Latin America Internet Of Things Fleet Management Market Size & Outlook
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Latin America internet of things fleet management market highlights
- The Latin America internet of things fleet management market generated a revenue of USD 436.6 million in 2023.
- The market is expected to grow at a CAGR of 13.6% 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.
Latin America data book summary
| Market revenue in 2023 | USD 436.6 million |
| Market revenue in 2030 | USD 1,065.9 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Vehicle tracking & monitoring |
| Fastest growing segment | Vehicle tracking & monitoring |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vehicle tracking & monitoring |
| Key market players worldwide | Intel 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, Latin America region accounted for 6.2% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Telenor Connexion | View profile | 51-100 | Solna, Stockholms Lan, Sweden, Europe | http://www.telenorconnexion.com |
| Amazon Web Services | View profile | 10001+ | Seattle, Washington, United States, North America | http://aws.amazon.com |
| Geotab | View profile | 1001-5000 | Oakville, Ontario, Canada, North America | http://www.geotab.com/ |
| Telefonica SA | View profile | 104142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | https://www.telefonica.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Kore Group Holdings Inc | View profile | 600 | 3 Ravinia Drive, Suite 500, Atlanta, GA, United States, 30346 | https://www.korewireless.com |
| Semtech Corp | View profile | 1917 | 200 Flynn Road, Camarillo, CA, United States, 93012-8790 | https://www.semtech.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Latin America 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 Latin America internet of things fleet management market based on vehicle tracking & monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of internet of things fleet management market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America internet of things fleet management market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America internet of things fleet management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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