Press release
Fleet Maintenance Software Market Projected to Achieve US$ 30.9 Billion by 2032
These days, this system is accessible in both desktop and online versions, and in the near future, it is anticipated to serve as the paradigmatic indicator of the developments in the worldwide fleet maintenance software industry.
Download a Sample Copy Of Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7421
On a digital model, fleet maintenance software facilitates the owner's tracking and repair of the fleet. Fleet maintenance software adoption is essential in today's logistics and transport industry due to the growing complexity of maintaining a record of preventative maintenance services, repairs, work orders, inventory management, gas station, personnel deployment, availability of vendors, and other crucial details.
Fleet Maintenance Software Market Key Players
• Geotab
• Automotive Rentals Inc.
• Omnitracs
• Teletrac Navman
• Trimble
• Verizon Connect
• Wheels Inc.
• Mix Telematics
• Chevin Fleet Solution
• Donlen Corporation among others.
According to a recent market research analysis on fleet maintenance software, between 2015 and 2021, the industry's overall growth rate decreased by 1%. The COVID-19 epidemic has had a significant influence on both large and small company operations.
Certain industries, such transportation, utilities, field services, logistics, and others, had to operate at a reduced capacity in order to comply with the restrictions, while some were able to implement work-from-home policies.
The unrest and supply chain disruption that caused the transport and logistics sector to face enormous challenges is acknowledged by the fleet maintenance software market demand study as having had a detrimental effect on the market as a whole. Key players in the worldwide fleet maintenance software industry have seen a significant decline in revenue as a result of the COVID-19 pandemic.
As a result, there is less need for fleets, carriers, emergency responders, organizers, and other fleet operators. This has also caused the market share of fleet maintenance software to decline.
The demand for fleet maintenance software is growing concurrently across the countries as more and more transportation legislation are getting enacted to regulate the market.
Fleet maintenance software is primarily used to gather, store, process, monitor, report, and export data for corporate vehicle transportation or logistics. This method makes it easier and more accountable to manage information imported from other sources, such gas pump processors or territorial authorities. As a result, there is a great need for fleet maintenance software in these areas.
According to the fleet maintenance software market study report, many long-distance transportation business owners have been drawn to the program's checklist feature, which allows them to store fleet data for future reference and eliminates the possibility of downtime or disasters.
The application is positioned to set future trends in the fleet maintenance software industry. It can also track and watch driver conduct, enabling businesses to properly monitor any misappropriation activity or other similar activities. SaaS-based fleet maintenance software, on the other hand, has shown to be more user-friendly and economical in recent years. Consequently, a lot of new logistical enterprises have found success using fleet maintenance software thanks to these services.
Many businesses have followed the rules established by governments in different countries and economies to run their operations. The market use of fleet maintenance software is required by these legislation and compliance. These policies and guidelines are in place to protect the security of drivers and staff, preserve fleet productivity and response times, and prevent traffic accidents. Digital solutions, in particular, have contributed to the expansion of the fleet maintenance software industry, and may be used to handle these rules.
Read More: https://www.factmr.com/report/fleet-maintenance-software-market
What obstacles are anticipated to arise in the growth of the fleet maintenance software market?
Fleet software collects data by interpreting signals from many satellites that are linked to fleet cars. Practically speaking, these signals might be impacted by storms, big buildings, and other obstructions before they reach the receiver.
For example, the GPS transducers used in this application run the risk of becoming weak and ineffective, endangering the entire system. This might make it difficult for fleet maintenance software to become widely used in the local markets.
Recent Developments in the Global Fleet Maintenance Software Market
Since Ford automobiles are available in every European nation, including the UK, Geotab Inc. linked its fleet management systems with Ford vehicles in July 2020. In addition, some companies within this sector are employing cutting-edge technology to get real-time vehicle tracking in order to deliver the greatest possible assistance within the worldwide fleet maintenance software market.
Renowned for providing a variety of vehicle fleet management solutions, Element Fleet Management Corporation has announced plans to launch an enhanced element connection solution and telematics products in November 2021 to capture a larger portion of the fleet maintenance market. The company institution offered two cutting-edge telematics systems for fleet owners and operators: QConnect and DriverCare CoPilot.
In October 2021, CalAmp Inc. created the first-ever iOn fleet management software Tracker to help owners and fleet managers in the UK make choices more quickly when traveling over water. Real-time access to assets, fleets, and personnel is made possible by this tracker, which also helps to reduce fuel expenses, increase fleet efficiency, and improve safety.
Key Segments
• By Fleet Type :
o Passenger Car
o Commercial Fleets
• By Component :
o Solution
o Services
• By Region :
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East and Africa (MEA)
As businesses seek to optimize their operations, reduce downtime, and improve the lifespan of their fleet assets, the adoption of advanced fleet maintenance software is becoming essential. These software solutions offer comprehensive tools for real-time tracking, predictive maintenance, and data analytics, enabling fleet managers to make informed decisions and enhance operational efficiency.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fleet Maintenance Software Market Projected to Achieve US$ 30.9 Billion by 2032 here
News-ID: 3584661 • Views: …
More Releases from Fact.MR
Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi …
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiency…
Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% …
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complex…
Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex …
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The rise…
Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: …
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into the…
More Releases for Fleet
Fleet Tracking and Logistics Market is thriving worldwide by 2027 | Top Key Play …
Fleet Tracking and Logistics Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report…
Fleet Management Consulting Service Market will reach USD 39.94 Billion by 2032 …
The global fleet management size is expected to grow USD 39.94 Billion by 2032 from USD 21.6 Billion in 2021, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period.
The presence of various key players in the ecosystem has led to a competitive and diverse market. The market include a high growth rate for the adoption of cloud computing and analytics, declining hardware and IoT connectivity costs,…
Fleet Management Solution Market: Start managing fleet data, access and update i …
The report "Global Fleet Management Solution Market By Deployment Model (On-premise, and On-Demand Hybrid), By Solution (Asset Management, Information Management, Driver Management, Safety and Compliance Management, Risk Management, Operations Management, and other Solutions), By End User (Transportation, Energy, Construction, Manufacturing, and Other End Users), and Region - Global Forecast to 2029". Gradually adopting transportation by businesses to enhance their offerings this results in considerable rise over the past few years…
Fleet Management Market Insights | Key players: ARI Fleet Management, Azuga, Che …
According to recent research "Fleet Management Market by Solution (Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, Fleet Analytics and Reporting), Service (Professional and Managed), Deployment Type, Fleet Type, and Region - Global Forecast to 2023", the global fleet management market size is expected to grow from USD 15.9 billion in 2018 to USD 31.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast…
Fleet software comm.fleet: Effective cost control for fleet managers
Relief for fleet managers: identify the cost drivers of the company and take appropriate actions with the fleet management software comm.fleet
The adoption of a multifunctional controlling system is an indispensable prerequisite for an effective and systematic management of all company fleet costs. Be it a question of planning enhancement and control, budgeting coordination or the execution and analysis of a target-performance comparison with the purpose of a perfect fleet administration,…
Fleet Specialisation-Cover 4 Fleet Insurance Investigate Future Fleet Trends
Victoria, London ( openpr ) June 10, 2011 - Economically driven by the need to immerse their resources in core activities, companies will turn to fleet outsourcing options. Even in the case of fleet contract hire, there are case studies which are dramatic in the current economic environment.
Take the case study of Fraikin , which was originally established in France in 1944 and is today the biggest commercial…
