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Road Fleet Management: A Mature Market with a Growing Ecosystem of Devices

  • Internet of Things
  • IoT
  • Hyperconnectivity
  • Connected Vehicles
  • Matt Arnott
  • Suruchi Dhingra
This report summarises the status and forecasts from the Road Fleet Management Application Group found in the Transforma Insights Connected Things IoT forecast. The report provides a description of what is covered in the Application Group, as well as top-level figures from the forecast that provide detail on how many connected devices will be installed, the types of communication technology used and the total revenue opportunity. Full details are accessible through the TAM Forecast tool.

Report summary

This report provides Transforma Insights’ view on the Road Fleet Management Application Group. Road Fleet Management covers in-vehicle transportation logistics including job allocation, vehicle tracking, vehicle and driver monitoring, maintenance planning, safety compliance, fuel management, and incident management. Its key features focus on productivity, safety, fleet optimization, and compliance. Delivery options are based on agreement length, offered either as a 'service' or 'service and hardware.'

Despite the rise of factory-fitted solutions, aftermarket devices remain more common. They can be battery-powered or use the vehicle's internal electrical system. Some OEMs have created their own software, while others collaborate with fleet management providers like Verizon Connect.

Growing OEM investments in telematics is driving long-term fleet management growth. OEM telematics enable vehicle connectivity 'over the air,' thereby eliminating the need for aftermarket devices and reducing hardware costs for smaller fleets. However, challenges arise as OEM systems may struggle to integrate with existing fleet management solutions, especially in fleets with vehicles from various manufacturers.

The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used and revenue.

A full set of forecast data, including country-level forecasts, sector breakdowns and public/private network splits, is available through the IoT Forecast tool.

Key market developments in Road Fleet Management Application Group

The report examines key factors that are influencing the development of the market, including:

Vehicle Telematics Devices

This section of the report talks about the benefits of installing fleet management solutions in commercial vehicles and how they have benefitted users. For instance, a survey by Verizon claims that using GPS fleet tracking technology has decreased fuel costs and accidents by 8% and 11% respectively. It also talks about the secondary benefits of fleet telematics (apart from cost savings) like real-time monitoring of goods and lists some of the major fleet telematics solution providers like GeoTab and GPS Insight.

It also provides some examples of relevant IoT deployments in this application like PT Serasi Autoraya (SERA) creating a fleet management solution with the help of Accenture, Microsoft, and Avanade, and onboarding 2,700 vehicles onto the platform within 10 months of its launch.

Tyre Pressure Monitoring Systems

This section begins with the uses (like monitoring air pressure inside tyres) and benefits (like increasing fuel efficiency and extending tyre life) of Tyre Pressure Monitoring Systems (TPMS). It then focuses on the two types of TPMS systems available in the market- direct (dTPMS) and indirect (iTPMS) and talks about the major differences between the two. For example, while dTMPS use hardware sensors installed inside the valve of wheels, iTPMS do not use separate dedicated physical sensors.

This section also mentions some relevant IoT deployments in this application. For example, Hato Bus Company deployed Bridgestone's Tirematics service, which captures data from bus tyre sensors via micro.sp as they enter depots. It then transmits this data via a cellular network into Microsoft Azure. From there, data may be viewed, alerts generated, and data can be sent to other tire audit tools used by the company.

Electronic Logging Devices (ELDs)

This section begins with a definition of ELDs (Electronic Logging Devices) and their features (like capturing data on vehicle movement, engine speed, distance driven, and duration of engine operation). The discussion highlights that countries with established ELD regulations, such as the USA and Canada, experience higher adoption rates. However, in many other countries, factors like cost and privacy concerns hinder their quick adoption.

It also includes some examples of relevant IoT deployments in this application, like Dohrn Transfer Company utilising Samsara for ELD compliance, routing and dispatch efficiency, and preventive maintenance.

In-Cab Displays

This section begins with the features of In-Cab Displays, like providing information to the driver or fleet manager through custom data inputs and accurate navigation, thereby saving fuel and getting instant driver feedback. It also talks about one of the major barriers to their adoption – cost, which makes them unsuitable for small fleets.

A few examples of relevant IoT deployments in this application have also been included here. For instance, Australia-based Star Track worked with M2M Connectivity and MyFleet, and deployed a fleet tracking solution across its fleet, integrating it with its back office and maintenance systems.

Market forecasts for Road Fleet Management

In the market forecasts section, we provide a summary of the forecasts from the Transforma Insights IoT Forecast Database:


The report charts the growth in the number of road fleet management devices which will grow from 81 million in 2020 to 234 million in 2030.

Transforma Insights forecasts are compiled on a country-by-country basis. This report includes a regional summary, showing splits between Australasia, Greater China, North America, Europe, Japan, Latin America, MENA, Russia & Central Asia, South East Asia, South Korea, India & South Asia, and Sub-Saharan Africa.


Transforma Insights’ IoT forecasts include splits between the various connectivity technologies as follows: 2G, 3G, 4G, 5G mMTC, 5G non-mMTC, LPWA (non-mMTC), Satellite, Short Range, and Other.

This section discusses which technologies will be used in the Road Fleet Management Application Group.


This part of the report discusses the market growth in terms of revenue (module revenue, service wrap revenue, and VAC revenue). Transforma Insights estimates that the revenue in the Road Fleet Management Application Group will grow at a CAGR of 10%.

  • Accenture
  • Avanade
  • Dohrn Transfer
  • Federal Motor Carrier Safety Administration
  • Fleet Complete
  • Ford
  • GeoTab
  • GoFleet
  • GPS Insight
  • Hino
  • John Deere
  • Linfox
  • Microsoft
  • Platform Science
  • PT Serasi Autoraya
  • Samsara
  • Samsung
  • Savage
  • Telstra
  • Tyrewatch
  • Verizon
  • Volvo
  • Werner Enterprises
  • West Yorkshire Police
  • Internet of Things
  • Hyperconnectivity
    • Agriculture, Forestry & Fishing
    • Construction
    • Mining & Quarrying
    • Transportation & Storage