Global Market for IoT Fleet Management to Surge at a Steady Pace Over 2025


Albany, New York, October 30, 2017: A research report titled “IoT Fleet Management Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has been recently added to the online database of MRRSE. The report finds that the increasing demand for data management and fleet safety coupled with rising urgency to reduce the overall cost of ownership (TCO) and attain fuel efficiency are projected to boost the adoption of IoT solutions in fleet management systems. In the report, the global market for IoT fleet management has been segmented into application, fleet type, cloud type and geographies.

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Global Market for IoT Fleet Management: Key Trends & Opportunities

The key factor that is propelling the expansion of the global IoT flee management market is surging necessity of operational efficiency. The companies that provide logistic services have various connectivity option such as mobile phones and GPS sensors, the IoT remains the best option. Moreover, IoT offers additional advantages such driver and vehicle tracking, load management and scheduling effective routing. Further, IoT also provisions better protection from unauthorized use and theft. Fact as such are expected play an important role in driving the growth of the market in the forthcoming years.

Rapid development of deployment of fog layer and cloud computing analytics is boosting the adoption of IoT in fleet management and creating wider opportunities for market players. In addition, emerging market such as Latin America, the Middle East and Africa (MEA) and Asia Pacific are also exhibiting tremendous growth opportunities for market participants. Nonetheless, growing concerns over drive privacy and low awareness about IoT remains a major challenge for the market.

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The leading companies that are functioning in the global market for IoT fleet management have been analyzed comprehensively in the report. The report also offers in-depth understanding of the geographical presence of each market play profiled in it. The competitive analysis of the these companies also includes updates on the key developments with regards to IoT fleet management as well as the unique business strategies implemented by the companies.

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Further, the report also provides a comprehensive SWOT analysis of all the market players covered along with their current status in the global market. In the report, the reader will also gain excess to information about market attractiveness of cloud type segment, which provides an insightful data on most promising cloud type. The overall dynamics of the global market for IoT fleet management have also been studied exhaustively for the scope of the research, which include restrains, growth drivers, opportunities and key trends. This report offers a descriptive and through analysis of the global market for IoT fleet management along with analysis on market revenue and forecast (2017-2025).

Some of the prominent companies operating in the global market for IoT fleet management include Omnitracs LLC, IBM Corporation, Intel Corporation, Oracle Corporation, TomTom International BV, Trimble Inc. AT&T, Inc., Verizon Communications, Inc., Cisco Systems, Inc., and Sierra Wireless among others.

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