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IoT Fleet Management Market Analysis, Application Covered, Services, Type, Global Industry Research and Forecast 2023

03-19-2018 11:11 AM CET | IT, New Media & Software

Press release from: Research for Markets

/ PR Agency: Research for Markets
Research for Markets

Research for Markets

According to Research for Markets, the Global IoT Fleet Management Market is accounted for $3.17 billion in 2016 and is expected to reach $13.17 billion by 2023 growing at a CAGR of 22.5% during the forecast period. Requirement for optimum operational efficiencies and increasing trends towards smartphone integration with vehicles are factors contributing for the market growth. However, absence of IoT infrastructure in emerging countries is restricting the market. Moreover, Truck Platooning, Cloud and Fog Computing Analytics provide huge growth opportunities for the market.

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Fleet Management is a capacity which permits organizations which depend on transportation in business to expel or limit the dangers related with vehicle investment, improving efficiency and productivity and diminishing their general transportation and staff costs, giving 100% consistence government enactment and some more. The hybrid model has a significant growth in the market due to benefits such as higher flexibility of data management and adequate data implementation privilege at lesser prices. It allows data backup and recovery on cloud infrastructure. The fluctuating trend of subscription-based solutions is also developing at a modest pace. These require endless cloud server with easy accessibility. The joint scalability and flexibility of virtual cloud server will accelerate the growth of the hybrid model market.

Device management is utilized as a part of IoT fleet management market because of extended usage of customized devices, for example, cell phones and tablets. It encourage device confirmation, remote access, observing, and investigating and offers security highlights against hacking and malware assaults. The OAuth 2.0 and OpenID Connect 1.0 are the approval models that improve the device confirmation that works with IoT server.

By geography, Americas region has acquired the largest market share in the IoT fleet management market owing to expanding offers of fleet vehicles, high appropriation rate of advanced technological products and administrative advancements by the government. Likewise, a portion of the Original Equipment Manufacturers (OEM) in this region, for example, Volvo Trucks and Daimler Trucks North America, LLC began offering telematics arrangements either freely or in association with fleet arrangement suppliers.

Some of the key players in IoT Fleet Management market include Cisco Systems, Inc., Trimble, Inc., International Business Machines Corporation (IBM), Intel Corporation, Omnitracs, AT&T, Inc., Verizon Communications, Inc., Tomtom International BV, Telefonica, S.A. and Sierra Wireless.

Application Covered:
• Driver Information System
• Fuel Management
• Routing Management
• Vehicle Maintenance
• Drive Time Analysis
• Fleet Analytics
• Remote Diagnostics
• Tracking and monitoring
• Other Applications

Platform Covered:
• Network management
• Device management
• Application Enablement Platform (AEP)

Cloud Deployment Model Covered:
• Public
• Hybrid
• Private

Services Covered:
• Managed
• Professional

Fleet Type Covered:
• Public buses
• Commercial Vehicles (CV)
• Passenger Cars (PC)

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Table of Content
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes

5 Global IoT Fleet Management Market, By Application
5.1 Introduction
5.2 Driver Information System
5.3 Fuel Management

6 Global IoT Fleet Management Market, By Platform
6.1 Introduction
6.2 Network management
6.3 Device management

7 Global IoT Fleet Management Market, By Cloud Deployment Model
7.1 Introduction
7.2 Public
7.3 Hybrid

8 Global IoT Fleet Management Market, By Service
8.1 Introduction
8.2 Managed
8.3 Professional

9 Global IoT Fleet Management Market, By Fleet Type
9.1 Introduction
9.2 Public buses
9.3 Commercial Vehicles (CV)

10 Global IoT Fleet Management Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch

12 Company Profiling
12.1 Cisco Systems, Inc.
12.2 Trimble, Inc.
12.3 International Business Machines Corporation (IBM)
12.4 Intel Corporation
12.5 Omnitracs
12.6 AT&T, Inc.
12.7 Verizon Communications, Inc.
12.8 Tomtom International BV
12.9 Telefonica, S.A.
12.10 Sierra Wireless

Know more about our Knowledge Store @ http://www.researchformarkets.com/reports/iot-fleet-management-global-market-5067

About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Our purpose is to serve you, the most customized in-depth Market access data. Our plethora of titles made us one of the most searched market research library across the globe. We work with the most esteemed Publishers around the globe who caters vast industries. We are quick and fragile, when it comes to your various queries, and we ensure our team caters your needs to the best of our abilities, we promise to stay by your side for both pre and post sales servicing, as we believe in long everlasting symbiotic relationship.

Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com

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