
The global market for Fleet Management Functions and Solutions was valued at US$ 10300 million in the year 2024 and is projected to reach a revised size of US$ 21290 million by 2031, growing at a CAGR of 11.1% during the forecast 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 aims to provide a comprehensive presentation of the global market for Fleet Management Functions and Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fleet Management Functions and Solutions.
The Fleet Management Functions and Solutions market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Fleet Management Functions and Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Fleet Management Functions and Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Verizon Connect
Trimble
Geotab
Motive Technologies
Omnitracs (Solera)
Beijing Chinaway Technology
Bridgestone
Holman Automotive
Mix Telematics
PowerFleet
Microlise Holdings
ZF Transics
Orbcomm
Segment by Type
Vehicle Management
Driver Management
Others
Segment by Application
Transport & Logistics
Commercial Fleet
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Fleet Management Functions and Solutions company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Fleet Management Functions and Solutions Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Vehicle Management
1.2.3 Driver Management
1.2.4 Others
1.3 Market by Application
1.3.1 Global Fleet Management Functions and Solutions Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Transport & Logistics
1.3.3 Commercial Fleet
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Fleet Management Functions and Solutions Market Perspective (2020-2031)
2.2 Global Fleet Management Functions and Solutions Growth Trends by Region
2.2.1 Global Fleet Management Functions and Solutions Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Fleet Management Functions and Solutions Historic Market Size by Region (2020-2025)
2.2.3 Fleet Management Functions and Solutions Forecasted Market Size by Region (2026-2031)
2.3 Fleet Management Functions and Solutions Market Dynamics
2.3.1 Fleet Management Functions and Solutions Industry Trends
2.3.2 Fleet Management Functions and Solutions Market Drivers
2.3.3 Fleet Management Functions and Solutions Market Challenges
2.3.4 Fleet Management Functions and Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Fleet Management Functions and Solutions Players by Revenue
3.1.1 Global Top Fleet Management Functions and Solutions Players by Revenue (2020-2025)
3.1.2 Global Fleet Management Functions and Solutions Revenue Market Share by Players (2020-2025)
3.2 Global Fleet Management Functions and Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Fleet Management Functions and Solutions Revenue
3.4 Global Fleet Management Functions and Solutions Market Concentration Ratio
3.4.1 Global Fleet Management Functions and Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Fleet Management Functions and Solutions Revenue in 2024
3.5 Global Key Players of Fleet Management Functions and Solutions Head office and Area Served
3.6 Global Key Players of Fleet Management Functions and Solutions, Product and Application
3.7 Global Key Players of Fleet Management Functions and Solutions, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Fleet Management Functions and Solutions Breakdown Data by Type
4.1 Global Fleet Management Functions and Solutions Historic Market Size by Type (2020-2025)
4.2 Global Fleet Management Functions and Solutions Forecasted Market Size by Type (2026-2031)
5 Fleet Management Functions and Solutions Breakdown Data by Application
5.1 Global Fleet Management Functions and Solutions Historic Market Size by Application (2020-2025)
5.2 Global Fleet Management Functions and Solutions Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Fleet Management Functions and Solutions Market Size (2020-2031)
6.2 North America Fleet Management Functions and Solutions Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Fleet Management Functions and Solutions Market Size by Country (2020-2025)
6.4 North America Fleet Management Functions and Solutions Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Fleet Management Functions and Solutions Market Size (2020-2031)
7.2 Europe Fleet Management Functions and Solutions Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Fleet Management Functions and Solutions Market Size by Country (2020-2025)
7.4 Europe Fleet Management Functions and Solutions Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Fleet Management Functions and Solutions Market Size (2020-2031)
8.2 Asia-Pacific Fleet Management Functions and Solutions Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Fleet Management Functions and Solutions Market Size by Region (2020-2025)
8.4 Asia-Pacific Fleet Management Functions and Solutions Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Fleet Management Functions and Solutions Market Size (2020-2031)
9.2 Latin America Fleet Management Functions and Solutions Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Fleet Management Functions and Solutions Market Size by Country (2020-2025)
9.4 Latin America Fleet Management Functions and Solutions Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Fleet Management Functions and Solutions Market Size (2020-2031)
10.2 Middle East & Africa Fleet Management Functions and Solutions Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Fleet Management Functions and Solutions Market Size by Country (2020-2025)
10.4 Middle East & Africa Fleet Management Functions and Solutions Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Verizon Connect
11.1.1 Verizon Connect Company Details
11.1.2 Verizon Connect Business Overview
11.1.3 Verizon Connect Fleet Management Functions and Solutions Introduction
11.1.4 Verizon Connect Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.1.5 Verizon Connect Recent Development
11.2 Trimble
11.2.1 Trimble Company Details
11.2.2 Trimble Business Overview
11.2.3 Trimble Fleet Management Functions and Solutions Introduction
11.2.4 Trimble Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.2.5 Trimble Recent Development
11.3 Geotab
11.3.1 Geotab Company Details
11.3.2 Geotab Business Overview
11.3.3 Geotab Fleet Management Functions and Solutions Introduction
11.3.4 Geotab Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.3.5 Geotab Recent Development
11.4 Motive Technologies
11.4.1 Motive Technologies Company Details
11.4.2 Motive Technologies Business Overview
11.4.3 Motive Technologies Fleet Management Functions and Solutions Introduction
11.4.4 Motive Technologies Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.4.5 Motive Technologies Recent Development
11.5 Omnitracs (Solera)
11.5.1 Omnitracs (Solera) Company Details
11.5.2 Omnitracs (Solera) Business Overview
11.5.3 Omnitracs (Solera) Fleet Management Functions and Solutions Introduction
11.5.4 Omnitracs (Solera) Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.5.5 Omnitracs (Solera) Recent Development
11.6 Beijing Chinaway Technology
11.6.1 Beijing Chinaway Technology Company Details
11.6.2 Beijing Chinaway Technology Business Overview
11.6.3 Beijing Chinaway Technology Fleet Management Functions and Solutions Introduction
11.6.4 Beijing Chinaway Technology Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.6.5 Beijing Chinaway Technology Recent Development
11.7 Bridgestone
11.7.1 Bridgestone Company Details
11.7.2 Bridgestone Business Overview
11.7.3 Bridgestone Fleet Management Functions and Solutions Introduction
11.7.4 Bridgestone Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.7.5 Bridgestone Recent Development
11.8 Holman Automotive
11.8.1 Holman Automotive Company Details
11.8.2 Holman Automotive Business Overview
11.8.3 Holman Automotive Fleet Management Functions and Solutions Introduction
11.8.4 Holman Automotive Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.8.5 Holman Automotive Recent Development
11.9 Mix Telematics
11.9.1 Mix Telematics Company Details
11.9.2 Mix Telematics Business Overview
11.9.3 Mix Telematics Fleet Management Functions and Solutions Introduction
11.9.4 Mix Telematics Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.9.5 Mix Telematics Recent Development
11.10 PowerFleet
11.10.1 PowerFleet Company Details
11.10.2 PowerFleet Business Overview
11.10.3 PowerFleet Fleet Management Functions and Solutions Introduction
11.10.4 PowerFleet Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.10.5 PowerFleet Recent Development
11.11 Microlise Holdings
11.11.1 Microlise Holdings Company Details
11.11.2 Microlise Holdings Business Overview
11.11.3 Microlise Holdings Fleet Management Functions and Solutions Introduction
11.11.4 Microlise Holdings Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.11.5 Microlise Holdings Recent Development
11.12 ZF Transics
11.12.1 ZF Transics Company Details
11.12.2 ZF Transics Business Overview
11.12.3 ZF Transics Fleet Management Functions and Solutions Introduction
11.12.4 ZF Transics Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.12.5 ZF Transics Recent Development
11.13 Orbcomm
11.13.1 Orbcomm Company Details
11.13.2 Orbcomm Business Overview
11.13.3 Orbcomm Fleet Management Functions and Solutions Introduction
11.13.4 Orbcomm Revenue in Fleet Management Functions and Solutions Business (2020-2025)
11.13.5 Orbcomm Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 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.
