SHARE

Global smart fleet management market is expected to reach USD 486.45 Billion by 2025, at a CAGR of 8.47% from 2018 to 2025. Government regulations, rising adoption of smart fleet management in telematics and autonomous vehicles, need of high speed network, government agencies are investing in intelligent transport systems and mandating the use of connected technologies are the major trends for the demand of the market.

Market Overview: Fleet administrators track vehicles progressively to reduce inactive time and transportation costs and accordingly increment the operational efficiency. The need for the powerful fleet tracking, real time inspection, and security has increased the demand for the smart fleet management. These management systems help drivers with decision making power by providing the visibility over the fleets. Likewise, the information produced from fleet management can be downloaded to examine and settle on a practical choice or improve security or accept choices according to necessity. For instance, Smart Cube launched a new smart fleet product that helps fleet managers to have multiple data sources for having improved visibility for their fleets. Thus, the market for smart fleet management is expanded due to the increasing adoption of smart telematics and autonomous vehicles.

To Get Free Sample Report Visit @ https://researchstore.biz/report/global-smart-fleet-management-market/71598/#requestforsample

Report Description:

  • The base year for the study has been considered 2017, historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025.
  • The report provides the technological road map in order to understand the present and future scenario of the market.
  • The study delivers a comprehensive analysis of global Smart fleet management market by transportation, hardware, connectivity, solution, and regions.
  • The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global Smart fleet management market. This report incorporates the industry analysis which is focused on providing an extensive view of the Smart fleet management market.
  • The study also includes attractiveness analysis of transportation, hardware, connectivity, solution, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the Smart fleet management market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.


Global Smart fleet management Market Key Findings: All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis: The smart fleet management market is segmented on the basis of transportation, hardware, connectivity, and solution.

  • Transportation segment covers automotive, rolling stock, and marine. The automotive segment is dominating the smart fleet management market with market size of USD 145.93 Billion in 2017. The increase in demand for smart automotive and adoption of electric vehicle will drive the automotive segment in the forecast period.
  • Hardware segment includes tracking, optimization, ADAS, and diagnostic. ADAS segment is anticipated to grow with the highest CAGR of 10.48% over the forecast period. The ADAS systems have higher adaptability in all passenger cars which is the key factor to drive the demand of ADAS segment.
  • Connectivity segment is divided into short, long, and cloud. The cloud segment held the largest market share of 55.14% in the year 2017. The advanced vehicle ecosystem and emergence of driving assistance technologies using cloud services are key factors for the growing demand of cloud segment.
  • Solution segment is divided into tracking and optimization. Tracking segment held the market share of 55.34% in 2017. With the help of tracking, fleet can be easily managed and it can also help in keeping the real time track of the fleets.


Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The Asia Pacific region valued around USD 75.24 Billion in 2017 where as the Europe region held the second dominant position in the global smart fleet management market

  • The changing government approach towards fleet operators, driver, passenger, and goods safety imposed many regulations related to fleet management, these were some of the factors that led to the growth of smart fleet management market in Asia Pacific region This region is dominating the smart fleet management market with market size of USD 183.09 Billion in 2017.
  • Europe is the fastest growing region due to the increasing adoption of automotive as well as government rules for reducing the accidents of vehicles, these factors are creating opportunity for the growth of the market.


Global Smart fleet management Market Competitive Analysis:
Key players in the Smart fleet management market are Continental AG, Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, General Motors, BMW, Hyundai Motors, Precious Shipping Company Private Limited, Otto Marine Limited, Workwave LLC, Zonar Systems, and others. The Continental AG, Denso Corporation, Robert Bosch GmbH, and General Motors are the top leading players of the market. For instance, in 2016, Continental acquired Zonar, a smart fleet management technology provider company. This acquisition added smart fleet management solutions to Continental’s portfolio.

To Get Complete Information Visit @ https://researchstore.biz/report/global-smart-fleet-management-market/71598/

Global Smart Fleet Management Market, By Transportation

  • Automotive
  • Rolling Stock
  • Marine

Global Smart Fleet Management Market, By Hardware

  • Tracking
  • Optimization
  • ADAS
  • Diagnostic

Global Smart Fleet Management Market, By Connectivity:

  • Short
  • Long
  • Cloud

Global Smart Fleet Management Market, By Solution:

  • Tracking
  • Optimization

Global Smart Fleet Management Market, By Regions:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherlands
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of Middle East and Africa


Do Inquiry Before Buying @
https://researchstore.biz/report/global-smart-fleet-management-market/71598/#inquiry

*All our reports are customizable as per customer requirements. Please connect with our sales team (sales@researchstore.biz).