Fleet management is a function that helps companies involved in transportation business to minimize or remove the risk associated with productivity, improves efficiency, vehicle investment, and also provides compliance with government legislation. Fleet management also helps to reduce the cost associated with transportation by optimizing cost and efficiency in fleet operations.
The IoT fleet management market is projected to grow at a CAGR of 21.26% during the forecast period, to reach USD 8.28 billion by 2023. The key factors driving the market are the requirement of high operational efficiency, integration of smart devices with vehicles, and upcoming regulations on fleet safety and security. However, key restraints such as lack of IoT infrastructure in developing countries, cost sensitivity of small fleet companies, and driver privacy concerns could affect the growth of this market.
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Some of the Key Players of this Market: AT&T, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Verizon Communications, Inc. (U.S.), TomTom International BV (Netherlands), Trimble, Inc. (U.S.), IBM Corporation (U.S.), Omnitracs (U.S.), Sierra Wireless (Canada), Intel Corporation (U.S.), and Telefonica S.A. (Spain).
The revenue structure of each regional market for IoT fleet management market is elaborated upon in the report. The report provides the revenue figures of all regional markets, as well as their production figures. The overall pricing structure of each regional market is also elaborated upon in the report, which helps elucidate each regional market’s revenue dynamics.
Research N Reports proclaims the addition of a new study to its increasing online market intelligence repository. The report evaluates the figures of the global IoT fleet management market and offers consistent forecasts as to the market’s growth prospects in the forthcoming period. The historical development trail of the global IoT fleet management market up to 2018 is scrutinized in the report, lending accurate support to the analysis and estimations presented in the report.
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The report provides 2018-2023 statistics for each key segment of the global IoT fleet management market in order to shed light on the development patterns exhibited by the market. Recent statistics exemplifying the performance of the market are provided in depth in the report, in order to provide a granular picture of the market’s latest situations. This provides the base for reliable predictions regarding the market’s growth till 2023.
The competitive landscape section of the report also covers the solutions, products, services, business overview, recent developments, and company profiles of the main players operating in the market.
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Table of Contents
IoT fleet management market Research Report
Chapter 1 IoT fleet management market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast