

The global IoT Fleet Management market size is predicted to grow from US$ 14290 million in 2025 to US$ 46630 million in 2031; it is expected to grow at a CAGR of 21.8% from 2025 to 2031.
A fleet management system is formed by the integration of hardware, software, and communication technologies. It provides a platform to fleet operators to efficiently control, track, and monitor commercial vehicles. They improve the overall operational efficiency by reducing the non-value-added activities of the operators. Fuel cards are used for fuel management while driver safety systems monitor driver behavior. Other solutions are employed for locational tracking of vehicles, driver navigation assistance, and ensuring that the operators meet the regulatory standards set by their respective national governments.
The Internet of Things (IoT) helps in smooth connectivity of all the vehicles in a fleet, which not only helps to gain better insight into the driver"s behavior but also assists in monitoring the health of the fleet from any device. Rising demand for fleet safety and data management coupled with the growing need to reduce the total cost of ownership (TCO) and achieve fuel efficiency are anticipated to drive the adoption of IoT technology in fleet management systems.
Global IoT Fleet Management main players are Trimble, Omnitracs, Fleetmatics (Verizon), AT&T, etc. Top four companies hold a share above 45%. North America is the largest market, with a share about 35%.
The “IoT Fleet Management Industry Forecast” looks at past sales and reviews total world IoT Fleet Management sales in 2024, providing a comprehensive analysis by region and market sector of projected IoT Fleet Management sales for 2025 through 2031. With IoT Fleet Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT Fleet Management industry.
This Insight Report provides a comprehensive analysis of the global IoT Fleet Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on IoT Fleet Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Fleet Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Fleet Management and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT Fleet Management.
This report presents a comprehensive overview, market shares, and growth opportunities of IoT Fleet Management market by product type, application, key players and key regions and countries.
Segmentation by Type:
Passenger Vehicles
Commercial Vehicles
Segmentation by Application:
Routing Management
Tracking and Monitoring
Fuel Management
Remote Diagnostics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trimble
Omnitracs
Fleetmatics (Verizon)
AT&T
IBM
Teletrac Navman
TomTom
Oracle
Intel
Cisco Systems
Sierra Wireless
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global IoT Fleet Management Market Size (2020-2031)
2.1.2 IoT Fleet Management Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for IoT Fleet Management by Country/Region (2020, 2024 & 2031)
2.2 IoT Fleet Management Segment by Type
2.2.1 Passenger Vehicles
2.2.2 Commercial Vehicles
2.3 IoT Fleet Management Market Size by Type
2.3.1 IoT Fleet Management Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global IoT Fleet Management Market Size Market Share by Type (2020-2025)
2.4 IoT Fleet Management Segment by Application
2.4.1 Routing Management
2.4.2 Tracking and Monitoring
2.4.3 Fuel Management
2.4.4 Remote Diagnostics
2.4.5 Others
2.5 IoT Fleet Management Market Size by Application
2.5.1 IoT Fleet Management Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global IoT Fleet Management Market Size Market Share by Application (2020-2025)
3 IoT Fleet Management Market Size by Player
3.1 IoT Fleet Management Market Size Market Share by Player
3.1.1 Global IoT Fleet Management Revenue by Player (2020-2025)
3.1.2 Global IoT Fleet Management Revenue Market Share by Player (2020-2025)
3.2 Global IoT Fleet Management Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 IoT Fleet Management by Region
4.1 IoT Fleet Management Market Size by Region (2020-2025)
4.2 Global IoT Fleet Management Annual Revenue by Country/Region (2020-2025)
4.3 Americas IoT Fleet Management Market Size Growth (2020-2025)
4.4 APAC IoT Fleet Management Market Size Growth (2020-2025)
4.5 Europe IoT Fleet Management Market Size Growth (2020-2025)
4.6 Middle East & Africa IoT Fleet Management Market Size Growth (2020-2025)
5 Americas
5.1 Americas IoT Fleet Management Market Size by Country (2020-2025)
5.2 Americas IoT Fleet Management Market Size by Type (2020-2025)
5.3 Americas IoT Fleet Management Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC IoT Fleet Management Market Size by Region (2020-2025)
6.2 APAC IoT Fleet Management Market Size by Type (2020-2025)
6.3 APAC IoT Fleet Management Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe IoT Fleet Management Market Size by Country (2020-2025)
7.2 Europe IoT Fleet Management Market Size by Type (2020-2025)
7.3 Europe IoT Fleet Management Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa IoT Fleet Management by Region (2020-2025)
8.2 Middle East & Africa IoT Fleet Management Market Size by Type (2020-2025)
8.3 Middle East & Africa IoT Fleet Management Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global IoT Fleet Management Market Forecast
10.1 Global IoT Fleet Management Forecast by Region (2026-2031)
10.1.1 Global IoT Fleet Management Forecast by Region (2026-2031)
10.1.2 Americas IoT Fleet Management Forecast
10.1.3 APAC IoT Fleet Management Forecast
10.1.4 Europe IoT Fleet Management Forecast
10.1.5 Middle East & Africa IoT Fleet Management Forecast
10.2 Americas IoT Fleet Management Forecast by Country (2026-2031)
10.2.1 United States Market IoT Fleet Management Forecast
10.2.2 Canada Market IoT Fleet Management Forecast
10.2.3 Mexico Market IoT Fleet Management Forecast
10.2.4 Brazil Market IoT Fleet Management Forecast
10.3 APAC IoT Fleet Management Forecast by Region (2026-2031)
10.3.1 China IoT Fleet Management Market Forecast
10.3.2 Japan Market IoT Fleet Management Forecast
10.3.3 Korea Market IoT Fleet Management Forecast
10.3.4 Southeast Asia Market IoT Fleet Management Forecast
10.3.5 India Market IoT Fleet Management Forecast
10.3.6 Australia Market IoT Fleet Management Forecast
10.4 Europe IoT Fleet Management Forecast by Country (2026-2031)
10.4.1 Germany Market IoT Fleet Management Forecast
10.4.2 France Market IoT Fleet Management Forecast
10.4.3 UK Market IoT Fleet Management Forecast
10.4.4 Italy Market IoT Fleet Management Forecast
10.4.5 Russia Market IoT Fleet Management Forecast
10.5 Middle East & Africa IoT Fleet Management Forecast by Region (2026-2031)
10.5.1 Egypt Market IoT Fleet Management Forecast
10.5.2 South Africa Market IoT Fleet Management Forecast
10.5.3 Israel Market IoT Fleet Management Forecast
10.5.4 Turkey Market IoT Fleet Management Forecast
10.6 Global IoT Fleet Management Forecast by Type (2026-2031)
10.7 Global IoT Fleet Management Forecast by Application (2026-2031)
10.7.1 GCC Countries Market IoT Fleet Management Forecast
11 Key Players Analysis
11.1 Trimble
11.1.1 Trimble Company Information
11.1.2 Trimble IoT Fleet Management Product Offered
11.1.3 Trimble IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Trimble Main Business Overview
11.1.5 Trimble Latest Developments
11.2 Omnitracs
11.2.1 Omnitracs Company Information
11.2.2 Omnitracs IoT Fleet Management Product Offered
11.2.3 Omnitracs IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Omnitracs Main Business Overview
11.2.5 Omnitracs Latest Developments
11.3 Fleetmatics (Verizon)
11.3.1 Fleetmatics (Verizon) Company Information
11.3.2 Fleetmatics (Verizon) IoT Fleet Management Product Offered
11.3.3 Fleetmatics (Verizon) IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Fleetmatics (Verizon) Main Business Overview
11.3.5 Fleetmatics (Verizon) Latest Developments
11.4 AT&T
11.4.1 AT&T Company Information
11.4.2 AT&T IoT Fleet Management Product Offered
11.4.3 AT&T IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 AT&T Main Business Overview
11.4.5 AT&T Latest Developments
11.5 IBM
11.5.1 IBM Company Information
11.5.2 IBM IoT Fleet Management Product Offered
11.5.3 IBM IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 IBM Main Business Overview
11.5.5 IBM Latest Developments
11.6 Teletrac Navman
11.6.1 Teletrac Navman Company Information
11.6.2 Teletrac Navman IoT Fleet Management Product Offered
11.6.3 Teletrac Navman IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Teletrac Navman Main Business Overview
11.6.5 Teletrac Navman Latest Developments
11.7 TomTom
11.7.1 TomTom Company Information
11.7.2 TomTom IoT Fleet Management Product Offered
11.7.3 TomTom IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 TomTom Main Business Overview
11.7.5 TomTom Latest Developments
11.8 Oracle
11.8.1 Oracle Company Information
11.8.2 Oracle IoT Fleet Management Product Offered
11.8.3 Oracle IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Oracle Main Business Overview
11.8.5 Oracle Latest Developments
11.9 Intel
11.9.1 Intel Company Information
11.9.2 Intel IoT Fleet Management Product Offered
11.9.3 Intel IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Intel Main Business Overview
11.9.5 Intel Latest Developments
11.10 Cisco Systems
11.10.1 Cisco Systems Company Information
11.10.2 Cisco Systems IoT Fleet Management Product Offered
11.10.3 Cisco Systems IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Cisco Systems Main Business Overview
11.10.5 Cisco Systems Latest Developments
11.11 Sierra Wireless
11.11.1 Sierra Wireless Company Information
11.11.2 Sierra Wireless IoT Fleet Management Product Offered
11.11.3 Sierra Wireless IoT Fleet Management Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Sierra Wireless Main Business Overview
11.11.5 Sierra Wireless Latest Developments
12 Research Findings and Conclusion
*If Applicable.