DUBLIN—The "Fleet Management Market by Solution (Operations Management, Information Management, Risk Management, Vehicle Maintenance & Leasing, Safety & Compliance Management), Service, Deployment Type, Fleet Type and Region - Global forecast to 2022" report has been added to Research and Markets' offering.

The growing need for operational efficiency is expected to drive the growth of the fleet management market

The fleet management market size is expected to grow from USD 13.78 billion in 2017 to USD 28.66 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period. The major driver for the upsurge in the demand of the fleet management market is said to be the declining hardware and connectivity costs, leading to the increased deployment of fleet management solutions. The major restraining factor is expected to be the cost sensitivity of fleet owners, which is restricting the deployment of advanced fleet management technologies.

The cloud deployment type is expected to witness the highest growth rate during the forecast period, owing to its cost-effectiveness, scalability, and ease of accessibility to organizational content, regardless of the employee location, thereby supplementing the business continuity.

The passenger cars segment is expected to hold largest market share during the forecast period, owing to its large presence and increased deployment of advanced fleet management technology, especially by the fleet leasing companies.

As per the geographic analysis, the APAC region is expected to witness the fastest growth in the fleet management market, due to the increasing adoption of advanced technologies and increasing Gross Domestic Product (GDP) in countries. North America is expected to hold the largest market share during the forecast period, owing to the early adoption of fleet management technology and the increasing government regulations, policies, and mandates.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Fleet Management Market Analysis, By Type

7 Fleet Management Market Analysis, By Deployment Type

8 Fleet Management Market Analysis, By Fleet Type

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

  • AT&T
  • Donlen Corporation
  • Geotab
  • Leaseplan USA
  • Masternaut
  • Merchants Fleet Management
  • Omnitracs
  • Teletrac Navman
  • Tomtom Telematics
  • Trimble
  • Verizon Telematics
  • Wheels, Inc.
  • Workwave

For more information about this report visit https://www.researchandmarkets.com/research/4hv68t/fleet_management

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Related Topics: Car Fleet