Fleet Management System Market Report 2021: Global Industry Trends, Share, Size, Growth and Forecast 2026

Fleet Management System Market Report 2021: Global Industry Trends, Share, Size, Growth and Forecast 2026

According to the latest report by IMARC Group, titled “Fleet Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global fleet management system market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 16.7% during 2021-2026. 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A fleet management system refers to a software or a collection of various applications that performs functions such as fuel management, driver and tachograph management, vehicle maintenance, tracking and diagnostic, and health and safety management. It assists organizations in reducing costs, improving efficiency, minimizing associated risks, enhancing productivity and ensuring compliance with legislation. Moreover, it utilizes communication technologies, such as the Global Navigation Satellite System (GNSS) and cellular system, to avoid collisions.

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Market Trends

The increasing international trade of goods and services represents one of the key factors propelling the fleet management system market growth. Apart from this, the integration of wireless technologies, cloud-based software and data analytics with the fleet management system, is also contributing to the growth of the market. This system finds extensive applications in the automotive, oil and gas, chemical, mining, construction, logistics, and energy and utility industries, which is acting as another major growth-inducing factor. This, in confluence with the emerging trend of smart transport systems, is expected to drive the market in the coming years.

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List of Key Companies Covered in this Market Report:

  •  AT&T Inc.
  • Geotab, I.D. Systems
  • IBM Corporation
  • Inseego Corporation
  • Mix Telematics Ltd.
  • Omnitracs LLC
  • TomTom N.V.
  • Trimble Inc.
  • Verizon Communications
  • Wheels Inc.

The report has segmented the market on the basis of component, vehicle type, end-use sector, technology, deployment and geography.

Breakup by Component:

  • Solutions
    • Fleet Telematics
    • Driver Information Management
    • Vehicle Maintenance
    • Safety and Compliance Management
    • Others
  • Services
    • Installation and Integration Services
    • After-Sales Support Services
    • Consulting Services

Breakup by Vehicle Type:

  • Commercial Vehicles
  • Passenger Cars
  • Aircrafts
  • Watercrafts

Breakup by End-Use Sector:

  • Automotive
  • Energy & Utilities
  • Manufacturing
  • Retail
  • Transportation and Logistics
  • Construction
  • Others

Breakup by Technology:

  • GNSS
  • Cellular Systems

Breakup by Deployment Type:

  • Cloud-based
  • On-premises
  • Hybrid

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Five years in chemical & material has made Ivo Smith more or less an expert in everything related to medicines, drugs, chemicals and related sectors – at least from the PR front. Through his insider access to the sector, he has gained valuable insight into the entire manufacturing process of chemical and material.
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