Growth of Truck-as-a-Service Market to Be Impacted by the Adoption of Blockchain in Trucking | Technavio

The market will accelerate at a CAGR of 21.53% between 2019-2023

LONDON–(BUSINESS WIRE)–#Industrials–The report, truck-as-a-service market 2019-2023, has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on service and geography for the forecast period 2019-2023.

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The report on the truck-as-a-service market includes:

Truck-as-a-service market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation

    • Service
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Truck-as-a-Service Market 2019-2023: Competitive landscape

  • Vendors covered
  • Vendor classification

    • Daimler AG
    • Fleet Advantage LLC
    • Fleet Complete
    • Trimble Inc.
    • Volkswagen AG

Truck-as-a-Service Market Landscape 2019-2023: Geographic Landscape

  • North America – Market size and forecast 2018-2023
  • Europe – Market size and forecast 2018-2023
  • APAC – Market size and forecast 2018-2023
  • MEA – Market size and forecast 2018-2023
  • South America – Market size and forecast 2018-2023

Truck-as-a-service Market Landscape 2019-2023: Service

  • Digital freight brokerage – Market size and forecast 2018-2023
  • Telematics – Market size and forecast 2018-2023
  • Data analytics – Market size and forecast 2018-2023
  • Truck platooning – Market size and forecast 2018-2023

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Increasing implementation of IoT in trucking will drive the truck-as-a-service market

The adoption of IoT is rapidly changing the trucking industry as IoT-based gadgets play an important role in various trucking operations. Integrating IoT enables companies to manage the performance of their fleets and solve issues before they occur. The connected devices help in enhancing driver experience and bringing about a radical change in the approach to driving.

Adoption of blockchain in trucking – An emerging trend in the truck-as-a-service market

The use of blockchain in trucking helps in streamlining the freight transactions by improving visibility, security, and accuracy of data. In addition, blockchain technology ensures better utilization of assets and helps the trucking industry forecast and predict volumes. Such benefits will increase the adoption of blockchain during the forecast period.

Other Key Topics Covered in the Report Are:


  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis



  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023


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  • Market drivers
  • Market challenges


  • Adoption of over-the-air software updates
  • Emergence of electric trucks
  • Adoption of blockchain in trucking

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