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Increasing Demand for Logistics and Transport to Give a Substantial Push to Fleet Management Market Expansion Ahead

02-07-2020 03:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRFR

Summary

Global Fleet Management Market Information Report by Deployment Type (Cloud, On-Premises, Hybrid), by Management type (Driver Management, Asset Management, Operation Management), by Connectivity Type (Satellite Navigation, Cellular System), by Services (Managed Services, Integration and Deployment services, Professional services) and by Regions - Global Forecast To 2023

Fleet Management Market Highlight

A recently released new research by Market Research Future predicts that the global Fleet management market size will be fueling up during the forecast period 2016-2023, at a CAGR of 22%, and would gain more valuation as well.

The Fleet management report has focused on many vital processes in managing vehicle fleet in an organization. Fleet management stereotypically embraces vehicles such as cars and trucks, commercial and freight aircraft, corporate fleets, buses and trams, and container ships as well. Fleet management is also predominantly being used in various sectors such as chemicals, mining, oil and gas, retail and logistics, waste management construction, public and private transport, utilities, and service sectors.

The fleet management market is mainly driven by the constant surge in demand for logistics and transport. The factors of the growth of the market are the inconsistent connectivity issues, fuel costs, demand to meet pollution targets and operational efficiency. With fleet management, organizations have the possibility for better access to plan maintenance of vehicles, enhanced proper routing of fleets and driver safety that can together ultimately lead to effective operations of the fleet.

Get Free Sample Pages @ https://www.marketresearchfuture.com/sample_request/2646

Adding to more, it has been observed that vehicle connectivity and smart transportation are progressively helping organizations with safety operations of the fleets, which is surging the demand for the same and thus, influencing the market at a higher rate. On the other hand, Fleet management also helps in higher efficiency, consistent performances, and ultimately reduced costs, which are yet other factors influencing the market in the foreseeable years.

Market Key Players

The list of the key players operating in the global fleet management market are

Verizon Telematics Inc. (U.S.)

WorkWave LLC(U.S.)

Fleetmatics Group PLC (U.S.)

I.D. Systems, Inc. (U.S)

Zonar Systems, Inc. (U.S.)

Trimble Inc. (U.S), and Cisco Systems, Inc. (U.S.).

Market Segmentation
The segmental analysis of the global fleet management is done by deployment type, management, and Connectivity type.

In terms of deployment type: The market includes cloud, on-premises, and hybrid.

In terms of management type: The market includes asset management, driver management, and operation management.

In terms of connectivity Type: The market includes satellite navigation and cellular system.

By services managed services type: The market includes integration and deployment services, and professional services.

Regional Drivers
The global fleet management market, regionally, has been studied among the key regions of North America, Europe, Asia Pacific, and the Rest of the World (RoW).

Among these, the North American and Europe region can lead the market owing to stringent norms on vehicle emissions and huge innovations being done in the fleet management technology deployment.

The Asia-Pacific region can also be the fastest-growing region with an array of opportunities in countries such as China and India. The large scale adoption of web and mobile-based business services in these regions is the key driver for the market in the region. With this, countries such as China and India are prognosticated to accelerate the growth of the market in the upcoming years. Besides, the region has been perceiving the prevalent adoption of web and mobile-based business services, which is mostly responsible for motivating the expansion of the fleet management market in the forecast period.

Table Of Content

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter's Five Forces Analysis

4 Global Fleet Management Market, By Deployment Type

4.1 Introduction

4.2 Cloud Technology

4.3 On Premises

4.4 Hybrid

Continues.....

Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/fleet-management-market-2646

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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