According to a new report by Grand View Research, the value of the global Internet of Things (IoT) fleet management market is predicted to hit $ 16.86 billion by 2025 – at a compound annual growth rate (CAGR) of 20.8 percent.
Fleet management covers a range of systems and tools, with each sharing the aim of improving productivity and keeping both customers and company accountants happy. Many of these tools rely on IoT technologies, connecting vehicle-specific data to a central platform for tracking and analysis.
The advantages of deploying fleet management solutions are becoming clear to logistics companies, and to any business with a highly mobile workforce. Benefits range from using GPS tracking to pinpoint where employees are at a given moment, to route optimisation, remote diagnostics, automated administration, and improved driver safety.
But arguably the biggest benefits lie in fleet analytics, especially for companies that have highly mobile workforces. With enough source data, usage patterns begin to emerge. This means that driver performance can be correlated with working hours, for example, and vehicle maintenance can become proactive rather than reactive.
The result is a double win: fleet operators can increase operational efficiency at the same time as reducing expenses.
Key findings from the fleet management market report
The Grand View Research report hinges on connectivity. For fleet management systems to offer benefits in real time, wireless connectivity and a supporting infrastructure are obvious essentials. This is why the technology has been adopted in Europe and North America faster and more widely than anywhere else, says the report.
It predicts that regional markets where connectivity is already established will continue to grow steadily in the coming years.
However, it is expected that countries with booming ecommerce markets, such as India and China, will also see a spike in fleet management adoption, as authorities and businesses develop more efficient transport and delivery systems. As a result, the report pinpoints the Asia Pacific IoT fleet management market as the most promising region over the forecast period.
Aside from geographical variations, the report suggests that, within the sector, device management – covering sensors, smart tags, and mobile devices – will be the fastest-growing hotspot, with a CAGR of 21.7 percent.
Internet of Business says
The IoT’s smart mix of connected assets, dashboard management, and usage data is proving to have countless applications in business, of which fleet management is just one. But with most existing vehicles fast depreciating in value – a problem that may be solved in the long run by the on-demand use of autonomous vehicles – and with fleets being expensive to run, fuel, and insure, IoT insights could prove invaluable, not just on companies’ bottom lines, but also in terms of minimising the environmental impact.
The post Global fleet management market to hit $ 16bn by 2025 appeared first on Internet of Business.
Huawei might be one of the biggest smartphone companies in the world right after Samsung and Apple, but unlike its competitors, it was lacking an in-house globally available app store. This changes now as the Chinese company announced the launch of AppGallery, available for download by all Huawei smartphones. Owners P20 and P20 Pro are lucky enough and already have it pre-installed. Huawei AppGallery screenshots AppGallery comes with 5 tabs – Featured, Category, Top, Manager, and the last one being Me where is all the user settings and app preferences. Since Huawei is…
How many websites are you familiar with that are truly global? You can probably think of a few, and some of the largest online companies will likely come to mind including Facebook, Amazon, eBay, a couple of travel sites and maybe a few others. There’s a lot of potential in specific local markets throughout the world, but expanding it to a global scale can help you reach a much wider audience and grow significantly faster. Why don’t we see many more companies succeed at going global? While many businesses simply prefer to focus on a limited audience — and are…
Xiaomi has started rolling out the MIUI 9.5 update for the Redmi Note 5 in India. The update changes the version number to v126.96.36.199.NEGMIFA. The update brings a whole host of changes and improvements. You can read all the changes in the images below. Changelog The update is now rolling out via OTA download but if you like you can also download and flash the ROM manually from the link below. The Redmi Note 5 is one of the newest Xiaomi phones to be launched in India. Known as the Redmi 5 Plus in China, it serves as the replacement for the popular Redmi Note 4 from last year…
As mobile becomes “central to building business growth for brands,” per the Mobile Marketing Association, the MMA has revealed the first-ever shortlists of the MMA SMARTIES Business Impact Index for both Global and North America markets.
The Business Impact Index is the world’s only ranking of the marketing industry’s top agencies, marketers, brands and technology providers delivering the highest level of business impact through mobile-first campaigns.
“As demands placed on brands are higher than ever, it is critical that marketers and their agencies understand the true impact campaigns have against marketing objectives, both on an individual basis as well as their cumulative efforts,” says Sheryl Daija, Chief Strategy Officer, MMA. “The SMARTIES Business Impact Index forces focus on what ultimately matters, overall business growth. With this expansion to the SMARTIES program, which already identifies and recognizes the most innovative mobile campaigns, the Index now benchmarks what success looks like and the SMARTIES Case Study Hub gives our membership the most comprehensive body of leading work that inspires, guides and informs future advances in mobile marketing.”
The methodology for the MMA SMARTIES Business Impact Index was developed in close collaboration with WARC, the global authority on advertising and media effectiveness. The rankings leverage the finalist and winner data from the previous year’s (in this case 2017) SMARTIES Awards programs across the globe using a proprietary methodology to determine the business impact, assigning points to campaigns and the organizations.
“We were happy to partner with the MMA and lend our expertise to produce a benchmark and guidance to the industry for what matters in the emerging mobile marketing space,” says David Tiltman, Head of Content at WARC. “The MMA SMARTIES Business Impact Index will show what work is making the most impact, which agencies are leading the pack and driving change, and what success in mobile looks like.”
The 2018 SMARTIES Awards is now open to accept entries. For more information or to submit work for consideration, visit http://www.mmaglobal.com/smarties2018.
Afraid that Facebook knows everything about you? It probably does. And there’s good reason to believe you’re being monitored by many other sites and platforms you would never suspect such spy activity from.
“Last weekend, the New York Times revealed that data analytics firm Cambridge Analytica misused data from as many as 50 million Facebook profiles to aid messaging tied to the Trump campaign in the 2016 presidential election,” phys.org reports. “The Federal Trade Commission has since opened an investigation into Facebook, but the entire incident has left social media users concerned about their own privacy online and how their information is being used.”
Without question, consumers are undoubtedly catching on to the practice of data-hungry social networking sites and apps. And they’re taking steps to safeguard their data, privacy, and online browsing habits in massive numbers.
Recent reports show that Internet users are taking more and more steps to safeguard their privacy and that fully 25% of all Internet users worldwide are now using Internet privacy tools to protect their personal information from being recorded or tracked in some way.
A report to which MMW was privy estimates that 28% of Internet users are now using tools that “cover their online tracks” when using the internet. A corresponding survey also found that 56% of internet users are under the impression that their personal privacy is being eroded by Internet use.
Interestingly, the huge increase in privacy tools used in China shows that the number of people using Facebook and Twitter is much higher than previously thought. It was estimated that among the Chinese, 34% were somehow hiding their online identity. The reason, as far as the study shows, is to use YouTube (60%) and to gain access to social networks as previously mentioned (55%).
“Everybody is focusing on Facebook right now because it’s been in the news, but the way every social media platform makes money is by selling your data,” the phys.org report adds. “It’s important to be aware that most apps you use have some type of tracking software built in. Some of it can be controlled by restricting the data you make available to social network platforms, but only to the extent that the platforms have privacy settings limiting how they can share that data.”
As a direct result of mounting concerns, a large segment of the population is striving to mask their IP addresses when surfing online. “The reasons why you might want to mask your IP address may include: Hiding your geographical location, preventing Web tracking, avoiding a digital footprint, or to bypass any content filters, bans or blacklisting,” a leading authority on the matter reports. To learn more, try this site.
As for what’s next for Facebook, that much isn’t yet clear, beyond the looming investigation.
“The FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook,” said Tom Pahl, acting director of the FTC’s Bureau of Consumer Protection, in a CNN report. “Today, the FTC is confirming that it has an open non-public investigation into these practices.”
The post Privacy Tools Used By Growing Percentage of the Global Online Population appeared first on Mobile Marketing Watch.
PUBG Mobile update 0.4.0 patch notes for English USA market on both Android and iOS are out now in public.
[ Continue reading this over at RedmondPie.com ]
Chinese mobile giant Huawei unveiled its new flagship phones today at a splashy ceremony in Paris, as the company moves aggressively to raise its profile outside its home territory. Like nearly all major smartphone vendors, Huawei primarily emphasized advances in the phone’s camera system, including greater use of artificial intelligence to i…Read More
Apple – VentureBeat
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