Driven up: Surging sales to fleet operators looking to cut costs inflate industry revenue
Fleet telematics systems have become commonplace in large fleets but continue to grow. Analytical services enable fleet directors to monitor drivers' speed, fuel usage, navigation and maintenance needs, helping to boost efficiency and cut costs. Fleet telematics system providers are transitioning to software-based services, away from hardware (which costs more to produce). They're also working closely with car manufacturers to integrate software into cars on the production line, helping sidestep external competition from free navigational apps on smartphones, like Google and Apple Maps.
Companies in this industry provide telematics technology, which is required to collect data from remote objects. Fleet telematics systems use electronics and Global Positioning Systems to track the location and other characteristics, such as mileage or speed, of vehicles in a fleet.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Methodology
LOADING...
