Fleet Management Market by Solution (Operations Management, Information Management, Risk Management, Vehicle Maintenance & Leasing, Safety & Compliance Management), Service, Deployment Type, Fleet Type and Region - Global forecast to 2022

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Date: 29-Aug-2017
No. of pages: 164
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The growing need for operational efficiency is expected to drive the growth of the fleet management market

The fleet management market size is expected to grow from USD 13.78 billion in 2017 to USD 28.66 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period. The major driver for the upsurge in the demand of the fleet management market is said to be the declining hardware and connectivity costs, leading to the increased deployment of fleet management solutions. The major restraining factor is expected to be the cost sensitivity of fleet owners, which is restricting the deployment of advanced fleet management technologies.

Cloud deployment type is expected to grow at the fastest rate during the forecast period

The cloud deployment type is expected to witness the highest growth rate during the forecast period, owing to its cost-effectiveness, scalability, and ease of accessibility to organizational content, regardless of the employee location, thereby supplementing the business continuity.

Passenger cars segment is expected to hold the largest market share market during the forecast period

The passenger cars segment is expected to hold largest market share during the forecast period, owing to its large presence and increased deployment of advanced fleet management technology, especially by the fleet leasing companies.

Asia Pacific (APAC) is expected to grow at the fastest rate during the forecast period

As per the geographic analysis, the APAC region is expected to witness the fastest growth in the fleet management market, due to the increasing adoption of advanced technologies and increasing Gross Domestic Product (GDP) in countries. North America is expected to hold the largest market share during the forecast period, owing to the early adoption of fleet management technology and the increasing government regulations, policies, and mandates.

The break-up profiles of the primary discussion participants are given below:


  • By Company Type: Tier1 (53%), Tier2 (33%), and Tier 3 (14%)

  • By Designation: C-Level (60%), Director Level (10%),and Manager Level (30%)

  • By Region: North America (35%), Europe (25%), APAC (30%), and RoW (10%)


The key fleet management market vendors profiled in the report are as follows:


  • AT&T (US)

  • Donlen Corporation (US)

  • Geotab (Canada)

  • LeasePlan USA (US)

  • Masternaut Limited (UK)

  • Merchants Fleet Management (US)

  • Omnitracs (US)

  • Teletrac Navman (US)

  • Trimble(US)

  • Verizon Telematics (US)

  • Wheels, Inc. (US)

  • WorkWave (US)


Research Coverage

The global fleet management market has been segmented on the basis of types (solutions and services), deployment types, fleet types, and regions. A detailed analysis of the regions has been done to provide insights into the potential future business opportunities across different regions. In addition to this, the strength of product portfolio and business strategy excellence are some of the other MarketsandMarkets analysis included in the report.

Reasons to Buy the Report

The report will help the market leaders/new entrants in the fleet management market in the following ways:


  • The report segments the fleet management market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different regions.

  • The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

  • The report helps the stakeholders understand the competitors and gain more insights to better their position in the market.

Fleet Management Market by Solution (Operations Management, Information Management, Risk Management, Vehicle Maintenance & Leasing, Safety & Compliance Management), Service, Deployment Type, Fleet Type and Region - Global forecast to 2022

Table of Contents

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

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.1 Key Industry Insights
2.2 Market Size Estimation
2.3 Microquadrant Research Methodology
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Fleet Management Market
4.2 Market Snapshot (2017 vs 2022)
4.3 Market By Type, 2017–2022
4.4 Market By Solution, 2017–2022
4.5 Market By Service, 2017–2022

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Innovation Spotlight
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Need for Operational Efficiency in Fleet Owning Organizations
5.3.1.2 Increasing Adoption of Cloud Computing for Streamlining Fleet Management Operations
5.3.1.3 Declining Hardware and Connectivity Costs Leading to the Increased Deployment of Fleet Management Solutions
5.3.1.4 ELD Mandate is Driving New Revenue Streams for Vendors
5.3.2 Restraints
5.3.2.1 Cost Sensitivity of Fleet Owners is A Major Hurdle in the Deployment of Advanced Fleet Management Technologies
5.3.2.2 Growing Data Volumes Leading to Increased Cyber Threats
5.3.3 Opportunities
5.3.3.1 Telematics Data Can Be Harnessed to Make Informed Business Decisions
5.3.3.2 Green Fleet Initiatives Reduce the Environmental Impact and Ensure Efficient Functioning of Fleets
5.3.4 Challenges
5.3.4.1 Driver Safety and Productivity are the Major Concerns Affecting the Vehicle Uptime
5.3.4.2 Data Management is A Complex Process for Vendors
5.3.4.3 Fuel Price Volatility is A Major Factor Impacting the Planned Fleet Budget

6 Fleet Management Market Analysis, By Type
6.1 Introduction
6.2 Solutions
6.2.1 Operations Management
6.2.1.1 Location Tracking and Geo-Fencing
6.2.1.2 Route Optimization and Navigation
6.2.2 Information Management
6.2.2.1 Vehicle Telematics
6.2.2.1.1 Driver Management
6.2.2.1.2 Remote Fleet Diagnostics
6.2.2.1.3 Fuel Management
6.2.2.2 Fleet Analytics
6.2.3 Risk Management
6.2.3.1 Vehicle Security
6.2.3.2 Crash Management
6.2.3.3 Insurance Management
6.2.4 Vehicle Maintenance and Leasing
6.2.5 Safety and Compliance Management
6.2.6 Others
6.3 Services
6.3.1 Professional Services
6.3.1.1 Consulting
6.3.1.2 System Integration and Deployment
6.3.1.3 Support and Maintenance
6.3.2 Managed Services

7 Fleet Management Market Analysis, By Deployment Type
7.1 Introduction
7.1.1 On-Premises
7.1.2 Cloud
7.1.3 Hybrid

8 Fleet Management Market Analysis, By Fleet Type
8.1 Introduction
8.1.1 Commercial Fleets
8.1.1.1 LCV
8.1.1.2 M&HCV
8.1.2 Passenger Cars

9 Geographic Analysis
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Latin America
9.6 Middle East and Africa

10 Competitive Landscape
10.1 Microquadrant Overview
10.1.1 Visionary Leaders
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Competitive Benchmarking
10.2.1 Strength of Product Portfolio Adopted By Major Players in the Market
10.2.2 Business Strategy Excellence Adopted By Major Players in the Market

11 Company Profiles
11.1 AT&T
11.1.1 Overview
11.1.2 Strength of Product Portfolio
11.1.3 Business Strategy Excellence
11.1.4 Recent Developments
11.2 Donlen Corporation
11.2.1 Overview
11.2.2 Strength of Product Portfolio
11.2.3 Business Strategy Excellence
11.2.4 Recent Developments
11.3 Geotab
11.3.1 Overview
11.3.2 Strength of Product Portfolio
11.3.3 Business Strategy Excellence
11.3.4 Recent Developments
11.4 Leaseplan Usa
11.4.1 Overview
11.4.2 Strength of Product Portfolio
11.4.3 Business Strategy Excellence
11.4.4 Recent Developments
11.5 Masternaut
11.5.1 Overview
11.5.2 Strength of Product Portfolio
11.5.3 Business Strategy Excellence
11.5.4 Recent Developments
11.6 Merchants Fleet Management
11.6.1 Overview
11.6.2 Strength of Product Portfolio
11.6.3 Business Strategy Excellence
11.6.4 Recent Developments
11.7 Omnitracs
11.7.1 Overview
11.7.2 Strength of Product Portfolio
11.7.3 Business Strategy Excellence
11.7.4 Recent Developments
11.8 Teletrac Navman
11.8.1 Overview
11.8.2 Strength of Product Portfolio
11.8.3 Business Strategy Excellence
11.8.4 Recent Developments
11.9 Tomtom Telematics
11.9.1 Overview
11.9.2 Strength of Product Portfolio
11.9.3 Business Strategy Excellence
11.9.4 Recent Developments
11.10 Trimble
11.10.1 Overview
11.10.2 Strength of Product Portfolio
11.10.3 Business Strategy Excellence
11.10.4 Recent Developments
11.11 Verizon Telematics
11.11.1 Overview
11.11.2 Strength of Product Portfolio
11.11.3 Business Strategy Excellence
11.11.4 Recent Developments
11.12 Wheels, Inc.
11.12.1 Overview
11.12.2 Strength of Product Portfolio
11.12.3 Business Strategy Excellence
11.12.4 Recent Developments
11.13 Workwave
11.13.1 Overview
11.13.2 Strength of Product Portfolio
11.13.3 Business Strategy Excellence
11.13.4 Recent Developments

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customization
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Fleet Management Market, By Type, 2015–2022 (USD Million)
Table 3 Fleet Management Market Size, By Solution, 2015–2022 (USD Million)
Table 4 Solutions: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Operations Management Market Size, By Type, 2015–2022 (USD Million)
Table 6 Operations Management Market Size, By Region, 2015–2022 (USD Million)
Table 7 Location Tracking and Geo-Fencing Market Size, By Region, 2015–2022 (USD Million)
Table 8 Route Optimization and Navigation Market Size, By Region, 2015–2022 (USD Million)
Table 9 Information Management Market Size, By Type, 2015–2022 (USD Million)
Table 10 Information Management Market Size, By Region, 2015–2022 (USD Million)
Table 11 Vehicle Telematics Market Size, By Type, 2015–2022 (USD Million)
Table 12 Vehicle Telematics Market Size, By Region, 2015–2022 (USD Million)
Table 13 Driver Management Market Size, By Region, 2015–2022 (USD Million)
Table 14 Remote Fleet Diagnostics Market Size, By Region, 2015–2022 (USD Million)
Table 15 Fuel Management Market Size, By Region, 2015–2022 (USD Million)
Table 16 Fleet Analytics Market Size, By Region, 2015–2022 (USD Million)
Table 17 Risk Management Market Size, By Type, 2015–2022 (USD Million)
Table 18 Risk Management Market Size, By Region, 2015–2022 (USD Million)
Table 19 Vehicle Security Market Size, By Region, 2015–2022 (USD Million)
Table 20 Crash Management Market Size, By Region, 2015–2022 (USD Million)
Table 21 Insurance Management Market Size, By Region, 2015–2022 (USD Million)
Table 22 Vehicle Maintenance and Leasing Market Size, By Region, 2015–2022 (USD Million)
Table 23 Safety and Compliance Management Market Size, By Region, 2015–2022 (USD Million)
Table 24 Other Solutions Market Size, By Region, 2015–2022 (USD Million)
Table 25 Fleet Management Market, By Service, 2015–2022 (USD Million)
Table 26 Services: Fleet Management Market Size, By Region, 2015–2022 (USD Million)
Table 27 Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 28 Professional Services Market Size, By Region, 2015–2022 (USD Million)
Table 29 Consulting Market Size, By Region, 2015–2022 (USD Million)
Table 30 System Integration and Deployment Market Size, By Region, 2015–2022 (USD Million)
Table 31 Support and Maintenance Market Size, By Region, 2015–2022 (USD Million)
Table 32 Managed Services Market Size, By Region, 2015–2022 (USD Million)
Table 33 Fleet Management Market, By Deployment Type, 2015–2022 (USD Million)
Table 34 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 36 Hybrid: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Fleet Management Market, By Fleet Type, 2015–2022 (USD Million)
Table 38 Commercial Fleets: Market Size, By Type, 2015–2022 (USD Million)
Table 39 Commercial Fleets: Market Size, By Region, 2015–2022 (USD Million)
Table 40 Light Commercial Vehicles Market Size, By Region, 2015–2022 (USD Million)
Table 41 Medium and Heavy Commercial Vehicles Market Size, By Region, 2015–2022 (USD Million)
Table 42 Passenger Cars: Market Size, By Region, 2015–2022 (USD Million)
Table 43 Fleet Management Market Size, By Region, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Type, 2015–2022 (USD Million)
Table 45 North America: Market Size, By Solution, 2015–2022 (USD Million)
Table 46 Operations Management Market Size, By Type, 2015–2022 (USD Million)
Table 47 Information Management Market Size, By Type, 2015–2022 (USD Million)
Table 48 Vehicle Telematics Market Size, By Type, 2015–2022 (USD Million)
Table 49 Risk Management Market Size, By Type, 2015–2022 (USD Million)
Table 50 Fleet Management Market, By Service, 2015–2022 (USD Million)
Table 51 Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 52 Fleet Management Market, By Deployment Type, 2015–2022 (USD Million)
Table 53 Fleet Management Market, By Fleet Type, 2015–2022 (USD Million)
Table 54 Commercial Fleets, By Type, 2015–2022 (USD Million)
Table 55 Europe: Market Size, By Type, 2015–2022 (USD Million)
Table 56 Europe: Market, By Solution, 2015–2022 (USD Million)
Table 57 Operations Management Market Size, By Type, 2015–2022 (USD Million)
Table 58 Information Management Market Size, By Type, 2015–2022 (USD Million)
Table 59 Vehicle Telematics Market Size, By Type, 2015–2022 (USD Million)
Table 60 Risk Management Market Size, By Type, 2015–2022 (USD Million)
Table 61 Fleet Management Market, By Service, 2015–2022 (USD Million)
Table 62 Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 63 Fleet Management Market, By Deployment Type, 2015–2022 (USD Million)
Table 64 Fleet Management Market, By Fleet Type, 2015–2022 (USD Million)
Table 65 Commercial Fleets, By Type, 2015–2022 (USD Million)
Table 66 Asia Pacific: Market, By Type, 2015–2022 (USD Million)
Table 67 Asia Pacific: Fleet Management Market, By Solution, 2015-2022 (USD Million)
Table 68 Operations Management Market Size, By Type, 2015–2022 (USD Million)
Table 69 Information Management Market Size, By Type, 2015–2022 (USD Million)
Table 70 Vehicle Telematics Market Size, By Type, 2015–2022 (USD Million)
Table 71 Risk Management Market Size, By Type, 2015–2022 (USD Million)
Table 72 Asia Pacific: Market By Service, 2015–2022 (USD Million)
Table 73 Professional Services: Market Size By Type, 2015–2022 (USD Million)
Table 74 Asia Pacific: Market, By Deployment Type, 2015–2022 (USD Million)
Table 75 Asia Pacific: Market, By Fleet Type, 2015–2022 (USD Million)
Table 76 Commercial Fleets: Fleet Management Market Size, By Type, 2015–2022 (USD Million)
Table 77 Latin America: Market Size, By Type, 2015–2022 (USD Million)
Table 78 Latin America: Market Size, By Solution, 2015–2022 (USD Million)
Table 79 Operations Management Market Size, By Type, 2015–2022 (USD Million)
Table 80 Information Management Market Size, By Type, 2015–2022 (USD Million)
Table 81 Vehicle Telematics Market Size, By Type, 2015–2022 (USD Million)
Table 82 Risk Management Market Size, By Type, 2015–2022 (USD Million)
Table 83 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 84 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 85 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 86 Latin America: Market Size, By Fleet Type, 2015–2022 (USD Million)
Table 87 Commercial Fleets, By Type, 2015–2022 (USD Million)
Table 88 Middle East and Africa: Market Size, By Type, 2015–2022 (USD Million)
Table 89 Middle East and Africa: Market Size, By Solution, 2015–2022 (USD Million)
Table 90 Operations Management Market Size, By Type, 2015–2022 (USD Million)
Table 91 Information Management Market Size, By Type, 2015–2022 (USD Million)
Table 92 Vehicle Telematics Market Size, By Type, 2015–2022 (USD Million)
Table 93 Risk Management Market Size, By Type, 2015–2022 (USD Million)
Table 94 Fleet Management Market, By Service, 2015–2022 (USD Million)
Table 95 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 96 Middle East and Africa: Market, By Deployment Type, 2015–2022 (USD Million)
Table 97 Middle East and Africa: Market Size, By Fleet Type, 2015–2022 (USD Million)
Table 98 Commercial Fleets, By Type, 2015–2022 (USD Million)

List of Figures

Figure 1 Fleet Management Market Segmentation
Figure 2 Fleet Management Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Microquadrant: Criteria Weightage
Figure 8 Fleet Management Market: Assumptions
Figure 9 Fleet Management Market is Expected to Witness Significant Growth During the Forecast Period
Figure 10 Top 3 Leading Segments in the Fleet Management Market in 2017
Figure 11 Fleet Management Regional Market Scenario
Figure 12 Strict Regulatory Mandates in North America and Europe are Driving the Market Toward Growth
Figure 13 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Solutions Segment is Expected to Be the Major Contributor of Fleet Management Market During the Forecast Period
Figure 15 Operations Management Segment is Expected to Lead the Fleet Management Market During the Forecast Period
Figure 16 Professional Services Segment is Expected to Lead the Fleet Management Market in Terms of Market Share During the Forecast Period
Figure 17 Fleet Management Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Solutions Segment is Expected to Hold A Larger Market Size in the Fleet Management Market During the Forecast Period
Figure 19 Operations Management Solution is Expected to Hold the Largest Market Size in the Fleet Management Market
Figure 20 Professional Services Segment is Expected to Hold A Larger Market Size During the Forecast Period
Figure 21 Cloud Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 22 Passenger Cars Segment is Expected to Have A Larger Market Size During the Forecast Period
Figure 23 North America is Expected to Have the Largest Market Size in the Fleet Management Market During the Forecast Period
Figure 24 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 North America: Market Snapshot
Figure 26 Asia Pacific: Market Snapshot
Figure 27 Fleet Management Market (Global), Competitive Leadership Mapping, 2017
Figure 28 AT&T: Company Snapshot
Figure 29 Donlen Corporation: Company Snapshot
Figure 30 Geotab: Company Snapshot
Figure 31 Leaseplan Usa: Company Snapshot
Figure 32 Masternaut: Company Snapshot
Figure 33 Merchants Fleet Management: Company Snapshot
Figure 34 Omnitracs: Company Snapshot
Figure 35 Teletrac Navman: Company Snapshot
Figure 36 Tomtom Telematics: Company Snapshot
Figure 37 Trimble: Company Snapshot
Figure 38 Verizon Telematics: Company Snapshot
Figure 39 Wheels, Inc.: Company Snapshot
Figure 40 Workwave: Company Snapshot

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