Scope of the Study
Fleet manage system refers to management of motor vehicles. There are various functions of fleet management systems such as vehicle financing, maintenance, telematics (tracking and diagnostics), driver management, speed management, fuel management and health and safety management. Government Compulsion of Electronic Logging Device (ELD) Implementation will help to boost global fleet manage system management.
The market study is being classified by Type (Operations Management, Information Management, Risk Management, Vehicle Maintenance & Leasing and Safety & Compliance Management), by Application (Logistics and Transportation and Public Transportation) and major geographies with country level break-up. According to AMA, the Global Fleet Manage System market is expected to see growth rate of 17.8%
AT&T (United States), Donlen Corporation (United States), IBM Corporation (United States), Geotab (Canada), Tomtom NV (Netherlands), LeasePlan USA (United States), Masternaut Limited (United Kingdom), Merchants Fleet Management (United States), Omnitracs (United States) and Teletrac Navman (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Trimble (United States), Verizon Telematics (United States), Wheels, Inc. (United States), WorkWave (United States), Cisco Systems Inc. (United States), CTRACK (An Inseego Corp. Company) (South Africa), I.D. Systems (United States) and Mix Telematics (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Fleet Manage System market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Fleet Manage System market by Type, Application and Region.
On the basis of geography, the market of Fleet Manage System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicles Type, the sub-segment i.e. Light Commercial Vehicle will boost the Fleet Manage System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Model, the sub-segment i.e. Cloud will boost the Fleet Manage System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Upsurging Demand of Logistics and Transport
- Rising Need of operational efficiency in fleet owning organizations
- Growing International Trades
- Rising Dependency on Cloud Computing in Fleet Management
- Adoption of Wireless Technology
- Government Compulsion of Electronic Logging Device (ELD) Implementation
- High cost
- Growing Data Volume Leads to Cyber Threats
- Rising Usage of Reed sensors in Developing Nations
- Fuel Price Fluctuations
- Increasing Concern Regarding Driver Safety
Market Leaders and their expansionary development strategies
On 6th March 2018, Verizon Connect combined the three fleet and mobile workforce management software industries such as Fleetmatics, Networkfleet and Telogis. This combination of companies will deliver keys that supports drive safety, productivity, and efficiency for customers.
On 8th March 2018, Donlen (the fleet industry’s most customer-centric as well as technically integrated distributors of financing and fleet management solutions) has released Recall inSIGHT.
Key Target AudienceFleet Management Service Providers, Cloud Service Distributors, Information Technology Industry, Value-Added Resellers, Third-Party Logistics Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase