Global Fleet Management Functions and Solutions Market Size, Status and Forecast 2022-2028
Market Analysis and Insights: Global Fleet Management Functions and Solutions Market
The global Fleet Management Functions and Solutions market size is projected to reach US$ 15.55 billion by 2028, from US$ 7.45 billion in 2021, at a CAGR of 11.09% during 2022-2028.
Fully considering the economic change by this health crisis, Vehicle Management accounting for 67.38% of the Fleet Management Functions and Solutions global market in 2021, is projected to value US$ 10.60 billion by 2028, growing at a revised 11.29% CAGR between 2022 and 2028. While Transport & Logistics segment is altered to an 11.26% CAGR throughout this forecast period.
China Fleet Management Functions and Solutions market size was US$ 1.04 billion in 2021, while the North America and Europe Fleet Management Functions and Solutions were US$ 4.06 billion and US$ 1.33 billion, severally. The proportion of the North America was 54.45% in 2021, while China and Europe were 14.02% and 17.79% respectively, and it is predicted that China proportion will reach 15.16% in 2028, trailing a CAGR of 12.35% through the analysis period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Fleet Management Functions and Solutions market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Fleet Management Functions and Solutions market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Fleet Management Functions and Solutions market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Fleet Management Functions and Solutions market.
Global Fleet Management Functions and Solutions Scope and Market Size
Fleet Management Functions and Solutions market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fleet Management Functions and Solutions market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
Verizon Connect Inc.
Trimble Inc.
Geotab Inc.
Motive Technologies, Inc.
Omnitracs, LLC (Solera Holdings, Inc.)
Beijing Chinaway Technology Co., Ltd.
Bridgestone
Holman Automotive, Inc.
Mix Telematics
PowerFleet, Inc.
Microlise Holdings Limited
ZF Transics
Orbcomm Inc.
Segment by Type
Vehicle Management
Driver Management
Others
Segment by Application
Transport & Logistics
Commercial Fleet
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
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