Press release
Know how Fleet Management Market is Booming worldwide ? key players involved are Tomtom N.V., Navico, Fleetmatics Group Plc, At&T, Mitac International, IBM, I.D. Systems, Telogis and Cisco Systems
The Growth Of The Fleet Management Market Is Driven By Rise In Need To Manage Fleet In A More Efficient Way, Increase In Concerns About Safety Of A Vehicle & The Associated Driver, Stringent Government Regulations Toward Vehicle Maintenance & Tracking, Obligatory Incorporation Of Electronic Logging Device (Eld) In Fleet, Rise In Adoption Of Wireless Technology Owing To Their Decreasing Costs And Easy Availability. Advent And Integration Of Iot And Information, Communication, & Technology (Ict) Into Industries Such As Automobiles, Logistics, And Transportation Drive The Market Growth.
Some of the major players operating in the market are Tomtom N.V., Navico, Fleetmatics Group Plc, At&T Inc., Mitac International Corporation, Ibm Corporation, I.D. Systems, Telogis, Cisco Systems, and Freeway Fleet Systems
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The Global Fleet Management Market Is Segmented On The Basis Of Component, Communication Technology, Vehicle Type, Industry, And Geography. In Terms Of Component, The Fleet Management Industry Is Bifurcated Into Solution And Services. Based On Communication Technology, The Market Is Divided Into Gnss And Cellular System. Key Industries Served By The Fleet Management Market Include Retail, Government, Transportation & Logistics, Automotive, And Others (Construction, Manufacturing, And Energy). Geographically, The Fleet Management Market Is Analyzed Across North America, Europe, Asia-Pacific, And Lamea.
Key Findings of the Fleet Management Market:
Among components, the solution segment led the overall fleet management market, in terms of revenue, and is projected to grow at a CAGR of 23.5% during the forecast period.
Global fleet management market size is expected to reach $34,629 million by 2022 at a significant CAGR during the forecast period.
The railway fleet management segment dominated the market in 2014, and is projected to grow at the highest CAGR.
Cellular system segment generated the maximum revenue in 2014, and is anticipated to grow at a CAGR of 23.9%.
Among industries, the transportation & logistics segment generated the highest revenue, and is projected to continue its dominance.
In 2014, Asia-Pacific was the dominant region, and is expected to grow at the fastest CAGR, with China leading the market.
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Fleet Management Market by Component
Chapter 5 Global Fleet Management Market, By Vehicle Type
Chapter 6 Global Fleet Management Market, By Communication Technology
Chapter 7 Global Fleet Management Market, By Industry
Chapter 8: Fleet Management Market By Geography
Chapter 9: Company Profiles
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