Fleet Management Market in Europe 2025-2029

Fleet Management Market In Europe 2025-2029

The fleet management market in europe is forecasted to grow by USD 26 bn during 2024-2029, accelerating at a CAGR of 22.5% 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 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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's 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 End-user

• Transportation and logistics
• Construction
• Energy and utilities
• Manufacturing
• Retail and e-commerce

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

The robust vendor analysis 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 publisher 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.