There were 1,371 press releases posted in the last 24 hours and 412,903 in the last 365 days.

Global IoT Fleet Management Market is Expected to Reach $13.17 billion by 2023

Global IoT Fleet Management Market Research Report

Global IoT Fleet Management Market Research Report

Global IoT Fleet Management Market Research Report

RAIPUR, INDIA, January 31, 2018 /EINPresswire.com/ --

Report Sellers has added a new market research report “IoT Fleet Management - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global IoT Fleet Management Market is accounted for $3.17 billion in 2016 and is expected to reach $13.17 billion by 2023 growing at a CAGR of 22.5% during the forecast period. Requirement for optimum operational efficiencies and increasing trends towards smartphone integration with vehicles are factors contributing for the market growth. However, absence of IoT infrastructure in emerging countries is restricting the market. Moreover, Truck Platooning, Cloud and Fog Computing Analytics provide huge growth opportunities for the market.

Fleet Management is a capacity which permits organizations which depend on transportation in business to expel or limit the dangers related with vehicle investment, improving efficiency and productivity and diminishing their general transportation and staff costs, giving 100% consistence government enactment and some more. The hybrid model has a significant growth in the market due to benefits such as higher flexibility of data management and adequate data implementation privilege at lesser prices. It allows data backup and recovery on cloud infrastructure. The fluctuating trend of subscription-based solutions is also developing at a modest pace. These require endless cloud server with easy accessibility. The joint scalability and flexibility of virtual cloud server will accelerate the growth of the hybrid model market.

Device management is utilized as a part of IoT fleet management market because of extended usage of customized devices, for example, cell phones and tablets. It encourage device confirmation, remote access, observing, and investigating and offers security highlights against hacking and malware assaults. The OAuth 2.0 and OpenID Connect 1.0 are the approval models that improve the device confirmation that works with IoT server.

By geography, Americas region has acquired the largest market share in the IoT fleet management market owing to expanding offers of fleet vehicles, high appropriation rate of advanced technological products and administrative advancements by the government. Likewise, a portion of the Original Equipment Manufacturers (OEM) in this region, for example, Volvo Trucks and Daimler Trucks North America, LLC began offering telematics arrangements either freely or in association with fleet arrangement suppliers.

Some of the key players in IoT Fleet Management market include Cisco Systems, Inc., Trimble, Inc., International Business Machines Corporation (IBM), Intel Corporation, Omnitracs, AT&T, Inc., Verizon Communications, Inc., Tomtom International BV, Telefonica, S.A. and Sierra Wireless.

Browse through the complete description and in-depth TOC on “Global IoT Fleet Management Market”
https://www.reportsellers.com/market-research-report/IoT-Fleet-Management---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global IoT Fleet Management Market has been segmented by application covered, platform covered, cloud deployment model covered, services covered, fleet type covered and regions covered

Application Covered:
Driver Information System
Fuel Management
Routing Management
Vehicle Maintenance
Drive Time Analysis
Fleet Analytics
Remote Diagnostics
Tracking and monitoring
Other Applications

Platform Covered:
Network management
Device management
Application Enablement Platform (AEP)

Cloud Deployment Model Covered:
Public
Hybrid
Private

Services Covered:
Managed
Professional

Fleet Type Covered:
Public buses
Commercial Vehicles (CV)
Passenger Cars (PC)

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

Request sample here https://www.reportsellers.com/market-research-report/IoT-Fleet-Management---Global-Market-Outlook-2017-2023

We have a large number of reports in IT & Telecommunication Industry which can be accessed in the following link: https://www.reportsellers.com/category/it-telecommunication-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.











Aditya Joshi
Report Sellers
+1-214-396-2385
email us here