There are approximately 18.5 million fleet vehicles, five million commercial trailers, and 1.3 million pieces of heavy construction equipment in the U.S. alone. Overall, this market revenue is estimated to grow from $4.8 billion in 2018 to $6.8 billion in 2022.
Due to this, IoT fleet management solutions are growing in popularity for technology distributors due to the industry versatility and recurring revenue achievable.
Find out why adding fleet management technology enhances your technology portfolio and prepares you for the growing market!