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Fleet Management Market worth $55.6 billion by 2028 – Exclusive Report by MarketsandMarkets™

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Innovations in telematics, IoT, and AI will propel the Fleet Management Market in the future, bringing with them integration with mobility services, predictive analytics, and a sustainability-focused approach. Regulation adherence, cybersecurity, and personalisation will influence developing business models that prioritise data-driven judgement and effective fleet management.

CHICAGO, Feb. 13, 2024 /PRNewswire/ — The Fleet Management Market is expected to reach USD 55.6 billion by 2028 from USD 28.6 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 14.2% during 2023–2028, according to a new report by MarketsandMarkets™. The fleet management industry is driven primarily by the increasing prevalence of automation technology. Companies are progressively incorporating automation into a broader range of operational aspects, particularly fleet management systems for maintenance reminders, dispatching, and route planning. Human resources are freed up by this adoption to concentrate on more strategically important work. The sector is seeing a transition towards automated processes, and automated fleet management jobs’ increased efficiency, lower operating overhead, and better decision-making capabilities are significant factors driving the market’s expansion.

 

Browse in-depth TOC on “Fleet Management Market”

394 – Tables
42 – Figures
324 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2018-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD Billion)

Segments Covered

By component (solution(operations management, vehicle maintenance and diagnostics, performance management, fleet analytics and reporting, compliance management, other solutions), services (professional services, managed services)), by fleet type (commercial fleets, passenger vehicles) vertical  (retail, transportation & logistics, healthcare & pharmaceuticals, construction, utilities, oil, gas and mining, government, other verticals) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

Geotab (Canada), Verizon Connect (US), Bridgestone Group (Japan), Trimble (US), Samsara (US), Wheels (US), Inseego (US), Solera Group (US), Verra Mobility (US), Teletrac Navman (US), Holman (US), Orbcomm (US), Mix Telematics (South Africa), Zebra Technologies (US), Motive (US), Chevin (UK), GPS Insight (US), Michelin (France), ClearpathGPS (US), Fleetcomplete (Canada), Gurtam (Belarus), Automile (US), VIA (Israel), Fleetroot (UAE), Ruptela (Lithuania), Freeway Fleet (UK).

 

By vertical, the transportation & logistics segment to hold the largest market size during the forecast period.

The escalating fuel costs have become a pivotal factor driving the adoption of advanced fleet management technologies to optimize fuel efficiency. Fleet managers increasingly invest in sophisticated route optimization systems that leverage real-time traffic data, historical route information, and predictive analytics to identify the most fuel-efficient vehicle paths. These systems consider traffic congestion, road conditions, and elevation changes to minimize fuel consumption. Moreover, integrating eco-driving technologies plays a crucial role in this scenario. These technologies, often facilitated by telematics and onboard sensors, provide real-time feedback to drivers on their driving behavior, encouraging fuel-efficient practices such as smooth acceleration, deceleration, and optimal speed maintenance. The synergy of route optimization and eco-driving not only reduces fuel consumption but also contributes to lower emissions, aligning with environmental sustainability goals. This technological approach not only addresses the immediate cost concerns associated with fuel but also positions fleet management systems as indispensable tools for achieving operational efficiency and environmental responsibility in the logistics and transportation sector.

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By solution, the performance management segment is expected to hold a higher growth rate during the forecast period.

Solutions for scalable performance management are essential for tackling the changing problems expanding fleets encounter. As fleets expand and undergo operational changes, these solutions provide a level of flexibility and adaptability that is crucial for seamless integration into evolving business operations. The scalability feature allows fleet managers to effortlessly accommodate an increasing number of vehicles, diverse assets, and a growing workforce. Whether expanding to new geographic locations, adjusting to fluctuating demand, or incorporating additional functionalities, scalable solutions ensure that the performance management system can readily grow alongside the fleet. This adaptability not only future-proofs the investment in technology but also facilitates a smooth transition during periods of change, ultimately contributing to sustained operational efficiency and optimized fleet performance in the face of evolving business landscapes.

Asia Pacific is expected to hold a higher growth rate during the forecast period.

Governments in Asian cities with high population densities invest heavily in sophisticated traffic control systems to deal with traffic bottlenecks and guarantee efficient traffic flow. In this urban setting, fleet management is essential since it increases the overall effectiveness of traffic control systems. Fleet management systems reduce traffic congestion and increase traffic flow by optimizing routes, minimizing idle times, and improving vehicle coordination via real-time data and analytics. Additionally, effective fleet management systems have become essential in the larger framework of commerce and cross-border transportation in the Asia Pacific area. They are critical to maintaining adherence to customs laws, enabling smooth logistical processes, and raising the general effectiveness of supply networks that span international borders. In these instances, the use of fleet management systems not only improves operational efficiency but also supports the larger regional objectives of trade facilitation and economic connection.

Top Key Companies in Fleet Management Market:

The major vendors covered in the Fleet Management Market are Geotab (Canada), Verizon Connect (US), Bridgestone Group (Japan), Trimble (US), Samsara (US), Wheels (US), Inseego (US), Solera Group (US), Verra Mobility (US), Teletrac Navman (US), Holman (US), Orbcomm (US), Mix Telematics (South Africa), Zebra Technologies (US), Motive (US), Chevin (UK), GPS Insight (US), Michelin (France), ClearpathGPS (US), Fleetcomplete (Canada), Gurtam (Belarus), Automile (US), VIA (Israel), Fleetroot (UAE), Ruptela (Lithuania), Freeway Fleet (UK).

These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Fleet Management Market.

Recent Developments

In January 2024, MoveEV, an AI-powered EV transition platform, partnered with Geotab. The collaboration integrates MoveEV’s flagship product, ReimburseEV, into the Geotab Marketplace, marking a significant step in advancing sustainable fleet management.In September 2023, Trimble partnered with transportation solution provider Next Generation Logistics to make its Engage Lane solution available to their base of shippers through the Transportation Cloud.In December 2022, Donlen and LeasePlan partnered to enhance the offering of fleet management and mobility solutions in the North American fleet market.In August 2021, Bridgestone acquired Azuga Holdings, Inc. (Azuga) and the Azuga fleet management platform from Sumeru Equity Partners, Danlaw, Inc., and other shareholders. The acquisition accelerates Bridgestone’s efforts to develop and deploy a comprehensive fleet management solution as a central pillar of the company’s advanced mobility strategy.

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Fleet Management Market Advantages:

Fleet management solutions reduce operating costs and boost operational efficiency by optimising fuel use, vehicle maintenance, and route planning.

Fleet safety is increased overall when drivers behave better, have fewer accidents, and follow safety procedures thanks to real-time surveillance and monitoring features.

Fleet owners have lower operating costs and more profitability as a result of effective resource allocation, scheduled preventive maintenance, and fuel management.

With the monitoring of vehicle usage, idle time, and downtime, fleet management systems maximise fleet productivity through asset utilisation optimisation.

By keeping an eye on driver hours, vehicle emissions, and compliance with transportation laws, fleet management systems assist in ensuring regulatory compliance.

Better customer service is made possible by increased fleet operations visibility and transparency, which includes precise delivery tracking and prompt notifications.

Fleet management solutions use data analytics to deliver actionable insights that support wise decision-making and ongoing fleet operation improvement.

Fleet management solutions ensure flexibility and support for future growth by being scalable and adaptable to the needs of fleets of all sizes, from small businesses to huge corporations.

Report Objectives

To determine, segment, and forecast the Fleet Management Market by component, fleet type, vertical, and region in terms of valueTo forecast the size of the market segments concerning 5 main areas: North America, Europe, Asia Pacific, Middle East Africa, and Latin AmericaTo provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the marketTo study the complete value chain and related industry segments and perform a value chain analysis of the market landscapeTo strategically analyze the macro and micro-markets concerning individual growth trends, prospects, and contributions to the total marketTo analyze the industry trends, pricing data, patents, and innovations related to the marketTo analyze the opportunities for stakeholders by identifying the high-growth segments of the marketTo profile the key players in the market and comprehensively analyze their market share/ranking and core competenciesTo track and analyze competitive developments, such as mergers and acquisitions, product launches & developments, partnerships, agreements, collaborations, business expansions, and R&D activities

Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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HUYA Inc. to Report Second Quarter 2026 Financial Results on Tuesday, August 11, 2026

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-Earnings Webinar Scheduled for 6:00 a.m. ET on August 11, 2026-

GUANGZHOU, China, July 21, 2026 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that it will report its second quarter 2026 unaudited financial results on Tuesday, August 11, 2026, before the open of U.S. markets.

The Company’s management will host a Tencent Meeting Webinar at 6:00 a.m. U.S. Eastern Time on August 11, 2026 (6:00 p.m. Beijing/Hong Kong time on August 11, 2026), to review and discuss the Company’s business and financial performance.

For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.

[1] For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People’s Republic of China, and Taiwan.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

For more information, please visit: https://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: ir@huya.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

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SOURCE HUYA Inc.

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Hyperscale Data Bitcoin Treasury Reaches 1,087 Bitcoin Worth Approximately $70.3 Million

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LAS VEGAS, July 21, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that, as of July 19, 2026, it held 1,087.4527 Bitcoin representing an aggregate value of approximately $70.3 million based on the Bitcoin closing price of $64,691 on July 19, 2026.

In aggregate, the Company’s wholly owned subsidiaries, Sentinum, Inc. (“Sentinum”) and Ault Capital Group, Inc. (“ACG”), held 1,087.4527 Bitcoin as of July 19, 2026. During the week ended July 19, 2026, ACG purchased approximately 51.5000 Bitcoin in the open market. Based on the Bitcoin closing price of $64,691 on July 19, 2026, these collective holdings had an approximate market value of $70.3 million.

“We now hold more than $70 million in Bitcoin,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “The market remains completely disconnected from what we are building through our Michigan data center, our Bitcoin treasury, and our broader portfolio of operating businesses. Separate from the more than 1,087 Bitcoin we currently hold on our balance sheet, the market places zero value on the cash or the value of the other assets on our balance sheet. We will continue executing, growing our assets and highlighting the widening gap between the Company’s market capitalization and its underlying value.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

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ZELLERFELD GIVES FOOTWEAR ITS SPOTIFY MOMENT

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Music had Spotify. Video had YouTube. Zellerfeld has launched footwear’s biggest update, and the digitalization of footwear never felt so good.

AUSTIN, Texas, July 21, 2026
/PRNewswire/ — After years of bringing global brands and thousands of creators into its printed footwear revolution, Zellerfeld is rolling out its biggest platform update yet. The new Zellerfeld brings the marketplace, the product and the process into one beautifully connected experience, making printed footwear feel like it has finally caught up to the rest of the digital world. Browsing, discovering and experiencing printed shoes has never felt this good.

That experience is powered by personalized discovery, smarter search and live rankings for creators and products, rising with real demand instead of fading after a single launch moment. For the first time, footwear becomes digitally searchable, rankable and alive.

ZellerFIT is becoming the platform’s beating heart. The system lets users create a Fit Profile from a foot scan and personalisation choices. Once created, that Fit Profile can be carried across Zellerfeld products, creators and future shoes. Fit stops being a size guessed at checkout. It becomes personal, saved and portable, something that belongs to the user and moves with every shoe they print.

Powering the platform is Zellerfeld’s full-stack 3D-printed footwear infrastructure. Across Austin, Texas, and Hamburg, Germany, Zellerfeld now operates the largest and most advanced footwear creation facilities in the world, with thousands of printing units turning digital designs into physical shoes without moulds, stitching or assembly. At the push of a button, digital design, personal fit and physical production connect in one system.

“We always said we wanted to digitize footwear in the same way music and video were digitized, and the last years were spent building the fulfillment infrastructure to make that possible,” said Cornelius Schmitt, CEO and Co-Founder of Zellerfeld. “We never had time to give our users or creators the platform they deserved. Now we finally have. The new Zellerfeld looks so beautiful I can’t stop looking at it. I can’t wait to see what product category we digitize after footwear. Handbags? Glasses? I’m sure we’ll take one step at a time.”

The new platform also teases Zellerfeld subscription access. Major brands have tried to make footwear membership work, but most could only add perks on top of the same old retail model with limited designs. Zellerfeld makes footwear subscription work at scale: one platform, four pairs a year, a growing universe of designs, the same personal fit across every product and shoes printed on demand.

“Why would you go into a shoe store with 100 designs that all look the same and don’t really fit,” said Cornelius Schmitt, CEO and Co-Founder of Zellerfeld, “when you could come to Zellerfeld for millions of beautiful designs from creators around the world, all made to fit you?”

For the best part of a decade, Zellerfeld has been building the technology behind printed footwear, proving the category through breakthrough products and collaborators across sport, fashion, design and culture. Its work has shown that shoes can be digitally designed, personally fitted and produced on demand at the push of a button, without the constraints of conventional footwear manufacturing.

The products proved the future was possible. The platform makes it real. Zellerfeld is changing how footwear is created, sold and distributed, bringing the category into its next generation. Music had Spotify. Video had YouTube. Now footwear has Zellerfeld.

Explore and experience the next-generation at zellerfeld.com

About Zellerfeld
Zellerfeld is a technology company on a mission to digitize physical products, starting with footwear. Its full-stack platform connects digital product creation, custom fit and distributed 3D-printed production, turning shoes from digital files into physical products without moulds, stitching, glue or traditional assembly. Zellerfeld has proven the model across sport, fashion, design and culture: products designed digitally, fitted personally and made on demand. The company operates the world’s most advanced 3D-printing production facilities across Austin, Texas, and Hamburg, Germany.

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SOURCE Zellerfeld

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