Fleet management (FM) is broadly used to define solutions for different vehicle related applications. Fleet management solution is a vehicle-based system which is similar to GPS but the difference is it also used for logging in data to the systems, GPS and data communication to a back-office application.
The automotive segment held the largest market share in 2018 and is expected to register the fastest growth over the forecast period.
The global Fleet Management market size is projected to reach US$ 13070 million by 2026, from US$ 8142.9 million in 2019, at a CAGR of 8% during 2021-2027.
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The following players are covered in this report:
- Masternaut
- Merchants Fleet Management
- Omnitracs
- Teletrac Navman
- Trimble
- Verizo
- Wheels
- WorkWave
Fleet Management Breakdown Data by Type
- Operations Management
- Information Management
- Risk Management
- Vehicle Maintenance and Leasing
- Safety and Compliance Management
- Others
Fleet Management Breakdown Data by Application
- Light Commercial Vehicles (LCVs)
- Medium and Heavy Commercial Vehicles (M&HCVs)
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Scope of the Report
The research study analyzes the global Fleet Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Fleet Management Market Report
1. What was the Fleet Management Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Fleet Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Fleet Management Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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