The global “Fleet Management Software Industry” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Fleet Management Software Market Size, Share and Industry Analysis By Component (Solutions, Services), Solutions (Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, Fleet Analytics and Reporting), Services (Professional, Managed), Fleet Type (Commercial Fleet, Passengers Cars), Deployment (Cloud, On-Premise) and Regional Forecast 2019-2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Fleet Management Software Market share, types, applications, growth factor, key players and regions.
“The global fleet management software market size stood at USD 14.59 billion in 2019 and is projected to reach USD 50.09 billion by 2027, exhibiting a CAGR of 16.8% during the forecast period”
- A comprehensive overview of the Fleet Management Software Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Fleet Management Software Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.
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List of Top Key Manufacturers for Fleet Management Software Market:
- GPS Insight
- Mix Telematics
- Fleet Complete
- Global Track
“Prominent Software Companies Focus on Strategic Collaborations to Propel the Market”
The global fleet management software market is persistently growing due to the increasing usage of electronic logging devices, an increase in cloud-based fleet management solutions, increasing demand for real-time tracking service, and government regulations.
The increase in the international trade and requirement of operational skills are currently accelerating the growth of the global fleet management software market. However, factors such as a compulsory merging of electronic logging devices and usage of wireless technology have also contributed to the market growth.
In February 2019, Omnitracs, a software company headquartered in Texas, U.S., announced the launch of MilesAhead Drive, Command, and Resolve solution. It will help in the simplification of exhaustive and daily job tasks that the fleet drivers are assigned. The drivers would be able to smoothly access detailed information about specific routes as well as view the data of associated job tasks. In April 2019, Trimble Inc., a renowned California-based developer of unmanned aerial vehicles, receivers, software processing tools, etc., declared that it has teamed up with Cobalt, an IT asset life cycle management firm based in Ohio, to offer Trimble’s fleet mobility clients with the ability to dispose of the old on board equipment in an environment-friendly manner.
Some of the Key Questions Answered in this Report:
- Detailed Overview of Fleet Management Software Market will help deliver clients and businesses making strategies.
- Influencing factors that are thriving demand and latest trends running in the market.
- Fleet Management Software Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
- What trends, challenges and barriers will impact the development and sizing of the Global Fleet Management Software Market?
- SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
- What is the Fleet Management Software Market growth momentum or market carries during the forecast period?
- Which region may tap the highest market share in the coming era?
- Which application/end-user category or Product Type may seek incremental growth prospects?
- What focused approach and constraints are holding the Fleet Management Software Market demand?
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Regional Analysis for Fleet Management Software Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
The Fleet Management Software Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.
We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
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Major Table of Contents for Fleet Management Software Market Research Report:
- Executive Summary
- Market Dynamics
- Key Fleet Management Software Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Fleet Management Software Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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