Global Smart Fleet Management Industry Report by Transportation, Hardware, Solution and Regions
1. Summary
Global Smart Fleet Management Industry 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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Competitive Analysis
The global Smart Fleet Management Industry is dominated by companies such as Globecomm Systems
Inc., Precious Shipping Co. Ltd., OTTO Marine Ltd., CalAmp Corp., Sierra Wireless Inc., Cisco Systems Inc.,
Continental AG, IBM Corporation, Denso Corporation, Siemens AG, Robert Bosch GmbH, and Harman
International Industries Inc.
In April 2019, CalAmp acquired Synovia Solutions, a leading provider of fleet tracking solutions and a
longtime collaborator with CalAmp.
Segmentation
The global Smart Fleet Management Industry is segmented on the basis of transportation type, hardware,
solution, and region.
By transportation type, the global Smart Fleet Management Industry is segmented into automotive, rolling
stock, and marine.
By hardware, the global Smart Fleet Management Industry is segmented into tracking, optimization,
ADAS, and diagnostic.
By solution, the global Smart Fleet Management Industry is segmented into tracking and optimization.
Regional Analysis
Asia Pacific is likely to retain a major share in the global Smart Fleet Management Industry over the
forecast period. The growing urbanization and industrialization in Asia Pacific has driven the demand for
smart, efficient tracking mechanisms for shipping companies. The steady improvement in transportation
facilities and infrastructure in countries such as China, India, Indonesia, Malaysia, and Singapore is likely
to be a major driver for the global Smart Fleet Management Industry over the forecast period. The growing
number of software development companies in the region and the growing research prospects in the
Internet of Things (IoT) are also likely to be a major driver for the Smart Fleet Management Industry in
Asia Pacific over the forecast period, as this is likely to enable smooth incorporation of technological
advances into the practical solutions.
Growing government support for solutions that make transportation safer and more reliable across the
board is likely to be a major driver for the smart fleet management solutions market in Asia Pacific. Driver
safety has become a major topic in transportation applications over the last few years, with several
governments issuing supportive regulations that could enable strong progress of the Smart Fleet
Management Industry over the forecast period.
2. North America and Europe are also likely to hold on to major shares in the global Smart Fleet Management
Industry over the forecast period due to the early mover advantage, which has seen widespread
installation of advanced smart fleet management solutions in these regions.
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