Press release
Global Fleet Management System Market Expected to Witness a Sustainable Growth over 2023
Fleet (vehicle) management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, speed management, fuel management and health and safety management.
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Global Fleet Management System Market: Forecast by Type / Application / Region
As per the geographic analysis, North America is estimated to hold the largest market share during the forecast period. This is due to the early adoption of fleet management technologies, majorly for commercial vehicles in this region. North America constitutes of developed economies, such as the US and Canada. These countries are significantly advanced in terms of technology and its application deployments. Moreover, government regulations, policies, and mandates for the different applications of fleet management are expected to drive the market growth in North America.
The managed services segment is expected to grow at the fastest rate during the forecast period, owing to the increased adoption of outsourced managed services. Integrated facility management, consultancy, and round-the-clock help desk are some of the upcoming managed services required by fleet operators. Moreover, it has become difficult for companies to focus on core business processes and support various other functions, which in turn, increases the significance of managed services. These services offer technical skills that are required to maintain and update the software in the fleet management ecosystem.
Over the next five years, LPI(LP Information) projects that Fleet Management Systems will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Fleet Management System Market: Key Players
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
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Related Information:
United States Fleet Management System Market Research Report 2018
Europe Fleet Management System Market Research Report 2018
North America Fleet Management System Market Research Report 2018
Asia-Pacific Fleet Management System Market Research Report 2018
China Fleet Management System Market Research Report 2018
EMEA Fleet Management System Market Research Report 2018
Global Fleet Management System Market Research Report 2018
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