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The global internet of things (IoT) fleet management market size is expected to touch USD 16.86 billion by 2025LONDON, April 3, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5360572 Further key findings from the study suggest: • Device management is the fastest growing platform at a CAGR of 21.7% during the forecast period. Need for managing the rising number of connected IoT devices is playing a pivotal role in the growth of the segment • As managed services play a significant role in managing, monitoring, and reducing the operational cost of the complex Internet of things fleet management eco system, the segment is poised to register the highest CAGR of 22.0% during the same period • Benefits such as low cost and higher flexibility are projected to drive the hybrid cloud deployment segment. The segment is expected to experience the fastest growth over the forecast period • Booming e-commerce market in countries such as India and China has created the demand for efficient transportation systems. Thus, the Asia Pacific IoT fleet management market is anticipated to be the most promising region over the forecast period • Some of the prominent industry participants operating in the market are AT&T; Cisco Systems, Inc.; Verizon; Trimble Inc.; Intel Corporation; IBM; Omnitracs; Tomtom International BV; Sierra Wireless; and Telefónica. Download the full report: https://www.reportbuyer.com/product/5360572 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-internet-of-things-iot-fleet-management-market-size-is-expected-to-touch-usd-1686-billion-by-2025-300623619.html SOURCE ReportBuyer |