IoT Fleet Management Market Trends

IoT Fleet Management Market Trends

The growing need for real-time vehicle and driver monitoring encouraging market players to launch new solutions in the market. For instance, in September 2023, Viso.ai launched pothole detection feature which can be used in vehicles to get real time road conditionssing. Pothole detection computer vision applications find many applications in transportation, handling assets, smart cities, road maintenance, and road management systems. With the advent of automatic pothole detecting devices, potholes may now be found more quickly, allowing for prompt repairs and lower road maintenance costs.
 

The demand for cloud-based solutions is expected to grow, as organizations are discovering the advantages of cloud platforms in terms of scalability, flexibility, and cost-effectiveness. With the improved accessibility offered by cloud-based solutions, customers can monitor and optimize fleet operations from a distance. They also make it easier to integrate with other company systems, which promotes cooperation and data exchange. Cloud-based solutions facilitate sustained market expansion by enabling enterprises to fulfill regulatory compliance criteria and manage complex fleets efficiently by securely storing and processing massive volumes of fleet data.