Press release
Comprehensive Fleet Management Software Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Fleet Management Software Market
The burgeoning rise in e-commerce activities is anticipated to significantly fuel the expansion of the fleet management software market. E-commerce encompasses a wide array of activities, ranging from online buying and selling to digital transactions and varying transaction models, all of which are redefining trade through the Internet. With the rise in internet access, the convenience offered by online shopping, and the continual evolution of consumer preferences towards digital transactions, e-commerce activities are experiencing dynamic growth. Fleet management software has found extensive use in e-commerce, aiding the optimisation of delivery operations, bolstering efficiency, ensuring precision and timeliness in order fulfilment, and consequently enhancing overall customer satisfaction and bolstering the expansion of online retail. For example, as per a report by the U.S. Census Bureau, a division of the United States Department of Commerce, released in February 2024, the total e-commerce sales in the US for 2023 were estimated at $1,118.7 billion, indicating a 7.6% rise from 2022. E-commerce transactions accounted for 15.4% of total sales in 2023, a rise from 14.7% in 2022. Hence, the exponential growth in e-commerce activities is projected to spur the expansion of the fleet management software market.
Get Your Fleet Management Software Market Report Here:
https://www.thebusinessresearchcompany.com/report/fleet-management-software-global-market-report
What is the future CAGR of the fleet management software market, and how will it impact industry expansion?
In recent times, the market size of fleet management software has seen rapid growth. It is projected to expand from $24.04 billion in 2024 to $28.24 billion in 2025, with a compound annual growth rate (CAGR) of 17.5%. Factors contributing to growth during the historic period include increased demand for autonomous and electric vehicles, real-time tracking, predictive maintenance, spike in mobility-as-a-service (MaaS), and enhanced connectivity.
The market size of fleet management software is anticipated to experience a swift expansion in the upcoming years. The market is estimated to reach a value of $53.16 billion in 2029, with a compound annual growth rate (CAGR) of 17.1%. This progress over the forecasted period is primarily due to the digital transformation of vehicles, issues related to cybersecurity, safety and security measures, regulatory adherence, and evolving customer expectations. Key trends within this forecasted period encompass the use of global positioning systems, mobile communications, monitoring systems for drivers, behavioral analytics, mobile and cloud-based solutions for fleet management, applications of artificial intelligence and machine learning, and the use of Internet of Things (IoT) technologies.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14716&type=smp
What are the emerging trends shaping the future of the fleet management software market?
Top-tier companies in the fleet management software market are prioritizing the creation of innovative technology solutions, such as GPS fleet tracking and dual-facing dashcam systems, to elevate vehicle supervision, escalate fleet productivity, and strengthen safety and regulatory compliance measures. These GPS fleet tracking and dual-facing dashcam solutions present an all-inclusive toolbox for fleet management, pairing live vehicle tracking with video recording abilities. For example, in August 2023, Bridgestone Americas, a US firm specializing in producing and delivering tires, car parts, and industrial goods, introduced Azuga Fleet Management Solutions in the AWS Marketplace. It marked the company's first product offering after entering the AWS Partner Network (APN). Through direct connections using AWS accounts, fleet customers can conveniently explore, assess, purchase, and implement the software, reaping the rewards of simplified billing and deployment processes along with buyer incentives. This strategy corresponds with Bridgestone's E8 Commitment principles of 'Efficiency', 'Extension', and 'Ease', aiming to encourage efficient management procedures and gain the trust of subsequent generations.
Which key market segments comprise the fleet management software market and drive its revenue growth?
The fleet management software market covered in this report is segmented -
1) By Type: Operations Management, Vehicle Maintenance And Diagnostics, Performance Management, Fleet Analytics And Reporting, Other Types
2) By Deployment: On-premises, Cloud
3) By Fleet Type: Commercial, Passenger Cars
4) By End-Users: Manufacturing, Oil And Gas, Transportation And Logistics, Construction, Chemical, Energy And Utilities, Retail, Other End-Users
Subsegments:
1) By Operations Management: Route Planning And Optimization, Dispatch Management, Driver Scheduling And Monitoring
2) By Vehicle Maintenance And Diagnostics: Preventive Maintenance, Diagnostic Tools And Alerts, Maintenance Scheduling And Reporting
3) By Performance Management: Driver Behavior Monitoring, Fuel Management, Fleet Efficiency Tracking
4) By Fleet Analytics And Reporting: Real-Time Fleet Tracking, Data Analytics And Dashboards, Reporting And Compliance Management
5) By Other Types: Asset Management, Inventory Management, Fleet Safety Management
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14716
What regions are at the forefront of fleet management software market expansion?
North America was the largest region in the fleet management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fleet management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the fleet management software market?
Major companies operating in the fleet management software market are AT&T Inc., Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., ZF Friedrichshafen AG, Oracle Corporation, LeasePlan Corporation N.V., Zebra Technologies Corporation, Garmin Ltd., Trimble Inc., FLEETCOR Technologies Inc., Holman Automotive Inc., Element Fleet Management Corp., Verizon Connect, Geotab Inc., TomTom Telematics BV, Omnitracs LLC, Samsara Inc., Teletrac Navman, Orbcomm, Emkay Inc., Wheels Inc., MiX Telematics Ltd., Lytx Inc., Magellan Navigation Inc., Masternaut Limited, Fleetio, GPS Insight, Avrios, Quartix Ltd
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=14716&type=smp
What Is Covered In The Fleet Management Software Global Market Report?
• Market Size Forecast: Examine the fleet management software market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the fleet management software market for a structured understanding.
• Key Players Overview: Analyze major players in the fleet management software market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fleet management software market.
• Segment Contributions: Evaluate how different segments drive overall growth in the fleet management software market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fleet management software market.
• Industry Challenges: Identify potential risks and obstacles affecting the fleet management software market.
• Competitive Landscape: Review strategic developments in the fleet management software market, including expansions, agreements, and new product launches.
Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.
Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Comprehensive Fleet Management Software Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034 here
News-ID: 3910975 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Management
Gym Management Software Market By Functions - Scheduling Appointments, Waitlist …
MarketResearchReports.Biz announces addition of new report "Gym Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database.
Gym management software is a software solution which allows the users to manage the different processes associated with running a gym in an efficient and effective manner. These software solutions are generally multifunctional and can manage all the diverse processes associated with managing a gym…
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will…
Cloud Project Portfolio Management Market Report 2018: Segmentation by Applicati …
Global Cloud Project Portfolio Management market research report provides company profile for CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Prescriptive analytics Market Outlook 2025 focus On: Risk Management, Operation …
A detailed market study on "Global Prescriptive analytics Market" examines the performance of the Prescriptive analytics Market. It encloses an in-depth Research of the Prescriptive analytics Market state and the competitive landscape globally. This report analyzes the potential of Prescriptive analytics Market in the present and the future prospects from various prospective in detail.
Get Free Sample Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-prescriptive-analytics-market
Prescriptive analytics market accounted for USD 1.20 billion growing at a CAGR of…
Facility Management Market Solutions & Services (Real Estate & Lease Management, …
ReportsWeb.com added “Global Facility Management Market to 2025” to its vast collection of research Database. The report classifies the global Facility Management Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth.
Facility Management is an essential part which handles all functions related to enterprise and helps in streaming all the operations with reducing cost. Managing life cycle management of…
Telecom Expense Management Market Analysis For Financial Management, Order Manag …
The telecom expense management (TEM) market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in telecom expense management market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said…
