Fleet (vehicle) management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, speed management, fuel management and health and safety management.
Scope of the Report:This report studies the Fleet Management Systems market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Fleet Management Systems market by product type and applications/end industries.
As per the geographic analysis, North America is estimated to hold the largest market share during the forecast period. This is due to the early adoption of fleet management technologies, majorly for commercial vehicles in this region. North America constitutes of developed economies, such as the US and Canada. These countries are significantly advanced in terms of technology and its application deployments. Moreover, government regulations, policies, and mandates for the different applications of fleet management are expected to drive the market growth in North America.
The managed services segment is expected to grow at the fastest rate during the forecast period, owing to the increased adoption of outsourced managed services. Integrated facility management, consultancy, and round-the-clock help desk are some of the upcoming managed services required by fleet operators. Moreover, it has become difficult for companies to focus on core business processes and support various other functions, which in turn, increases the significance of managed services. These services offer technical skills that are required to maintain and update the software in the fleet management ecosystem.
The global Fleet Management Systems market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Fleet Management Systems.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Omnitracs
Trimble
Fleetmatics
Alphabet
Telenav
Arvento
Teletrac
EMKAY
Gurtam
ARI
FleetCor
Navman Wireless
TomTom
I.D. Systems
AssetWorks
BSM Wireless
E6GPS
Mike Albert
Microlise
Etrans
Wiesless Matrix
Scania Fleet
Transcore
Transics
Blue Tree
Fleetboard
Inosat
Tracker SA
Zonar
Dynafleet
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Operational Fleet Monitoring and Management
Vehicle Dispatch
Driver Scheduling
Asset Tracking
Condition Based Maintenance
Security and Safety Management
Other
Market Segment by Applications, can be divided into Logistics and Transportation
Public Transportation
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
