Truck as a Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2030
Truck-as-a-Service Market: Introduction According to the report, the global truck-as-a-service market is projected to surpass US$ 99.2 Bn by 2030 , expanding at a CAGR of ~ 26% during the forecast period. Increased trend of online shopping is a major factor driving the road transportation for delivery of goods, which is likely to boost the truck-as-a-service market across the globe. Moreover, rise in penetration of advanced technologies in commercial vehicles, which helps to enhance the safety of drivers and avoid breakdown of vehicles, is anticipated to boost the truck-as-a-service market across the globe. Investments by various governments across the globe in fast movable consuming goods (FMCG) is likely to offer significant opportunities for truck transportation service providers, which in turn is estimated to boost the truck-as-a-service market. In addition, rise in adoption of technology in transportation, including next-gen global positio...