Revolutionizing Transportation : Fleet Management Market Trends and Outlook
Allied Market Research recently published a report, titled, "Fleet Management Market by Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle, Aircraft, Railway, and Watercraft), Component (Solution and Services), Communication Technology (Global Navigation Satellite System (GNSS) and Cellular System), and Industry (Retail, Government, Transportation & Logistics, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030". As per the report, the global fleet management industry was pegged at $19.46 billion in 2020, and is projected to reach $52.50 billion by 2030, growing at a CAGR of 10.6% from 2021 to 2030.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/753
The aircraft segment dominated the market
By vehicle type, the aircraft segment held the lion's share in 2019, accounting for around one-fourth global fleet management market, owing to rise in aircraft fleet presence across the globe. However, the watercraft segment is projected to register the highest CAGR of 11.2% during the forecast period, due to rise in application of fleet management system in boats to keep track of boat sailing activities.
The services to portray the highest CAGR through 2030
By component, the services segment is projected to manifest the highest CAGR of 12.7% during the forecast period, owing to rise in demand for aftersales services of fleet management and telematics solutions across the globe. However, the solution segment held the largest share in 2020, contributing to nearly two-thirds of the global fleet management market, due to rise in presence of companies operating in the industry.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/fleet-management-market/purchase-options
North America held the lion's share
By region, the market across North America held the largest share in 2020, accounting for around two-fifths of the market, due to rise in application of fleet management system in vehicles running across the region. However, the global fleet management market across Asia-Pacific is projected to portray the highest CAGR of 12.1% during the forecast period, owing to rise in production and sales of vehicles equipped with infotainment, navigation, and telematics services.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
AT&T, Inc.
Cisco Systems, Inc.
Fleetmatics Group Plc
Freeway Fleet Systems
IBM Corporation
I.D. Systems
MiTAC International Corporation
Navico
Telogis
TomTom N.V.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/753
๐๐จ๐ง๐ญ๐๐๐ญ :
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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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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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