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Efficiency in Motion : Fleet and Transportation Management Systems for Transportation and Logistics

08-22-2023 03:31 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Efficiency in Motion : Fleet and Transportation Management

Fleet management deals with the management of commercial vehicle operations on a larger scale. It can be defined as the processes used by fleet managers to monitor fleet activities and make decisions from asset management, dispatch & routing, and vehicle acquisition. Businesses that rely on transportation utilize fleet management to control costs, productivity, fuel management, and compliance. Thus, fleet managers are responsible for maintaining costs, maximizing profitability, and reducing fleet vehicle risks. In addition, fleet management offers finance management, enhanced safety of vehicle & driver, and operational competency with real-time fleet tracking analysis. Most fleet managers use fleet management software to improve overall fleet safety, customer services, and increase visibility & profitability with process management & research. In addition, a transportation management system is a platform designed to streamline a shipping process. It is a subset of supply chain management concerning transportation solutions. A transportation management system allows shippers to automate processes within supply chain and receive valuable insights to save time and reduce expenditure on future shipments.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/31773

In addition, key manufacturers have carried numerous developments such as Trimble Inc., Verizon Communications Inc., Wheels LLC, SAP, Geotab Inc., and others, which has created ample opportunities for the market's growth across the globe. Moreover, the key players operating in the industry have launched some fleet management services & telematics apps for fuel management, asset management, android apps, camera & video solutions, SAP solutions, reverse geocoding, and ADAS map solutions, which effectively leads to the growth of the fleet and transportation management system for transportation and logistics market across the globe. For instance, in 2020, Geotab Inc., a prominent player in IoT & connected transportation, launched a Geotab Public Works Solution designed to support government agencies by providing improved fleet management capabilities to control cost without hampering the environment.

The fleet and transportation management system for transportation and logistics market is segmented on the basis of application, component, and region. By application, the market is further categorized into scheduling, routing and tracking, ADAS, fuel management, telematics and others. On the basis of component, the market is segmented as solutions and services. By region, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/fleet-and-transportation-management-system-for-transportation-and-logistics-market/purchase-options

Factors such as rapid technological integration and adoption across the transportation & logistics sector, are creating a positive correlation for the fleet and transportation management system for transportation and logistics market. Furthermore, exponential growth within the e-commerce industry is also projected to fuel the adoption of fleet and transportation management systems. However, high upfront cost create a staggering effect on the market. However, strengthening communication network vehicles coupled with rise in concerns about fleet safety is estimated to have a positive impact on the fleet and transportation management system for transportation and logistics market growth during the forecast period.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜ :

By application, the scheduling, routing and tracking segment dominated the global fleet and transportation management system for transportation and logistics market in 2021, in terms of revenue.

By component, the solution segment is expected to register significant growth, registering a CAGR of 9.2% during the forecast period.

By region, Asia-Pacific dominated the global fleet and transportation management system for transportation and logistics market in 2021 in terms of market share.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/31773

The prominent players operating in the fleet and transportation management system for transportation and logistics market are Azuga Inc., E2open Parent Holdings Inc., Element Fleet Management Corp, Geotab Inc., Holman Inc., MercuryGate International Inc., Solera Holdings LLC, Trimble Inc., Verizon Communications Inc., Wheels LLC, SAP SE, and Samsera Inc.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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