- 11 July 2018 17:06
Fleet Management and The Internet of Things : Rising need for vehicle safety
Advancements in vehicular internet connectivity resulting in increasing rate of adoption for IoT fleet management across the globe. IoT fleet management provides various solutions such as fuel management, vehicle tracking and monitoring, remote diagnostics, fleet analytics, predictive maintenance, and driver performance tracking and monitoring.
Increasing development and rising adoption of smartphones, smart devices, internet services, and digital software are expected to create lucrative opportunity for manufacturers operating in the target market.
> Rising need for vehicle safety and optimum operational efficiencies is a key factor expected to drive growth of the global market over the forecast period.
> In addition, increasing adoption and compatibility of tablets, smartphones, and other smart devices with vehicles are other factors expected to fuel growth of the target market.
> Furthermore, government regulations and initiatives for intelligent transportation systems which promotes development of vehicle connectivity technologies, resulting in increasing adoption of IoT technologies across the globe.