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The global IoT fleet management market is expected to see rapid growth in the next few years, reaching $14.32 billion in 2028 at a CAGR of 15.8%. This growth can be attributed to factors such as integration with autonomous vehicles, expansion of e-commerce and last-mile delivery, and adoption of predictive analytics. Major companies in the market include Verizon, AT&T, Intel, IBM, and Cisco.