Smart Fleet Management Market by Application, Type and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 184 SKU: IRTNTR43715

 Smart Fleet Management Market Forecast 2023-2027

The smart fleet management market size is forecast to increase by USD  305.58 billion at a CAGR of 11.37% between 2022 and 2027. Market expansion hinges on diverse factors such as stringent government regulations governing fleet management, the imperative of real-time fleet monitoring, and the continual pursuit of enhanced operational efficiency within fleets. Additionally, emphasizing convoy security and optimizing fuel management play pivotal roles in propelling market growth. These intertwined elements collectively drive innovation and investment in fleet management technologies, ensuring compliance, safety, and cost-effectiveness across various industries reliant on convoy operations. As organizations strive for greater operational visibility, control, and productivity, the demand for advanced convoy management solutions is poised to surge, reflecting an industry-wide shift toward more efficient, secure, and sustainable fleet management practices.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by application (tracking, ADAS, optimization, fuel cards, and automatic vehicle identification), type (roadways, railroad, marine, and aviation), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

The market is propelled by the study of market dynamics and trends, establishing a solid base year for assessments. The increasing volume and value of fleet operations, coupled with advancements in mode of transportation and connectivity solutions, are significant drivers. However, challenges such as complying with legislation for transport safety, combating theft activities, minimizing road accidents, optimizing fuel consumption, and enhancing vehicle maintenance through data analysis and real-time alerts remain critical areas for improvement in this sector. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The government regulations for fleet management are the key factor driving the global market growth. Fleet operators are closely monitoring fleet vehicles and driver behaviour patterns, and are placing increasing emphasis on regulating the working environment. The government also advocates increased surveillance of convoy off-road vehicle to improve safety and reduce the number of accidents that can occur due to driver negligence. Enforcement is being strengthened. For example, the Compliance Safety Accountability (CSA) program was initiated by the US Department of Transportation's Federal Motor Carrier Safety Administration.

In addition, the Federal Travel Regulation (FTR), Facilitating the Federal Fleet Policy Council (FEDFLEET), and Federal Management Regulation (FMR) is also regulating convoy management in the US. The increasing number of regulations coming into effect this year and in the future will drive a relentless focus on software and data. Owners and operators will increasingly look for ways to automate the reporting of regulatory and operational data, leading to greater efficiency and simpler shoreside intervention and control. Such factors will increase the market growth during the forecast period.

Significant Market Trend

Increasing adoption of telematics and electric vehicle, and the growing incorporation of electronic vehicles in company fleets is the primary trend in the global market growth. Advanced technologies such as telematics are core components to ensure driver safety and proper accident management. Adaptive headlights, frontal collision avoidance systems, adaptive cruise control, and reversing cameras for parking assistance help reduce the number of accidents. Telematics helps convoy managers operate vehicle convoy effectively and safely.

Moreover, autonomous vehicles are self-driven vehicles and can operate without human interference and supervision. They sense their environmental conditions and navigate autonomously using technologies such as GPS, Light Detection and Ranging (LIDAR), radar, and advanced control systems. Although the concept of autonomous vehicles is yet to be accepted, it is expected to pick up the pace during the forecast period.

Major Market Challenge

Fleet data management issues are a major challenge to the global market growth. Fleet operators receive a huge volume of data about the daily operations of the fleet through various channels, such as documents from their workers and technicians, fuel bills, routes traversed by commercial vehicle, and reports such as work order performance. The evolution of maritime information technology has two prevailing characteristics: an ever-increasing pace of change and a focus on regulatory reporting and performance management, both of which require comprehensive data management. The changes taking place can be seen in the rapid increase in the take-up of cloud and mobile solutions. These improve the accessibility of data and encourage interest in accessing sensor data that affects the volume of data available.

Moreover, for providing customized services in FMS, companies need to use specific software to collect the required data and evaluate it as per the demand of convoy operators. Information provided by fleet workers is often inaccurate and can cause losses in business. For instance, there are often inaccuracies in the number of hours clocked by workers, and such inaccuracies cannot be corrected by convoy management systems. These factors are expected to challenge the growth of the market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

 Market Customer Landscape

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Avnet Inc. - Avnet is a public company headquartered in the US. The company offers Smart Fleet Management solutions. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Cisco Systems Inc.
  • CLM Fleet Management Plc
  • Continental AG
  • Cyrrup Solutions Pvt. Ltd.
  • DENSO Corp.
  • FleetGO Group Ltd.
  • Fleetsmart
  • International Business Machines Corp.
  • Oracle Corp.
  • ORBCOMM Inc.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Siemens AG
  • Sierra Wireless Inc.
  • Speedcast International Ltd.

Qualitative and quantitative market growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The Market is a dynamic sector driven by various factors such as the study of market trends, base year assessments, and continuous volume and value evaluations. Advancements in mode of transportation and connectivity solutions have revolutionized fleet management, making it imperative for fleet operators to comply with legislations and prioritize transport safety. The rising demand for efficient transportation across various sectors, like ships, has led to the adoption of Smart transport systems and the involvement of Governing bodies in regulating energy consumption and curbing theft activities and road accidents. Fleet management solutions now focus on driver's performance, optimizing fuel consumption, effective route management, and proactive vehicle maintenance through data analysis and real-time alerts.

The market share growth by the tracking segment will be significant during the forecast period. A GPS vehicle monitoring and fleet management solution is not complete without a GPS tracking device. Better management of vehicles is possible with the help of smart fleet management. By using real-time traffic data, route planning can be improved, and idling time and unnecessary travel can be reduced. It can maintain the efficiency of your fleet by making the most of all your resources, including tires and fuel.

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The tracking segment was valued at USD 95.50 billion in 2017 and continue to grow by 2021. The movement and location of any vehicle in real-time can be tracked once the technician has installed these devices in the fleet. A reputable telematics solution may give you access to this data so you can accurately track vehicles' whereabouts, where they were when they started their journey, where they stopped, and for how long. Tracking with boosting efficiency and will also enhance customer service because of the ability to let consumers know when their vehicle will arrive. To increase cost savings, the system can potentially be expanded to include sensors that monitor fuel levels, open doors, and other events. Such factors are expected to drive the adoption of the smart fleet management system, which in turn fuels the growth of the market during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC will witness the highest growth during the forecast period due to a surge in the transport facilities in China, India, Japan, Malaysia, Australia, and Singapore, among other countries. The changing approach of governments toward fleet drivers, operators, goods, and passenger safety has imposed many regulations that mandate transportation original equipment manufacturers (OEMs) to deliver the installed safety features. Improving socioeconomic conditions in countries such as Thailand, Indonesia, India, and China have resulted in the growth of the demand for a premium segment fleet. This has fueled the market in these countries during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest market trends and growth opportunities from 2017 to 2027.

  • Application Outlook
    • Tracking
    • ADAS
    • Optimization
    • Fuel cards
    • Automatic vehicle identification
  • Type Outlook 
    • Roadways
    • Railroad
    • Marine
    • Aviation
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Market is witnessing significant growth driven by various factors such as advancements in connectivity technologies, stringent legislations promoting transport safety, and the increasing adoption of smart transport systems. As the transportation industry embraces digital transformation, real-time monitoring and fleet optimization are becoming critical for mode of transportation across various sectors, including ships, automotive, and rolling stock. Key players in the market are utilizing competition mapping, secondary sources, and paid databases to gather insights, employing a bottom-up approach to understand fleet production trends and penetration rates. The focus is on enhancing vehicle intelligence and security, implementing Real-Time Monitoring solutions, and leveraging connectivity type for efficient route management and fuel consumption.

Moreover, government bodies and governing bodies are actively involved in promoting transport safety and reducing carbon emissions through traffic congestion management and infrastructure improvement. The market is witnessing innovations in Smart surveillance, Real-time alerts, and AI and machine learning capabilities for driver behavior analysis and maintenance requirements prediction.Cloud-based technology is playing a crucial role in fleet tracking, remote diagnostics, and security features implementation, addressing cyber security concerns and enabling two-way communication for rescheduling and asset management. Overall, the Market is poised for significant growth with the adoption of innovative products and smart devices for fleet optimization and cost-effective measures.

Smart transport system integrate anti-theft notifications with real-time fleet monitoring, utilizing remote servers to enhance transportation medium. These Remote server offer heightened security and efficiency, ensuring safer journeys and effective management. Embracing technological advancements like Real-time fleet monitoring systems, they revolutionize how we navigate the world, promising a seamless and secure transportation experience.

Market Scope

Report Coverage

Details

Page number

184

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 11.37%

Market growth 2023-2027

USD 305.58 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

7.53

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 40%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Avnet Inc., Cisco Systems Inc., CLM Fleet Management Plc, Continental AG, Cyrrup Solutions Pvt. Ltd., DENSO Corp., FleetGO Group Ltd., Fleetsmart, International Business Machines Corp., Oracle Corp., ORBCOMM Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Siemens AG, Sierra Wireless Inc., Speedcast International Ltd., Tech Mahindra Ltd., TomTom International BV, Total Motion Ltd., and Trakm8 Holdings Plc

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough market research report analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth and forecasting analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global smart fleet management market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global smart fleet management market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Tracking - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Tracking - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Tracking - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Tracking - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Tracking - Year-over-year growth 2022-2027 (%)
    • 6.4 ADAS - Market size and forecast 2022-2027
      • Exhibit 38: Chart on ADAS - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on ADAS - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on ADAS - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on ADAS - Year-over-year growth 2022-2027 (%)
    • 6.5 Optimization - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Optimization - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Optimization - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Optimization - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Optimization - Year-over-year growth 2022-2027 (%)
    • 6.6 Fuel cards - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Fuel cards - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Fuel cards - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Fuel cards - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Fuel cards - Year-over-year growth 2022-2027 (%)
    • 6.7 Automatic vehicle identification - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Automatic vehicle identification - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Automatic vehicle identification - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Automatic vehicle identification - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Automatic vehicle identification - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 55: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 57: Chart on Comparison by Type
      • Exhibit 58: Data Table on Comparison by Type
    • 7.3 Roadways - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Roadways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Roadways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Roadways - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Roadways - Year-over-year growth 2022-2027 (%)
    • 7.4 Railroad - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Railroad - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Railroad - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Railroad - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Railroad - Year-over-year growth 2022-2027 (%)
    • 7.5 Marine - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Marine - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Marine - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Marine - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Marine - Year-over-year growth 2022-2027 (%)
    • 7.6 Aviation - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Aviation - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Aviation - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 75: Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 77: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 78: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 79: Chart on Geographic comparison
      • Exhibit 80: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 97: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 101: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 114: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 115: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 117: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 118: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 119: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 120: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 121: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 122: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 123: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 124: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 125: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 126: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 127: Matrix on vendor position and classification
            • 12.3 Avnet Inc.
              • Exhibit 128: Avnet Inc. - Overview
              • Exhibit 129: Avnet Inc. - Business segments
              • Exhibit 130: Avnet Inc. - Key news
              • Exhibit 131: Avnet Inc. - Key offerings
              • Exhibit 132: Avnet Inc. - Segment focus
            • 12.4 Cisco Systems Inc.
              • Exhibit 133: Cisco Systems Inc. - Overview
              • Exhibit 134: Cisco Systems Inc. - Business segments
              • Exhibit 135: Cisco Systems Inc. - Key news
              • Exhibit 136: Cisco Systems Inc. - Key offerings
              • Exhibit 137: Cisco Systems Inc. - Segment focus
            • 12.5 CLM Fleet Management Plc
              • Exhibit 138: CLM Fleet Management Plc - Overview
              • Exhibit 139: CLM Fleet Management Plc - Product / Service
              • Exhibit 140: CLM Fleet Management Plc - Key offerings
            • 12.6 Continental AG
              • Exhibit 141: Continental AG - Overview
              • Exhibit 142: Continental AG - Business segments
              • Exhibit 143: Continental AG - Key offerings
              • Exhibit 144: Continental AG - Segment focus
            • 12.7 DENSO Corp.
              • Exhibit 145: DENSO Corp. - Overview
              • Exhibit 146: DENSO Corp. - Business segments
              • Exhibit 147: DENSO Corp. - Key news
              • Exhibit 148: DENSO Corp. - Key offerings
              • Exhibit 149: DENSO Corp. - Segment focus
            • 12.8 FleetGO Group Ltd.
              • Exhibit 150: FleetGO Group Ltd. - Overview
              • Exhibit 151: FleetGO Group Ltd. - Product / Service
              • Exhibit 152: FleetGO Group Ltd. - Key offerings
            • 12.9 Fleetsmart
              • Exhibit 153: Fleetsmart - Overview
              • Exhibit 154: Fleetsmart - Product / Service
              • Exhibit 155: Fleetsmart - Key offerings
            • 12.10 International Business Machines Corp.
              • Exhibit 156: International Business Machines Corp. - Overview
              • Exhibit 157: International Business Machines Corp. - Business segments
              • Exhibit 158: International Business Machines Corp. - Key news
              • Exhibit 159: International Business Machines Corp. - Key offerings
              • Exhibit 160: International Business Machines Corp. - Segment focus
            • 12.11 ORBCOMM Inc.
              • Exhibit 161: ORBCOMM Inc. - Overview
              • Exhibit 162: ORBCOMM Inc. - Product / Service
              • Exhibit 163: ORBCOMM Inc. - Key offerings
            • 12.12 Robert Bosch GmbH
              • Exhibit 164: Robert Bosch GmbH - Overview
              • Exhibit 165: Robert Bosch GmbH - Business segments
              • Exhibit 166: Robert Bosch GmbH - Key offerings
              • Exhibit 167: Robert Bosch GmbH - Segment focus
            • 12.13 Siemens AG
              • Exhibit 168: Siemens AG - Overview
              • Exhibit 169: Siemens AG - Business segments
              • Exhibit 170: Siemens AG - Key news
              • Exhibit 171: Siemens AG - Key offerings
              • Exhibit 172: Siemens AG - Segment focus
            • 12.14 Sierra Wireless Inc.
              • Exhibit 173: Sierra Wireless Inc. - Overview
              • Exhibit 174: Sierra Wireless Inc. - Business segments
              • Exhibit 175: Sierra Wireless Inc. - Key offerings
              • Exhibit 176: Sierra Wireless Inc. - Segment focus
            • 12.15 Speedcast International Ltd.
              • Exhibit 177: Speedcast International Ltd. - Overview
              • Exhibit 178: Speedcast International Ltd. - Product / Service
              • Exhibit 179: Speedcast International Ltd. - Key offerings
            • 12.16 Tech Mahindra Ltd.
              • Exhibit 180: Tech Mahindra Ltd. - Overview
              • Exhibit 181: Tech Mahindra Ltd. - Business segments
              • Exhibit 182: Tech Mahindra Ltd. - Key offerings
              • Exhibit 183: Tech Mahindra Ltd. - Segment focus
            • 12.17 TomTom International BV
              • Exhibit 184: TomTom International BV - Overview
              • Exhibit 185: TomTom International BV - Business segments
              • Exhibit 186: TomTom International BV - Key offerings
              • Exhibit 187: TomTom International BV - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 188: Inclusions checklist
                • Exhibit 189: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 190: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 191: Research methodology
                • Exhibit 192: Validation techniques employed for market sizing
                • Exhibit 193: Information sources
              • 13.5 List of abbreviations
                • Exhibit 194: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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