The global fleet management market size was USD 23.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.9% during the forecast period. Increasing concerns regarding fleet safety and technological advancements in fleet management systems are key factors driving market revenue growth.
This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Fleet Management market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Verizon, Geotab Inc., Trimble Inc., Omnitracs, Samsara Inc., Teletrac Navman US Ltd., Element Fleet Management Corp, WEX Inc., ALD Automotive, Azuga, a Bridgestone Company, Masternaut Limited, TomTom International BV, Donlen, MiX Telematics, Fleet Complete, Teletrac Navman US Ltd., GPS Insight, Wheels, Quartix Ltd., and TRANSPOCO
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Emergen Research has segmented the global Fleet Management market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Business Model Outlook (Revenue, USD Billion; 2019–2032)
- Solutions
- Operational Management
- Fleet Maintenance and Diagnostics
- Performance Management
- Compliance Management
- Fleet Analytics and Reporting
- Others
- Services
- Professional Services
- Consulting & Advisory
- Integration & Implementation
- Support & Maintenance
- Managed Services
- Hardware
- Global Positioning System (GPS) Tracking Devices
- Dash Cameras
- Bluetooth Tracking Tags
- Data Loggers
Product Categories Outlook (Revenue, USD Billion; 2019–2032)
- Apparel and Fashion
- Electronics and Appliances
- Health and Beauty
- Home and Furniture
- Automotive
- Books and Media
- Food and Grocery
- Toys and Games
- Sports and Outdoors
- Jewelry and Accessories
- Industrial and Machinery
- Art and Collectibles
Fleet Type Outlook (Revenue, USD Billion; 2019–2032)
- Heavy Commercial Vehicle (HCV)
- Light Commercial Vehicle (LCV)
- Aircraft
- Railway
- Watercraft
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Fleet Management Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Fleet Management Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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