Smart fleet management market: It includes a range of functions, such as vehicle telematics (tracking and diagnostics), vehicle maintenance, fuel management, driver management, speed management, health and safety management, and others, through use of Internet. Companies analyze data and offer solution to users in order to improve efficiency, productivity, and reduce their overall transportation costs.

The vendor DIVE provides information about the major players that offer network and connectivity in transportation and analysis on how well each market vendor performs within the predefined DIVE criteria. The vendor evaluations are based on two broad categories—product offering and business strategy. Each category carries various criteria based on which the vendors are evaluated. The evaluation criteria considered under product offering includes the breadth of offering, product innovation, and market presence (OEM and aftermarket). The evaluation criteria considered under business strategy include reach (by geographic presence), revenue growth, infrastructure and key client channel, inorganic growth (by partnerships, collaborations, and acquisitions), and organic growth.

Visionary Leaders considered to have a strong portfolio of smart fleet management markets. These vendors have been marking their presence in the smart fleet management market by offering highly advanced, customized, and easily deployable solutions for the OEMs and fleet operators, coupled with their robust business strategy to achieve constant growth in the market.

The dynamic companies have an innovative portfolio of solutions. They also have an extensive network of channel partners to increase the deployment of their solutions across a multitude of vertical markets. Over the years, the dynamic vendors have been consistently generating positive revenue growth in the smart fleet management market, and their market position is boosted by the organic and inorganic ventures, undertaken by them over the period.

The innovators have an innovative portfolio of smart fleet management and a robust potential to build strong business strategies for their business growth to be at par with the vanguards. These vendors have been consistently offering additives to customers to fulfil their demands. Innovators have been in the forefront in deploying their solutions.

Most of the emerging vendors have been undertaking multiple acquisitions and boosting their sales capabilities across various regions to offer solutions to a wide range of clients. Due to the increase in transportation, environmental pollution, and the increased use of commercial vehicles for goods transport, efficient management of fleet vehicles has become a major concern all over the world. Fleet management provides a solution for reducing cost and ensuring safety with the adoption of advanced technologies. Fleet management is an integrated system that combines a broad range of communication, control, vessel container sensing, and electronic technologies to solve and manage these problems. The fleet management system is currently in an emerging phase in developing regions such as Asia-Pacific and others.