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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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HelloNation Article Highlights Sterile Compounding and Medication Safety With Insights From Compounding Pharmacist Expert Laura Temple

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The article explains how sterile compounded medications are prepared to reduce the risk of contamination and support safe, customized treatments.

AZLE, Texas, July 21, 2026 /PRNewswire/ — What does sterile compounding mean for medication safety? HelloNation has published an article explaining how sterile compounding helps pharmacies prepare highly specialized medications while adhering to strict contamination-prevention procedures.

The article features insights from Laura Temple, Compounding Pharmacist Expert and Owner of Laura’s Pharmacy in Azle, Texas. It explains that sterile compounding is a specialized process for preparing medications in carefully controlled environments designed to reduce the risk of contamination. Sterile compounded medications are often used for injections, eye drops, IV medications, and other therapies that require the highest levels of cleanliness and precision.

The HelloNation article explains that sterile compounded medications differ from commercially manufactured drugs because they are prepared individually for a patient’s unique medical needs. Physicians may prescribe compounded prescriptions when a patient requires a customized dosage, a combination medication, or a treatment not commercially available. Because these medications often bypass the body’s natural defenses, medication safety depends on strict preparation standards throughout the compounding process.

The article describes how pharmacies that provide sterile compounding rely on cleanroom environments equipped with filtered-air systems, specialized equipment, and contamination-prevention protocols. Pharmacists and technicians follow detailed gowning, sterilization, and handwashing procedures before handling medication ingredients. These measures are designed to support medication safety by limiting exposure to bacteria, particles, and other contaminants.

According to the article, environmental monitoring also plays a critical role in sterile compounding. Temperature control, air quality testing, and routine equipment inspections help maintain consistent preparation standards. The article notes that sterile compounded medications may undergo additional quality assurance checks before being dispensed to patients. These procedures help support both treatment effectiveness and patient safety.

The HelloNation article also explains that pharmacies performing sterile compounding are expected to follow USP guidelines established for sterile preparation. These USP guidelines outline requirements for cleanroom pharmacy operations, environmental testing, employee training, and quality assurance practices. The article emphasizes that maintaining compliance with USP guidelines helps reinforce contamination prevention and consistent preparation standards for compounded prescriptions.

Patients seeking sterile compounded medications may also look for pharmacies that participate in accreditation programs or are overseen by state boards. The article explains that these programs review safety procedures, documentation practices, and facility standards to help maintain medication safety. Regular environmental monitoring and staff competency evaluations are also identified as important safeguards in sterile compounding operations.

The article further explains that communication between pharmacists, healthcare providers, and patients remains an important part of safe compounded prescriptions. Compounding pharmacists review prescriptions carefully, confirm dosing instructions, and evaluate ingredient compatibility before preparation begins. This collaborative approach supports medication safety by reducing the risk of errors and ensuring treatments meet individual patient needs.

The article concludes that sterile compounding continues to play an important role in healthcare, particularly for patients requiring customized therapies that are unavailable through traditional manufacturing channels. Whether preparing IV medications, injectable therapies, or other sterile compounded medications, pharmacies rely on contamination prevention procedures and strict preparation standards to support patient care. The article notes that understanding how sterile compounding works can help patients feel more informed about the safety measures involved in preparing specialized medications.

What Sterile Compounding Means for Medication Safety features insights from Laura Temple, a compounding pharmacist expert at Laura’s Pharmacy in Azle, Texas, on HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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CIOs Forced to Rethink Manual Compliance Processes as Regulatory Complexity Rises, Says Info-Tech Research Group

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Regulatory demands are increasing in volume, complexity, and speed, leaving many organizations reliant on fragmented, manual approaches that slow response times and increase risk. New insights from Info-Tech Research Group show that organizations need to adopt more structured and scalable approaches to keep pace with regulatory change. The firm’s recently published blueprint, Build a Regulatory IT Response Engine, provides frameworks, tools, and step-by-step guidance to help organizations translate regulatory requirements into actionable IT controls and prioritized initiatives.

ARLINGTON, Va., July 21, 2026 /PRNewswire/ — Growing regulatory pressure across jurisdictions is forcing organizations to rethink how they interpret, prioritize, and execute compliance requirements. Many IT teams continue to operate with inconsistent processes and limited coordination, resulting in delayed initiatives and increased exposure to financial and reputational risk. Info-Tech’s blueprint, Build a Regulatory IT Response Engine, introduces a coordinated and repeatable approach to help IT leaders operationalize compliance and improve execution outcomes.

Info-Tech’s findings indicate that while organizations recognize the need for faster and more consistent regulatory response, they continue to face barriers such as fragmented interpretation of requirements, weak prioritization, and limited scalability. AI-enabled tools can help streamline analysis and accelerate response planning, but without a coordinated approach grounded in governance and human oversight, those benefits are difficult to realize.

“Regulatory response is becoming too complex to manage through disconnected, manual processes,” says Ahmad Jowhar, senior research analyst at Info-Tech Research Group. “IT leaders need a repeatable way to interpret requirements, prioritize action, and use AI to accelerate planning without losing the governance and oversight needed to execute effectively.”

Key Challenges IT Leaders Face in Regulatory Response

Despite ongoing investments in compliance, organizations continue to face systemic challenges that hinder effective execution. Info-Tech’s blueprint highlights several areas where IT and compliance leaders struggle most:

Fragmented and manual processes that slow regulatory interpretation and response.Inconsistent application of regulatory requirements across teams and jurisdictions.Poor prioritization of IT initiatives, leading to missed deadlines and duplicated effort.Limited scalability to manage increasing regulatory volume and complexity.Misalignment between compliance activities and broader business priorities.

Info-Tech’s Framework for Building a Regulatory IT Response Engine

To address these challenges, Info-Tech recommends a structured, AI-enabled approach that improves consistency, speed, and scalability. The firm’s Build a Regulatory IT Response Engine blueprint outlines the following key priorities for IT leaders:

Define the regulatory landscape: Establish organizational context, governance structures, and a centralized inventory of applicable regulations.Translate requirements into IT controls: Use AI-enabled analysis and structured assessments to convert regulatory obligations into actionable controls.Prioritize IT initiatives: Align initiatives based on cost, effort, impact, and regulatory timelines to reduce execution risk.Build and communicate a roadmap: Develop a clear, resource-aligned roadmap to guide execution and stakeholder alignment.Establish a repeatable process: Continuously monitor, adapt, and refine regulatory response capabilities to maintain compliance over time.

Organizations that adopt this structured approach can move from reactive compliance efforts to a more proactive and scalable model that shortens response timelines, reduces manual effort, and strengthens execution.

The firm’s Build a Regulatory IT Response Engine blueprint includes practical tools such as a Regulation Inventory Tool, a Regulatory Response IT Action Plan Tool, a Communication Deck Template, and a Compliance Program Framework. By applying these resources, IT leaders can standardize regulatory responses, improve prioritization, and help ensure compliance initiatives are executed on time and in alignment with business priorities.

For exclusive and timely commentary from Info-Tech’s experts, including Ahmad Jowhar, and access to the complete Build a Regulatory IT Response Engine blueprint, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is the “get things done” partner for over 30,000 IT, HR, and marketing leaders worldwide. The fastest growing research and advisory firm, Info-Tech enables leaders to make well-informed decisions and transform their organizations through AI, strategic foresight, step-by-step methodologies, practical tools, industry-leading advisory, and training programs. For nearly 30 years, tens of thousands of private and public organizations have trusted Info-Tech to lead their most important initiatives through periods of change and deliver outcomes that truly matter.

To learn more about Info-Tech’s HR research and advisory services, visit McLean & Company, and for data-driven software buying insights and vendor evaluations, visit the firm’s SoftwareReviews platform.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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Atomera to Announce Second Quarter 2026 Financial Results and Host Webinar on Tuesday, August 4, 2026

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LOS GATOS, Calif., July 21, 2026 /PRNewswire/ — Atomera Incorporated (NASDAQ: ATOM), a semiconductor materials and technology licensing company, announced today that it plans to release its second quarter 2026 financial results after the market closes on Tuesday, Aug. 4, 2026.

The company will host a live video Zoom webinar at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, Aug. 4, 2026, to discuss the results. The live webinar can be accessed through Atomera’s investor relations website at https://ir.atomera.com. A replay of the webcast will be available for 12 months. To pre-register for the webinar, use the following link.

https://atomera.zoom.us/webinar/register/WN_OJFbTWe1SIyV69LLdDadCw

About Atomera

Atomera Incorporated is a semiconductor materials and technology licensing company focused on deploying its proprietary, silicon-proven technology into the semiconductor industry. Atomera has developed Mears Silicon Technology™ (MST®), which increases performance and power efficiency in semiconductor transistors. MST can be implemented using equipment already deployed in semiconductor manufacturing facilities and is complementary to other nano-scaling technologies already in the semiconductor industry roadmap.  More information can be found at www.atomera.com 

 

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SOURCE Atomera Incorporated

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