The Global Smart Fleet Management Market was estimated to be US$ 293 billion in 2019, it is expected to expand at a CAGR of 6.7% between 2021 and 2030. Fleet management has been adopted for a better part of the past century in the forms of manual logs, and electronic devices. The size of commercial fleets has increased significantly during past couple of decades, creasing a demand for more sophisticated and advanced fleet management solutions. Smart fleet management is a combination of enhanced data collection, monitoring and analytics solutions to derive actionable insights regarding the fleet of commercial vehicles.
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