IoT Fleet Management Market Size, Historical Breakdown Data (2014-2019) and Forecast (2019-2024) | Market Revenue and Market Share by Manufacturers- Trimble, Omnitracs, Fleetmatics (Verizon), ATandT and More

MarketResearchNest.com adds “Global IoT Fleet Management Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” new report to its research database.

IoT Fleet Management market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the IoT Fleet Management market by product type and applications/end industries.

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.

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.

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IoT Fleet Management market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. IoT Fleet Management market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.

Scope of the Report:
• 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 RandD activities to develop innovative products. Also, the continuous RandD 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 formulized by the companies to compete and retain their position in the global market.
• The global IoT Fleet Management market is valued at 3810 million USD in 2018 and is expected to reach 12700 million USD by the end of 2024, growing at a CAGR of 22.2% between 2019 and 2024.
• 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.
• Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
• 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.

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Market Segment by Manufacturers, this report covers:
• Trimble
• Omnitracs
• Fleetmatics (Verizon)
• ATandT
• IBM
• Teletrac Navman
• TomTom
• Oracle
• Intel
• Cisco Systems
• Sierra Wireless
Manufacturers Continued….

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 etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The IoT Fleet Management market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.

Market Segment by Type, covers:
• Passenger Vehicles
• Commercial Vehicles
Types Continued….

Market Segment by Applications, can be divided into:
• Routing Management
• Tracking and Monitoring
• Fuel Management
• Remote Diagnostics
• Others
Applications Continued….

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

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The content of the study subjects, includes a total of 15 chapters:
• Chapter 1, to describe IoT Fleet Management product scope, market overview, market opportunities, market driving force and market risks.
• Chapter 2, to profile the top manufacturers of IoT Fleet Management, with price, sales, revenue and global market share of IoT Fleet Management in 2017 and 2018.
• Chapter 3, the IoT Fleet Management competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
• Chapter 4, the IoT Fleet Management breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
• Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
• Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
• Chapter 12, IoT Fleet Management market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
• Chapter 13, 14 and 15, to describe IoT Fleet Management sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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