Title: Smart Fleet Management Market Research and Analysis 2017-2024
1Smart Fleet Management Market Analysis to 2024
and Forecasts Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Regional Analysis of Smart Fleet Management
Market
- The smart fleet management market in the Asia
Pacific region is expected to grow at a
remarkable pace owing to increasing stringency in
regulations and rising transportation facilities
in countries including India, China, and Japan. - The governments in these countries are compelling
the OEMs to implement these systems in vehicles
owing to the changing approach toward the safety
of drivers, passengers, fleet operators, and
goods. - Improving trade and socio-economic conditions in
Thailand, Indonesia, and Malaysia have increased
the demand for premium fleets with high safety
features, thus positively impacting the smart
fleet management market growth.
3Application Analysis of Smart Fleet Management
Market
- Telematics service providers and OEMs in the
smart fleet management market are developing
solutions to ensure compatibility with future
standards to increase ease-of-maintenance and
scalability. Telematics providers are developing
integrated modules and SIMs to connect to
cellular networks as vehicles travel between
urban rural areas, network provider boundaries,
and cellular network boundaries from 2G to 3G and
4G. These modules are intended to achieve
scalability and optimum coverage that remain
compatible with the changing technology. - The technology providers are investing in
developing solutions with special and customized
features in the smart fleet management market.
For instance, PL Software, a firm based in the
UK focuses on developing software for the waste
management industry.
4Competitive Market Share of Smart Fleet
Management Market
- Industry players in the smart fleet management
market include Harman International Industries,
Inc., Robert Bosch GmbH., Siemens AG, Denso
Corporation, IBM Corporation, Continental AG,
Cisco Systems, Inc., Sierra Wireless, Inc.,
Calamp Corp., OTTO Marine Ltd., Precious Shipping
Co. Ltd., and Globecomm Systems, Inc. - The presence of primarily big players
characterizes the smart fleet management market.
However, new startups are entering the market
with more specialized fleet management and
optimization solutions for specified
applications. For instance, KeepTruckin, a
startup based in the U.S. is focusing on
improving the efficiency of the trucking industry
by connecting drivers and vehicle freights on
road.
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