Market Overview:
The global fleet management solutions market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fleet management solutions across different industries, such as transportation and logistics, automotive, retail, government, shipping and others. Fleet management solutions help organizations manage their fleets effectively by providing various features such as vehicle management, driver management, operations management and others. These features help improve the efficiency of fleets and optimize resources.
Product Definition:
Fleet management solutions are software programs that allow businesses to manage their fleets of vehicles. These programs can track drivers' hours, monitor vehicle performance, and provide routing and navigation assistance. They can also help businesses reduce fuel costs, improve safety compliance, and optimize vehicle usage. Fleet management solutions are important for businesses that rely on a fleet of vehicles for their operations. By using these programs, businesses can improve efficiency and save money.
Vehicle Management:
Vehicle management is a service that monitors the performance and health of vehicles. It includes maintenance scheduling, diagnostics reporting, preventive maintenance diagnosis and repair services. Vehicle management solutions help to reduce costs related to vehicle downtime by providing efficient scheduled services such as oil changes, tire rotations, etc., which helps in increasing the overall life span of vehicles; thus reducing the overall cost associated with vehicle ownership.
Driver Management:
Driver management is a tool that helps the organization to track their drivers and enhance safety. It provides information such as driver details, vehicle location, driving habits, and other related data. The solution also enables organizations to streamline business processes by enhancing productivity while reducing operational costs through improved driver services.
Application Insights:
The transportation and logistics segment accounted for the largest market share in 2017. The growth of this segment is attributed to the increasing demand for on-time delivery of goods by air, land and sea across various industries such as manufacturing, retail and healthcare. The need to manage resources effectively while handling a large volume of data generated from sensors attached to vehicles is expected to drive the development over the forecast period.
The growing e-commerce industry has created a need for effective fleet management solutions that can help retailers with their supply chain activities efficiently managing vehicle movements, driver information & payables information recorded into an electronic journal using GPS technology along with other advanced technologies such as video analytics integrated into them.
Regional Analysis:
The North American regional market is anticipated to dominate the global fleet management solutions industry with a revenue share of over 35% in 2016. The region has been witnessing an increasing demand for these systems on account of rising cases of cyber-attacks and data theft, which have resulted in stringent regulations being imposed on the transportation sector. Moreover, technological advancements coupled with high penetration rates for these systems in U.S are expected to drive growth over the forecast period.
Asia Pacific is estimated to be one of the fastest growing regions owing to factors such as improving economic conditions.
Growth Factors:
- Increasing demand for fleet management solutions from the transportation and logistics sector to optimize their operations.
- Proliferation of connected devices and big data analytics is aiding the growth of fleet management solutions market.
- Stringent government regulations pertaining to safety and security of goods in transit is fueling the demand for fleet management solutions market.
- Growing trend of vehicle sharing and ride-sharing is providing new opportunities for the growth of fleet management solutions market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fleet Management Solutions Market Research Report
By Type
Vehicle Management, Driver Management, Operations Management, Others
By Application
Transportation & Logistics, Automotive, Retail, Government, Shipping, Others
By Companies
Arvento Mobile Systems, Astrata, Autotrac, Digicore Technologies, Fleetio, Verizon Connect, Geotab, ID Systems, Ituran, Masternaut, MIX Telematics, CalAmp, Omnitracs XRS, Sascar, Teletrac Navman, Trimble, Telular
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Fleet Management Solutions Market Report Segments:
The global Fleet Management Solutions market is segmented on the basis of:
Types
Vehicle Management, Driver Management, Operations Management, Others
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
Transportation & Logistics, Automotive, Retail, Government, Shipping, Others
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:
- Arvento Mobile Systems
- Astrata
- Autotrac
- Digicore Technologies
- Fleetio
- Verizon Connect
- Geotab
- ID Systems
- Ituran
- Masternaut
- MIX Telematics
- CalAmp
- Omnitracs XRS
- Sascar
- Teletrac Navman
- Trimble
- Telular
Highlights of The Fleet Management Solutions 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 Management
- Driver Management
- Operations Management
- Others
- By Application:
- Transportation & Logistics
- Automotive
- Retail
- Government
- Shipping
- Others
- 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 Management Solutions 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.
How you may use our products:
- Correctly Positioning New Products
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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 Management Solutions is a company that provides fleet management and transportation solutions to businesses. They offer a variety of services, including vehicle tracking, maintenance scheduling, and cargo management.
Some of the major companies in the fleet management solutions market are Arvento Mobile Systems, Astrata, Autotrac, Digicore Technologies, Fleetio, Verizon Connect, Geotab, ID Systems, Ituran, Masternaut, MIX Telematics, CalAmp, Omnitracs XRS, Sascar, Teletrac Navman, Trimble, Telular.
The fleet management solutions market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fleet Management Solutions 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 Management Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fleet Management Solutions 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 Management Solutions 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 Management Solutions Market Size & Forecast, 2020-2028
4.5.1 Fleet Management Solutions Market Size and Y-o-Y Growth
4.5.2 Fleet Management Solutions 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 Management
5.2.2 Driver Management
5.2.3 Operations Management
5.2.4 Others
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 Transportation & Logistics
6.2.2 Automotive
6.2.3 Retail
6.2.4 Government
6.2.5 Shipping
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fleet Management Solutions 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 Management Solutions 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 Management
9.6.2 Driver Management
9.6.3 Operations Management
9.6.4 Others
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 Transportation & Logistics
9.10.2 Automotive
9.10.3 Retail
9.10.4 Government
9.10.5 Shipping
9.10.6 Others
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 Management
10.6.2 Driver Management
10.6.3 Operations Management
10.6.4 Others
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 Transportation & Logistics
10.10.2 Automotive
10.10.3 Retail
10.10.4 Government
10.10.5 Shipping
10.10.6 Others
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 Management
11.6.2 Driver Management
11.6.3 Operations Management
11.6.4 Others
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 Transportation & Logistics
11.10.2 Automotive
11.10.3 Retail
11.10.4 Government
11.10.5 Shipping
11.10.6 Others
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 Management
12.6.2 Driver Management
12.6.3 Operations Management
12.6.4 Others
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 Transportation & Logistics
12.10.2 Automotive
12.10.3 Retail
12.10.4 Government
12.10.5 Shipping
12.10.6 Others
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 Management
13.6.2 Driver Management
13.6.3 Operations Management
13.6.4 Others
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 Transportation & Logistics
13.10.2 Automotive
13.10.3 Retail
13.10.4 Government
13.10.5 Shipping
13.10.6 Others
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 Management Solutions Market: Competitive Dashboard
14.2 Global Fleet Management Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arvento Mobile Systems
14.3.2 Astrata
14.3.3 Autotrac
14.3.4 Digicore Technologies
14.3.5 Fleetio
14.3.6 Verizon Connect
14.3.7 Geotab
14.3.8 ID Systems
14.3.9 Ituran
14.3.10 Masternaut
14.3.11 MIX Telematics
14.3.12 CalAmp
14.3.13 Omnitracs XRS
14.3.14 Sascar
14.3.15 Teletrac Navman
14.3.16 Trimble
14.3.17 Telular
