The analysts forecast global smart fleet management market to grow at a CAGR of 7% during the period 2018-2022. The latest trend gaining momentum in the market is growing use of software in fleet management solutions.
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FM software accomplishes tasks such as tracking procurement costs, recording driver and vehicle details, measuring fleet performance through reports and charts, and scheduling maintenance and servicing tasks.
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SaaS-based model is gaining preference as it can be easily distributed via the Internet.
Major key players in the global smart fleet management market: Bosch, Cisco, Continental, IBM, Siemens, TomTom, Globecomm, ORBCOMM, Sierra Wireless, and Trakm8.
According to the smart fleet management market report, one of the major drivers for this market is real-time fleet monitoring. Advanced fleet management software (FMS) connects the vehicle’s onboard computer and acquire data such as vehicle mileage and fuel consumption for the user.
FMS primarily acts as vehicle tracking component that is GPS-based and connects to cellular triangulation platform for data acquisition.
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Apart from GPS components, tracking capabilities transmit the necessary information, either through terrestrial and satellite tracking, that provides the users to view real-time locations. Also, highly developed vehicle telematics and fleet management systems collect real-time data for fleet and transport managers, to efficiently monitor and track the driver.
Few Points from List of Exhibits Provided in Global Smart Fleet Management Market (www.reportsnreports.com/reports/12…t-2018-2022.html):
Exhibit 1: Related Market: 3pl
Exhibit 2: Global Transportation Market 2018-2022
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition - Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Smart Fleet Management Market Market Size and Forecast 2017-2022 ($ Bn)
Exhibit 9: Global Smart Fleet Management Market Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2021
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition - Five Forces-2017
Exhibit 18: Smart Fleet Management by Transportation Type Market Share 2017-2022 (%)
Exhibit 19: Comparison by Type of Transportation
Exhibit 20: Roadways Market Size and Forecast 2017-2022 ($ Bn)
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