A brief overview of Global Fleet management system (FMS) Market , is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography.
Fleet management system (FMS) involves tracking and maintenance of fleet of vehicles for any enterprise. FMS is a cost-effective solution for executing tracking and maintenance activities.
Moreover, businesses can depend largely on transportation to reduce or eliminate risks related to management of large fleets. Moreover, FMS reduces the staff cost and enhances operational efficiency.
It involves many functions including vehicle monitoring & diagnostic, financing, and management of drivers. Many companies have adopted FMS to increase profitability and faster operations.
Market Drivers and Restraints
Drivers and restraints of the global fleet management market are provided in the research. Increase in adoption of web-based services and widespread acceptance of advanced communication technology boosted growth in the industry.
In addition, demand from retail industry and potential in developing economies would help in growth of the industry. On the other hand, lower ICT spending in underdeveloped regions would limit growth of the market.
Operational fleet monitoring and management
- Vehicle dispatch
- Driver Scheduling
- Asset Tracking
- Condition based maintenance
- Security & safety management
Logistics & transportation
- North America
Key Market Players
Key market players of the global fleet management system market are discussed in the research to help in determining level of competition and steps to be taken to gain stronghold in the market. Key players analyzed in the study are AssetWorks LLC, Daimler Fleetboard GmbH, CalAmp Corp., FleetCor Technologies, Inc., Emkay, Scania AB, Omnitracs, LLC, Teletrac Navman US Ltd., Telenav, Inc., TomTom International N.V., Fleetmatics Group PLC, Trimble Inc., and others.
Key Takeaways from the Report
The study provides extensive analysis of the global fleet management system market based on current trends and projections by 2025.
- The research offers a detailed analysis of investment pockets to assist market players, stakeholders, and investors determine dominating segments and regions in coming years.
- The report on the global fleet management system market provides detailed analysis and insights on strategies to be adopted to gain stronghold in the global market.
- The report provides comprehensive analysis of drivers, restraints, and opportunities along with highlighting their impact.
- Porter’s Five Forces analysis highlights competitive intensity and attractiveness of the industry.
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