Fleet Managements task is a set of duties which is required to keep fleet of vehicles running efficiently. The principal responsibility of any fleet administrator is to comprehend what is really in their fleet at any given time. This will not only just implies that the fleet administrator ought to have a record of all vehicles additionally but also should have in a perfect world that they ought to have a record of all the serial quantities of the different key parts which identify with each of their vehicles. This will stop any false messing with them. It will likewise compose a proper support plan.In the feeling of fleet administration, monitoring a vehicle has two implications. The primary significance is keeping full and an exact record of everything which worries that vehicle, from fuel stops to any upkeep, whether it’s a driver fitting another fan belt out and about in a crisis or a full administration. This is fundamental so peculiarities can be recognized and questioned. The second significance essentially knows where vehicles are. This obligation has been made much simpler since the innovation of GPS and discharging it for open use.
How Big is the Fleet Management Market?
The fleet management market is expected to be around US$ 97 Billion by 2027; Growing at a CAGR of more than 23.50% in the given forecast period.
The major driving factors of fleet management market are as follows:
Falling connectivity and hardware cost
Ecological concerns
Execution of Eld mandate
Require for operational effectiveness
The restraining factors of fleet management market are as follows:
Price sensitivity of fleet possessors
The fleet management market is segmented on the lines of its deployment, solution, service, connectivity, vertical and regional. Based on deployment segmentation it covers hybrid, on premises and cloud. Under solution segmentation it covers driver management, asset management and operation management. The fleet management market is segmented on the lines of its service like managed services, integration and deployment service and managed services. The connectivity segmentation contains cellular system and satellite system. Based on vertical segmentation it covers construction, retail, energy and utilities, transportation and logistics, government and manufacturing. The fleet management markets geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for fleet management and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identify the new market opportunities and targeted promotional plans for fleet management.
4) Discussion of research and development, and the demand for new products and new applications on the data available.
5) Comprehensive company profiles of major players in the industry to explore further possible profits.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Fleet Management with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include AT&T Inc. (U.S.), Verizon Communications (U.S.), Zonar Systems (U.S.), Fleetmatics Group (U.S.), Trimble Navigation Ltd. (U.S.), Telogis (U.S.), ID Systems Inc. (U.S.), Workwave LLC (U.S.), Eresource Infotech Pvt. Ltd. (India), Magellan (U.S.), and CarTrack Technologies Co. Ltd. (SA). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Fleet Management Market has been segmented as below:
By Deployment Type
Hybrid
On premises
Cloud
By Solution Type
Driver management
Asset management
Operation management
By Service Type
Managed services
Integration and deployment service
Managed services
By Connectivity Type
Cellular system
Satellite system
By Vertical Analysis
Construction
Retail
Energy and utilities
Transportation and logistics
Government
Manufacturing
By Regional Analysis
North America
Europe
APAC
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all fleet management globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of fleet management data.
4) Assess your competitor’s refining portfolio and its evolution.
Customization:
We can offer you custom research reports as per client’s special requirements.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions and Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Market By Solution, 2016–2021
4.3 Fleet Management Market: Top Services and Solutions
4.4 Lifecycle Analysis, By Region
4.5 Market Investment Scenario
5 Fleet Management Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 By Deployment
5.3.2 By Solution
5.3.3 By Connectivity Technology
5.3.4 By Service
5.3.5 By Vertical
5.3.6 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Need for Operational Efficiency
5.4.1.2 Implementation of Eld Mandate
5.4.1.3 Environmental Concerns
5.4.1.4 Decreasing Hardware and Connectivity Cost
5.4.1.5 Advantages of Automated Scheduling and Reminders
5.4.2 Restraints
5.4.2.1 Cost Sensitivity of Fleet Owners
5.4.3 Opportunities
5.4.3.1 Growth in Regional Economies
5.4.3.2 Future High-Tech Vehicles
5.4.4 Challenges
5.4.4.1 Driver’s Security and Safety Issues
5.4.4.2 Integration of Fleet Data to Existing Software Systems
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Vendors Ecosystem
6.4 Strategic Benchmarking
7 Fleet Management Market Analysis, By Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On-Premises
7.4 Hybrid
8 Fleet Management Market Analysis, By Solution
8.1 Introduction
8.2 Operation Management
8.2.1 Routing and Navigation
8.2.2 Supply Chain Optimization
8.2.3 Mobile Workforce Management
8.2.4 Analytics
8.3 Asset Management
8.3.1 Vehicle Tracking and Fuel Management
8.3.2 Sensor Monitoring
8.3.3 Vehicle Maintenance and Leasing
8.3.4 Vehicle Security
8.4 Driver Management
8.4.1 Driver Information System
8.4.2 Drive Time Analysis
8.4.3 Insurance Risk Management
9 Fleet Management Market Analysis, By Connectivity Technology
9.1 Introduction
9.2 Satellite Gnss
9.3 Cellular System
10 Fleet Management Market Analysis, By Service
10.1 Introduction
10.2 Professional Services
10.3 Integration and Deployment Services
10.4 Managed Services
11 Fleet Management Market Analysis, By Vertical
11.1 Introduction
11.2 Manufacturing
11.3 Government
11.4 Transportation and Logistics
11.5 Energy and Utilities
11.6 Retail
11.7 Construction
11.8 Others
12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific (APAC)
12.5 Middle East and Africa (MEA)
12.6 Latin America
13 Competitive Landscape
13.1 Overview
13.2 Competitive Situation and Trends
13.2.1 New Product Launches
13.2.2 Partnerships, Agreements, and Collaborations
13.2.3 Mergers and Acquisitions
14 Company Profiles
14.1 Introduction
14.2 AT&T, Inc.
14.3 Cisco Systems, Inc.
14.4 Fleetmatics Group PLC
14.5 IBM Corporation
14.6 Verizon Communications, Inc.
14.7 I.D. Systems, Inc.
14.8 Trimble Navigation Limited
14.9 Telogis
14.10 Zonar Systems
14.11 Workwave LLC
The Fleet Management Market has been segmented as below:
By Deployment Type
Hybrid
On premises
Cloud
By Solution Type
Driver management
Asset management
Operation management
By Service Type
Managed services
Integration and deployment service
Managed services
By Connectivity Type
Cellular system
Satellite system
By Vertical Analysis
Construction
Retail
Energy and utilities
Transportation and logistics
Government
Manufacturing
By Regional Analysis
North America
Europe
APAC
Rest of the World
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