IoT Fleet Management Market 2020 Growing Rapidly with Modern Trends, Development Strategy, Business Prospect, Revenue, Demand and Forecast to 2024, Says Industry Research Biz
Global “IoT Fleet Management Market” Research Report 2020–2024 is a historical overview and in-depth study on the current & future market of the IoT Fleet Management industry. The report represents a basic overview of the IoT Fleet Management market size, status, competitor segment with a basic introduction of key vendors, top regions, product types and end industries. This report gives a historical overview of the IoT Fleet Management market trends, growth, revenue, capacity, cost structure, and key driver’s analysis.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
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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.
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Scope of the Global IoT Fleet Management Market Report:
- 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 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.
- 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.
- The global IoT Fleet Management market is valued at 3810 million USD in 2018 and is expected to reach 12700 million USD by the end of 2024, growing at a CAGR of 22.2% between 2019 and 2024.
- The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
- North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of IoT Fleet Management.
- Europe also play important roles in global market, with market size to rise at a considerable rate during the forecast period, between 2019 and 2024.
- This report studies the IoT Fleet Management market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the IoT Fleet Management market by product type and applications/end industries.
IoT Fleet Management market is split by Type and by Application. For the period 2014–2024, the IoT Fleet Management market growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Global IoT Fleet Management market competition by TOP MANUFACTURERS, with production, price, revenue (value) and each manufacturer including
- Trimble
- Omnitracs
- Fleetmatics (Verizon)
- AT&T
- IBM
- Teletrac Navman
- TomTom
- Oracle
- Intel
- Cisco Systems
- Sierra Wireless
Among other players domestic and global, IoT Fleet Management market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. The analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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This report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Passenger Vehicles
- Commercial Vehicles
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Routing Management
- Tracking and Monitoring
- Fuel Management
- Remote Diagnostics
- Others
Global IoT Fleet Management Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global IoT Fleet Management market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
The content of the study subjects, includes a total of 15 chapters:
- Chapter 1, to describe IoT Fleet Management product scope, market overview, market opportunities, market driving force and market risks.
- Chapter 2, to profile the top manufacturers of IoT Fleet Management, with price, sales, revenue and global market share of IoT Fleet Management in 2017 and 2018.
- Chapter 3, the IoT Fleet Management competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
- Chapter 4, the IoT Fleet Management breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
- Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
- Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
- Chapter 12, IoT Fleet Management market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
- Chapter 13, 14 and 15, to describe IoT Fleet Management sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Some of the key questions answered in this report:
- What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
- Which are the key factors driving the IoT Fleet Management market?
- What was the size of the emerging IoT Fleet Management market by value in 2018?
- What will be the size of the emerging IoT Fleet Management market in 2024?
- Which region is expected to hold the highest market share in the IoT Fleet Management market?
- What trends, challenges and barriers will impact the development and sizing of the Global IoT Fleet Management market?
- What are sales volume, revenue, and price analysis of top manufacturers of IoT Fleet Management market?
- What are the IoT Fleet Management market opportunities and threats faced by the vendors in the global IoT Fleet Management Industry?
With tables and figures helping analyze worldwide Global IoT Fleet Management market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Major Points from TOC:
1 Market Overview
1.1 IoT Fleet Management Introduction
1.2 Market Analysis by Type
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.2.4 Others
1.3 Market Analysis by Applications
1.3.1 Application 1
1.3.2 Applications 2
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.4 South America, Middle East and Africa
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Manufacturer 1
2.1.1 Business Overview
2.1.2 IoT Fleet Management Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Manufacturer 1 IoT Fleet Management Sales, Price, Revenue, Gross Margin and Market Share (2017–2018)
2.2 Manufacturer 2
2.2.1 Business Overview
2.2.2 IoT Fleet Management Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Manufacturer 2 IoT Fleet Management Sales, Price, Revenue, Gross Margin and Market Share (2017–2018)
2.3 Manufacturer 3
2.3.1 Business Overview
2.3.2 IoT Fleet Management Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Manufacturer 3 IoT Fleet Management Sales, Price, Revenue, Gross Margin and Market Share (2017–2018)
2.4 Manufacturer 4
2.4.1 Business Overview
2.4.2 IoT Fleet Management Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Manufacturer 4 IoT Fleet Management Sales, Price, Revenue, Gross Margin and Market Share (2017–2018)
2.5 Manufacturer 5
2.5.1 Business Overview
2.5.2 IoT Fleet Management Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Manufacturer 5 IoT Fleet Management Sales, Price, Revenue, Gross Margin and Market Share (2017–2018)
……………………………………………………………….
3 Global IoT Fleet Management Sales, Revenue, Market Share and Competition by Manufacturer (2017–2018)
3.1 Global IoT Fleet Management and Market Share by Manufacturer (2017–2018)
3.2 Global IoT Fleet Management Revenue and Market Share by Manufacturer (2017–2018)
3.3 Market Concentration Rate
3.3.1 Top 3 IoT Fleet Management Manufacturer Market Share in 2018
3.3.2 Top 6 IoT Fleet Management Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global IoT Fleet Management Market Analysis by Regions
4.1 Global IoT Fleet Management Sales, Revenue and Market Share by Regions
4.1.1 Global IoT Fleet Management and Market Share by Regions (2014–2019)
4.1.2 Global IoT Fleet Management Revenue and Market Share by Regions (2014–2019)
4.2 North America IoT Fleet Management Sales and Growth Rate (2014–2019)
4.3 Europe IoT Fleet Management Sales and Growth Rate (2014–2019)
4.4 Asia-Pacific IoT Fleet Management Sales and Growth Rate (2014–2019)
4.5 South America IoT Fleet Management Sales and Growth Rate (2014–2019)
4.6 Middle East and Africa IoT Fleet Management Sales and Growth Rate (2014–2019)
5 North America IoT Fleet Management by Country
6 Europe IoT Fleet Management by Country
7 Asia-Pacific IoT Fleet Management by Country
8 South America IoT Fleet Management by Country
9 Middle East and Africa IoT Fleet Management by Countries
10 Global IoT Fleet Management Market Segment by Type
11 Global IoT Fleet Management Market Segment by Application
12 IoT Fleet Management Market Forecast (2019–2024)
13 Channel, Distributors, Traders and Dealers
Continued……………………..
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