IoT Fleet Management Market Cloud Deployment Solutions by 2025

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IoT Fleet Management Market by Platform (Device
Management, Application Enablement Platform, and
Network Management), Services (Professional,
Managed), Cloud Deployment (Public, Private,
Hybrid), Solutions, Fleet Type, and Region -
Global Forecast to 2021.
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Routing Management holds the largest share in
IoT Fleet Management Market Routing management
accounted for the largest share of the IoT fleet
management market, by solutions. The growth of
this segment can be attributed to rising global
road freight traffic and constant RD activities
to develop innovative products. According to the
Road Freight Transport Statistics of European
Commission (EC), the road freight transport of
European countries increased by 2.2 in 2015, as
compared to 2014, and was the highest in the last
five years. Also, the continuous RD activities
by fleet solution providers to develop advanced
products help the fleet companies to provide the
shortest and less crowded route to fleet vehicles
to avoid unnecessary overtime cost
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Browse gtgt 78 market data
tables 58 figures
158 pages and in-depth TOC on IoT Fleet
Management Market - Global Forecast to
2021 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Managed Services estimated to grow at the
highest CAGR during the forecast period The
managed services segment is expected to dominate
the IoT fleet management market, by services,
from 2016 to 2021. Managed services not only
offer flexibility but also allow multiple
function handling efficiently and, hence, reduce
the overall operational cost. These also help to
provide the desired operation as per the clients
specific needs, resulting in enhanced customer
satisfaction. Further, these services allow work
allocation as per the expertise and
centralization of various applications with the
data center. The increasing role of IoT in fleet
management along with the integration of IoT is
resulting in the increased usage of these
services. The difficulty for companies to focus
on other support functions other than their core
business processes has also increased the
significance of managed services.
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The Americas region was expected to lead the IoT
fleet management market in 2016 The Americas
region is expected to hold the largest share in
the IoT fleet management market. The growth of
the IoT fleet management market in this region
can be attributed to increasing sales of fleet
vehicles, high adoption rate of advanced
technological products, and regulatory
developments by the government. For instance,
according to the U.S. Bureau of Transportation
Statistics, the number of fleet vehicles includes
vans, SUVs, and trucks had increased from 11,550
thousand units in 2010 to 12,276 thousand units
in 2015. The increasing number of fleet vehicles
propels the demand for IoT fleet management
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IoT Fleet Management Market Key Players Some of
major players in the IoT fleet management market
include ATT, 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).
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