NORTH AMERICA SMART FLEET MANAGEMENT MARKET FORECAST 2019-2027

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NORTH AMERICA SMART FLEET MANAGEMENT MARKET FORECAST 2019-2027

The smart fleet management market in the North America region contributed $XX billion in 2018 and is projected to generate a revenue of $XX billion by the end of the forecast period. The North America market is predicted to evolve with 8.69% CAGR from 2019 to 2027.

NORTH AMERICA SMART FLEET MANAGEMENT MARKET FORECAST 2019-2027

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The smart fleet management market in the North America region contributed $XX billion in 2018 and is projected to generate a revenue of $XX billion by the end of the forecast period. The North America market is predicted to evolve with 8.69% CAGR from 2019 to 2027.  The market is witnessing growth owing to factors such as favorable government initiatives, smart technologies, and integration of the Internet of Things (IoT), information & communication.

The North America region showcase tremendous opportunities for smart fleet management market owing to the rising need to manage fleet efficiently and rising concerns over the safety of vehicles & driver. Also, the easy accessibility of fleet management solutions to end-users across the globe is further driving the growth of smart fleet management market. The easy access attributes to the rapid development in network infrastructure and the emergence of cloud-based solutions. Further, the rising manufacturing and innovations in hardware designs have declined the hardware costs. As a result of low hardware costs, smart fleet management solutions vendors are offering multi-tiered pricing schemes to users. Thus, the development of network infrastructure and lowering hardware costs along with greater connectivity, is assisting the growth of smart fleet management solutions market.

The market analysis of North America smart fleet management is studied over economies such as Canada and the United States. The smart fleet management market in the United States is growing owing to the thriving construction industry and high adoption of fleet vehicles. The construction sectors in the country are increasingly adopting fleet vehicles for completing construction tasks, thereby boosting the growth of smart fleet management solutions. Other sectors adopting fleet management solutions are manufacturing, distribution, logistics, and retail centers. Thus, the high adoption rate to manage operations across industries are driving the growth of smart fleet management market in the region.

Several companies are operating in the smart fleet management market. Some of the leading players are Omnitracs LLC, Cisco Systems Inc., Denso Corporation, IBM Corporation, I.D. Systems, and Continental AG.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • INCORPORATION OF REAL-TIME FLEET MONITORING SYSTEMS IN AUTOMOBILES
      • EMERGENCE OF INTELLIGENT TRANSPORTATION SYSTEM
      • FUEL MANAGEMENT & VEHICLE MONITORING
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • RISE IN NEED FOR STREAMLINING FLEET MANAGEMENT
      • GROWING CONCERNS OF VEHICLE SAFETY, SECURITY, AND EMISSION
      • INTRODUCTION OF CONNECTED TECHNOLOGIES IN VEHICLES
    • MARKET RESTRAINTS
      • SLOWER ADOPTION RATE AMONG SMALL FLEET OWNERS
      • HIGH COST OF FLEET MANAGEMENT SYSTEMS
    • MARKET OPPORTUNITIES
      • GROWING INTEREST TOWARDS CLOUD-BASED SMART FLEET MANAGEMENT SOLUTIONS
      • RAPID DEVELOPMENT IN NETWORK INFRASTRUCTURE & DECLINING HARDWARE COSTS
    • MARKET CHALLENGES
      • CYBERSECURITY THREATS
  1. MARKET BY CONNECTIVITY
    • SHORT RANGE
    • LONG RANGE
    • CLOUD
  2. MARKET BY TRANSPORTATION MODE
    • ROADWAYS
    • MARINE
    • AIRWAYS
    • RAILWAYS
  3. MARKET BY APPLICATION
    • ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS)
    • TRACKING
    • OPTIMIZATION
    • OTHER APPLICATION
  4. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF COMPETITIVE RIVALRY
    • VALUE CHAIN ANALYSIS
      • COMPONENTS/SMART DEVICES PROVIDERS
      • NETWORK OPERATORS AND SERVICE ENABLERS
      • SYSTEM INTEGRATORS AND SERVICE PROVIDERS
      • END USERS
    • REGULATORY FRAMEWORK
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • CISCO SYSTEMS, INC.
    • CONTINENTAL AG
    • DENSO CORPORATION
    • D. SYSTEMS
    • IBM CORPORATION
    • OMNITRACS LLC
    • ORBCOMM, INC.
    • ROBERT BOSCH GMBH
    • SIEMENS AG
    • SIERRA WIRELESS, INC.
    • TECH MAHINDRA LIMITED
    • ZONAR SYSTEMS, INC.

TABLE LIST

TABLE 1: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 2: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY CONNECTIVITY, 2019-2027 (IN $ BILLION)

TABLE 3: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY TRANSPORTATION MODE, 2019-2027 (IN $ BILLION)

TABLE 4: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY APPLICATION, 2019-2027 (IN $ BILLION)

TABLE 5: REGULATORY FRAMEWORK: FLEET MANAGEMENT

TABLE 6: OPPORTUNITY MATRIX

TABLE 7: VENDOR LANDSCAPE

TABLE 8: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

FIGURE LIST

FIGURE 1: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY CONNECTIVITY TYPE, 2018 & 2027 (IN %)

FIGURE 2: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY SHORT RANGE, 2019-2027 (IN $ BILLION)

FIGURE 3: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY LONG RANGE, 2019-2027 (IN $ BILLION)

FIGURE 4: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY CLOUD, 2019-2027 (IN $ BILLION)

FIGURE 5: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY ROADWAYS, 2019-2027 (IN $ BILLION)

FIGURE 6: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY MARINE, 2019-2027 (IN $ BILLION)

FIGURE 7: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY AIRWAYS, 2019-2027 (IN $ BILLION)

FIGURE 8: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY RAILWAYS, 2019-2027 (IN $ BILLION)

FIGURE 9: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS), 2019-2027 (IN $ BILLION)

FIGURE 10: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY TRACKING, 2019-2027 (IN $ BILLION)

FIGURE 11: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY OPTIMIZATION, 2019-2027 (IN $ BILLION)

FIGURE 12: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, BY OTHER APPLICATION, 2019-2027 (IN $ BILLION)

FIGURE 13: PORTER’S FIVE FORCE ANALYSIS

FIGURE 14: VALUE CHAIN ANALYSIS

FIGURE 15: NORTH AMERICA SMART FLEET MANAGEMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 16: UNITED STATES SMART FLEET MANAGEMENT MARKET, 2019-2027 (IN $ BILLION)

FIGURE 17: CANADA SMART FLEET MANAGEMENT MARKET, 2019-2027 (IN $ BILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY CONNECTIVITY
    • SHORT RANGE
    • LONG RANGE
    • CLOUD
  2. MARKET BY TRANSPORTATION MODE
    • ROADWAYS
    • MARINE
    • AIRWAYS
    • RAILWAYS
  3. MARKET BY APPLICATION
    • ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS)
    • TRACKING
    • OPTIMIZATION
    • OTHER APPLICATION

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