Fleet Management Market, By Solution (Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, Fleet Analytics and Reporting), Service (Professional and Managed), Deployment Type, Fleet Type and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Fleet Management System Market size is projected to reach a CAGR of 11.2% from 2021-2028.
Fleet Management System is a combination of software, hardware, and communication technology. The combined effect of these technologies helps the fleet owners to track and maintain the vehicles and thereby makes them more accessible, identifiable, and cost-effective. It involves managing all the aspects of a vehicle in a company. Three basic components of fleet management are position & material monitoring, production monitoring & equipment assignment, & optimization.
Increasing adoption of the technology, mandatory incorporation of Electronic Logging devices in vehicles, and the increase in international trade are some of the factors that have supported long-term expansion for Fleet Management System Market.
APAC is expected to grow at the highest CAGR during the forecast period. The region is transforming dynamically with respect to the adoption of new technologies across various sectors. The infrastructural growth in APAC, especially in Japan, South Korea, Australia, Singapore, China, and India.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 11.2% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Component, deployment type, fleet type and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Mix Telematics, Geotab, Teletrac Navman, Automotive Rentals Inc., Omnitracs, Trimble, Verizon Connect, Wheels, Inc., Chevin Fleet Solution, and Donlen Corporation. |
Available Customization |
In addition to the market data for Fleet Management System Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Fleet Management System Market is segmented into component, deployment type, fleet type and region.