- The key vendors in the Fleet Management System Market in Europe 2014-2018 are Digicore Holding Ltd., Masternaut Ltd., TomTom International BV and Trimble Navigation Ltd.
London, 15 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Fleet Management System Market in Europe 2014-2018. One of the major trends is the greater popularity of these systems in Europe than in the Americas and the APAC regions mainly because many new vehicles are used for business in Europe and offering benefits to employees in the form of company vehicles are popular. The overall market is expected to post a CAGR of 16.08 percent in terms of the number of units installed and 25.93 percent in revenue terms during the forecast period of 2013-2018.
“Fleet operators are increasingly collaborating with third-party vendors for the latter’s products and services, thereby bettering their fleet services to the end-user,” says Faisal Ghaus, Vice President of TechNavio Research.
“Also, fleet operators are increasingly focusing on regulating their work environment and are closely monitoring fleet vehicles and the behavioral patterns of drivers.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
