Smart Fleet Management Market By Current Industry Status, Growth Opportunities, Top Key Players, Target Audience And Forecast To 2027

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Sep 30, 2020 (Profound via COMTEX) —
The global Smart Fleet Management market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of XX% throughout the estimate period from 2020 to 2027.

Smart fleet management, essentially, a system through which operators keep track of variable factors such as fuel consumption, maintenance and route management. Smart fleet management systems provide a dedicated server for fleet data and security in a single system, which enables operators to analyze and make informed and cost effective decisions or enhance safety. Such availability of integrated data through smart fleet management systems attract customers, toward these solutions, across the globe. With the entire automotive industry pushing for higher fuel efficiency in vehicles combined with high speed networks, the market for smart fleet management is expected to witness significant growth during the forecast period. Rising demand for connectivity and government regulations are expected to augment the smart fleet management market. Reduction of both, transportation cost and operating cost has come forth as a major trend in the automotive industry, which encourages the players in the smart fleet management market.

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This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Smart Fleet Management market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Smart Fleet Management market growth.

The global Smart Fleet Management market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

The key players of global smart fleet management market are Harman International Industries, Inc., Robert Bosch GmbH., Siemens AG, Denso Corporation, IBM Corporation, Continental AG, Cisco Systems, Inc., Sierra Wireless, Inc., Calamp Corp., OTTO Marine Ltd., Precious Shipping Co. Ltd., and Globecomm Systems, Inc. In 2016, these companies accounted for a share of XX% of the global market.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

By Solution

Tracking

Optimization

By Transportation

Automotive

Rolling Stock

Marine

By Hardware

Tracking

Optimization

ADAS

Diagnostic

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COMTEX_372099560/2630/2020-09-30T06:55:01

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