2020 Analysis and Review: Fleet Management Market by Component – Hardware, Software, and Industry for 2020 - 2030
Valley Cottage, NY -- (SBWIRE) -- 11/02/2020 -- Future Market Insights (FMI) presents its new, comprehensive study on the Global Fleet Management Market spanning from 2020 to 2030. The report takes a deep dive into the Fleet Management market after exhaustively researching, analyzing, and assessing the market's global and regional trends to encourage market players to improve their business tactics and succeed in the long-run. Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints. Backed by historical data and projected data, the report breaks down the vast study into numerous geographies and end-use segments, among others to condense the research.
The researchers have analyzed macro-economic factors such as political, economic, social, technological, environmental, and legal developments, to derive the drivers and restraints of the Fleet Management market. Excessive study of the political and economic landscape of all major regions has been done to present the factors that will impel the market revenue. On the other hand, consumer behavior across the globe has been scrutinized to understand the possible growth restraints, in addition to other macro factors. Understanding the restraining factors empowers market players to mitigate the possible risks that they may have to deal with during the forecast period.
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Understanding the trends and the market enables stakeholders to orient their growth strategies and leverage the revenue opportunities. Having studied facets, FMI's study projects that the global Fleet Management market is projected to grow in value at a CAGR of ~10% through the assessment period.
COVID-19: Impact Analysis
Akin to numerous industries, the global technology sector is witnessing adverse consequences of the COVID-19 pandemic. With governments across the world implementing restrictions on operations, this has created a drastic shortage of resources - both manual and material. As a result, there has been a start change in both the consumer and supplier priorities. While essential technologies are anticipated to thrive, the growth trajectory of the Fleet Management market will experience fluctuations.
FMI's report includes a dedicated section expounding both the short-term and long-term impact of the pandemic on the Fleet Management market. The study is shaped to bolster stakeholders in making the right decisions to mitigate challenges and leverage opportunities through the pandemic.
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Fleet Management Market: Segmentation
To simply the gargantuan study, the report is segregated on the basis of different segments.
GPS Tracking Devices
Bluetooth Tracking Tags (BLE Beacons)
Fleet Management Software
North America (US, Canada)
Latin America (Brazil, Mexico, Rest of LATAM)
Europe (Germany, UK, Russia, France, Italy, Spain, BENELUX, Rest of Europe)
South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Pacific)
East Asia (China, Japan, and South Korea)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, and Rest of MEA)
The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.
Fleet Management Market: Competition Analysis
Numerous players in the Fleet Management market have been studied based on service and application portfolios, market share, and growth potential, among other details, which are sure to empower individual players in adapting strategies to gain dominance. The report also indulges in forecasting trends, supply-side demands, strategies of players, and how these will change during the forecast period, thereby preparing market players to act accordingly. The way leading market players are implementing strategies and reshaping them based on emerging trends has been given high importance. Understanding the same will bolster market players in making appropriate business decisions, and guide them on a profitable path through the forecast period. Key players covered in the research include
Fleetmatics Group plc (Verizon)
Cisco Systems Inc.
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Key Questions Answered in FMI's Fleet Management Market Report
Which region is anticipated to hold a prominent market share over the forecast period?
What will be the key driving factor propelling the demand for Fleet Management during the forecast period?
How current socio-economic trends will impact the Fleet Management market?
What are the growth strategies implemented by prominent players in the Fleet Management market to maintain their foothold in the competitive landscape?
About Future Market Insights
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
FMI's research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
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