Fleet management software Market 2022 Global Industry Forecasts Analysis, Competitive Landscape and Key Regions Analysis
The global “Fleet management software Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Fleet management software Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.
According to the market research report by Fortune Business Insights, the fleet management software market size was valued at USD 18.20 billion in 2021 and is projected to grow from USD 20.73 billion in 2022 to USD 67.38 billion by 2029, exhibiting a CAGR of 18.3% during the forecast period.
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https://www.fortunebusinessinsights.com/industry-reports/fleet-management-software-market-100893
List of the Key Companies Profiled:
- Verizon Connect (U.S.)
- Geotab, Inc. (Canada)
- Trimble Inc. (U.S.)
- LeasePlan Corporation N.V. (Netherlands)
- Omnitracs, LLC (U.S.)
- Cisco Systems, Inc. (U.S.)
- AT&T, Inc. (U.S.)
- FleetCor Technologies, Inc. (U.S.)
- IBM Corporation (U.S.)
- MiXTelematics International Ltd (U.S.)
- Fleet Complete (Canada)
Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Fleet management software Market Growth
The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Fleet management software Market within the estimated period. Fleet management software Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Fleet management software Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.
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