What is the Market Size of Fleet Management Solutions | Key Players & Strategic Developments 2025

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Code: MTA10789

Publication Date: Nov 2025

What is the size of Fleet Management Solutions Market?

According to 6Wresearch internal database and industry insights, the Global Fleet Management Solutions Market was valued at USD 27 Billion in 2024 and is expected to reach USD 52 Billion by 2031, growing at a compound annual growth rate of 4.70% during the forecast period (2025-2031).

The main drivers of this growth are the rising deployment of IoTenabled connected vehicles, increasing demand from logistics and delivery fleets for realtime tracking and optimisation, and the growing focus on regulatory compliance and operational efficient solutions in transportation and field services.

Growth Factors for Fleet Management Solutions Industry

Growing adoption of telematics and realtime data analytics to enhance fleet visibility and decision making.
Increasing demand from ecommerce and lastmile delivery sectors for route optimisation and cost reduction.
Rising regulatory mandates on vehicle emissions, driver hours, and safety driving fleets to adopt compliant solutions.
Expanding use of cloudbased and SaaS fleet management platforms offering scalability and lower implementation cost.
Integration of electric vehicles and alternativefuel fleets into management systems driving specialised solution demand.

Fleet Management Solutions Market Trends

The Fleet Management Solutions Market is experiencing trends such as a shift toward AIpowered predictive maintenance modules that warn fleet operators of issues before failure; increasing integration of EVspecific telematics to monitor battery health and charging usage; and consolidation of fleet, asset and drivermanagement tools into unified platforms supporting multimode fleets across industries.

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Emerging Developments in the Fleet Management Solutions Market

The Fleet Management Solutions Market is undergoing developments such as providers offering subscriptionbased fleetasaservice models to reduce upfront spending; vendors partnering with OEMs for embedded telematics systems factoryfitted in commercial vehicles; and emergence of 5G and edgecomputing enabled solutions enabling ultralow latency tracking, realtime intervention and enhanced driverbehaviour monitoring.