Smart Fleet Management Market Global Size, Share, Trends Forecast To 2023

Posted by Abhijeet Bendre on June 12th, 2018

Smart Fleet Management Market 2018 - Global Forecast to 2023, research report added by “Market Research Future”, Smart Fleet Management Market shows rapid growth for the forecast period of 2018 to 2023. Global Smart Fleet Management Market is segmented by Transportation (Automotive, Rolling Stock, Marine), by Hardware (Tracking, Optimization, ADAS, and Diagnostic), by Solution (Tracking and Optimization), and by Regions in this report.

Global Smart Fleet Management Market Overview:

Smart Fleet Management Market growth boosted by factors such as rising demand for connectivity and government regulations are expected to augment the smart fleet management market. Reduction of both, transportation cost and operating cost has come forth as a major trend in the automotive industry, which encourages the players in the smart fleet management market.        

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Smart Fleet Management Market Key Companies Studied In This Research Report Are:

Harman International Industries, Inc., Robert Bosch GmbH., Siemens AG, Denso Corporation, IBM Corporation, Continental AG, Cisco Systems, Inc., Sierra Wireless, Inc., Calamp Corp., OTTO Marine Ltd., Precious Shipping Co. Ltd., and Globecomm Systems, Inc.

Market Segmentation:

Smart Fleet Management Market is segmentedby Transportation (Automotive, Rolling Stock, Marine), by Hardware (Tracking, Optimization, ADAS, and Diagnostic), by Solution (Tracking and Optimization), and by Regions.

Geographic Analysis:

The Asia Pacific region is expected to provide lucrative opportunities to layers in the smart fleet management market. Stringent government regulations, combined with improving transportation facilities and infrastructure are expected to aid the growth of the smart fleet management market in this region. Government authorities in countries such as India and China encourage original equipment manufacturers to implement such systems in vehicles, mainly to enhance driver safety. The market for smart fleet management is expected to thrive in this region.  Additionally, improving socio-economic conditions in countries such as India, Thailand, and Indonesia have resulted in the growth of demand for premium segment fleets, which positively impacts the market growth during the forecast period.

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