Press release
Fleet Management System Market Size to Reach at a CAGR of 11.2% | Mix Telematics, Geotab, Teletrac Navman, Automotive Rentals Inc., Trimble
Fleet Management System Market survey offers key information about the industry, helpful and important facts and figures, expert opinions, and the latest developments across the world. The Fleet Management System Market report includes data on patterns and improvements, target business sectors and materials, limits and advancements. This market report is a valuable document for every market enthusiast, policymaker, investor, and market player. This report encompasses a chapter on the global Fleet Management System Market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.Click Here For a Free Sample + Related Graphs of the Report at: https://www.delvens.com/get-free-sample/fleet-management-system-market-trends-forecast-till-2028
The global Fleet Management System Market size is projected to reach a CAGR of 11.2% from 2021-2028. 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 Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Fleet Management System Market Key Players:
Mix Telematics
Geotab, Teletrac Navman
Automotive Rentals Inc.
Omnitracs
Trimble
Verizon Connect
Wheels, Inc.
Chevin Fleet Solution
Donlen Corporation
Recent Developments
In April 2019, Teletrac Navman launched Build Your Own Report, a solution added to the DIRECTOR Analytics platform, to enable users to transform data from telematics devices into accessible reports in any format and with advanced capabilities. This solution helps organizations focus on critical parameters.
In February 2021, Inseego entered into an agreement with Convergence Partners, an investment management firm focused on the technology, media, and telecom sector in Africa, to sell its South African division of Ctrack. The sale of the South African Ctrack operations is a part of the company's strategy to focus solely on target markets that are closely aligned with the growth of their 5G business.
Fleet Management System is a combination of software, hardware, and communication technology. The combined effect of these technologies helps the fleet owners to track and maintain the vehicles and thereby makes them more accessible, identifiable, and cost-effective. It involves managing all the aspects of a vehicle in a company. Three basic components of fleet management are position & material monitoring, production monitoring & equipment assignment, & optimization.
Increasing adoption of the technology, mandatory incorporation of Electronic Logging devices in vehicles, and the increase in international trade are some of the factors that have supported long-term expansion for Fleet Management System Market.
APAC is expected to grow at the highest CAGR during the forecast period. The region is transforming dynamically with respect to the adoption of new technologies across various sectors. The infrastructural growth in APAC, especially in Japan, South Korea, Australia, Singapore, China, and India.
Fleet Management System Market Table of Contents:
Fleet Management System Market is segmented into component, deployment type, fleet type and region.
On the basis of Component
Solutions
Services
On the basis of Deployment Type
On-Premises
Cloud
On the basis of Fleet Type
Commercial Fleet
Light commercial vehicle
Medium and heavy commercial vehicles
Passenger cars
Internal combustion engine
Electric vehicles
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Fleet Management System Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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