The Global IoT fleet management Market size is expected to grow at an annual average of 16.3% during 2021-2027. A fleet management system is formed by the integration of hardware, software, and communication technologies. It provides a platform to fleet operators to efficiently control, track, and monitor commercial vehicles. They improve the overall operational efficiency by reducing the non-value-added activities of the operators. The Internet of Things (IoT) helps in smooth connectivity of all the vehicles in a fleet, which not only helps to gain better insight into the driver’s behaviour but also assists in monitoring the health of the fleet from any device.
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The IoT Fleet Management Market key players in this market include:
- Trimble
- Omnitracs
- Fleetmatics (Verizon)
- AT&T
- IBM
- Teletrac Navman
- TomTom
- Oracle
- Intel
- Cisco Systems
- Sierra Wireless
By Type
- Passenger Vehicles
- Commercial Vehicles
By Application
- Routing Management
- Tracking and Monitoring
- Fuel Management
- Remote Diagnostics
- Others
Scope of the Report
The research study analyses the global IoT Fleet Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by IoT Fleet Management Market Report
- What was the IoT Fleet Management Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of IoT Fleet Management Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the IoT Fleet Management Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global IoT Fleet Management market.
- The market share of the global IoT Fleet Management market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global IoT Fleet Management market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global IoT Fleet Management market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)