Market Share of Fleet Management Solutions Industry
The fleet management solutions market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Furthermore, companies have become interested in cloud technologies due to growing fleet management data. Several important players, I.D, dominate this market. Systems, Cisco Systems Inc., IBM Corporation, AT&T Inc., Ctrack (Inseego Corp.), and others. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
Charles Jackson and Co. expand its A.I. fleet camera solution with an InseegoAI-powered fleet dashcam solution in July 2023 to its specialist haulage operation to target safety and insurance improvements and to reduce collisions and improve safety, where the combination of live tracking, incident alerting, and driver status monitoring will help us encourage responsible driving and reduce crashes. If an incident does occur, we will be able to respond to ensure driver welfare and manage the insurance claims process, as well as use video and supporting data to undertake an effective investigation quickly. Individual or anonymized footage will support our targeted driver feedback and training strategy.
Powerfleet Inc. launched its safety and security data-powered application to Unity, its fleet intelligence platform, in March 2023. Unity ingests, compiles, and enriches data from any IoT device or third-party business system. Mixed fleets, over the road or in the warehouse or distribution center, now have a single source of truth to revolutionize the safety of assets, vehicles, and, most importantly, its people; with Powerfleet's new and enhanced data-science-driven solution, businesses have improved visibility and insights from real-world safety and security incidents under one comprehensive and highly focused set of dashboards and reporting.
Fleet Management Solutions Market Leaders
Cisco Systems Inc.
AT&T Inc.
Ctrack (Inseego Corp.)
IBM Corporation
PowerFleet
*Disclaimer: Major Players sorted in no particular order
