Robot Fleet Management Software Market Size was valued at USD 0.13 Billion in 2023. The Robot Fleet Management Software market industry is projected to grow from USD 0.18 Billion in 2024 to USD 1.84 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 33.80% during the forecast period (2024 - 2032).
Increased inclusion of advanced technologies with fleet management and the increasing fleet safety concerns are the key market drivers enhancing the market growth.
Figure 1: Robot Fleet Management Software Market Size, 2023-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for robot fleet management software is being driven by the rising integration of advanced technologies with fleet management. The key market players have begun to include digitalization by providing improved vehicle-to-infrastructure connectivity and driver-vehicle communications. Advanced technologies like, machine learning, GPS, artificial intelligence, cloud, and big data analytics have significantly enhanced the function of the software. The main players are developing a modern software solution to control the fleets and gain real-time insights into the operations of the vehicles.
The market players are collaborating telematics and GPS technologies with fleet management software for providing real-time tracking of current and forecast data. The government authorities and mobility industries are including the model of mobility-as-a-service to minimize traffic and carbon emissions. The market players are car sharing, ride-hailing, carpooling, and more options for the user rather than using private vehicles. The fleet management software can assist commuters in taking insights about drop-offs, payment activities, pick-ups, and vehicle telematics. Autonomous fleet management systems can help the key market players in ride-sharing spaces like Uber, Lyft, Ola, and DiDi in the future. Therefore, the implementation of mobility-as-a-service is anticipated to boost market growth. Thus new and advanced technologies are reshaping the fleet industry in all aspects.
Accidental or any crisis can have severe effects. Thus, safety is the utmost priority for any fleet manager. Therefore, fleet managers are becoming more focused on fleet management solutions, including safety management as a feature. The businesses have a chance to save costs by running a safer fleet, as the reduced at-fault crashes will lead to fewer insurance rates, minimized requirement for costly overtime for covering missing drivers, less employee downtime, and lower medical costs for the fleet. Minimized wear and tear will be endured by the vehicles if the safety violation occurrence like abrupt braking and speeding are minimized, leading to reduced maintenance costs and less downtime for the vehicles. Thus, driving the Robot Fleet Management Software market revenue.
With the interruption of signals from various satellites, the fleet software mechanism works. Thus, there are possibility of these signals getting affected due to the big buildings, storms, and other obstructions. The GPS used in these systems becomes weak and inefficient, hence creating havoc if the driver travels to a new place and continuous assistance from the service provider is required.
The global Robot Fleet Management Software market segmentation, based on type, includes Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, and Others. The operation management segment dominates the market as most industries emphasize proper operational management of their fleets and avail effective supply chain management.
The global Robot Fleet Management Software market segmentation, based on fleet type, includes Commercial Fleets and Passenger Fleets. The commercial fleet segment dominates the market as the manufacturing, transportation, logistics, and other industries are highly dependent on supply chain networks and delivery on time. Fleet timings maintenance is important to confirm the correct exchange of material scheduling and tracking. Industries are opting for these solutions on a large scale in commercial fleets to fulfill such requirements. Furthermore, there is increased demand for the passenger cars, like electric and connected vehicles providing large opportunities for the market to expand. This solution can improve self-driving capabilities by enhancing road safety with advanced technologies.
Figure 2: Robot Fleet Management Software Market, by Fleet Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Robot Fleet Management Software market dominates the market deployment of real-time tracking solutions throughout the industries at large-scale to deploy seamless business operations. There is an increased rate of adopting vehicle tracking systems across automobile companies in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: ROBOT FLEET MANAGEMENT SOFTWARE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Robot Fleet Management Software market accounts for the second-largest market share as the commercial vehicle fleets have an important role in their economy and the presence of automobile and heavy manufacturing industries in this region. Further, the German Robot Fleet Management Software market held the largest market share, and the UK Robot Fleet Management Software market was the fastest-growing market in the European region.
The Asia-Pacific Robot Fleet Management Software Market is expected to grow at a rapid CAGR from 2023 to 2032. This is owing to the peaking demand for mobility services and the rising radio cab industry in this region. Moreover, China’s Robot Fleet Management Software market held the largest market share, and the Indian Robot Fleet Management Software market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to spread their product lines, which will help the Robot Fleet Management Software market grow even more. Market participants are also undertaking a various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Robot Fleet Management Software industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Robot Fleet Management Software industry to benefit clients and increase the market sector. In recent years, the Robot Fleet Management Software industry has offered some of the most significant advantages for fleet management. Major players in the Robot Fleet Management Software market, including Trimple Inc., General Motors, AT&T Fleet Complete, Geotab Inc., FleetCor Technologies Inc., Teletrac Navman, Verizon Connect, Cisco System Inc, IBM Corporation, MiXTelematics International Ltd, others, are attempting to increase market demand by investing in R&D operations.
General Motors is the American multinational automotive manufacturing company headquartered in Michigan, United States. Along with Ford, it is one of the oldest and most successful auto companies in the United States. The company operates manufacturing plants in eight countries, and its core automobile brands are Chevrolet, GMC, Buick, and Cadillac. The major product of the company includes trucks and automobiles, automotive components, and engines, and have also engaged itself in financial services. In March 2021, an advanced OnStar fleet management software solution was launched by General Motors in Mexico by collaborating with Fleet Complete, a Canadian fleet IT solutions company. GM Mexico collaborated with Fleet Complete to innovate and implement its vehicle software. The software is designed to offer fleet managers useful and real-time data on the operations of their vehicles.
Trimble Inc. is an American hardware, software, and services technology company that supports global industries in agriculture, building 7, construction, geospatial, governments, transportation, natural resources and utilities, and others. The company also deals with hardware development of global navigation satellite system (GNSS) scanners, receivers, laser rangefinders, inertial navigation systems, unmanned aerial vehicles (UAVs), and software processing tools. In March 2023, time metrics for fleet management were launched by Trimble. With this launch, the company declared that Trimple Fleet Manager was an integer of its Mobility Telematics Portfolio, becoming the first back-office fleet management solutions to provide industry-specific metrics on average time spent.
General Motors
AT&T Fleet Complete
FleetCor Technologies Inc.
Verizon Connect
Cisco System Inc
IBM Corporation
MiXTelematics International Ltd
August 2022: A next-generation fleet management tool was launched by AT & T Fleet Complete to support commercial fleet operations with automated ELD tools, a strong catalog of tracking solutions, and AI-based video telematics.
May 2022: General Motors partnered with Geotab to offer government agencies in the US the integrated OEM solution, providing instant connectivity through OnStar-equipped vehicles that don't require additional hardware installation. The government fleet will profit from real-time visibility and rapid access to data and will have the right to utilize all other technology innovations from Geotab.
January 2021: The release of its AI Dual Dashboard Camera was announced by Teletrac Navman. It is a powerful AI-enabled smart dashcam with driver and front-facing cameras, integrating fully with the TN360 platform of the company.
MiR today announces the release of MiR Insights, a new cloud-based software solution that will enable fleet owners to track and analyse the operations of their robots and obtain useful insights that might enhance the performance of the robots. MiR Insights will be available in 2023.
At the ProMat Show, which is in its final day today, ForwardX Robotics, a global provider of AMR-based aided picking solutions, inaugurated the competition in 2023. A lucky winner in the United States will receive a 10-AMR system, according to the business. The 10-AMR system will include Flex autonomous mobile robots (AMRs) from ForwardX, together with the necessary add-ons and its f(x) Fleet Manager.
The company has announced a series of webinars to assist ROS 2 developers in getting started, beginning this November. NVIDIA has announced a new developer preview release of its Isaac ROS software in 2022, bringing with it new task management and monitoring capabilities for autonomous mobile robots (AMRs).
A major manufacturer of autonomous mobile robots (AMRs), OTTO Motors, today introduced the OTTO 600, the strongest and fastest AMR in its class, which will be available in 2023. With the introduction of the OTTO 600, OTTO Motors has the market's largest fleet of autonomous material handling vehicles. With its capacity to handle pallets, trolleys, and other payloads weighing up to 600 kg (1,322 lb), the OTTO 600 opens up crucial new workflows.
Operations Management
Vehicle Maintenance and Diagnostics
Performance Management
Others
Commercial Fleets
Passenger Fleets
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 0.13 Billion |
| Market Size 2024 | USD 0.18 Billion |
| Market Size 2032 | USD 1.84 Billion |
| Compound Annual Growth Rate (CAGR) | 33.80% (2024-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Fleet Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Trimple Inc., General Motors, AT&T Fleet Complete, Geotab Inc., FleetCor Technologies Inc., Teletrac Navman, Verizon Connect, Cisco System Inc, IBM Corporation, MiXTelematics International Ltd |
| Key Market Opportunities | The development of transportation in logistics. |
| Key Market Dynamics | Increased adoption of advanced technologies and rising fleet safety concerns. |
Robot Fleet Management Software Market Highlights:
Frequently Asked Questions (FAQ) :
The global Robot Fleet Management Software market size was valued at USD 0.18 Billion in 2023.
The global market is foreseen to grow at a CAGR of 33.80% during the forecast period, 2024-2032.
North America had largest share of the global market.
The key players in the market are Trimple Inc., General Motors, AT&T Fleet Complete, Geotab Inc., FleetCor Technologies Inc., Teletrac Navman, Verizon Connect, Cisco System Inc, IBM Corporation, and MiXTelematics International Ltd.
The operation management category dominated the market in 2022.
Commercial fleets had the largest share in the global market.
Senior Research Analyst Ankit gupta is an analyst in market research industry in ict and semi industry. with post-graduation in "telecom and marketing management" and graduation in "electronics and telecommunication" vertical he is well versed with recent development in ict industry as a whole. having worked on more than 150+ reports including consultation for fortune 500 companies such as microsoft and rio tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.
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