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/PRNewswire/ The Global Fleet Management Market is set for remarkable growth, with a projected CAGR of 19.93% between 2023 and 2028. The market is forecast. ....
Share this article Share this article ResearchAndMarkets.com s offering. The Global Fleet Management Market is estimated to be USD 18.8 Bn in 2020 and is expected to reach USD 33.1 Bn by 2025, growing at a CAGR of 12%. Fleet management technologies are widely used in managing land, marine, and aviation automotive fleets in location tracking, fuel efficiency, predictive maintenance, and monitoring. The fleet management solution market is characterized by high fragmentation, low levels of product differentiation, rising presence of original equipment manufacturers, and reducing hardware and connectivity costs. It helps the businesses take proactive action towards maintaining their vehicles, reducing the repair & maintenance costs, and minimizing the vehicle downtime. ....