Research Predicts Growth for Fleet Management Systems (3/25/15)
Wednesday, March 25, 2015 | Comments

A new report from Research and Markets predicts the global fleet management system market will grow at a compound annual growth rate of 26.23 percent until 2019.

The report is titled “Global Fleet Management Systems Market 2015-2019.” The report covers the Americas; Europe, the Middle East and Africa (EMEA); and Asia Pacific (APAC) regions. Trends such as green fleet management solutions are included.

The report finds that high setup costs incurred by fleet operators when incorporating fleet management systems is a major challenge. The capital expenditure incurred in acquiring telematics hardware and connectivity technologies and integrated software solutions is high, which makes it difficult for operators to invest in high-tech fleet management systems, the report said.

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