2013-09-02 08:25:02 - (Fleet Analytics, Vehicle Tracking & Fleet Monitoring, Telematics, Vendor Services) By Vehicles (Trucks, Light Goods, Buses, Corporate Fleets, Container Ships, Aircrafts)
The globally increasing demand for logistics and transportation has opened several business opportunities for the fleet management solutions. The report comprises of system components and technologies market growth for FMS. Rising fuel cost, requirement for operational efficiencies, increasing pollution issues, decreasing fleet management system components and connectivity costs are the key drivers for the fleet management industry. The major companies who are focusing onto the fleet management sector are Accenture, IBM, Motorola Solutions, Qualcomm, Trimble Navigation, TomTom, Masternaut, Garmin International, Fleetmatics, etc.
The fleet management has gained its popularity through on-premise software. Though today, cloud-based fleet management software has overtaken on-premise software in its demand as well as its popularity due to its operational cost efficiencies. With the proficient management of
transportation and logistics FMS provides improved vehicle performance through maintenance planning, enhanced driver safety, proper routing and scheduling of fleet are making fleet management extremely essential for the logistics and transportation sector. All this benefits the cost effective business operation of the fleet owners which is the most important requirement today's competitive environment.
Full Report Details at
- www.fastmr.com/prod/672878_fleet_management_market_fleet_analyti ..
Fleet management solution face challenges in delivering greater efficiency, ensuring greater compliance, and promoting safety. Transportation capacity challenge occurs at freight terminals, seaports, motor carrier hubs, and airports as well as on roadways, railways, airways, and waterways. The land transport links that provide domestic inland distribution can compound seaport congestion problems when they do not pick up the imported freight in a timely manner. Engine emissions controls, energy efficiency standards, hazardous materials regulations, speed limits and numerous other rules and policies are necessary to protect the public or to promote social objectives, but they have an impact on transportation and trade that must also be considered.
This emission control and energy efficiency standards is giving an opportunity for the players to provide quality control services for the fleet management market. The concept of smart transportation and the connected vehicles are also providing opportunity for the new entrants to earn revenue by becoming partners for the product manufacturers. Since the fleet management market is growing rapidly, companies are increasing their product portfolio by consolidating with competitors to increase market share.
This MarketsandMarkets report provides key insights on the market dynamics, industry trends, adoption trends, competitive landscape and best practices in this market. It explores business potential of fleet management solutions across varied industry verticals including such as academia, government and waste management, public transport, utilities, retail, logistics, construction, mining, oil gas and chemicals, service sectors and others.
The report describes about revenues expected from the fleet management solutions and services to different types of vehicles such as trucks and trailers, light good vehicles, buses and trams, corporate fleets, container ships, commercial & freighter aircrafts, other vehicles (rail, cruise ships). The report also analyzes market sizes and revenue forecasts across different geographies.
Accenture developed a solution for the corporate fleet management solution for Volvo Finland. The system designed by Accenture enabled the employees of Volvo to calculate their monthly cost, applied taxes and the effect of the selected package over their net salary. The user of the solution is benefited with wide variety of options to select from, which ranges from cars specifications to the insurance applicable.
MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. The company publishes high-level strategically analyzed reports for over ten industry verticals and serves as a business intelligence partner to Fortune 500 companies across the world. View more research from Markets and Markets at www.fastmr.com/catalog/publishers.aspx?pubid=1014
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.