Market Research Report
Global Commercial Vehicle Fleet Management System Market 2022-2026
|Global Commercial Vehicle Fleet Management System Market 2022-2026|
Published: April 21, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the commercial vehicle fleet management system market and it is poised to grow by $ 8.16 billion during 2022-2026, accelerating at a CAGR of 7.64% during the forecast period. Our report on the commercial vehicle fleet management system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by high-cost pressure on fleet operators, integration of video-based safety system to improve driver behavior, and growing focus on efficient use of data to enhance fleet management.
The commercial vehicle fleet management system market analysis includes the product segment and geographic landscape.
Technavio's commercial vehicle fleet management system market is segmented as below:
This study identifies the growing popularity of 360 degree fleet management system (FMS) as one of the prime reasons driving the commercial vehicle fleet management system market growth during the next few years. Also, the collaboration of OEMs and Tier-1 suppliers for pre-installed telematics services and advanced analytics usage on telematics data to reduce risk severity will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on commercial vehicle fleet management system market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial vehicle fleet management system market vendors that include AT and T Inc., Azuga Inc., Faststream Technologies, Fleetx Technologies Pvt. Ltd., Geotab Inc., Jaama Ltd., Masternaut Ltd., Microlise Group Plc, Numadic Ltd., Omnitracs LLC, Rolta India Ltd., TomTom International BV, Trimble Inc., TUV SUD, VAMO Systems Pvt. Ltd., Continental AG, Garmin Ltd., and Verizon Communications Inc. Also, the commercial vehicle fleet management system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.