The fleet management market size is valued at USD 57.94 billion by 2028 and is expected to grow at a compound annual growth rate of 19.45% over the forecast period of 2021 to 2028.
The wide-ranging FLEET MANAGEMENT MARKET survey report endows with a thoughtful overview of product specification, product type, production analysis, and technology by taking into consideration the major factors such as revenue, cost, and gross margin. This industry analysis report is the best source that gives CAGR values with variations during the forecast period of 2022 - 2029 for the market. The study derives market drivers and restraints by using SWOT analysis, along with their impact on the demand over the forecast period. The winning FLEET MANAGEMENT MARKET report has been prepared based on the market type, size of the organization, availability on-premises, and the end-users’ organization type.
Fleet management market Scope & Size:
- Based on component, the fleet management market is segmented into solution and services. Solution has further been segmented into operations management, performance management, vehicle maintenance and diagnostics, fleet analytics and reporting and others. Others have further been sub-segmented into crash management and toll management. Services have further been segmented into after-sales services, claim inspection services, vehicle tracking/follow-up services and customer relationship management (CRM).
- Based on deployment mode, the fleet management market is segmented into on-premises, cloud and hybrid.
- On the basis of fleet type, the fleet management market is segmented into commercial fleets and passenger cars. Commercial fleets have further been segmented into light commercial vehicles and medium and heavy commercial vehicles. Passenger cars have further been segmented into internal combustion engine and electric vehicles.
- On the basis of management type, the fleet management market is segmented into driver management, asset management and operation management.
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Some of the key questions answered in this report:
How has the Fleet management market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-16.8 on the Fleet management market?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Fleet management market and who are the key players?
- What is the degree of competition in the industry?
Market Analysis and Insight: Fleet management market
- The fleet management market has a huge potential and is expected grow over the forecast period of 2021 to 2028, owing to the rise in the focus of fleet owners regarding operational efficiency. In addition, the high adoption of cloud computing and big data analytics solutions for streamlining fleet management operations is also largely influencing the growth of the fleet management market. Also, the waning hardware and IoT connectivity costs’ leading to increased deployment of fleet management solutions is another driver anticipated to flourish the fleet management market growth. Additionally, the rise in global fleet size of the light and heavy commercial vehicles and stringent government mandates are also expected to boost the growth of the fleet management market in the above-mentioned forecast period.
- However, the market of fleet management though has certain limitations which are expected to obstruct the potential growth of the market such as the rise in the cyber threats and data breach incidents and lack of awareness among smaller fleet owners, whereas the driver safety and efficiency affecting vehicle uptime can challenge the growth of the fleet management market in the above-mentioned forecast period.
Fleet management market - Regional Level Analysis
- The countries covered in the fleet management market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Fleet management market - Share Analysis:
- The fleet management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fleet management market.
Key player - Fleet management market
The major players covered in the fleet management market report are
- Robert Bosch GmbH
- Continental AG
- DENSO CORPORATION
- HARMAN International
- ARI Fleet Management Company
- IBM
- Cisco Systems, Inc.
- Siemens AG
- TomTom International BV.
- Azuga
- AT&T Intellectual Property
- Chevin Fleet Solutions
- Donlen
- Geotab Inc., among other domestic and global players.
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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: Fleet management market Share by Product & Procedure type
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https://www.databridgemarketresearch.com/toc/?dbmr=global-fleet-management-market
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