Market Overview:
The global fleet management system market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fleet management systems from logistics and transportation and public transportation applications. North America is expected to hold the largest share of the global fleet management system market in 2018, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Fleet management system (FMS) is a comprehensive software application used to manage fleets of vehicles. It helps fleet managers to optimize their resources and track the location and status of all the vehicles in their fleet. FMS can also help reduce fuel costs, improve customer service, and optimize driver schedules.
Vehicle Dispatch:
Vehicle dispatch is a feature that allows drivers to pick up and drop off passengers at their destination without being physically present. It uses GPS-enabled smartphones or other portable navigation devices to communicate with the driver, allowing them to receive instructions on where to go.
Driver Scheduling:
Driver scheduling is the process of assigning drivers to various jobs or shifts. It helps in ensuring that adequate drivers are available for performing all the tasks assigned to them. Fleet management systems use driver scheduling data along with other information such as vehicle inventory and driver profiles to perform several functions such as route optimization, optimal routing, and minimizing waiting time at pick-up/drop-off points.
Application Insights:
The logistics and transportation application segment accounted for the largest market share in 2017. The growth can be attributed to the increasing demand for efficient fleet management solutions that help optimize vehicle utilization and reduce operating costs. Moreover, this segment is expected to witness significant growth over the forecast period owing to rising demand from emerging economies such as India, China and Brazil.
The public transportation application segment is expected to register a CAGR of XX% over the forecast period due mainly to factors such as government initiatives encouraging adoption of electric vehicles along withFleet Manage System (FMS). Favorable regulations aimed at promoting green transport are also likely drive industry expansion over next seven years.
Regional Analysis:
The North American regional market dominated the global fleet manage system industry in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing adoption of V2I technologies for traffic management, growing emphasis on reducing vehicular emissions, and need for real-time information exchange among road users. Moreover, presence of prominent players such as General Motors Company; Ford Motor Company; Verizon Communications Inc.; and Qualcomm Inc., has contributed significantly toward regional growth.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising government initiatives pertaining to implementation of V2V communication systems in vehicles across countries such as China and India. Furthermore, increasing penetration rates of smartphones coupled with rapid urbanization are some other factors contributing toward overall industry development in this region. Europe also accounted for a considerable share within the global fleet manage system industry mainly due to growing public transportation applications across countries including France, U.K.
Growth Factors:
- Increasing demand for fleet management system from small and medium-sized businesses (SMBs) due to the benefits of fleet management system such as improved efficiency, reduced costs, and enhanced safety.
- Proliferation of wireless technologies and big data analytics that are helping fleet managers to make better decisions about their fleets with real-time information.
- Growing demand for telematics services as they provide a number of benefits such as fuel savings, lower emissions, improved safety, and optimized routing.
- Rising popularity of vehicle sharing services that is fueling the growth of the Fleet Management System market by increasing the need for efficient fleet management solutions among service providers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fleet Manage System Market Research Report
By Type
Vehicle Dispatch, Driver Scheduling, Asset Tracking
By Application
Logistics and Transportation, Public Transportation
By Companies
Omnitracs, Trimble, Fleetmatics, Alphabet, Telenav, Arvento, Teletrac, EMKAY, Gurtam, ARI, FleetCor, Navman Wireless, TomTom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Fleet Manage System Market Report Segments:
The global Fleet Manage System market is segmented on the basis of:
Types
Vehicle Dispatch, Driver Scheduling, Asset Tracking
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Logistics and Transportation, Public Transportation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Omnitracs
- Trimble
- Fleetmatics
- Alphabet
- Telenav
- Arvento
- Teletrac
- EMKAY
- Gurtam
- ARI
- FleetCor
- Navman Wireless
- TomTom
Highlights of The Fleet Manage System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vehicle Dispatch
- Driver Scheduling
- Asset Tracking
- By Application:
- Logistics and Transportation
- Public Transportation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fleet Manage System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fleet Manage System (FMS) is a software application that helps organizations manage their fleets of vehicles, including managing vehicle location, tracking and communication.
Some of the major companies in the fleet manage system market are Omnitracs, Trimble, Fleetmatics, Alphabet, Telenav, Arvento, Teletrac, EMKAY, Gurtam, ARI, FleetCor, Navman Wireless, TomTom.
The fleet manage system market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fleet Manage System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fleet Manage System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fleet Manage System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fleet Manage System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fleet Manage System Market Size & Forecast, 2020-2028
4.5.1 Fleet Manage System Market Size and Y-o-Y Growth
4.5.2 Fleet Manage System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vehicle Dispatch
5.2.2 Driver Scheduling
5.2.3 Asset Tracking
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Logistics and Transportation
6.2.2 Public Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fleet Manage System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fleet Manage System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vehicle Dispatch
9.6.2 Driver Scheduling
9.6.3 Asset Tracking
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Logistics and Transportation
9.10.2 Public Transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vehicle Dispatch
10.6.2 Driver Scheduling
10.6.3 Asset Tracking
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Logistics and Transportation
10.10.2 Public Transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vehicle Dispatch
11.6.2 Driver Scheduling
11.6.3 Asset Tracking
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Logistics and Transportation
11.10.2 Public Transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vehicle Dispatch
12.6.2 Driver Scheduling
12.6.3 Asset Tracking
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Logistics and Transportation
12.10.2 Public Transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vehicle Dispatch
13.6.2 Driver Scheduling
13.6.3 Asset Tracking
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Logistics and Transportation
13.10.2 Public Transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fleet Manage System Market: Competitive Dashboard
14.2 Global Fleet Manage System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omnitracs
14.3.2 Trimble
14.3.3 Fleetmatics
14.3.4 Alphabet
14.3.5 Telenav
14.3.6 Arvento
14.3.7 Teletrac
14.3.8 EMKAY
14.3.9 Gurtam
14.3.10 ARI
14.3.11 FleetCor
14.3.12 Navman Wireless
14.3.13 TomTom
