Fleet Management Market Size, Share & Forecast

Market Research Report

A quick peek into the report

1.1   Global Market Outlook
1.1.1   Fleet Management Trends
1.1.1.1   Successful Transport Companies Becoming Increasingly Data-Driven
1.1.1.2   Moving Toward Privately Owned Vehicles
1.1.1.3   Uncertain Fuel Costs
1.1.1.4   Keeping Fleets Relevant Requires the Adoption of Electric Vehicles
1.1.2   Supply Chain Analysis
1.1.3   Key Patents Mapping
1.1.4   Regulatory Landscape
1.1.4.1   U.S. Fleet Management Laws
1.1.4.1.1   Vehicle Tracking Laws
1.1.4.1.1.1   ELD Rule
1.1.4.1.1.2   ELD Compliance Deadline
1.1.4.1.2   Impact of Fleet Management Laws on the U.S. Fleet Management Market
1.1.4.2   Germany Fleet Management Laws
1.1.4.2.1   DGUV (German Social Accident Insurance) Regulation
1.1.4.2.2   Impact of Fleet Management Laws on the Germany Fleet Management Market
1.1.4.3   France Fleet Management Laws
1.1.4.3.1   WLTP Effect
1.1.4.3.2   Impact of Fleet Management Laws on the France Fleet Management Market
1.1.4.4   Australia Fleet Management Laws
1.1.4.4.1   Heavy Vehicle National Law
1.1.4.4.2   Impact of Fleet Management Laws on the Australia Fleet Management Market
1.1.5   Business Model
1.1.5.1   Subscription Model
1.2   Business Dynamics
1.2.1   Business Drivers
1.2.1.1   Growing Number of Vehicle and Asset Thefts
1.2.1.2   Increase in Road Accidents
1.2.1.3   Volatility in Fuel Prices
1.2.1.4   Augmented Demand for Fleet Management Solutions from Transportation and Logistics Industry
1.2.2   Business Challenges
1.2.2.1   Connecting Information Together from a Variety of Sources
1.2.2.2   Risk of Cyber Attacks
1.2.3   Business Strategies
1.2.3.1   Product Developments
1.2.3.2   Market Developments
1.2.4   Corporate Strategies
1.2.4.1   Mergers and Acquisitions
1.2.4.2   Partnerships, Joint Ventures, Collaborations, and Alliances
1.2.5   Business Opportunities
1.2.5.1   Surging Demand for Connected and Autonomous Vehicles
1.2.5.2   Emergence of the Internet of Things (IoT)

2.1   Global Fleet Management Market (by Application)
2.1.1   Application Type
2.1.1.1   Real-Time Location Monitoring
2.1.1.2   Fuel Management
2.1.1.3   Maintenance Management
2.1.1.4   Driver Management
2.1.1.5   Weight/Volume Tracking
2.1.1.6   Accounting and Insurance
2.1.2   Commercial Vehicle Type
2.1.2.1   Light Commercial Vehicles
2.1.2.2   Heavy Commercial Vehicles
2.1.2.2.1   Heavy Trucks
2.1.2.2.2   Heavy Buses
2.2   Demand Analysis of Fleet Management Market, Value Data
2.2.1   Demand Analysis of Fleet Management Market (by Application Type), Value Data
2.2.1.1   Real-Time Location Monitoring
2.2.1.2   Fuel Management
2.2.1.3   Maintenance Management
2.2.1.4   Driver Management
2.2.1.5   Weight/Volume Tracking
2.2.1.6   Accounting and Insurance
2.2.2   Demand Analysis of Fleet Management Market (by Commercial Vehicle Type), Value Data
2.2.2.1   Light Commercial Vehicles
2.2.2.2   Heavy Commercial Vehicles

3.1   Global Fleet Management Market (by Product)
3.1.1   Component
3.1.1.1   Hardware
3.1.1.1.1   IoT Module
3.1.1.1.2   SIM
3.1.1.1.3   Sensors
3.1.1.1.4   Others
3.1.1.2   Software
3.1.1.3   Service
3.1.2   Deployment
3.1.2.1   On-Premises
3.1.2.2   Cloud
3.2   Demand Analysis of Fleet Management Market, Value Data
3.2.1   Demand Analysis of Fleet Management Market (by Component), Value Data
3.2.1.1   Software
3.2.1.2   Hardware
3.2.1.3   Service
3.2.2   Demand Analysis of Fleet Management Market (by Deployment), Value Data
3.2.2.1   On-Premises
3.2.2.2   Cloud
3.3   Product Benchmarking: Growth Rate – Market Share Matrix
3.3.1   Opportunity Matrix (by Region)
3.3.2   Opportunity Matrix (by Component)
3.3.3   Opportunity Matrix (by Deployment)

4.1   North America
4.1.1   Markets
4.1.1.1   Buyers Attributes
4.1.1.2   Key Fleet Management System Providers in North America
4.1.1.3   Competitive Benchmarking
4.1.1.4   Business Challenges
4.1.1.5   Business Drivers
4.1.2   Application
4.1.2.1   North America Fleet Management Market (by Application Type), Value Data
4.1.2.2   North America Fleet Management Market (by Commercial Vehicle Type), Value Data
4.1.3   Product
4.1.3.1   North America Fleet Management Market (by Component), Value Data
4.1.3.2   North America Fleet Management Market (by Deployment), Value Data
4.1.4   North America (by Country)
4.1.4.1   U.S.
4.1.4.1.1   Market
4.1.4.1.1.1   Buyers Attributes
4.1.4.1.1.2   Key Fleet Management System Providers in the U.S.
4.1.4.1.1.3   Business Challenges
4.1.4.1.1.4   Business Drivers
4.1.4.1.2   Application
4.1.4.1.2.1   U.S. Fleet Management Market (by Application Type), Value Data
4.1.4.1.2.2   U.S. Fleet Management Market (by Commercial Vehicle Type), Value Data
4.1.4.1.3   Product
4.1.4.1.3.1   U.S. Fleet Management Market (by Component), Value Data
4.1.4.1.3.2   U.S. Fleet Management Market (by Deployment), Value Data
4.1.4.2   Canada
4.1.4.2.1   Market
4.1.4.2.1.1   Buyers Attributes
4.1.4.2.1.2   Key Fleet Management System Providers in Canada
4.1.4.2.1.3   Business Challenges
4.1.4.2.1.4   Business Drivers
4.1.4.2.2   Application
4.1.4.2.2.1   Canada Fleet Management Market (by Application Type), Value Data
4.1.4.2.2.2   Canada Fleet Management Market (by Commercial Vehicle Type), Value Data
4.1.4.2.3   Product
4.1.4.2.3.1   Canada Fleet Management Market (by Component), Value Data
4.1.4.2.3.2   Canada Fleet Management Market (by Deployment), Value Data
4.1.4.3   Mexico
4.1.4.3.1   Market
4.1.4.3.1.1   Buyers Attributes
4.1.4.3.1.2   Key Fleet Management System Providers in Mexico
4.1.4.3.1.3   Business Challenges
4.1.4.3.1.4   Business Drivers
4.1.4.3.2   Application
4.1.4.3.2.1   Mexico Fleet Management Market (by Application Type), Value Data
4.1.4.3.2.2   Mexico Fleet Management Market (by Commercial Vehicle Type), Value Data
4.1.4.3.3   Product
4.1.4.3.3.1   Mexico Fleet Management Market (by Component), Value Data
4.1.4.3.3.2   Mexico Fleet Management Market (by Deployment), Value Data
4.2   Europe
4.2.1   Market
4.2.1.1   Buyers Attributes
4.2.1.2   Competitive Benchmarking
4.2.1.3   Key Fleet Management System Providers in Europe
4.2.1.4   Business Challenges
4.2.1.5   Business Drivers
4.2.2   Application
4.2.2.1   Europe Fleet Management Market (by Application Type), Value Data
4.2.2.2   Europe Fleet Management Market (by Commercial Vehicle Type), Value Data
4.2.3   Product
4.2.3.1   Europe Fleet Management Market (by Component), Value Data
4.2.3.2   Europe Fleet Management Market (by Deployment), Value Data
4.2.4   Europe (by Country)
4.2.4.1   Italy
4.2.4.1.1   Market
4.2.4.1.1.1   Buyers Attributes
4.2.4.1.1.2   Key Fleet Management System Providers in Italy
4.2.4.1.1.3   Business Challenges
4.2.4.1.1.4   Business Drivers
4.2.4.1.2   Application
4.2.4.1.2.1   Italy Fleet Management Market (by Application Type), Value Data
4.2.4.1.2.2   Italy Fleet Management Market (by Commercial Vehicle Type), Value Data
4.2.4.1.3   Product
4.2.4.1.3.1   Italy Fleet Management Market (by Component), Value Data
4.2.4.1.3.2   Italy Fleet Management Market (by Deployment), Value Data
4.2.4.2   France
4.2.4.2.1   Market
4.2.4.2.1.1   Buyers Attributes
4.2.4.2.1.2   Key Fleet Management System Providers in France
4.2.4.2.1.3   Business Challenges
4.2.4.2.1.4   Business Drivers
4.2.4.2.2   Application
4.2.4.2.2.1   France Fleet Management Market (by Application Type), Value Data
4.2.4.2.2.2   France Fleet Management Market (by Commercial Vehicle Type), Value Data
4.2.4.2.3   Product
4.2.4.2.3.1   France Fleet Management Market (by Component), Value Data
4.2.4.2.3.2   France Fleet Management Market (by Deployment), Value Data
4.2.4.3   Germany
4.2.4.3.1   Market
4.2.4.3.1.1   Buyers Attributes
4.2.4.3.1.2   Key Fleet Management System Providers in Germany
4.2.4.3.1.3   Business Challenges
4.2.4.3.1.4   Business Drivers
4.2.4.3.2   Application
4.2.4.3.2.1   Germany Fleet Management Market (by Application Type), Value Data
4.2.4.3.2.2   Germany Fleet Management Market (by Commercial Vehicle Type), Value Data
4.2.4.3.3   Product
4.2.4.3.3.1   Germany Fleet Management Market (by Component), Value Data
4.2.4.3.3.2   Germany Fleet Management Market (by Deployment), Value Data
4.2.4.4   Spain
4.2.4.4.1   Market
4.2.4.4.1.1   Buyers Attributes
4.2.4.4.1.2   Key Fleet Management System Providers in Spain
4.2.4.4.1.3   Business Challenges
4.2.4.4.1.4   Business Drivers
4.2.4.4.2   Application
4.2.4.4.2.1   Spain Fleet Management Market (by Application Type), Value Data
4.2.4.4.2.2   Spain Fleet Management Market (by Commercial Vehicle Type), Value Data
4.2.4.4.3   Product
4.2.4.4.3.1   Spain Fleet Management Market (by Component), Value Data
4.2.4.4.3.2   Spain Fleet Management Market (by Deployment), Value Data
4.2.4.5   Rest-of-Europe
4.2.4.5.1   Market
4.2.4.5.1.1   Buyers Attributes
4.2.4.5.1.2   Key Fleet Management System Providers in Rest-of-Europe
4.2.4.5.1.3   Business Challenges
4.2.4.5.1.4   Business Drivers
4.2.4.5.2   Application
4.2.4.5.2.1   Rest-of-Europe Fleet Management Market (by Application Type), Value Data
4.2.4.5.2.2   Rest-of-Europe Fleet Management Market (by Commercial Vehicle Type), Value Data
4.2.4.5.3   Product
4.2.4.5.3.1   Rest-of-Europe Fleet Management Market (by Component), Value Data
4.2.4.5.3.2   Rest-of-Europe Fleet Management Market (by Deployment), Value Data
4.3   U.K.
4.3.1   Market
4.3.1.1   Buyers Attributes
4.3.1.2   Competitive Benchmarking
4.3.1.3   Key Fleet Management System Providers in the U.K.
4.3.1.4   Business Challenges
4.3.1.5   Business Drivers
4.3.2   Application
4.3.2.1   U.K. Fleet Management Market (by Application Type), Value Data
4.3.2.2   U.K. Fleet Management Market (by Commercial Vehicle Type), Value Data
4.3.3   Product
4.3.3.1   U.K. Fleet Management Market (by Component), Value Data
4.3.3.2   U.K. Fleet Management Market (by Deployment), Value Data
4.4   China
4.4.1   Market
4.4.1.1   Buyers Attributes
4.4.1.2   Competitive Benchmarking
4.4.1.3   Key Fleet Management System Providers in China
4.4.1.4   Business Challenges
4.4.1.5   Business Drivers
4.4.2   Application
4.4.2.1   China Fleet Management Market (by Application Type), Value Data
4.4.2.2   China Fleet Management Market (by Commercial Vehicle Type), Value Data
4.4.3   Product
4.4.3.1   China Fleet Management Market (by Component), Value Data
4.4.3.2   China Fleet Management Market (by Deployment), Value Data
4.5   Asia-Pacific and Japan
4.5.1   Market
4.5.1.1   Buyers Attributes
4.5.1.2   Competitive Benchmarking
4.5.1.3   Key Fleet Management System Providers in Asia-Pacific and Japan
4.5.1.4   Business Challenges
4.5.1.5   Business Drivers
4.5.2   Application
4.5.2.1   Asia-Pacific and Japan Fleet Management Market (by Application Type), Value Data
4.5.2.2   Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), Value Data
4.5.3   Product
4.5.3.1   Asia-Pacific and Japan Fleet Management Market (by Component), Value Data
4.5.3.2   Asia-Pacific and Japan Fleet Management Market (by Deployment), Value Data
4.5.4   Asia-Pacific and Japan (by Country)
4.5.4.1   Japan
4.5.4.1.1   Market
4.5.4.1.1.1   Buyers Attributes
4.5.4.1.1.2   Key Fleet Management System Providers in Japan
4.5.4.1.1.3   Business Challenges
4.5.4.1.1.4   Business Drivers
4.5.4.1.2   Application
4.5.4.1.2.1   Japan Fleet Management Market (by Application Type), Value Data
4.5.4.1.2.2   Japan Fleet Management Market (by Commercial Vehicle Type), Value Data
4.5.4.1.3   Product
4.5.4.1.3.1   Japan Fleet Management Market (by Component), Value Data
4.5.4.1.3.2   Japan Fleet Management Market (by Deployment), Value Data
4.5.4.2   India
4.5.4.2.1   Market
4.5.4.2.1.1   Buyers Attributes
4.5.4.2.1.2   Key Fleet Management System Providers in India
4.5.4.2.1.3   Business Challenges
4.5.4.2.1.4   Business Drivers
4.5.4.2.2   Application
4.5.4.2.2.1   India Fleet Management Market (by Application Type), Value Data
4.5.4.2.2.2   India Fleet Management Market (by Commercial Vehicle Type), Value Data
4.5.4.2.3   Product
4.5.4.2.3.1   India Fleet Management Market (by Component), Value Data
4.5.4.2.3.2   India Fleet Management Market (by Deployment), Value Data
4.5.4.3   South Korea
4.5.4.3.1   Market
4.5.4.3.1.1   Buyers Attributes
4.5.4.3.1.2   Key Fleet Management System Providers in South Korea
4.5.4.3.1.3   Business Challenges
4.5.4.3.1.4   Business Drivers
4.5.4.3.2   Application
4.5.4.3.2.1   South Korea Fleet Management Market (by Application Type), Value Data
4.5.4.3.2.2   South Korea Fleet Management Market (by Commercial Vehicle Type), Value Data
4.5.4.3.3   Product
4.5.4.3.3.1   South Korea Fleet Management Market (by Component), Value Data
4.5.4.3.3.2   South Korea Fleet Management Market (by Deployment), Value Data
4.5.4.4   Rest-of-Asia-Pacific and Japan
4.5.4.4.1   Market
4.5.4.4.1.1   Buyers Attributes
4.5.4.4.1.2   Key Fleet Management System Providers in Rest-of-Asia-Pacific and Japan
4.5.4.4.1.3   Business Challenges
4.5.4.4.1.4   Business Drivers
4.5.4.4.2   Application
4.5.4.4.2.1   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Application Type), Value Data
4.5.4.4.2.2   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), Value Data
4.5.4.4.3   Product
4.5.4.4.3.1   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Component), Value Data
4.5.4.4.3.2   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Deployment), Value Data
4.6   Rest-of-the-World
4.6.1   Market
4.6.1.1   Buyers Attributes
4.6.1.2   Competitive Benchmarking
4.6.1.3   Key Fleet Management System Providers in Rest-of-the-World
4.6.1.4   Business Challenges
4.6.1.5   Business Drivers
4.6.2   Application
4.6.2.1   Rest-of-the-World Fleet Management Market (by Application Type), Value Data
4.6.2.2   Rest-of-the-World Fleet Management Market (by Commercial Vehicle Type), Value Data
4.6.3   Product
4.6.3.1   Rest-of-the-World Fleet Management Market (by Component), Value Data
4.6.3.2   Rest-of-the-World Fleet Management Market (by Deployment), Value Data

5.1   Competitive Benchmarking
5.2   Market Share Analysis
5.3   Company Profiles
5.3.1   Trimble Inc.
5.3.1.1   Company Overview
5.3.1.1.1   Role of Trimble Inc. in the Fleet Management Market
5.3.1.1.2   Product Portfolio
5.3.1.2   Corporate Strategies
5.3.1.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.1.3   Production Sites and R&D Analysis
5.3.1.4   Analyst View
5.3.2   Cisco Systems, Inc.
5.3.2.1   Company Overview
5.3.2.1.1   Role of Cisco Systems, Inc. in the Fleet Management Market
5.3.2.1.2   Product Portfolio
5.3.2.2   Corporate Strategies
5.3.2.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.2.3   Production Sites and R&D Analysis
5.3.2.4   Analyst View
5.3.3   TomTom International BV
5.3.3.1   Company Overview
5.3.3.1.1   Role of TomTom International BV in the Fleet Management Market
5.3.3.1.2   Product Portfolio
5.3.3.2   Business Strategies
5.3.3.2.1   Research Outputs, Developments, and Product Launches
5.3.3.3   Corporate Strategies
5.3.3.3.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.3.4   Production Sites and R&D Analysis
5.3.3.5   Analyst View
5.3.4   Geotab Inc.
5.3.4.1   Company Overview
5.3.4.1.1   Role of Geotab Inc. in the Fleet Management Market
5.3.4.1.2   Product Portfolio
5.3.4.2   Corporate Strategies
5.3.4.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.4.3   Analyst View
5.3.5   Verizon
5.3.5.1   Company Overview
5.3.5.1.1   Role of Verizon in the Fleet Management Market
5.3.5.1.2   Product Portfolio
5.3.5.2   Corporate Strategies
5.3.5.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.5.3   Analyst View
5.3.6   AT&T Inc.
5.3.6.1   Company Overview
5.3.6.1.1   Role of AT&T Inc. in the Fleet Management Market
5.3.6.1.2   Product Portfolio
5.3.6.2   Corporate Strategies
5.3.6.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.6.2.2   Production Sites and R&D Analysis
5.3.6.3   Analyst View
5.3.7   Zebra Technologies Corp.
5.3.7.1   Company Overview
5.3.7.1.1   Role of Zebra Technologies Corp. in the Fleet Management Market
5.3.7.1.2   Product Portfolio
5.3.7.2   Corporate Strategies
5.3.7.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.7.2.2   Production Sites and R&D Analysis
5.3.7.3   Analyst View
5.3.8   Embitel
5.3.8.1   Company Overview
5.3.8.1.1   Role of Embitel in the Fleet Management Market
5.3.8.1.2   Product Portfolio
5.3.8.2   Corporate Strategies
5.3.8.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.8.2.2   Production Sites
5.3.8.3   Analyst View
5.3.9   Teletrac Navman US Ltd
5.3.9.1   Company Overview
5.3.9.1.1   Role of Teletrac Navman US Ltd in the Fleet Management Market
5.3.9.1.2   Product Portfolio
5.3.9.2   Business Strategies
5.3.9.2.1   Research Outputs, Developments, and Product Launches
5.3.9.3   Corporate Strategies
5.3.9.3.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.9.4   Analyst View
5.3.10   Gurtam
5.3.10.1   Company Overview
5.3.10.1.1   Role of Gurtam in the Fleet Management Market
5.3.10.1.2   Product Portfolio
5.3.10.2   Corporate Strategies
5.3.10.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.10.3   Analyst View
5.3.11   Wheels Donlen
5.3.11.1   Company Overview
5.3.11.1.1   Role of Wheels Donlen in the Fleet Management Market
5.3.11.1.2   Product Portfolio
5.3.11.2   Corporate Strategies
5.3.11.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.11.3   Analyst View
5.3.12   Astrata Europe BV.
5.3.12.1   Company Overview
5.3.12.1.1   Role of Astrata Europe BV. in the Fleet Management Market
5.3.12.1.2   Product Portfolio
5.3.12.2   Business Strategies
5.3.12.2.1   Research Outputs, Developments, and Product Launches
5.3.12.3   Corporate Strategies
5.3.12.3.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.12.4   Analyst View
5.3.13   TELTONIKA
5.3.13.1   Company Overview
5.3.13.1.1   Role of TELTONIKA in the Fleet Management Market
5.3.13.1.2   Product Portfolio
5.3.13.2   Analyst View
5.3.14   Navtelecom, LLC
5.3.14.1   Company Overview
5.3.14.1.1   Role of Navtelecom, LLC in the Fleet Management Market
5.3.14.1.2   Product Portfolio
5.3.14.2   Business Strategies
5.3.14.2.1   Research Outputs, Developments, and Product Launches
5.3.14.3   Analyst View
5.3.15   Queclink Wireless Solutions Co., Ltd.
5.3.15.1   Company Overview
5.3.15.1.1   Role of Queclink Wireless Solutions Co., Ltd. in the Fleet Management Market
5.3.15.1.2   Product Portfolio
5.3.15.2   Corporate Strategies
5.3.15.2.1   Partnerships, Collaborations, Investments, Mergers, and Acquisitions
5.3.15.3   Analyst View
5.4   Start-Up Company Snapshots
5.4.1   Fleetx
5.4.1.1   Company Overview
5.4.1.2   Role of Fleetx in the Global Fleet Management Market
5.4.1.3   Product Portfolio
5.4.2   Fleeti
5.4.2.1   Company Overview
5.4.2.2   Role of Fleeti in the Global Fleet Management Market
5.4.2.3   Product Portfolio
5.4.3   Wonder Wagen
5.4.3.1   Company Overview
5.4.3.2   Role of Wonder Wagen in the Global Fleet Management Market
5.4.3.3   Product Portfolio

6.1   Data Sources
6.1.1   Primary Data Sources
6.1.2   Secondary Data Sources
6.2   Data Triangulation
6.3   Market Estimation and Forecast
6.3.1   Factors for Data Prediction and Modeling

Table 1:   Global Fleet Management Market Overview
Table 2:   Key Patents Mapping
Table 3:   Global Fleet Management Market (by Application Type), $Billion, 2021-2031
Table 4:   Global Fleet Management Market (by Commercial Vehicle Type), $Billion, 2021-2031
Table 5:   Global Fleet Management Market (by Component), $Billion, 2021-2031
Table 6:   Global Fleet Management Market (by Deployment), $Billion, 2021-2031
Table 7:   Global Fleet Management Market (by Region), $Billion, 2021-2031
Table 8:   North America Fleet Management Market (by Application Type), $Billion, 2021-2031
Table 9:   North America Fleet Management Market (by Commercial Vehicle Type), $Billion, 2021-2031
Table 10:   North America Fleet Management Market (by Component), $Billion, 2021-2031
Table 11:   North America Fleet Management Market (by Deployment), $Billion, 2021-2031
Table 12:   U.S. Fleet Management Market (by Application Type), $Billion, 2021-2031
Table 13:   U.S. Fleet Management Market (by Commercial Vehicle Type), $Billion, 2021-2031
Table 14:   U.S. Fleet Management Market (by Component), $Billion, 2021-2031
Table 15:   U.S. Fleet Management Market (by Deployment), $Billion, 2021-2031
Table 16:   Canada Fleet Management Market (by Application Type), $Million, 2021-2031
Table 17:   Canada Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 18:   Canada Fleet Management Market (by Component), $Million, 2021-2031
Table 19:   Canada Fleet Management Market (by Deployment), $Million, 2021-2031
Table 20:   Mexico Fleet Management Market (by Application Type), $Million, 2021-2031
Table 21:   Mexico Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 22:   Mexico Fleet Management Market (by Component), $Million, 2021-2031
Table 23:   Mexico Fleet Management Market (by Deployment), $Million, 2021-2031
Table 24:   Europe Fleet Management Market (by Application Type), $Million, 2021-2031
Table 25:   Europe Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 26:   Europe Fleet Management Market (by Component), $Million, 2021-2031
Table 27:   Europe Fleet Management Market (by Deployment), $Million, 2021-2031
Table 28:   Italy Fleet Management Market (by Application Type), $Million, 2021-2031
Table 29:   Italy Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 30:   Italy Fleet Management Market (by Component), $Million, 2021-2031
Table 31:   Italy Fleet Management Market (by Deployment), $Million, 2021-2031
Table 32:   France Fleet Management Market (by Application Type), $Million, 2021-2031
Table 33:   France Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 34:   France Fleet Management Market (by Component), $Million, 2021-2031
Table 35:   France Fleet Management Market (by Deployment), $Million, 2021-2031
Table 36:   Germany Fleet Management Market (by Application Type), $Million, 2021-2031
Table 37:   Germany Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 38:   Germany Fleet Management Market (by Component), $Million, 2021-2031
Table 39:   Germany Fleet Management Market (by Deployment), $Million, 2021-2031
Table 40:   Spain Fleet Management Market (by Application Type), $Million, 2021-2031
Table 41:   Spain Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 42:   Spain Fleet Management Market (by Component), $Million, 2021-2031
Table 43:   Spain Fleet Management Market (by Deployment), $Million, 2021-2031
Table 44:   Rest-of-Europe Fleet Management Market (by Application Type), $Million, 2021-2031
Table 45:   Rest-of-Europe Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 46:   Rest-of-Europe Fleet Management Market (by Component), $Million, 2021-2031
Table 47:   Rest-of-Europe Fleet Management Market (by Deployment), $Million, 2021-2031
Table 48:   U.K. Fleet Management Market (by Application Type), $Million, 2021-2031
Table 49:   U.K. Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 50:   U.K. Fleet Management Market (by Component), $Million, 2021-2031
Table 51:   U.K. Fleet Management Market (by Deployment), $Million, 2021-2031
Table 52:   China Fleet Management Market (by Application Type), $Million, 2021-2031
Table 53:   China Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 54:   China Fleet Management Market (by Component), $Million, 2021-2031
Table 55:   China Fleet Management Market (by Deployment), $Million, 2021-2031
Table 56:   Asia-Pacific and Japan Fleet Management Market (by Application Type), $Million, 2021-2031
Table 57:   Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 58:   Asia-Pacific and Japan Fleet Management Market (by Component), $Million, 2021-2031
Table 59:   Asia-Pacific and Japan Fleet Management Market (by Deployment), $Million, 2021-2031
Table 60:   Japan Fleet Management Market (by Application Type), $Million, 2021-2031
Table 61:   Japan Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 62:   Japan Fleet Management Market (by Component), $Million, 2021-2031
Table 63:   Japan Fleet Management Market (by Deployment), $Million, 2021-2031
Table 64:   India Fleet Management Market (by Application Type), $Million, 2021-2031
Table 65:   India Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 66:   India Fleet Management Market (by Component), $Million, 2021-2031
Table 67:   India Fleet Management Market (by Deployment), $Million, 2021-2031
Table 68:   South Korea Fleet Management Market (by Application Type), $Million, 2021-2031
Table 69:   South Korea Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 70:   South Korea Fleet Management Market (by Component), $Million, 2021-2031
Table 71:   South Korea Fleet Management Market (by Deployment), $Million, 2021-2031
Table 72:   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Application Type), $Million, 2021-2031
Table 73:   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 74:   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Component), $Million, 2021-2031
Table 75:   Rest-of-Asia-Pacific and Japan Fleet Management Market (by Deployment), $Million, 2021-2031
Table 76:   Rest-of-the-World Fleet Management Market (by Application Type), $Million, 2021-2031
Table 77:   Rest-of-the-World Fleet Management Market (by Commercial Vehicle Type), $Million, 2021-2031
Table 78:   Rest-of-the-World Fleet Management Market (by Component), $Million, 2021-2031
Table 79:   Rest-of-the-World Fleet Management Market (by Deployment), $Million, 2021-2031
Table 80:   Market Share Analysis, 2021
Table 81:   Trimble Inc.: Product Portfolio
Table 82:   Trimble Inc.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 83:   Cisco Systems, Inc.: Product Portfolio
Table 84:   Cisco Systems, Inc.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 85:   TomTom International BV: Product Portfolio
Table 86:   TomTom International BV: Research Outputs, Developments, and Product Launches
Table 87:   TomTom International BV: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 88:   Geotab Inc.: Product Portfolio
Table 89:   Geotab Inc.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 90:   Verizon: Product Portfolio
Table 91:   Verizon: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 92:   AT&T Inc.: Product Portfolio
Table 93:   AT&T Inc.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 94:   Zebra Technologies Corp.: Product Portfolio
Table 95:   Zebra Technologies Corp.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 96:   Embitel: Product Portfolio
Table 97:   Embitel: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 98:   Teletrac Navman US Ltd: Product Portfolio
Table 99:   Teletrac Navman US Ltd: Research Outputs, Developments, and Product Launches
Table 100:   Teletrac Navman US Ltd: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 101:   Gurtam: Product Portfolio
Table 102:   Gurtam: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 103:   Wheels Donlen: Product Portfolio
Table 104:   Wheels Donlen: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 105:   Astrata Europe BV.: Product Portfolio
Table 106:   Astrata Europe BV.: Research Outputs, Developments, and Product Launches
Table 107:   Astrata Europe BV.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 108:   TELTONIKA: Product Portfolio
Table 109:   Navtelecom, LLC: Product Portfolio
Table 110:   Navtelecom, LLC: Research Outputs, Developments, and Product Launches
Table 111:   Queclink Wireless Solutions Co., Ltd.: Product Portfolio
Table 112:   Queclink Wireless Solutions Co., Ltd.: Partnerships, Collaborations, Investments, Mergers, and Acquisitions
Table 113:   Fleetx: Product Portfolio
Table 114:   Fleeti: Product Portfolio
Table 115:   Wonder Wagen: Product Portfolio

Figure 1:   Global Fleet Management Market, $Million, 2021-2031
Figure 2:   Global Fleet Management Market (by Deployment), $Million, 2021-2031
Figure 3:   Global Fleet Management Market (by Commercial Vehicle Type), $Million, 2022, 2026, and 2031
Figure 4:   Global Fleet Management Market (by Component), $Million, 2021-2031
Figure 5:   Global Fleet Management Market (by Application Type), $Million, 2021-2031
Figure 6:   Global Fleet Management Market (by Region), 2021
Figure 7:   List of Key Players Included in the Global Fleet Management Market Report
Figure 8:   Global Fleet Management Market Coverage
Figure 9:   Supply Chain Analysis for the Global Fleet Management Market
Figure 10:   Stakeholders in Global Fleet Management Market
Figure 11:   Fleet Management Process
Figure 12:   Business Dynamics for Fleet Management Market
Figure 13:   Global Fleet Management Market: Impact of Business Drivers
Figure 14:   OPEC Basket Price (2016-2022)
Figure 15:   Global Fleet Management Market: Impact of Business Challenges
Figure 16:   Share of Key Business Strategies (2019-2023)
Figure 17:   Share of Product Developments (by Company), 2019-2023
Figure 18:   Share of Key Corporate Strategies (2019-2023)
Figure 19:   Share of Mergers and Acquisitions (by Company), 2019-2023
Figure 20:   Share of Partnerships, Joint Ventures, Collaborations, and Alliances(by Company), 2019-2023
Figure 21:   Global Fleet Management Market: Impact of Business Opportunities
Figure 22:   Fleet Management Market (by Commercial Vehicle Type)
Figure 23:   Global Fleet Management Market (Real-Time Location Monitoring), $Million, 2021-2031
Figure 24:   Global Fleet Management Market (Fuel Management), $Million, 2021-2031
Figure 25:   Global Fleet Management Market (Maintenance Management), $Million, 2021-2031
Figure 26:   Global Fleet Management Market (Driver Management), $Million, 2021-2031
Figure 27:   Global Fleet Management Market (Weight/Volume Tracking), $Million, 2021-2031
Figure 28:   Global Fleet Management Market (Accounting and Insurance), $Million, 2021-2031
Figure 29:   Global Fleet Management Market (Light Commercial Vehicles), $Million, 2021-2031
Figure 30:   Global Fleet Management Market (Heavy Commercial Vehicles), $Million, 2021-2031
Figure 31:   Global Fleet Management Market (Software), $Million, 2021-2031
Figure 32:   Global Fleet Management Market (Hardware), $Million, 2021-2031
Figure 33:   Global Fleet Management Market (Service), $Million, 2021-2031
Figure 34:   Global Fleet Management Market (On-Premises), $Million, 2021-2031
Figure 35:   Global Fleet Management Market (Cloud), $Million, 2021-2031
Figure 36:   Fleet Management Market Opportunity Matrix (by Region), $Million
Figure 37:   Fleet Management Market Opportunity Matrix (by Component), $Million
Figure 38:   Fleet Management Market Opportunity Matrix (by Deployment), $Million
Figure 39:   Competitive Benchmarking in North America, 2021
Figure 40:   Competitive Benchmarking in Europe, 2021
Figure 41:   Competitive Benchmarking in the U.K., 2021
Figure 42:   Competitive Benchmarking in China, 2021
Figure 43:   Competitive Benchmarking in Asia-Pacific and Japan, 2021
Figure 44:   Competitive Benchmarking in Rest-of-the-World, 2021
Figure 45:   Competitive Benchmarking in Global Fleet Management Market, 2021
Figure 46:   Trimble Inc.: R&D Analysis, $Million, 2019-2021
Figure 47:   Cisco Systems, Inc.: R&D Analysis, $Million, 2019-2021
Figure 48:   TomTom International BV: R&D Analysis, $Million, 2019-2021
Figure 49:   AT&T Inc.: R&D Analysis, $Billion, 2019-2021
Figure 50:   Zebra Technologies Corp.: R&D Analysis, $Million, 2019-2021
Figure 51:   Research Methodology
Figure 52:   Data Triangulation
Figure 53:   Top-Down and Bottom-Up Approach
Figure 54:   Assumptions and Limitations

Market Report Coverage

Fleet Management Market
Base Year	2021	Market Size in 2022	$8.35 Billion
Forecast Period	2022-2031	Value Projection and Estimation by 2031	$41.54 Billion
CAGR During Forecast Period	19.52%	Number of Tables	115
Number of Pages	191	Number of Figures	54

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing coverage, product portfolio, and market penetration.

Key Companies Profiled

•   Trimble Inc.
•   Cisco Systems, Inc.
•   TomTom International BV
•   Geotab Inc.
•   Verizon
•   AT&T Inc.
•   Zebra Technologies Corp.
•   Embitel
•   Teletrac Navman US Ltd
•   Gurtam
•   Wheels Donlen
•   Astrata Europe BV.
•   TELTONIKA
•   Navtelecom, LLC
•   Queclink Wireless Solutions Co., Ltd.
•   Fleetx
•   Fleeti
•   Wonder Wagen

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of fleet management products available by Component (Hardware, Software, and Service), by Deployment (On-Premises and Cloud), by Application Type (Real Time Location Monitoring, Fuel Management, Maintenance Management, Driver Management, Weight/Volume Tracking, and Accounting and Insurance), by Commercial Vehicle Type (Light Commercial Vehicles and Heavy Commercial Vehicles). Increasing demand worldwide is pushing the sales of fleet management systems. Therefore, the fleet management business is a low-investment and high-revenue generating model.

Growth/Marketing Strategy: The global Fleet Management Market is exponentially growing, with enormous opportunities for the market players. Some strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the global fleet management market.

Competitive Strategy: Key players in the global fleet management market analyzed and profiled in the study involve fleet management-based product manufacturers and start-ups. Moreover, a detailed competitive benchmarking of the players operating in the global fleet management market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Fleet Management Industry and Technology Overview

The global fleet management market is projected to reach $41.54 billion by 2031 from $8.35 billion in 2022, growing at a CAGR of 19.52% during the forecast period 2022-2031. The growth in the global fleet management market is expected to be driven by increasing demand of cutting extra maintenance and operation costs.

Fleet Management Market Lifecycle Stage

Fleet Management tools used in commercial vehicles are advancing technologically and are expected to grow faster in the forecast period. Key market development activities are expected to be boosted by emergence of the connected vehicles.

The global fleet management market is still in the growth phase. An increasing awareness of fleet management system benefits in the fleet businesses is propelling the Fleet Management market. The growth of fleet management is also attributed to the industrial revolution with the adoption of new technologies.

Figure 1: Fleet Management Market, $Million, 2021, 2022, and 2031

Impact

• In U.S., since December 16, 2019, all fleet managers/commercial drivers have been required to replace their AOBRDs with modern ELDs. The exemption applies to fleets already using an AOBRD device by the original December 18 deadline, so they didn’t need ELDs as urgently as others.
• In the United Kingdom, from 2022 The Government of the United Kingdom made mandatory to install speed limiter on all new vehicles produced. The Department for Transport confirmed this after the European Commission approved new rules. Even though the U.K. is no longer a member of the EU, this ruling is still followed. As a result, The U.K. fleet management market is expected to grow significantly in the coming years.

Market Segmentation:

Segmentation 1: by Application Type
•   Real Time Location Monitoring
•   Fuel Management
•   Maintenance Management
•   Driver Management
•   Weight/Volume Tracking
•   Accounting and Insurance

Based on the application type segment, the global fleet management market is expected to be dominated by the real time location monitoring segment during the forecast period.

Segmentation 2: by Vehicle Type
• Light Commercial Vehicles
• Heavy Commercial Vehicles

The light commercial vehicles segment is expected to be the leading segment in the market with the increasing vehicle fleet and demand for applications such as last-mile delivery, logistics, and transportation.

Segmentation 3: by Component
•   Hardware
•   Software
•   Service

The software component segment dominated the global fleet management market in 2021. The user-friendly features of fleet management software have helped this market sector grow in recent years despite its greater cost.

Segmentation 4: by Deployment
• On-Premises
• Cloud

For the year 2021, the cloud segment dominated the global fleet management market. Cloud segment is expected to be the largest segment in the forecast period since they are having lower infrastructure costs, easy-to-use and less complex sophisticated features than on-premises fleet management system.

Segmentation 5: by Region
•   North America
•   Asia-Pacific and Japan
•   China
•   Europe
•   U.K.
•   Rest-of-the-World

For the year 2021, North America was the largest region in the fleet management market due to the largest commercial vehicle fleets in the U.S. and fastest adoption of connected technologies in the commercial vehicles. However, the Rest-of-the World and Asia-Pacific and Japan fleet managements market is expected to grow at a high growth rate during the forecast period 2022-2031.

Recent Developments in the Fleet Management Market

• In December 2021, Geotab Inc., a global leader in IoT and connected transportation, announced its partnership with Sygic to provide customers with offline GPS navigation and route planning for trucks and light commercial vehicles.
• In February 2022, Veniam, an intelligent networking provider, combined its technology with TomTom IndiGO, a flexible digital cockpit platform, to deliver best-in-class connectivity for onboard applications and car manufacturers worldwide.
• In August 2020, MiX Telematics acquired Trimble’s field service management business. The combination adds significant scale to Mix Telematics company’s North American telematics subscriber base while diversifying that business into additional industry verticals.
• In May 2022, Astrata Europe BV. partnered with Bosch Group for five years. This may benefit the company in terms of optimizing its supply chain as it has started production in Europe to focus on reducing delay time and shipping risks of products.
• In April 2021, The world’s leading provider of IoT devices and technologies, Queclink Wireless Solutions Co., Ltd., partnered with Sigfox, the OG network pioneer and IoT leader. This collaboration launched a series of initiatives to make asset management and stolen vehicle recovery (SVR).

Demand - Drivers and Limitations

The following are the demand drivers for the fleet management market:

•   Growing Number of Vehicle and Asset Thefts
•   Increase in Road Accidents
•   Volatility in Fuel Prices
•   Augmented Demand for Fleet Management Solutions from Transportation and Logistics Industry

The market is expected to face some limitations due to the following challenges:

• Connecting Information Together from a Variety of Sources
• Risk of Cyber Attacks

Analyst View

According to Dhrubajyoti Narayan, Principal Analyst, BIS Research, "Due to the growing strategic significance of shifting mobility, there is an increase in demand for fleet management on a global scale. As a result, it is anticipated that the worldwide fleet management market will expand considerably throughout the forecast period. It is crucial for fleet businesses wishing to expand their enterprises to adopt fleet management. Its benefits include enhancing client happiness, boosting productivity, reducing gasoline expenses, and offering real-time visibility. The e-commerce, insurance, construction, and mining industries' rising need for commercial vehicles is anticipated to fuel the market for fleet management. Additionally, the industry is expanding faster because of the utilization of artificial intelligence (AI) solutions in fleet management software and hardware."

Fleet Management Market - A Global and Regional Analysis

Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2022-2031

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Some Faq's

Frequently Asked Questions

For those looking to scale their businesses, it is vital that they use fleet management. Its advantages are improving customer satisfaction, increasing productivity, reducing fuel costs, and providing real-time visibility. A system of software and hardware for fleet management can quickly solve challenges such as high operating costs of vehicles, unclear government policies, lack of road infrastructure, and increased congestion.

The key business opportunities in the global fleet management market include surging demand for connected and autonomous vehicles and emergence of the internet of things (IoT).

Partnerships, joint ventures, collaborations, and alliances has been one of the most prominent approaches adopted by market leaders to strengthen their market position. For instance, in May 2022, Astrata Europe BV. partnered with Bosch Group for five years. This may benefit the company in terms of optimizing its supply chain as it has started production in Europe to focus on reducing delay time and shipping risks of products.

A new entrant can focus on collaborating with commercial vehicle manufacturers as there is high demand for factory fitted fleet management system in the forecast period. Also launching new fleet management products by component hardware and software will give customers some flexibility in choosing products.

The following can be seen as some of the USPs of the report:

· Extensive competitive benchmarking of the players (fleet management providers and start-ups) to offer a holistic view of the fleet management market landscape

· 18 company profiles, including fleet management providers and start-ups

· Market ranking analysis based on product portfolio, recent developments, and regional spread

· Segmentation by component, deployment, application type, and vehicle type provided in the report

· Market share analysis of key players in the fleet management market

Fleet management system providers, commercial vehicle OEM manufacturers, and fleet management solution providers should buy this report.

A quick peek into the report

Table of Contents

Market Report Coverage

How can this report add value to an organization?

Fleet Management Industry and Technology Overview

$5500

Fleet Management Market - A Global and Regional Analysis

Frequently Asked Questions

Fleet Management Market - A Global and Regional Analysis

A quick peek into the report

Table of Contents

1 Markets

2 Application

3 Product

4 Region

5 Markets - Competitive Benchmarking & Company Profiles

6 Research Methodology

List of Tables

List of Figures

Market Report Coverage

How can this report add value to an organization?

Fleet Management Industry and Technology Overview

$5500

Fleet Management Market - A Global and Regional Analysis

Frequently Asked Questions

Q: Why is fleet management is used in the commercial vehicles?

Q: What are the key business opportunities in the global fleet management market?

Q: What new strategies are being adopted by the existing market players to strengthen their market position in the industry?

Q: For a new company looking to enter the global Fleet Management Market, what areas could it focus on to stay ahead of the competition?

Q: What is the USP of this report?

Q: Who should buy this report?