Portland, OR -- (SBWIRE) -- 08/04/2017 -- Smart fleet management track vehicles in real time to reduce idle time and transportation costs and thereby increasing the operational efficiency. These functions can be dealt in two ways-first option is an independent in-house fleet-management department and the second is to outsource the fleet-management. The data obtained from the fleet management is used to measure operating & maintenance cost of vehicle, make a cost-effective decision or enhance safety or take decisions accordingly. A smart fleet management system is more than a location tracker for trucks and other commercial vehicles. It also monitors activities and behaviors that can put driver or companys reputation at risk.

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The market has been segmented into transportation type, connectivity, solution, and geography. The transportation type is segmented into automotive, rolling stone, marine. The connectivity is segmented into short, long, cloud. The solution is segmented into tracking and optimization.

Market Dynamics:

Drivers:

Government Regulations
Need of High Speed Network
Restraints:

Complex and Expensive Technology
Lack of Adaptability in Developing Nations

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Market Players:
Top market players profiled in the report are Robert Bosch GmbH, Continental AG, Denso Corporation, Harman International Industries, Inc., Siemens AG, IBM Corporation, Sierra Wireless, Inc., Cisco Systems, Inc., Calamp Corp., and Precious Shipping Public Company Ltd.

MARKET LANDSCAPE

By Transportation Type
Automotive
Rolling Stock
Marine

By Connectivity
Short
Long
Cloud

By Solution
Tracking
Optimization

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By Geography
North America
U.S.
Canada
Mexico