Internet of Things (IoT) Fleet Management Market - Product Opportunities 2028 | Telefónica, Sierra Wireless
Surging requirement for maximum operational efficiencies and vehicle security is one of the key patterns contributing the development of IoT fleet management market. Moreover, rise in compatibility of tablets, cell phones, and other smart gadgets with vehicles has made a way for internet network services.
Request Sample Copy of the Report @
On the basis of solutions, the IoT fleet management market is categorized into fleet analytics, fuel management, vehicle tracking and monitoring, predictive maintenance, driver tracking and monitoring, and remote diagnostics. In terms of applications, the Internet of things fleet management market is bifurcated into passenger cars and commercial vehicles. Among these, the segment of passenger cars is estimated to grow more due to increased growth rate as compared to commercial vehicles. This growth is credited to surge in usage of smartphones with passenger vehicles.
Internet of Things (IoT) Fleet Management Market: Trends and Opportunities
Government laws and activities in the field of smart transportation systems have advanced the improvement of vehicle network technologies and are accordingly anticipated that would energize wide reception of IoT innovation in the forthcoming years. Moreover, developing demand for risk free activities, lower emission, and low energy utilization is foreseen to support the use of IoT fleet management.
Request TOC of the Report @
Execution of IoT innovation gives various advantages, for example, safety and security, and monitoring. In any case, for it to work consistently, it needs powerful framework. Absence of proper infrastructure, particularly in developing nations, for example, Mexico and India, is one of the significant difficulties for market players. Additionally, concerns identified with information protection and information security can block the scope of development of the market.
Internet of Things (IoT) Fleet Management Market: Market Analysis
In the age of the Internet of Things (IoT), fleet has a chance to increase extraordinary attention into the activities of drivers and their vehicles, on account of cell phones and associated vehicles. Over 33% of fleet management professionals reviewed said they do not have the capacity to conveniently speak with individuals from their associations' fund offices, keeping them from informing about the figures of fleet expenditure. With most fleet professionals recognizing that cost lessening is a major issue for their organizations' finance employees, an absence of communication on how much expenses is caused by fleet department and savings uncovers a crack in their capacity to delivery on priority.
Internet of Things (IoT) Fleet Management Market: Regional Outlook
Region-wise, the global market is classified into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. Among these, Europe and North America held biggest combined market share in 2016 and are foreseen to lead the race along a solid development track. Be that as it may, the Middle East and Africa, Asia Pacific, and Latin America are expected to emerge as more lucrative regions.
North America will witness critical development in market in coming years. Expanding sales of commercial vehicles in the area are adding to the development of the territorial market. Solid advent of fleet management suppliers, for example, Trimble, Fleetmatics, Zonar Systems, Telogis, Omnitracs, and Verizon Network fleet will additionally boost the regional market.
The European Commission has been working with its various states and nations to improve on IoT. Nations, for example, Ireland and the U.K. are among the main adopters of fleet management arrangements.
Asia Pacific is probably going to be the quickest developing area during the forecast duration. Increasing popularity of smart gadgets, combined with development in vehicle deals, will drive the territorial market. The district is exceptionally price-sensitive, in any case, has gigantic scope of growth.
Read Comprehensive Overview of Report @
Internet of Things (IoT) Fleet Management Market: Vendor Landscape
Leading firms have surged the investments on R&D activities so as to come up with advanced solutions and to achieve an edge over their competitors. Key players operating in the market are Cisco Systems, Inc., AT&T, Verizon, IBM, Trimble Inc., Tomtom International BV, Telefónica, Sierra Wireless, and Intel Corporation, Omnitracs.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
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 Internet of Things (IoT) Fleet Management Market - Product Opportunities 2028 | Telefónica, Sierra Wireless here
News-ID: 1361334 • Views: 115
More Releases from TMR Research
KEY OPINION LEADER MANAGEMENT MARKET SCOPE, SEGMENTATION, DEVELOPMENT AND OPPORT …
Global Key Opinion Leader Management Market: Snapshot Key opinion leaders (KOLs) are trustworthy, influential, and experts of a particular field in the healthcare industry. Relationships of a firm with these KOLs is of great importance to manage and build a strong healthcare profile. These key opinion leaders go a long way towards educating the scientific and medical communities as well as help in increasing awareness pertaining to the recent developments in
SMART WATER GRID MARKET NEWER SEGMENTS OF APPLICATION 2025
Global Smart Water Grid Market – Snapshot The global smart water grid market is foreseen to experience its development prodded on the back of the prerequisite of managing old infrastructure, rise in information and communication technology (ICT), gap between supply and demand, water shortage, and several other factors. So as to guarantee smooth supply of water and keep a tab on its equal supply, smart water grid technology is expected to
DIGITAL UTILITY MARKET EXPANSION PROJECTED TO GAIN AN UPTICK DURING 2025
Global Digital Utility Market: Snapshot In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions. Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3398 Rise in
WEB CONTENT MANAGEMENT MARKET VALUE PROJECTED TO EXPAND BY 2025
Global Web Content Management Market: Snapshot The global web content management market is anticipated to gain impetus due to the need for organizing and appropriately using content across various marketing channels such as social media and mobile, and not just the web. Web content management allows users to have a seamless web experience while helping organizations to digitally market their products and services. It helps both technical and non-technical users to
More Releases for IoT
Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these