The global fleet management solution market is anticipated to grow at a CAGR of 14.5% during the forecast period. The growing developments in the fleet management solution market are driving the growth of the global fleet management solution market. For instance, in May 2023, Transflo, a mobile and business automation software provider to the transportation industry, merged with Assured Telematics Inc. (ATI), a tier provider of fleet management solutions. This merger will combine the strengths of both companies to deliver an end-to-end solution suite and a densely connected technology ecosystem to support fleet customers to increase efficiency, improve cash flow, and reduce costs.
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Further, in April 2023, Goldstone Technologies Limited (GTL), a full-stack BI, data analytics and IT services consulting player based out of Hyderabad is setting up a joint venture (JV) company with German e-mobility major Quantron AG. The JV will operate out of Augsburg, Germany, and Hyderabad. The JV will focus on providing sustainable integrated fleet management solutions to mobility and logistics companies through an AI-supported platform. The JV will drive zero-emission transport transformation by offering OEM agnostic mobility as a service (MaaS) with an addressable market size of Euro 150-250 billion by 2030.
Furthermore, in April 2023, Samsara Inc. provider of the Connected Operations Cloud introduced its Sustainable Fleet Management solution. This evolution of Samsara’s existing fuel efficiency and electric vehicle (EV) offerings is designed to empower customers with additional data-driven insights so they can reduce emissions, jumpstart electrification, and meet their sustainability goals.
Global Fleet Management Solution Market Report Segment
By Deployment Model
- On-premise
- On-Demand
- Hybrid
By Solution
- Asset Management
- Information Management
- Driver Management
- Safety and Compliance Management
- Risk Management
- Operations Management
- Others
By End-User
- Transportation
- Energy
- Construction
- Manufacturing
- Others
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Fleet Management Solution Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Astrata Group
- AT&T Inc.
- Cisco Systems Inc.
- Ctrack (Inseego Corp.)
- Fleet Complete Inc.
- Fleetable (Affable Web Solutions Co.)
- Geotab Inc.
- IBM Corp.
- KeepTrucking Inc.
- Mix Telematics Ltd.
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