Fleet management market expanding in Russia

Market research report examines the future of fleet management within Russia and the CIS countries to the end of the decade.

A new report from Research and Markets predicts that deployments of fleet management systems in Eastern Europe, Russia and the Commonwealth of Independent States (CIS) will almost double by the end of the decade to reach almost 8 million installed units.

The report, “Fleet Management in Russia/CIS and Eastern Europe – 3rd Edition”, details how the market for fleet management systems in commercial vehicles will evolve during the period between now and 2020 through detailed analysis of information concerning the market itself, the products on offer and the key suppliers, including Transics, Telogis, TomTom Telematics, SkyGuard and others.

Berg Insight’s 3rd strategy report on the topic, retailed by Research and Markets, runs to 200 pages in which the reader can find the latest business intelligence, forecasts, case studies and commentary from experts in the field.

The number of installed fleet management system units installed in commercial vehicles in the region as of the fourth quarter, 2015 was 4.2 million and that figure is expected to grow at a compound annual growth rate (CAGR) of 13.5% to the end of the decade, resulting in a forecast installed base of 7.9 million units by 2020. Just under half of the existing inventory within the region now have been supplied by the top 10 suppliers of commercial vehicle fleet management systems.

The report can be purchased directly from the Research and Markets website here: “Fleet Management in Russia/CIS and Eastern Europe – 3rd Edition”

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