Dublin, July 09, 2025 (GLOBE NEWSWIRE) -- The "Iot Fleet Management Market Outlook 2025-2034: Market Share, and Growth Analysis By Platform (Device Management, Application Enablement Platform (AEP), Network Management),By Services ,By Cloud Type ,By Fleet Type ,By Application" has been added to ResearchAndMarkets.com's offering.

IoT Fleet Management Market to Surge with 14.0% CAGR, Forecast to Hit USD 36.3 Billion by 2034

The global IoT Fleet Management Market, valued at USD 11.2 billion in 2025, is projected to reach an impressive USD 36.3 billion by 2034, driven by a compound annual growth rate (CAGR) of 14.0%. This robust growth is attributed to the increasing adoption of IoT-enabled solutions across logistics, transportation, and other industries, enhancing vehicle fleet operations.

Fleet solutions utilizing IoT technology offer extensive capabilities, from real-time monitoring of vehicle location and fuel usage to driver behavior analysis and cargo condition tracking. These solutions enable fleet operators to optimize routes, minimize downtime, improve fuel efficiency, and adhere to safety and environmental standards. By integrating GPS, telematics, onboard diagnostics, and AI-driven analytics, fleet management has transformed from reactive to predictive operations, particularly as supply chains digitize and fuel costs vary.

In recent years, the market has seen widespread adoption in developed and emerging economies. Key players such as Geotab, Samsara, Verizon Connect, and Trimble have launched AI-powered telematics for predictive maintenance and safety assessments, while logistics companies have embraced sensors for monitoring perishable and high-value cargo. Regulatory shifts in the EU and North America necessitate updates to fleet tracking systems for emissions compliance and electronic logging devices.

Regions like Latin America and Southeast Asia have adopted GPS solutions to tackle theft and enhance delivery reliability. The surge in electric vehicle (EV) management, featuring battery monitoring and carbon offset tracking, indicates a trend towards sustainability. Cloud-powered dashboards further empower dispatchers with comprehensive insights into fleet operations.

Future projections for 2025 and beyond include advancements like autonomous vehicle integration, advanced video telematics, and vehicle-to-everything (V2X) communication. AI will optimize dynamic routing, factoring in variables such as traffic and weather conditions. Enhanced driver experiences with voice-assistants and fatigue detection tools aim to reduce accidents.

The IoT fleet management landscape is increasingly focused on sustainability, with platforms showing insights into emissions reduction and ESG compliance. This market evolution positions IoT platforms as strategic tools for decision-making, safety, and sustainable operations across diverse mobility ecosystems.

Insights and Trends

• AI-driven driver behavior tools promote safer driving and lower insurance costs by tracking harsh braking and distractions.
• Real-time cold chain monitoring ensures the integrity of sensitive cargo such as pharmaceuticals and electronics.
• EV-specific solutions are rising, offering route planning and cost optimization for electric fleets.
• Video telematics enhances incident reporting and driver training through integrated camera and sensor data.
• Fleet management platforms are transitioning into comprehensive mobility ecosystems, combining ride-hailing and delivery services.
• Rising fuel costs drive fleet owners towards IoT solutions for effective route and fuel analytics.
• Regulatory compliance is pushing companies towards implementing fleet transparency solutions.
• Asset security concerns are leading to increased adoption of IoT sensors for theft and tampering detection.
• Interest in connected fleet platforms is growing due to the focus on electrification and sustainability reporting.
• Data fragmentation and connectivity issues present challenges in consolidating fleet data insights.

Market Segmentation and Analytics

• Platforms include Application Enablement Platform (AEP) and Network Management.
• Services focus on Managed solutions.
• Cloud types segmented into Private and Hybrid.
• Fleet categories cover Passenger Cars and Commercial Vehicles.
• Applications range from Driver Information Systems to Fleet Analytics and Tracking.

Key Attributes:

Companies Featured

• Verizon Communications Inc
• AT&T Inc
• Intel Corporation
• International Business Machines Corporation (IBM)
• Cisco Systems Inc
• Oracle Corporation
• Telefonica S.A
• Northrop Grumman Corporation
• Honeywell International Inc
• Webfleet Solutions (Bridgestone Mobility Solutions B.V.)
• Telefonaktiebolaget LM Ericsson
• Trimble Inc
• Viasat Inc
• Sierra Wireless Inc
• Geotab Inc
• TomTom International B.V.
• Omnitracs LLC
• CalAmp Corp
• KORE Wireless Group Inc
• Teletrac Navman US Ltd
• Inseego Corp
• HydraForce Inc
• Telit Communications PLC
• Aeris Communications Inc
• Gurtam
• Fleet Complete
• Vnomics Corp
• Particle Industries Inc
• Simon IoT LLC
• Monogoto Ltd

For more information about this report visit https://www.researchandmarkets.com/r/mdx567

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• Iot Fleet Management Market