IoT Fleet Management Market Size, Share, Trend, Forecast, & Industry Analysis 2029

The global IoT fleet management market is expanding as a result of rising fleet car numbers, increased road freight traffic, and rising environmental pollution levels worldwide. Based on collected data, it is anticipated that sales of commercial vehicles will rise by almost 25% during the course of the projection year. Thus, it is anticipated that rising worldwide commercial vehicle sales and expanding logistics and transportation businesses with less maintenance costs will fuel market expansion.