Enjoy complimentary customisation on priority with our Enterprise License!
The smart fleet management market size is forecast to increase by USD 241.6 billion, at a CAGR of 8.8% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. Government regulations mandating efficient fleet operations and the increasing adoption of telematics, autonomous vehicles, and electronic vehicles are major growth factors. Fleet operators in various transportation mediums are increasingly relying on real-time monitoring and vehicle monitoring through cloud-based technology and fleet tracking systems. These solutions enable fleet owners to manage their assets effectively, optimize fuel consumption, and ensure two-way communication between vehicles and a remote server. However, concerns related to cybersecurity and the need for strong security features in intelligent transportation systems pose challenges to market growth. Overall, the market is expected to witness continued expansion as fleet management becomes an integral part of modern business operations.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.