Fleet Management Market by Deployment Type, Solution (Operation, Asset, Driver Management, Vehicle Maintenance & Leasing, and Driver Information System,) Connectivity Technology, Industry, Service, and Region - Global Forecast to 2021

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Date: 14-Sep-2016
No. of pages: 165
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“Implementation of electronic logging device compliance for vehicles is driving the growth of the fleet management market”

MarketsandMarkets estimates the global fleet management market to grow from USD 9.54 billion in 2016 to USD 27.90 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.9%. The fleet management market is growing rapidly due to the implementation of Electronic Logging Devices (ELD) compliance for vehicles.

“Integration and deployment services to have the largest market size in 2016”

Integration and deployment services is estimated to have the largest market size in 2016.The growth of service is driven by the need of communication between the subsystems of fleet solutions. Furthermore, managed services will grow at the highest CAGR during the forecast period, due to the need of good management and flawless running of fleet software.

“Satellite technology to have the highest growth rate during the forecast period”

Wireless technology provides cost efficiency, reliability, security and privacy, low energy consumption, and range extension. Because of these mentioned benefits and also due to growing need of tracking vehicles, satellite technology under wireless connectivity technology is expected to witness the highest CAGR during the forecast period.

“Asia-Pacific (APAC) is expected to have the highest growth rate during the forecast period”

APAC includes emerging economies, such as India and China, which are rapidly deploying fleet management solutions. This is mainly due to the digitization of businesses and adoption of cloud services by small, medium, and large enterprises in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the fleet management solutions marketplace.


  • By Company Type: Tier 1: 27%, Tier 2: 48%, Tier 3: 25%

  • By Designation: C-Level: 16%, Director Level: 72%, Others: 12%

  • By Region: North America:57%, Europe: 16%, Asia-Pacific: 15%, ROW: 12%


The report includes the study of key players,  as AT&T Inc. (U.S.), Verizon Communications (U.S.), Zonar Systems (U.S.), Fleetmatics Group (U.S.), Trimble Navigation Ltd. (U.S.), Telogis (U.S.), ID Systems Inc. (U.S.), Workwave LLC (U.S.), Eresource Infotech Pvt. Ltd. (India), Magellan (U.S.), and CarTrack Technologies Co. Ltd. (SA).The report also includes in-depth competitive analysis of these key players in the fleet management solutions market, with their company profiles, SWOT analysis, recent developments, and key market strategies.

Fleet Management Market by Deployment Type, Solution (Operation, Asset, Driver Management, Vehicle Maintenance & Leasing, and Driver Information System,) Connectivity Technology, Industry, Service, and Region - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions and Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Market By Solution, 2016–2021
4.3 Fleet Management Market: Top Services and Solutions
4.4 Lifecycle Analysis, By Region
4.5 Market Investment Scenario

5 Fleet Management Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 By Deployment
5.3.2 By Solution
5.3.3 By Connectivity Technology
5.3.4 By Service
5.3.5 By Vertical
5.3.6 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Need for Operational Efficiency
5.4.1.2 Implementation of Eld Mandate
5.4.1.3 Environmental Concerns
5.4.1.4 Decreasing Hardware and Connectivity Cost
5.4.1.5 Advantages of Automated Scheduling and Reminders
5.4.2 Restraints
5.4.2.1 Cost Sensitivity of Fleet Owners
5.4.3 Opportunities
5.4.3.1 Growth in Regional Economies
5.4.3.2 Future High-Tech Vehicles
5.4.4 Challenges
5.4.4.1 Driver’s Security and Safety Issues
5.4.4.2 Integration of Fleet Data to Existing Software Systems

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Vendors Ecosystem
6.4 Strategic Benchmarking

7 Fleet Management Market Analysis, By Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On-Premises
7.4 Hybrid

8 Fleet Management Market Analysis, By Solution
8.1 Introduction
8.2 Operation Management
8.2.1 Routing and Navigation
8.2.2 Supply Chain Optimization
8.2.3 Mobile Workforce Management
8.2.4 Analytics
8.3 Asset Management
8.3.1 Vehicle Tracking and Fuel Management
8.3.2 Sensor Monitoring
8.3.3 Vehicle Maintenance and Leasing
8.3.4 Vehicle Security
8.4 Driver Management
8.4.1 Driver Information System
8.4.2 Drive Time Analysis
8.4.3 Insurance Risk Management

9 Fleet Management Market Analysis, By Connectivity Technology
9.1 Introduction
9.2 Satellite Gnss
9.3 Cellular System

10 Fleet Management Market Analysis, By Service
10.1 Introduction
10.2 Professional Services
10.3 Integration and Deployment Services
10.4 Managed Services

11 Fleet Management Market Analysis, By Vertical
11.1 Introduction
11.2 Manufacturing
11.3 Government
11.4 Transportation and Logistics
11.5 Energy and Utilities
11.6 Retail
11.7 Construction
11.8 Others

12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific (APAC)
12.5 Middle East and Africa (MEA)
12.6 Latin America

13 Competitive Landscape
13.1 Overview
13.2 Competitive Situation and Trends
13.2.1 New Product Launches
13.2.2 Partnerships, Agreements, and Collaborations
13.2.3 Mergers and Acquisitions

14 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
14.1 Introduction
14.2 AT&T, Inc.
14.3 Cisco Systems, Inc.
14.4 Fleetmatics Group PLC
14.5 IBM Corporation
14.6 Verizon Communications, Inc.
14.7 I.D. Systems, Inc.
14.8 Trimble Navigation Limited
14.9 Telogis
14.10 Zonar Systems
14.11 Workwave LLC

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Key Innovators
15.1 Magellan (Mitac Digital Corporation)
15.2 Cartrack Technologies Co.,Ltd
15.3 Eresource Infotech Pvt. Ltd.
15.4 SG Fleet Group Ltd.

16 Appendix
16.1 Other Developments
16.1.1 Other Developments: Partnerships, Agreements, and Collaborations
16.1.2 Other Developments: New Product Launches
16.2 Industry Experts
16.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
16.4 Discussion Guide
16.5 Introduction RT: Real-Time Market Intelligence
16.6 Available Customizations
16.7 Related Reports

List of Tables

Table 1 Fleet Management Components Market Size, 2014–2021 (USD Million)
Table 2 Fleet Management Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 3 Cloud: Market Size, By Region, 2014–2021 (USD Million)
Table 4 On-Premises: Market Size, By Region, 2014–2021 (USD Million)
Table 5 Hybrid: Market Size, By Region, 2014–2021 (USD Million)
Table 6 Fleet Management Market Size, By Solution, 2014–2021 (USD Million)
Table 7 Solutions: Market Size, By Region, 2014–2021 (USD Million)
Table 8 Operation Management: Market Size, By Type, 2014–2021 (USD Million)
Table 9 Operation Management: Market Size, By Region, 2014–2021 (USD Million)
Table 10 Routing and Navigation: Market Size, By Region, 2014–2021 (USD Million)
Table 11 Supply Chain Optimization: Market Size, By Region, 2014–2021 (USD Million)
Table 12 Mobile Workforce Management: Market Size, By Region, 2014–2021 (USD Million)
Table 13 Analytics: Fleet Management Market Size, By Region, 201–2021 (USD Million)
Table 14 Asset Management: Market Size, By Type, 2014–2021 (USD Million)
Table 15 Asset Management: Market Size, By Region, 2014–2021 (USD Million)
Table 16 Vehicle Tracking and Fuel Management: Market Size, By Region, 2014–2021 (USD Million)
Table 17 Sensor Monitoring: Market Size, By Region, 2014–2021 (USD Million)
Table 18 Vehicle Maintenance and Leasing: Market Size, By Region, 2014–2021 (USD Million)
Table 19 Vehicle Security: Market Size, By Region, 2014–2021 (USD Million)
Table 20 Driver Management: Market Size, By Type, 2014–2021 (USD Million)
Table 21 Driver Management: Market Size, By Region, 2014–2021 (USD Million)
Table 22 Driver Information System: Market Size, By Region, 2014–2021 (USD Million)
Table 23 Drive Time Analysis: Market Size, By Region, 2014–2021 (USD Million)
Table 24 Insurance Risk Management: Market Size, By Region, 2014–2021 (USD Million)
Table 25 Fleet Management Market Size, By Connectivity Technology, 2014–2021 (USD Million)
Table 26 Connectivity Technology: Market Size, By Region, 2014–2021 (USD Million)
Table 27 Satellite Gnss: Market Size, By Region, 2014–2021 (USD Million)
Table 28 Cellular System: Market Size, By Region, 2014–2021 (USD Million)
Table 29 Services: Market Size, By Region, 2014–2021 (USD Million)
Table 30 Fleet Management Market Size, By Service, 2014–2021 (USD Million)
Table 31 Professional Services: Market Size, By Region, 2014–2021 (USD Million)
Table 32 Integration and Deployment Services: Market Size, By Region, 2014–2021 (USD Million)
Table 33 Managed Services: Market Size, By Region, 2014–2021 (USD Million)
Table 34 Fleet Management Market Size, By Vertical, 2014–2021 (USD Million)
Table 35 Manufacturing: Market Size, By Region, 2014–2021 (USD Million)
Table 36 Government: Market Size, By Region, 2014–2021 (USD Million)
Table 37 Transportation and Logistics: Market Size, By Region, 2014–2021 (USD Million)
Table 38 Energy and Utilities: Market Size, By Region, 2014–2021 (USD Million)
Table 39 Retail: Market Size, By Region, 2014–2021 (USD Million)
Table 40 Construction: Market Size, By Region, 2014–2021 (USD Million)
Table 41 Others: Market Size, By Region, 2014–2021 (USD Million)
Table 42 Fleet Management Market Size, By Region, 2014–2021 (USD Million)
Table 43 North America: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 44 North America: Market Size, By Component, 2014–2021 (USD Million)
Table 45 North America: Market Size, By Solution, 2014–2021 (USD Million)
Table 46 North America: Operation Management Market Size, By Type, 2014–2021 (USD Million)
Table 47 North America: Asset Management Market Size, Type, 2014–2021 (USD Million)
Table 48 North America: Driver Management Market Size, By Type, 2014–2021 (USD Million)
Table 49 North America: Market Size, By Connectivity Technology, 2014–2021 (USD Million)
Table 50 North America: Market Size, By Service, 2014–2021 (USD Million)
Table 51 North America: Market Size, By Vertical, 2014–2021 (USD Million)
Table 52 Europe: Fleet Management Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 53 Europe: Market Size, By Component, 2014–2021 (USD Million)
Table 54 Europe: Market Size, By Solution, 2014–2021 (USD Million)
Table 55 Europe: Operation Management Market Size, By Type, 2014–2021 (USD Million)
Table 56 Europe: Asset Management Market Size, By Type, 2014–2021 (USD Million)
Table 57 Europe: Driver Management Market Size, By Type, 2014–2021 (USD Million)
Table 58 Europe: Fleet Management Market Size, By Connectivity Technology, 2014–2021 (USD Million)
Table 59 Europe: Market Size, By Service, 2014–2021 (USD Million)
Table 60 Europe: Market Size, By Vertical, 2014–2021 (USD Million)
Table 61 Asia-Pacific: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 62 Asia-Pacific: Market Size, By Component, 2014–2021 (USD Million)
Table 63 Asia-Pacific: Market Size, By Solution, 2014–2021 (USD Million)
Table 64 Asia-Pacific: Operation Management Market Size, By Type, 2014–2021 (USD Million)
Table 65 Asia-Pacific: Asset Management Market Size, By Type, 2014–2021 (USD Million)
Table 66 Asia-Pacific: Driver Management Market Size, By Type, 2014–2021 (USD Million)
Table 67 Asia-Pacific: Market Size, By Connectivity Technology, 2014–2021 (USD Million)
Table 68 Asia-Pacific: Market Size, By Service, 2014–2021 (USD Million)
Table 69 Asia-Pacific: Market Size, By Vertical, 2014–2021 (USD Million)
Table 70 Middle East and Africa: Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 71 Middle East and Africa: Market Size, By Component, 2014–2021 (USD Million)
Table 72 Middle East and Africa: Market Size, By Solution, 2014–2021 (USD Million)
Table 73 Middle East and Africa: Operation Management Market Size, By Type, 2014–2021 (USD Million)
Table 74 Middle East and Africa: Asset Management Market Size, Type, 2014–2021 (USD Million)
Table 75 Middle East and Africa: Driver Management Market Size, By Type, 2014–2021 (USD Million)
Table 76 Middle East and Africa: Market Size, By Connectivity Technology, 2014–2021 (USD Million)
Table 77 Middle East and Africa: Market Size, By Service, 2014–2021 (USD Million)
Table 78 Middle East and Africa: Market Size, By Vertical, 2014–2021 (USD Million)
Table 79 Latin America: Fleet Management Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 80 Latin America: Market Size, By Component, 2014–2021 (USD Million)
Table 81 Latin America: Market Size, By Solution, 2014–2021 (USD Million)
Table 82 Latin America: Operation Management Market Size, By Type, 2014–2021 (USD Million)
Table 83 Latin America: Asset Management Market Size, Type, 2014–2021 (USD Million)
Table 84 Latin America: Driver Management Market Size, By Type, 2014–2021 (USD Million)
Table 85 Latin America: Market Size, By Connectivity Technology, 2014–2021 (USD Million)
Table 86 Latin America: Market Size, By Service, 2014–2021 (USD Million)
Table 87 Latin America: Market Size, By Vertical, 2014–2021 (USD Million)
Table 88 New Product Launches, 2015–2016
Table 89 Partnerships and Collaborations, 2015 – 2016
Table 90 Mergers and Acquisitions, 2012–2015
Table 91 Other Developments: Partnerships, Agreements, and Collaborations, 2013–2015
Table 92 Other Developments: New Product Launches, 2013–2014

List of Figures

Figure 1 Fleet Management Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown and Data Triangulation
Figure 5 Assumptions
Figure 6 Fleet Management Market Expected to Witness A High Growth During the Forecast Period
Figure 7 Top Three Segments for the Market in 2016–2021
Figure 8 North America is Expected to Hold the Largest Market Share in 2016
Figure 9 Expanding Fleet of Vehicles Globally Pushing the Fleet Management Market During the Forecast Period
Figure 10 Driver Management Solution is Expected to Witness the Fastest Growth During the Forecast Period
Figure 11 Operation Management is Expected to Hold the Largest Market Share in the Solutions Segment
Figure 12 Fleet Management Market Segmentation: By Deployment
Figure 13 Market Segmentation: By Solution
Figure 14 Market Segmentation: By Connectivity Technology
Figure 15 Market Segmentation: By Service
Figure 16 Market Segmentation: By Vertical
Figure 17 Market Segmentation: By Region
Figure 18 Fleet Management Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Fleet Management: Value Chain Analysis
Figure 20 Vendors Ecosystem
Figure 21 Companies Adopted Different Strategies to Gain Competitive Advantage
Figure 22 Cloud Deployment is Expected to Be the Highest Contributor in Terms of Market Size
Figure 23 North America is Expected to Lead the Fleet Management Solution Market in Terms of Market Size During the Forecast Period
Figure 24 North America is Expected to Dominate the Fleet Management Market on the Basis of Connectivity Technology During the Forecast Period
Figure 25 North America is Expected to Dominate the Fleet Management Market By Service in 2016
Figure 26 Manufacturing Vertical is Expected to Dominate the Market During the Forecast Period
Figure 27 Asia-Pacific: an Attractive Destination for the Market, 2016–2021
Figure 28 Asia-Pacific is Expected to Grow at the Highest CAGR From 2016 to 2021
Figure 29 North America Market Snapshot
Figure 30 Asia-Pacific Market Snapshot
Figure 31 Companies Adopted New Product Launches and Partnerships as the Key Growth Strategies Over the Last Three Years
Figure 32 Market Evaluation Framework
Figure 33 Battle for Market Share: Agreement, Partnership, Business Expansion, and Collaboration is the Key Strategy
Figure 34 Geographic Revenue Mix of the Top 3 Market Players
Figure 35 AT&T, Inc.: Company Snapshot
Figure 36 AT&T, Inc.: SWOT Analysis
Figure 37 Cisco Systems, Inc.: Company Snapshot
Figure 38 Cisco Systems, Inc.: SWOT Analysis
Figure 39 Fleetmatics Group PLC: Company Snapshot
Figure 40 Fleetmatics Group PLC: SWOT Analysis
Figure 41 IBM Corporation: Company Snapshot
Figure 42 IBM Corporation: SWOT Analysis
Figure 43 Verizon Communications, Inc.: Company Snapshot
Figure 44 Verizon Communications, Inc.: SWOT Analysis
Figure 45 I.D. Systems, Inc: Company Snapshot
Figure 46 Trimble Navigation Limited: Company Snapshot

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