Press Release

According to a new market study entitled “Fleet Management Market to 2027 – Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, “explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors this growth and also highlights the major players in the market and their developments.

The report also includes the profiles of key Fleet Management companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key developments in the past five years.

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Top Key Players: Azuga, Chevin Fleet Solutions, Geotab, GPS Insight, Masternaut, MiX Telematics, NexTraq, Omnitracs, Teletrac Navman, Verizon

Fleet Management is a management of commercial motor vehicles such as cars, vans, trucks, specialist vehicles that allows companies  to minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation and staff costs along with vehicle financing maintenance and telematics,driver,speed and fuel management and health and safety management.

Reason to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Fleet Management market
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Fleet Management market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The fleet management market is heavily influenced by driving factors such as growth in wireless technology, compulsion of ELD implementation, need of operational competency and increase in international trades are the significant factors that boost the market growth. However, the lack of network infrastructure, the complexity of deployment and high initial capital requirements are impacting negatively on the growth of the market in the current market scenario.

The report analyzes factors affecting Fleet Management market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the Fleet Management market in these regions.

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Table of Contents:

  1. Introduction
  2. Key Takeaways
  3. Research Methodology
  4. Fleet Management Market Landscape
  5. Fleet Management Market – Key Market Dynamics
  6. Fleet Management Market – Global Market Analysis
  7. Fleet Management Market – Revenue and Forecasts to 2027 – Product Type
  8. Fleet Management Market – Revenue and Forecasts to 2027 – Application
  9. Fleet Management Market – Revenue and Forecasts to 2027 – Compound
  10. Fleet Management Market Revenue and Forecasts to 2027 – Geographical Analysis
  11. Industry Landscape
  12. Fleet Management Market, Key Company Profiles
  13. Appendix

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