Global Fleet Management Software Market

Description

Fleet management softwaresfacilitate enterprises to track and maintain their vehicles in a cost-effective, quick, and accessible way. It includes functions such as vehicle tracking & diagnostics, financing, driver management, and others. It helps business organizations that rely greatly on transportation to lower or completely eliminate the risks associated with staff cost, operations, and others. Reduced fuel & overall running costs, enhanced safety, and optimized fleet operations, with real-time fleet tracking and monitoring are the advantages offered by fleet management.

Technology

A fleet management system comprises the integration of hardware, software, and communication technologies. It gives a platform to fleet operators to efficiently control, track, and monitor commercial vehicles. The systemenhances the overall operational efficiency by reducing the non-value-added activities of the operators. Fuel cards monitor fuel management while driver safety systems are used to check driver behaviour. There are other solutions that are employed for locational tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments.

Market Dynamics

The significant driver for global fleet management market is an increase in demand for logistics and transport. Fleet management solutions offer numerous benefits such as improved maintenance planning, vehicle performance and schedule of fleet routing which improves the fleet safety and also customer satisfaction. Connected vehicles and smart transportations solution by various organisations are other factors that drive the market for fleet management solutions. The need to streamline operations for greater connectivity and reduce the hardware cost needed to perform the task of fleet management also act as drivers in the market. However, challenges like promoting safety, greater compliance standards, lesser integrity of data, lesser flexibility, less transparency, less follow-ups and greater efficiency expectations can turn into major obstacles if not tackled at the right time. Lack of awareness among fleet owners is another issue to be dealt with.

Market Segmentation

Global Fleet Management market is divided based on the type of solution, type of Deployment, and based on service.In terms of type of solution, Global Fleet Management market is segmented to Operation management, Asset management, and Driver management. On the basis of the type of deployment,the market is fragmented to Cloud, On-premise, and Hybrid.Based on the services offered,the Global Fleet Management market is splitinto Professional services, Integration and deployment service, and Managed services.

Geographic Analysis

Majority of the Fleet Management market is dominated by North America due to the early adoption of fleet management technologies by various organizations, majorly for commercial vehicles in this region. Advancements in technology and application deployments along with government regulations, policies, and mandates for the different applications of fleet management are projected to drive the market growth in North America. Europe and Asia pacific follow which also share a significant market due of growth of online retail.

Key Players

Some of the major industry players include Fleetmatics, Garmin, Accenture, Masternaut, IBM Corporation, Qualcomm, Motorola Solutions, TomTom, Trimble navigation, Mixtelematics, Fleet Management, Daimler, Oracle, Toyota, CAT, Scania, JDA Software, E-Drive Technology, Garmin Ltd, Freeway Fleet Systems, Chevin Fleet, BW Fleet Management, FML World, Höegh LNG, BP Global, LeasePlan, Mercury Associates Inc, Enterprise Fleet Management, Verizon, SMH Fleet Solutions, Total Motion Vehicle Management, FMG, Mycompanyfleet, Nexfleet, Wheels Inc, Union Leasing Inc, TPC Management Company, Total Motion Ltd, TKS Tankkarten service, The Motorlease Corp, Southeastern Fleet Management, GPS Fleet Solutions, Go Fleet Canada, EMKAY Inc, BBL Fleet, and ABS National Auto Services.

Report ContentsRegional AnalysisReport Highlights
  • Market segments
  • Market Drivers, Restraints and Opportunities
  • Market Size & Forecast 2016 to 2022
  • Supply & Demand Value Chain
  • Market – Current Trends
  • Competition & Major Companies
  • Technology and R&D Status
  • Porters Five Force Analysis
  • Strategic and Critical Success Factor Analysis of Key Players
  • North America
    • US and Canada
  • Latin America
    • Mexico, Brazil, Argentina and Rest of Latin America
  • Western Europe
    • EU5 (Germany, France, Italy, Spain, U.K.)
    • Nordic Countries (Denmark, Finland, Norway, and Sweden)
    • Benelux (Belgium, The Netherlands, and Luxembourg)
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia and New Zealand
    • Rest of Asia Pacific
  • Middle East and Africa
    • GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
    • South Africa
    • North Africa
    • Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

  • Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
  • Consumer and Pricing Analysis
  • Market dynamics of the industry
  • Market Segmentation
  • Estimated Market Sizing in terms of volume and value
  • Recent trends in Market and impact
  • Research Status and Technology Overview
  • Extensive Industry Structure Coverage

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Industry Analysis, Forecasts and Opportunity Assessment (2017-2022)

  • Market Trends, Dynamics and Regulatory Framework
  • Regional and Cross-segment Sales Figures
  • Extensive Industry Structure Coverage

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