The Global Fleet Management System market is forecasted to grow at a CAGR of +15% during the period 2018-2025

Summary:
Latest Research Report on Global Fleet Management System Market Added by Garner Insights which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis

The Fleet Management System Market research study relies upon a combination of primary as well as secondary research. A fleet management system is formed by the integration of hardware, software, and communication technologies. It provides a platform to fleet operators to efficiently control, track, and monitor commercial vehicles. They improve the overall operational efficiency by reducing the non-value-added activities of the operators. Fuel cards are used for fuel management while driver safety systems monitor driver behavior. Other solutions are employed for location or tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments.

The fleet management market is expected to grow from USD 12.08 Billion in 2016 to USD 28.66 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of +15%. during 2018-2025.

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Key players
The report also profiles some of the major players functioning in the Global Fleet Management System Market, on the basis of various factors such as the company overview, revenue, product offering (s), key development (s), business strategies, Porter’s five forces analysis, and SWOT analysis. Some of the major players profiled in this report include Omnitracs, Trimble, Fleetmatics, Alphabet, Telenav, Arvento, Teletrac, EMKAY, Gurtam, ARI, FleetCor, Navman Wireless, TomTom, I.D. Systems, AssetWorks, BSM Wireless, E6GPS, Mike Albert, Microlise, Etrans, Wiesless Matrix, Scania Fleet, Transcore, Transics, Blue Tree, Fleetboard, Inosat, Tracker SA, Zonar, Dynafleet

Market Scenario:

Mobile devices will have tighter integration into vehicles. Beyond the connecting hands-free phone and music; the mobile devices will be able to wirelessly sync key vehicle data including mileage, health checks, and performance. Wirelessly with the mobile device, this, in turn, can use that information for applications. Mobile devices, already ubiquitous in 2014, will be the sole way drivers handle their fleet tasks. Mileage reporting, trip logs, and finding vendors which will all happen through mobile devices and will make use of the capabilities (such as location awareness) of those devices to automate tasks. All key fleet documents will be digital and available in a mobile device.

Big Data will drive decisions for all aspects of fleet management, including vehicle selection, maintenance management, and driver safety planning. With the continued use of fleet analytics and accessibility to greater amounts of data, fleets will become more efficient, operate with fewer resources, and show an increase in productivity. Commercial vehicle fleets play an essential role in the European and American economy. QYR is of the opinion that the European fleet management market has entered a growth period that will last for several years to come and the American market for fleet management will continue to show healthy growth in the next 5 years. Individual markets may however suffer temporary setbacks, depending on the local economic developments.

Fleet Management System Market Segmentation
The Fleet Management System market is segmented based on Application & product type. On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into, Type I, Type II, On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including, Logistics and Transportation, Public Transportation

Regional analysis
Based on geographies Fleet Management System market has been analyzed as:
United States, EU, China, Japan, South Korea, India

The main points which are answered and covered in this Report are-

What will be the total Fleet Management Systemmarket size in the coming years till 2021?
What will be the key factors which will be overall affecting the industry?
What are the various challenges addressed?
Which are the major companies included?
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Following Sections to show the Fleet Management System Market showcase
Section 1: Industry: Overview, Development of Market Segment, Upstream, Downstream and Cost Analysis
Section 2: Industry Environment: Policy, Economics, Sociology, and Technology
Section 3: Supply (Production), Consumption, Export, Import by Region (2012-2017)
Section 4: Industrial Chain, Sourcing Strategy and Downstream Buyers
Section 5: Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis
Continued…

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We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the Fleet Management System market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

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