Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Fleet Management Market Research Report - Forecast
Fleet Management Market 2019
Fleet Management Market Share, Size, Trends, And Business Opportunity Analysis Report 2019
include historic data, with forecast data to 2023. Fleet Management Market report is helpful for
future strategy development, and to know about Market Drivers, Restraints, Opportunities, And
Global market key players forecast to 2023
Global Fleet Management Market Information Report by Deployment Type (Cloud, On-
Premises, Hybrid), by Management type (Driver Management, Asset Management, Operation
Management), by Connectivity Type (Satellite Navigation, Cellular System), by Services
(Managed Services, Integration and Deployment services, Professional services) and by Regions
- Global Forecast To 2023
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Market Scenario:
Fleet management is the process of managing vehicle fleet in an organization. Mismanaging a
vehicle fleet can have significant effect on an organized operation. Fleet management typically
includes vehicles such as trucks, cars and corporate fleets, commercial and freight aircrafts,
buses and trams and also container ships. Fleet management includes operations such as
vehicle tracking, mechanical diagnostics and also driver behavior. Furthermore, vehicle tracking
and diagnostics include risk management, fuel management, telematics and accident
management. Fleet management is predominantly used in sectors such as oil and gas,
chemicals, mining, construction, retail and logistics, utilities, public and private transport, waste
management and service sectors.
The market is driven by the continuous increase in the demand for logistics and transport. The
determiners of the growth of the market are the fluctuating fuel costs, connectivity issues,
demand to meet pollution targets and operational efficiency. With fleet management,
organizations can have better access to plan maintenance of vehicles, enhanced driver safety,
proper routing of fleets that can all ultimately lead to effective operations of the fleet. Adding
to that, vehicle connectivity and smart transportation are increasingly helping organizations to
ensure safety operations of the fleets. Fleet management also helps in higher efficiency,
consistent performances and ultimately reduced costs.
Fleet Management Market is expected to grow at a CAGR of 22% during the forecast period.
Fleet Management Market – Segmentation