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Global Smart Fleet Management Market 2018-2022

Global Smart Fleet Management Market 2018-2022

About Smart Fleet Management

The smart fleet management market is moderately fragmented due to the presence of well-diversified global and regional vendors. International players have competence over smaller players in terms of features and price. The competitive environment is intensified due to widening product extensions, technological innovations, and M&A. FMS providers adopt inorganic growth strategies by acquiring regional or local players. To attain competitive advantage in the car tracking device market, the players must adopt new technologies and offer differentiated products. Based on the transportation type the market can be segmented into roadways, railroad, marine, and aviation. The roadways transportation segments accounts for major shares of the car tracking device market due to the growing adoption of roadways for international and domestic transportation. FMS aid fleet companies in managing TCO and complying with stringent carbon emission regulations. Also, consumers are leasing out connected vehicles to effectively monitor vehicle health, driving behavior, and location.

Technavio’s analysts forecast the global smart fleet management market to grow at a CAGR of 7% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart fleet management market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of smart fleet.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Fleet Management Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Cisco
  • Continental
  • IBM
  • Siemens
  • TomTom


  • Other prominent vendors
  • Globecomm
  • ORBCOMM
  • Sierra Wireless
  • Trakm8
Market driver
  • Real-time fleet monitoring
  • For a full, detailed list, view our report
Market trend
  • Growing use of software in fleet management solutions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Fleet Management Market 2018-2022

Technavio recognizes the following companies as the key players in the global smart fleet management market: Bosch, Cisco, Continental, IBM, Siemens, and TomTom.

Other Prominent Vendors in the market are: Globecomm, ORBCOMM, Sierra Wireless, and Trakm8.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing use of software in fleet management solutions. FM software accomplishes tasks such as tracking procurement costs, recording driver and vehicle details, measuring fleet performance through reports and charts, and scheduling maintenance and servicing tasks. SaaS-based model is gaining preference as it can be easily distributed via the Internet.”

According to the report, one of the major drivers for this market is real-time fleet monitoring. Advanced fleet management software (FMS) connects the vehicle’s onboard computer and acquire data such as vehicle mileage and fuel consumption for the user. FMS primarily acts as vehicle tracking component that is GPS-based and connects to cellular triangulation platform for data acquisition. Apart from GPS components, tracking capabilities transmit the necessary information, either through terrestrial and satellite tracking, that provides the users to view real-time locations. Also, highly developed vehicle telematics and fleet management systems collect real-time data for fleet and transport managers, to efficiently monitor and track the driver.

Companies Mentioned

Bosch, Cisco, Continental, IBM, Siemens, TomTom, Globecomm, ORBCOMM, Sierra Wireless, and Trakm8.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Related market: 3PL
      • Table Global transportation market 2018-2022
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2016-2021
      • Table Global smart fleet management market- Market size and forecast 2017-2022 ($ bn)
      • Table Global smart fleet management market- Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2021
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces-2017
  • Market segmentation by type of transportation
    • Segmentation by transportation type
      • Table Smart fleet management by transportation type - Market share 2017-2022 (%)
      • Table Comparison by type of transportation
    • Roadways - Market size and forecast 2017-2022
      • Table Roadways - Market size and forecast 2017-2022 ($ bn)
      • Table Roadways - Year-over-year growth 2018-2022 (%)
    • Railroad - Market size and forecast 2017-2022
      • Table Railroad - Market size and forecast 2017-2022 ($ bn)
      • Table Railroad - Year-over-year growth 2018-2022 (%)
    • Marine - Market size and forecast 2017-2022
      • Table Marine - Market size and forecast 2017-2022 ($ bn)
      • Table Marine - Year-over-year growth 2018-2022 (%)
    • Aviation - Market size and forecast 2017-2022
      • Table Aviation - Market size and forecast 2017-2022 ($ bn)
      • Table Aviation - Year-over-year growth 2018-2022 (%)
    • Market opportunity by transportation type
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global smart fleet management - Market share by geography 2017-2022 (%)
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table GPS tracking system cost levels - 2016
  • Market trends
    • Growing use of software in fleet management solutions and increasing popularity of cold chain transportation
    • Popularity of green fleet management solutions, fleet replacement, and lifecycle management
    • Increase in adoption of telematics and autonomous vehicles, and growing incorporation of electronic vehicles in company fleet
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bosch
      • Table Bosch overview
      • Table Bosch - Business segments
      • Table Bosch - Organizational developments
      • Table Bosch - Geographic focus
      • Table Bosch - Segment focus
      • Table Bosch - Key offerings
    • Cisco
      • Table Cisco overview
      • Table Cisco - Business segments
      • Table Cisco - Organizational developments
      • Table Cisco - Geographic focus
      • Table Cisco - Segment focus
      • Table Cisco - Key offerings
    • Continental
      • Table Continental overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Segment focus
      • Table Continental - Key offerings
    • IBM
      • Table IBM overview
      • Table IBM - Business segments
      • Table IBM - Organizational developments
      • Table IBM - Geographic focus
      • Table IBM - Segment focus
      • Table IBM - Key offerings
    • Siemens
      • Table Siemens overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
    • TomTom
      • Table TomTom overview
      • Table TomTom - Business segments
      • Table TomTom - Organizational developments
      • Table TomTom - Geographic focus
      • Table TomTom - Segment focus
      • Table TomTom - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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