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Fleet Management Market in Europe 2024-2028

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    Report

  • 152 Pages
  • August 2024
  • Region: Europe
  • TechNavio
  • ID: 5027214
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The fleet management market in Europe is forecasted to grow by USD 22.3 billion during 2023-2028, accelerating at a CAGR of 22.48% during the forecast period. The report on the fleet management market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on efficient use of data to enhance fleet management, integration of video-based safety system in fleet management, and booming E-commerce industry.

The fleet management market in Europe is segmented as below:

By Vehicle Type

  • Commercial fleets
  • Passenger cars

By Technology

  • Commercial telematics hardware
  • Software
  • Connectivity technologies

By Geographical Landscape

  • Europe
This study identifies the increase in EV adoption as one of the prime reasons driving the fleet management market in Europe growth during the next few years. Also, integration of technologically advanced solutions and mobility as a service (MaaS) gaining traction will lead to sizable demand in the market.

The report on the fleet management market in Europe covers the following areas:

  • Fleet management market in Europe sizing
  • Fleet management market in Europe forecast
  • Fleet management market in Europe industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fleet management market in Europe vendors that include AB Volvo, ABAX UK Ltd., AddSecure Group AB, Aeromark Communications Ltd., AREALCONTROL GmbH, Astrata Europe BV, Bridgestone Corp., Caterpillar Inc., Fleet Complete, Frotcom International, G4S Telematix, Geotab Inc., Inseego Corp., Karooooo Ltd., Mercedes Benz Group AG, MiX Telematics Ltd., Targa Telematics S.p.A., TraXall International, Trimble Inc., and Verizon Communications Inc. Also, the fleet management market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Chart on Europe: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
4 Historic Market Size
4.1 Fleet Management Market in Europe 2018 - 2022
Historic Market Size - Data Table on Fleet Management Market in Europe 2018 - 2022 ($ billion)
4.2 Vehicle Type segment analysis 2018 - 2022
Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
4.3 Technology segment analysis 2018 - 2022
Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Vehicle Type
6.1 Market segments
Chart on Vehicle Type - Market share 2023-2028 (%)
Data Table on Vehicle Type - Market share 2023-2028 (%)
6.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
6.3 Commercial fleets - Market size and forecast 2023-2028
Chart on Commercial fleets - Market size and forecast 2023-2028 ($ billion)
Data Table on Commercial fleets - Market size and forecast 2023-2028 ($ billion)
Chart on Commercial fleets - Year-over-year growth 2023-2028 (%)
Data Table on Commercial fleets - Year-over-year growth 2023-2028 (%)
6.4 Passenger cars - Market size and forecast 2023-2028
Chart on Passenger cars - Market size and forecast 2023-2028 ($ billion)
Data Table on Passenger cars - Market size and forecast 2023-2028 ($ billion)
Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ billion)
Data Table on Market opportunity by Vehicle Type ($ billion)
7 Market Segmentation by Technology
7.1 Market segments
Chart on Technology - Market share 2023-2028 (%)
Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
7.3 Commercial telematics hardware - Market size and forecast 2023-2028
Chart on Commercial telematics hardware - Market size and forecast 2023-2028 ($ billion)
Data Table on Commercial telematics hardware - Market size and forecast 2023-2028 ($ billion)
Chart on Commercial telematics hardware - Year-over-year growth 2023-2028 (%)
Data Table on Commercial telematics hardware - Year-over-year growth 2023-2028 (%)
7.4 Software - Market size and forecast 2023-2028
Chart on Software - Market size and forecast 2023-2028 ($ billion)
Data Table on Software - Market size and forecast 2023-2028 ($ billion)
Chart on Software - Year-over-year growth 2023-2028 (%)
Data Table on Software - Year-over-year growth 2023-2028 (%)
7.5 Connectivity technologies - Market size and forecast 2023-2028
Chart on Connectivity technologies - Market size and forecast 2023-2028 ($ billion)
Data Table on Connectivity technologies - Market size and forecast 2023-2028 ($ billion)
Chart on Connectivity technologies - Year-over-year growth 2023-2028 (%)
Data Table on Connectivity technologies - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Technology
Market opportunity by Technology ($ billion)
Data Table on Market opportunity by Technology ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.4 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.5 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ billion)
Data Table on France - Market size and forecast 2023-2028 ($ billion)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
9.6 Rest of Europe - Market size and forecast 2023-2028
Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
9.7 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Table on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 AB Volvo
AB Volvo - Overview
AB Volvo - Business segments
AB Volvo - Key news
AB Volvo - Key offerings
AB Volvo - Segment focus
12.4 ABAX UK Ltd.
ABAX UK Ltd. - Overview
ABAX UK Ltd. - Product / Service
ABAX UK Ltd. - Key offerings
12.5 Aeromark Communications Ltd.
Aeromark Communications Ltd. - Overview
Aeromark Communications Ltd. - Product / Service
Aeromark Communications Ltd. - Key offerings
12.6 AREALCONTROL GmbH
AREALCONTROL GmbH - Overview
AREALCONTROL GmbH - Product / Service
AREALCONTROL GmbH - Key offerings
12.7 Astrata Europe BV
Astrata Europe BV - Overview
Astrata Europe BV - Product / Service
Astrata Europe BV - Key offerings
12.8 Bridgestone Corp.
Bridgestone Corp. - Overview
Bridgestone Corp. - Business segments
Bridgestone Corp. - Key news
Bridgestone Corp. - Key offerings
Bridgestone Corp. - Segment focus
12.9 Caterpillar Inc.
Caterpillar Inc. - Overview
Caterpillar Inc. - Business segments
Caterpillar Inc. - Key news
Caterpillar Inc. - Key offerings
Caterpillar Inc. - Segment focus
12.10 Fleet Complete
Fleet Complete - Overview
Fleet Complete - Product / Service
Fleet Complete - Key offerings
12.11 G4S Telematix
G4S Telematix - Overview
G4S Telematix - Product / Service
G4S Telematix - Key offerings
12.12 Geotab Inc.
Geotab Inc. - Overview
Geotab Inc. - Product / Service
Geotab Inc. - Key news
Geotab Inc. - Key offerings
12.13 Inseego Corp.
Inseego Corp. - Overview
Inseego Corp. - Product / Service
Inseego Corp. - Key offerings
12.14 MiX Telematics Ltd.
MiX Telematics Ltd. - Overview
MiX Telematics Ltd. - Product / Service
MiX Telematics Ltd. - Key offerings
12.15 Targa Telematics S.p.A.
Targa Telematics S.p.A. - Overview
Targa Telematics S.p.A. - Product / Service
Targa Telematics S.p.A. - Key offerings
12.16 Trimble Inc.
Trimble Inc. - Overview
Trimble Inc. - Business segments
Trimble Inc. - Key news
Trimble Inc. - Key offerings
Trimble Inc. - Segment focus
12.17 Verizon Communications Inc.
Verizon Communications Inc. - Overview
Verizon Communications Inc. - Business segments
Verizon Communications Inc. - Key news
Verizon Communications Inc. - Key offerings
Verizon Communications Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 20: Historic Market Size - Data Table on Fleet Management Market in Europe 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits 32: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Vehicle Type
Exhibits 34: Data Table on Comparison by Vehicle Type
Exhibits 35: Chart on Commercial fleets - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Commercial fleets - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Commercial fleets - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Commercial fleets - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Passenger cars - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Vehicle Type ($ billion)
Exhibits 44: Data Table on Market opportunity by Vehicle Type ($ billion)
Exhibits 45: Chart on Technology - Market share 2023-2028 (%)
Exhibits 46: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Technology
Exhibits 48: Data Table on Comparison by Technology
Exhibits 49: Chart on Commercial telematics hardware - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Commercial telematics hardware - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Commercial telematics hardware - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Commercial telematics hardware - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Software - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Software - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Software - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Connectivity technologies - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Connectivity technologies - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Connectivity technologies - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Connectivity technologies - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Technology ($ billion)
Exhibits 62: Data Table on Market opportunity by Technology ($ billion)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 65: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 66: Chart on Geographic comparison
Exhibits 67: Data Table on Geographic comparison
Exhibits 68: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 80: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 83: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 84: Market opportunity By Geographical Landscape ($ billion)
Exhibits 85: Data Table on Market opportunity By Geographical Landscape ($ billion)
Exhibits 86: Impact of drivers and challenges in 2023 and 2028
Exhibits 87: Overview on criticality of inputs and factors of differentiation
Exhibits 88: Overview on factors of disruption
Exhibits 89: Impact of key risks on business
Exhibits 90: Companies covered
Exhibits 91: Matrix on companies position and classification
Exhibits 92: AB Volvo - Overview
Exhibits 93: AB Volvo - Business segments
Exhibits 94: AB Volvo - Key news
Exhibits 95: AB Volvo - Key offerings
Exhibits 96: AB Volvo - Segment focus
Exhibits 97: ABAX UK Ltd. - Overview
Exhibits 98: ABAX UK Ltd. - Product / Service
Exhibits 99: ABAX UK Ltd. - Key offerings
Exhibits 100: Aeromark Communications Ltd. - Overview
Exhibits 101: Aeromark Communications Ltd. - Product / Service
Exhibits 102: Aeromark Communications Ltd. - Key offerings
Exhibits 103: AREALCONTROL GmbH - Overview
Exhibits 104: AREALCONTROL GmbH - Product / Service
Exhibits 105: AREALCONTROL GmbH - Key offerings
Exhibits 106: Astrata Europe BV - Overview
Exhibits 107: Astrata Europe BV - Product / Service
Exhibits 108: Astrata Europe BV - Key offerings
Exhibits 109: Bridgestone Corp. - Overview
Exhibits 110: Bridgestone Corp. - Business segments
Exhibits 111: Bridgestone Corp. - Key news
Exhibits 112: Bridgestone Corp. - Key offerings
Exhibits 113: Bridgestone Corp. - Segment focus
Exhibits 114: Caterpillar Inc. - Overview
Exhibits 115: Caterpillar Inc. - Business segments
Exhibits 116: Caterpillar Inc. - Key news
Exhibits 117: Caterpillar Inc. - Key offerings
Exhibits 118: Caterpillar Inc. - Segment focus
Exhibits 119: Fleet Complete - Overview
Exhibits 120: Fleet Complete - Product / Service
Exhibits 121: Fleet Complete - Key offerings
Exhibits 122: G4S Telematix - Overview
Exhibits 123: G4S Telematix - Product / Service
Exhibits 124: G4S Telematix - Key offerings
Exhibits 125: Geotab Inc. - Overview
Exhibits 126: Geotab Inc. - Product / Service
Exhibits 127: Geotab Inc. - Key news
Exhibits 128: Geotab Inc. - Key offerings
Exhibits 129: Inseego Corp. - Overview
Exhibits 130: Inseego Corp. - Product / Service
Exhibits 131: Inseego Corp. - Key offerings
Exhibits 132: MiX Telematics Ltd. - Overview
Exhibits 133: MiX Telematics Ltd. - Product / Service
Exhibits 134: MiX Telematics Ltd. - Key offerings
Exhibits 135: Targa Telematics S.p.A. - Overview
Exhibits 136: Targa Telematics S.p.A. - Product / Service
Exhibits 137: Targa Telematics S.p.A. - Key offerings
Exhibits 138: Trimble Inc. - Overview
Exhibits 139: Trimble Inc. - Business segments
Exhibits 140: Trimble Inc. - Key news
Exhibits 141: Trimble Inc. - Key offerings
Exhibits 142: Trimble Inc. - Segment focus
Exhibits 143: Verizon Communications Inc. - Overview
Exhibits 144: Verizon Communications Inc. - Business segments
Exhibits 145: Verizon Communications Inc. - Key news
Exhibits 146: Verizon Communications Inc. - Key offerings
Exhibits 147: Verizon Communications Inc. - Segment focus
Exhibits 148: Inclusions checklist
Exhibits 149: Exclusions checklist
Exhibits 150: Currency conversion rates for US$
Exhibits 151: Research methodology
Exhibits 152: Information sources
Exhibits 153: Data validation
Exhibits 154: Validation techniques employed for market sizing
Exhibits 155: Data synthesis
Exhibits 156: 360 degree market analysis
Exhibits 157: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the fleet management market in Europe: AB Volvo, ABAX UK Ltd., AddSecure Group AB, Aeromark Communications Ltd., AREALCONTROL GmbH, Astrata Europe BV, Bridgestone Corp., Caterpillar Inc., Fleet Complete, Frotcom International, G4S Telematix, Geotab Inc., Inseego Corp., Karooooo Ltd., Mercedes Benz Group AG, MiX Telematics Ltd., Targa Telematics S.p.A., TraXall International, Trimble Inc., and Verizon Communications Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in EV adoption."

According to the report, one of the major drivers for this market is the growing focus on efficient use of data to enhance fleet management.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AB Volvo
  • ABAX UK Ltd.
  • AddSecure Group AB
  • Aeromark Communications Ltd.
  • AREALCONTROL GmbH
  • Astrata Europe BV
  • Bridgestone Corp.
  • Caterpillar Inc.
  • Fleet Complete
  • Frotcom International
  • G4S Telematix
  • Geotab Inc.
  • Inseego Corp.
  • Karooooo Ltd.
  • Mercedes Benz Group AG
  • MiX Telematics Ltd.
  • Targa Telematics S.p.A.
  • TraXall International
  • Trimble Inc.
  • Verizon Communications Inc.