Frost Radar™: Malaysian Fleet Management System Market, 2020
Published on: 19-Nov-2020 | SKU: AU02076-AP-MR_24951

Need more details?
$4,950.00
DownloadLink
Need more details?

In light of the COVID-19 global pandemic, companies in the eCommerce, grocery delivery, and logistics industries have been enlarging their fleets to address the ever-increasing demand that begin in 2020. Cost minimization and fleet efficiency are urgently needed in this unprecedented time. The introduction of fleet management system (FMS) features such as real-time global positioning system (GPS) tracking, remote vehicle control, and driver behavior monitoring have enabled fleet managers to reduce costs and boost efficiency. By leveraging data-centric location tracking, an FMS offers users real-time monitoring. For instance, GPS tracking significantly enhances the accuracy of estimated delivery time in the logistics industry, which helps logistics providers decrease the rate of late deliveries and increase overall efficiency.

The FMS market is emerging in Malaysia. Since 2010, international and domestic solution providers have entered and are contributing to market growth. The Malaysian FMS market generated US$4 million in 2019 and is expected to reach US$10 million by 2025, increasing at a compound annual growth rate (CAGR) of 16.5%. In a field of more than 30 global industry participants, Frost & Sullivan independently plotted the top 8 companies in this Frost Radar™ analysis.

The Frost Radar™ reveals the market positioning of companies using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to consider to spur growth.

Strategic Imperative

Growth Environment

Frost Radar™: Malaysian Fleet Management System Market

Frost Radar™: Competitive Environment

AltairGPS

Astrata

GPS Fleet

iFleet

IntelliTrac

KATSANA

Kinesis

RightOnTrack 

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™Analytics

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

Legal Disclaimer

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

In light of the COVID-19 global pandemic, companies in the eCommerce, grocery delivery, and logistics industries have been enlarging their fleets to address the ever-increasing demand that begin in 2020. Cost minimization and fleet efficiency are urgently needed in this unprecedented time. The introduction of fleet management system (FMS) features such as real-time global positioning system (GPS) tracking, remote vehicle control, and driver behavior monitoring have enabled fleet managers to reduce costs and boost efficiency. By leveraging data-centric location tracking, an FMS offers users real-time monitoring. For instance, GPS tracking significantly enhances the accuracy of estimated delivery time in the logistics industry, which helps logistics providers decrease the rate of late deliveries and increase overall efficiency. The FMS market is emerging in Malaysia. Since 2010, international and domestic solution providers have entered and are contributing to market growth. The Malaysian FMS market generated US$4 million in 2019 and is expected to reach US$10 million by 2025, increasing at a compound annual growth rate (CAGR) of 16.5%. In a field of more than 30 global industry participants, Frost & Sullivan independently plotted the top 8 companies in this Frost Radar™ analysis. The Frost Radar™ reveals the market positioning of companies using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to consider to spur growth.
More Information
Deliverable Type Frost Radar
No Index No
Podcast No
Author Wenjian Ma
Industries Automotive
WIP Number PB41-01-00-00-00
Is Prebook No
GPS Codes 9800-A6,9674-A6,9694

Frost Radar™: Malaysian Fleet Management System Market, 2020

AutomotiveFrost Radar™: Malaysian Fleet Management System Market, 2020

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
19-Nov-2020
REGION
Asia Pacific
Deliverable Type
Frost Radar
Research Code: PB41-01-00-00-00
SKU: AU02076-AP-MR_24951
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU02076-AP-MR_24951