Smart Fleet Management Market Exhibits Stunning Growth Potentials Worth $565.1 Billion By 2025 | Future Developments, Ongoing Trends, Service And Generate Massive Revenue – Million Insights

April 14 08:00 2021
Smart Fleet Management Market Exhibits Stunning Growth Potentials Worth $565.1 Billion By 2025 | Future Developments, Ongoing Trends, Service And Generate Massive Revenue - Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According To New Report Available With Million Insights, The “Smart Fleet Management Industry Size, Share & Trends Analysis Report By Product, By Technology, By Application (Automotive, Rolling Stock, Marine), By Region, And Segment Forecasts, 2018 – 2025”.

The global Smart Fleet Management Market size is anticipated to reach USD 565.1 billion in the year 2025. It is anticipated to register growth with 7.7% CAGR during the forecasted period, 2017 to 2025. This growth can be attributed to the adoption of such solutions for carrying out activities like vehicle monitoring and tracking, fuel management, remote diagnostics and predictive maintenance.

The ADAS segment is anticipated to register the fastest growth owing to its rising adaptation of several autonomous vehicle technologies. The remote diagnostics segment is anticipated to show growth in the upcoming years due to its ability for analyzing data of vehicles and predicting the component failure.

To download the sample PDF of “Global Smart Fleet Management Market” please click here:


The short-range communication segment is expected to hold the largest share across the global market due to its feature of allowing communication between vehicle and infrastructure thereby guiding the driver about the position, traffic, navigation, and mapping. On the other hand, the cloud connectivity segment is also expected to witness growth owing to its rising adoption among small and medium fleet sized owners. Also, ease of usage and scalability as desired by the operators coupled with the low ownership cost for optimization of the operations are anticipated to boost the market growth in the upcoming years.

The Europe and North America is expected to hold significant share across the global market due to the availability of seamless connectivity coupled with the increasing influence of wireless connectivity. The region of Asia Pacific is expected to grow at a significant growth rate from 2017 to 2025.

The smart fleet management market includes key players such as Continental AG; Siemens AG; Cisco Systems, Inc.; and IBM Corporation. They are engaged in product engagement and innovation for gaining a competitive advantage. Also, several marketing strategies like collaborations with other stakeholders and product launching are being undertaken by these players to widen their reach and expand their product portfolio.

To browse report summary & detailed TOC, please click the link below:


Further key findings from the report suggest:

• The automotive transportation segment is projected to register highest growth across the global market with 8.2% CAGR from 2017 to 2025.

• The cloud connectivity segment is projected to register CAGR of 8.8% across the global market.

• The Asia Pacific region is anticipated to register significant growth during the forecasted years, 2017 to 2025 on account of increasing demand for premium fleets across countries like China and India.

• The key players in this market are Continental AG; Siemens AG; Cisco Systems, Inc.; IBM Corporation; and Tech Mahindra.

Million Insights has segmented the global smart fleet management market on the basis of transportation, hardware, connectivity, and region:

Smart Fleet Management Transportation Outlook (Revenue, USD Billion, 2014 – 2025)
    • Automotive
    • Rolling Stock
    • Marine

Smart Fleet Management Hardware Outlook (Revenue, USD Billion, 2014 – 2025)
    • Tracking
    • Remote Diagnostics
    • ADAS
    • Optimization

Smart Fleet Management Connectivity Outlook (Revenue, USD Billion, 2014 – 2025)
    • Short Range Communication
    • Long Range Communication
    • Cloud

Smart Fleet Management Regional Outlook (Revenue, USD Billion, 2014 – 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
    • Asia Pacific
        • China
        • India
        • Japan
    • Rest of World (RoW)
        • Brazil
        • Mexico
        • Others

Read the Latest Press Releases available with Million Insights:

1. Industrial Boilers Market – The global industrial boilers market size is anticipated to value USD 18.3 billion until 2025. It is also expected to register a CAGR of 4.5% over the forecasted years, 2019 to 2025.

2. Pre-engineered Building Market The global pre-engineered building market size is projected to reach USD 30.79 billion by 2025 with a CAGR of 15.5%.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India