According to business intelligence tool, increased purchasing power of the population is main factor that drive the profitability for the fleet management market
The ability to operate and handle multi-brand vehicles across various automotive segments is poised to be a highly profitable market. According to the market database, the increased purchasing power of the population the populous is anticipated to be one of the main factors that drive the profitability associated with the fleet management market. One of the main factors that are expected to cause a shift in trends is the increase in sharing of automotive as opposed to ownership. A change in purchasing pattern is observed amongst the younger population, i.e. the number of youngsters purchasing cars is poised to reduce.
