Fleet Management Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 Global Fleet Management Market is predicted to value over USD 30.5 billion by 2026 end and grow at a CAGR of over 13% during the forecast period 2019 to 2026 Fleet management helps enterprises to manage their vehicles more efficiently. It tracks and maintains the automobiles through cost-effective, quick, and accessible methods. The management system performs tasks such as vehicle tracking & diagnostics, financing, driver management, and others. It helps organizations that profoundly depend on transportation to minimise the risks associated with staff, operations cost, and others. Fuel efficiency and improved safety are the benefits offered by fleet management. Technological advancements and improvements in wireless networks, operational competency needs further fuel the growth of this market. Increase in investments and trade also aid the market’s growth. Rising fuel costs and an increase in the number of substitutes and viability has led to lucrative trade opportunities in the market. Recent developments in this sphere have been, in 2019, Omnitracs launched Active Mobile Gateway with Communications (AMG-C), an advanced BYOD solution that offers device pairing, flexible connection options, such as WiFi, 4G, LTE, Bluetooth, and simple management. This new launch would help drivers have more flexible solutions using the LTE connectivity while working from anywhere. In the same year, Masternaut, a telematics company, launched its new product PULSE, a telematics product that is a plug and play solution focused on offering costeffective and hassle-free telematics solutions to its users. Verizon Connect launched a connectivity app, Work Mobile, which assists field workers to stay connected with their back offices, receive job details, and share fieldwork insights and information with their companies’ back offices, thus helping them improve productivity and increase work visibility. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=242&page=requestsample Fleet Management Market: Segmentation By Service + Professional + Managed By Solution + Operations Management + Vehicle Maintenance and Diagnostics + Performance Management Fleet Analytics + Reporting By Deployment Type + Cloud + On-Premises + Fleet Type + Passenger Cars + Commercial Fleets + Electric Vehicles The cloud segment will grow at the highest CAGR during the forecast period. This is due to its cost-efficiency and seamless integration. The passenger cars segment is predicted to lead the market in terms of market size during the forecast period. By Region: + Europe + North America + APAC + Latin America + Rest of World North America and Europe are two important revenue pockets expected to dominate the growth trajectory of the global market. Asia Pacific has been estimated to emerge as the fastest growing region in the global fleet management market. The developmental opportunities of China and India are expected to aid the growth of the market in the upcoming years. Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=242&page=askfordiscount Competitive Landscape: + Tier 1 players- established companies in the market with a major market share + Tier 2 players + Emerging players which are growing rapidly + New Entrants The major players in the market are ARI Fleet Management (US), Azuga (US), Chevin Fleet Solutions (Australia), Ctrack (US), Donlen Corporation (US), Geotab (Canada), GPS Insight (US), Masternaut (UK), MiX Telematics (South Africa) , Nextraq (US), Teletrac Navman (US), Trimble (US), Verizon Connect (US), Wheels, Inc (US), and Fleetroot (UAE). These players have adopted various strategies to grow in the global fleet management market. FutureWise Takeaways + Growth prospects + SWOT analysis + Key trends + Key data points affecting market growth Objectives of the Study: + To provide an exhaustive analysis on the global fleet management market by service, by solution, by deployment and region + To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) + To evaluate and forecast micro-markets and the overall market + To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East. + To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions + Profiling of companies to evaluate their market shares, strategies, financials and core competencies Table of Contents 1: Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.4 Years Considered for the Study 1.5 Currency Considered 1.6 Stakeholders 2: Research Methodology 2.1 Research Data 3: Executive Summary 4: Premium Insights 4.1 Attractive Market Opportunities in the Fleet Management Market 4.2 Market By Component, 2019 4.3 Market By Solution, 2019–2026 4.4 Market By Service, 2019 vs 2026 4.5 Market By Deployment Type, 2019–2026 4.6 Market By Fleet Type, 2019–2026 4.7 Market Investment Scenario 5: Market Overview and Industry Trends 5.1 Introduction 5.2 Market Dynamics 5.3 Industry Trends 6: Fleet Management Market, By Component 6.1 Introduction 6.2 Solutions 6.3 Services 7: Fleet Management Market Size, By Deployment Type 7.1 Introduction 7.2 On-Premises 7.3 Cloud 8: Fleet Management Market, By Fleet Type 8.1 Introduction 8.2 Commercial Fleets 8.3 Passenger Cars 9: Fleet Management Market, By Region 9.1 Introduction 9.2 North America 9.3 Europe 9.4 Asia Pacific 9.5 Latin America 9.6 Middle East and Africa 10: Competitive Landscape 10.1 Competitive Leadership Mapping 10.2 Ranking of Key Players for the Fleet Management Market, 2019 10.3 Competitive Leadership Mapping (Startup) 11: Company Profiles 11.1 Donlen Corporation 11.2 Geotab 11.3 Inseego Corp 11.4 Automotive Rentals Inc. 11.5 Omnitracs 11.6 Teletrac Navman 11.7 Trimble 11.8 Verizon Connect 11.9 Wheels, Inc. 11.10 Mix Telematics 11.11 GPS Insight 11.12 Masternaut 11.13 Nextraq 11.14 Chevin Fleet Solutions 11.15 Azuga Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
Global Fleet Management Market is predicted to value over USD 30.5 billion by 2026 end and grow at a CAGR of over 13% during the forecast period 2019 to 2026 Fleet management helps enterprises to manage their vehicles more efficiently. It tracks and maintains the automobiles through cost-effective, quick, and accessible methods. The management system performs tasks such as vehicle tracking & diagnostics, financing, driver management, and others.
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