The number of FM system installations in Southeast Asia reached 2.8 million units in 2023.
Berg Insight has announced a new research report on the fleet management market in Southeast Asia. The fleet management (FM) solutions market in Southeast Asia (SEA) has been in a growth phase in recent years. Although the market experienced a significant setback during the pandemic, several factors such as overall economic growth, increased competition in the transportation and logistics sectors, and a heightened awareness of fleet telematics have contributed to a positive outlook. The total number of FM systems in use is projected to increase from approximately 2.8 million in 2023 to nearly 5.4 million by 2028, with a compound annual growth rate (CAGR) of 13.7%. At the same time, the penetration rate of fleet vehicles used by companies is estimated to rise from 15.7% in 2023 to 25.7% by 2028. [Contents] ■ Fleet management solutions ■ Market forecasts ■ Market trends ■ Company profiles and strategies
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Publisher: Berg Insights Publication Month: October 2024 Report Language: English *For more details, please visit our website or refer to the sample materials.
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, semiconductors, energy, automotive-related sectors, as well as healthcare and pharmaceuticals, competitive strategies of other companies, development of new technologies and services, regulations, and intellectual property.