Report Detail

Service & Software Global IoT Fleet Management Market Growth (Status and Outlook) 2019-2024

  • RnM2996377
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  • 21 February, 2019
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  • Global
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  • 130 Pages
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  • LPI(LP Information)
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  • Service & Software

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 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.

According to this study, over the next five years the IoT Fleet Management market will register a 22.2% CAGR in terms of revenue, the global market size will reach US$ 12700 million by 2024, from US$ 3810 million in 2019. In particular, this report presents the global revenue market share of key companies in IoT Fleet Management business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of IoT Fleet Management market by product type, application, key companies and key regions.

This study considers the IoT Fleet Management value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Passenger Vehicles
Commercial Vehicles
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Routing Management
Tracking and Monitoring
Fuel Management
Remote Diagnostics
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Trimble
Omnitracs
Fleetmatics (Verizon)
AT&T
IBM
Teletrac Navman
TomTom
Oracle
Intel
Cisco Systems
Sierra Wireless

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global IoT Fleet Management market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of IoT Fleet Management market by identifying its various subsegments.
Focuses on the key global IoT Fleet Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the IoT Fleet Management with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of IoT Fleet Management submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


Table of Contents

    2019-2024 Global IoT Fleet Management Market Report (Status and Outlook)

      1 Scope of the Report

      • 1.1 Market Introduction
      • 1.2 Research Objectives
      • 1.3 Years Considered
      • 1.4 Market Research Methodology
      • 1.5 Economic Indicators
      • 1.6 Currency Considered

      2 Executive Summary

      • 2.1 World Market Overview
        • 2.1.1 Global IoT Fleet Management Market Size 2014-2024
        • 2.1.2 IoT Fleet Management Market Size CAGR by Region
      • 2.2 IoT Fleet Management Segment by Type
        • 2.2.1 Passenger Vehicles
        • 2.2.2 Commercial Vehicles
      • 2.3 IoT Fleet Management Market Size by Type
        • 2.3.1 Global IoT Fleet Management Market Size Market Share by Type (2014-2019)
        • 2.3.2 Global IoT Fleet Management Market Size Growth Rate by Type (2014-2019)
      • 2.4 IoT Fleet Management Segment by Application
        • 2.4.1 Routing Management
        • 2.4.2 Tracking and Monitoring
        • 2.4.3 Fuel Management
        • 2.4.4 Remote Diagnostics
        • 2.4.5 Others
      • 2.5 IoT Fleet Management Market Size by Application
        • 2.5.1 Global IoT Fleet Management Market Size Market Share by Application (2014-2019)
        • 2.5.2 Global IoT Fleet Management Market Size Growth Rate by Application (2014-2019)

      3 Global IoT Fleet Management by Players

      • 3.1 Global IoT Fleet Management Market Size Market Share by Players
        • 3.1.1 Global IoT Fleet Management Market Size by Players (2017-2019)
        • 3.1.2 Global IoT Fleet Management Market Size Market Share by Players (2017-2019)
      • 3.2 Global IoT Fleet Management Key Players Head office and Products Offered
      • 3.3 Market Concentration Rate Analysis
        • 3.3.1 Competition Landscape Analysis
        • 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
      • 3.4 New Products and Potential Entrants
      • 3.5 Mergers & Acquisitions, Expansion

      4 IoT Fleet Management by Regions

      • 4.1 IoT Fleet Management Market Size by Regions
      • 4.2 Americas IoT Fleet Management Market Size Growth
      • 4.3 APAC IoT Fleet Management Market Size Growth
      • 4.4 Europe IoT Fleet Management Market Size Growth
      • 4.5 Middle East & Africa IoT Fleet Management Market Size Growth

      5 Americas

      • 5.1 Americas IoT Fleet Management Market Size by Countries
      • 5.2 Americas IoT Fleet Management Market Size by Type
      • 5.3 Americas IoT Fleet Management Market Size by Application
      • 5.4 United States
      • 5.5 Canada
      • 5.6 Mexico
      • 5.7 Key Economic Indicators of Few Americas Countries

      6 APAC

      • 6.1 APAC IoT Fleet Management Market Size by Countries
      • 6.2 APAC IoT Fleet Management Market Size by Type
      • 6.3 APAC IoT Fleet Management Market Size by Application
      • 6.4 China
      • 6.5 Japan
      • 6.6 Korea
      • 6.7 Southeast Asia
      • 6.8 India
      • 6.9 Australia
      • 6.10 Key Economic Indicators of Few APAC Countries

      7 Europe

      • 7.1 Europe IoT Fleet Management by Countries
      • 7.2 Europe IoT Fleet Management Market Size by Type
      • 7.3 Europe IoT Fleet Management Market Size by Application
      • 7.4 Germany
      • 7.5 France
      • 7.6 UK
      • 7.7 Italy
      • 7.8 Russia
      • 7.9 Spain
      • 7.10 Key Economic Indicators of Few Europe Countries

      8 Middle East & Africa

      • 8.1 Middle East & Africa IoT Fleet Management by Countries
      • 8.2 Middle East & Africa IoT Fleet Management Market Size by Type
      • 8.3 Middle East & Africa IoT Fleet Management Market Size by Application
      • 8.4 Egypt
      • 8.5 South Africa
      • 8.6 Israel
      • 8.7 Turkey
      • 8.8 GCC Countries

      9 Market Drivers, Challenges and Trends

      • 9.1 Market Drivers and Impact
        • 9.1.1 Growing Demand from Key Regions
        • 9.1.2 Growing Demand from Key Applications and Potential Industries
      • 9.2 Market Challenges and Impact
      • 9.3 Market Trends

      10 Global IoT Fleet Management Market Forecast

      • 10.1 Global IoT Fleet Management Market Size Forecast (2019-2024)
      • 10.2 Global IoT Fleet Management Forecast by Regions
        • 10.2.1 Global IoT Fleet Management Forecast by Regions (2019-2024)
        • 10.2.2 Americas Market Forecast
        • 10.2.3 APAC Market Forecast
        • 10.2.4 Europe Market Forecast
        • 10.2.5 Middle East & Africa Market Forecast
      • 10.3 Americas Forecast by Countries
        • 10.3.1 United States Market Forecast
        • 10.3.2 Canada Market Forecast
        • 10.3.3 Mexico Market Forecast
        • 10.3.4 Brazil Market Forecast
      • 10.4 APAC Forecast by Countries
        • 10.4.1 China Market Forecast
        • 10.4.2 Japan Market Forecast
        • 10.4.3 Korea Market Forecast
        • 10.4.4 Southeast Asia Market Forecast
        • 10.4.5 India Market Forecast
        • 10.4.6 Australia Market Forecast
      • 10.5 Europe Forecast by Countries
        • 10.5.1 Germany Market Forecast
        • 10.5.2 France Market Forecast
        • 10.5.3 UK Market Forecast
        • 10.5.4 Italy Market Forecast
        • 10.5.5 Russia Market Forecast
        • 10.5.6 Spain Market Forecast
      • 10.6 Middle East & Africa Forecast by Countries
        • 10.6.1 Egypt Market Forecast
        • 10.6.2 South Africa Market Forecast
        • 10.6.3 Israel Market Forecast
        • 10.6.4 Turkey Market Forecast
        • 10.6.5 GCC Countries Market Forecast
      • 10.7 Global IoT Fleet Management Forecast by Type
      • 10.8 Global IoT Fleet Management Forecast by Application

      11 Key Players Analysis

      • 11.1 Trimble
        • 11.1.1 Company Details
        • 11.1.2 IoT Fleet Management Product Offered
        • 11.1.3 Trimble IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.1.4 Main Business Overview
        • 11.1.5 Trimble News
      • 11.2 Omnitracs
        • 11.2.1 Company Details
        • 11.2.2 IoT Fleet Management Product Offered
        • 11.2.3 Omnitracs IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.2.4 Main Business Overview
        • 11.2.5 Omnitracs News
      • 11.3 Fleetmatics (Verizon)
        • 11.3.1 Company Details
        • 11.3.2 IoT Fleet Management Product Offered
        • 11.3.3 Fleetmatics (Verizon) IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.3.4 Main Business Overview
        • 11.3.5 Fleetmatics (Verizon) News
      • 11.4 AT&T
        • 11.4.1 Company Details
        • 11.4.2 IoT Fleet Management Product Offered
        • 11.4.3 AT&T IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.4.4 Main Business Overview
        • 11.4.5 AT&T News
      • 11.5 IBM
        • 11.5.1 Company Details
        • 11.5.2 IoT Fleet Management Product Offered
        • 11.5.3 IBM IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.5.4 Main Business Overview
        • 11.5.5 IBM News
      • 11.6 Teletrac Navman
        • 11.6.1 Company Details
        • 11.6.2 IoT Fleet Management Product Offered
        • 11.6.3 Teletrac Navman IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.6.4 Main Business Overview
        • 11.6.5 Teletrac Navman News
      • 11.7 TomTom
        • 11.7.1 Company Details
        • 11.7.2 IoT Fleet Management Product Offered
        • 11.7.3 TomTom IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.7.4 Main Business Overview
        • 11.7.5 TomTom News
      • 11.8 Oracle
        • 11.8.1 Company Details
        • 11.8.2 IoT Fleet Management Product Offered
        • 11.8.3 Oracle IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.8.4 Main Business Overview
        • 11.8.5 Oracle News
      • 11.9 Intel
        • 11.9.1 Company Details
        • 11.9.2 IoT Fleet Management Product Offered
        • 11.9.3 Intel IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.9.4 Main Business Overview
        • 11.9.5 Intel News
      • 11.10 Cisco Systems
        • 11.10.1 Company Details
        • 11.10.2 IoT Fleet Management Product Offered
        • 11.10.3 Cisco Systems IoT Fleet Management Revenue, Gross Margin and Market Share (2017-2019)
        • 11.10.4 Main Business Overview
        • 11.10.5 Cisco Systems News
      • 11.11 Sierra Wireless

      12 Research Findings and Conclusion

      Summary:
      Get latest Market Research Reports on IoT Fleet Management . Industry analysis & Market Report on IoT Fleet Management is a syndicated market report, published as Global IoT Fleet Management Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of IoT Fleet Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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