Press release
Fleet Management System Market to See Major Growth by 2025 | AT&T, Donlen, Geotab, LeasePlan
Global Fleet Management System Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns& country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.Major Players in This Report Include,
AT&T (United States), Donlen Corporation (United States), Geotab (Canada), LeasePlan USA (United States), Masternaut Limited (United Kingdom), Merchants Fleet Management (United States), Omnitracs (United States), TomTom N.V. (Netherlands), Cisco Systems, Inc. (United States), Teletrac Navman (United States), Trimble (United States), Verizon Telematics (United States), Wheels, Inc. (United States) and WorkWave (United States)
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Fleet management enables organizations to track and manage their vehicles in a quick, cost-effective, and accessible way by providing real-time vehicle monitoring and data transmission for faster response and delivery. Fleet management system minimizes the risks related to vehicle financing, improving efficiency, vehicle telematics, productivity and reducing the entire transportation and workforce costs. It ensures effective management of fleets through the deployment of advanced technologies such as Radio-Frequency Identification (RFID). Global Positioning System (GPS), communication sensors and others. Fleet management system market is growing owing to the integration of cloud computing in fleet management software and increasing government initiatives towards fleet management. According to AMA, the Global Fleet Management System market is expected to see growth rate of 15.98%
Global Fleet Management System Market Report offers a detailed overview of this market and discusses the dominant factors affecting the growth of the market. The impact of Porter's five armies on the market over the next few years has been discussed for a long time in this study. We will also forecast global market size and market outlook over the next few years.
Types of Products,Applications and Global Fleet Management System Market Report Geographical Scope taken as the Main Parameter for Market Analysis. This Research Report Conducts an assessment of the industry chain supporting this market. It also provides accurate information on various aspects of this market, such as production capacity, available production capacity utilization, industrial policies affecting the manufacturing chain and market growth.
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Market Drivers
• Emphasizing On Cloud Computing For Streamlining Fleet Management System
• Stringent Rules for Electronic Logging Devices (ELD)
• Government Initiatives towards Fleet Tracking & Maintenance
Market Trend
• The emergence of Vehicular Communication Technologies
• Increasing Adoption by Organizations to Improve Operational Efficiency
Restraints
• Data Privacy and Security Concerns Regarding Fleet Management System
• High Initial Capital Investment Associated To Fleet Management System
Opportunities
• Development in Green and Smart Fleet Management System
• Technological Advancements in Networking Technologies
Challenges
• Lack of Network Infrastructure in Emerging Countries
• Complexity in Deployment Model for Fleet Management System
In this research study, the prime factors that are impelling the growth of the Global Fleet Management System market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Global Fleet Management System market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The Global Fleet Management System is segmented by following Product Types:
End User Industries (Retail, Government, Transportation & Logistics, Automotive, Manufacturing, Construction, Energy, Others), Deployment Type (On-Premises, Cloud, Hybrid), Technology (Global Navigation Satellite System (GNSS), Cellular Systems), Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle, Aircraft, Railway, Watercraft, Others), Services (Professional Services, Managed Services), Solution (Operations Management, Information Management, Risk Management, Vehicle Maintenance & Leasing, Safety & Compliance Management, Others)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Fleet Management System market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Global Fleet Management System Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global Fleet Management System Market
The report highlights Global Fleet Management System market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Global Fleet Management System, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Global Fleet Management System Market Research Report
Chapter 1 Global Fleet Management System Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
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This report also analyzes the regulatory framework of the Global Markets Global Fleet Management System Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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