What Is the Purpose Of Fleet Management?
Fleet management is defined as the procurement, supervision and maintenance of vehicles, vehicular equipment, driver safety and associated costs of the retainment of vehicles. Studies show that the global fleet management industry is expected to reach a market value of approximately $33.9 billion by 2026, with a CAGR of 10.5%.
However, as the amount of data that fleet managers are expected to collect, track and analyze continues to increase, the use of low-code fleet management software is becoming increasingly popular. Fleet management software can enable fleet managers to accurately and efficiently automate and streamline various aspects of day-to-day business processes related to fleet management. Read more