Research and Markets: Fleet Management System market in the Americas 2015-2019: Optimization of Operational Efficiency & Increase in Technology Adoption

Research and Markets (http://www.researchandmarkets.com/research/bhr6w6/fleet_management) has announced the addition of the "Fleet Management System market in the Americas 2015-2019" report to their offering.

The Fleet Management System market in the Americas will grow at a CAGR of 16.71% by volume over the period 2014-2019.

The Fleet Management System market in the Americas can be divided into three segments based on technology: Commercial Telematics Hardware, Software Components, and Connectivity Technologies. The Fleet Management System market in the Americas is highly fragmented with the presence of many vendors. The market is characterized by integrated and innovative offerings from vendors.

One of the major trends emerging in the market is the increase in technology adoption. Various devices and technologies such as cellphones, GPS, and other software are now being integrated with fleet vehicles transforming the way fleet operators and drivers interact.

According to the report, the key driver of this market is the growing need among fleet operators to optimize their operational efficiency. To mitigate the effects of major cash crunches because of the uncertain global economic scenario, companies are employing strategies to limit costs and maximize productivity. Fleet management systems enable them to do this by efficiently tracking and monitoring their vehicles with continuous data feedback, which helps in reducing fuel consumption, rectifying non-value added activities of drivers, and improving the safety of vehicles.

Further, the report states that one of the major challenges that the market faces is the high set-up cost incurred by fleet operators while incorporating fleet management systems. Capital expenditure is incurred in acquiring telematics hardware and connectivity technologies and integrated software solutions. With so much investment already committed to running these vehicles, it is difficult for operators to invest in hi-tech fleet management systems.

Key Vendors

• Fleetmatics Group Ltd.
• TeleNav Inc.
• TomTom International BV
• Trimble Navigation Ltd.

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Technology
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/bhr6w6/fleet_management