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Global IoT Fleet Management Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 104 pages | ID: GB516F79E4BDEN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global IoT Fleet Management market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global IoT Fleet Management main players are Trimble, Omnitracs, Fleetmatics (Verizon), AT&T, etc. Top four companies hold a share above 45%. North America is the largest market, with a share about 35%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for IoT Fleet Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Fleet Management.

The IoT Fleet Management market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT Fleet Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Trimble
  • Omnitracs
  • Fleetmatics (Verizon)
  • AT&T
  • IBM
  • Teletrac Navman
  • TomTom
  • Oracle
  • Intel
  • Cisco Systems
  • Sierra Wireless
IoT Fleet Management segment by Type
  • Passenger Vehicles
  • Commercial Vehicles
IoT Fleet Management segment by Application
  • Routing Management
  • Tracking and Monitoring
  • Fuel Management
  • Remote Diagnostics
  • Others
IoT Fleet Management Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global IoT Fleet Management market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of IoT Fleet Management and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of IoT Fleet Management.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of IoT Fleet Management companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global IoT Fleet Management Market Size Overview by Region 2019 VS 2023 VS 2030
1.4 Global IoT Fleet Management Market Size by Region (2019-2030)
  1.4.1 Global IoT Fleet Management Market Size by Region (2019-2024)
  1.4.2 Global IoT Fleet Management Market Size by Region (2025-2030)
1.5 Key Regions IoT Fleet Management Market Size (2019-2030)
  1.5.1 North America IoT Fleet Management Market Size Growth Rate (2019-2030)
  1.5.2 Europe IoT Fleet Management Market Size Growth Rate (2019-2030)
  1.5.3 Asia-Pacific IoT Fleet Management Market Size Growth Rate (2019-2030)
  1.5.4 Latin America IoT Fleet Management Market Size Growth Rate (2019-2030)
  1.5.5 Middle East & Africa IoT Fleet Management Market Size Growth Rate (2019-2030)

2 IOT FLEET MANAGEMENT MARKET BY TYPE

2.1 Type Introduction
  2.1.1 Passenger Vehicles
  2.1.2 Commercial Vehicles
2.2 Global IoT Fleet Management Market Size by Type
  2.2.1 Global IoT Fleet Management Market Size Overview by Type (2019-2030)
  2.2.2 Global IoT Fleet Management Historic Market Size Review by Type (2019-2024)
  2.2.3 Global IoT Fleet Management Market Size Forecasted by Type (2025-2030)
2.3 Global IoT Fleet Management Market Size by Regions
  2.3.1 North America IoT Fleet Management Market Size Breakdown by Type (2019-2024)
  2.3.2 Europe IoT Fleet Management Market Size Breakdown by Type (2019-2024)
  2.3.3 Asia-Pacific IoT Fleet Management Market Size Breakdown by Type (2019-2024)
  2.3.4 Latin America IoT Fleet Management Market Size Breakdown by Type (2019-2024)
  2.3.5 Middle East and Africa IoT Fleet Management Market Size Breakdown by Type (2019-2024)

3 IOT FLEET MANAGEMENT MARKET BY APPLICATION

3.1 Type Introduction
  3.1.1 Routing Management
  3.1.2 Tracking and Monitoring
  3.1.3 Fuel Management
  3.1.4 Remote Diagnostics
  3.1.5 Others
3.2 Global IoT Fleet Management Market Size by Application
  3.2.1 Global IoT Fleet Management Market Size Overview by Application (2019-2030)
  3.2.2 Global IoT Fleet Management Historic Market Size Review by Application (2019-2024)
  3.2.3 Global IoT Fleet Management Market Size Forecasted by Application (2025-2030)
3.3 Global IoT Fleet Management Market Size by Regions
  3.3.1 North America IoT Fleet Management Market Size Breakdown by Application (2019-2024)
  3.3.2 Europe IoT Fleet Management Market Size Breakdown by Application (2019-2024)
  3.3.3 Asia-Pacific IoT Fleet Management Market Size Breakdown by Application (2019-2024)
  3.3.4 Latin America IoT Fleet Management Market Size Breakdown by Application (2019-2024)
  3.3.5 Middle East and Africa IoT Fleet Management Market Size Breakdown by Application (2019-2024)

4 GLOBAL MARKET DYNAMICS

4.1 IoT Fleet Management Industry Trends
4.2 IoT Fleet Management Industry Drivers
4.3 IoT Fleet Management Industry Opportunities and Challenges
4.4 IoT Fleet Management Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by IoT Fleet Management Revenue (2019-2024)
5.2 Global IoT Fleet Management Industry Company Ranking, 2022 VS 2023 VS 2024
5.3 Global IoT Fleet Management Key Company Headquarters & Area Served
5.4 Global IoT Fleet Management Company, Product Type & Application
5.5 Global IoT Fleet Management Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global IoT Fleet Management Market CR5 and HHI
  5.6.2 Global Top 5 and 10 IoT Fleet Management Players Market Share by Revenue in 2023
  5.6.3 2023 IoT Fleet Management Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 Trimble
  6.1.1 Trimble Comapny Information
  6.1.2 Trimble Business Overview
  6.1.3 Trimble IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.1.4 Trimble IoT Fleet Management Product Portfolio
  6.1.5 Trimble Recent Developments
6.2 Omnitracs
  6.2.1 Omnitracs Comapny Information
  6.2.2 Omnitracs Business Overview
  6.2.3 Omnitracs IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.2.4 Omnitracs IoT Fleet Management Product Portfolio
  6.2.5 Omnitracs Recent Developments
6.3 Fleetmatics (Verizon)
  6.3.1 Fleetmatics (Verizon) Comapny Information
  6.3.2 Fleetmatics (Verizon) Business Overview
  6.3.3 Fleetmatics (Verizon) IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.3.4 Fleetmatics (Verizon) IoT Fleet Management Product Portfolio
  6.3.5 Fleetmatics (Verizon) Recent Developments
6.4 AT&T
  6.4.1 AT&T Comapny Information
  6.4.2 AT&T Business Overview
  6.4.3 AT&T IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.4.4 AT&T IoT Fleet Management Product Portfolio
  6.4.5 AT&T Recent Developments
6.5 IBM
  6.5.1 IBM Comapny Information
  6.5.2 IBM Business Overview
  6.5.3 IBM IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.5.4 IBM IoT Fleet Management Product Portfolio
  6.5.5 IBM Recent Developments
6.6 Teletrac Navman
  6.6.1 Teletrac Navman Comapny Information
  6.6.2 Teletrac Navman Business Overview
  6.6.3 Teletrac Navman IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.6.4 Teletrac Navman IoT Fleet Management Product Portfolio
  6.6.5 Teletrac Navman Recent Developments
6.7 TomTom
  6.7.1 TomTom Comapny Information
  6.7.2 TomTom Business Overview
  6.7.3 TomTom IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.7.4 TomTom IoT Fleet Management Product Portfolio
  6.7.5 TomTom Recent Developments
6.8 Oracle
  6.8.1 Oracle Comapny Information
  6.8.2 Oracle Business Overview
  6.8.3 Oracle IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.8.4 Oracle IoT Fleet Management Product Portfolio
  6.8.5 Oracle Recent Developments
6.9 Intel
  6.9.1 Intel Comapny Information
  6.9.2 Intel Business Overview
  6.9.3 Intel IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.9.4 Intel IoT Fleet Management Product Portfolio
  6.9.5 Intel Recent Developments
6.10 Cisco Systems
  6.10.1 Cisco Systems Comapny Information
  6.10.2 Cisco Systems Business Overview
  6.10.3 Cisco Systems IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.10.4 Cisco Systems IoT Fleet Management Product Portfolio
  6.10.5 Cisco Systems Recent Developments
6.11 Sierra Wireless
  6.11.1 Sierra Wireless Comapny Information
  6.11.2 Sierra Wireless Business Overview
  6.11.3 Sierra Wireless IoT Fleet Management Revenue, Global Share and Gross Margin (2019-2024)
  6.11.4 Sierra Wireless IoT Fleet Management Product Portfolio
  6.11.5 Sierra Wireless Recent Developments

7 NORTH AMERICA

7.1 North America IoT Fleet Management Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2 North America IoT Fleet Management Market Size by Country (2019-2024)
7.3 North America IoT Fleet Management Market Size Forecast by Country (2025-2030)

8 EUROPE

8.1 Europe IoT Fleet Management Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2 Europe IoT Fleet Management Market Size by Country (2019-2024)
8.3 Europe IoT Fleet Management Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific IoT Fleet Management Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2 Asia-Pacific IoT Fleet Management Market Size by Country (2019-2024)
9.3 Asia-Pacific IoT Fleet Management Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA

10.1 Latin America IoT Fleet Management Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2 Latin America IoT Fleet Management Market Size by Country (2019-2024)
10.3 Latin America IoT Fleet Management Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa IoT Fleet Management Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2 Middle East & Africa IoT Fleet Management Market Size by Country (2019-2024)
11.3 Middle East & Africa IoT Fleet Management Market Size Forecast by Country (2025-2030)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


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