—
Smart fleet management plays a vital role in regulating the entire transportation system ranging from vehicle production to vehicle re-marketing. The smart fleet management system involves vehicle tracking, safety management, speed management, accident management, vehicle maintenance, fuel management, and driver management, etc. Besides vehicle management, the smart fleet management industry offers driver management and operation management solutions. The global smart fleet management market is likely to drive considerably in the coming years owing to the rising adoption of fleet management analytics. Moreover, the extensive usage of real-time vehicle tracking & fleet monitoring, the growing need for automation for efficiency enhancement, and multiple efforts to slash the operational costs are some of the key factors driving the global smart fleet management market.According to the research report, the global smart fleet management market in 2019 was approximately USD 525 Billion. The market is expected to grow at a CAGR of nearly 8% and is anticipated to reach around USD 900 Billion by 2026.
Request Free Sample Copy of Research Report @ https://www.fnfresearch.com/sample/global-smart-fleet-management-market-by-hardware-tracking-1010
Favorable regulations imposed by governing bodies and mounting safety concerns are projected to flourish the smart fleet management market during the study timeframe. The global industry is anticipated to perceive a substantial boom throughout 2020–2026 owing to the advancements in technologies such as interconnected vehicles and the internet of things (IoT). However, bulky investments for setting up industry and multiple intricacies associated with it are likely to impede the smart fleet management market in the next few years.
Some of the key players driving the global smart fleet management market are IBM, Robert Bosch GmbH, Continental AG, Sierra Wireless, Denso Corporation, Tech Mahindra Limited, Cisco Systems Inc., Siemens, and Samsung Electronics Co. Ltd., among others.
To Know More About Top Industry Players Included in This Report, Ask for a Free Sample: https://www.fnfresearch.com/sample/global-smart-fleet-management-market-by-hardware-tracking-1010
By hardware, the “ADAS systems” segment to dominate the global smart fleet management market during the study timeframe
Based on the hardware segment, the global smart fleet management market is categorized into tracking, optimization, ADAS, and remote diagnostics. Among all, the ADAS systems segment to hold the major revenue share of the global smart fleet management industry from 2020 to 2026. The segment dominance is attributed to the increased adaptability of ADAS systems in all passenger cars operating in North America and Europe-like advanced economies.
The Asia Pacific to hold a considerable share of the global smart fleet management market in the coming few years
In 2019, Asia-Pacific captured the major revenue share generated by the global smart fleet management market. The region is expected to attain the leading position throughout the forecast period owing to the growing demand for transportation facilities in rapidly developing countries such as India, Japan, and China.
Request Customized Copy of Report @ https://www.fnfresearch.com/customization/global-smart-fleet-management-market-by-hardware-tracking-1010
Browse detail report with in-depth TOC @ https://www.fnfresearch.com/global-smart-fleet-management-market-by-hardware-tracking-1010
This report segments the global smart fleet management market as follows:
Global Smart Fleet Management Market: Hardware Segmentation Analysis
Tracking
Optimization
ADAS
Remote Diagnostics
Global Smart Fleet Management Market: Transportation Segmentation Analysis
Automotive
Rolling Stock
Marine
Global Smart Fleet Management Market: Connectivity Segmentation Analysis
Short Range Communication
Long-Range Communication
Cloud
Global Smart Fleet Management Market: Solutions Segmentation Analysis
Fleet Optimization
Vehicle Tracking
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Contact Info:
Name: Sanu Thomas
Email: Send Email
Organization: Facts & Factors
Address: A 2108, Sargam, Nanded City, Sinhagad Road
Phone: +1-347-989-3985
Website: https://www.fnfresearch.com
Release ID: 88980894
Google
RSS