Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Smart Fleet Management Market Research Report - Gl
Smart Fleet Management Market 2018
Smart Fleet Management Market Share, Size, Trends, And Business Opportunity Analysis Report
2018 include historic data, with forecast data to 2023. Smart Fleet Management Market report
is helpful for future strategy development, and to know about Market Drivers, Restraints,
Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Global Smart Fleet Management Market Information Report by Transportation (Automotive,
Rolling Stock, Marine), by Hardware (Tracking, Optimization, ADAS, and Diagnostic), by Solution
(Tracking and Optimization), and by Regions - Global Forecast To 2023
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Market Scenario
Smart fleet management, essentially, a system through which operators keep track of variable
factors such as fuel consumption, maintenance and route management. Smart fleet
management systems provide a dedicated server for fleet data and security in a single system,
which enables operators to analyze and make informed and cost effective decisions or enhance
safety. Such availability of integrated data through smart fleet management systems attract
customers, toward these solutions, across the globe. With the entire automotive industry
pushing for higher fuel efficiency in vehicles combined with high speed networks, the market
for smart fleet management is expected to witness significant growth during the forecast
period. Rising demand for connectivity and government regulations are expected to augment
the smart fleet management market. Reduction of both, transportation cost and operating cost
has come forth as a major trend in the automotive industry, which encourages the players in
the smart fleet management market.
High costs associated with the smart fleet management systems is expected act as a major
hindrance for the market. Additionally, continuous increase in fleet sizes and travel routes,
successively, result in higher complexity of the system, which is expected to act as another
major restraint for the smart fleet management market.
Key Players
The key players of global smart fleet management market are Harman International Industries,
Inc., Robert Bosch GmbH., Siemens AG, Denso Corporation, IBM Corporation, Continental AG,
Cisco Systems, Inc., Sierra Wireless, Inc., Calamp Corp., OTTO Marine Ltd., Precious Shipping Co.
Ltd., and Globecomm Systems, Inc. In 2016, these companies accounted for a share of XX% of
the global market.