World News: 09:46 GMT Wednesday 14th August 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Aug. 14, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.
The global Fleet card market has increased at a significant growth rate over the past few years and projections are made that the market would rise in the next four years i.e. 2019 to 2023.
The global Fleet card market is expected to increase on the back of rising demand for cashless fuel transactions, consolidation of the fragmented market, availability of a large number of value-added services associated with fuel cards, etc.
Yet the market faces some challenges such as rising competition from new entrants, changing legal framework, volatile oil prices, rising consumer expectations, etc.
A brief company profiling of major players namely BP, WEX, FLEETCOR, and Royal Dutch Shell has been provided in the report on the basis of aspects like business overview, financial overview and business strategies adopted by respective companies.
The report also provides brief regional/country analysis of Europe. The analysis includes market size in terms of value, volume, application, segment and fuel spending. Europe is expected to dominate the global fleet card market in the forecasted period also.
Furthermore, the report also assesses the key opportunities available in the market and outlines the market dynamics that are and will be accountable for the growth of the industry. Growth of the global fleet card market has also been forecasted for the period 2019-2023, taking into consideration previous growth outlines, growth drivers and the existing and forthcoming trends.
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Globe Newswire: 09:46 GMT Wednesday 14th August 2019
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