Fleet Management Market Worth $30.45 Billion by 2018

1
MarketsandMarkets Presents
Fleet Management Market worth 30.45 Billion By
2018
http//www.marketsandmarkets.com/Market-Reports/fl
eet-management-systems-market-1020.html
2
MarketsandMarkets recently conducted a study on
the "Fleet Management Market (Fleet Analytics
Vehicle Tracking Fleet Monitoring Telematics
Vendor Services) By Vehicles (Trucks Light
Goods Buses Corporate Fleets Container Ships
Aircrafts) Worldwide Market Forecasts and
Analysis (2013 2018)", which analyzed and
studied the major market drivers, restraints, and
opportunities in North America, Asia-Pacific,
Europe, Latin America, and Middle East and
Africa. The study observes that the fleet
management market is expected to grow from 10.91
billion in 2013 to 30.45 billion by 2018, at an
Compound Annual Growth Rate (CAGR) of 22.8 from
2013 to 2018. Browse 102 market data tables
and 42 figures spread through 211 pages and
in-depth TOC on Fleet Management Market (Fleet
Analytics Vehicle Tracking Fleet Monitoring
Telematics Vendor Services) By Vehicles (Trucks
Light Goods Buses Corporate Fleets Container
Ships Aircrafts) Worldwide Market Forecasts and
Analysis (2013 2018).http//www.marketsandmark
ets.com/Market-Reports/fleet-management-systems-ma
rket-1020.html Early buyers will receive 10
customization on this report.
3
Fleet management is about smartening the fleet
vehicles operations. Intelligent fleet management
solutions based on technologies such as Global
Positioning system (GPS)-based telematics are
helping fleet operators to enhance operational
efficiencies in terms of improving vehicle
performance and mileage, enhancing operational
reliability and safety, maintenance planning,
driver control, and optimizing navigation and
routes. The growing competitiveness among the
transportation service providers, CO2 emission
control norms, and rising fuel prices are making
the Fleet Management System (FMS) an essential
component for the business operation of the fleet
vehicle operators. The number of vehicles is
increasing globally with a major boom in the
emerging economies this has a positive impact on
the fleet management industry. Asia-Pacific is
expected to exhibit the highest growth rate in
the fleet management market revenue out of the
various regional markets. There are also
government endeavors to mandate the incorporation
of GPS tracking features in all the new vehicles
to be sold and operated in their specific
regions, which clearly shows the opportunities
for fleet management business growth.
Organizations from public transport, service
sectors, logistics, and retail industries are
expected to bring huge business opportunities for
the fleet management vendors.
http//www.marketsandmarkets.com/Market-Reports/fl
eet-management-systems-market-1020.html
4
The key strategies followed by many of the
leading companies in the fleet management market
are new technology, customized solution, and
acquiring relatively small domain expert players.
Some of the major players in this market are
Accenture, Motorola Solutions, TomTom, Qualcomm,
Masternaut, Trimble Navigation Ltd., Garmin
International, Fleetmatics, Pointer Telocation
Ltd, Verizon Networkfleet, among others. This
MarketsandMarkets report provides key insights
into the market dynamics, industry trends, and
adoption trends in the fleet management market.
It explores business potential of fleet
management solutions across varied industry
verticals such as academia, government and waste
management, public transport, utilities, retail,
logistics, construction, mining, oil, gas and
chemicals, service sectors, and others. The
report talks about revenues expected from the
fleet management solutions and services offered
to different types of vehicles. The report
analyzes market sizes and revenue forecasts
across different regions. The report also draws
the competitive landscape of the fleet management
market, providing an in-depth comparative
analysis of the technological and marketing
strategies that the key players are adopting in
order to gain an edge over their competitors.
http//www.marketsandmarkets.com/Market-Reports/fl
eet-management-systems-market-1020.html
5
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
http//www.marketsandmarkets.com/Market-Reports/fl
eet-management-systems-market-1020.html
6
Contact Us
Mr. Rohan7557 Rambler Road,Suite 727, Dallas,
TX 75231Tel [phone]       Email sales_at_
marketsandmarkets.com http//www.marketsandmarket
s.comhttp//twitter.com/marketsmarkets http//www
.marketsandmarketsblog.com/market-reports/telecom-
it
http//www.linkedin.com/company/marketsandmarkets