Fleet Management Market To Observe Beneficial Development By 2023Posted by sagark on February 7th, 2020 Summary Global Fleet Management Market Size, Information Report by Deployment Type (Cloud, On-Premises, Hybrid), by Management type (Driver Management, Asset Management, Operation Management), by Connectivity Type (Satellite Navigation, Cellular System), by Services (Managed Services, Integration and Deployment services, Professional services) and by Regions - Global Forecast To 2023 Fleet Management Market Highlight A recently released new research by Market Research Future predicts that the global Fleet management market size will be fueling up during the forecast period 2016-2023, at a CAGR of 22%, and would gain more valuation as well. The Fleet management report has focused on many vital processes in managing vehicle fleet in an organization. Fleet management stereotypically embraces vehicles such as cars and trucks, commercial and freight aircraft, corporate fleets, buses and trams, and container ships as well. Fleet management is also predominantly being used in various sectors such as chemicals, mining, oil and gas, retail and logistics, waste management construction, public and private transport, utilities, and service sectors. Adding to more, it has been observed that vehicle connectivity and smart transportation are progressively helping organizations with safety operations of the fleets, which is surging the demand for the same and thus, influencing the market at a higher rate. On the other hand, Fleet management also helps in higher efficiency, consistent performances, and ultimately reduced costs, which are yet other factors influencing the market in the foreseeable years. Market Segmentation The segmental analysis of the global fleet management market size is done by deployment type, management, and Connectivity type. In terms of deployment type: The market includes cloud, on-premises, and hybrid. In terms of management type: The market includes asset management, driver management, and operation management. In terms of connectivity Type: The market includes satellite navigation and cellular system. By services managed services type: The market includes integration and deployment services, and professional services. Market Key Players The list of the key players operating in the global fleet management market are Verizon Telematics Inc. (U.S.) WorkWave LLC(U.S.) Fleetmatics Group PLC (U.S.) I.D. Systems, Inc. (U.S) Zonar Systems, Inc. (U.S.) Trimble Inc. (U.S), and Cisco Systems, Inc. (U.S.). Regional Drivers The global fleet management market, regionally, has been studied among the key regions of North America, Europe, Asia Pacific, and the Rest of the World (RoW). Among these, the North American and Europe region can lead the market owing to stringent norms on vehicle emissions and huge innovations being done in the fleet management technology deployment. The Asia-Pacific region can also be the fastest-growing region with an array of opportunities in countries such as China and India. The large scale adoption of web and mobile-based business services in these regions is the key driver for the market in the region. With this, countries such as China and India are prognosticated to accelerate the growth of the market in the upcoming years. Besides, the region has been perceiving the prevalent adoption of web and mobile-based business services, which is mostly responsible for motivating the expansion of the fleet management market size in the forecast period. Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/fleet-management-market-2646 Like it? Share it! More by this author |