Goto

Collaborating Authors

IoT Fleet Management Market worth 8.28 Billion USD by 2021 IoT For All

#artificialintelligence

The report "IoT Fleet Management Market by Platform (Device Management, Application Enablement Platform, and Network Management), Services (Professional, Managed), Cloud Deployment (Public, Private, Hybrid), Solutions, Fleet Type, and Region – Global Forecast to 2021″, The key factors driving the growth of the IoT fleet management market are increased demand for optimized business operations, real-time fleet monitoring, and growing number of government mandates for fleet safety. The IoT fleet management market is estimated to grow from USD 3.16 Billion in 2016 to USD 8.28 Billion by 2021, at a CAGR of 21.26% during the forecast period. Browse through 78 market data tables and 58 figures spread across 160 pages, and an in-depth TOC of "IoT Fleet Management Market – Global Forecast to 2021" "Routing Management holds the largest share in IoT Fleet Management market" Routing management accounted for the largest share of the IoT fleet management market, by solutions. The growth of this segment can be attributed to rising global road freight traffic and constant R&D activities to develop innovative products. According to the Road Freight Transport Statistics of European Commission (EC), the road freight transport of European countries increased by 2.2% in 2015, as compared to 2014, and was the highest in the last five years.


How Artificial Intelligence Technology is changing Transportation

#artificialintelligence

There are many opinions about how Artificial Intelligence (AI) is going to change the world with expectations about its capabilities for now and in the future. AI simply refers to intelligence displayed by machines in contrast to that displayed by humans. Although humans are intelligent, they cannot be programmed to exceed their current capabilities in the same way a machine can. This has led to the creation of smart machines that handle tasks otherwise difficult for humans to handle efficiently. Artificial intelligence is gradually becoming a constant presence in many technological applications.


Artificial Intelligence will shape the future of Transportation and Fleet Management

#artificialintelligence

Fleet management is one of the areas that AI is disrupting. The growing need to put driver safety first without compromising cost or efficiency has led to the adoption of smart fleet management systems. For the average driver, the presence of AI can be felt heavily in the use of smartphones and telematics devices that recommend the best routes to take in traffic. This used to be a herculean task marked by paper maps and listening to radio broadcasts of traffic routes; today, we have complex traffic apps that combine GPS and artificial intelligence to make drivers' lives easier. Fleets benefit from powerful AI-based applications that handle anything from route recommendation to road risk data analysis and even driver coaching.


Artificial Intelligence will shape the future of Transportation and Fleet Management

#artificialintelligence

Fleet management is one of the areas that AI is disrupting. The growing need to put driver safety first without compromising cost or efficiency has led to the adoption of smart fleet management systems. For the average driver, the presence of AI can be felt heavily in the use of smartphones and telematics devices that recommend the best routes to take in traffic. This used to be a herculean task marked by paper maps and listening to radio broadcasts of traffic routes; today, we have complex traffic apps that combine GPS and artificial intelligence to make drivers' lives easier. Fleets benefit from powerful AI-based applications that handle anything from route recommendation to road risk data analysis and even driver coaching.


How AI Fleet Management Will Shape the Future of Transportation

#artificialintelligence

There are many opinions about how Artificial Intelligence (AI) is going to change the world with expectations about its capabilities for now and in the future. AI simply refers to intelligence displayed by machines in contrast to that displayed by humans. Although humans are intelligent, they cannot be programmed to exceed their current capabilities in the same way a machine can. This has led to the creation of smart machines that handle tasks otherwise difficult for humans to handle efficiently. Artificial intelligence is gradually becoming a constant presence in many technological applications.