IoT Fleet Management Market 2020 Industry Analysis, Forthcoming Growth, Industry Prospects and Forecast to 2026

(The Express Wire via Comtex)

2020 Global IoT Fleet Management Market size minor and mid-size players’ expert in this IoT Fleet Management market which strengthens competition and thus poses a challenge to big players and new entrants.In demand to growth their IoT Fleet Management market share, mid-size and minor players are continuously upgrading existing products and launching new ones, while the big players are getting small firms to expand and support their product collections.IoT Fleet Management market Comprehensive industry standard and deep dive analysis.

Global "IoT Fleet ManagementMarket ” 2020 with the advantage of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis. This report covers factors impacting the market, IoT Fleet Management Market Share Analysis, Priceanalysis, and company profiles. Recognize profitable opportunities by analyzing trends and co-development deals.

Final Report will add the analysis of the impact of COVID-19 on this industry.

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IoT Fleet Management Market report also tracks the most recent market dynamics, like driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. The report provides the market share, market size (volume and value), rate of growth by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in several regions or countries.

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Short Description about IoT Fleet Management Market Report 2020-2026 -

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 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.

Market Analysis and Insights: Global IoT Fleet Management Market

In 2019, the global IoT Fleet Management market size was USD 5669.8 million and it is expected to reach USD 21830 million by the end of 2026, with a CAGR of 21.0% during 2021-2026.

Global IoT Fleet Management Scope and Market Size

IoT Fleet Management market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global IoT Fleet Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the IoT Fleet Management market is segmented into Passenger Vehicles, Commercial Vehicles, etc.

Segment by Application, the IoT Fleet Management market is segmented into Routing Management, Tracking and Monitoring, Fuel Management, Remote Diagnostics, Others, etc.

Regional and Country-level Analysis

The IoT Fleet Management market is analysed and market size information is provided by regions (countries).

The key regions covered in the IoT Fleet Management market report are North America, Europe, China, Japan, Southeast Asia, India and Central and South America, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape and IoT Fleet Management Market Share Analysis

IoT Fleet Management market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in IoT Fleet Management business, the date to enter into the IoT Fleet Management market, IoT Fleet Management product introduction, recent developments, etc.

The major vendors include Trimble, Omnitracs, Fleetmatics (Verizon), ATandT, IBM, Teletrac Navman, TomTom, Oracle, Intel, Cisco Systems, Sierra Wireless, etc.

This report focuses on the global IoT Fleet Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT Fleet Management development in North America, Europe, China, Japan, Southeast Asia, India and Central and South America.

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List of TOP KEY PLAYERS in IoT Fleet Management Market Report are:

  • Trimble
  • Omnitracs
  • Fleetmatics (Verizon)
  • ATandT
  • IBM
  • Teletrac Navman
  • TomTom
  • Oracle
  • Intel
  • Cisco Systems
  • Sierra Wireless

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A holistic research of the marketis formedby consideringa spreadof things, from demographics conditions and business cyclesduring aparticular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantageand therefore thecompetitive landscape of major players. Downstream demand analysis and upstream raw materials and equipment additionally administer. With tables and figures helping analyze worldwide Global IoT Fleet Management Market Forecast this research provides key statistics on the state of the industry and should be a valuable source of guidance and direction for companies and individuals interested in the market.

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On the thought of the product, this report displays the assembly, revenue, price, market share and rate of growth of each type, primarily split into

  • Passenger Vehicles
  • Commercial Vehicles

On the thought of the highest users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and rate of growth for each application, including

  • Routing Management
  • Tracking and Monitoring
  • Fuel Management
  • Remote Diagnostics
  • Others

Major regions covered within the report:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East Africa

The global IoT Fleet Management market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2026. In 2020, the market was growing at a mild rate and with the rising adoption of strategies by key players, the market is predicted to rise over the projected horizon. The report also tracks the most recent market dynamics, like driving factors, restraining factors, and industry news like mergers, acquisitions, and investments.

The report can help to know the market and strategize for business expansion accordingly. Within the strategy analysis, it gives insights from market positioning and marketing channel to potential growth strategies, providing in-depth analysis for brand fresh entrants or exists competitors within the IoT Fleet Management industry. Global IoT Fleet Management Market Report 2020 provides exclusive statistics, data, information, trends and competitive landscape details during this niche sector.

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Major Points from Table of Contents:

1ReportOverview

1.1StudyScope

1.2KeyMarketSegments

1.3PlayersCovered:RankingbyIoT Fleet ManagementRevenue

1.4MarketAnalysisbyType

1.5MarketbyApplication

1.6StudyObjectives

1.7YearsConsidered

2GlobalGrowthTrendsbyRegions

2.1IoT Fleet ManagementMarketPerspective(2015-2026)

2.2IoT Fleet ManagementGrowthTrendsbyRegions

2.3IndustryTrendsandGrowthStrategy

3CompetitionLandscapebyKeyPlayers

3.1GlobalTopIoT Fleet ManagementPlayersbyMarketSize

3.2GlobalIoT Fleet ManagementMarketConcentrationRatio

3.3IoT Fleet ManagementKeyPlayersHeadofficeandAreaServed

3.4KeyPlayersIoT Fleet ManagementProductSolutionandService

3.5DateofEnterintoIoT Fleet ManagementMarket

3.6MergersandAcquisitions,ExpansionPlans

4BreakdownDatabyType(2015-2026)

4.1GlobalIoT Fleet ManagementHistoricMarketSizebyType(2015-2020)

4.2GlobalIoT Fleet ManagementForecastedMarketSizebyType(2021-2026)

5IoT Fleet ManagementBreakdownDatabyApplication(2015-2026)

5.1GlobalIoT Fleet ManagementMarketSizebyApplication(2015-2020)

5.2GlobalIoT Fleet ManagementForecastedMarketSizebyApplication(2021-2026)

6NorthAmerica

6.1NorthAmericaIoT Fleet ManagementMarketSize(2015-2020)

6.2IoT Fleet ManagementKeyPlayersinNorthAmerica(2019-2020)

6.3NorthAmericaIoT Fleet ManagementMarketSizebyType(2015-2020)

6.4NorthAmericaIoT Fleet ManagementMarketSizebyApplication(2015-2020)

7Europe

8China

9Japan

10SoutheastAsia

11India

12CentralandSouthAmerica

13KeyPlayersProfiles

13.1Company 1

13.1.1Company 1CompanyDetails

13.1.2Company 1BusinessOverviewandItsTotalRevenue

13.1.3Company 1IoT Fleet ManagementIntroduction

13.1.4Company 1RevenueinIoT Fleet ManagementBusiness(2015-2020))

13.1.5Company 1RecentDevelopment and Many more

Contact Us:

Name:Mr. Ajay More

Email:[email protected]

Organization:360 Market Updates

Phone:+14242530807 / + 44 20 3239 8187

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