DUBLIN, September 21, 2021--(BUSINESS WIRE)--The "North America Smart Fleet Management Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The smart fleet management market in North America is estimated to develop with 7.73% of CAGR in the projected years 2021-2028. The United States and Canada together comprise the market in this region.
Additionally, there has been a significant rise in the workers being employed in this sector. The development of the construction sector is also set to raise the adoption of fleet vehicles to complete construction tasks, which will boost the adoption of smart fleet management solutions.
Companies based here are launching new products. For instance, ID Systems Inc introduced PowerFleet Essence, a new category of telematics platforms for industrial trucks, used in small- and medium-sized fleets for logistics, distribution, manufacturing, and retail.
Another company, AT&T Inc, launched a fleet management solution to cater to the growing requirements of small businesses, enterprises, and government organizations. It has integrated the fleet tracking platform provided by Geotab with its own IoT platform to launch a comprehensive solution.
This is expected to boost productivity, improve safety, control costs, and manage compliance for the company's customers. These developments indicate that the smart fleet management market in the United States will witness substantial growth in the forecast period.
Some of the prime players in the smart fleet management market include ID Systems Inc (PowerFleet Inc), Denso Corporation, Robert Bosch GmbH, International Business Machines Corporation, Tech Mahindra Limited, and Sierra Wireless Inc.
Key Topics Covered:
1. North America Smart Fleet Management Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on the Smart Fleet Management Industry
2.2. Key Insights
2.2.1. Growing Interest Towards Cloud-Based Smart Fleet Management Solutions
2.2.2. Emergence of Intelligent Transportation Systems
2.2.3. Fuel Management & Vehicle Monitoring
2.3. Porter's Five Forces Analysis
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Key Market Strategies
2.8. Market Drivers
2.8.1. Demand for Streamlining Fleet Operations
2.8.2. Rapid Development in Network Infrastructure and Declining Hardware Costs
2.8.3. Proactive Initiatives Towards Vehicle Safety and Emission
2.9. Market Challenges
2.9.1. High Costs & Security Concerns
2.10. Market Opportunities
2.10.1. Introduction of Connected Technologies in Vehicles
2.10.2. Incorporation of Real-Time Fleet Monitoring Systems in Automobiles
3. North America Smart Fleet Management Market Outlook - by Connectivity
3.1. Short Range
3.2. Long Range
4. North America Smart Fleet Management Market Outlook - by Transport Type
5. North America Smart Fleet Management Market Outlook - by Application
5.4. Fuel Cards
5.5. Automatic Vehicle Identification
6. North America Smart Fleet Management Market - Regional Outlook
6.1. United States
7. Competitive Landscape
Sierra Wireless Inc
ID Systems Inc (PowerFleet Inc)
Tech Mahindra Limited
Cisco Systems Inc
Robert Bosch GmbH
International Business Machines Corporation
Zonar Systems Inc
For more information about this report visit https://www.researchandmarkets.com/r/dnk2kd
View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005852/en/
Laura Wood, Senior Press Manager
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