IoT Fleet Management Market Competitive Analysis from 2019 to 2025: Trimble Inc., Verizon Connect, AT&T, IBM, Oracle, Intel Corporation, Cisco Systems, TomTom, Sierra Wireless and Fleetmatics

For reaching towards the success at local, regional as well as international level, this high quality global IoT Fleet Management market research report is a definitive solution. This market report considers various factors that have great effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the ICT industry. Clients get clear understanding of the market place with a nice combination of best industry insight, practical solutions, talent solutions and latest technology while using this IoT Fleet Management report for the business growth.

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.

Market Segment by Manufacturers, this report covers

· Trimble Inc.

· Trimble Visibility

· Trimble Civil Engineering and Construction

· Trimble Transport & Logistics

· Verizon Connect

· AT&T

· IBM

· Oracle

· Intel Corporation

· Cisco Systems

· TomTom

· Fleetmatics

· Omnitracs

· Fleetmatics (Formerly SageQuest)

· AT&T México

· Teletrac Navman

· Teletrac Navman | Australia

· Teletrac Navman UK

· Sierra Wireless

· Sierra Monitor Corporation

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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.

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.

IoT Fleet Management Market —Product Type Segmentation

· Passenger Vehicles

· Commercial Vehicles

IoT Fleet Management Market —Industry Segmentation

· Routing Management

· Tracking and Monitoring

· Fuel Management

· Remote Diagnostics

· Others

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Table of Contents

1 Market Overview

2 Manufacturers Profiles

3 Global IoT Fleet Management Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)

4 Global IoT Fleet Management Market Analysis by Regions

5 North America IoT Fleet Management by Country

6 Europe IoT Fleet Management by Country

7 Asia-Pacific IoT Fleet Management by Country

8 South America IoT Fleet Management by Country

9 Middle East and Africa IoT Fleet Management by Countries

10 Global IoT Fleet Management Market Segment by Type

11 Global IoT Fleet Management Market Segment by Application

12 IoT Fleet Management Market Forecast (2019-2024)

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendix

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Reasons To Buy This Report:

1. To get a comprehensive overview of the IoT Fleet Management market.

2. To gain information about the top players in this industry, their product portfolios, and their key strategies.

3. To gain insights about the major regional insights in which the IoT Fleet Management is flourishing.

4. Recent industry trends and developments

5. Potential and niche segments/regions exhibiting promising growth

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