European fleet management market to reach 27.6 million active systems by 2028
Analyst Berg Insight has revealed that the European fleet management market is continuing a period of growth. In its latest report, Berg said the number of active fleet management systems is set to reach 27.6 million by 2028. Between 2023 and 2028, it projects that the installed base of OEM systems will grow at a CAGR of 22.4 per cent, while the penetration rate into the total population of non-proprietary commercial vehicles and passenger cars will grow from 23.9 per cent in 2023 to 38.5 per cent in 2028.