DUBLIN--(BUSINESS WIRE)--The "IoT Fleet Management - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 9th edition of this report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global IoT Fleet Management Market to Reach $19.3 Billion by 2027
Amid the COVID-19 crisis, the global market for IoT Fleet Management, estimated at US$5.6 Billion in the year 2020, is projected to reach a revised size of US$19.3 Billion by 2027, growing at a CAGR of 19.3% over the period 2020-2027.
Managed, one of the segments analyzed in the report, is projected to record 20.1% CAGR and reach US$12.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Professional segment is readjusted to a revised 17.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 19% CAGR]
The IoT Fleet Management market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2027 trailing a CAGR of 18.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 16.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.6% CAGR.
Competitors identified in this market include, among others:
- AT&T, Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Intel Corporation
- Omnitracs LLC
- Sierra Wireless, Inc.
- Telefonica SA
- TomTom International BV
- Trimble, Inc.
- Verizon Communications, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- IoT Fleet Management Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/5xecwg
