DUBLIN--(BUSINESS WIRE)--The "Global Fleet Management Market (2020-2025) by Solutions, Services, Fleet Type, Deployment, Communication Technology, Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Fleet Management Market is estimated to be USD 18.8 Bn in 2020 and is expected to reach USD 33.1 Bn by 2025, growing at a CAGR of 12%.

Fleet management technologies are widely used in managing land, marine, and aviation automotive fleets in location tracking, fuel efficiency, predictive maintenance, and monitoring.

The fleet management solution market is characterized by high fragmentation, low levels of product differentiation, rising presence of original equipment manufacturers, and reducing hardware and connectivity costs. It helps the businesses take proactive action towards maintaining their vehicles, reducing the repair & maintenance costs, and minimizing the vehicle downtime.

It also reduces fuel & overall running costs, enhanced safety, and optimized the fleet operations with real-time fleet tracking and monitoring. Fleet management also enables the organizations to keep track and maintain their vehicles cost-effectively and more efficiently.

COVID-19 pandemic has also impacted growth. Due to the pandemic, there is a reduction in commercial traffic, which has impacted every sector across the globe, including industrial, retail, commercial, and warehouses. The most impacted sector in the commercial fleet segment is local passenger transportation, which includes railways, buses, taxis, etc. Other issues faced by this sector include lack of transparency and standardization in safety and data integrity, which could also restrain the market growth.

Increasing government regulations and the need for optimization of fleet operating expenses helps in driving the growth of the Fleet Management Market. Furthermore, with the increasing adoption of cloud and wireless technology, the Fleet Management Market is expected to boost soon. The cloud and wireless technology provide quick access & response, wide coverage area, and reduced cost. It helps the vendors to increase productivity, efficiency, and ROI (Return on Investment).

Furthermore, cost sensitivity is also expected to decrease among local players. The average selling prices of fleet management software & communication technology are expected to decline during the forecast period. The decline of hardware and software costs and the increasing need for operational efficiency among fleet owners fuels the market growth.

Market Dynamics


  • Need for Operational Competency in Fleet Management
  • Compulsion of Electronic Logging Device (ELD) Implementation
  • Growing Adoption of Cloud Computing and Big Data Analytics Solutions for Streamlining Fleet Management Operations
  • Mandatory Government Regulations


  • The Rising Risk of Security in Software
  • The Volatility of Fuel Costs


  • Introduction of Autonomous Fleets to Provide Multiple Partnership Opportunities
  • The growing Vehicle Replacement Market
  • Harnessing Telematics Data for Making Informed Business Decisions


  • Increasing Cyber Threats and Data Breaches Incidents
  • Lack of Awareness among Smaller Fleet Owners

Key Topics Covered:

1. Report Description

2. Research Methodology

3. Executive Summary

4. Market Overview

4.1 Introduction

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.2.4 Challenges

4.3 Trends

5. Market Analysis

5.1 Porter's Five Forces Analysis

5.2 Impact of COVID-19

5.3 Ansoff Matrix Analysis

6. Global Fleet Management Market, By Solutions

6.1 Introduction

6.2 Operations Management

6.2.1 Fleet Tracking and Geofencing

6.2.2 Routing and Scheduling

6.3 Performance Management

6.3.1 Driver Management

6.3.2 Fuel Management

6.4 Fleet Analytics and Reporting

6.5 Vehicle Maintenance and Diagnostics

6.6 Others (Crash management and toll management)

7. Global Fleet Management Market, By Services

7.1 Introduction

7.2 Professional Services

7.2.1 Consulting

7.2.2 Implementation

7.2.3 Support and Maintenance

7.3 Managed Services

8. Global Fleet Management Market, By Fleet Type

8.1 Introduction

8.2 Commercial Fleets

8.2.1 Light Commercial Vehicles

8.2.2 Medium and Heavy Commercial Vehicles

8.3 Passenger Cars

8.3.1 Internal Combustion Engine

8.3.2 Electric Vehicles

9. Global Fleet Management Market, By Deployment

9.1 Introduction

9.2 Cloud

9.3 On-Premises

10. Global Fleet Management Market, By Communication Technology

10.1 Introduction

10.2 GNSS (Satellite)

10.3 Cellular System

11. Global Fleet Management Market, By Industry

11.1 Introduction

11.2 Automotive

11.3 Transportation & Logistics

11.4 Retail

11.5 Government

11.6 Others (Manufacturing, Construction, and Energy)

12. Global Fleet Management Market, By Geography

12.1 Introduction

12.2 North America

12.2.1 US

12.2.2 Canada

12.2.3 Mexico

12.3 South America

12.3.1 Brazil

12.3.2 Argentina

12.4 Europe

12.4.1 UK

12.4.2 France

12.4.3 Germany

12.4.4 Italy

12.4.5 Spain

12.4.6 Rest of Europe

12.5 Asia-Pacific

12.5.1 China

12.5.2 Japan

12.5.3 India

12.5.4 Indonesia

12.5.5 Malaysia

12.5.6 South Korea

12.5.7 Australia

12.5.8 Russia

12.5.9 Rest of APAC

12.6 Rest of the World

12.6.1 Qatar

12.6.2 Saudi Arabia

12.6.3 South Africa

12.6.4 United Arab Emirates

12.6.5 Latin America

13. Competitive Landscape

13.1 Competitive Quadrant

13.2 Market Share Analysis

13.3 Competitive Scenario

13.3.1 Mergers & Acquisitions

13.3.2 Agreements, Collaborations, & Partnerships

13.3.3 New Product Launches & Enhancements

13.3.4 Investments & Fundings

14. Company Profiles

14.1 Fleetmatics Group PLC

14.2 Teletrac Navman US Ltd.

14.3 Inseego Corporation

14.4 ARI Fleet Management Co.

14.5 Webfleet Solutions B.V.

14.6 Cisco Systems, Inc.

14.7 TomTom N.V.

14.8 Omnitracs LLC

14.9 Wheels, Inc.

14.10 GoFleet Corporation

14.11 Spireon, Inc.

14.12 Trimble Inc.

14.13 Geotab Inc.

14.14 Masternaut Limited

14.15 Automile Inc.

14.16 Azuga Inc.

14.17 Chevin Fleet Solutions

14.18 Donlen Corporation

14.19 Verizon Connect

14.20 Fleetroot

For more information about this report visit https://www.researchandmarkets.com/r/ytxo2v


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