NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The fleet management market in europe size is estimated to grow by USD 22.3 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of almost 22.48% during the forecast period. Growing focus on efficient use of data to enhance fleet management is driving market growth, with a trend towards increase in EV adoption.
However, high cost of on-premises software poses a challenge.Key market players include AB Volvo, ABAX UK Ltd., AddSecure Group AB, Aeromark Communications Ltd.
, AREALCONTROL GmbH, Astrata Europe BV, Bridgestone Corp., Caterpillar Inc., Fleet Complete, Frotcom International, G4S Telematix, Geotab Inc.
, Inseego Corp., Karooooo Ltd., Mercedes Benz Group AG, MiX Telematics Ltd.
, Targa Telematics S.p.A.
, TraXall International, Trimble Inc., and Verizon Communications Inc..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Fleet Management Market In Europe Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 22.48% Market growth 2024-2028 USD 22.
3 billion Market structure Fragmented YoY growth 2022-2023 (%) 16.54 Regional analysis Europe Performing market contribution Europe at 100% Key countries Germany, UK, France, and Rest of Europe Key companies profiled AB Volvo, ABAX UK Ltd.,.
