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Fleet Management Market Share

Report ID: GMI3598
Published Date: Jul 2024
Report Format: PDF

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Fleet Management Market Share

Verizon connect and Wheels, Inc. holds over 10% of market share in global market. Verizon Connect utilizes AI and machine learning to analyze fleet data, predicting maintenance requirements, optimizing routes, and boosting fuel efficiency. Additionally, they employ AI-driven tools to monitor driver behavior, offering feedback and training to enhance safety and minimize accidents.

Wheels, Inc. enforces comprehensive driver safety programs that include regular training, performance monitoring, and incentive systems to promote safe driving practices. They ensure their fleet management solutions help clients maintain compliance with all relevant regulations and industry standards.

Fleet Management Market Companies

Major players operating in the fleet management industry are:

Wheels, Inc
Verizon Connect
Arval-Element
Donlen Corporation
ARI Fleet Management
Omnitracs
Trimble
Samsara
Geotab
Teletrac Navman

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of fleet management was reached USD 21.4 billion in 2023 and is estimated to register over 16% CAGR between 2024 and 2032 owing to the rise of e-commerce and last-mile delivery.

The vehicle tracking system segment in the fleet management market is expected to exceed USD 16 billion by 2032 as these products help address the essential demands of fleet management.

North America fleet management market generated USD 9.7 billion in 2023 attributed to the large presence of prominent telematics and software providers.

Wheels, Inc, Verizon Connect, Arval-Element, Donlen Corporation, ARI Fleet Management, Omnitracs, Trimble, Samsara, Geotab, and Teletrac Navman