Press release
U.S Smart Fleet Management Market Size Expected to Reach USD 89.17 Billion by 2027: Valuates Reports
Smart fleet solution is a fully integrated system used in automotive to simplify creation of effective maintenance plans. Smart fleet management services use software based on AI, IoT, and data analytics to enhance vehicle budget, driver management, fuel management, and vehicle telematics of aircraft & marine. Moreover, it benefits businesses that are significantly dependent on transportation of goods and services, with higher productivity and efficiency. It integrates commercial, technical, or operational requirements and restrictions. With access to real-time fleet status and fleet data, fleet managers can perform operations more effectively and increase driver productivity. The U.S smart fleet management market forecasted from year 2020-2027 by considering all the driving factors that influence equally to the smart fleet management market applications.
Get Detailed Analysis of COVID-19 Impact on U.s Smart Fleet Management Market: https://reports.valuates.com/request/sample/ALLI-Auto-2J375/U_S_Smart_Fleet_Management_Market
The U.S smart fleet management market segmented on the basis of on mode of transportation, application, connectivity, connectivity solutions and region. Roadways, marine, airways, and railways are studied under the mode of transportation segment. By application, the market is categorized into tracking, ADAS, optimization, and others. Depending on connectivity type, it is fragmented into short range and long range. On the basis of connectivity solution, the market is categorized into 4G&5G, GPS and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The smart fleet management industry size is calculated by considering all the countries shipments and traction technologies used in vehicles globally.
The growth of the smart fleet management market is driven by rise in incorporation of real-time fleet monitoring systems in automobiles, increase in use of cloud-based technology for smart fleet management solutions, and improvement in vehicle monitoring & fuel management. Furthermore, advent and integration of IoT and information, communication, & technology (ICT) into industries such as automobiles, logistics, and transportation drive the market growth. In addition, continuous tracking of driver behavior, vehicle tracking, real-time visibility, driver management, and others has resulted in significant market growth. Furthermore, introduction of effective communication network with emergence of 4G, 5G, and other wireless technologies; growth in vehicle replacement market and increase in international trade fuel the market growth. However, price concerns of fleet owners and cyber security concerns restrain the market growth. Rise in awareness about better driver & vehicle safety and enhancement of business decisions for fleet owners are expected to offer lucrative opportunities for the fleet management businesses in the near future. The smart fleet management market trends is decided on the basis of the market forecast from 2020 to 2027. One of the major factors that driving the smart fleet management market share is due to the rise in demand for the features such as incident detection, access control, and speed limit enforcement with major advanced safety & security features. Moreover, as per the core definition, the smart fleet management industry is only depending on the sales and latest innovation is done in monitoring & controlling the latest advanced featured cars.
The key players operating in the smart fleet management market include Cisco Systems, Inc., Continental AG, DENSO CORPORATION, Globecomm (Speedcast International Limited.), International Business Management Corporation, Samsung Electronics Co. Ltd. (Harman International Industries, Inc.), Tech Mahindra Limited, Robert Bosch GmbH, Siemens, and Sierra Wireless.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-2J375/u-s-smart-fleet-management
Key Benefits For Smart Fleet Management Market :
➣This study presents analytical depiction of the smart fleet management market analysis along with the current trends and future estimations to depict the imminent investment pockets.
➣The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
➣The report presents information related to the key drivers, restraints, and opportunities of the market with a detailed impact analysis.
➣The current smart fleet management market size is quantitatively analyzed from 2020 to 2027 to benchmark the financial competency.
➣Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
By Application
➣Tracking
➣ADAS
➣Optimization
➣Others
By Transportation
➣Roadways
➣Marine
➣Railways
➣Airways
By Connectivity
➣Short Range
➣Long Range
By Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
Similar Reports:
IoT Fleet Management Market: https://reports.valuates.com/market-reports/QYRE-Auto-L394/global-iot-fleet-management
Fleet Management Market: https://reports.valuates.com/market-reports/ALLI-Auto-1C138/fleet-management
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