Henceforth, when it comes to Global Fleet Management Software Market, greater efficiency, and more compliance with governmental regulations of emissions and better safety are at the core of stakes.
For those who unfamiliar, DigitalEcono recalls that, The Fleet Management (FM) Software market is the integration of hardware
and software into vehicular management for a more cost effective, fuel
effective and safe vehicular movement tracking and monitoring.
In this dynamic, clearly
we talk about: increased fleet productivity, reduced wastage of resources,
improved vehicular safety and maintenance, reduced repair costs, lower the time
wasted on idling and reduce the non-value added activities and time of drivers.
According to Research and Markets, the Global Fleet Management Software
market is expected to grow at a CAGR of 21.20% during the period 2015 to 2020.
On can then observe that, the Fleet Management
software market is witnessing high growth, due to market drivers like; need to
curb fuel wastage due to fluctuation in fuel prices, concern over environmental
issues, emergence of intelligent transportation and emphasis to cut down carbon
emissions from vehicles.
Some of the key market players include: Accenture, IBM, TomTom, Trimble, Garmin, Fleetmatics, Motorola, Leica, Motorola, Cisco Systems and AT&T Inc.