The global fleet management system market size reached US$ 23.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.5% during 2023-2028. More Info:- https://www.imarcgroup.com/fleet-management-system-market

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Global Fleet Management
System Market Research and
Forecast Report 2023-2028
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Global Fleet Management System Market Research Report:
The latest report by IMARC, titled “Fleet Management System Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2023-2028” the global fleet management system market is
expected to exhibit a CAGR of 10.5% during.
Fleet management (FM) refers to the handling of commercial automobiles, which enables enterprises
to track and maintain their vehicles in a quick and cost-effective way. There are three basic
components of this system, namely position and material monitoring; equipment assigning and
production monitoring; and optimization. FM systems allow transportation-dependent companies to
reduce or eliminate the risks associated with vehicle investment and staff costs. They also assist in
financing, vehicle tracking and diagnostics, and fuel management, and provide maximum compliance
with government legislation. Due to these advantages, FM systems find applications in a wide range of
sectors, such as manufacturing, construction, utilities, retail, and logistics.
Request Free Sample Report: https://www.imarcgroup.com/fleet-management-system-
market/requestsample

4. Report Description
Report Description and Highlights
Global Fleet Management System Market Trends:
One of the major factors influencing the growth of the market is the integration of cloud-based software programs
and wireless technology in FM systems, along with advancements in 4G and 5G networks. These technologies help in
enhancing productivity, covering a wide area for a seamless connection, and offering quick responses. Moreover, FM
solutions are now being utilized for medium- and large-scale fleets to streamline operations.
Along with this, the implementation of favorable policies and rising concerns toward the increasing incidences of road
accidents are also catalyzing the market growth. For instance, the Government of the United States is assessing the
potential of telematics to reduce accidents. Furthermore, increasing awareness about the efficiency and cost benefits
of FM systems is expected to attract more customers. Technological innovations, such as in-vehicle cameras and GPS
with telematics compatibility, are further anticipated to create a positive outlook for the market.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).

5. Report Description
Report Description and Highlights
Market Summary:
Component Insights:
• Solutions
• Fleet Telematics
• Driver Information Management
• Vehicle Maintenance
• Safety and Compliance Management
• Others
• Services
• Installation and Integration Services
• After-Sales Support Services
• Consulting Services
Vehicle Type Insights:
• Commercial Vehicles
• Passenger Cars
• Aircrafts
• Watercrafts

6. Report Description
Report Description and Highlights
End Use Sector Insights:
• Automotive
• Energy & Utilities
• Manufacturing
• Retail
• Transportation and Logistics
• Construction
• Others
Technology Insights:
• GNSS
• Cellular Systems
Deployment Type Insights:
• Cloud-based
• On-premises
• Hybrid
Regional Insights:

7. Report Description
Report Description and Highlights
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America

8. Report Description
Report Description and Highlights
• Brazil
• Mexico
• Others
• Middle East and Africa

9. Competitive Landscape with Key Players:
• AT&T Inc
• Geotab
• I.D. Systems
• IBM Corporation
• Inseego Corporation
• Mix Telematics Ltd.
• Omnitracs LLC
• TomTom N.V.
• Trimble Inc.
• Verizon Communications
• Wheels Inc.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/fleet-management-
system-market
Report Description
Report Description and Highlights

10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

11. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

12. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
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their respective companies.

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