Houston, TX -- (SBWIRE) -- 03/02/2018 -- Our analysts forecast the Global IoT Fleet Management Market to grow at a CAGR of +21% during the period 2017-2022.
The Internet of Things 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.
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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. The global IoT Fleet Management market has witnessed significant growth over the past few years owing to rising construction activities in the commercial and residential sectors. The impact of Porter's five forces on the growth of the market has been also analyzed in the report. Referring to case studies, the report traces the historical development of the market.
Key Players:
AT&T, Inc., Cisco Systems, Inc., Intel Corporation, International Business Machines Corporation (IBM), Omnitracs, Sierra Wireless, Telefonica, S.A., Tomtom International BV, Trimble, Inc., Verizon Communications, Inc.
Regions Covered:
United States, North America, China, Europe, Japan, Southeast Asia and India.
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In the direction of ensuring that the data gathered is consistent, sources of information used are declared as genuine and legal. The sources include twelve-monthly reports on the IoT Fleet Management market, management reports, international news, and business credit reports. Similarly there were conferences held with the customers, market specialists and so forth. Perceptions from them were important in classifying and understanding the inner workings of the Global IoT Fleet Management Market.
In addition, market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most talented or commercial areas for investments. The report also provides a detailed synopsis of the competitive scenario, wherein complete business profiles of some of the prime companies in the IoT Fleet Management market are included. The intensity of rivalry in the market, threat of new players, entry obstacles for new competitive, and areas of development based on earlier data about popular approaches observed in the past few years are also inspected in detail.
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Table of Contents
Global IoT Fleet Management Market Research Report
Chapter 1 Global IoT Fleet Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global IoT Fleet Management Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global IoT Fleet Management 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

With all the gathered data analyzed using SWOT analysis, there is a clear understanding of the economic landscape of the IoT Fleet Management market. Prospective for the markets growth was uncovered and out-of-the-way economical threats also became apparent. There is a prominent intentional direction in the market and this is observed in the fundamental trends and improvements studied. By attaining market background and using fundamental norms, policies, and trends of other significant markets for documentations, market data was accomplished.