Smart Fleet Market Growth with Challenges, Standardization, Competitive Share and Top Players to 2026

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Title Smart Fleet Market Size Estimated To Reach
629.5 billion in 2026

• Overview
• Smart Fleet solutions automate the fleet
  management operations and provide fast access to
  transport, high speed networks, easy maintenance
  and cost efficiency. Smart fleet solutions offer
  features such as route management, fuel
  consumption, vehicle maintenance, and driver
  performance among others. Smart fleet solutions
  analyses large amount of data, and enable
  effective decision making for fuel efficiency,
  cost efficiency, and enhanced safety.

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Smart Fleet Market Growth Analysis -

• Smart Fleet Market generated 307.2 billion in
  2017 and is anticipated to grow at a CAGR of 8.4
  during the forecast period.
• The growing demand from emerging economies, and
  technological advancements would provide growth
  opportunities in the coming years.
• There has been an increasing demand of smart
  fleet solutions owing to increasing automation of
  operation in the transportation fleets, and
  growing need to prevent road congestions.
  Organizations are significantly investing in
  smart fleet solutions for decreasing energy
  consumption, and reducing vehicular emissions.
• The increasing need to reduce overall operation
  cost, and automate tracking and monitoring has
  increased the adoption of smart fleet solutions.

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Smart Fleet Market Regional Analysis -

• This report comprises a detailed geographic
  distribution of the market across North America,
  Europe, APAC and South America, and MEA. North
  America is further segmented into U.S., Canada,
  and Mexico. Europe is divided into Germany, UK,
  Italy, France, and Rest of Europe. Asia-Pacific
  is bifurcated into China, India, Japan, and Rest
  of Asia-Pacific.
• North America generated the highest revenue in
  2017 owing to increasing investments in
  development of transport infrastructure in the
  region.
• The stringent regulations regarding
  transportation safety and vehicular emissions
  along with technological advancements have
  increased the adoption of smart fleet solutions
  in the region.

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Smart Fleet Market Key Players -

• Cisco Systems, Inc.
• IBM Corporation
• Siemens AG
• Denso Corporation
• Robert Bosch GmbH
• OTTO Marine Limited
• Zonar Systems, Inc.

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Smart Fleet Market Segmentation -

• Mode of Transport
• Automotive
• Rolling Stock
• Marine
• Application
• Tracking
• Diagnostics
• Optimization
• Communication
• Short Range Communication
• Long Range Communication
• Cloud

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