Market Share of North America Fleet Management Solutions Industry
The North America fleet management solutions market is competitive and is dominated by a few major players like PowerFleet, Inc., Geotab, Inc., Verizon Communications Inc. (Connect), Omnitracs, LLC and GPS Trackit, Inc. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
- June 2020 - Geotab announced the North American launch of its Geotab Public Works solution. The all-in-one solution offers fleet managers full visibility into the operational data of all government vehicle types on one single platform and provides the toolsets to effectively remain compliant, reduce costs, and maintain road safety. It is designed to assist government agencies better manage vehicles such as salt spreaders, snowplows, street sweepers and waste management vehicles.
- May 2020 - Omnitracs, LLC partnered with McLeod Software, a provider of transportation management and trucking software solutions to the trucking industry. The integration with the McLeod LoadMaster transportation management system (TMS) will enhance the interoperability of the Omnitracs One platform, delivering more value to fleets globally.
North America Fleet Management Solutions Market Leaders
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PowerFleet, Inc.
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Geotab, Inc.
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Verizon Communications Inc. (Connect)
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Omnitracs, LLC
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GPS Trackit, Inc.
*Disclaimer: Major Players sorted in no particular order
