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RnR Market Research Publishes Report on Fleet Management Market and Asset Tracking Trends [Travel & Leisure Close - Up]
[September 16, 2014]

RnR Market Research Publishes Report on Fleet Management Market and Asset Tracking Trends [Travel & Leisure Close - Up]


(Travel & Leisure Close - Up Via Acquire Media NewsEdge) RnRMarketResearch.com offers Fleet Management and Asset Tracking: Worldwide Trends, Forecasts and Strategies 2014-2024 and Fleet Management Market (Fleet Analytics, Vehicle Tracking & Fleet Monitoring, Telematics, Vendor Services) By Vehicles (Trucks, Light Goods, Buses, Corporate Fleets, Container Ships, Aircrafts) Worldwide Market Forecasts and Analysis (2013 - 2018) research reports to its store.



According to a media release, fleet management and asset tracking solutions generate high average revenue per connection (ARPC) and a wealth of opportunities for growth, but success depends on robust partnerships and flexible business models to target small and medium- sized businesses.

M2MMachine-to-machine (M2M) solutions play a pivotal role in transport and logistics. They provide real-time tracking and monitoring services for the vehicles and drivers as well as the assets that are being transported. The number of fleet management connections will grow significantly during the next 10 years. Asset tracking also presents a wealth of opportunities for operators.


RnR Market Research reported that the Fleet Management Market (Fleet Analytics, Vehicle Tracking & Fleet Monitoring, Telematics, Vendor Services) By Vehicles (Trucks, Light Goods, Buses, Corporate Fleets, Container Ships, Aircrafts) Worldwide Market Forecasts and Analysis (2013 - 2018) research report says the industry is forecast to be worth $30.45 billion by 2018, at an Compound Annual Growth Rate (CAGR) of 22.8 percent from 2013 to 2018. The increasing competitiveness among the transportation service providers, CO2 emission control norms, and rising fuel prices are making the Fleet Management System (FMS) an essential component for the business operation of the fleet vehicle operators.

The number of vehicles is increasing globally with a boom in the emerging economies; this has a positive impact on the fleet management industry. Asia-Pacific is expected to exhibit the highest growth rate in the fleet management market revenue out of the various regional markets. There are also government endeavors to mandate the incorporation of GPS tracking features in all the new vehicles to be sold and operated in their specific regions, which clearly shows the opportunities for fleet management business growth. Organizations from public transport, service sectors, logistics, and retail industries are expected to bring huge business opportunities for the fleet management vendors.

Companies profiled in fleet management market report include Accenture, IBM, Cisco Systems INC., Motorola Solutions INC., Tomtom International BV, Qualcomm Inc., Trimble Navigation, Masternaut UK, Fleetmatics, Trafficmaster, Garmin, ID Systems INC., Ryder System INC., AT&T and PHH Corp. Key innovators like Verizon Networkfleet, Pointer Telocation, Mercury Associates INC., Digicore, Emkay INC., Geotab INC, Inthinc Technology Solutions INC, Mix Telematics, Telogis and RTA Fleet Management are also discussed in this research.

RnR Market Research is an online database of syndicated market research reports.

More information: rnrmarketresearch.com/contacts/purchase?rname=211507 ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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