Fleet Management Market by Element (Solutions, Services), by Fleet Type (Commercial Fleet, Passenger Cars) And by Region (APAC, North America, Europe, Middle East & Africa, South America) – Global Forecast From 2019 To 2024
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- August 27, 2019
Fleet Management Market: Summary
The global fleet management market is estimated to grow from USD 15.9 Billion in 2019 to USD 32.5 Billion in 2024 at a CAGR of 15.4%. The factors responsible for the growth of the fleet management market include increasing focus on operational efficiency and supportive governmental regulations. Other supportive factors include significant growth in fleet management solutions owing to declining IoT connectivity costs and increasing emphasis on cloud computing and data analytics. The market is expected to register a healthy growth rate during the forecast period.
Fleet Management Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the Global Fleet Management market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. The primary types/elements of Global Fleet Management that are covered in the report include by Solutions and by Services. For opportunity analysis, the end-users/application that are covered in the report are Commercial Fleets and Passenger Cars. The regional analysis is covered under five major regions such as North America, South America, Europe, APAC, and the Middle East and Africa, with individual country-level analysis.
Fleet Management Market: Report Scope
The report on the Fleet Management Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market synopsis, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
| Report Features | Specifics |
|---|---|
| Historical/Estimated/Forecasted Market Size Years | 2017-2024 |
| Base Year for Market Calculation | 2018 |
| Forecasted Period | 2019-2024 (2019 estimated year, forecasted up to 2024) |
| Measured Units | Value (USD Million) |
| Segments Included | Element, Fleet Type, and Region |
| Regional Coverage | APAC, North America, Europe, Middle East & Africa, South America |
Companies Covered
- Geotab (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)*
- Donlen Corporation
- Automotive Rentals Inc.
- Inseego Corp
- Teletrac Navman
- Omnitracs
- Trimble
- Verizon Connect
- Wheels, Inc.
- Mix Telematics
- Other Key Companies
Fleet Management Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Fleet Management Market by Element
- Solutions
- Operations Management
- Tracking and Geofencing
- Routing and Scheduling
- Fleet Maintenance and Diagnostics
- Performance Management
- Driver Management
- Fuel Management
- Fleet Analytics
- Others
- Operations Management
- Services
- Professional Services
- Consulting
- Operation
- Support & Maintenance
- Professional Services
Fleet Management Market by Fleet Type
- Commercial Fleet
- Passenger Cars
Fleet Management Market by Region
- APAC
- China
- Japan
- South Korea
- India
- Indonesia
- Rest of APAC
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Turkey
- Russia
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
Key Questions answered by the report
- What are the major developments impacting the Fleet Management Market and its growth?
- What will be the effects of the developments in the Fleet Management Market on the industry and on the market players in the near and far future?
- What are the evolving Types of the Fleet Management Market?
- What are the evolving Applications of Fleet Management Market?
- What are the major characteristics that will affect the Fleet Management Market growth during the study period?
- Who are the key players operating in the Fleet Management Market?
- How are the major players leveraging in the existing market conditions?
Report Audience
- Fleet Management Market Providers
- Fleet Management Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of varied segments of Fleet Management Market
- Government bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FLEET MANAGEMENT MARKET STUDY
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET SYNOPSIS
4.1 Introduction
4.2 Drivers
4.2.1. Increasing Focus on Operational Efficiency
4.2.2. Supportive Government Regulations
4.2.3. Increasing Emphasis on Cloud Computing and Data Analytics
4.2.4. Significant Growth in Fleet Management Solutions owing to declining IoT Connectivity Costs
4.3 Restraints
4.3.1. Impact of Recalls
4.3.2. Volatility of Fuel Costs
4.4 Opportunities
4.4.1. Increasing Emphasis on Green Fleet Initiatives
4.4.2. Introduction of Autonomous Fleet
4.5 Challenges
4.5.1. Issues related to Geocoding
4.5.2. Rapid Growth in Data Volumes
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL FLEET MANAGEMENT MARKET BY ELEMENT, Market Size in USD Million (2017—2024)
6.1 Introduction
6.2 Solutions
6.2.1. Operations Management
6.2.1.1 Tracking and Geofencing
6.2.1.2 Routing and Scheduling
6.2.2. Fleet Maintenance and Diagnostics
6.2.3. Performance Management
6.2.3.1 Driver Management
6.2.3.2 Fuel Management
6.2.4. Fleet Analytics
6.2.5. Others
6.3 Services
6.3.1. Professional Services
6.3.1.1 Consulting
6.3.1.2 Operation
6.3.1.3 Support & Maintenance
7 GLOBAL FLEET MANAGEMENT MARKET BY FLEET TYPE, Market Size in USD Million (2017—2024)
7.1 Introduction
7.2 Commercial Fleets
7.3 Passenger Cars
8 GLOBAL FLEET MANAGEMENT MARKET BY REGION, Market Size in USD Million (2017—2024)
8.1 APAC
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Indonesia
8.1.6. Rest of APAC
8.2 North America
8.2.1. US
8.2.2. Canada
8.2.3. Mexico
8.3 Europe
8.3.1. Germany
8.3.2. France
8.3.3. Italy
8.3.4. Turkey
8.3.5. Russia
8.3.6. Rest of Europe
8.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East & Africa
8.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Market Ranking/Share Analysis of Key Companies
9.3 Key Market Developments
10 COMPANY PROFILES
10.1 Geotab
10.1.1. Company Description
10.1.2. Company Overview
10.1.3. Product Synopsis
10.1.4. Key Developments
10.1.5. SWOT Analysis
10.2 Donlen Corporation
10.3 Automotive Rentals Inc.
10.4 Inseego Corp
10.5 Teletrac Navman
10.6 Omnitracs
10.7 Trimble
10.8 Verizon Connect
10.9 Wheels, Inc.
10.10 Mix Telematics
10.11 Other Key Companies
11 APPENDIX
11.1 Key Industry Expert Insights
11.2 Primary Discussion Guide
11.3 Customization Options
Note: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FLEET MANAGEMENT MARKET STUDY
Research Design
Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications. 
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”. 
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Report Code
AT 017
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Key Questions Answered by the Report
- Major factors impacting the market and its growth
- Evolving Types of the various products in the Market
- Evolving Application of the various products in the Market
- Growing countries in the Global Market
- Effects of the developments in the market on the industry and on the market players
- Key market developments undertaken by the leading players
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