Iot Enabled Wireless Fleet Management Market
IoT Enabled Wireless Fleet Management Market Forecasts to 2030 - Global Analysis By Component (Solutions, Services and Other Components), Fleet Type (Passenger Fleet, Commercial Fleet and Other Fleet Types), Deployment Type, Application and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $13.5 MN |
|
Projected Year Value (2030) |
US $53.8 MN |
|
CAGR (2023 - 2030) |
21.8% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global IoT Enabled Wireless Fleet Management Market is accounted for $13.5 million in 2023 and is expected to reach $53.8 million by 2030 growing at a CAGR of 21.8% during the forecast period. The IoT Enabled Wireless Fleet Management Market refers to the sector focused on utilizing Internet of Things (IoT) technologies to optimize the management of fleets, such as vehicles, trucks, or ships. IoT-enabled fleet management systems collect and analyze data related to vehicle location, speed, fuel consumption, engine performance, and driver behavior. By leveraging this information, fleet managers can improve operational efficiency, reduce fuel costs, enhance vehicle maintenance, and ensure regulatory compliance.
According to a research study conducted by Argonne National Laboratory in 2015, approximately 1 billion gallons of fuel was wasted because of excessive truck idling, which cost around USD 3 billion yearly.
Market Dynamics:
Driver:
Increasing demand for operational efficiency
Businesses across various industries are under pressure to optimize their fleet operations to remain competitive in recent dynamic marketplace. IoT-enabled wireless fleet management solutions offer real-time monitoring and control capabilities, allowing companies to efficiently manage their fleets, reduce idle time, minimize fuel consumption, and improve overall productivity. This data-driven approach enables businesses to make informed decisions, streamline operations, and allocate resources more effectively.
Restraint:
High initial investment costs
The implementation of these advanced technologies requires substantial investments in hardware, software, infrastructure, and training. For many businesses, especially smaller companies with limited financial resources, the upfront expenses associated with deploying IoT-enabled fleet management systems can be prohibitive. The costs extend beyond the initial setup to include ongoing expenses such as maintenance, upgrades, and data management. The capital-intensive nature of these investments often deters organizations from pursuing IoT-enabled solutions, despite their potential long-term benefits in terms of operational efficiency, cost savings, and improved fleet management.
Opportunity:
Increasing adoption of telematics and connected vehicles
Telematics systems embedded within vehicles enable the seamless transmission of real-time data regarding vehicle performance, location, and driver behavior. Combined with connected vehicle technology, these systems provide a wealth of actionable insights that empower fleet managers to optimize operations and enhance efficiency. IoT-enabled wireless fleet management solutions leverage this data to offer comprehensive fleet monitoring, route optimization, predictive maintenance, and driver safety features. Furthermore, with the integration of telematics and connected vehicles, fleet managers gain unprecedented visibility and control over their fleets, leading to improved decision-making, reduced operational costs, and enhanced customer satisfaction.
Threat:
Lack of standardized protocols
In the absence of universally accepted standards and protocols for IoT devices and communication networks in fleet management, interoperability issues arise, making it challenging to integrate disparate systems and devices from different vendors seamlessly. This lack of standardization complicates the development, deployment, and maintenance of IoT-enabled fleet management solutions, increasing implementation costs and hindering scalability. However, without standardized protocols, businesses face difficulties in ensuring compatibility and interoperability between various components of their fleet management ecosystem, leading to inefficiencies and limitations in data exchange and communication.
Covid-19 Impact:
The widespread lockdowns and restrictions imposed to curb the spread of the virus disrupted supply chains and logistics operations, leading to increased demand for real-time visibility and control over fleet activities. The economic downturn caused by the pandemic led some businesses to postpone or scale back investments in IoT solutions due to financial constraints, impacting market growth. Overall, COVID-19 underscored the importance of IoT-enabled wireless fleet management in navigating disruptions and optimizing fleet operations amid evolving challenges.
The passenger fleet segment is expected to be the largest during the forecast period
Passenger Fleet segment is expected to hold the largest share of the market throughout the projection period due to a rising demand for enhanced passenger safety and comfort, prompting transportation companies to invest in IoT-enabled solutions for real-time monitoring of vehicle conditions and passenger experience. Furthermore, these technologies allow fleet operators to optimize routes, improve fuel efficiency, and ensure timely maintenance, leading to enhanced overall operational efficiency. Additionally, with the growing emphasis on sustainability and environmental consciousness, IoT-enabled fleet management solutions help passenger fleet operators reduce carbon emissions through optimized route planning and eco-driving practices.
The routing management segment is expected to have the highest CAGR during the forecast period
With the integration of IoT technologies, fleet managers can access real-time data on vehicle location, traffic conditions, and delivery schedules, enabling them to optimize routes for maximum efficiency and productivity, Routing Management segment is estimated to grow at a rapid pace during the overcast period of time frame. IoT-enabled routing management systems leverage advanced algorithms and predictive analytics to dynamically adjust routes based on factors such as traffic congestion, weather conditions, and delivery priorities. This not only minimizes travel time and fuel consumption but also improves overall fleet utilization and customer satisfaction.
Region with largest share:
Due to the region's rapid economic development and urbanization have led to a surge in demand for efficient transportation and logistics solutions, driving the adoption of IoT-enabled fleet management technologies, Throughout the extrapolated period of time frame, Asia Pacific region dominated the largest market share. The proliferation of e-commerce platforms and the rise of online retailing have fueled the need for optimized last-mile delivery services, prompting businesses to invest in IoT solutions for route optimization, vehicle tracking and delivery management.
Region with highest CAGR:
Asia Pacific region is prophesied to witness lucrative growth throughout the domination period. With the region's expanding economy and increasing urbanization, there's a heightened emphasis on ensuring the safety of fleets operating in diverse and often challenging environments. Governments in the region are increasingly focusing on promoting smart transportation initiatives and addressing traffic congestion and pollution issues, further accelerating the adoption of IoT-enabled fleet management systems.
Key players in the market
Some of the key players in IoT Enabled Wireless Fleet Management market include AT&T Inc, Bridgestone Mobility Solutions B.V., Cisco Systems, Inc, Geotab Inc, IBM Corporation, Omnitracs, LLC, Sierra Wireless, Teletrac Navman Group and Trimble Inc.
Key Developments:
In January 2023, AROBS Transilvania Software, a custom software development company, acquired Centrul de Soft GPS SRL, a provider of fleet management solutions. The acquisition enables AROBS to strengthen its position in the IoT enabled wireless fleet management market.
In November 2022, Powerfleet, Inc., a provider of Internet of Things (IoT) Software-as-a-Service (SaaS) solutions, announced the launch of Powerfleet Unity, its new IoT enabled fleet intelligence platform that integrates IoT devices and third-party business systems to transform business operations.
In September 2022, Amazon Web Services, Inc. launched AWS IoT FleetWise, its new service for automotive companies that helps to collect, transform, and transfer vehicle data to the cloud in near real time.
Components Covered:
• Solutions
• Services
• Other Components
Fleet Types Covered:
• Passenger Fleet
• Commercial Fleet
• Other Fleet Types
Deployment Types Covered:
• Private
• Hybrid
• Public
Applications Covered:
• Fuel Management
• Fleet Analytics
• Routing Management
• Tracking & Monitoring
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global IoT Enabled Wireless Fleet Management Market, By Component
5.1 Introduction
5.2 Solutions
5.3 Services
5.4 Other Components
6 Global IoT Enabled Wireless Fleet Management Market, By Fleet Type
6.1 Introduction
6.2 Passenger Fleet
6.3 Commercial Fleet
6.4 Other Fleet Types
7 Global IoT Enabled Wireless Fleet Management Market, By Deployment Type
7.1 Introduction
7.2 Private
7.3 Hybrid
7.4 Public
8 Global IoT Enabled Wireless Fleet Management Market, By Application
8.1 Introduction
8.2 Fuel Management
8.3 Fleet Analytics
8.4 Routing Management
8.5 Tracking & Monitoring
8.6 Other Applications
9 Global IoT Enabled Wireless Fleet Management Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 AT&T Inc
11.2 Bridgestone Mobility Solutions B.V.
11.3 Cisco Systems, Inc
11.4 Geotab Inc
11.5 IBM Corporation
11.6 Omnitracs, LLC
11.7 Sierra Wireless
11.8 Teletrac Navman Group
11.9 Trimble Inc
List of Tables
1 Global IoT Enabled Wireless Fleet Management Market Outlook, By Region (2021-2030) ($MN)
2 Global IoT Enabled Wireless Fleet Management Market Outlook, By Component (2021-2030) ($MN)
3 Global IoT Enabled Wireless Fleet Management Market Outlook, By Solutions (2021-2030) ($MN)
4 Global IoT Enabled Wireless Fleet Management Market Outlook, By Services (2021-2030) ($MN)
5 Global IoT Enabled Wireless Fleet Management Market Outlook, By Other Components (2021-2030) ($MN)
6 Global IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Type (2021-2030) ($MN)
7 Global IoT Enabled Wireless Fleet Management Market Outlook, By Passenger Fleet (2021-2030) ($MN)
8 Global IoT Enabled Wireless Fleet Management Market Outlook, By Commercial Fleet (2021-2030) ($MN)
9 Global IoT Enabled Wireless Fleet Management Market Outlook, By Other Fleet Types (2021-2030) ($MN)
10 Global IoT Enabled Wireless Fleet Management Market Outlook, By Deployment Type (2021-2030) ($MN)
11 Global IoT Enabled Wireless Fleet Management Market Outlook, By Private (2021-2030) ($MN)
12 Global IoT Enabled Wireless Fleet Management Market Outlook, By Hybrid (2021-2030) ($MN)
13 Global IoT Enabled Wireless Fleet Management Market Outlook, By Public (2021-2030) ($MN)
14 Global IoT Enabled Wireless Fleet Management Market Outlook, By Application (2021-2030) ($MN)
15 Global IoT Enabled Wireless Fleet Management Market Outlook, By Fuel Management (2021-2030) ($MN)
16 Global IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Analytics (2021-2030) ($MN)
17 Global IoT Enabled Wireless Fleet Management Market Outlook, By Routing Management (2021-2030) ($MN)
18 Global IoT Enabled Wireless Fleet Management Market Outlook, By Tracking & Monitoring (2021-2030) ($MN)
19 Global IoT Enabled Wireless Fleet Management Market Outlook, By Other Applications (2021-2030) ($MN)
20 North America IoT Enabled Wireless Fleet Management Market Outlook, By Country (2021-2030) ($MN)
21 North America IoT Enabled Wireless Fleet Management Market Outlook, By Component (2021-2030) ($MN)
22 North America IoT Enabled Wireless Fleet Management Market Outlook, By Solutions (2021-2030) ($MN)
23 North America IoT Enabled Wireless Fleet Management Market Outlook, By Services (2021-2030) ($MN)
24 North America IoT Enabled Wireless Fleet Management Market Outlook, By Other Components (2021-2030) ($MN)
25 North America IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Type (2021-2030) ($MN)
26 North America IoT Enabled Wireless Fleet Management Market Outlook, By Passenger Fleet (2021-2030) ($MN)
27 North America IoT Enabled Wireless Fleet Management Market Outlook, By Commercial Fleet (2021-2030) ($MN)
28 North America IoT Enabled Wireless Fleet Management Market Outlook, By Other Fleet Types (2021-2030) ($MN)
29 North America IoT Enabled Wireless Fleet Management Market Outlook, By Deployment Type (2021-2030) ($MN)
30 North America IoT Enabled Wireless Fleet Management Market Outlook, By Private (2021-2030) ($MN)
31 North America IoT Enabled Wireless Fleet Management Market Outlook, By Hybrid (2021-2030) ($MN)
32 North America IoT Enabled Wireless Fleet Management Market Outlook, By Public (2021-2030) ($MN)
33 North America IoT Enabled Wireless Fleet Management Market Outlook, By Application (2021-2030) ($MN)
34 North America IoT Enabled Wireless Fleet Management Market Outlook, By Fuel Management (2021-2030) ($MN)
35 North America IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Analytics (2021-2030) ($MN)
36 North America IoT Enabled Wireless Fleet Management Market Outlook, By Routing Management (2021-2030) ($MN)
37 North America IoT Enabled Wireless Fleet Management Market Outlook, By Tracking & Monitoring (2021-2030) ($MN)
38 North America IoT Enabled Wireless Fleet Management Market Outlook, By Other Applications (2021-2030) ($MN)
39 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Country (2021-2030) ($MN)
40 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Component (2021-2030) ($MN)
41 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Solutions (2021-2030) ($MN)
42 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Services (2021-2030) ($MN)
43 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Other Components (2021-2030) ($MN)
44 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Type (2021-2030) ($MN)
45 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Passenger Fleet (2021-2030) ($MN)
46 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Commercial Fleet (2021-2030) ($MN)
47 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Other Fleet Types (2021-2030) ($MN)
48 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Deployment Type (2021-2030) ($MN)
49 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Private (2021-2030) ($MN)
50 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Hybrid (2021-2030) ($MN)
51 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Public (2021-2030) ($MN)
52 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Application (2021-2030) ($MN)
53 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Fuel Management (2021-2030) ($MN)
54 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Analytics (2021-2030) ($MN)
55 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Routing Management (2021-2030) ($MN)
56 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Tracking & Monitoring (2021-2030) ($MN)
57 Europe IoT Enabled Wireless Fleet Management Market Outlook, By Other Applications (2021-2030) ($MN)
58 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Country (2021-2030) ($MN)
59 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Component (2021-2030) ($MN)
60 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Solutions (2021-2030) ($MN)
61 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Services (2021-2030) ($MN)
62 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Other Components (2021-2030) ($MN)
63 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Type (2021-2030) ($MN)
64 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Passenger Fleet (2021-2030) ($MN)
65 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Commercial Fleet (2021-2030) ($MN)
66 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Other Fleet Types (2021-2030) ($MN)
67 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Deployment Type (2021-2030) ($MN)
68 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Private (2021-2030) ($MN)
69 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Hybrid (2021-2030) ($MN)
70 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Public (2021-2030) ($MN)
71 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Application (2021-2030) ($MN)
72 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Fuel Management (2021-2030) ($MN)
73 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Analytics (2021-2030) ($MN)
74 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Routing Management (2021-2030) ($MN)
75 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Tracking & Monitoring (2021-2030) ($MN)
76 Asia Pacific IoT Enabled Wireless Fleet Management Market Outlook, By Other Applications (2021-2030) ($MN)
77 South America IoT Enabled Wireless Fleet Management Market Outlook, By Country (2021-2030) ($MN)
78 South America IoT Enabled Wireless Fleet Management Market Outlook, By Component (2021-2030) ($MN)
79 South America IoT Enabled Wireless Fleet Management Market Outlook, By Solutions (2021-2030) ($MN)
80 South America IoT Enabled Wireless Fleet Management Market Outlook, By Services (2021-2030) ($MN)
81 South America IoT Enabled Wireless Fleet Management Market Outlook, By Other Components (2021-2030) ($MN)
82 South America IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Type (2021-2030) ($MN)
83 South America IoT Enabled Wireless Fleet Management Market Outlook, By Passenger Fleet (2021-2030) ($MN)
84 South America IoT Enabled Wireless Fleet Management Market Outlook, By Commercial Fleet (2021-2030) ($MN)
85 South America IoT Enabled Wireless Fleet Management Market Outlook, By Other Fleet Types (2021-2030) ($MN)
86 South America IoT Enabled Wireless Fleet Management Market Outlook, By Deployment Type (2021-2030) ($MN)
87 South America IoT Enabled Wireless Fleet Management Market Outlook, By Private (2021-2030) ($MN)
88 South America IoT Enabled Wireless Fleet Management Market Outlook, By Hybrid (2021-2030) ($MN)
89 South America IoT Enabled Wireless Fleet Management Market Outlook, By Public (2021-2030) ($MN)
90 South America IoT Enabled Wireless Fleet Management Market Outlook, By Application (2021-2030) ($MN)
91 South America IoT Enabled Wireless Fleet Management Market Outlook, By Fuel Management (2021-2030) ($MN)
92 South America IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Analytics (2021-2030) ($MN)
93 South America IoT Enabled Wireless Fleet Management Market Outlook, By Routing Management (2021-2030) ($MN)
94 South America IoT Enabled Wireless Fleet Management Market Outlook, By Tracking & Monitoring (2021-2030) ($MN)
95 South America IoT Enabled Wireless Fleet Management Market Outlook, By Other Applications (2021-2030) ($MN)
96 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Country (2021-2030) ($MN)
97 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Component (2021-2030) ($MN)
98 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Solutions (2021-2030) ($MN)
99 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Services (2021-2030) ($MN)
100 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Other Components (2021-2030) ($MN)
101 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Type (2021-2030) ($MN)
102 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Passenger Fleet (2021-2030) ($MN)
103 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Commercial Fleet (2021-2030) ($MN)
104 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Other Fleet Types (2021-2030) ($MN)
105 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Deployment Type (2021-2030) ($MN)
106 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Private (2021-2030) ($MN)
107 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Hybrid (2021-2030) ($MN)
108 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Public (2021-2030) ($MN)
109 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Application (2021-2030) ($MN)
110 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Fuel Management (2021-2030) ($MN)
111 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Fleet Analytics (2021-2030) ($MN)
112 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Routing Management (2021-2030) ($MN)
113 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Tracking & Monitoring (2021-2030) ($MN)
114 Middle East & Africa IoT Enabled Wireless Fleet Management Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
