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, the current outlook is bright due to several factors, including overall economic growth, increased competition in the transportation and logistics sectors, and heightened awareness of fleet telematics. 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, energy, and automotive-related sectors worldwide, as well as competitor strategies, the development of new technologies and services, regulations, and intellectual property.
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