Fleet Monitoring Market - Statistics & Insights

Fleet Monitoring overview

The global Fleet Monitoring Market, valued at nearly USD 25.6 billion in 2024, is poised for sustained growth, with forecasts indicating a strong CAGR of 12.5% through 2032. North America dominates the fleet monitoring market, accounting for 34% of the global share, driven by early adoption of GPS tracking, telematics, and AI-enabled fleet management solutions across logistics, transportation, and utility sectors. Europe holds a 29% share, propelled by regulatory mandates on vehicle safety, emissions reduction, and smart transport infrastructure. Asia-Pacific emerges as the fastest-growing region, fueled by urbanization in China, India, and Southeast Asia, rising demand for connected vehicles, and large-scale fleet modernization initiatives across commercial transportation networks.

Published by MMR Statistics Research Team, Updated

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