Fleet Management Solutions Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032

Report code : IS242, Status : Published, Published on: Oct, 2019, Pages : 125 Pages, Format : PDF/PPT/Excel

Buying Options

Global Analysis: : $999

Global and Regional Analysis : $2799

Global Deep Dive Analysis : $5499

Competition Analysis : $399

Buy Now

Enquiry before buying

Description

The global Fleet Management Solutions market was estimated to be US$ 22.67 Billion in 2022 and is expected to reach US$ 113.84 Billion by 2032 at a CAGR of 17.6%.

Fleet management solutions market is expected to witness significant growth over the coming years owing to several cost benefits over its counterparts including Software-as-a-Service (SaaS) and cloud-based deployments. Other factors such as rising number of government regulations and growing need for optimization of fleet operating expenses are expected to further escalate industry demand over coming years.

Declining hardware and software costs alongside superior operational efficiency are also supporting fleet management solutions. North America has witnessed substantial growth owing to the rapid adoption of fleet management solutions and strict government mandates. Asia Pacific currently hold major market share owing to the strong economic developments.

Major players dominating the global market include ARI Fleet Management, Azuga, Chevin Fleet Solutions, Ctrack, Donlen Corporation, Geotab, GPS Insight, Masternaut, MiX Telematics, Nextraq, Teletrac Navman, Trimble, Verizon Connect, Wheels, Inc., and Fleetroot.

The report titled “Fleet Management Solutions Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032” wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global fleet management solutions market.

Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study.

For instance, "Inseego entered the telematics software and services industry through the acquisition of Ctrack in October 2015. Ctrack was founded in South Africa in 1985, and today Ctrack operations span over 50 countries on six continents. Through successful global acquisitions, the Ctrack group broadened its international reach by expanding into the United Kingdom, Europe, Australia and the United States, and using distributors in emerging markets such as Asia and the balance of the African continent."

Moreover, the Fleet management solutions market study takes into consideration market segmentation based on type, solution, deployment, end user, and geography. Based on type, the market is segmented into traditional and smart fleet management solutions. Based on solution, the market is segmented into asset management, information management, driver management, safety and compliance management, risk management, and operations management. On the basis of deployment, the market is segmented into on-premises, hybrid, and cloud. Based on end user, the global fleet management solution market is segmented into transportation, energy, construction, manufacturing, and other. Geographically, the global market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

The study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on fleet management solutions. Further, market share of company in the global fleet management solutions market would also be calculated. For instance, Inseego Corp operates through three business segments namely Telematics and Asset Tracking, IoT and Mobile, and Sales and Marketing. Moreover, Telematics and Asset Tracking business segment of the company deals with fleet management solutions and services.

The report study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the fleet management solutions developers and service providers. Furthermore, the global fleet management solutions market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution.

Product portfolio would focus on all the products under the fleet management solutions business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global fleet management solutions market. For instance, Inseego Corp reported revenues of US$ 219.3 Million in 2017 and the segment and geographic analysis of the company indicates that South Africa was the major revenue generating region.

Global Fleet Management Solutions Market Segmentation:

Based On Type

Traditional
Smart Fleet Management Solutions

Based On Solution

Based On End User

Transportation
Energy
Construction
Manufacturing

Based on Region

North America
Europe
Asia Pacific
Middle East & Africa
South America

Table Of Content

Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
Market Synopsis: Global Fleet Management Solution Market
Global Fleet Management Solution Market Qualitative Analysis
- Trends
  - Market trends
  - Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
  - Driving Forces
  - Hindering Forces
  - Opportunities
- Technology evolution
Global Fleet Management Solution Market Analysis and Forecast, by Solution Type
- Overview and definitions
- Key segment analysis
- Global Fleet Management Solution Market Estimates (US$ Mn), by Solution Type, 2019 – 2032
  - Fleet Telematics
  - Driver Information Management
  - Vehicle Maintenance
  - Safety and Compliance Management
  - Others

Global Fleet Management Solution Market Analysis and Forecast, by Vehicle Type
- Overview and definitions
- Key segment analysis
- Global Fleet Management Solution Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
  - Commercial Vehicles
  - Passenger Cars
  - Aircrafts
  - Watercrafts

Global Fleet Management Solution Market Analysis and Forecast, by Technology
- Overview and definitions
- Key segment analysis
- Global Fleet Management Solution Market Estimates (US$ Mn), by Technology, 2019 – 2032
  - GNSS
  - Cellular Systems

Global Fleet Management Solution Market Analysis and Forecast, by Deployment Type
- Overview and definitions
- Key segment analysis
- Global Fleet Management Solution Market Estimates (US$ Mn), by Deployment Type, 2019 – 2032
  - Cloud based
  - On-premise
  - Hybrid

Global Fleet Management Solution Market Analysis and Forecast, by End Use Sector
- Overview and definitions
- Key segment analysis
- Global Fleet Management Solution Market Estimates (US$ Mn), by End Use Sector, 2019 – 2032
  - Automotive
  - Energy & Utilities
  - Manufacturing
  - Retail
  - Transportation and Logistics
  - Construction
  - Others

Global Fleet Management Solution Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Fleet Management Solution Market Estimates (US$ Mn), by Region, 2019 – 2032
  - North America
  - Europe
  - Asia Pacific
  - Middle East & Africa
  - South America

North America Fleet Management Solution Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Fleet Management Solution Market Estimates (US$ Mn), by Solution Type, 2019 – 2032
  - Fleet Telematics
  - Driver Information Management
  - Vehicle Maintenance
  - Safety and Compliance Management
  - Others
- North America Fleet Management Solution Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
  - Commercial Vehicles
  - Passenger Cars
  - Aircrafts
  - Watercrafts
- North America Fleet Management Solution Market Estimates (US$ Mn), by Technology, 2019 – 2032
  - GNSS
  - Cellular Systems
- North America Fleet Management Solution Market Estimates (US$ Mn), by Deployment Type, 2019 – 2032
  - Cloud based
  - On-premise
  - Hybrid
- North America Fleet Management Solution Market Estimates (US$ Mn), by End Use Sector, 2019 – 2032
  - Automotive
  - Energy & Utilities
  - Manufacturing
  - Retail
  - Transportation and Logistics
  - Construction
  - Others
- North America Fleet Management Solution Market Estimates (US$ Mn), Country, 2019 – 2032
  - The U.S.
  - Canada
  - Rest of North America

Europe Fleet Management Solution Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Fleet Management Solution Market Estimates (US$ Mn), by Solution Type, 2019 – 2032
  - Fleet Telematics
  - Driver Information Management
  - Vehicle Maintenance
  - Safety and Compliance Management
  - Others
- Europe Fleet Management Solution Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
  - Commercial Vehicles
  - Passenger Cars
  - Aircrafts
  - Watercrafts
- Europe Fleet Management Solution Market Estimates (US$ Mn), by Technology, 2019 – 2032
  - GNSS
  - Cellular Systems
- Europe Fleet Management Solution Market Estimates (US$ Mn), by Deployment Type, 2019 – 2032
  - Cloud based
  - On-premise
  - Hybrid
- Europe Fleet Management Solution Market Estimates (US$ Mn), by End Use Sector, 2019 – 2032
  - Automotive
  - Energy & Utilities
  - Manufacturing
  - Retail
  - Transportation and Logistics
  - Construction
  - Others
- Europe Fleet Management Solution Market Estimates (US$ Mn), Country, 2019 – 2032
  - Germany
  - United Kingdom
  - Belgium
  - Spain
  - Rest of Europe

Asia Pacific Fleet Management Solution Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Fleet Management Solution Market Estimates (US$ Mn), by Solution Type, 2019 – 2032
  - Fleet Telematics
  - Driver Information Management
  - Vehicle Maintenance
  - Safety and Compliance Management
  - Others
- Asia Pacific Fleet Management Solution Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
  - Commercial Vehicles
  - Passenger Cars
  - Aircrafts
  - Watercrafts
- Asia Pacific Fleet Management Solution Market Estimates (US$ Mn), by Technology, 2019 – 2032
  - GNSS
  - Cellular Systems
- Asia Pacific Fleet Management Solution Market Estimates (US$ Mn), by Deployment Type, 2019 – 2032
  - Cloud based
  - On-premise
  - Hybrid
- Asia Pacific Fleet Management Solution Market Estimates (US$ Mn), by End Use Sector, 2019 – 2032
  - Automotive
  - Energy & Utilities
  - Manufacturing
  - Retail
  - Transportation and Logistics
  - Construction
  - Others
- Asia Pacific Fleet Management Solution Market Estimates (US$ Mn), Country, 2019 – 2032
  - Japan
  - India
  - China
  - Australia
  - Rest of Asia Pacific

Middle East & Africa Fleet Management Solution Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Fleet Management Solution Market Estimates (US$ Mn), by Solution Type, 2019 – 2032
  - Fleet Telematics
  - Driver Information Management
  - Vehicle Maintenance
  - Safety and Compliance Management
  - Others
- Middle East & Africa Fleet Management Solution Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
  - Commercial Vehicles
  - Passenger Cars
  - Aircrafts
  - Watercrafts
- Middle East & Africa Fleet Management Solution Market Estimates (US$ Mn), by Technology, 2019 – 2032
  - GNSS
  - Cellular Systems
- Middle East & Africa Fleet Management Solution Market Estimates (US$ Mn), by Deployment Type, 2019 – 2032
  - Cloud based
  - On-premise
  - Hybrid
- Middle East & Africa Fleet Management Solution Market Estimates (US$ Mn), by End Use Sector, 2019 – 2032
  - Automotive
  - Energy & Utilities
  - Manufacturing
  - Retail
  - Transportation and Logistics
  - Construction
  - Others
- Middle East & Africa Fleet Management Solution Market Estimates (US$ Mn), Country, 2019 – 2032
  - Saudi Arabia
  - UAE
  - Rest of Middle East

South America Fleet Management Solution Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Fleet Management Solution Market Estimates (US$ Mn), by Solution Type, 2019 – 2032
  - Fleet Telematics
  - Driver Information Management
  - Vehicle Maintenance
  - Safety and Compliance Management
  - Others
- South America Fleet Management Solution Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
  - Commercial Vehicles
  - Passenger Cars
  - Aircrafts
  - Watercrafts
- South America Fleet Management Solution Market Estimates (US$ Mn), by Technology, 2019 – 2032
  - GNSS
  - Cellular Systems
- South America Fleet Management Solution Market Estimates (US$ Mn), by Deployment Type, 2019 – 2032
  - Cloud based
  - On-premise
  - Hybrid
- South America Fleet Management Solution Market Estimates (US$ Mn), by End Use Sector, 2019 – 2032
  - Automotive
  - Energy & Utilities
  - Manufacturing
  - Retail
  - Transportation and Logistics
  - Construction
  - Others
- South America Fleet Management Solution Market Estimates (US$ Mn), Country, 2019 – 2032
  - Brazil
  - Rest of South America

Competition Analysis – Fleet Management Solution Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
  - AT&T Inc.
    - Business overview
    - Geographic presence
    - Product portfolio
    - Financial facts
    - Channel partners
    - Relevant news and strategic view
  - Geotab
  - GPS Insight
  - D. Systems
  - IBM Corporation
  - Inseego Corporation
  - Mix Telematics Ltd.
  - Omnitracs LLC
  - TomTom N.V.
  - Trimble Inc.
  - Verizon Communications
  - Wheels Inc.
  - Nextraq
  - Teletrac Navman

Conclusion & Recommendations

Request Sample

Request for Customization

Call with the Author

Frequently asked questions about this report

How big is the fleet management solutions market?

The fleet management solutions market is expected to reach US$ 113.84 Billion by 2032.

What is the fleet management solutions market growth?

The fleet management solutions market is expected grow at a CAGR of 17.6% between 2023 to 2032.

What was the value of the fleet management solutions market in 2022?

The fleet management solutions market was estimated to be US$ 22.67 Billion in 2022.

What are the top players active in the fleet management solutions Market?

The major active players are ARI Fleet Management, Azuga, Chevin Fleet Solutions, Ctrack, Donlen Corporation, Geotab, GPS Insight, Masternaut, MiX Telematics, Nextraq, Teletrac Navman, Trimble, Verizon Connect, Wheels, Inc., and Fleetroot.

What are the major driving factors and opportunities in the fleet management solutions market?

Rising number of government regulations and growing need for optimization of fleet operating expenses are expected to further escalate the Fleet Management Solutions industry demand over coming years.

What is the base year considered in the fleet management solutions market report?

The base year considered in fleet management solutions market report is 2022.