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FLEET MANAGEMENT MARKET ANALYSIS

Fleet Management Market, By Application Type (Real-Time Location Monitoring, Weight/Volume Tracking, Fuel Management, Driver Management, Maintenance Management, and Accounting and Insurance), By Commercial Vehicle Type (Light Commercial Vehicles, and Heavy Commercial Vehicles), By Component (Hardware, Software, and Service), By Deployment (Cloud, and On-Premises), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Leading Companies

In August 2021, eBikeGo, announced the launch of EBG-Matics, an advanced artificial intelligence and IoT-based fleet management system. The new systems can analyze vehicle and rider behavior for improving efficiency.

In May 2022, Motive Technologies Inc. also called KeepTrucking raised US$ 150 million in new funding for scaling up the investment in AI and expand its product suite into spend management on increasing the enterprising capabilities.

In March 2021, Azuga, a fleet technology provider introduced an advanced software-as-a-service solution, SafetyIQ for providers of commercial auto fleet and insurance.

In 2021, Inseego sold the Ctrack South African branch to the convergence partners, which is an investment management organization focusing on telecommunication industry, technology and media industries in Africca.

Global Fleet Management Market: Key Companies Insights

The global fleet management market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global fleet management market are AT&T Inc., Verizon, Zebra Technologies Corp., Trimble Inc., Teletrac Navman US Ltd., TomTom International BV, and Others

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