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.
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.
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 |
*Provided for top 10 companies. Subject to availability in public domain.
For the scope of report, In-depth segmentation is offered by Forencis Research
Fleet Management Market by Element
Fleet Management Market by Fleet Type
Fleet Management Market by Region
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