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Europe's Fleet Management Market Growth
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Overview
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European fleet management systems are set to reach 26.5 million units by 2027, with a projected CAGR of 12.4% from 2022 to 2027. The industry is experiencing consolidation trends, with major truck manufacturers like Scania, Daimler, and Volvo offering OEM telematics solutions. Key players include Targa Telematics, Webfleet, Verizon Connect, Scania, Daimler, and Volvo.
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How might the projected growth in fleet management systems impact the transportation industry in Europe?
In what ways might the presence of major truck manufacturers influence the adoption of fleet management systems in the region?
What are the potential implications of the consolidation trends in the European fleet management market?
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