Fleet Management Market is projected to grow at a CAGR of 15.6% during the forecasting period 2021-2027

A constant advancement in the technologies is leading to bring prosperity outcomes in people’s lives. Fleet management basically assists the organization that needs commercial vehicles to work and perform certain operations.in simple words it’s the management of a group of commercial vehicles over a large geographical area. This involves handling of vehicles, its maintenance, financing, tracking, replacement, servicing, and navigation control. The fleet management comprises of a software that helps the enterprises to coordinate and manage all the work vehicle in an information system through a single control panel for smooth functioning of organization. Thus, the software helps the organization to synchronize all the activities in most cost-efficient way. The main purpose of this management is to observe all the vehicle performances and maintenance, with the expectation of increasing the productivity and help the business run smoothly. Looking towards the highest demand for logistics ad supply management the demand for fleet management is found to be increasing at a surging speed.

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Fleet Management, By Solutions
Key Points
Operations Management
Performance Management
Vehicle Maintenance and Diagnostics
Fleet Analytics and Reporting
Others

Fleet Management, By Service
Key Points
Professional Services
Managed Services

Fleet Management, By Fleet Type
Commercial Fleets
Passenger Cars

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