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Transportation and Fleet Management Solutions Market to Witness Growth Acceleration by 2031

06-07-2024 07:10 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Transportation and Fleet Management Solutions Market

The global transportation and fleet management solutions market is anticipated to grow at a significant CAGR of 16.3% during the forecast period. The push towards EVs as a sustainable transportation solution led to the integration of EVs into fleet operations. Fleet management solutions are being adapted to support the unique needs of EVs, including charging infrastructure management. Additionally, policymakers are launching zero-emission vehicle programs and setting emissions reduction targets that directly impact commercial fleets across a number of industries. Subsequently, growing social and investor demands for more sustainable operations are influencing leaders to progress toward fleet electrification.

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For instance, in April 2023, Samsara Inc., the pioneer of the connected operations cloud, revealed the sustainable fleet management solution. This expansion of Samsara's current fuel efficiency and EVsofferings is designed to empower customerswith additional data-driven insights that helped to reduce emissions, accelerate electrification, and achieve sustainability goals. Furthermore, some companies are shifting from vehicle ownership to mobility services, such as ride-sharing and vehicle-sharing platforms. Fleet management solutions enable efficient management of these shared vehicles and services. Hence, there has been a rapid innovation in battery electric power systems and data intelligence for e-mobility applications.

For instance, in June 2023, ZEVX, Inc., a global provider in intelligent EV systems, launched theOpenZEVX, a SaaS fleet management system designed for battery electric powertrains and e-mobility solutions.OpenZEVX empowered fleet managers to optimize commercial EV powertrains and charge systems to improve EV performance, range and driver safety.

In addition, the advancement of technologies such as telematics and AI facilitated the adoption of more sophisticated fleet management solutions. These technologies allowed for real-time tracking, data-driven decision-making, and predictive maintenance.Therefore, the manufacturers specifically created next-generation suite of fleet management tools for the commercial fleet operations to cater the demand for fleet solutions. For instance, In August 2022, AT&T Inc., launched the next-generation suite of fleet management tools built to empower commercial fleet operations with AI-powered video telematics, automated ELD tools and a robust catalog of tracking solutions.

Global Transportation and Fleet Management Solutions Market Report Segment

By Deployment Type

• On-premise
• On-Demand
• Hybrid

By Solution Type

• Asset Management
• Driver Management
• Safety and Compliance Management
• Information Management
• Operations Management
• Other Solutions (Risk Management)

By End-User

• Transportation
• Health and Pharmaceuticals
• Energy
• Construction
• Manufacturing
• Others (Mining, Utilities)

A full report of Transportation and Fleet Management Solutions Market available @ https://www.omrglobal.com/industry-reports/transportation-and-fleet-management-solutions-market

Transportation and Fleet Management Solutions Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Astrata Group
• Azuga holdings Inc.
• Chevin Fleet Solutions
• Ctrack (Inseego Corp.)
• Donlen Corporation By Hertz Holdings
• Fleetable (Affable Web Solutions Company)
• Geotab Inc.
• Go Fleet Inc.
• I.D. Systems
• KeepTrucking Inc.
• Mix Telematics Ltd.,
• Octo Group SpA

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

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https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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