Market Overview:
The global Vehicle Fleet Management Software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fleet management software from logistics and transportation and public transportation applications. Additionally, the growing trend of cloud-based vehicle fleet management software is also contributing to the growth of this market. However, lack of awareness about benefits offered by vehicle fleet management software among small businesses is restraining the growth of this market. North America dominates the global Vehicle Fleet Management Software market, followed by Europe and Asia Pacific.
Product Definition:
Vehicle Fleet Management Software is a computer software application that collects and organizes data about the vehicles in a company's fleet. This information can include details such as make, model, year, mileage, and fuel efficiency. Vehicle Fleet Management Software can also track service schedules and expenses related to vehicle maintenance. This information can be used to help companies optimize their vehicle fleets for maximum efficiency and cost savings.
Cloud-based:
Cloud-based VFMS is a software-as-a-service (SaaS) based on the web, which provides various advantages such as easy accessibility from any location, real time data access and efficient management of vehicle information. The major advantage of cloud VFMS is that it offers flexibility to the users in terms of accessing the system. It can be accessed through mobile devices such as smartphones and tablets or computers with internet connectivity.
Web-Based:
The global web-based and it's usage in vehicle fleet management software market size was valued at USD 1.5 billion in 2016. The industry is expected to witness a significant growth owing to the increasing demand for mobility services, such as car rental and ride hailing, which has led to an increase in the number of vehicles across regions.
Application Insights:
The logistics and transportation application segment accounted for the largest revenue share in 2017. The growth can be attributed to the increasing demand for E-commerce transactions and rising cross-border trade across various countries. Moreover, governments are increasingly focusing on improving road infrastructure, which is further expected to drive the growth of this segment over the forecast period.
Vehicle fleet management solutions help improve operational efficiency by enabling users to manage operations such as vehicle location, maintenance history, driver behavior and performance information among others aspects of a vehicle¢â‚¬â„¢s life cycle from asset inception to disposal/reuse. The public transportation application segment is anticipated witness significant growth over the forecast period owing to increased government spending on public transport systems globally as an attempt at reducing carbon emissions from vehicles used for personal commute purposes or those traveling within a city or region.
Regional Analysis:
The North American regional market dominated the global vehicle fleet management software industry in 2016 and accounted for over 35% of the total revenue share. The growth can be attributed to various factors such as increasing government regulations pertaining to fuel emissions, growing emphasis on reducing carbon footprints, and rising adoption of alternative fuel vehicles. Moreover, technological advancements in vehicle telematics systems are also expected to drive the demand for VFMS solutions in this region.
Asia Pacific is anticipated to emerge as a lucrative regional market over the forecast period owing to several initiatives undertaken by governments across countries such as India and China aimed at encouraging sustainable transportation practices through innovative technologies such as Vehicle-to-Vehicle Communication (V2V) & Vehicle-to-Infrastructure (V2I) communication systems that would help improve road safety standards are expected drive demand for VFMS solutions over next eight years.
Growth Factors:
- Increasing demand for fleet management software from small and medium-sized businesses (SMBs) due to the benefits offered by these solutions, such as improved efficiency and reduced costs.
- The growing popularity of telematics, which is helping to drive the adoption of fleet management software as it enables companies to track the location and performance of their vehicles in real time.
- The increasing focus on safety and security in the transportation sector, which is leading more organizations to invest in fleet management software in order to improve driver accountability and mitigate risk.
- The rising demand for mobility services such as ride-sharing and carpooling, which is fueling growth in the deployment of fleets of vehicles for commercial purposes.
- Advances in technology that are making fleet management software more sophisticated and efficient, thereby enhancing its appeal among businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Fleet Management Software Market Research Report
By Type
Cloud-based, Web-Based
By Application
Logistics and Transportation, Public Transportation
By Companies
Fleetilla, LLC, GPS Insight, Lytx, Inc., FleetMatics, ManagerPlus, Azuga, Inc., Melton Technologies Inc., Geotab(CA), Prova Systems LLC
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Fleet Management Software Market Report Segments:
The global Vehicle Fleet Management Software market is segmented on the basis of:
Types
Cloud-based, Web-Based
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:
- Fleetilla, LLC
- GPS Insight
- Lytx, Inc.
- FleetMatics
- ManagerPlus
- Azuga, Inc.
- Melton Technologies Inc.
- Geotab(CA)
- Prova Systems LLC
Highlights of The Vehicle Fleet Management Software 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:
- Cloud-based
- Web-Based
- 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 Vehicle Fleet Management Software 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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- 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?
Vehicle fleet management software is a computer program that helps managers keep track of the location, condition, and use of vehicles in their fleets. It can also help managers plan and manage vehicle maintenance and repairs.
Some of the key players operating in the vehicle fleet management software market are Fleetilla, LLC, GPS Insight, Lytx, Inc., FleetMatics, ManagerPlus, Azuga, Inc., Melton Technologies Inc., Geotab(CA), Prova Systems LLC.
The vehicle fleet management software market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Size & Forecast, 2018-2028
4.5.1 Vehicle Fleet Management Software Market Size and Y-o-Y Growth
4.5.2 Vehicle Fleet Management Software Market Absolute $ Opportunity
Chapter 5 Global Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 Web-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Fleet Management Software 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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 Web-Based
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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 Web-Based
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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 Web-Based
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 Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 Web-Based
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 Vehicle Fleet Management Software 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) Vehicle Fleet Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Fleet Management Software 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) Vehicle Fleet Management Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 Web-Based
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) Vehicle Fleet Management Software 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 Vehicle Fleet Management Software Market: Competitive Dashboard
14.2 Global Vehicle Fleet Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fleetilla, LLC
14.3.2 GPS Insight
14.3.3 Lytx, Inc.
14.3.4 FleetMatics
14.3.5 ManagerPlus
14.3.6 Azuga, Inc.
14.3.7 Melton Technologies Inc.
14.3.8 Geotab(CA)
14.3.9 Prova Systems LLC
