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 Resources, Inc. since its establishment in 1995, has been working as an information sales agent, selling market research reports and annual subscription services, and also providing custom research and consulting services to Japanese and overseas customers. Data Resources offers such services to marketing and research personnel at telecommunication operators, IT services providers, semiconductor makers, automobile manufacturers, auto component manufacturers, electronics manufacturers, and materials manufacturers. Data Resources provides customers with the highest quality solutions available.
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