GITNUX MARKETDATA REPORT 2024

Fleet Management Software Industry Statistics

The global fleet management software industry is expected to grow at a steady rate, driven by the increasing demand for improved efficiency and safety in fleet operations.

Statistic 1

"By 2026, the global fleet management software industry is projected to reach an estimated market size of USD 32.01 billion."

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Statistic 2

"Throughout the period of 2020–2030, the fleet management software market is projected to have a CAGR of 12%."

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Statistic 3

"The Cloud segment in the fleet management software market is anticipated to reach a market size of USD 35 billion by 2026."

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Statistic 4

"The fleet management market in the Asia Pacific region is expected to grow at a CAGR of 20.6% from 2020 to 2027."

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Statistic 5

"Over 24% of fleet managers in the US use fleet management software."

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Statistic 6

"About 35% of fleet managers in the US indicate that reducing fuel costs is their top priority, a task simplified by fleet management software."

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Statistic 7

"By 2025, 63.5 million vehicles worldwide are projected to be connected to some form of fleet management software."

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Statistic 8

"As of 2019, less than 20% of fleet vehicles in North America used fleet management systems."

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Statistic 9

"In 2021, the fleet management services segment occupied 40.65% of the global market share."

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Statistic 10

"The use of fleet management software led to a decrease in overtime costs by 13%."

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Statistic 11

"Additionally, utilization of fleet management software results in fuel savings of up to 10%."

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Statistic 12

"38% of fleets in the UK reported using some form of telematics software in 2019."

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Statistic 13

"By 2027, the fleet management software market in Europe is expected to amass $15,587 million."

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Statistic 14

"Large businesses accounted for the highest revenue share over 58.60% in the worldwide fleet management market in 2019."

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Statistic 15

"The adoption of fleet management software helps reduce vehicle idle times by up to 30%."

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Statistic 16

"As of 2019, the largest market share in the fleet management software industry was held by the commercial fleet segment, with 72.5%."

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Statistic 17

"The use of fleet management software improves driver productivity by 14%."

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Statistic 18

"By 2023, the autonomous fleet management software segment is predicted to reach a market size of USD 15.6 billion."

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