The article cited AMA's Global Fleet Manage System Market Study explored substantial growth with CAGR of 17.8%. According to the study, Rising Dependency on Cloud Computing in Fleet Management
is one of the primary growth factors for the market. Upsurging Demand of Logistics and Transport
is also expected to contribute significantly to the Fleet Manage System market. Overall, Logistics and Transportation
applications of Fleet Manage System, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as AT&T (United States), Donlen Corporation (United States), IBM Corporation (United States), Geotab (Canada), Tomtom NV (Netherlands), LeasePlan USA (United States), Masternaut Limited (United Kingdom), Merchants Fleet Management (United States), Omnitracs (United States) and Teletrac Navman (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Fleet Manage System market identified that the demand is rising in many different parts of the world as "Rising Usage of Reed sensors in Developing Nations". Furthermore, some recent industry insights like "On 8th March 2018, Donlen (the fleet industry’s most customer-centric as well as technically integrated distributors of financing and fleet management solutions) has released Recall inSIGHT." is constantly making the industry dynamic. One of the challenges that industry facing is "Fuel Price Fluctuations and Increasing Concern Regarding Driver Safety"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Fleet Manage System market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Fleet Manage System market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Fleet Manage System market tight? Which application/end-user category or Product Type [Operations Management, Information Management, Risk Management, Vehicle Maintenance & Leasing and Safety & Compliance Management] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fleet Manage System market and other related sub-markets covered in the study.
o Key & emerging players in the Fleet Manage System market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Fleet Manage System market size is calculated using market estimation process, the Fleet Manage System market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fleet Manage System market size has been validated using both top-down and bottom-up approaches.