IoT Fleet Management Market By Application, By Services, By Platform, By Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: IOT FLEET MANAGEMENT MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2 Routing Management
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Tracking and Monitoring
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Fuel Management
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Remote Diagnostics
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Others
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country

CHAPTER 5: IOT FLEET MANAGEMENT MARKET, BY SERVICES
5.1 Overview
5.1.1 Market size and forecast
5.2 Professional
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Managed
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: IOT FLEET MANAGEMENT MARKET, BY PLATFORM
6.1 Overview
6.1.1 Market size and forecast
6.2 Application Enablement Platform
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Network Management
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Device Management
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country

CHAPTER 7: IOT FLEET MANAGEMENT MARKET, BY TYPE
7.1 Overview
7.1.1 Market size and forecast
7.2 Public
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Private
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Hybrid
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country

CHAPTER 8: IOT FLEET MANAGEMENT MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Application
8.2.3 North America Market size and forecast, by Services
8.2.4 North America Market size and forecast, by Platform
8.2.5 North America Market size and forecast, by Type
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Application
8.2.6.1.2 Market size and forecast, by Services
8.2.6.1.3 Market size and forecast, by Platform
8.2.6.1.4 Market size and forecast, by Type
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Application
8.2.6.2.2 Market size and forecast, by Services
8.2.6.2.3 Market size and forecast, by Platform
8.2.6.2.4 Market size and forecast, by Type
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Application
8.2.6.3.2 Market size and forecast, by Services
8.2.6.3.3 Market size and forecast, by Platform
8.2.6.3.4 Market size and forecast, by Type
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Application
8.3.3 Europe Market size and forecast, by Services
8.3.4 Europe Market size and forecast, by Platform
8.3.5 Europe Market size and forecast, by Type
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Application
8.3.6.1.2 Market size and forecast, by Services
8.3.6.1.3 Market size and forecast, by Platform
8.3.6.1.4 Market size and forecast, by Type
8.3.6.2 France
8.3.6.2.1 Market size and forecast, by Application
8.3.6.2.2 Market size and forecast, by Services
8.3.6.2.3 Market size and forecast, by Platform
8.3.6.2.4 Market size and forecast, by Type
8.3.6.3 Russia
8.3.6.3.1 Market size and forecast, by Application
8.3.6.3.2 Market size and forecast, by Services
8.3.6.3.3 Market size and forecast, by Platform
8.3.6.3.4 Market size and forecast, by Type
8.3.6.4 Netherlands
8.3.6.4.1 Market size and forecast, by Application
8.3.6.4.2 Market size and forecast, by Services
8.3.6.4.3 Market size and forecast, by Platform
8.3.6.4.4 Market size and forecast, by Type
8.3.6.5 UK
8.3.6.5.1 Market size and forecast, by Application
8.3.6.5.2 Market size and forecast, by Services
8.3.6.5.3 Market size and forecast, by Platform
8.3.6.5.4 Market size and forecast, by Type
8.3.6.6 Poland
8.3.6.6.1 Market size and forecast, by Application
8.3.6.6.2 Market size and forecast, by Services
8.3.6.6.3 Market size and forecast, by Platform
8.3.6.6.4 Market size and forecast, by Type
8.3.6.7 Spain
8.3.6.7.1 Market size and forecast, by Application
8.3.6.7.2 Market size and forecast, by Services
8.3.6.7.3 Market size and forecast, by Platform
8.3.6.7.4 Market size and forecast, by Type
8.3.6.8 Rest of Europe
8.3.6.8.1 Market size and forecast, by Application
8.3.6.8.2 Market size and forecast, by Services
8.3.6.8.3 Market size and forecast, by Platform
8.3.6.8.4 Market size and forecast, by Type
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Application
8.4.3 Asia-Pacific Market size and forecast, by Services
8.4.4 Asia-Pacific Market size and forecast, by Platform
8.4.5 Asia-Pacific Market size and forecast, by Type
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Application
8.4.6.1.2 Market size and forecast, by Services
8.4.6.1.3 Market size and forecast, by Platform
8.4.6.1.4 Market size and forecast, by Type
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Application
8.4.6.2.2 Market size and forecast, by Services
8.4.6.2.3 Market size and forecast, by Platform
8.4.6.2.4 Market size and forecast, by Type
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Application
8.4.6.3.2 Market size and forecast, by Services
8.4.6.3.3 Market size and forecast, by Platform
8.4.6.3.4 Market size and forecast, by Type
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Application
8.4.6.4.2 Market size and forecast, by Services
8.4.6.4.3 Market size and forecast, by Platform
8.4.6.4.4 Market size and forecast, by Type
8.4.6.5 Asean
8.4.6.5.1 Market size and forecast, by Application
8.4.6.5.2 Market size and forecast, by Services
8.4.6.5.3 Market size and forecast, by Platform
8.4.6.5.4 Market size and forecast, by Type
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Application
8.4.6.6.2 Market size and forecast, by Services
8.4.6.6.3 Market size and forecast, by Platform
8.4.6.6.4 Market size and forecast, by Type
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Application
8.5.3 LAMEA Market size and forecast, by Services
8.5.4 LAMEA Market size and forecast, by Platform
8.5.5 LAMEA Market size and forecast, by Type
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Application
8.5.6.1.2 Market size and forecast, by Services
8.5.6.1.3 Market size and forecast, by Platform
8.5.6.1.4 Market size and forecast, by Type
8.5.6.2 UAE
8.5.6.2.1 Market size and forecast, by Application
8.5.6.2.2 Market size and forecast, by Services
8.5.6.2.3 Market size and forecast, by Platform
8.5.6.2.4 Market size and forecast, by Type
8.5.6.3 Saudi Arabia
8.5.6.3.1 Market size and forecast, by Application
8.5.6.3.2 Market size and forecast, by Services
8.5.6.3.3 Market size and forecast, by Platform
8.5.6.3.4 Market size and forecast, by Type
8.5.6.4 South Africa
8.5.6.4.1 Market size and forecast, by Application
8.5.6.4.2 Market size and forecast, by Services
8.5.6.4.3 Market size and forecast, by Platform
8.5.6.4.4 Market size and forecast, by Type
8.5.6.5 Rest of LAMEA
8.5.6.5.1 Market size and forecast, by Application
8.5.6.5.2 Market size and forecast, by Services
8.5.6.5.3 Market size and forecast, by Platform
8.5.6.5.4 Market size and forecast, by Type

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 AT&T Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Cisco Systems Inc.
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Fleet Complete
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Honeywell International Inc.
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Intel Corporation
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 International Business Machines Corporation (IBM)
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 NORTHRUP GRUNMAN
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Omnitracs
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Sierra Wireless
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Telefonica S. A
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Tomtom International BV
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Trimble Inc
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 Verizon Communications Inc
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Vnomics
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Webfleet Solution
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'IoT Fleet Management Market,' the IoT fleet management market was valued at $6.4 billion in 2021, and is estimated to reach $16 billion by 2031, growing at a CAGR of 9.8% from 2022 to 2031.

In 2021, Asia-Pacific region is dominating the market in terms of revenue, followed by Europe, North America, and LAMEA. China dominated the IoT fleet management market in 2021. The freight and logistics industry is booming in these economies. In addition, increased adoption of outsourced logistics services in the region is driving the growth of the IoT fleet management industry in Asia-Pacific. Moreover, high government support for development of logistics infrastructure in the region is also boosting the market growth.

There are prominent key factors that drive the growth of the IoT fleet management market, such as technological advancements across transportation & logistics sector, and increase in use of cloud-based technology for smart fleet management solutions. IoT fleet management provide effective fleet tracking, real-time monitoring, dedicated remote server for fleet data, and security features in a single system. Fleet operators track vehicles through route optimization or selection of best routes in real time that further reduce the transportation costs and idle time by increasing the operational efficiency. The purpose of IoT fleet management is to deliver effective real-time monitoring, fleet tracking, and security. In addition, data generated from IoT and sensors help in analyzing and making a cost effective decision as per requirement. For instance, a manager of a fleet of cars can get the data of fuel efficiency based on the route taken. Owing to all the aforementioned factors the IoT fleet management market is expected to grow significantly during the forecast period.

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.

COVID-19 Impact Analysis

The COVID-19 crisis has created uncertainty in the IoT fleet management market, owing to massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments.

Governments of different regions have already announced total lockdown and temporary shutdown of industries, thereby adversely affecting the overall production and sales. Countries around the globe have posed stringent restrictions ranging from days to months of lockdown periods.

Transportation organizations needed to ensure that transportation networks can continue to operate throughout the lockdown measures, striking a balance between reduced operations and providing enough capacity for key workers to practice social distancing. In addition, several companies active in mergers and strategic partnership to sustain in pandemic period. For instance, in November 2020, Athene Holding Ltd. and Hertz Global Holdings, a renowned financial services business, entered into a stock and asset purchase agreement to acquire Donlen. In addition, Geotab teamed with SAP (Germany) in October 2020 to give businesses that use SAP solutions and Geotab’s fleet management service visibility into their company’s telemetry data via the SAP Cloud Platform.

However, as the world recovers rapidly from the COVID-19 pandemic, the market is expected to fully recover by 2022. The market is witnessing a recovery in production and distribution after the pandemic. The IoT Fleet management system is projected to witness different growth trends over the years with the rise in adoption of mobility-as-a-service and implementation of advanced connecting technologies with fleet management

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.

The key players that operate in this IoT fleet management market are AT&T Inc., Cisco Systems Inc, Fleet Complete, Honeywell International Inc., Intel Corporation, International Business Machines Corporation (IBM), Northrop Grumman Corporation, Omnitracs, Sierra Wireless, Telefonica S.A, Tomtom International BV, Trimble Inc., Verizon Communications Inc., Vnomics, and Webfleet Solution (Bridgestone Mobility Solutions B.V.).

Companies Mentioned

• AT&T Inc.
• Cisco Systems Inc.
• Fleet Complete
• Honeywell International Inc.
• Intel Corporation
• International Business Machines Corporation (IBM)
• Northrup Grunman
• Omnitracs
• Sierra Wireless
• Telefonica S.A
• Tomtom International Bv
• Trimble Inc.
• Verizon Communications Inc.
• Vnomics
• Webfleet Solution

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.