North America Fleet Management Solutions Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market Report Covers North America Fleet Management Companies and is Segmented by Deployment Type (On-Demand, On-Premise), Application (Asset Management, Information Management, Driver Management, Safety and Compliance Management, Risk Management, Operations Management, Other), End-User Vertical (Transportation, Energy, Construction, Manufacturing, Other End Users), and Country.

North America Fleet Management Solutions Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Fleet Management Solutions Market Size

View Global Report
North America Fleet Management Solutions Market (2024 - 2029)
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 5.52 Billion
Market Size (2030) USD 13.85 Billion
CAGR (2025 - 2030) 20.21 %
Market Concentration Medium

Major Players

fleet management market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of North America Fleet Management Solutions Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

North America Fleet Management Solutions Market Analysis

The North America Fleet Management Solutions Market size is estimated at USD 5.52 billion in 2025, and is expected to reach USD 13.85 billion by 2030, at a CAGR of 20.21% during the forecast period (2025-2030).

The growing adoption of wireless technology, increasing investment in fleet management solutions to optimize the fleet operating expenses, rising international trades are some of the major factors driving the growth of the fleet management solution market in North America.

  • The rapid expansion of communication technologies has turned the world into a cluster of billions of connected vehicles where the driver can communicate with other cars on the road (vehicle-to-vehicle), roadside infrastructure (vehicle-to-infrastructure), and the cloud (vehicle-to-cloud) to yields higher productivity, agility, and efficiency and is expected to drive the market.
  • Moreover, most of the key vendors are collaborating to develop and launch new and advanced fleet management solutions to seize the growing demand. For instance, in 2019, I.D. Systems, Inc partnered with Jungheinrich to develop a highly integrated telemetry platform for Jungheinrich vehicles combined with sophisticated fleet management software. This technology partnership will power-up Jungheinrich customers' ability to run safer, more cost-effective intralogistics operations.
  • Additionally, the rapid expansion of 5G availability is driving the growth of fleet management systems in various industries. For instance, as per Ericsson's 2019 report on the mobile industry has predicted that by 2024 there will be 1.9 billion 5G cellular subscriptions that will drive the growth of connecting vehicles. North American market is expected to grow most with 63% of mobile subscriptions with 5G service, and 47% of cellular subscribers in East Asia will have 5G access as well. Much of the growth will be credited to reductions in chipset prices and the expansion of cellular technologies such as NB-IoT and Cat-M1.
  • However, lack of data security in cloud and server-based services is hampering the growth of the market. Cloud-based services bring many unique security issues and challenges. Data is stored with a third-party provider and accessed in the cloud. This means visibility and control over that data is limited.

North America Fleet Management Solutions Industry Overview

The North America fleet management solutions market is competitive and is dominated by a few major players like PowerFleet, Inc., Geotab, Inc., Verizon Communications Inc. (Connect), Omnitracs, LLC and GPS Trackit, Inc. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

  • June 2020 - Geotab announced the North American launch of its Geotab Public Works solution. The all-in-one solution offers fleet managers full visibility into the operational data of all government vehicle types on one single platform and provides the toolsets to effectively remain compliant, reduce costs, and maintain road safety. It is designed to assist government agencies better manage vehicles such as salt spreaders, snowplows, street sweepers and waste management vehicles.
  • May 2020 - Omnitracs, LLC partnered with McLeod Software, a provider of transportation management and trucking software solutions to the trucking industry. The integration with the McLeod LoadMaster transportation management system (TMS) will enhance the interoperability of the Omnitracs One platform, delivering more value to fleets globally.

North America Fleet Management Solutions Market Leaders

  1. PowerFleet, Inc.

  2. Geotab, Inc.

  3. Verizon Communications Inc. (Connect)

  4. Omnitracs, LLC

  5. GPS Trackit, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
PowerFleet, Inc., Geotab, Inc., Verizon Communications Inc. ,  Omnitracs, LLC, GPS Trackit, Inc., Astrata Group​, Trimble Navigation​ Inc., Mix Telematics​
Need More Details on Market Players and Competiters?
Download PDF

North America Fleet Management Solutions Market News

  • :
  • :

North America Fleet Management Solutions Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Favorable market regulations coupled with growing emphasis on operational efficiency
    • 4.2.2 Advent of the concept of Green Fleets to further aid market growth
    • 4.2.3 Technological advancements enabling greater reach and declining costs of installation
  • 4.3 Market Challenges
    • 4.3.1 Privacy and operational concerns related to geocoding
  • 4.4 Market Opportunities
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Impact of COVID-19 on the Fleet Management and Telematics industry
  • 4.7 Industry Standards & Regulations
  • 4.8 Industry Value Chain Analysis - IT Software, Fleet Hardware (Telematics), Connectivity, Automotive OEM's, etc.

5. MARKET SEGMENTATION

  • 5.1 By Deployment
    • 5.1.1 On-Premise
    • 5.1.2 Cloud
    • 5.1.3 Hybrid
  • 5.2 By Application**
    • 5.2.1 Asset Management
    • 5.2.2 Information Management
    • 5.2.3 Driver Management
    • 5.2.4 Safety and Compliance Management
    • 5.2.5 Risk Management
    • 5.2.6 Operations Management
    • 5.2.7 Other Solutions
  • 5.3 By End-User Industry
    • 5.3.1 Transportation
    • 5.3.2 Energy
    • 5.3.3 Construction
    • 5.3.4 Manufacturing
    • 5.3.5 Other End User Industries
  • 5.4 By Country
    • 5.4.1 United States
    • 5.4.2 Canada

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 PowerFleet, Inc.
    • 6.1.2 Geotab, Inc.
    • 6.1.3 Verizon Communications Inc. (Connect)
    • 6.1.4 Omnitracs, LLC
    • 6.1.5 GPS Trackit, Inc.
    • 6.1.6 Astrata Group
    • 6.1.7 Trimble Navigation Inc.
    • 6.1.8 Mix Telematics
    • 6.1.9 Inseego Group
  • *List Not Exhaustive

7. FUTURE OUTLOOK OF THE MARKET

**Qualitative Trend Analysis
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

North America Fleet Management Solutions Industry Segmentation

Fleet management solution is a system of technologies and procedures that allows companies to organize and coordinate work vehicles to reduce costs, improve efficiency, and ensure compliance with government regulations across an entire fleet operation. It includes a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics, such as tracking and diagnostics, driver management, speed management, fuel management, and health and safety management.

By Deployment On-Premise
Cloud
Hybrid
By Application** Asset Management
Information Management
Driver Management
Safety and Compliance Management
Risk Management
Operations Management
Other Solutions
By End-User Industry Transportation
Energy
Construction
Manufacturing
Other End User Industries
By Country United States
Canada
Need A Different Region or Segment?
Customize Now

North America Fleet Management Solutions Market Research Faqs

How big is the North America Fleet Management Solutions Market?

The North America Fleet Management Solutions Market size is expected to reach USD 5.52 billion in 2025 and grow at a CAGR of 20.21% to reach USD 13.85 billion by 2030.

What is the current North America Fleet Management Solutions Market size?

In 2025, the North America Fleet Management Solutions Market size is expected to reach USD 5.52 billion.

Who are the key players in North America Fleet Management Solutions Market?

PowerFleet, Inc., Geotab, Inc., Verizon Communications Inc. (Connect), Omnitracs, LLC and GPS Trackit, Inc. are the major companies operating in the North America Fleet Management Solutions Market.

What years does this North America Fleet Management Solutions Market cover, and what was the market size in 2024?

In 2024, the North America Fleet Management Solutions Market size was estimated at USD 4.40 billion. The report covers the North America Fleet Management Solutions Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Fleet Management Solutions Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Fleet Management Solutions Industry Report

The Market Report Covers North America Fleet Management Companies and is Segmented by Deployment Type (On-demand, On-Premise), Application (Asset Management, Information Management, Driver Management, Safety and Compliance Management, Risk Management, Operations Management, Other), End-User Vertical (Transportation, Energy, Construction, Manufacturing, Other End Users), and Country. Statistics for the North America Fleet Management Solutions market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Fleet Management Solutions analysis includes a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.

The market size and market share of the North America Fleet Management Solutions are crucial metrics that provide insights into the industry. This industry report highlights the market analysis and market research, offering a comprehensive view of market trends and market growth. The industry analysis within this report is essential for understanding the market forecast and industry overview.

Additionally, the market leaders and industry reports included in this study provide valuable industry information and industry outlook. The market segmentation and market value are thoroughly examined, giving a detailed market review. The report also covers market data and market predictions, ensuring a well-rounded market overview.

This report example serves as a valuable resource for research companies and those interested in industry research. The industry sales and industry size statistics offer a clear picture of the market dynamics. The industry statistics and industry trends discussed in the report are indispensable for anyone looking to understand the market growth and market outlook. The report is available as a report PDF for further reference.