Sponsor

Fleet Management market 2021 Future Business Strategy, Industry Growth, Development Status, Leading Players Update, Pricing Analysis and Forecast 2027

0
654

Fleet Management Market Overview:
Fleet Management Market is expected to register a CAGR of 11% by the forecast period.

The Fleet Management Market is the process of managing fleets in an organization. It utilizes software for checking on vehicle diagnostics, driver behavior, and monitoring of assets. It finds application in sectors of waste management, oil gas, construction, chemicals, mining, retail and logistics, utilities, and public and private transport. The global Fleet Management Market report by Market Research Future (MRFR) predicts revenue and growth projections for the period of 2018 to 2023 (forecast period) by looking at drivers, opportunities, obstacles, and challenges. The COVID-19 pandemic and its effects on the industry are explained in a comprehensive manner.

Key Companies

Trimble Inc., I.D. Systems, Inc., Verizon Telematics Inc., Cisco Systems, Inc., WorkWave LLC, Fleetmatics Group PLC, and Zonar Systems, Inc. are key players of the Global Fleet Management Market . Acquisitions are the primary strategy undertaken by players for gaining the competitive edge in the market. Recently, Infobric acquired TelliQ AB, a Swedish telematics company, in 2020. The large number of clients in the construction industry by the former provides the acquisition a new path by engaging in a smart manner and integration of fleet management systems in vehicles.

Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/2646 

Market Scope

The global Fleet Management Market Size is expected to grow at a CAGR of 22% during the forecast period. The continuous demand for logistics and transportation, initiatives for curbing emissions, connectivity issues, and volatile fuel prices are major drivers of the market. Organization can utilize fleet management software for tracking fleets and ensuring the safety of their drivers. Integration of electronic logging devices in fleets for compliance with latest laws and rise of smart transportation can bolster the market demand significantly.

Enforcement of laws for ensuring more driver breaks and sleep for drivers can spur the demand for fleet management software. This can ensure the efficiency of operations and reduce overall costs. Real-time alerts for managers and GPS tracking for pinpointing vehicles coupled with sustainability initiatives can favor the market in the coming years. Integration of artificial intelligence and big data for gaining access to fleets in real-time as well as their routes can serve the market favorably.

Concerns for cyberattacks and lack of network infrastructure in certain countries can dampen the market growth.

Browse complete report @ https://www.marketresearchfuture.com/reports/fleet-management-market-2646 

Segmentation

By connectivity type, it is divided into cellular system and satellite navigation.

By deployment type, it is segmented into cloud, on-premises, and hybrid. The cloud segment is expected to dominate the market owing to its easy integration and cost-efficiency.

By services type, it is segmented into professional services, managed services, and integration and deployment services. The professional services segment can lead in the market owing to presence of various logistics and transportation companies and mandatory laws for curbing emissions.

By management type, it is segmented into operation management, asset management, and driver management.

Regional Analysis

The North American and Europe regions are expected to dominate the market due to stringent norms on vehicle emissions and huge innovations in the fleet management technology deployment. Sustainability approaches by countries in these regions combined with modernization of infrastructure for monitoring fleet vehicles can drive the demand for Fleet Management Market Share. Presence of reputed logistics companies and focus on efficiency and cost savings can bode well for the market. In order to encourage sustainability, the state of California has mandated its vehicles to be emission-free by 2035.

The Asia Pacific region is expected to be the fastest growing region with increased opportunities in countries of China and India. Large scale adoption of web and mobile based business services in these countries is the primary driver for the market in the region. Incorporation of low-emission vehicles and efforts for electrification of transport infrastructure can drive the global fleet management market demand.

Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USDreport_id=2646 

Table of Content

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Fleet Management Market, By Deployment Type

4.1 Introduction

4.2 Cloud Technology

Continued………
Ask for your specific company profile and country level customization on reports.

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

Media Contact

Company Name: Market Research Future

Email: sales@marketresearchfuture.com

Phone: +1 646 845 9312

Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar

City: Pune

State: Maharashtra

Country: India

Website: https://www.marketresearchfuture.com

Sponsor
Zoeken
Sponsor
Categorieën
Read More
Tech
Automotive Flex Fuel Engine Market 2021 Size, Share, Growth Insights, Company Profiles, Regional Outlook and Forecast by 2027
Automotive Flex Fuel Engine Market Scenario Automotive flex fuel engine market is poised to mark...
By Rohan Kkk 2021-10-12 05:39:48 0 653
Tech
What Are The Performance Characteristics Of PV Plush Blanket Supplier
The main products of flat fleece in the plush toy fabric are dense velvet, velvet, peacock...
By Changshu Dongfang 2021-05-20 09:04:22 0 939
Tech
Automotive Windshield Market Research Report 2021 | Upcoming Market Growth, Key Companies Profile, Supply, Demand and SWOT Analysis 2027
 Market Highlights Windshields in automobiles are used to protect the passengers from dust,...
By Market Research Future 2021-10-05 08:55:29 0 648
Tech
Global Third-Party Logistics Market Research Report for 2021 set to Grow according To Forecasts
Market Research Future published a raw research report on the global third-party logistics...
By Yogesh Bhokare 2021-05-27 11:33:12 0 495
Tech
Tips to read about the flower shop
ร้านดอกไม้ Sending flowers to friends and relatives in Thailand is not unreasonably hard. Many...
By Emma Swan 2021-08-03 12:45:01 0 611