1 / 7

Fleet Management Market: Regional Trend & Growth Forecast To 2032

The fleet management market is slated to progress at a significant growth rate through 2032 owing to growing emphasis on improving vehicle connectivity. In addition, the increasing adoption of cloud computing services across multiple industry verticals, along with the inclusion of AI technology in fleet management solutions, is likely to boost market growth over the forecast period.

sudeepkedar77
Télécharger la présentation

Fleet Management Market: Regional Trend & Growth Forecast To 2032

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fleet Management Market: Regional Trend & Growth Forecast To 2032

  2. Industry Insights • As per a recent research report, Global Fleet Management Market share is likely to surpass USD 70 billion valuation by 2032. • The fleet management market is slated to progress at a significant growth rate through 2032 owing to growing emphasis on improving vehicle connectivity. In addition, the increasing adoption of cloud computing services across multiple industry verticals, along with the inclusion of AI technology in fleet management solutions, is likely to boost market growth over the forecast period. • The COVID-19 pandemic had a positive impact on industry growth due to changing preference of enterprises towards effective remote fleet management systems as a result of restriction of movement and stringent lockdowns. Furthermore, the remote working trends altered driver utilization patterns of telematics tools.

  3. Moreover, the major players in the industry have been focusing on innovating fleet management products and strategic partnerships and collaborations with private and government organizations to strengthen their market standing. For instance, in September 2022, Garmin International Inc., an American technology company, announced that its Garmin G3000 integrated flight deck was selected by the U.S. Department of Defense for Avionics Reconfiguration and Tactical Enhancement for Inventory (ARTEMIS) Program. • The fleet management market has been bifurcated based on deployment model, solution, end-use, vehicle, and region. • With respect to solution, the industry has been classified into operation management, driver management, vehicle tracking system, and others. The others segment is anticipated to capture more than 4% market share by 2032. The segment includes accident management and vehicle maintenance solutions that play a vital role in road management, which is likely to bolster segment growth.

  4. Regional Analysis Europe fleet management market reached a valuation of more than $4 billion in 2022. The growing sales of commercial vehicles, extensive digitization, and the launch of automotive leasing services have proven lucrative for the market scenario in the region. According to the European Automobile Manufacturers Association, in March 2021, registration of commercial vehicles increased by 95.3% with approximately 204,046 units in Europe • Competitive Analysis • ID Systems, Inc. (Powerfleet), Masternaut Ltd., LeasePlan Corporation., GPS Insights, MiX Telematics International (Pty) Ltd., and KeepTruckin, Inc., among others

  5. Fleet Management Market @ https://www.gminsights.com/industry-analysis/fleet-management-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/3598 Request for customization: https://www.gminsights.com/roc/3598

  6. Stay In Touch Social Media:

  7. THANK YOU www.gminsights.com

More Related