c

IoT Fleet Management Business and Market 2019 Outlook with Trends, Types, Applications and Key Players

In 2018, the global IoT Fleet Management market size was 3810 million US$ and it is expected to reach 17500 million US$ by the end of 2025, with a CAGR of 21.0% during 2019-2025.

Dublin, United States - March 15, 2019 /MarketersMedia/ —

The key factor propelling the development of IoT fleet management market is the integration of smart devices with vehicles. The advent of the IoT has helped automobiles to connect with smart devices seamlessly, thereby enabling emergency roadside assistance and real-time traffic alerts. The incorporation of IoT with fleet management assists in fuel management, remote diagnostics, routing management, fleet analytics, vehicle maintenance, monitoring and tracking, cost-and time-saving, drive time analysis, and even satisfies the requirements of the client. The rising implementation of smart devices by transportation industries is anticipated to boost the development of the IoT fleet management market over the forecast period.

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.

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.

Download Sample of This Premium Report at https://www.inforgrowth.com/samplerequest/iot-fleet-management-market

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.
Key Players covered in this report are Trimble, Omnitracs, Fleetmatics (Verizon), AT&T, IBM, Teletrac Navman, TomTom, Oracle, Intel, Cisco Systems, Sierra Wireless.

Report analysed by applications like Routing Management, Tracking and Monitoring, Fuel Management, Remote Diagnostics, Others. Then report is analysed on the basis of product Passenger Vehicles, Commercial Vehicles.

Likewise, the growing participation of government by integrating regulations on fleet security and safety is anticipated to boost the development of the IoT fleet management market. But, the lack of IoT infrastructure in emerging countries may hinder the development of the market. The lack of technically knowledgeable workforce and poor internet connectivity are some other aspects that can negatively affect the development of the market during the forecast period. The growing collaboration and partnerships among the major players in the IoT fleet management market are anticipated to create huge opportunities for the market globally.

Ask for Custom Requirements or Queries about this Report at https://www.inforgrowth.com/customizationrequest/iot-fleet-management-market

The IoT Fleet Management Market report provides key statistics on the market status of the IoT Fleet Management manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Major Points Covered in Table of Contents:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
6 North America
7 Europe
8 Asia Pacific
9 Central & South America
10 Middle East and Africa
11 Company Profiles
12 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13 Value Chain and Sales Channels Analysis
14 Research Findings and Conclusion
15 Appendix

About InForGrowth:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At InForGrowth, we understand Research requirements and help a client in taking informed business critical decisions. Given the complexities and interdependencies of market-intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for a more simplified and relevant research.

Contact Info:
Name: Rohan
Email: Send Email
Organization: inforgrowth
Address: 6400 Village Pkwy suite # 104, Dublin, CA 94568, USA
Phone: +1-909-329-2808
Website: http://www.inforgrowth.com

Source URL: https://marketersmedia.com/iot-fleet-management-business-and-market-2019-outlook-with-trends-types-applications-and-key-players/492863

Source: MarketersMedia

Release ID: 492863

Latest News

New-look Tour Championship approved for world ranking points

Apr 18, 2019

AUGUSTA, Ga. — The player who takes the fewest strokes might not win the Tour Championship because of the radical scoring change for the FedEx Cup in which the top seed will start at 10-under par with a two-shot advantage. The PGA Tour will continue to keep a traditional score, even if it won't be published, so that world ranking points can be awarded. The Official World Golf Ranking board met last week at the Masters and approved a PGA Tour proposal that awards full ranking points based on where players would have finished without the staggered start. The No....

Tiger a major champion again, and race to Nicklaus back on

Apr 18, 2019

AUGUSTA, Ga. — No comeback by Tiger Woods was ever going to be complete without a major. Now the question becomes how many more he can win. So much appeal of that red shirt beneath a green jacket involved looking back at all Woods had to overcome to reach that moment — a Masters champion once again — that so many thought would never happen. The fourth surgery to rebuild his left knee. The private affairs that became public, shattering his image. The balky back that required four more surgeries, the last one out of desperation because he could barely...

Liz Weston: 5 travel rewards myths that could cost you

Apr 18, 2019

Twenty-four years ago, I knew so little about travel rewards that I took an around-the-world trip without signing up for a single frequent traveler program. Those lost points and miles still haunt me. Fast forward to last summer, when our family stayed two nights at a luxury hotel in Venice, Italy. Our room would have cost an eye-popping €1,500, or about $1,700, per night. Thanks to the points I'd accumulated using a travel rewards credit card, this over-the-top stay was free. There's definitely a learning curve involved when it comes to travel rewards, but delaying your education can be costly...

Tiger Woods makes Masters his 15th and most improbable major

Apr 18, 2019

AUGUSTA, Ga. — Tiger Woods blazing to victory in his Sunday red at the Masters, a scene once so familiar, was never more stunning. It was only two years ago at Augusta National that Woods needed a nerve block just to hobble upstairs to the Champions Dinner, unsure he would ever play another round of golf. He had a fourth back surgery with hopes of simply playing with his two children, not chasing Jack Nicklaus in history. And now it's all pieced back together — his life, his back, even golf. A fallen hero, a crippled star, Woods is a...

Masters Latest: Tiger caps comeback with 15th major title

Apr 18, 2019

AUGUSTA, Ga. — The Latest on the final round Sunday at the Masters (all times local): 2:25 p.m. The comeback is complete. Tiger Woods has his fifth Masters title. The 43-year-old Woods shot a 2-under 70 for one-stroke victory Sunday and his 15th major championship. But it was his first since the 2008 U.S. Open, capping a remarkable recovery from debilitating injuries and embarrassing personal problems. Woods showed he still had the game to compete with the world's best when he triumphed in last year's Tour Championship, his first victory of any kind since 2013. Now, he's back on top...

Search
Broaden News

5 Stars Discovery brings you to the stories from people around the world sharing on the finest luxury resorts, high-end city hotels, and exclusive hideaway to make sure you’ll get the premium experience.

Contact us: sales@starsdiscovery.com