openPR Logo
Press release

Global IoT Fleet Management Market Size and Market Share Comparison by Applications Forecast to 2023

08-14-2018 11:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AlgoroReports

IoT Fleet Management Market Algoro Reports

IoT Fleet Management Market Algoro Reports

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. Fuel cards are used for fuel management while driver safety systems monitor driver behavior. Other solutions are employed for locational tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments.

IoT Fleet Management Market by Platform (Device Management, Application Enablement Platform, and Network Management), Services (Professional, Managed), Cloud Deployment (Public, Private, Hybrid), Solutions, Fleet Type, and Region - Global Forecast to 2025

Ask for Detailed Sample Report: https://www.algororeports.com/sample-request/global-iot-fleet-management-market-by-manufacturers-countries-type-and-application-forecast-to-2023

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 behavior but also assists in monitoring the health of the fleet from any device. Rising demand for fleet safety and data management coupled with the growing need to reduce the total cost of ownership (TCO) and achieve fuel efficiency are anticipated to drive the adoption of IoT technology in fleet management systems.

If you would like to enquire before buying report click here:https://www.algororeports.com/enquiry/global-iot-fleet-management-market-by-manufacturers-countries-type-and-application-forecast-to-2023

Scope of the Report:

This report studies the IoT Fleet Management market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the IoT Fleet Management market by product type and applications/end industries.
The key factors driving the growth of the IoT fleet management market are increased demand for optimized business operations, real-time fleet monitoring, and growing number of government mandates for fleet safety.
Routing management accounted for the largest share of the IoT fleet management market, 38.4% in 2016. The growth of this segment can be attributed to rising global road freight traffic and constant R&D activities to develop innovative products. Also, the continuous R&D activities by fleet solution providers to develop advanced products help the fleet companies to provide the shortest and less crowded route to fleet vehicles to avoid unnecessary overtime cost.
The North America region is expected to hold the largest share in the IoT fleet management market, 38% in 2016. The growth of the IoT fleet management market in this region can be attributed to increasing sales of fleet vehicles, high adoption rate of advanced technological products, and regulatory developments by the government.
The major players who are operating in the IoT fleet management market globally have been profiled thoroughly and competitively in the study across all the give broad geographical regions that are covered under the purview of the report. The competitive analysis of all the market players is inclusive of their recent developments regarding IoT fleet management and the unique business strategies formulated by the companies to compete and retain their position in the global market.

Pplease email to: neel.patel@algororeports.com | Ph: +1–972–591–8785 (US) | info@algororeports.com

The global IoT Fleet Management market is valued at 3810 million USD in 2017 and is expected to reach 12700 million USD by the end of 2023, growing at a CAGR of 22.2% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of IoT Fleet Management.

Market Segment by Companies, this report covers

- Trimble
- Omnitracs
- Fleetmatics (Verizon)
- AT&T
- IBM
- Teletrac Navman
- TomTom
- Oracle
- Intel
- Cisco Systems
- Sierra Wireless

Market Segment by Regions, regional analysis covers

- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

- Passenger Vehicles
- Commercial Vehicles

Market Segment by Applications, can be divided into

- Routing Management
- Tracking and Monitoring
- Fuel Management
- Remote Diagnostics
Others

Ask for the discount here: https://www.algororeports.com/sample-request/global-iot-fleet-management-market-by-manufacturers-countries-type-and-application-forecast-to-2023

If you have any special requirements, please let us know and we will offer you the report as you want.

Access Full Report Details: https://www.algororeports.com/reports/global-iot-fleet-management-market-by-manufacturers-countries-type-and-application-forecast-to-2023

AlgoroReports is a part of Algororesearch Consultant Pvt. Ltd. AlgoroReports is one of the largest collections of market research reports from numerous publishers with the team of industries specialist that meet with best client requirements. Market Research is based on a research project that may also be an expansion on past work in the field. Research projects can be used to develop further knowledge on a topic, geography, culture, linguistics, and community to provide exact idea about existing market.

Neel Patel
Manager Business Development
www.algororeports.com
neel.patel@algororeports.com
Ph: +1–972–591–8785 (US)
info@algororeports.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global IoT Fleet Management Market Size and Market Share Comparison by Applications Forecast to 2023 here

News-ID: 1179055 • Views:

More Releases from AlgoroReports

Trending 2021 Flexible Electronics Market Analysis & Forecast by 2027| Sumitomo Electric, Nitto, Career Technology (Mfg.) Co. Ltd, Flexcom Inc, Daeduck GDS
Trending 2021 Flexible Electronics Market Analysis & Forecast by 2027| Sumitomo …
Flexible Electronics Market Market Growth upto 2027 United States: AlgoroReports adds a new Report is a result of an extensive examination of the Flexible Electronics market patterns. This report covers a comprehensive investigation of the information that influences the Flexible Electronics market regarding the fabricates, providers, market players, and clients. The report likewise incorporates an outline of the innovative applications and methodologies utilized by market pioneers. Aside from information assembled dependent on type, application,
Resin Glasses Market Capacity, Production, Revenue, Price and Gross Margin, Industry Analysis & Forecast by 2027| Kaiyue Glasses, Essilor, Hoya Vision, ZEISS, Pentax Optical Glasses
Resin Glasses Market Capacity, Production, Revenue, Price and Gross Margin, Indu …
Resin Glasses Market Market Growth upto 2027 United States: AlgoroReports adds a new Report is a result of an extensive examination of the Resin Glasses market patterns. This report covers a comprehensive investigation of the information that influences the Resin Glasses market regarding the fabricates, providers, market players, and clients. The report likewise incorporates an outline of the innovative applications and methodologies utilized by market pioneers. Aside from information assembled dependent on type, application,
Electric Adjustable String Market Increasing Demand with Leading Player, Comprehensive Analysis 2027| Nexteer Automotive Group, FAW, Chery Automobile, BYD, Hang Lung Group
Electric Adjustable String Market Increasing Demand with Leading Player, Compreh …
Electric Adjustable String Market Market Growth upto 2027 United States: AlgoroReports adds a new Report is a result of an extensive examination of the Electric Adjustable String market patterns. This report covers a comprehensive investigation of the information that influences the Electric Adjustable String market regarding the fabricates, providers, market players, and clients. The report likewise incorporates an outline of the innovative applications and methodologies utilized by market pioneers. Aside from information assembled dependent
Resin Lenses Market Key Trends, Manufacturers in Globe, Benefits, Opportunities to 2027| ZEISS, Chemi, Essilor, MingYue, Nikon
Resin Lenses Market Key Trends, Manufacturers in Globe, Benefits, Opportunities …
Resin Lenses Market Market Growth upto 2027 United States: AlgoroReports adds a new Report is a result of an extensive examination of the Resin Lenses market patterns. This report covers a comprehensive investigation of the information that influences the Resin Lenses market regarding the fabricates, providers, market players, and clients. The report likewise incorporates an outline of the innovative applications and methodologies utilized by market pioneers. Aside from information assembled dependent on type, application,

All 5 Releases


More Releases for IoT

IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, …
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiled
Narrowband IoT (NB-IoT) Market Future Adoption Overview 2025
The report titled "Global Narrowband IoT (NB-IoT) Market Size, Status and Forecast 2025, Trends, Share, Size Research Report " offers a primary impression of the Narrowband IoT (NB-IoT) industry covering different product Scope, Characterizations, Classifications, Objectives, and Participants in the industry chain structure. This report profiles major 15 topmost manufactures operating like ( Vodafone, China Unicom, China Telecom, AT&T, Etisalat, Telstra, Orange, Telefonica, SK Telecom, Deutsche Telekom  -  for complete manufactures list, please
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo …
Research N Report has released a new report on the “global Blockchain in IOT Market”. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market. "Blockchain in Internet
IoT Healthcare Market - Revolution in Healthcare with IOT & IoT has the Potentia …
In this report, the Internet of Things (IoT) Healthcare market was valued at USD 28.42 Billion in 2015, and is projected to reach USD 337.41 billion by 2025, growing at a CAGR of 28.2% over the forecast period. "Internet of Things (IoT) Healthcare Market", published by Xpodence Research, provides extensive insight and analysis of the Internet of Things (IoT) Healthcare market over the next eight years (2015-2025) and acts as a
Narrowband IoT (NB-IoT) Chipset Market - Product Drawbacks 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2879 Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various
Narrowband IoT (NB-IoT) Chipset Market Rapidly expanding 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various new industrial IoT (IIoT) devices, which includes