Global smart fleet management market is estimated to grow with a CAGR of 7.36% in the forecast years from 2021 to 2028.
Fleet management is the process of managing the movement of your fleet of vehicles that serve your employees or customers. A fleet management system helps you track the fleet location, speed, driving behaviour, asset utilization, fuel efficiency, maintenance, and driver behaviour of the fleet.
Based on vehicle type, the fleet management software market report offers detailed insights into the market segments like heavy duty commercial vehicle, light duty commercial vehicle, public transport, logistics, and others.
The market is primarily driven by the rising demand for streamlining fleet operations along with the rapid development in network infrastructure and decreasing hardware costs.
The growing need for the security and safety of cargo and passengers using cars and other modes of transportation is expected to drive the development of the global connected cars market during the forecast period.
In year 2020, the Asia-Pacific occupied a major share of the global market. The growth of this region can be attributed to the rising population, rapid urbanization, the need to manage large fleets, large-scale international trade, and favorable government initiatives in developing nations like India, China, and Indonesia.
Further, the increasing demand for smart transportation everywhere, along with the rising concerns regarding driver & vehicle management, vehicle safety, the implementation of stringent regulations by the government for vehicle & maintenance, are also majorly responsible for the growth of the market studied.
What does Fleetable provides-
Fleetable is a bouquet of services for transport and logistics sector, we understand that each client has different set of requirements, we have created separate yet integrated modules for catering to every kind of need.
Great Fleet Management software that tracks & improve efficiency of your fleet
Services provided by Fleetable:
Resources: ResearchAndMarkets.com
For more information about this report visit https://www.researchandmarkets.com/r/tp7wwo
Fleetable: The best fleet and transport management software in india that will help you manage all aspects of your fleet, from drivers and vehicles to simple maintenance and repairs. Youâll be able to track everything in a single place
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