Fleet Management Market 2025-2029
The fleet management market is forecasted to grow by USD 52233.3 mn during 2024-2029, accelerating at a CAGR of 15.6% during the forecast period. The 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 rise in e-commerce and last-mile delivery, growing focus on asset tracking, and increasing popularity of cold chain transportation.
Technavio's fleet management market is segmented as below:
By Type
By Vehicle Type
- Commercial fleet
- Passenger car
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing 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 rise in adoption of connected vehicles and vehicle-to-everything communication will lead to sizable demand in the market.
The report on the fleet management market covers the following areas:
- Fleet Management Market sizing
- Fleet Management Market forecast
- Fleet Management Market industry analysis
The 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, Bridgestone Corp., Chevin Fleet Solutions, Donlen Corp., Element Fleet Management Corp., Fleetio, Geotab Inc., GPS Insight, GURTAM, Holman Inc., MiX Telematics Ltd., Motive Technologies Inc., NetraDyne Inc., Samsara Inc., Solera Holdings LLC, JSC Teltonika, TomTom NV, Trimble Inc., Verizon Communications Inc., Via Transportation Inc., and Vontier Corp.. 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.
The publisher 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 primary and secondary research. The 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.