Fleet Management Software Market- Forecast(2018 - 2023)
Posted by Venkatesh on September 4th, 2018
According to the new market research report by IndustryARC titled “Fleet Management Software Market By Deployment Type (Cloud, On Premise); By Solution (Operation, Asset, Driver Management, Vehicle Maintenance & Leasing, and Driver Information System); By Vertical (Manufacturing, Government) & By Region - Forecast(2018 – 2023) ,” the market will be driven by the growing radio cab business and the need for them to improve their operational efficiencies.
North America to Dominate the Fleet Management Market
North America will dominate the Fleet Management Software Market in the forecast period. This is due to the use of the fleet management technologies, especially for the commercial vehicles in the region. Developed economies such as US and Canada have advanced forms of technology. Government regulations, policies, and the mandates for fleet tracking software applications will drive the growth of North American region. Asia Pacific will be the highest growing region due to the growth of the cab industry in countries such as India and China. These countries have web and mobile based business applications.
Selected Regulatory Analysis Done in the Full Report:
The operations management solution will have the largest share in the Fleet Management Software Market in the forecast period. This is due to the required functionalities, such as location tracking, which gives the real time location of the vehicle. The management services segment will have the fastest growth during the forecast period due to the growing use of outsourced managed services. Integrated facility management and consultancy are the managed services that are needed by the fleet operators to update the software in the fleet management system.
Selected Driving Factors Mentioned in the Full Report
Growing demand for logistics and support drive the growth of the GPS fleet tracking software in the forecast period.
The need to streamline the operations for greater connectivity will spur the demand for the fleet tracking.
Connected vehicles and smart transportation solutions by different organisations provide opportunities for the Fleet management software market.
Adoption of cloud computing in fleet will elevate the growth of the fleet management software market.
Key Players of the Fleet Management Software Market
The Fleet Management Software Market is Segmented as Indicated Below:
The need to reduce the hardware cost for performing fleet management drives the growth of the fleet management software market.
A. Fleet Management Software Market By Deployment Type
B. Fleet Management Software Market By Solution
C. Fleet Management Software Market By Vertical
D. Fleet Management Software Market By Geography (17+ countries)
More than 10 companies are profiled in this report
G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Fleet Management Software Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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