The global Fleet Management Functions and Solutions market size was valued at US$ 9435 million in 2024 and is forecast to a readjusted size of USD 19640 million by 2031 with a CAGR of 10.8% during review period.
Fleet management refers to basic systems that provide vehicle surveillance which help manage and operate modern vehicle fleets. Fleet management aims to maximize efficiency, increase productivity and improve safety for an organization's vehicles and drivers. Often this achieved using a combination of vehicle tracking, reporting on fuel consumption, monitoring of driver behaviour and management of vehicle maintenance. This report mainly studies fleet management functions and solutions market.
As technology continues to evolve, more and more data is created, artificial intelligence (AI) can help us meet the challenge. AI factors in prediction with cause and effect and anticipation to streamline fleet management. AI technology is already disrupting the way we move people and goods. From observing traffic patterns to reducing fuel cost and optimizing driving routes to reducing traffic accidents. AI is creating opportunities to make transport safer, more reliable more efficient and cleaner. IoT in fleet monitoring can help improve savings, manageability, and visibility in passenger-load and cargo vehicles. The Internet of Things (IoT) helps in smooth connectivity of all the vehicles in a fleet, which not only helps to gain better insight into the driver's behavior but also assists in monitoring the health of the fleet from any device. Rising demand for fleet safety and data management coupled with the growing need to reduce the total cost of ownership (TCO) and achieve fuel efficiency are anticipated to drive the adoption of IoT technology in fleet management systems.
This report is a detailed and comprehensive analysis for global Fleet Management Functions and Solutions market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Fleet Management Functions and Solutions market size and forecasts, in consumption value ($ Million), 2020-2031
Global Fleet Management Functions and Solutions market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Fleet Management Functions and Solutions market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Fleet Management Functions and Solutions market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Fleet Management Functions and Solutions
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Fleet Management Functions and Solutions market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Verizon Connect, Trimble, Geotab, Motive Technologies, Omnitracs (Solera), Beijing Chinaway Technology, Bridgestone, Holman Automotive, Mix Telematics, PowerFleet, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Fleet Management Functions and Solutions market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vehicle Management
Driver Management
Others
Market segment by Application
Transport & Logistics
Commercial Fleet
Others
Market segment by players, this report covers
Verizon Connect
Trimble
Geotab
Motive Technologies
Omnitracs (Solera)
Beijing Chinaway Technology
Bridgestone
Holman Automotive
Mix Telematics
PowerFleet
Microlise Holdings
ZF Transics
Orbcomm
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Fleet Management Functions and Solutions product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Fleet Management Functions and Solutions, with revenue, gross margin, and global market share of Fleet Management Functions and Solutions from 2020 to 2025.
Chapter 3, the Fleet Management Functions and Solutions competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Fleet Management Functions and Solutions market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Fleet Management Functions and Solutions.
Chapter 13, to describe Fleet Management Functions and Solutions research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Fleet Management Functions and Solutions by Type
1.3.1 Overview: Global Fleet Management Functions and Solutions Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Fleet Management Functions and Solutions Consumption Value Market Share by Type in 2024
1.3.3 Vehicle Management
1.3.4 Driver Management
1.3.5 Others
1.4 Global Fleet Management Functions and Solutions Market by Application
1.4.1 Overview: Global Fleet Management Functions and Solutions Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Transport & Logistics
1.4.3 Commercial Fleet
1.4.4 Others
1.5 Global Fleet Management Functions and Solutions Market Size & Forecast
1.6 Global Fleet Management Functions and Solutions Market Size and Forecast by Region
1.6.1 Global Fleet Management Functions and Solutions Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Fleet Management Functions and Solutions Market Size by Region, (2020-2031)
1.6.3 North America Fleet Management Functions and Solutions Market Size and Prospect (2020-2031)
1.6.4 Europe Fleet Management Functions and Solutions Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Fleet Management Functions and Solutions Market Size and Prospect (2020-2031)
1.6.6 South America Fleet Management Functions and Solutions Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Fleet Management Functions and Solutions Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Verizon Connect
2.1.1 Verizon Connect Details
2.1.2 Verizon Connect Major Business
2.1.3 Verizon Connect Fleet Management Functions and Solutions Product and Solutions
2.1.4 Verizon Connect Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Verizon Connect Recent Developments and Future Plans
2.2 Trimble
2.2.1 Trimble Details
2.2.2 Trimble Major Business
2.2.3 Trimble Fleet Management Functions and Solutions Product and Solutions
2.2.4 Trimble Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Trimble Recent Developments and Future Plans
2.3 Geotab
2.3.1 Geotab Details
2.3.2 Geotab Major Business
2.3.3 Geotab Fleet Management Functions and Solutions Product and Solutions
2.3.4 Geotab Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Geotab Recent Developments and Future Plans
2.4 Motive Technologies
2.4.1 Motive Technologies Details
2.4.2 Motive Technologies Major Business
2.4.3 Motive Technologies Fleet Management Functions and Solutions Product and Solutions
2.4.4 Motive Technologies Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Motive Technologies Recent Developments and Future Plans
2.5 Omnitracs (Solera)
2.5.1 Omnitracs (Solera) Details
2.5.2 Omnitracs (Solera) Major Business
2.5.3 Omnitracs (Solera) Fleet Management Functions and Solutions Product and Solutions
2.5.4 Omnitracs (Solera) Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Omnitracs (Solera) Recent Developments and Future Plans
2.6 Beijing Chinaway Technology
2.6.1 Beijing Chinaway Technology Details
2.6.2 Beijing Chinaway Technology Major Business
2.6.3 Beijing Chinaway Technology Fleet Management Functions and Solutions Product and Solutions
2.6.4 Beijing Chinaway Technology Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Beijing Chinaway Technology Recent Developments and Future Plans
2.7 Bridgestone
2.7.1 Bridgestone Details
2.7.2 Bridgestone Major Business
2.7.3 Bridgestone Fleet Management Functions and Solutions Product and Solutions
2.7.4 Bridgestone Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Bridgestone Recent Developments and Future Plans
2.8 Holman Automotive
2.8.1 Holman Automotive Details
2.8.2 Holman Automotive Major Business
2.8.3 Holman Automotive Fleet Management Functions and Solutions Product and Solutions
2.8.4 Holman Automotive Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Holman Automotive Recent Developments and Future Plans
2.9 Mix Telematics
2.9.1 Mix Telematics Details
2.9.2 Mix Telematics Major Business
2.9.3 Mix Telematics Fleet Management Functions and Solutions Product and Solutions
2.9.4 Mix Telematics Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Mix Telematics Recent Developments and Future Plans
2.10 PowerFleet
2.10.1 PowerFleet Details
2.10.2 PowerFleet Major Business
2.10.3 PowerFleet Fleet Management Functions and Solutions Product and Solutions
2.10.4 PowerFleet Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 PowerFleet Recent Developments and Future Plans
2.11 Microlise Holdings
2.11.1 Microlise Holdings Details
2.11.2 Microlise Holdings Major Business
2.11.3 Microlise Holdings Fleet Management Functions and Solutions Product and Solutions
2.11.4 Microlise Holdings Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Microlise Holdings Recent Developments and Future Plans
2.12 ZF Transics
2.12.1 ZF Transics Details
2.12.2 ZF Transics Major Business
2.12.3 ZF Transics Fleet Management Functions and Solutions Product and Solutions
2.12.4 ZF Transics Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 ZF Transics Recent Developments and Future Plans
2.13 Orbcomm
2.13.1 Orbcomm Details
2.13.2 Orbcomm Major Business
2.13.3 Orbcomm Fleet Management Functions and Solutions Product and Solutions
2.13.4 Orbcomm Fleet Management Functions and Solutions Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Orbcomm Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Fleet Management Functions and Solutions Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Fleet Management Functions and Solutions by Company Revenue
3.2.2 Top 3 Fleet Management Functions and Solutions Players Market Share in 2024
3.2.3 Top 6 Fleet Management Functions and Solutions Players Market Share in 2024
3.3 Fleet Management Functions and Solutions Market: Overall Company Footprint Analysis
3.3.1 Fleet Management Functions and Solutions Market: Region Footprint
3.3.2 Fleet Management Functions and Solutions Market: Company Product Type Footprint
3.3.3 Fleet Management Functions and Solutions Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Fleet Management Functions and Solutions Consumption Value and Market Share by Type (2020-2025)
4.2 Global Fleet Management Functions and Solutions Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Fleet Management Functions and Solutions Consumption Value Market Share by Application (2020-2025)
5.2 Global Fleet Management Functions and Solutions Market Forecast by Application (2026-2031)
6 North America
6.1 North America Fleet Management Functions and Solutions Consumption Value by Type (2020-2031)
6.2 North America Fleet Management Functions and Solutions Market Size by Application (2020-2031)
6.3 North America Fleet Management Functions and Solutions Market Size by Country
6.3.1 North America Fleet Management Functions and Solutions Consumption Value by Country (2020-2031)
6.3.2 United States Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
6.3.3 Canada Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
6.3.4 Mexico Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Fleet Management Functions and Solutions Consumption Value by Type (2020-2031)
7.2 Europe Fleet Management Functions and Solutions Consumption Value by Application (2020-2031)
7.3 Europe Fleet Management Functions and Solutions Market Size by Country
7.3.1 Europe Fleet Management Functions and Solutions Consumption Value by Country (2020-2031)
7.3.2 Germany Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
7.3.3 France Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
7.3.5 Russia Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
7.3.6 Italy Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Fleet Management Functions and Solutions Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Fleet Management Functions and Solutions Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Fleet Management Functions and Solutions Market Size by Region
8.3.1 Asia-Pacific Fleet Management Functions and Solutions Consumption Value by Region (2020-2031)
8.3.2 China Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
8.3.3 Japan Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
8.3.4 South Korea Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
8.3.5 India Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
8.3.7 Australia Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
9 South America
9.1 South America Fleet Management Functions and Solutions Consumption Value by Type (2020-2031)
9.2 South America Fleet Management Functions and Solutions Consumption Value by Application (2020-2031)
9.3 South America Fleet Management Functions and Solutions Market Size by Country
9.3.1 South America Fleet Management Functions and Solutions Consumption Value by Country (2020-2031)
9.3.2 Brazil Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
9.3.3 Argentina Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Fleet Management Functions and Solutions Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Fleet Management Functions and Solutions Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Fleet Management Functions and Solutions Market Size by Country
10.3.1 Middle East & Africa Fleet Management Functions and Solutions Consumption Value by Country (2020-2031)
10.3.2 Turkey Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
10.3.4 UAE Fleet Management Functions and Solutions Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Fleet Management Functions and Solutions Market Drivers
11.2 Fleet Management Functions and Solutions Market Restraints
11.3 Fleet Management Functions and Solutions Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Fleet Management Functions and Solutions Industry Chain
12.2 Fleet Management Functions and Solutions Upstream Analysis
12.3 Fleet Management Functions and Solutions Midstream Analysis
12.4 Fleet Management Functions and Solutions Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Verizon Connect
Trimble
Geotab
Motive Technologies
Omnitracs (Solera)
Beijing Chinaway Technology
Bridgestone
Holman Automotive
Mix Telematics
PowerFleet
Microlise Holdings
ZF Transics
Orbcomm
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*If Applicable.