In terms of component, the market is segmented into services and solution.īased on fleet type, the industry is fragmented into passenger cars and commercial fleet. Prevailing trends indicate end-users will continue to seek advanced services to expand their footfall.Ĭlick here to get the short-term and long-term impact of COVID-19 on this Market: For instance, Verizon Connect Report 2021 claimed 68% of the fleets used GPS tracking technology and software solutions in their vehicles. Following the COVID-19 outbreak, a slew of commercial vehicle manufacturers upped investments in GPS tracking systems to expand their footfall. The market presence of management software became pronounced with fleet managers showing traction for advanced software solutions and services. Trend for Real-time Tracking Solutions to Solidify North America MarketĪlthough a majority of the industries grappled with the onslaught of the COVID-19 pandemic, some end-use sectors, such as pharmaceuticals, agriculture, and FMCG, exhibited resilience. Need for Essential Products to Augment Fleet Management Software Market DemandĮxpansion of State-of-the-art Technologies to Propel Industry Growth Report Scope & Segmentation Report Coverageįleet Management Software Market Size in 2021Ĭomponent, Fleet Type, Industry and Geographyįleet Management Software Market Growth Drivers It consists of an LTE connectivity driver monitoring system and in-cabin safety solutions.
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May 2023
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