B2B Connected Fleet Services Market Research Report Forecast till 2030

B2B Connected Fleet Services Market Size was esteemed at USD 8.1 billion out of 2022. The B2B Connected Fleet Services market industry is projected to develop from USD 8.6 billion out of 2023 to USD 56.1 billion by 2030, displaying a compound annual growth rate (CAGR) of 20.3% during the review period. The rising job of the Web of Things, fast advancement in connected services, developing interest for auto security, and rising interest for fleet administration services from business transportation organizations will drive the market of B2B connected fleet services.

5G turns out to be all the more broadly accessible across globe, fleet administration programming turns out to mean a lot to remain in front of the opposition and increment efficiency. A deficiency of expert drivers, diligent store network difficulties, and a lack of business fleet administrators are driving the interest for such Fleet Sorts. Organizations are attempting to keep up with vehicles so free time is diminished, course productively to use their conveyance limit, screen driver execution to lessen mishaps, and establish an open to workplace so drivers stay with them.

Moreover, with the assistance of programming stages and the gigantic measure of information created by their vehicles, organizations are attempting to keep up with their vehicles and lessen personal time. As per Verizon Interface, as 5G organizations empower a higher degree of network, request will just ascent. Expedient 5G organizations, as per the organization, will want to deal with the information created by connected vehicles as they produce more data all the more as often as possible.

Market Segmentation

Based on Service Type, the B2B Connected Fleet Services market is segmented into the following categories: Driver Management, Vehicle Tracking, Remote Diagnostics, Vehicle Tracking and Recovery, and Others.

The category is split into Conventional and Electric categories based on Fleet Type.

The section is split into passenger cars, trucks, buses, and others, per the application.

Regional Insights

North America represented the biggest portion of income in 2022. The public authority of this region has assumed a very critical part in expanding the market for fleet assistance lately. The severe guidelines and rules in the North American region have effectively diminished the quantity of outflows that come from utilizing vehicles and to lessen the contamination brought about by vehicles the rigid guidelines are convincing the business with comply to the arrangements.

The Asia-Pacific region is supposed to have the biggest market CAGR in the B2B Connected Fleet Services market. The developing utilization of fleets across various end-client areas like assembling, electrical and gadgets, planned operations, warehousing, and auto, among others, is supposed to drive the B2B connected fleet help market during the figure timetable..

Major Players

Key Companies in the B2B Connected Fleet Services market include Hyundai Motor Company, Bosch Mobility Solutions, Verizon Connect, Scania, Aptiv, UD Trucks Corporation, Telefonaktiebolaget LM Ericsson (Ericsson), Michelin Group, Merchants Fleet, DAF Trucks N.V., and Toyota Motor Corporation.

Product Code: MRFR/ICT/10576-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 14

2 MARKET INTRODUCTION 16

2.1 DEFINITION 16
2.2 SCOPE OF THE STUDY 16
2.3 MARKET STRUCTURE 16

3 RESEARCH METHODOLOGY 17

4 MARKET DYNAMICS 23

4.1 INTRODUCTION 23
4.2 DRIVERS 24
- 4.2.1 RISING ROLE OF THE INTERNET OF THINGS (IOT) 24
- 4.2.2 RAPID INNOVATION IN CONNECTED SERVICES 24
- 4.2.3 GROWING DEMAND FOR AUTOMOTIVE SAFETY 25
- 4.2.4 RISING DEMAND FOR FLEET MANAGEMENT SERVICES FROM THE COMMERCIAL TRANSPORTATION BUSINESSES 25
- 4.2.5 DRIVERS IMPACT ANALYSIS 26
4.3 RESTRAINTS 26
- 4.3.1 DATA SECURITY CONCERNS 26
4.4 OPPORTUNITIES 27
- 4.4.1 RAPID ROLLOUT OF 5G TECHNOLOGY 27
- 4.4.2 GROWING ADVANTAGES OF TELEMATICS IMPLEMENTATION FOR FLEET MANAGEMENT 28
4.5 IMPACT ANALYSIS OF COVID-19 29
- 4.5.1 IMPACT ON TRANSPORTATION BUSINESS 29
- 4.5.2 THE IMPACT ON CONNECTED FLEET MANAGEMENT SOFTWARE 29
- 4.5.3 IMPACT ON 5G TECHNOLOGY 29
- 4.5.4 THE IMPACT ON IT SPENDING 30
- 4.5.5 YOY GROWTH 2020-2022 30

5 MARKET FACTOR ANALYSIS 31

5.1 SUPPLY CHAIN ANALYSIS 31
- 5.1.1 SERVICE PROVIDERS 31
- 5.1.2 SYSTEM INTEGRATORS 31
- 5.1.3 END USERS 32
5.2 PORTER'S FIVE FORCES MODEL 32
- 5.2.1 THREAT OF NEW ENTRANTS 32
- 5.2.2 BARGAINING POWER OF SUPPLIERS 33
- 5.2.3 THREAT OF SUBSTITUTES 33
- 5.2.4 BARGAINING POWER OF BUYERS 33
- 5.2.5 INTENSITY OF RIVALRY 33

6 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY TYPE 34

6.1 OVERVIEW 34
- 6.1.1 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY TYPE, 2018-2030 (USD MILLION) 34
6.2 VEHICLE TRACKING 35
6.3 REMOTE DIAGNOSTICS 35
6.4 DRIVER MANAGEMENT 35
6.5 STOLEN VEHICLE TRACKING 36
6.6 OTHERS 36

7 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE 37

7.1 OVERVIEW 37
- 7.1.1 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 37
7.2 CONVENTIONAL 38
7.3 ELECTRIC 38

8 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION 39

8.1 OVERVIEW 39
- 8.1.1 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 39
8.2 PASSENGER CARS 40
8.3 TRUCKS 40
8.4 BUSES 40
8.5 OTHERS 40

9 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY REGION 41

9.1 OVERVIEW 41
- 9.1.1 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY REGION, 2018-2030 (USD MILLION) 41
- 9.1.2 GLOBAL B2B CONNECTED FLEET SERVICE MARKET, BY REGION, 2021 VS 2030 (USD MILLION) 42
9.2 NORTH AMERICA 42
- 9.2.1 NORTH AMERICA: B2B CONNECTED FLEET SERVICE MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 42
- 9.2.2 NORTH AMERICA B2B CONNECTED FLEET SERVICE MARKET, BY TYPE, 2018-2030 (USD MILLION) 43
- 9.2.3 NORTH AMERICA B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 44
- 9.2.4 NORTH AMERICA B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 45
- 9.2.5 US 46
- 9.2.6 US B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 46
- 9.2.7 US B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 46
- 9.2.8 US B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 46
- 9.2.9 CANADA 47
- 9.2.10 CANADA B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 47
- 9.2.11 CANADA B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 47
- 9.2.12 CANADA B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 47
- 9.2.13 MEXICO 48
- 9.2.14 MEXICO B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 48
- 9.2.15 MEXICO B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 48
- 9.2.16 MEXICO B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 48
9.3 EUROPE 49
- 9.3.1 EUROPE: B2B CONNECTED FLEET SERVICE MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 49
- 9.3.2 EUROPE B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 50
- 9.3.3 EUROPE B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 51
- 9.3.4 EUROPE B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 52
- 9.3.5 UK 53
- 9.3.6 UK B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 53
- 9.3.7 UK B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 53
- 9.3.8 UK B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 53
- 9.3.9 GERMANY 54
- 9.3.10 GERMANY B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 54
- 9.3.11 GERMANY B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 54
- 9.3.12 GERMANY B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 54
- 9.3.13 FRANCE 55
- 9.3.14 FRANCE B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 55
- 9.3.15 FRANCE B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 55
- 9.3.16 FRANCE B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 55
- 9.3.17 ITALY 56
- 9.3.18 ITALY B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 56
- 9.3.19 ITALY B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 56
- 9.3.20 ITALY B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 56
- 9.3.21 REST OF EUROPE 57
- 9.3.22 REST OF EUROPE B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 57
- 9.3.23 REST OF EUROPE B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 57
- 9.3.24 REST OF EUROPE B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 57
9.4 ASIA-PACIFIC 58
- 9.4.1 ASIA-PACIFIC: B2B CONNECTED FLEET SERVICE MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 58
- 9.4.2 ASIA-PACIFIC B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 59
  - 9.4.2.1 ASIA-PACIFIC B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 60
- 9.4.3 ASIA-PACIFIC B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 61
- 9.4.4 CHINA 61
- 9.4.5 CHINAB2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 61
- 9.4.6 CHINAB2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 62
- 9.4.7 CHINAB2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 62
- 9.4.8 JAPAN 62
- 9.4.9 JAPAN B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 62
- 9.4.10 JAPAN B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 63
- 9.4.11 JAPAN B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 63
- 9.4.12 INDIA 63
- 9.4.13 INDIA B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 63
- 9.4.14 INDIA B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 63
- 9.4.15 INDIA B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 64
- 9.4.16 SOUTH KOREA 64
- 9.4.17 SOUTH KOREA B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 64
- 9.4.18 SOUTH KOREA B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 64
- 9.4.19 SOUTH KOREA B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 65
- 9.4.20 REST OF ASIA-PACIFIC 65
- 9.4.21 REST OF ASIA-PACIFICB2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 65
- 9.4.22 REST OF ASIA-PACIFICB2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 65
- 9.4.23 REST OF ASIA-PACIFICB2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 66
9.5 MIDDLE EAST & AFRICA 67
- 9.5.1 MIDDLE EAST AND AFRICA B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 67
- 9.5.2 MIDDLE EAST AND AFRICA B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 68
- 9.5.3 MIDDLE EAST AND AFRICA B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 68
9.6 SOUTH AMERICA 70
- 9.6.1 SOUTH AMERICA B2B CONNECTED FLEET SERVICE MARKET, BY SERVICE TYPE, 2018-2030 (USD MILLION) 70
- 9.6.2 SOUTH AMERICA B2B CONNECTED FLEET SERVICE MARKET, BY FLEET TYPE, 2018-2030 (USD MILLION) 70
- 9.6.3 SOUTH AMERICA B2B CONNECTED FLEET SERVICE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 71

10 COMPETITIVE LANDSCAPE 72

10.1 COMPETITIVE BENCHMARKING 73
10.2 VENDOR SHARE ANALYSIS 74
10.3 RECENT DEVELOPMENTS 74
- 10.3.1 PRODUCT DEVELOPMENT 74
- 10.3.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 75

11 COMPANY PROFILES 77

11.1 HYUNDAI MOTOR COMPANY 77
- 11.1.1 COMPANY OVERVIEW 77
- 11.1.2 FINANCIAL OVERVIEW 78
- 11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 78
- 11.1.4 KEY DEVELOPMENTS 79
- 11.1.5 SWOT ANALYSIS 79
- 11.1.6 KEY STRATEGIES 80
11.2 BOSCH MOBILITY SOLUTIONS 81
- 11.2.1 COMPANY OVERVIEW 81
- 11.2.2 FINANCIAL OVERVIEW 82
- 11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 83
- 11.2.4 KEY DEVELOPMENTS 83
- 11.2.5 SWOT ANALYSIS 84
- 11.2.6 KEY STRATEGIES 84
11.3 VERIZON CONNECT 85
- 11.3.1 COMPANY OVERVIEW 85
- 11.3.2 FINANCIAL OVERVIEW 85
- 11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 86
- 11.3.4 KEY DEVELOPMENTS 86
- 11.3.5 SWOT ANALYSIS 87
- 11.3.6 KEY STRATEGIES 87
11.4 SCANIA 88
- 11.4.1 COMPANY OVERVIEW 88
- 11.4.2 FINANCIAL OVERVIEW 89
- 11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 89
- 11.4.4 KEY DEVELOPMENTS 90
- 11.4.5 SWOT ANALYSIS 90
- 11.4.6 KEY STRATEGIES 90
11.5 APTIV 91
- 11.5.1 COMPANY OVERVIEW 91
- 11.5.2 FINANCIAL OVERVIEW 92
- 11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 93
- 11.5.4 KEY DEVELOPMENTS 93
- 11.5.5 SWOT ANALYSIS 93
- 11.5.6 KEY STRATEGIES 94
11.6 UD TRUCKS 95
- 11.6.1 COMPANY OVERVIEW 95
- 11.6.2 FINANCIAL OVERVIEW 95
- 11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 96
- 11.6.4 KEY DEVELOPMENTS 96
- 11.6.5 SWOT ANALYSIS 96
- 11.6.6 KEY STRATEGIES 96
11.7 TELEFONAKTIEBOLAGET LM ERICSSON 97
- 11.7.1 COMPANY OVERVIEW 97
- 11.7.2 FINANCIAL OVERVIEW 98
- 11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 99
- 11.7.4 KEY DEVELOPMENTS 99
- 11.7.5 SWOT ANALYSIS 99
- 11.7.6 KEY STRATEGIES 99
11.8 MICHELIN CONNECTED FLEET 100
- 11.8.1 COMPANY OVERVIEW 100
- 11.8.2 FINANCIAL OVERVIEW 101
- 11.8.3 KEY DEVELOPMENTS 102
- 11.8.4 SWOT ANALYSIS 102
- 11.8.5 KEY STRATEGIES 102
11.9 MERCHANTS FLEET 103
- 11.9.1 COMPANY OVERVIEW 103
- 11.9.2 FINANCIAL OVERVIEW 103
- 11.9.3 PRODUCTS 103
- 11.9.4 KEY DEVELOPMENTS 103
11.10 DAF TRUCKS N.V. 104
- 11.10.1 COMPANY OVERVIEW 104
- 11.10.2 FINANCIAL OVERVIEW 104
- 11.10.3 KEY DEVELOPMENTS 105
- 11.10.4 SWOT ANALYSIS 105
- 11.10.5 KEY STRATEGIES 106
11.11 TOYOTA 107
- 11.11.1 COMPANY OVERVIEW 107
- 11.11.2 FINANCIAL OVERVIEW 107
- 11.11.3 KEY DEVELOPMENTS 108
- 11.11.4 SWOT ANALYSIS 109
- 11.11.5 KEY STRATEGIES 109