subscription - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Subscription - Year-over-year growth 2022-2027 (%)
    • Hardware and others - Market size and forecast 2022- 2027
      • Table Chart on Hardware and others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Hardware and others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Hardware and others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Hardware and others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Service
      • Table Market opportunity by Service ($ million)
  • Market Segmentation by Vehicle Type
    • Market segments
      • Table Chart on Vehicle Type - Market share 2022-2027 (%)
      • Table Data Table on Vehicle Type - Market share 2022-2027 (%)
    • Comparison by Vehicle Type
      • Table Chart on Comparison by Vehicle Type
      • Table Data Table on Comparison by Vehicle Type
    • Commercial fleets - Market size and forecast 2022-2027
      • Table Chart on Commercial fleets - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Commercial fleets - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Commercial fleets - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Commercial fleets - Year-over-year growth 2022-2027 (%)
    • Passenger cars - Market size and forecast 2022-2027
      • Table Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Vehicle Type
      • Table Market opportunity by Vehicle Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing need for operational efficiency
      • Increase in mergers and acquisitions
      • Growing popularity of cold chain transportation
    • Market challenges
      • Growing popularity of cold chain transportation
      • Data privacy issue
      • High cost of on-premise fleet management software
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Growing adoption of telematics and autonomous vehicles
      • Growing focus on efficient use of data to enhance fleet management
      • Mobility-as-a-service (MaaS) to provide new revenue streams
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AT and T Inc.
      • Table AT and T Inc. - Overview
      • Table AT and T Inc. - Business segments
      • Table AT and T Inc. - Key news
      • Table AT and T Inc. - Key offerings
      • Table AT and T Inc. - Segment focus
    • Avrios International AG
      • Table Avrios International AG - Overview
      • Table Avrios International AG - Product / Service
      • Table Avrios International AG - Key offerings
    • Azuga Inc.
      • Table Azuga Inc. - Overview
      • Table Azuga Inc. - Product / Service
      • Table Azuga Inc. - Key offerings
    • Chevin Fleet Solutions
      • Table Chevin Fleet Solutions - Overview
      • Table Chevin Fleet Solutions - Product / Service
      • Table Chevin Fleet Solutions - Key offerings
    • ClearPathGPS Inc.
      • Table ClearPathGPS Inc. - Overview
      • Table ClearPathGPS Inc. - Product / Service
      • Table ClearPathGPS Inc. - Key offerings
    • Donlen Corp.
      • Table Donlen Corp. - Overview
      • Table Donlen Corp. - Product / Service
      • Table Donlen Corp. - Key offerings
    • Fleetio
      • Table Fleetio - Overview
      • Table Fleetio - Product / Service
      • Table Fleetio - Key offerings
    • MiX Telematics Ltd.
      • Table MiX Telematics Ltd. - Overview
      • Table MiX Telematics Ltd. - Business segments
      • Table MiX Telematics Ltd. - Key news
      • Table MiX Telematics Ltd. - Key offerings
      • Table MiX Telematics Ltd. - Segment focus
    • Motive Technologies Inc.
      • Table Motive Technologies Inc. - Overview
      • Table Motive Technologies Inc. - Product / Service
      • Table Motive Technologies Inc. - Key offerings
    • Omnitracs LLC
      • Table Omnitracs LLC - Overview
      • Table Omnitracs LLC - Product / Service
      • Table Omnitracs LLC - Key offerings
    • Samsara Inc.
      • Table Samsara Inc. - Overview
      • Table Samsara Inc. - Product / Service
      • Table Samsara Inc. - Key offerings
    • Teletrac Navman US Ltd.
      • Table Teletrac Navman US Ltd. - Overview
      • Table Teletrac Navman US Ltd. - Product / Service
      • Table Teletrac Navman US Ltd. - Key offerings
    • TomTom International BV
      • Table TomTom International BV - Overview
      • Table TomTom International BV - Business segments
      • Table TomTom International BV - Key offerings
      • Table TomTom International BV - Segment focus
    • Trimble Inc.
      • Table Trimble Inc. - Overview
      • Table Trimble Inc. - Business segments
      • Table Trimble Inc. - Key offerings
      • Table Trimble Inc. - Segment focus
    • Verizon Communications Inc.
      • Table Verizon Communications Inc. - Overview
      • Table Verizon Communications Inc. - Business segments
      • Table Verizon Communications Inc. - Key offerings
      • Table Verizon Communications Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings