Fleet Management Market Size Hit USD 304.78 Billion at a CAGR of 15.3% in 2026 | Donlen Corporation, Omnitracs
Increasing demand for fleet management in the road transportation systems, coupled with high investments in R&D of fleet management, are fueling the market growth. Market Size – USD 96.91 Billion in 2018, Market Growth - CAGR of 15.3%, Market Trends – Increase in demand for fleet management in the mobility solution providers. The global fleet management market is forecast to reach USD 304.78 Billion by 2026, according to a new report by Reports and Data. Fleet management refers to the processes that fleet managers utilize to maintain and manage all fleet and solutions related to acquiring and leasing fleets, vehicle management, uptime & downtime management, routing & scheduling, safety & compliance management, aftermarket service, tracking & geofencing, and others, from acquisition through to disposal. The global fleet management market is growing predominantly as the demand for management of the fleet is flourishing in the bigger cities due to the extreme pro