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.
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.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted |
2017-2024 |
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Base Year for Market |
2018 |
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Forecasted Period |
2019-2024 (2019 estimated |
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Measured Units |
Value (USD Million) |
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Segments Included |
Element, Fleet Type, and |
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Regional Coverage |
APAC, North America, Europe, |
*Provided for top 10 companies. Subject to availability in public domain.
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