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Fleet Management Market 2020: Research Analysis, Strategies, Business Plan, & Revenue | TomTom N.V., Freeway Fleet Systems, Navico, Fleetmatics Group PLC, AT&T Inc. MiTAC International Corporation

08-06-2020 10:11 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Fleet Management Market 2020: Research Analysis, Strategies,

On the basis of industries, the market is categorized into retail, government, transportation & logistics, automotive, manufacturing, construction, and energy. The transportation & logistics segment held the largest share, contributing more than one-fourth of the market and is expected to maintain its dominance throughout the study period. Moreover, the segment is expected to register a CAGR of 26.2% through 2022. However, the government segment is expected to register the second highest CAGR during the study period, owing to rise in need of government organizations to replace the outdated systems & services in fleet management with modern and automated systems.

The market is analyzed across various regions such as Asia-Pacific, Europe, North America, and LAMEA. The market across Asia-Pacific held the largest share in 2014 and is expected to portray the fastest CAGR through 2022.

Download Report Sample (150 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/753

Global fleet management market report includes in-depth analysis of the major market players such as Navico, TomTom N.V., AT&T Inc., Fleetmatics Group PLC, IBM Corporation, MiTAC International Corporation, Telogis, I.D. Systems, Cisco Systems, Inc., and Freeway Fleet Systems.

The global fleet management market accounted for $7.76 billion in 2015 and is projected to garner $34.63 billion by 2022, registering a CAGR of 24.5% from 2016 to 2022.

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Based on the component, the market is bifurcated into solution and services. The solution segment is expected to register the fastest CAGR of 23.5% during the forecast period. On the basis of communication technology, the market is segmented into the global navigation satellite system (GNSS) and the cellular system. The cellular segment held the largest share, contributing nearly two-thirds of the total market share and is projected to register a CAGR of 23.9% during the forecast period. However, the GNSS segment is estimated to manifest the fastest CAGR through 2022.

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Fleet Management Market https://www.alliedmarketresearch.com/request-for-customization/753

The global fleet management market is segmented on the basis of vehicle type, component, communication technology, industries, and geography. Based on vehicle type, the market is divided into light commercial vehicle, heavy commercial vehicle, aircraft, railway, and watercraft. The railway segment held the lion’s share in 2014, contributing more than one-fourth of the total market. However, the aircraft segment is expected to manifest the fastest CAGR of 26.3% during the study period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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