The report “IoT Fleet Management Market by Platform (Device Management, Application Enablement Platform, and Network Management), Services (Professional, Managed), Cloud Deployment (Public, Private, Hybrid), Solutions, Fleet Type, and Region — Global Forecast to 2021”, 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 IoT fleet management market is estimated to grow from USD 3.16 Billion in 2016 to USD 8.28 Billion by 2021, at a CAGR of 21.26% during the forecast period.
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“Routing Management holds the largest share in IoT Fleet Management market”
Routing management accounted for the largest share of the IoT fleet management market, by solutions. The growth of this segment can be attributed to rising global road freight traffic and constant R&D activities to develop innovative products. According to the Road Freight Transport Statistics of European Commission (EC), the road freight transport of European countries increased by 2.2% in 2015, as compared to 2014, and was the highest in the last five years. 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.
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“Managed Services estimated to grow at the highest CAGR during the forecast period”
The managed services segment is expected to dominate the IoT fleet management market, by services, from 2016 to 2021. Managed services not only offer flexibility but also allow multiple function handling efficiently and, hence, reduce the overall operational cost. These also help to provide the desired operation as per the client’s specific needs, resulting in enhanced customer satisfaction. Further, these services allow work allocation as per the expertise and centralization of various applications with the data center. The increasing role of IoT in fleet management along with the integration of IoT is resulting in the increased usage of these services. The difficulty for companies to focus on other support functions other than their core business processes has also increased the significance of managed services.
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some of the key players in IoT fleet management market include AT&T, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Verizon Communications, Inc. (U.S.), TomTom International BV ( Netherlands), Trimble, Inc. (U.S.), IBM Corporation (U.S.), Omnitracs (U.S.), Sierra Wireless (Canada), Intel Corporation (U.S.), and Telefonica S.A. (Spain). AT&T, Inc. has adopted new product development and collaboration strategies to retain its market position. Cisco Systems, Inc. followed the strategies of partnerships and acquisitions to emerge as a prominent player in the market.
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The "Global IoT Fleet Management Market Analysis for 2025" may be a professional and in-depth study of the industry with a special specialise in global market analysis .
This report provides key statistics on the market status of key market players and provides key trends and opportunities within the market.Key Player Mentioned: Trimble, Omnitracs, AT, IBM, Teletrac Navman, TomTom, Oracle, Intel, Cisco Systems, Fleetmatics (Verizon), Sierra WirelessRequest Sample Copy @t: https://introspectivemarketresearch.com/request-samples.php?_id=10&_sid=1483The drivers of the IoT Fleet Management Market are all external factors that are expected to contribute to growth.
This includes data from various industries that are expected to extend demand and opportunities for future products.
this may help readers understand the trajectory of the market to form the proper investments and make better business decisions.Product Segment Analysis: Passenger Vehicles, Commercial VehiclesApplication Segment Analysis: Routing Management, Tracking and Monitoring, Fuel Management, Remote DiagnosticsRegional Segment Analysis: USA, Europe, Japan, China, India, South East AsiaThe qualitative and qualitative details associated with the key elements of the market also provide an in-depth overview of the most macro and micro economic factors which will provides a company a competitive advantage.
This report provides a radical analysis of the past and current state of the market, and provides a future outlook on how the market evolves over time, with current data, trends, competition and regulatory frameworks.Ask For Discount @t: https://introspectivemarketresearch.com/ask-for-discount.php?_id=10&_sid=1483This IoT Fleet Management Market report expects market coverage to evolve over a period when annual average growth is predicted to rise significantly.
the target of the marketing research report is that the current state of the market and is split into several parts accordingly.
Report on World IoT Fleet Management Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc) by DecisionDatabases.com.IoT Fleet Management market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/44832-world-iot-fleet-management-market-reportThe Players mentioned in our reportTrimbleOmnitracsATIBMTeletrac NavmanTomTomOracleIntelCisco SystemsFleetmatics (Verizon)Sierra WirelessGlobal IoT Fleet Management Market: Product Segment AnalysisPassenger VehiclesCommercial VehiclesGlobal IoT Fleet Management Market: Application Segment AnalysisRouting ManagementTracking and MonitoringFuel ManagementRemote DiagnosticsGlobal IoT Fleet Management Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World IoT Fleet Management Market @ https://www.decisiondatabases.com/contact/download-sample-44832There are 10 Chapters to deeply display the World IoT Fleet Management market.Chapter 1 About the IoT Fleet Management IndustryChapter 2 World Market Competition LandscapeChapter 3 World IoT Fleet Management Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World IoT Fleet Management Market Forecast through 2024Chapter 10 Key success factors and Market OverviewPurchase the complete World IoT Fleet Management Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-44832Other Reports by DecisionDatabases.com:World Visitor Management Systems Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
According to the market research report IoT Fleet Management Market by Platform (Device Management, Application Enablement Platform, and Network Management), Services (Professional, Managed), Cloud Deployment (Public, Private, Hybrid), Solutions, Fleet Type, and Region - Global Forecast to 2021.
The growth of this segment can be attributed to rising global road freight traffic and constant R activities to develop innovative products.
The difficulty for companies to focus on other support functions other than their core business processes has also increased the significance of managed services.Request for sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=246122062“The Americas region was expected to lead the IoT fleet management market in 2016”The Americas region is expected to hold the largest share in the IoT fleet management market.
For instance, according to the U.S. Bureau of Transportation Statistics, the number of fleet vehicles includes vans, SUVs, and trucks had increased from 11,550 thousand units in 2010 to 12,276 thousand units in 2015.
Also, some of the Original Equipment Manufacturers (OEM) in this region such as Volvo Trucks and Daimler Trucks North America, LLC started offering telematics solutions either independently or in partnership with fleet solution providers.
Further, in 2015, Daimler Trucks had successfully completed the testing of truck platooning concept.
The latest trending report Global IoT Fleet Management Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The IoT Fleet Management market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global IoT Fleet Management market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 20.1%% in the forecast period of 2020 to 2025 and will expected to reach USD 12140 million by 2025, from USD 5833.9 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29116-iot-fleet-management-market-analysis-reportThe major players covered in IoT Fleet Management are:TrimbleOracleATOmnitracsTomTomFleetmatics (Verizon)Cisco SystemsTeletrac NavmanIBMIntelSierra WirelessBy Type, IoT Fleet Management market has been segmented into:Passenger VehiclesCommercial VehiclesBy Application, IoT Fleet Management has been segmented into:Routing ManagementTracking and MonitoringFuel ManagementRemote DiagnosticsOthersThe report offers in-depth assessment of the growth and other aspects of the IoT Fleet Management market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global IoT Fleet Management Market @ https://www.decisiondatabases.com/contact/download-sample-29116There are 14 Chapters to deeply display the global IoT Fleet Management market.1 IoT Fleet Management Market Overview2 Company Profiles3 Global IoT Fleet Management Market Competition, by Players4 Global IoT Fleet Management Market Size by Regions5 North America IoT Fleet Management Revenue by Countries6 Europe IoT Fleet Management Revenue by Countries7 Asia-Pacific IoT Fleet Management Revenue by Countries8 South America IoT Fleet Management Revenue by Countries9 Middle East and Africa Revenue IoT Fleet Management by Countries10 Global IoT Fleet Management Market Segment by Type11 Global IoT Fleet Management Market Segment by Application12 Global IoT Fleet Management Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global IoT Fleet Management Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29116Other Reports by DecisionDatabases.com:Global Fleet Management System Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global IoT for Finance Market 2020 by Company, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
