High Growth Possibilities in Truck-As-A-Service Market 2018-2025
The confluence of technologies in the trucking industry is providing a platform for various stakeholders to build service and solution-based revenue models. As commercial trucks increasingly integrate telematics devices, a plethora of services beyond tracking, from prognostics to asset management to driver behavior management, are being enabled. The industry view holds that digitalizing the freight brokerage process has had the greatest impact on improving freight efficiency, reducing empty miles and emissions, as well as lowering the cost of trucking. Digital freight brokerage, telematics services, business analytics, digitalization of retail and platooning are expected to rapidly expand the Truck-As-A-Service Market from US$13.26 billion in 2018 to over US$+79.42 billion in 2025. Top Key Players: · Daimler Truck & Bus, · Fleet Advantage, · Fleet Complete, · MAN Truck & Bus, · Trimble Transportation Enterpr