Sep 22, 2020 6:54 AM ET
iCrowd Newswire – Sep 22, 2020

The ‘ Fleet management market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Fleet management derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Fleet management market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

 Global Fleet management Market is valued approximately at USD 6.15 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 20% over the forecast period 2020-2026. 

Fleet management facilitates enterprises to maintain and track their vehicles, such as vehicle maintenance, vehicle financing, vehicle telematics, speed management, driver management, health and safety management and fuel management. Growing international trades, adoption of wireless technology along with obligatory integration of ELD(Electronic Logging Device), need of operational competency in fleet management are the key driving forces that fuel the growth of the fleet management market worldwide. Considerable increase in number of accidents worldwide has become a vital matter to be managed by the fleet owners. As per the WHO report 2018, the number of road traffic deaths causes about 1.35 million deaths per year worldwide. This annual death rate is estimated to be reduced with the adoption of fleet management software, as fleet management systems encourage better driving behavior and constantly send feedback signifying the driving style, with alerts. Corporations are embracing this solution, as it offers them lowers maintenance costs, fuel savings, and makes them feel safe about the management of the automobile and customers. Furthermore, increased demand for logistics and transport worldwide is likely to create significant growth opportunity in the market over the forecast period. However, cost sensitivity and strict compliance standards impedes the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Fleet management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to several industries adopting fleet management solutions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as  surge in transport facilities in developing countries such as China, Japan and India and stringent safety regulations, would create lucrative growth prospects for the Fleet management market across Asia-Pacific region.

Major market player included in this report are:

 Cisco Systems Inc.

Ctrack (Inseego Corp)

I.D. Systems

IBM Corporation

Astrata Group

Mix Telematics Limited

Omnitracs LLC

Tomtom NV

Trimble Navigation Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment Model:




By Solutions:

Driver Management

Information Management

Operation Management

Safety and Compliance Management

Risk Management

Asset Management


By End User:





Other End Users 

Target Audience of the Global Fleet management Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers


A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning

Key Segments Studied in the Global Fleet management Market

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Changing Forecasts in a Time of Crisis: explores key issues, including:

  • The heavy economic impacts of social distancing measures
  • Future changes in consumer behavior
  • The urgent need for high-frequency economic data
  • Mapping Out a Potential Recovery
  • Business Strategies During COVID-19
  • Near & Long Term Risk Outlook, Risk Assessment and Opportunities

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

  • Market size and growth rate during forecast period.
  • Key factors driving the Market.
  • Key market trends cracking up the growth of the Market.
  • Challenges to market growth.
  • Key vendors of Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.
  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is market chain analysis by upstream raw materials and downstream industry?
  • What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
  • What were capacity, production value, cost and profit?
  • Who are the global key players in this industry? What are their company profile, their product information, and contact information?
  • Which manufacturing technology is used, what are their company profile, their product information, and contact information?

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Key Points Covered in Fleet management Market Report: COVID 19 Impact Analysis

Chapter 1.      Executive Summary

1.1.       Market Snapshot

1.2.      Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1.   Fleet management Market, by Region, 2018-2026 (USD Billion)

1.2.2.   Fleet management Market, by Deployment Model, 2018-2026 (USD Billion)

1.2.3.   Fleet management Market, by Solutions, 2018-2026 (USD Billion)

1.2.4.   Fleet management Market, by End User, 2018-2026 (USD Billion)

1.3.      Key Trends

1.4.      Estimation Methodology

1.5.      Research Assumption

Chapter 2.      Global Fleet management Market Definition and Scope

2.1.      Objective of the Study

2.2.      Market Definition & Scope

2.2.1.   Scope of the Study

2.2.2.  Industry Evolution

2.3.      Years Considered for the Study

2.4.      Currency Conversion Rates

Chapter 3.      Global Fleet management Market Dynamics

3.1.      Fleet management Market Impact Analysis (2018-2026)

3.1.1.   Market Drivers

3.1.2.   Market Challenges

3.1.3.   Market Opportunities

Chapter 4.      Global Fleet management Market: Industry Analysis

4.1.      Porter’s 5 Force Model

4.1.1.   Bargaining Power of Suppliers

4.1.2.   Bargaining Power of Buyers

4.1.3.   Threat of New Entrants

4.1.4.   Threat of Substitutes

4.1.5.   Competitive Rivalry

4.1.6.   Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2.      PEST Analysis

4.2.1.   Political

4.2.2.  Economical

4.2.3.  Social

4.2.4.  Technological

4.3.      Investment Adoption Model

4.4.      Analyst Recommendation & Conclusion

Chapter 5.      Global Fleet management Market, by Deployment Model

5.1.      Market Snapshot

5.2.      Global Fleet management Market by Deployment Model, Performance – Potential Analysis

5.3.      Global Fleet management Market Estimates & Forecasts by Deployment Model 2016-2026 (USD Billion)

5.4.      Fleet management Market, Sub Segment Analysis

5.4.1.     Cloud

5.4.2.   On-premise

5.4.3.   Hybrid

Chapter 6.      Global Fleet management Market, by Solutions

6.1.      Market Snapshot

6.2.      Global Fleet management Market by Solutions, Performance – Potential Analysis

6.3.      Global Fleet management Market Estimates & Forecasts by Solutions 2016-2026 (USD Billion)

6.4.      Fleet management Market, Sub Segment Analysis

6.4.1.      Driver Management

6.4.2.  Information Management

6.4.3.  Operation Management

6.4.4.  Safety and Compliance Management

6.4.5.     Risk Management

6.4.6.  Asset Management

6.4.7.   Others

Chapter 7.      Global Fleet management Market, by End User

7.1.      Market Snapshot

7.2.      Global Fleet management Market by Solutions, Performance – Potential Analysis

7.3.      Global Fleet management Market Estimates & Forecasts by Solutions 2016-2026 (USD Billion)

7.4.      Fleet management Market, Sub Segment Analysis

7.4.1.      Construction

7.4.2.   Energy

7.4.3.   Transportation

7.4.4.   Manufacturing

7.4.5.     Other End Users

Chapter 8.     Global Fleet management Market, Regional Analysis

8.1.      Fleet management Market, Regional Market Snapshot

8.2.     North America Fleet management Market

8.2.1.   U.S. Fleet management Market            Deployment Model breakdown estimates & forecasts, 2016-2026           Solutions breakdown estimates & forecasts, 2016-2026           End User breakdown estimates & forecasts, 2016-2026

8.2.2.  Canada Fleet management Market

8.3.     Europe Fleet management Market Snapshot

8.3.1.   U.K. Fleet management Market

8.3.2.  Germany Fleet management Market

8.3.3.  Rest of Europe Fleet management Market

8.4.     Asia-Pacific Fleet management Market Snapshot

8.4.1.   China Fleet management Market

8.4.2.  India Fleet management Market

8.4.3.  Japan Fleet management Market

8.4.4.  Rest of Asia Pacific Fleet management Market

8.5.      Latin America Fleet management Market Snapshot

8.5.1.   Brazil Fleet management Market

8.5.2.  Mexico Fleet management Market

8.6.     Rest of The World Fleet Management Market

Chapter 9.      Competitive Intelligence

9.1.      Top Market Strategies

9.2.      Company Profiles

9.2.1.       Cisco Systems Inc.            Key Information            Overview            Financial (Subject to Data Availability)            Product Summary            Recent Developments

9.2.2.  AT&T Inc.

9.2.3.  Ctrack (Inseego Corp)

9.2.4.  I.D. Systems

9.2.5.   IBM Corporation

9.2.6.  Astrata Group

9.2.7.   Mix Telematics Limited

9.2.8.  Omnitracs LLC

9.2.9.  Tomtom NV

9.2.10.            Trimble Navigation Limited

Chapter 10.    Research Process

10.1.    Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2.    Research Attributes

10.3.    Research Assumption


……..and view more in complete table of Contents

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