IoT Fleet Management Market to Expand at 9.8% CAGR, Hitting $16 Billion by 2031
By customer type, the b2b segment is projected to lead the global IoT fleet management market
WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, June 6, 2024 /EINPresswire.com/ -- The 𝐈𝐨𝐓 𝐅𝐥𝐞𝐞𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 report provides an in-depth analysis of top segments, changing market trends, value chains, key investment pockets, competitive scenarios, and regional landscape. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A12284
The global IoT fleet management market was valued at $6.4 billion in 2021, and is projected to reach $16 billion by 2031, growing at a CAGR of 9.8% from 2022 to 2031.
IoT fleet management market is segmented basis of application, service, platform, type and region. Based on application industry, it is divided into routing management, tracking & monitoring, fuel management, remote diagnostics and others. Based on service, it is segmented into professional, and managed. Based on platform, it is divided into application enablement platform, network management, and device management. By type, it is divided into public, private, and hybrid. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞
Honeywell International Inc., Sierra Wireless, International Business Machines Corporation (IBM), Fleet Complete, NORTHRUP GRUNMAN, Telefonica S.A, Verizon Communications Inc, Omnitracs, Intel Corporation, Vnomics, Tomtom International BV, Webfleet Solution, Cisco Systems Inc., Trimble Inc, AT&T Inc.
The report offers detailed segmentation of the global IoT fleet management market size based on application, service, platform, type, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps investors, market players, and new entrants in determining the sub-segments to be tapped into to achieve growth in the coming years.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A12284
Based on services, the professional segment held the largest share in 2021, accounting for more than half of the market, and is expected to maintain its dominance in terms of revenue by 2031. In addition, the segment is estimated to witness the largest CAGR of 10.3% during the forecast period.
On the basis of platform, the device management segment dominated the market in 2021, accounting for more than half of the global IoT fleet management market share, and is projected to maintain its leading position throughout the forecast period. Furthermore, the segment is estimated to showcase the highest CAGR of 10.6% during the forecast period.
𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
By end use industry, the retail and e-commerce segment is expected to register a significant growth during the forecast period.
By customer type, the b2b segment is projected to lead the global IoT fleet management market
By services, the intermodal segment is projected to lead the global IoT fleet management market
By mode of transport, the roadways segment is projected to lead the global IoT fleet management market
Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/aa33f8d679764ad2cf3f1a5337864cc6
𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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Allied Market Research
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