Canada fleet management market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.3% in the forecast period of 2022 to 2029 and is expected to reach USD 5,132.25 million by 2029. The increasing growth of infrastructure projects in the region is expected to drive the market's growth.
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Canada Fleet Management Market - Scope and Market Size:
Canada fleet management market is segmented into eleven notable segments based on components, lease type, mode of transport, hardware, fleet size, communication range, deployment, communication type, functions, operations, and end user.
· On the basis of components, the Canada fleet management market is segmented into solutions and services. In 2022, the solutions segment is expected to dominate the market as passive Canada fleet management provides comprehensive solutions for the time tracking of fleets.
· On the basis of lease type, the Canada fleet management market is segmented into on-lease and without lease. In 2022, on lease segment is expected to dominate the market as it gives more opportunity to the companies for scheduling services and repairs of the vehicles.
· On the basis of mode of transport, the Canada fleet management market is segmented into automotive, rolling stock, and marine. In 2022, the automotive segment is expected to dominate the market as it demands more diverse tasks for businesses that rely on transportation, controlling costs.
· On the basis of hardware, the Canada fleet management market is segmented into tracking, optimization, ADAS, diagnostics, and others. In 2022, the tracking segment is expected to dominate the market as it ensures that fleets are on time and every bit of information can be obtained.
· On the basis of fleet size, the Canada fleet management market is segmented into small fleets (1-5 vehicles), medium fleets (5-20 vehicles), and large & enterprise fleets (20-50+ vehicles). In 2022, the small fleets (1-5 Vehicles) segment is expected to dominate the market as it is high in demand because of lost cost.
· On the basis of communication range, the Canada fleet management market is segmented into short range communication and long range communication. In 2022, short range communication segment is expected to dominate the market as it uses extremely short magnetic pulses.
· On the basis of deployment, the Canada fleet management market is segmented into on-premise, cloud, and hybrid. In 2022, the on-premise segment is expected to dominate the market as it provides software that helps to provide visibility into in-transit fleets.
Canada Fleet Management Market - Country Level Analysis:
Canada fleet management market is analyzed and market size information is provided by country, components, lease type, mode of transport, hardware, fleet size, communication range, deployment, communication type, functions, operations, and end-user.
· An excessive rise in the demand for utility vehicles is expected to majorly boost the market in this region.
· The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Canadian brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
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Competitive Landscape - Canada Fleet Management Market
· Some of the major players operating in the Canada fleet management market are AT&T Intellectual Property, Astrata Group, Omnitracs (Acquired by Solera), Wheels, Inc., Geotab Inc., Verizon, Donlen, Cisco Systems, Inc., CalAmp, Mendix Technology BV, Faststream Technologies, Siemens, Sierra Wireless, DENSO CORPORATION, IBM Corporation, Robert Bosch GmbH, ORBCOMM, ARI Fleet Management Company, Azuga, a Bridgestone Company, Clovity.com, Transflo, HARMAN International., Element Fleet Management Corp., Vector Fleet Management, Continental AG, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT: -
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Canada Fleet Management Market Share by Product & Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=canada-fleet-management-market
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