The Global Market for Fleet Management Systems is Projected to Reach Cumulative Installed Base of 47.4 Million Units by 2022
Widespread Adoption of Vehicle Telematics, IoT & Mobile Technologies to Drive Growth in the Global Fleet Management Systems Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Fleet Management Systems market. The global market for Fleet Management Systems is projected to reach cumulative installed base of 47.4 million units by 2022 , driven by strong adoption of new technologies, move towards reducing carbon footprint and paper trail, focus on achieving cost-containment, and higher logistical efficiencies. Fleet Management Systems (FMS) refer to a broad category of telematics solutions developed primarily for empowering commercial fleet-based organizations to increase their profitability by enabling substantial reduction in fuel utilization, tracking average idle engine time per vehicle, providing better insig...