Smart Fleet Management Market 2020 —
The worldwide Smart Fleet market is anticipated to reach around USD 629.5 billion by 2026. In 2017, the automotive segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Smart Fleet market.
The increasing need to track and monitor fleets to increase operational efficiency, and reduce costs drives the Smart Fleet Market growth. Organizations are increasingly adopting smart fleet systems to increase efficiency, and manage high volume of fleets. The growing need for high speed networks further accelerates the adoption of smart fleet systems. Other factors driving the market growth include growing need to reduce operational costs, increase profitability, and avoid road congestions and accidents. New emerging markets, increasing need to monitor driver behavior, and growing safety concerns are factors expected to influence the market in the coming years.
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Major Key Players Analysis
The well-known companies profiled in the report include Cisco Systems, Inc., Robert Bosch GmbH, Denso Corporation, Sierra Wireless, Inc., Orbcomm, Inc., Siemens AG, Zonar Systems, Inc., IBM Corporation, Continental AG, OTTO Marine Limited, Harman International Industries, Inc., Globecomm Systems, Inc., and Globecomm Systems, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The global Smart Fleet Management market report has been compiled after extensive market research into various parameters concerning the Smart Fleet Management industry. An overview of the market and the market share of the different segments that the Smart Fleet Management market is categorized into is presented. The scope of growth of the different products/services offered by different manufacturers in the Smart Fleet Management industry has been discussed in detail and the results have been included in the report. The market share that the global Smart Fleet Management market occupies is presented from the year 2020 to the year 2026 comprising the base period.
Various factors decide the market growth of the industry and the direction that it can take. These factors are identified and are listed in the report according to the effect that they can have. Based on the volume of goods produced and the value of each product sold in the global market, the market share for the different regions are predicted from the year 2020 to the year 2025 for the forecast period. Latent growth factors that can play a role in the market growth during this period are identified and are categorized for the different regions that they can act in.
The global Smart Fleet Management market is divided into several smaller market categories according to the different regions that each of the various market segments is located in. The regional breakdown includes the Middle East, Africa, Europe, North America, South America, and Asia-Pacific. The market share for the different regions is presented after analyzing the import and export of different products/services and the production and consumption. The data that is acquired after the analysis is completed is presented in the global Smart Fleet Management market report for both the forecast period from the year 2020 to the year 2026 and for the base period from the year 2020 to the year 2026.
The data that is presented in the Smart Fleet Management market report is analyzed and verified to ensure that it is free from errors and discrepancies that may have occurred during the collection. One of the primary analysis methods used is Porter’s Five Forces Model. It uses five distinct parameters to analyze the collected data that include the threat of substitutes, the bargaining power of customers, the threat of new entrants, the bargaining power of suppliers and competitive rivalry. The analyzed data is then presented in the Smart Fleet Management report.
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Table of Contents – Major Key Points
1. Overview and Scope
2. Executive Summary
3. Smart Fleet Management Market Insights
4. Smart Fleet Management Market Size and Forecast, 2017-2026 by Mode of Transport
5. Smart Fleet Management Market Size and Forecast, 2017-2026 by Application
6. Smart Fleet Management Market Size and Forecast, 2017-2026 by Communication
7. Smart Fleet Management Market Size and Forecast, 2017-2026 by Region
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