Market Research Report
North America Smart Fleet Management Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||906737|
|Published||Content info||82 Pages
Delivery time: 2-3 business days
|North America Smart Fleet Management Market Forecast 2019-2027|
|Published: August 19, 2019||Content info: 82 Pages||
In 2018, the North America smart fleet management market accounted for $XX billion and was expected to rise to $XX billion by 2027, while flourishing at a CAGR of 8.69% between 2019 and 2027. The market growth in the region is driven by the high adoption rate of smart technologies, along with supportive government initiatives.
Countries such as the United States and Canada are analyzed in the North America smart fleet management market. The demand for smart fleet management services is increasing owing to the surging emphasis on reducing costs and emissions. Also, the country has large automotive and aircraft industries, thereby creating a need for efficient transportation and competent commercial fleet management services. As a result of this, the market is witnessing propelling growth in the upcoming years. Logistics, retail centers, manufacturing, and distribution are some of the other sectors adopting smart fleet management solutions.
The smart fleet management market has the presence of numerous player offering products and services. Some of the renowned companies include Zonar Systems Inc., Tech Mahindra Limited, Siemens AG, Sierra Wireless Inc., Robert Bosch GmbH, and Orbcomm Inc., among others. The dominant players focus on several corporate strategies like acquisition, mergers, new product launch, and partnerships to maintain a stronghold in the market.