Global Fleet Management Market is set to Reach USD 24.6 Billion by 2024

According to Goldstein Research, major driver in global fleet management market is growing demand for logistics and transport services owing to rising trade activities between countries and rising ecommerce business across the globe which has set fleet management market to reach USD 24.6 billion by 2024 growing at a CAGR of 16.2% during 2016–2024. Fleet management solutions provide various benefits such as improved maintenance planning, vehicle performance and schedule of fleet routing which enhances the fleet safety and also customer satisfaction. Further, the market is majorly accelerated by the growing ecommerce business and cab services across the globe which has significantly augmented the need for efficient fleet management solutions.

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Market Segmentation

On the basis of our in-depth analysis, global automotive fleet management market can be segmented as follows:

By Solution Type

  • Operations Management
  • Driver Management
  • Vehicle Maintenance & Leasing
  • Safety & Compliance Management

By Deployment Type

  • On-Cloud
  • On-Premises

By Component Type

  • Software
  • Hardware
  • Services

By Fleet Type

  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Passenger Vehicles

By End Users

  • Government
  • Transportation & Logistics
  • Mining and Construction
  • Energy Sector
  • Others (Manufacturing etc.)

Based on Geography

  • North America (U.S. & Canada) Automotive fleet management Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Automotive fleet management Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Automotive fleet management Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Automotive fleet management Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Automotive fleet management Market {Market Share (%), Market Size(USD Billion)}

Automotive Fleet Management Market Report by Goldstein Research contains detailed overview of the global automotive fleet management market. The report also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe.

Further, for the in-depth analysis, Global Automotive Fleet Management Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Fleetmatics Group, TeleNav, TomTom International, Trimble Navigation, AT&T, Donlen Corporation. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global automotive fleet management market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

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Key queries countered in this global automotive fleet management market report

  • What is the global automotive fleet management market size by 2024 and what would be the expected growth rate of sales?
  • What are the automotive fleet management market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to automotive fleet management market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?

About Goldstein Research

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Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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