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Fleet Management Market Size Worth $ 42,867.7 million By 2026 | CAGR: 16%

11-25-2020 02:39 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Whipsmart MI

The global Fleet Management market size is expected to reach USD 42,867.7 million by 2026 according to a new study by WhipSmart MI Research. The report “Fleet Management Market By Deployment Type (Hybrid, On premises, Cloud); By Solution Type (Driver management, Asset management, Operation management) and By Service Type (Managed services, Integration and deployment service, Managed services) and By Regions, Segments & Forecast, 2019 - 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Get the details about the report on the below link -
https://whipsmartmi.com/report/fleet-management-market-2/

The unique COVID impact assessor from WhipSmart MI takes inputs such as economic growth forecasts, industry outlooks, analyses churned out by various global agencies such as IMF, World Bank, OECD along with covid indicators such as infection rates, death rates, vaccine news to assess how the growth rate for markets will change over the next two years – 2020 & 2021. These dashboards are updated every quarter and are available for 4000+ markets.

Each industry looks for the greatest yield at least expenses. For fleet managers, the expense acquired on fleets holds a huge bit of the organization's operating costs. Fleet management solutions benefit the growth of profit for fleet proprietors by enhancing routing, expanding driver safety, guaranteeing vehicle security and improving the performance and life cycle of fleet vehicles. It additionally imagines fleet execution and recognizes which drivers or investment funds classes ought to be focused for development.
Fleet management helps the managers in fleet vehicles, support the executives, cut down fuel cost and distance travelled, alter driver behaviour and lower overhead expenses. The advantages help the cost-viability of business activities for fleet owners, giving them a focused edge. The favourable circumstances have expanded the business capability of fleet management solutions and upgraded the venture inflow in the fleet management market.

In the global Fleet Management market, North America has a largest market. Growth in associated equipment markets, rising focus on preventive maintenance, adoption of innovative funding mechanism, and growing purchase of refurbished medical systems are driving the growth in Fleet Management market.

The key players in the market ARI Fleet Management (US), Azuga (US), Chevin Fleet Solutions (Australia), Ctrack (US), Donlen Corporation (US), Geotab (Canada), GPS Insight (US), Masternaut (UK), MiX Telematics (South Africa) , Nextraq (US), Teletrac Navman (US), Trimble (US), Verizon Connect (US), Wheels, Inc (US), and Fleetroot (UAE) among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.

WhipSmart MI Market research has segmented the Fleet Management market report on the basis of component, deployment, fleet type, vertical and region

Fleet Management Component Outlook (Revenue, USD Million, 2019 – 2026)
Solutions
Operations Management
Fleet Tracking and Geofencing
Routing and Scheduling
Vehicle Maintenance and Diagnostics
Performance Management
Driver Management
Fuel Management
Fleet Analytics and Reporting
Others
Services
Professional Services
Consulting
Implementation
Support and Maintenance
Managed Services

Fleet Management Deployment Mode Outlook (Revenue, USD Million, 2019 – 2026)
On-Premises
Cloud

Fleet Management Fleet Type Outlook (Revenue, USD Million, 2019 – 2026)
Commercial Fleet
Passenger Cars

Fleet Management Vertical Outlook (Revenue, USD Million, 2019 – 2026)
Transportation & Logistics
Automotive
Retail
Government
Others

Fleet Management Regional Outlook (Revenue, USD Million, 2019 – 2026)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Russia
Asia Pacific
Japan
Korea
Latin America
Mexico
Brazil
Colombia
Middle East & Africa
Saudi Arabia
Israel

Contact:
7264 Magistrate Terrace, Mississauga, Ontario L5W 1H8, Canada
+1 5102005090
sales@whipsmartmi.com

About Whipsmart MI:
Whipsmart MI provides fact based consulting services in the B2B and B2C domains to help assess complex VUCA developments and provide strategic intelligence to achieve transformational growth by identifying niche high growth opportunities. We facilitate the growth journey through a unique approach using a multitude of inputs to assess changes in the marketplace, disruptive trends, technologies, whitespaces and adjacencies across industries that will eventually impact respective industry domains.
WhipSmart Market Bytes is the most affordable market and competitive intelligence platform with accurate comprehensive coverage and quarterly updates, an indispensable market and strategy planning asset in a world of constant flux.

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