Smart Fleet Management Market By Transportation (Marine, Automotive, Rolling Stock), By Hardware (Remote Diagnostics, Tracking, Optimization, ADAS), By Connectivity (Cloud, Short-Range Communication, Long-Range Communication), By Solutions (Fleet Optimization, Vehicle Tracking), Industry Trends, Estimation & Forecast, 2018-2025

September 2018

 Pages: 182

 ERC 1098

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Smart Fleet Management Market is expected to grow with a CAGR of 7.1% during the forecast period of 2018 to 2025.

Smart fleet management enables fleet operators to track vehicles in real time and increase the operational efficiency by minimizing transportation costs and idle time. The adoption of these systems is required for effective fleet tracking, a dedicated remote server for fleet data, real time monitoring, and security features in a single system. The incorporation of new age technologies in fleet management also allow the monitoring of a driver's behavior and measure the maintenance cost of the vehicle. The rising need of fleet operators to enhance vehicular safety and achieve higher operational efficiencies are the major factors that are driving the growth of the market. In addition, numerous government initiatives and regulations intended to create a highly reliable and protected transportation system are aiding in escalating the demand of smart fleet management systems.

The high price, inflexibility, and complex nature of the system, along with the privacy issues of server data in emerging economies are hampering the growth of the global smart fleet management market. The market players are anticipated to gain profitable opportunities in the upcoming years, owing to the adoption of advanced technologies such as automatic data capture & transfer, along with the integration of artificial intelligence in the smart fleet management system. For instance, in January 2018, Denso, one of the world’s largest automotive suppliers, invested in the ActiveScaler, a developer of managed MaaS systems powered by artificial intelligence, which will simplify its integration with smart fleet management system. ActiveScaler will further help fleet operators by accelerating new business opportunities with the integration of evolving MaaS network with higher performance and faster time to market.

The report provides detailed qualitative and quantitative analysis of the smart fleet management market. Market size and forecast in terms of value has been provided for the period - (2017 – 2025) for the segments namely transportation, hardware, connectivity, and solutions in each of the major regions.

Smart Fleet Management Market Player Analysis

The report presents detailed analysis of major players operating in smart fleet management market. Few of them include Denso Corporation, Infineon Technologies AG, Robert Bosch GmbH, Precious Shipping Company Private Limited, Zonar Systems, Inc., Otto Marine Limited, Continental AG, IBM Corporation, Cisco Systems, Inc., Siemens AG, Tech Mahindra, and Sierra Wireless. Detailed coverage on these market players with information on their revenue from smart fleet management business, market share, gross margin and their growth strategies have been provided in the report.

Smart Fleet Management Market Segmentation

Smart fleet management market is segmented on the basis of transportation, hardware, connectivity, solutions, and geography. By transportation, the market is segmented into marine, automotive, and rolling stock. Based on hardware, the market is categorized into remote diagnostic, tracking, optimization, and ADAS. By connectivity, the market is bifurcated into cloud, short-range communication, and long-range communication. On the basis of solutions, the market is segregated into fleet optimization, and vehicle tracking. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, and Rest of the World.

Smart Fleet Management Market Segmentation

By Transportation
• Marine
• Automotive
• Rolling Stock

By Hardware
• Remote Diagnostics
• Tracking
• Optimization
• ADAS

By Connectivity
• Cloud
• Short-Range Communication
• Long-Range Communication

By Solutions
• Fleet Optimization
• Vehicle Tracking

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of APAC
• Rest of the World
o Latin America
o Middle East
o Africa

Smart Fleet Management Market Key Players

• Denso Corporation
• Infineon Technologies AG
• Robert Bosch GmbH
• Precious Shipping Company Private Limited
• Zonar Systems, Inc.
• Otto Marine Limited
• Continental AG
• IBM Corporation
• Cisco Systems, Inc.
• Siemens AG
• Tech Mahindra
• Sierra Wireless

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    What Information does this report contain?

    • What was the market size of the Smart Fleet Management Market in 2018 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2018 - 2025)?
    • Which are the leading companies in the Smart Fleet Management Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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