Fleet Management Software Global Market Report 2024

Description

Fleet management software is a specialized computer program crafted to streamline the administration of various facets related to an organization's fleet of vehicles. This robust software aids in overseeing tasks from vehicle procurement to disposal. Its features encompass vehicle inventory control, scheduling maintenance, tracking licensing and insurance details, managing costs, overseeing drivers, real-time vehicle tracking, handling incidents, and other pertinent functions.

The main categories of fleet management software include operations management, vehicle maintenance and diagnostics, performance management, fleet analytics and reporting, and more. Operations management involves strategically overseeing production processes, supply chain logistics, inventory management, and quality control. This software can be deployed either on-premises or in the cloud, serving the needs of both commercial and passenger car fleets. It offers valuable utility across a wide spectrum of industries, including manufacturing, oil and gas, transportation and logistics, construction, chemicals, energy and utilities, retail, and various other sectors.

The fleet management software research report is one of a series of new reports from The Business Research Company that provides fleet management software market statistics, including the fleet management software industry's global market size, regional shares, competitors with a fleet management software market share, detailed fleet management software market segments, market trends and opportunities, and any further data you may need to thrive in the fleet management software industry. This fleet management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The fleet management software market size has grown rapidly in recent years. It will grow from $20.53 billion in 2023 to $24.04 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth witnessed in the historical period can be credited to various factors. These include the rising demand for autonomous and electric vehicles (EVs), the uptake of real-time monitoring systems, the adoption of predictive maintenance practices, the emergence of mobility-as-a-service (MaaS) solutions, and the increasing connectivity between vehicles and management systems.

The fleet management software market size is expected to see rapid growth in the next few years. It will grow to $45.42 billion in 2028 at a compound annual growth rate (CAGR) of 17.2%. The projected growth in the forecast period is attributed to several factors. These include the ongoing digitization of vehicles, heightened concerns regarding cybersecurity, a significant emphasis on safety and security measures, compliance with regulatory requirements, and the evolving expectations of customers. Major trends expected during this period include the widespread adoption of global positioning systems (GPS), advancements in mobile communications technologies, the implementation of driver monitoring systems, the utilization of behavior analytics for deeper insights, the increasing popularity of mobile and cloud-based fleet management solutions, the integration of artificial intelligence (AI) and machine learning (ML) technologies, as well as the expanding utilization of Internet of Things (IoT) technologies in fleet management operations.

The fleet management software market is primed for expansion, driven by the rapid proliferation of e-commerce activities on a global scale. E-commerce encompasses a spectrum of online transactions, including buying and selling goods, digital payments, and various transaction models, revolutionizing traditional commerce through internet-based platforms. The growth of e-commerce is propelled by factors such as heightened internet penetration, the convenience associated with online shopping, and evolving consumer preferences for digital transactions. Fleet management software plays a pivotal role in optimizing delivery operations within the e-commerce sector, enhancing efficiency, and ensuring prompt and accurate order fulfillment. According to data from the U.S. Census Bureau released in February 2024, total e-commerce sales in the US surged to $1,118.7 billion in 2023, marking a notable 7.6% increase compared to the preceding year. E-commerce sales accounted for 15.4% of total sales in 2023, underscoring its significant influence in driving the growth of the fleet management software market.

Key players in the fleet management software market are placing considerable emphasis on developing advanced technological solutions to cater to the evolving demands of the industry. Innovations such as GPS fleet tracking and dual-facing dashcam solutions are aimed at augmenting vehicle monitoring, fleet efficiency, and overall safety and compliance measures. Bridgestone Americas introduced Azuga Fleet Management Solutions on AWS Marketplace in August 2023, offering fleet customers convenient access to comprehensive tracking and video recording capabilities. This initiative streamlines the procurement and deployment processes, aligning with Bridgestone's commitment to fostering trust among customers and driving effective management practices.

In December 2023, Komatsu Ltd. bolstered its fleet management technology offerings through the acquisition of iVolve Holdings Pty Ltd. This strategic maneuver enriches Komatsu's suite of solutions tailored for the construction and mining sectors, complementing existing offerings such as smart construction and smart quarry applications. iVolve Holdings Pty Ltd., headquartered in Australia, specializes in fleet management software, further solidifying Komatsu's position as a frontrunner in delivering innovative solutions for optimizing fleet operations in industrial settings.

Major companies operating in the fleet management software market are AT&T Inc, Intel Corporation, International Business Machines Corporation, Cisco Systems Inc, ZF Friedrichshafen AG, Oracle Corporation, LeasePlan Corporation N.V., Zebra Technologies Corporation, Garmin Ltd., Trimble Inc., FLEETCOR Technologies Inc, Holman Automotive Inc., Element Fleet Management Corp., Verizon Connect, Geotab Inc., TomTom Telematics BV, Omnitracs LLC, Samsara Inc, Teletrac Navman, Orbcomm, Emkay Inc., Wheels Inc., MiX Telematics Ltd., Lytx Inc., Magellan Navigation Inc., Masternaut Limited, Fleetio, GPS Insight, Avrios, Quartix Ltd

North America was the largest region in the fleet management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fleet management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the fleet management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fleet management software market consists of revenues earned by entities by providing services such as vehicle tracking and monitoring, driver behavior monitoring, fuel management, route optimization, compliance management, and asset tracking and management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Type: Operations Management; Vehicle Maintenance And Diagnostics; Performance Management; Fleet Analytics And Reporting
2) By Deployment: On-premises; Cloud
3) By Fleet Type: Commercial; Passenger Cars
4) By End-Users: Manufacturing; Oil And Gas; Transportation And Logistics; Construction; Chemical; Energy And Utilities; Retail
Covering: AT&T Inc.; Intel Corporation; International Business Machines Corporation; Cisco Systems Inc.; ZF Friedrichshafen AG

Product Code: r17358

1. Executive Summary

2. Fleet Management Software Market Characteristics

3. Fleet Management Software Market Trends And Strategies

4. Fleet Management Software Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Fleet Management Software Market Size and Growth

5.1. Global Fleet Management Software Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Fleet Management Software Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Fleet Management Software Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Fleet Management Software Market Segmentation

6.1. Global Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Operations Management
Vehicle Maintenance And Diagnostics
Performance Management
Fleet Analytics And Reporting
Other Types
6.2. Global Fleet Management Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-Premises
Cloud
6.3. Global Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Commercial
Passenger Cars
6.4. Global Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manufacturing
Oil And Gas
Transportation And Logistics
Construction
Chemical
Energy And Utilities
Retail
Other End-users

7. Fleet Management Software Market Regional And Country Analysis

7.1. Global Fleet Management Software Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Fleet Management Software Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Fleet Management Software Market

8.1. Asia-Pacific Fleet Management Software Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Fleet Management Software Market

9.1. China Fleet Management Software Market Overview
9.2. China Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Fleet Management Software Market

10.1. India Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Fleet Management Software Market

11.1. Japan Fleet Management Software Market Overview
11.2. Japan Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Fleet Management Software Market

12.1. Australia Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Fleet Management Software Market

13.1. Indonesia Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Fleet Management Software Market

14.1. South Korea Fleet Management Software Market Overview
14.2. South Korea Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Fleet Management Software Market

15.1. Western Europe Fleet Management Software Market Overview
15.2. Western Europe Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Fleet Management Software Market

16.1. UK Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Fleet Management Software Market

17.1. Germany Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Fleet Management Software Market

18.1. France Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Fleet Management Software Market

19.1. Italy Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Fleet Management Software Market

20.1. Spain Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Fleet Management Software Market

21.1. Eastern Europe Fleet Management Software Market Overview
21.2. Eastern Europe Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Fleet Management Software Market

22.1. Russia Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Fleet Management Software Market

23.1. North America Fleet Management Software Market Overview
23.2. North America Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Fleet Management Software Market

24.1. USA Fleet Management Software Market Overview
24.2. USA Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Fleet Management Software Market

25.1. Canada Fleet Management Software Market Overview
25.2. Canada Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Fleet Management Software Market

26.1. South America Fleet Management Software Market Overview
26.2. South America Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Fleet Management Software Market

27.1. Brazil Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Fleet Management Software Market

28.1. Middle East Fleet Management Software Market Overview
28.2. Middle East Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Fleet Management Software Market

29.1. Africa Fleet Management Software Market Overview
29.2. Africa Fleet Management Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Fleet Management Software Market, Segmentation By Fleet Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Fleet Management Software Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Fleet Management Software Market Competitive Landscape And Company Profiles

30.1. Fleet Management Software Market Competitive Landscape
30.2. Fleet Management Software Market Company Profiles
- 30.2.1. AT&T Inc
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Intel Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. International Business Machines Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Cisco Systems Inc
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. ZF Friedrichshafen AG
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Fleet Management Software Market Other Major And Innovative Companies

31.1. Oracle Corporation
31.2. LeasePlan Corporation N.V.
31.3. Zebra Technologies Corporation
31.4. Garmin Ltd.
31.5. Trimble Inc.
31.6. FLEETCOR Technologies Inc
31.7. Holman Automotive Inc.
31.8. Element Fleet Management Corp.
31.9. Verizon Connect
31.10. Geotab Inc.
31.11. TomTom Telematics BV
31.12. Omnitracs LLC
31.13. Samsara Inc
31.14. Teletrac Navman
31.15. Orbcomm

32. Global Fleet Management Software Market Competitive Benchmarking

33. Global Fleet Management Software Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Fleet Management Software Market

35. Fleet Management Software Market Future Outlook and Potential Analysis

35.1 Fleet Management Software Market In 2028 - Countries Offering Most New Opportunities
35.2 Fleet Management Software Market In 2028 - Segments Offering Most New Opportunities
35.3 Fleet Management Software Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer