Fleet Tracking Statistics 2023
– Everything You Need to Know

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Fleet Tracking Statistics 2023: Facts about Fleet Tracking are important because they give you more context about what’s going on in the World in terms of Fleet Tracking.

LLCBuddy editorial team scanned the web and collected all important Fleet Tracking Statistics on this page. We proofread the data to make these as accurate as possible. We believe you don’t need to check any other resource on the web for Fleet Tracking Facts; All are here only 🙂

Are you planning to form an LLC? Thus you need to know more about Fleet Tracking? Maybe for study projects or business research or personal curiosity only, whatever it is – it’s always a good idea to know more about the most important Fleet Tracking Statistics of 2023.

How much of an impact will Fleet Tracking Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your Fleet Tracking related questions here.

Please read the page carefully and don’t miss any words.

On this page, you’ll learn about the following:

Top Fleet Tracking Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 52 Fleet Tracking Statistics on this page 🙂

Fleet Tracking “Latest” Statistics

  • The U.S. is expected to have a 24% rise in freight tonnage in 2022, according to the American Trucking Association’s U.S. Freight Transportation Forecast 2022.[1]
  • A record number of 60,800 drivers were not available in the trucking business in 2018, up 20% from the year before.[1]
  • According to research by TuSimple, self-driving vehicles use 10% less fuel than conventional trucks.[1]
  • Retiring truck drivers who must be replaced by new recruits, who will make up 54% of all new driver hires, are the main cause of the driver shortage.[1]
  • According to the same poll, 37% of small company owners think fleets will become totally autonomous in as short as 10 years.[1]
  • The trucking business is in charge of carrying products around the country and to our neighboring nations, moving about 72.5% of the freight in the U.S.[1]
  • Truck driver job posting activity fell by 38% between 2019 and 2020, indicating that online trucking job posting is ineffective.[1]
  • In 2020, 61% of fleet managers said that the capacity of FSM software to gather client information, work specifics, and automatically update records was the most crucial aspect according to Verizon Connect, 2020.[2]
  • Economic and regulatory uncertainty caused by the epidemic caused 44% of fleet managers to see rising costs as their biggest issue according to Verizon Connect, 2020.[2]
  • The benefits of GPS Fleet Tracking in Field Service Management according to VerizonConnect are as follows: lowers accident expenses by 11%, 10% reduction in labor expenses, and 8% reduction in gasoline prices.[2]
  • According to estimates from Allied Market Research, the size of the worldwide field service management market would increase between 2021 and 2030 at a CAGR of 19.7%.[2]
  • According to IBISWorld, 2021, between 2017 and 2022, the US market for field service management software grew by an average of 13% annually.[2]
  • According to the same report, 32% of companies who used fleet monitoring technology saw a good return on investment within only six months.[2]
  • According to ReachOut, 2020, artificial intelligence and mobility together increase field service agent productivity by 30% to 40%.[2]
  • According to Allied Market Research in 2021, the global market for field service management was expected to reach $4,005.00 million in 2020.[2]
  • 94% of car accidents speeding disregard for traffic signs not wearing a seatbelt record of a breach of duty status.[3]
  • 67.7% of surface commerce between the US and Canada is carried out by trucks.[3]
  • According to Verizon Connect research, 72% of fleets employed fleet monitoring technology in 2020, up from 64% in 2019.[4]
  • According to the study, 96% of fleets that use GPS fleet monitoring software find it useful, citing lower costs for fuel, labor, and accidents as its top advantages.[4]
  • In 2022, 1 in every 40 cars registered will be an electric vehicle, according to a recent report by InsideEVs.[5]
  • Thanks to effective route planning, vehicle management, and driver coordination, ENYP Charity boosts deliveries by 357%.[5]
  • The transportation sector alone in the US is accountable for 29% of all greenhouse gas emissions.[5]
  • The world economic forum predicts that the growing fleet size would cause carbon emissions to rise by 30% by 2030.[5]
  • Since using fleet vehicle monitoring systems, more than 40% of logistics managers have observed a drop in driver safety incidents.[5]
  • Fleet managers and executives claimed that the covid 19 epidemic had a detrimental effect on business in 55% of cases. 3.[6]
  • A GPS fleet monitoring technology assisted 42% of respondents in improving routing, 46% in increasing productivity, and 48% in enhancing customer service, all of which improved financial results.[6]
  • After taking advanced driver training classes, accident rates have been found to drop by up to 38%.[6]
  • According to Ernst & Young, fleets’ total cost of ownership might be between 30 and 50% of maintenance costs.[6]
  • According to the American Trucking Associations’s truck stats, there were around 37.9 million trucks registered for commercial use in the U.S. in 2009.[6]
  • Fleet monitoring software is proving to be valuable, with 62% of GPS tracking customers having a favorable ROI, according to the 2022 Fleet Technology Trends Report.[6]
  • Around 12.7 million vehicles are expected to have fleet management systems installed by the year 2020.[6]
  • 31% of those who adopted fleet tracking technology said they saw a profit within six months.[6]
  • Only 15% of fleets polled said they now utilize big data analytics to inform strategic decision-making, and only 23% claim they do.[6]
  • More than 70% of consumers utilize fleet monitoring technology to run their business, demonstrating the efficacy of the product.[6]
  • In less than a year of utilizing fleet monitoring technology, 52% of respondents in the transportation vertical, 51% of respondents in the construction vertical, and 32% of respondents in the government vertical all had a positive ROI.[6]
  • Due to the desire for affordable and low-emission methods to effectively manage fleet operations, the light commercial vehicle category maintained a market share of over 60% in 2018.[6]
  • Due to the adoption of fleet management systems to increase the operational effectiveness of transportation logistics organizations, the application sector for transportation logistics had a market share of more than 30% for vehicle tracking devices in 2018.[6]
  • As a result of the growing usage of wireless technologies, the market for wireless vehicle tracking devices is anticipated to develop at a pace of over 20% over the forecasted period.[6]
  • The bulk of the market is dominated by fleet management, which is anticipated to expand at a CAGR of 10.6% during the forecast period.[7]
  • The market for fleet management was estimated to be worth $19.47 billion in 2020 and is expected to grow to $52.50 billion by 2030, with a CAGR of 10.6% between 2021 and 2030.[7]
  • The fleet management software segment is anticipated to surpass the 12% mark in 2023.[8]
  • The fleet management market’s growth rate for 2020 has been constrained to 8%, which is almost 1.5% less than the previous year.[8]
  • There were $732.3 billion in gross freight receipts from trucking’s principal shipments in 2020 or 80.4% of the nation’s freight expenditure.[9]
  • 42% of those who use fleet monitoring software to track driver behavior report fewer safety issues.[10]
  • Given that gasoline is the biggest expenditure for 32% of fleets, 55% of fleets reported lower fuel expenses as a result of telematics software.[10]
  • Most fleets (74%) use telematics to track the whereabouts of their vehicles and equipment.[10]
  • After deploying GPS fleet monitoring, 52% of respondents reported better customer service, while 49% reported increased efficiency.[11]
  • 97% of users in 2018 said their fleet monitoring system was helpful, with 74% describing it as very or very helpful.[11]
  • GPS fleet management reduces labor expenses by 9-25% and accident costs by 16-30%.[11]
  • In 2019, GPS fleet monitoring use increased by 8.5% year over year.[11]
  • 36% of businesses stated they reduced fuel expenses in 2019 across a range of sectors after deploying fleet monitoring.[11]
  • Fleet monitoring led to a 54% increase in customer satisfaction.[11]

Also Read


  1. elddevices – https://elddevices.net/trucking-industry-statistics-and-projections/
  2. financesonline – https://financesonline.com/field-service-management-software-statistics/
  3. lytx – https://resources.lytx.com/blog/trucking-statistics-and-facts-for-fleet-managers
  4. star – https://star.global/posts/fleet-management-solutions/
  5. route4me – https://support.route4me.com/faq/route-planning-glossary/what-is-fleet-management/
  6. webinarcare – https://webinarcare.com/best-fleet-tracking-software/fleet-tracking-statistics/
  7. alliedmarketresearch – https://www.alliedmarketresearch.com/fleet-management-market
  8. automotiveworld – https://www.automotiveworld.com/articles/fleet-management-market-value-to-triple-by-2030/
  9. netradyne – https://www.netradyne.com/blog/trucking-statistics-and-facts-for-fleet-managers-2022
  10. teletracnavman – https://www.teletracnavman.com/resources/blog/9-must-know-stats-on-the-state-of-fleet-management
  11. verizonconnect – https://www.verizonconnect.com/resources/article/fleet-management-trends/

About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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