openPR Logo
Press release

IoT Fleet Management Market to Exhibit 22.2% CAGR to 2024 | Trimble, Omnitracs, Fleetmatics, AT&T, IBM, Teletrac Navman, TomTom

08-15-2019 12:42 AM CET | Logistics & Transport

Press release from: ReportsWeb

IoT Fleet Management Market

IoT Fleet Management Market

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. According to this study, over the next five years the IoT Fleet Management market will register a 22.2% CAGR in terms of revenue, the global market size will reach US$ 12700 million by 2024, from US$ 3810 million in 2019. 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.

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.

Get Sample Copy of this Report @ http://bit.ly/2OSkvRZ

Key players of IoT Fleet Management Market: 
Trimble, Omnitracs, Fleetmatics (Verizon), AT&T, IBM, Teletrac Navman, TomTom, Oracle, Intel, Cisco Systems, Sierra Wireless

Market Segment by Type:
Passenger Vehicles, Commercial Vehicles

Market Segment by Applications:
Routing Management, Tracking and Monitoring, Fuel Management, Remote Diagnostics, Others

Research objectives:

1. To study and analyze the global IoT Fleet Management Market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
2. To understand the structure of IoT Fleet Management Market by identifying its various subsegments.
3. Focuses on the key global IoT Fleet Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
4. To analyze the IoT Fleet Management with respect to individual growth trends, future prospects, and their contribution to the total market.
5. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6. To project the size of IoT Fleet Management submarkets, with respect to key regions (along with their respective key countries).
7. To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
8. To strategically profile the key players and comprehensively analyze their growth strategies.

Get Discount for This Report @ http://bit.ly/2TuX3sw

Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 IoT Fleet Management Market Size
2.2 IoT Fleet Management Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 IoT Fleet Management Market Size by Manufacturers
3.2 IoT Fleet Management Key Players Head office and Area Served
3.3 Key Players IoT Fleet Management Product/Solution/Service
3.4 Date of Enter into IoT Fleet Management Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global IoT Fleet Management Sales by Product
4.2 Global IoT Fleet Management Revenue by Product
4.3 IoT Fleet Management Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global IoT Fleet Management Breakdown Data by End User

Buy This Report @ http://bit.ly/3037mGU

Contact Us:
Call: +1-646-491-9876
Email: sales@reportsweb.com

About ReportsWeb:
ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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 IoT Fleet Management Market to Exhibit 22.2% CAGR to 2024 | Trimble, Omnitracs, Fleetmatics, AT&T, IBM, Teletrac Navman, TomTom here

News-ID: 1822418 • Views: 332

More Releases from ReportsWeb

Digital Oilfield Market Outlook to 2025 | ELYNX TECHNOLOGIES, LLC., 3GIG, Micota …
Digital Oilfield is the use of technology to manage & increase production, improving personnel safety, allowing for cost reduction, and improving efficiency in the oil and gas field. The main purpose of the digital oilfield is to abolish ineffective time, take full advantage of oilfield recovery and arrangement of cohesive workflows and profit maximization through the design. Due to the digital oilfield, the advanced information technology combines with the business
Geofencing Market Outlook to 2019 | Apple, Thumbvista, ESRI, Geomoby, Pulsate, M …
Global Geofencing Analytics Market Analysis to 2025" is a specialized and in-depth study of the geofencing industry with a focus on the global market trend. The report aims to provide an overview of global geofencing market with detailed market segmentation by connectivity, type, enterprise size, application, and geography. The global geofencing market is expected to witness high growth during the forecast period. The report provides key statistics on the market
In-flight Entertainment Market Future Growth Analysis, Business Demand and Oppor …
In-flight Entertainment Market Report covers the information, including: shipment, value, income, net benefit, business appropriation and so forth, this information enables the buyer to think about the contenders better. This report additionally covers every one of the districts and nations of the world, which demonstrates a regional advancement status, including market size, volume and esteem, and also value information. Major Players in In-flight Entertainment market report are: Thales Group, Gogo LLC, Panasonic
Cyber Security Of Security Services Market Future Scope with Upcoming Opportunit …
Cyber Security Of Security Services Market Report covers the information, including: shipment, value, income, net benefit, business appropriation and so forth, this information enables the buyer to think about the contenders better. This report additionally covers every one of the districts and nations of the world, which demonstrates a regional advancement status, including market size, volume and esteem, and also value information. Major Players in Cyber Security Of Security Services market

All 5 Releases


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
Telecom IoT
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