Rising Popularity of Internet Of Things (IoT) Fleet Management Market – Analysis by Key Provinces, Manufacturing Technology and Development Forecast 2025

Internet services and upcoming wireless digital technologies is improving management of vehicles. It makes the management system more efficient by features such as vehicular route tracking, fuel management, cost control, safety management, time management, fleet sustainability and proper navigation.

The increase in development of smartphones, internet services and digital software is the primary factors resulting in development of the fleet market.

According to a new report published by Reports Monitor titled, “ Global Internet Of Things (IoT) Fleet Management Market , Growth Opportunities, Innovations and Forecast, 2018-2025,” the Internet Of Things (IoT) Fleet Management Market  was valued at XX million in 2018, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.

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The increasing developments in internet of things services are influencing the growth of the fleet management market. Internet of Things benefits the fleet management systems by making them more efficient and reliable. IoT provides advantages such as efficient vehicular route tracking and navigation, cost effectiveness, safety and time management and vehicular sustainability. 

The increasing demand for vehicular safety, need for productivity, minimization of risk factors and well organized and easy communication between vehicles are factors fuelling market growth. The ever increasing number of vehicles is growing the demand for such technologies. The progress in wireless digital technologies is benefitting market growth. Oracle offers IoT fleet monitoring cloud which helps to keep track and locate vehicles in transit. Concerns such as increasing cost due to implementation of IoT systems and services are affecting market growth. Lack of awareness among underdeveloped nations may affect the global market. 

The Internet of Things Fleet Management market research report provides key insights on the growth opportunities of this market based on regions, applications and upcoming technologies. It includes detailed analysis of the current market situations such as market size, upcoming developments and investments. Major advancements and key strategies of major companies such as mergers and acquisitions, value chain analysis and swot analysis have also been included in this report. The report has been composed by carrying out in-depth analysis of both primary and secondary data sources. 

The global Internet of Things fleet management market is bifurcated into segments such as vehicle type, application area and solution. In terms of the vehicle type we have taxicabs, cars, buses and trucks. In the application area they are mainly used with commercial vehicles and passenger cars. On the basis of solution the market is segmented into fuel management, fleet analytics, GPS tracking and monitoring, remote diagnostics, vehicle maintenance, route planning and many others. Omnitracs’ Fault Monitoring monitors vehicle diagnostics and informs the driver if any fault occurs. 

North America is having dominance in this market owing to factors such as higher number of fleet management companies, higher vehicle sales rate and rising digitization in all sectors. The marketing analysis has taken place across regions North America, Europe, Asia Pacific (APAC) and Latin America, Middle East and Africa.

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The key players in this market are: AT&T Inc., Intel Corporation, Cisco Systems, Trimble Inc., Fleetmatics, International Business Machines Corporation, Oracle Corporation, Sierra Wireless, Tom Tom International BV, Omnitracs and Telefonica S.A.   

The study for Internet of Things (IoT) Fleet Management Market will provide market size, estimates and forecast based on the following years: 

Historic data: 2015  Base Year Estimate: 2016  Forecast: 2018 to 2025 

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.  

Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

1. Introduction

1.1. Market Definition

1.2. Market Scope 

2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions 

3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. IoT Fleet Management- Value Chain Analysis

3.3. Key Market Trend Analysis

3.3.1. Market Drivers

3.3.2. Market Restraint/Challenges

3.3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Potential Venture Avenues

3.6. Market Share Analysis, 2016

3.7. Market Overview 

4. Segmentation Overview

4.1. Introduction

4.2. Market Size & Forecast, 2015 to 2025

4.2.1. By Type Taxicabs  Cars  buses  trucks

4.2.2. By Application Commercial vehicles  Passenger vehicles.

4.2.3. By Solution Fleet Analytics  GPS tracking and monitoring  Remote Diagnostics Fuel Management  Vehicle Maintenance  Route Planning  Others

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

5. Regional Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. North America U.S. Canada Mexico

5.2.2. Europe UK Germany France Italy Spain Rest of Europe

5.2.3. Asia Pacific China India Japan Australia South Korea Rest of Asia Pacific

5.2.4. LAMEA Brazil UAE South Africa Rest of LAMEA

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

6. Manufacturer/ Vendor Profile

6.1. The following attributes will be considered while profiling key manufacturers in this industry:

6.1.1. Company Overview

6.1.2. Financial Synopsis

6.1.3. Recent Developments

6.1.4. R&D Investments (if any)

6.1.5. Strategy Overview (Analyst Perspective)

6.1.6. Product Portfolio

6.2. Companies Profiled

6.2.1.  AT&T Inc.

6.2.2.  Intel Corporation

6.2.3.  Cisco Systems

6.2.4.  Trimble Inc.

6.2.5.  Fleetmatics

6.2.6.  International Business Machines Corporation

6.2.7.  Oracle Corporation

6.2.8.  Sierra Wireless

6.2.9.  Tom Tom International BV

6.2.10.  Omnitracs

6.2.11.  Telefonica S.A

(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.)

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