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Fleet Management Market to Grow by USD 52.23 Billion by 2029, Driven by E-Commerce and Last-Mile Delivery, Report on AI-Powered Market Evolution – Technavio

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NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global fleet management market size is estimated to grow by USD 52.23 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  15.6%  during the forecast period. Rise in e-commerce and last-mile delivery is driving market growth, with a trend towards increasing adoption of telematics and autonomous vehicle. However, issues in gps connectivity  poses a challenge. Key market players include AT and T Inc., Avrios International AG, Bridgestone Corp., Chevin Fleet Solutions, Donlen Corp., Element Fleet Management Corp., Fleetio, Geotab Inc., GPS Insight, GURTAM, Holman Inc., MiX Telematics Ltd., Motive Technologies Inc., NetraDyne Inc., Samsara Inc., Solera Holdings LLC, JSC Teltonika, TomTom NV, Trimble Inc., Verizon Communications Inc., Via Transportation Inc., and Vontier Corp..

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Fleet Management Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 15.6%

Market growth 2025-2029

USD 52233.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

13.5

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 30%

Key countries

US, China, Germany, UK, Japan, Canada, India, South Korea, France, and Italy

Key companies profiled

AT and T Inc., Avrios International AG, Bridgestone Corp., Chevin Fleet Solutions, Donlen Corp., Element Fleet Management Corp., Fleetio, Geotab Inc., GPS Insight, GURTAM, Holman Inc., MiX Telematics Ltd., Motive Technologies Inc., NetraDyne Inc., Samsara Inc., Solera Holdings LLC, JSC Teltonika, TomTom NV, Trimble Inc., Verizon Communications Inc., Via Transportation Inc., and Vontier Corp.

Market Driver

Fleet management is a crucial aspect of transportation and logistics industries, helping fleet owners and managers optimize operational efficiency and reduce overhead costs. Trends in fleet management include routing and navigation solutions using GPS connectivity from services like Google Maps and satellites. Vehicle security and driver safety are key concerns, with fleet management solutions offering real-time visibility, geofencing, scheduling, and advanced routing. Fuel costs are a significant expense, with fleet management tools providing fuel management and maintenance scheduling. Fleet size and logistic providers benefit from fleet performance analysis, inventory storage, and warehouse systems. The fleet management market continues to grow with the integration of technology, such as the Internet of Things, autonomous vehicles, and 5G deployment. Fleet operators in freight and logistics face the challenges of managing commercial vehicles, light and heavy, and must comply with federal rules like electronic logging and the use of electronic logging devices. Fleet management systems offer hardware, software, and service options, including on-premises and cloud solutions, to meet the diverse needs of transportation enterprises. 

The telematics industry took off with the advent of 2G telecommunication systems and GPS positioning, enabling the sharing of vehicle location details. Initially, GPS-based navigation systems became mandatory for commercial vehicles worldwide. The emergence of electric and hybrid vehicles, as well as self-driving cars, will boost investments in sensors, connectivity devices, and network components. Autonomous vehicles rely on extensive semiconductor components like sensors and integrated circuits for navigation. These vehicles obtain information from a connected car network and IoT to operate effectively. 

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 Market Challenges

•         Fleet management is a crucial aspect of transportation and logistics industries, helping fleet managers optimize operational efficiency and ensure safety for their vehicles and drivers. Challenges include routing, vehicle security, driver safety, fleet performance, fuel costs, and overhead costs. Fleet management solutions use GPS connectivity and navigation services like Google Maps to provide real-time visibility, optimize routes, and track vehicles. However, natural barriers like satellite signal interference and GPS signal loss can impact performance. Fleet owners face challenges in managing large fleets, from commercial vehicles to connected trucks and containers. Fleet management tools offer fuel management, maintenance management, and driver management solutions. The fleet management market continues to evolve with advancements in technology, including automation, the Internet of Things, and 5G deployment. Asset management systems and financial tracking solutions are essential for fleet operators to manage costs and improve performance. Fleet management software, available on-premises or in the cloud, offers features like geocoding, fleet routing, route optimization algorithm, fleet tracking, geofencing, scheduling, and real-time visibility. Electronic logging and electronic logging devices help comply with federal rules. Vehicle leasing companies and allied carriers also benefit from fleet management solutions to optimize their operations during peak seasons like the holiday shopping season.

•         The global fleet management market relies heavily on connectivity for real-time tracking and monitoring of vehicles. Satellite and cellular communication networks are utilized to determine a vehicle’s location, speed, and direction. However, connectivity issues pose a significant challenge. In some regions, such as developing countries and remote areas, high-speed Internet and reliable cellular connectivity may not be readily available. Suburban areas and highways can also experience weak cellular connectivity. These situations can hinder the effectiveness of fleet management systems, making it crucial for providers to address and mitigate connectivity issues to ensure seamless operations.

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Segment Overview 

This fleet management market report extensively covers market segmentation by  

TypeSubscriptionOthersVehicle TypeCommercial FleetPassenger CarGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaCommunication TechnologyGNSSCellular System

1.1 Subscription-  Subscription-based fleet management solutions offer businesses flexibility and predictability in managing their commercial fleets and personal vehicles. With these models, businesses can easily adjust their service plans based on their current needs as their fleet size grows or changes. The subscription plans provide consistent costs, simplifying financial planning and managing cash flow. Cloud-based solutions require minimal hardware setup for quick deployment and access to regular updates, new features, and improvements without additional costs. Subscription models often include integrated features such as GPS tracking, telematics, fuel management, and maintenance tracking, streamlining fleet management processes. Vendors like Azuga Inc. Provide subscription-based fleet tracking apps with real-time functions, sync with fleet management software, and customizable access levels for unlimited users. The growing demand for efficient fleet management and optimization increases the market potential for subscription-based solutions, making it a significant growth driver for the global fleet management market.

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Research Analysis

Fleet management is a critical aspect of operating and maintaining commercial vehicles, encompassing a range of solutions to optimize fleet performance, reduce overhead costs, and ensure driver safety and vehicle security. Fleet managers oversee the day-to-day operations of fleet vehicles, including routing, fuel management, maintenance management, and driver management. Fleet owners utilize fleet management tools, such as GPS connectivity and fleet management software, to monitor distance traveled, fuel costs, driver behavior, and vehicle performance in real-time. The integration of IoT, automation, and connected vehicles is revolutionizing fleet management, enabling advanced features like weight/volume tracking, autonomous vehicles, and real-time maintenance alerts. Freight and logistics operators also benefit from these solutions to streamline their operations and enhance productivity.

Market Research Overview

Fleet management solutions play a crucial role in optimizing the efficiency and productivity of fleet operations for fleet owners and managers in the transportation and logistics industry. These solutions encompass various aspects such as routing, vehicle security, driver safety, and fleet performance. Routing and navigation services, including GPS connectivity, Google Maps, and satellite technology, enable real-time location tracking and advanced route optimization algorithms. Fleet management tools also provide insights into fuel costs, distance traveled, driver behavior, and overhead costs. Additionally, fleet management systems offer maintenance management, driver management, fuel management, and asset management solutions for commercial vehicles, including light and heavy commercial vehicles. The market for fleet management solutions is growing rapidly, driven by the increasing adoption of connected vehicles, automation, and the Internet of Things (IoT) in the transportation and logistics industry. Fleet operators, logistics providers, freight and logistics companies, and vehicle leasing companies all benefit from these advanced fleet management tools to enhance operational efficiency, safety, and financial performance. The holiday shopping season and 5G deployment are expected to further boost the demand for fleet management solutions in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSubscriptionOthersVehicle TypeCommercial FleetPassenger CarGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaCommunication TechnologyGNSSCellular System

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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New GASA Research: 71% of Adults Surveyed Across 13 Asian Markets Encountered Scams, with Estimated Losses of US$136.5 Billion

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Research highlights a gap between confidence in recognizing scams and actual outcomes ahead of the Global Anti-Scam Summit Asia 2026

BANGKOK, Oct. 22, 2026 /PRNewswire/ — New research from the Global Anti-Scam Alliance (GASA), developed in collaboration with Gogolook, the developer of Whoscall, reveals the scale and impact of scams across Asia. Among adults surveyed in 13 Asian markets, 71% encountered a scam in the past year. The study estimates that consumers across those markets lost a combined US$136.5 billion to scams over the same period.

The State of Scams in Asia 2026 report, based on a survey of 17,460 adults, also identifies a gap between confidence and outcomes. While 66% of respondents said they were confident in their ability to recognize scams, 62% of those who encountered one interacted with it. Among respondents who interacted with a scam, 26% lost money.

The findings are being released ahead of the Global Anti-Scam Summit Asia 2026, taking place in Bangkok on 10–11 November. Following previous editions in Taiwan and Singapore, the summit will be held in Thailand for the first time, bringing together leaders from across sectors to strengthen the region’s response to evolving scams.

Phone calls and messages remain major points of exposure

Phone calls were the most common channel through which respondents encountered scams (56%), followed by text messages (50%) and instant messaging apps (40%). Shopping, investment and employment scams were the scam types respondents most commonly interacted with.

“Phone and text message scams remain a major challenge across Asia. In Thailand, Malaysia, Vietnam and Indonesia, more than six in ten respondents encountered scam calls. As scammers use AI-generated voices and increasingly convincing scripts, identifying suspicious numbers and warning users before they engage becomes even more important,” said Jeff Kuo, CEO of Gogolook. “Whoscall’s observations also suggest that scammers are adapting to tighter SIM registration and identity checks by using international and satellite numbers. That makes continued information sharing across markets essential.”

The harm extends beyond financial losses

The research estimates that consumers across the 13 markets lost US$136.5 billion to scams over the past 12 months. Among respondents who lost money, 51% said they had been scammed more than once.

The effects reached beyond the immediate financial loss. Among those who lost money, 72% reported an impact on their mental wellbeing, 77% experienced at least one emotional impact, and 58% experienced at least one financial impact affecting their everyday lives.

“One of the most striking findings is the gap between confidence and behavior. While 66% of respondents feel confident they can recognize scams, 62% of those who encountered one went on to interact with it. This shows why education is important but cannot be our only line of defense. We also need stronger safeguards that protect people throughout the scam journey.” said Brian D. Hanley, Director, Asia-Pacific Chapter, Global Anti-Scam Alliance (GASA).

Turning regional evidence into action

The findings will inform discussions at the Global Anti-Scam Summit Asia 2026, where representatives from government, law enforcement, financial services, technology, telecommunications, consumer protection and other sectors will explore ways to prevent and disrupt scams.

The research also points to public support for more proactive intervention. Across the markets surveyed, 71% supported allowing banks to block high-value transactions without a customer’s prior permission when they suspect a scam. Another 69% supported allowing telecom operators or messaging apps to block calls and messages they believe are malicious.

Reporting, however, does not always lead to recovery. While 85% of victims reported their scam experience, outcomes varied depending on where they reported it, and recovery and reimbursement remained limited.

Download the full State of Scams in Asia 2026 report here: https://gasa.org/knowledge-base/reports/state-of-scams-in-asia-2026

Registration for the Global Anti-Scam Summit Asia 2026 is open. For the programme and registration details, visit the summit website: https://gasa.org/global-anti-scam-summit-asia-2026

About the research

The State of Scams in Asia 2026 surveyed 17,460 adults across 13 Asian markets: China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. Fieldwork was conducted between March 16 and April 13, 2026. The research was conducted by Opinium for the Global Anti-Scam Alliance and developed in collaboration with Gogolook, the developer of Whoscall.

About the Global Anti-Scam Alliance

The Global Anti-Scam Alliance (GASA) is a nonprofit organization bringing together policymakers, law enforcement, consumer authorities, NGOs, the financial sector, telecommunications operators, internet platforms, cybersecurity organizations and other stakeholders to share knowledge and develop solutions to protect consumers from scams.
GASA Website: https://gasa.org/

About Gogolook

Gogolook is a leading TrustTech company established in 2012. With “Build for Trust” as its core value, Gogolook has expanded its business from Asia to Europe and the Americas. As a foundation member of the Global Anti-Scam Alliance (GASA), Gogolook collaborates with law enforcement agencies and public-sector organizations, including the Taiwan National Police Agency, the Royal Thai Police, the Philippines Cybercrime Investigation and Coordinating Center, the Tokyo Metropolitan Police Department, and the Royal Malaysia Police. These partnerships support its commitment to building a scam-free environment.
Gogolook Website: https://www.gogolook.com/

About Whoscall

Whoscall, developed by Gogolook, is a caller ID and digital anti-scam app designed to protect users from scams across various channels, including phone calls, text messages, social media, and links. With over 100 million downloads globally, it features the most comprehensive database in East and Southeast Asia, covering more than 2.6 billion phone numbers.
Whoscall Website: https://web.whoscall.com/en

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SOURCE Gogolook

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Voqalize Says Voice Is Becoming the Default Way People Use Software

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Voqalize is infrastructure for making software conversational. Existing applications, websites and AI agents can add a voice interface that listens, sees context, responds and acts, without being rebuilt.

BENGALURU, India, Oct. 22, 2026 /PRNewswire/ — Voqalize today said it gives existing applications, websites and AI agents a voice interface that can listen, see context, respond and act, without rebuilding the application. The company says teams can have it running in about an hour, either through Plug & Play, where Voqalize manages the AI agent and the voice experience, or through a developer integration into their own backend.

Imagine telling a clothing app: “I’ve got an outdoor wedding in Napa on the 20th. I need something under two hundred that goes with the shoes I bought in the spring.” The app pulls those shoes from your order history and lays out six options beside them. “Not the floral. Show me the second one in the navy.” It swaps the color and puts the shoes next to it. Then it adds: “You sent back a medium from this brand last time, so I picked the large. It arrives on the 17th.” You look it over and tap buy. That is the shift Voqalize is building for: voice not as input, but as an interface to software.

Fast facts

Apple’s iOS 27, released in September, lets Siri read what’s on a user’s screen and take actions inside appsGoogle reports that roughly one in five Gemini Live conversations now add a camera or screen share, with voice used in 63% of interactions across Gemini’s 1 billion-plus monthly usersA Censuswide survey of 700 business leaders and consumers for Voices, published Jan. 28, 2026, found that 55% of consumers say voice is their primary AI interface, while only 29% of companies have deployed customer-facing voice AI

Dictation Proved People Will Talk to Their Software

Dictation and notetaking apps are among the fastest-growing categories in consumer AI. Wispr, valued at $2 billion, and Granola, valued at $1.5 billion, have both built large user bases on a simple premise: people would rather talk than type, once the transcription is good enough. Wispr says the habit sticks. After six months, its average user writes 72% of their characters by voice.

The category is already moving past that original pitch. Wispr raised its most recent round on a case for going “beyond dictation.” Granola is expanding from a meeting notetaker into what it describes as a context layer for company AI. Superhuman acquired the notetaker Fathom in September. Talking to software stopped being the hard part. What people do with that voice next, and how directly it’s built into the products they already use, is where the category is headed.

“The next billion people coming online won’t type their way onto the internet. They’ll talk their way on, in whatever mix of languages they speak at home.” Sripathi Krishnan, Co-founder, Voqalize

Voice Is Moving From Typing Substitute to Default Interface

Voqalize’s argument is that voice is moving from a typing substitute into the default way people use an app: a running conversation, not a single dictated sentence, where the app listens, responds and can act on what’s on screen, with the interruptions and mid-task changes of direction that come with a real conversation. That mirrors a broader shift already underway on the phone line, where most current “voice AI” is still built around short, scripted calls that book an appointment or qualify a lead and then hang up. Apple’s iOS 27 and Google’s Gemini Live both point at the same shift: voice agents that can see a screen and act on it rather than just transcribe speech.

How Do You Add a Voice Interface to an Existing App?

An existing application or device connects through Voqalize rather than being rebuilt inside a new platform: Voqalize supplies the two-way voice channel and the ability to read and act on whatever is on screen. Businesses choose how much to hand over. With Plug & Play, Voqalize manages the AI agent and the voice experience. With a developer integration, businesses add Voqalize’s voice capabilities to their own backend while keeping control of their AI agent and workflows.

In some deployments, that voice is paired with a face on screen as well, so the person on the other end has something to talk to, not just a voice in the room. Sripathi Krishnan, the company’s co-founder, has argued that the harder part of that conversation may not be how fluently the agent talks, but how well it listens and knows when to stay quiet. Voqalize also works across Indic languages, because conversations in India often move between languages mid-sentence. A majority of Indian internet users already engage with content in Indic languages. Voice also makes software accessible across languages and across literacy and input constraints.

Building Toward Plug-and-Play Voice, Across Apps and Devices

Today, adding Voqalize to a product means connecting an existing application or device through a single interface, without rebuilding it inside a new platform. Voqalize says its near-term work is on extending that same one-connection model further, so that adding two-way voice to a new app, or to a device beyond the phone and the browser, becomes a plug-and-play step rather than a custom integration. That direction follows a broader move already visible in the industry: voice infrastructure is consolidating around shared frameworks instead of one-off builds, and AI tools are increasingly connecting to each other through standard connectors rather than custom code written for each pairing. Voqalize says it intends to be the layer that makes that same simplicity available for voice specifically, across whatever app or device a company is already building for.

“Soon people will judge an app by how well it understands them, the way you judge a shop by whether the person behind the counter gets what you mean.” Samkeet Jain, Co-founder, Voqalize

Voqalize is available today for teams adding a two-way voice interface to an existing product or AI agent. Early deployments include in-app assistants for mortgage servicing workflows, legal clause review, and authenticated banking support. Voqalize was also named one of the 30 products in YourStory’s Vibecode30 2026, a showcase of emerging AI-native builders in India.

About Voqalize Voqalize is a voice AI platform that makes it easy for businesses to add two-way voice conversations to their applications and AI agents across 60+ Global and Indic languages. With Plug & Play, Voqalize manages the AI agent and voice experience for you. With our developer integration, businesses can add Voqalize’s voice capabilities to their own backend while keeping control of their AI agent and workflows. Go ahead and build your next voice-enabled applications with us on voqalize.com.

Media Contact: Samkeet Jain / +91 8147514179 / Samkeet@voqalize.com 

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Sungrow Advances Integrated C&I Microgrid Solution to Southeast Asia

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KUALA LUMPUR, Malaysia, Oct. 22, 2026 /PRNewswire/ — As Southeast Asia’s manufacturing sector expands, businesses face growing pressure from rising electricity costs, power supply disruptions and increasingly complex energy demands. Sungrow, a globally leading PV inverter and energy storage system provider, has launched the Integrated C&I Microgrid Solution for Southeast Asia, bringing together PV inverters, energy storage systems, EV chargers, microgrid controllers and cloud platforms. The solution helps businesses access more economical, reliable, and cleaner power.

End-to-End Cost Optimization, Improving Overall Benefits by 12%

For businesses seeking to reduce energy costs without compromising power reliability, system sizing and energy dispatch are critical. Sungrow’s Integrated C&I Microgrid Solution is engineered to make clean energy a more cost-competitive choice for businesses.

Optimized System Sizing: 8,760-hour simulations and intelligent algorithms evaluate tens of thousands of system configurations to optimize the capacity of PV, storage and diesel generation, helping avoid overinvestment and undersized systems.Intelligent Energy Dispatch: PV generation and load forecasts are updated every five minutes. Based on these forecasts and real-time electricity prices, AI dynamically optimizes the dispatch of multiple energy sources, including PV, energy storage and diesel generation, helping businesses meet their energy needs at a lower cost. This boosts overall economic benefits by 12% and shortens project payback periods by 1–2 years.Flexible Market Participation: Open interfaces and support for major electricity market protocols enable participation in diverse market mechanisms and unlock additional revenue streams.

Industry-First Five-Layer Protection for Reliable Power

For factories and commercial facilities, power outages can halt equipment, disrupt production and prolong recovery. Reliable power for critical loads is essential to keeping operations running.

Sungrow’s Integrated C&I Microgrid Solution features an industry-first five-layer protection framework, with tailored control strategies for different levels of grid disturbance. It can withstand three times overload for 10 seconds and severe voltage disturbances, helping protect critical loads from supply disruptions. With seamless grid-to-off-grid switching with no interruption to loads and whole-site black-start capability in just 3 minutes, the solution helps ensure a reliable power supply and rapid recovery during grid disruptions.

Support Throughout the Project Lifecycle

From system design and deployment to long-term operation, Sungrow simplifies the entire project lifecycle with full-stack in-house technologies and global service support.

Simplified Design and Deployment: One-stop system design, plug-and-play installation and one-click cloud connection streamline the journey from planning to commissioning.Smarter Operations: Coordinated PV, storage, EV charging, microgrid control and cloud management enable flexible energy dispatch, unified cloud-based management and automatic fault alerts.Global Service Support: With more than 520 service locations, 24/7 technical support and global spare parts centers, Sungrow helps keep projects running reliably over the long term.

Real-World Applications: Powering Energy Independence

“Sungrow’s Integrated C&I Microgrid Solution has been deployed across multiple locations in Southeast Asia, addressing diverse energy challenges for businesses,” said Huang Wanfeng, director of the Smart Energy Products Department at Sungrow.

In the Solomon Islands, the Solomon Resort Hotel Microgrid enables reliable off-grid hotel operations while helping reduce annual CO₂ emissions by around 1,000 tonnes and fuel costs by an estimated USD 600,000–700,000. Meanwhile, in Indonesia, Sungrow’s microgrid solution helps address power supply challenges in industrial parks, reducing reliance on diesel generation.

With proven experience across diverse applications, Sungrow is committed to helping businesses across Southeast Asia build more reliable, cost-efficient and resilient energy systems.

Contact:
Luly Wang
luly.wang@sungrow-hq.com 

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SOURCE Sungrow Power

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