Europe Internet Of Things Fleet Management Market Size & Outlook

The internet of things fleet management market in Europe is expected to reach a projected revenue of US$ 4,664.0 million by 2030. A compound annual growth rate of 14.2% is expected of Europe internet of things fleet management market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,846.2
Forecast, 2030 (US$M)
$4,664.0
CAGR, 2024 - 2030
14.2%
Report Coverage
Europe

Europe internet of things fleet management market highlights

  • The Europe internet of things fleet management market generated a revenue of USD 1,846.2 million in 2023.
  • The market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
  • In terms of segment, vehicle tracking & monitoring was the largest revenue generating solution in 2023.
  • Vehicle tracking & monitoring is the most lucrative solution segment registering the fastest growth during the forecast period.

Europe data book summary

Market revenue in 2023USD 1,846.2 million
Market revenue in 2030USD 4,664.0 million
Growth rate14.2% (CAGR from 2023 to 2030)
Largest segmentVehicle tracking & monitoring
Fastest growing segmentVehicle tracking & monitoring
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVehicle tracking & monitoring
Key market players worldwideIntel Corp, Amazon Web Services, Cisco Systems Inc, Telefonica SA, Semtech Corp, Oracle Corp, AT&T, Telenor Connexion, Kore Group Holdings Inc, Geotab

Other key industry trends

  • In terms of revenue, Europe region accounted for 26.3% of the global internet of things fleet management market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 6,399.3 million by 2030.

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Internet of Things Fleet Management Market Scope

Internet of things fleet management market segmentation & scope
Fleet Analytics
Fuel Management
Predictive Maintenance
Remote Diagnostics
Others
Deployment
Private
Public
Hybrid
Enterprise Size
Large Enterprise
Small and Medium Enterprise
Platform
Device Management
Application Enablement
Network Management
Service
Professional
Managed

Internet of Things Fleet Management Market Companies

Name Profile # Employees HQ Website

Europe internet of things fleet management market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to internet of things fleet management market will help companies and investors design strategic landscapes.


Vehicle tracking & monitoring was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe internet of things fleet management market based on vehicle tracking & monitoring covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Internet of Things Fleet Management Solution Outlook (Revenue, USD Million, 2018-2030)
    • Vehicle tracking & monitoring
    • Fleet Analytics
    • Fuel Management
    • Predictive Maintenance
    • Remote Diagnostics
    • Others
  • Europe Internet of Things Fleet Management Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Private
    • Public
    • Hybrid
  • Europe Internet of Things Fleet Management Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprise
    • Small and Medium Enterprise
  • Europe Internet of Things Fleet Management Platform Outlook (Revenue, USD Million, 2018-2030)
    • Device Management
    • Application Enablement
    • Network Management
  • Europe Internet of Things Fleet Management Service Outlook (Revenue, USD Million, 2018-2030)
    • Professional
    • Managed

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  • Our clientele includes a mix of internet of things fleet management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe internet of things fleet management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe internet of things fleet management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe internet of things fleet management market

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