Fleet Management Market Competitive Dynamics & Global Outlook 2024

Posted by Somesh on December 18th, 2019

The Global Fleet Management Market is estimated to grow from USD 15.9 Billion in 2019 to USD 32.5 Billion in 2024 at a CAGR of 15.4%. The factors responsible for the growth of the fleet management market include increasing focus on operational efficiency and supportive governmental regulations. Other supportive factors include significant growth in fleet management solutions owing to declining IoT connectivity costs and increasing emphasis on cloud computing and data analytics. The market is expected to register a healthy growth rate during the forecast period.

Fleet Management Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the Global Fleet Management market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. The primary types/elements of Global Fleet Management that are covered in the report include by Solutions and by Services. For opportunity analysis, the end-users/application that are covered in the report are Commercial Fleets and Passenger Cars. The regional analysis is covered under five major regions such as North America, South America, Europe, APAC, and the Middle East and Africa, with individual country-level analysis.

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Fleet Management Market: Report Scope

The report on the Fleet Management Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market synopsis, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Companies Covered

• Geotab (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) *
• Donlen Corporation
• Automotive Rentals Inc.
• Inseego Corp
• Teletrac Navman
• Omnitracs
• Trimble
• Verizon Connect
• Wheels, Inc.
• Mix Telematics
• Other Key Companies

Fleet Management Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Fleet Management Market by Element

Solutions

Operations Management

• Tracking and Geofencing
• Routing and Scheduling

Fleet Maintenance and Diagnostics

Performance Management

• Driver Management
• Fuel Management

Fleet Analytics

Others

Services

Professional Services

• Consulting
• Operation
• Support & Maintenance

Fleet Management Market by Fleet Type

• Commercial Fleet
• Passenger Cars

Fleet Management Market by Region

APAC

• China
• Japan
• South Korea
• India
• Indonesia
• Rest of APAC

North America

• US
• Canada
• Mexico

Europe

• Germany
• France
• Italy
• Turkey
• Russia
• Rest of Europe

Middle East and Africa

• Saudi Arabia
• UAE
• Rest of Middle East & Africa

South America

• Brazil
• Argentina
• Rest of South America

Key Questions answered by the report

• What are the major developments impacting the Fleet Management Market and its growth?
• What will be the effects of the developments in the Fleet Management Market on the industry and on the market players in the near and far future?
• What are the evolving Types of the Fleet Management Market?
• What are the evolving Applications of Fleet Management Market?
• What are the major characteristics that will affect the Fleet Management Market growth during the study period?
• Who are the key players operating in the Fleet Management Market?
• How are the major players leveraging in the existing market conditions?

Report Audience

• Fleet Management Market Providers
• Fleet Management Market Solution and Services Suppliers, Distributors and Dealers
• End-Users of varied segments of Fleet Management Market
• Government bodies and Intellectual Institutions
• Associations and Industrial Organizations
• Research & Consulting Service Providers
• Research & Development Organizations
• Investment Banks & Private Equity Firms

Table of Contents

1              INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2              RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

2.2.1    Key Industry Expert Insight

2.3       Secondary Research

2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3              EXECUTIVE SUMMARY

4              MARKET SYNOPSIS

4.1       Introduction

4.2       Drivers

4.2.1.    Increasing Focus on Operational Efficiency

4.2.2.    Supportive Government Regulations

4.2.3.    Increasing Emphasis on Cloud Computing and Data Analytics

4.2.4.    Significant Growth in Fleet Management Solutions owing to declining IoT Connectivity Costs

4.3       Restraints

4.3.1.    Impact of Recalls

4.3.2.    Volatility of Fuel Costs

4.4       Opportunities

4.4.1.    Increasing Emphasis on Green Fleet Initiatives

4.4.2.    Introduction of Autonomous Fleet

4.5       Challenges

4.5.1.    Issues related to Geocoding

4.5.2.    Rapid Growth in Data Volumes

5              INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

5.1.1.    Power of Buyers

5.1.2.    Power of Suppliers

5.1.3.    Intensity of Competition

5.1.4.    Challenges of Substitutes

5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6              GLOBAL FLEET MANAGEMENT MARKET BY ELEMENT, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Solutions

6.2.1.    Operations Management

6.2.1.1   Tracking and Geofencing

6.2.1.2   Routing and Scheduling

6.2.2.    Fleet Maintenance and Diagnostics

6.2.3.    Performance Management

6.2.3.1   Driver Management

6.2.3.2   Fuel Management

6.2.4.    Fleet Analytics

6.2.5.    Others

6.3       Services

6.3.1.    Professional Services

6.3.1.1   Consulting

6.3.1.2   Operation

6.3.1.3   Support & Maintenance

7              GLOBAL FLEET MANAGEMENT MARKET BY FLEET TYPE, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       Commercial Fleets

7.3       Passenger Cars

8              GLOBAL FLEET MANAGEMENT MARKET BY REGION, Market Size in USD Million (2017—2024)

8.1       APAC

8.1.1.    China

8.1.2.    Japan

8.1.3.    South Korea

8.1.4.    India

8.1.5.    Indonesia

8.1.6.    Rest of APAC

8.2       North America

8.2.1.    US

8.2.2.    Canada

8.2.3.    Mexico

8.3       Europe

8.3.1.    Germany

8.3.2.    France

8.3.3.    Italy

8.3.4.    Turkey

8.3.5.    Russia

8.3.6.    Rest of Europe

8.4       Middle East & Africa

8.4.1.    Saudi Arabia

8.4.2.    UAE

8.4.3.    Rest of Middle East & Africa

8.5       South America

8.5.1.    Brazil

8.5.2.    Argentina

8.5.3.    Rest of South America

9              COMPETITIVE LANDSCAPE

9.1       Introduction

9.2       Market Ranking/Share Analysis of Key Companies

9.3       Key Market Developments

10           COMPANY PROFILES

10.1     Geotab

10.1.1.    Company Description

10.1.2.    Company Overview

10.1.3.    Product Synopsis

10.1.4.    Key Developments

10.1.5.    SWOT Analysis

10.2     Donlen Corporation

10.3     Automotive Rentals Inc.

10.4     Inseego Corp

10.5     Teletrac Navman

10.6     Omnitracs

10.7     Trimble

10.8     Verizon Connect

10.9     Wheels, Inc.

10.10  Mix Telematics

10.11  Other Key Companies

11           APPENDIX

11.1     Key Industry Expert Insights

11.2     Primary Discussion Guide

11.3     Customization Options

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