Press release
Fleet Management Software Market Analysis 2020 | Industry Updates, Major Key Players, Size, Demand, Growth and Future Prospects To 2027
Fleet Management Software Market to 2027 - Premium Market Insights
The global fleet management software market accounted for US$ 15.81 Bn in 2018 and is expected to grow at a CAGR of 14.9% over the forecast period 2019-2027, to account for US$ 54.05 Bn by 2027.
The operational tempo of the global commercial aviation sector continues to soar in recent years. With the increasing digitalization of cloud technology, the fleet management software market is expected to grow at an impressive rate during the forecast period. For efficient fleet management, fleet operators necessitate flexibility with data storage, data exchange, and information tracking, and cloud technology eradicates the load of manual fleet process, frees up resources and enhances ROI. With the preamble of big data analytics solutions, fleet management software is swiftly evolving.
Get Sample Copy of this Report at – https://www.premiummarketinsights.com/sample/TIP00010589?vin
The well–established market players operating in the fleet management software market are GPS Insight, NexTraq, LLC, Verizon Connect, ARI Fleet Management Company, and Trimble, Inc., Geotab Inc., Omnitracs, LLC, Teletrac Navman US Ltd., Wheels, Inc., and Element Fleet Management Corp.
Big data analytics enhances driver safety and behavior. Predictive analytics, a branch of big data analytics help fleet operators to proactively manage company fleets in the highly competitive automobile fleet industry. Fleet management businesses that spend in cloud computing and big data analytics solutions would continue to remain strong in the fleet management software market as these technologies offer numerous benefits.
Due to the swift growth of the automobile industry, it is crucial for the fleet owners to fortify its core competency by adopting technologies such as cloud and big data analytics, which would generate a greater return on their investments. The current economy is driven by tough competition to acquire the major market proportion, which has forced fleet owners to convert their existing fleet networks into smart by leveraging the power of cloud computing, big data analytics, connectivity, and security. In addition to the benefits of fleet management software, this digitalization revolution presents a massive opportunity for businesses to transform their business models and existing processes in order to increase operational efficiency and revenue. End-to-end business process optimization, operational efficiency, reduction of the cast, and human errors are some of the major drivers for cloud computing and big data analytics in any industry, including the fleet industry. This paradigm shift from manual to digital technologies in the fleet management software market is anticipated to drive the growth of the fleet management software market in the near future.
The market for Fleet Management Software is segmented on the basis of solution and end-user. Based on the solution, the fleet management software market is segmented into operation management, asset management, driver management, vehicle maintenance & leasing, driver information system, and others. On the basis of end-user, the fleet management software market is segmented into manufacturing, government, transportation and logistics, energy and utilities, retail, construction, and others.
Geographically, the market is fragmented into five regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
Interested in purchasing this Report? Click here @ https://www.premiummarketinsights.com/buy/TIP00010589?vin
The overall global fleet management software market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global fleet management software market. It also provides an overview and forecast for the Fleet Management Software market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the fleet management software industry.
Continue…
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@premiummarketinsights.com
About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fleet Management Software Market Analysis 2020 | Industry Updates, Major Key Players, Size, Demand, Growth and Future Prospects To 2027 here
News-ID: 2187286 • Views: …
More Releases from Premium Market Insights
The Future of HVAC: Trends and Innovations
The Europe HVAC System Market HVAC system market was valued at US$ 50,772.07 million in 2022 and is expected to reach US$ 1,25,024.86 million by 2030; it is estimated to grow at a CAGR of 11.9% from 2022 to 2030.
𝐆𝐫𝐚𝐛 𝐏𝐃𝐅 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞➜ https://www.businessmarketinsights.com/sample/BMIRE00026922?utm_source=OpenPR&utm_medium=10694
Rise in Demand for Energy-Efficient Solutions Fuel the Europe HVAC System Market
Greenhouse gases are the primary sources of global warming and climate change. These gases absorb…
Automated External Defibrillators Market New Business Opportunities and Investme …
The Automated External Defibrillators Market is estimated to reach US$ 2,207.94 million in 2030 from US$ 1,556.21 million by 2030; the market is projected to record a CAGR of 4.5% from 2022 to 2030.
Some of the key driving factors for the automated external defibrillators market growth are the increasing prevalence of cardiovascular diseases and rising training and awareness programs on automated external defibrillators. However, performance issues related to automated external…
Hydrolyzed Collagen Market Types and Applications, Industry Drivers, Future Dema …
The Hydrolyzed Collagen Market was valued at US$ 946.43 million in 2022 and is projected to reach US$ 1,322.60 million by 2028; it is expected to register a CAGR of 5.7% from 2022 to 2028.
Various end-use industries are adopting business expansion strategies and scaling production capacity to provide better customer satisfaction. For instance, in July 2020, Rousselot and Giusto Faravelli announced a distribution partnership in Italy, effective from October 2020.…
Aroma Ingredients Market Expectations & Growth, Trends Highlighted Until 2028
The Aroma Ingredients Market was valued at US$ 5376.90 million in 2021 and is projected to reach US$ 7692.62 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.
Aroma ingredients are basically isolates of naturally sourced ingredients or chemically produced and are used as ingredients to add aromas or fragrance to various cosmetic and personal care products.
Based on product type, the global aroma…
More Releases for Fleet
Fleet Tracking and Logistics Market is thriving worldwide by 2027 | Top Key Play …
Fleet Tracking and Logistics Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report…
Fleet Management Consulting Service Market will reach USD 39.94 Billion by 2032 …
The global fleet management size is expected to grow USD 39.94 Billion by 2032 from USD 21.6 Billion in 2021, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period.
The presence of various key players in the ecosystem has led to a competitive and diverse market. The market include a high growth rate for the adoption of cloud computing and analytics, declining hardware and IoT connectivity costs,…
Fleet Management Solution Market: Start managing fleet data, access and update i …
The report "Global Fleet Management Solution Market By Deployment Model (On-premise, and On-Demand Hybrid), By Solution (Asset Management, Information Management, Driver Management, Safety and Compliance Management, Risk Management, Operations Management, and other Solutions), By End User (Transportation, Energy, Construction, Manufacturing, and Other End Users), and Region - Global Forecast to 2029". Gradually adopting transportation by businesses to enhance their offerings this results in considerable rise over the past few years…
Fleet Management Market Insights | Key players: ARI Fleet Management, Azuga, Che …
According to recent research "Fleet Management Market by Solution (Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, Fleet Analytics and Reporting), Service (Professional and Managed), Deployment Type, Fleet Type, and Region - Global Forecast to 2023", the global fleet management market size is expected to grow from USD 15.9 billion in 2018 to USD 31.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast…
Fleet software comm.fleet: Effective cost control for fleet managers
Relief for fleet managers: identify the cost drivers of the company and take appropriate actions with the fleet management software comm.fleet
The adoption of a multifunctional controlling system is an indispensable prerequisite for an effective and systematic management of all company fleet costs. Be it a question of planning enhancement and control, budgeting coordination or the execution and analysis of a target-performance comparison with the purpose of a perfect fleet administration,…
Fleet Specialisation-Cover 4 Fleet Insurance Investigate Future Fleet Trends
Victoria, London ( openpr ) June 10, 2011 - Economically driven by the need to immerse their resources in core activities, companies will turn to fleet outsourcing options. Even in the case of fleet contract hire, there are case studies which are dramatic in the current economic environment.
Take the case study of Fraikin , which was originally established in France in 1944 and is today the biggest commercial…
