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World Winter Sports (Beijing) Expo 2023 Opened, Forging Ahead in the Post-Olympic Era

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The World Winter Sports (Beijing) Expo 2023 (WWSE) kicked off with its Opening Ceremony & Main Conference on September 15, 2023, at the Shougang Park, Beijing. This three-day event revolved around the theme of “Forging Ahead”. With exhibitions, forums, and supporting activities, the WWSE aims to drive the development of winter sports, facilitate international exchanges in the ice and snow industry, and continuously enhance the industry’s value. The organizer behind this grand event is Asia Digital Group.

Highlighting internationalization, specialization, and popularization as usual, this edition of WWSE has further strengthened the integration of global ice and snow resources. Over 450 brands from more than 20 countries and regions, including AustriaItalyCanadaNew ZealandFranceJapan, and Slovenia, showcased their captivating ice and snow offerings.

The first day of the WWSE witnessed the presence of dignitaries who delivered speeches during the Opening Ceremony & Main Conference. Notable guests included Thomas Bach, President of the International Olympic Committee (IOC), Chang Wei, Secretary of the CPC Shijingshan District Committee of Beijing Municipality, Ivo Ferriani, Member of the IOC Executive Board, and President of the Association of International Olympic Winter Sports Federations (AIOWF), the SportAccord and the International Bobsleigh and Skeleton Federation, among others.

IOC President Thomas Bach expressed that the Shougang Park, the venue for this WWSE, is one of the most iconic venues of the 2022 Beijing Olympic Winter Games and an excellent example of the sustainable development and transformation of Olympic legacies. The hosting of this expo will take the legacy of the Beijing 2022 to new heights and provide an excellent opportunity to outline the development direction of winter sports in China and the world at large.

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Secretary Chang Wei stated that Shijingshan has capitalized on the significant historical opportunity presented by the Beijing Olympic Winter Games. It has become the first demonstration district in China in terms of involving 300 million people in winter sports and as well a district that has embraced both the Olympic Summer and Winter Games. In the post-Winter Olympic era, Shijingshan will enhance its efforts to preserve the legacies of the Olympics and drive innovation in the ice and snow industry. By leveraging this remarkable event in the ice and snow industry, Shijingshan will continue to flourish as a fashionable emerging sports hub with focus on the ice and snow sector.

President Ivo Ferriani emphasized that the Beijing Olympic Winter Games have achieved remarkable results and it is crucial to advance the sustainable development of winter sports in the post-Winter Olympic era. Firstly, substantial investments are needed in popularizing ice and snow activities and nurturing the next generation of athletes in winter sports. Secondly, there should be enhanced funding for winter sports infrastructure. Additionally, a strong focus should be placed on environmental responsibility, including the adoption of renewable energy sources.

Furthermore, video keynote speeches were delivered by President of the International Luge Federation Einars Fogelis, President of the International Ski Federation Johan Eliasch, President of the International Ice Hockey Federation Luc Tardif, President of the World Curling Federation Beau Welling, and President of the International Biathlon Union Olle Dahlin.

In recent years, China and Italy have fostered fruitful exchange in their preparations for the Olympic Winter Games, resulting in notable achievements in sports collaboration, economic and trade cooperation, and academic exchanges centered around the Games. During the event, Valerio Malfatto, Founder of the Jam Session Ski Academy in Italy, Italian National Coach, and Celebrity with Over One Million Followers, delivered an inspiring speech titled “2022-2026 Olympic Winter Games, Strengthening the Bond Between China and Italy Through Sport”. In his address, he introduced Italy’s ski resorts and destinations and its advancements in skiing technology, presented its initiatives for the 2022-2026 period, and expressed his heartfelt desire for a deeper connection between China and Italy in terms of the Olympic Winter Games.

A summit dialogue on Green Development and Social Responsibilities of Winter Sports Industry was held on-site, with Zhang Li, Executive Vice President of Asia Digital Group, as the moderator. It involved such distinguished guests as Günther Platter, Former Austrian Interior Minister and Defence Minister and Former Governor of Tyrol, Yang Yang, First Gold Medallist for China at the Olympic Winter Games, Member of the Committee on Education, Science, Health and Sport of the National Committee of the CPPCC, and Vice President of the World Anti-Doping Agency, Gianpaolo Bruno, Chief Representative of the Beijing Office of the Italian Foreign Trade Commission and General Coordinator of China and MongoliaDaniela Chiani, Director for Greater China of the Switzerland Tourism, Zhao Yinggang, Chairman of the China Sled Association, Deputy Director of the Sustainable Development Committee of the BOCOG, and Winner of the Chinese Olympic Gold Medal, and Tong Jian, World Champion in Figure Skating.

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During the summit dialogue, Mr. Günther Platter emphasized the need for the ice and snow industry to prioritize green technology innovation. He urged for better education of citizens and encouraged public investments in green solutions to foster long-term sustainable development.

Ms. Yang Yang highlighted the potential of leveraging sports to foster a harmonious coexistence between people and nature, while promoting the widespread participation in winter sports. She emphasized the necessity for enterprises to drive the development of the ice and snow industry through a focus on the principles of green economy, green sports, and green ice and snow.

Chairman Zhao Yinggang shared important insights on the green development of the ice and snow industry. Firstly, it’s necessary to maintain public participation in winter sports. Secondly, green standards for venue construction and operation need to be established following the Olympic Winter Games. Thirdly, China’s economic transformation can be accelerated through winter sports competitions and ice and snow tourism. Fourthly, a favourable platform needs to be built for international and domestic industry exchange and high-tech cooperation in the field of environmentally-friendly ice and snow activities.

Chief Representative Gianpaolo Bruno presented key principles and directions of Italy’s green development strategy. These include preserving natural resources, safeguarding the environment for future generations while unlocking economic potential, and promoting the use of renewable energy in the ice and snow industry.

Director Daniela Chiani outlined Switzerland’s development proposal to advance the “Sustainable Switzerland” initiative within the ice and snow industry, which  emphasizes striking a balance between environmental, social, and economic progress, and integrating all stakeholders towards sustainable tourism and winter sports.

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World Champion Tong Jian emphasized that sustainable and green development in the ice and snow industry should prioritize people-oriented principles. This entails exploring opportunities for long-term involvement of non-athletic talents and enthusiasts, facilitating professional transitions for athletes after retirement, and harnessing the cultural empowerment of winter sports.

WWSE 2023 has continued to uphold the platform advantages of being the pioneering global expo in the ice and snow industry, offering continuous support for the development of winter sports. In this context, the Global Ice and Snow Industry Alliance has emerged as a key initiative. The establishment ceremony of the alliance was held at the Main Conference, signifying its commitment to connecting resources throughout the entire industry chain. The alliance aims to achieve linkage between various sectors and foster resource sharing. In addition, it serves as a crucial bridge between production, supply, and sales enterprises within the industry.

In the afternoon of September 15, a distinguished group of individuals were present and delivered speeches. Among them were Ge Jun, Deputy Director of the Beijing Municipal Bureau of Sports, Li Xianxia, Executive Deputy Mayor of Shijingshan District and Member of the Standing Committee of the CPC Shijingshan District Committee of Beijing Municipality, Zheng Fang, Professor of Hundred Excellent Talents Project of Beijing Jiaotong University, and Chief Designer of the National Speed Skating Hall and the Curling Arena in the National Aquatics Center, Xing Xiaoyan, Professor and Doctoral Supervisor of Capital University of Physical Education and Sports, Lu Peng, CEO of Sunac China and President of BONSKI, and Michael Mayr, Sales Director of Italian TechnoAlpin Group in Asia, and Zhang Li, Executive Vice President of Asia Digital Group.

In his speech, Deputy Director Ge Jun highlighted the benefits of winter sports. He emphasized that these sports not only showcase the immense physical challenges they entail but also play a significant role in promoting healthy lifestyles and fostering social and cultural development. The cold resources in the ice and snow industry are being transformed into a thriving sector. As the world’s first dual Olympic city, Beijing is committed to further enhancing the participation and satisfaction of its citizens in winter sports. Moreover, Beijing aims to maintain close collaboration with both domestic and international ice and snow enterprises and institutions in order to stimulate the growth of ice and snow tourism as well as facilitate cultural exchange initiatives.

Executive Deputy Mayor Li Xianxia of Shijingshan District delivered a comprehensive introduction on the consistent progress achieved in the ice and snow industry and the consequential enhancement of regional economic growth within the dual Olympic district. He elaborated on several key aspects, including the development of iconic urban landmarks, the pattern of industrial openness, innovation within the ice and snow industry, and the investment environment. He emphasized the imperative utilization of the legacies left by the Olympic Winter Games in Shijingshan, stressing that the present moment presents a favourable opportunity for economic transformation. Furthermore, he highlighted limitless opportunities existing in the fertile land of West Beijing. He extended a call to action, urging global industry leaders to collaborate in shaping a promising future beyond the Olympic Winter Games, working hand in hand towards this shared goal.

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In his keynote speech titled “Low Carbon Ice and Snow Venues in Technology-Empowered Olympic Winter Games”, Prof. Zheng Fang shared valuable insights into the construction and operation of ice and snow venues. From a professional standpoint, he provided a series of advanced examples that demonstrate the implementation of low-carbon concepts in the construction and subsequent operation of venues for the Beijing 2022. The focus on hosting carbon-neutral Games has led to significant changes in Beijing’s urban construction and development philosophy. As winter sports continue to develop, ice and snow venues are playing a crucial role in the “dual carbon” goal. They have taken on an important mission to contribute to reducing carbon emissions and promoting sustainability. It is hoped that the successful demonstration of low-carbon cities and future smart cities during the Beijing 2022 will offer valuable assistance and inspiration for sustainable urban construction in the post-Winter Olympic period as well as the advancement of environmentally friendly and green technologies for ice and snow venues.

Prof. Xing Xiaoyan delivered a keynote speech titled “Beijing Olympic Winter Games and Participation of College Student Volunteers in Winter Sports“. Drawing upon relevant research data, she elucidated the positive  influenceof the Games on the sports engagement and health of Chinese college students. The hosting of the Games has yielded remarkable improvement in the health of college students, showcasing a notable degree of sustainability. Moreover, the Games have exerted a profound promoting effect on non-sports college student volunteers, demonstrating their potential to inspire a greater engagement in winter sports. The atmosphere during the volunteer service period of the Games has attracted certain groups to embrace and actively participate in winter sports.

President Lu Peng of BONSKI delivered an exceptional speech around “Promoting the Popularization of Skiing in China and the High-Quality Development of the Industry”. BONSKI, through its brand operation, has successfully brought skiing to urban areas and fostered the growth of the industry. Its vision is to extend ski resorts from indoor facilities to outdoor vacation destinations, while leveraging education and competitions to drive the widespread adoption of skiing. This endeavour aims to facilitate a profound integration of ice and snow activities within the Chinese society. A high-quality skiing lifestyle not only demonstrates the spirit of progress but also gives rise to new aspirations for a better life.

Sales Director Michael Mayr of Italian TechnoAlpin Group in Asia delivered a wonderful speech on “Innovation in Ice and Snow Equipment Technology Facilitating Industry Development”. The skiing industry in China holds immense growth potential, and TechnoAlpin, as an equipment provider, is dedicated to delivering top-notch snow quality, ensuring extended availability duration, promoting environmentally friendly and efficient snowmaking systems, as well as aiding ski resorts in reducing costs and operational expenses. TechnoAlpin employs software to connect all its systems, enabling comprehensive automated teaching management and maximizing the efficiency of ski resort operations.

China’s ice and snow economy is currently experiencing a remarkable period of growth, driven by the strategic objective of involving 300 million individuals in winter sports. Executive Vice President Zhang Li of Asia Digital Group released the “Report on the Development of China’s Ice and Snow Industry (2023)” during the event. The report outlines the key developments and changes within the ice and snow industry during 2022. A notable development is the substantial growth of ice and snow tourism, which can be attributed to the increasing number of consumers showing interest in winter activities. In addition, the ice and snow manufacturing industry has experienced rapid growth, thanks to favourable policies. Looking ahead to 2023, the report identifies key areas for high growth in the industry, including ice and snow consumption, digital ice and snow technologies, and cross-border integration.

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In the concluding segment of the Main Conference, Prof. Xing Xiaoyan led a roundtable discussion on the Socioeconomic Effects of Winter Sports. Esteemed guests participating in the discussion included Zhang Guihai, Director of Heilongjiang Province Ice and Snow Industry Research Institute, and Professor and Doctoral Supervisor at Harbin Sport University, Wang Bingyu, World Champion in Curling, Xiong Xiaojie, Chairman of Times Culture & Tourism, Author of “Xiong Xiaojie Talks About Culture and Tourism”, and Consultant to the Advertising Department of CCTV, and Peng Yuanyuan, Director of People’s Winter Sports and People’s Sports at People’s Daily Online.

During the discussion, Prof. Zhang Guihai emphasized that Heilongjiang Province has taken the lead in formulating a post-Winter Olympics development plan for the ice and snow industry. He expressed his belief that the ice and snow industry will serve as a new driving force for the revitalization of the ice and snow economy in Heilongjiang, as well as for Northeast China as a whole, following the conclusion of the Games. Curling World Champion Wang Bingyu underlined the social and diplomatic significance of sports. She highlighted that sports, particularly winter sports, provide an excellent platform for young people to foster friendships and facilitate exchanges between different countries and ethnic groups.

Chairman Xiong Xiaojie of Times Culture & Tourism provided analysis on the tourism impacts of ice and snow from two perspectives: ice and snow sports, and ice and snow lifestyle. He highlighted the growing influence of sports such as skiing and skating, particularly among young people, which has ignited social media and sparked a surge in winter sports participation. Additionally, the experiences, emotions, visual appeal, and interactive nature associated with ice and snow activities are contributing to the development of a new lifestyle and a new scene within the realm of culture and tourism. Consequently, both winter sports and the ice and snow lifestyle are poised to become significant catalysts for the development of culture and tourism.

Director Peng Yuanyuan shared reports on the technology-empowered Olympic Winter Games, emphasizing the fusion of winter sports and social interaction. This harmonious blend effectively mirrors the character of the people, enabling the public to actively participate in these activities and experience a sense of joy, which is considered a fundamental need of social interaction.

During the Opening Ceremony, a group of officials and leaders visited the exhibition and spoke highly of the preparations. Among the attendees were Chang Wei, Secretary of the CPC Shijingshan District Committee of Beijing Municipality, Li Xin, Mayor of Shijingshan District and Deputy Secretary of the CPC Shijingshan District Committee of Beijing Municipality, Wang Zhiyong, Deputy Mayor of Shijingshan District, Shi Fenghua, Deputy Director of the Beijing Municipal Bureau of Sports, Ge Jun, Deputy Director of the Beijing Municipal Bureau of Sports, Ivo Ferriani, Member of the IOC Executive Board, and President of the Association of International Olympic Winter Sports Federations (AIOWF), the SportAccord and the International Bobsleigh and Skeleton Federation, and Zhao Yinggang, Chairman of the China Sled Association, Deputy Director of the Sustainable Development Committee of the BOCOG, and Winner of the Chinese Olympic Gold Medal. They mainly visited the booths for AustriaItaly, TechnoAlpin Group, Yanqing District, Yulin City, Shijingshan District, and BONSKI. Those accompanying them were President Zhu Dongfang and Executive Vice President Zhang Li of Asia Digital Group, among others.

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Popularizing Winter Sports Through Exhibitions to Facilitate the Development of the Ice and Snow Industry

This WWSE boasts a vast exhibition area spanning nearly 20,000 square meters. It has successfully attracted both domestic and international exhibitors, including international winter sports federations, event venues, ice and snow countries, winter sports facilities, equipment brands, and winter sports destinations. This diverse array of exhibitors ensures that visitors can enjoy a wide range of displays and fresh experience.

The Pavilion for Ice and Snow Countries showcased a splendid collection of ice and snow powers, international winter sports federations, government organizations, event venues, leading winter sports manufacturers, renowned clothing brands, ski resorts, and training systems. Countries like ItalyAustria, and other influential players in the field of ice and snow presented their abundant offerings of ice and snow products and deep-rooted ice and snow culture through their well-established brands. This provides visitors with a remarkable opportunity to intimately experience the allure of these ice and snow powerhouses.

The Winter & Alpine Technology exhibition area displayed a wide range of large hardware equipment, including snowmobiles, cableways, magic carpets, snowmakers, snow groomers, and snowplows. It also featured renowned winter sports equipment, indoor ice and snow technology, roller skating and dry skiing equipment, clothing brands, and ice and snow incubation. TechnoAlpin Group presented equipment specifically designed for large-scale ice and snow events, creating captivating snow drift scenes that demonstrated their impressive technical prowess and innovative technologies.

The Pavilion for Ice and Snow Provinces and Cities served as a comprehensive platform for showcasing China’s winter sports provinces and cities, as well as highlighting the robust ice and snow economy. Booths representing Yanqing, Shijingshan, Shougang, and Yulin offered a display of abundant ice and snow resources and the latest accomplishments in this sector. The Yanqing booth presented venue construction and event planning in the post-Winter Olympic era. Besides, exceptional enterprises from Yanqing showcased cutting-edge sports technologies. At the Shougang booth, visitors experienced innovative ice and snow consumption scenarios that emphasized the sustainable utilization of Olympic Winter Games legacies. Cold resources within the ice and snow industry have been transformed into a thriving sector. The Yulin booth, featuring renowned enterprises like Seven Sheep and Sheep Leader, showcased the wool and cashmere industry with local characteristics.

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The Winter Tourism Destinations exhibition area showcased a wide range of domestic and international ski resorts, holiday resorts, signature towns, travel agencies, clubs, ice and snow events, and winter tourism resources. It presented a diverse landscape of ice and snow cities, offering rich experience of ice and snow culture and tourism. Among them, BONSKI displayed the latest ice and snow service scenarios and innovative models, including indoor and outdoor skiing and youth ice and snow campsites. Heilongjiang Ice and Snow showed its own resource advantages by presenting high-quality ice and snow tourism products and ice and snow consumption scenarios with various highlights. Yulan Sports Base introduced exciting sports and new experiences such as all-terrain vehicles, kayaking, stand-up paddleboarding, electric surfboarding, and rescue rafting.

The Personal Winter Sports Equipment exhibition area featured a wide range of winter sports apparel and equipment, protective wearable devices, winter sports accessories, and intelligent hardware. Gee Cool introduced a comprehensive service platform that covers 17 popular sports including skiing, skateboarding, cycling, and surfing. It provides users with essential functions such as artificial intelligence sports assistants and venue recommendations. Senlinxue showcased its notable accomplishments in ski resort design, equipment supply, and the operation and management of scenic areas.

The Ice and Snow Carnival offered a wide array of ice and snow events, themed displays, and unique experiential activities, providing viewers with an up-close experience of the charm of winter sports and ice and snow culture. The event brought together ice and snow brands, enthusiasts, and models to create a spectacular ice and snow fashion feast. Energetic models showcased innovative and captivating winter sports clothing, featuring the latest designs from renowned domestic and international ice and snow brands such as WILDSNOW, Konquer, PROPRO Sports, and HEE KA LEE. Yulin presented an exclusive themed show featuring eight outstanding enterprises, captivating a large number of stop-and-watch spectators.

Enhancing the Industry’s Development Through Forums to Deliver Better Results in the Post-Winter Olympic Era

This year WWSE has organized the Olympic City Development Forum, the International Sports, Culture, and Tourism Development Industry Forum, the International Ice and Snow Industry Development Forum, and the Personal Sports Equipment Industry Forum. These four sub-forums work in tandem with the Main Conference/Forum, effectively promoting the integration and high-quality advancement of the sports industry.

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In addition to exhibitions and forums, this WWSE remains committed to organizing a diverse range of activities in different formats, focusing on two main objectives: advancing the ice and snow industry and popularizing winter sports. Among these activities were the Winter Sports Industry TOP Awards Selection, the Canada Winter Sports Promotion Conference, the Promotion Conference for Enterprises and New Products, the Signing Ceremony for Strategic Cooperation at the WWSE, the JSSA Skiing Seminar and the Signing Ceremony for Strategic Cooperation in Winter Sports Tourism. By organizing these diverse activities, the WWSE provides a valuable platform for the development of the sports industry in the post-Winter Olympics era to further facilitate mutual benefits in global sports services trade.

The Cloud WWSE, equipped with modern information technology, will persist in its endeavours. Throughout 2023, a series of online events, including Online Exhibitions, Online Forums, Online Activities, and Online Docking, will be organized. These initiatives aim to facilitate the signing and implementation of key projects within the ice and snow industry while establishing an ongoing exchange platform for the WWSE.

Being the pioneering expo in the global ice and snow industry, WWSE 2023 has further enhanced communication and cooperation within the sector. It has played a crucial role in leading the exploration of the ice and snow industry, innovating exchange and cooperation models, creating unique ice and snow consumption scenarios, and continuously invigorating the vitality of the industry. Furthermore, as an essential economic legacy of the Olympics, its successful hosting will accelerate the transformation and development of Shijingshan District in the post-Winter Olympic era. It will facilitate the establishment of an economic circle for the ice and snow industry, further enhancing the reputation of Shijingshan as a dual Olympic district.

Artificial Intelligence

Fleet Management Market Advances with AI-Driven Route Optimization and Maintenance Solutions, Finds Maximize Market Research

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PUNE, India, July 19, 2024 /PRNewswire/ — Fleet Management Market size was valued at US$ 12.69 Bn. in 2023 and the total revenue is expected to grow at 20.07% through 2024 to 2030, Fleet Management Market is reaching nearly US$ 45.66 Bn. by 2030.

Reports on competitive analyses encompass company overviews, financial performances, product portfolios, and strategies of key players in the Fleet Management Market. To assess strengths and weaknesses, a comprehensive SWOT analysis was conducted, while a PESTLE analysis was carried out to understand the impact of macroeconomic factors on the market. Also, the report includes detailed analyses of investments made by market players to enhance their global presence.
The research methodology utilized in analysing the Fleet Management market encompasses a thorough approach that combines primary data which is often collected through surveys, interviews, and focus groups with industry experts and stakeholders such as fleet operators and managers, fleet management service providers, vehicle manufacturers, telematics providers and insurance companies. This allows for firsthand insights into market trends, consumer behaviour, and regulatory challenges and secondary research utilizing reports from government sources, industry publications, and financial statements. Market sizing and forecasting techniques are employed alongside competitive analysis to provide valuable insights into the market landscape. It also includes trade balance, market entry strategies, costs in different region, technology adoption, regulatory framework, compliance requirements and customer demographics which makes it an investor’s guide. The report encompasses component, deployment type, fleet type segments and their analysis, which elucidates their influence on the market. The estimation methodology often adopts a bottom-up approach to accurately determine market sizes. 
Get your Sample PDF: https://www.maximizemarketresearch.com/request-sample/29184/ 
Global Fleet Management Market 2023-2030: Key Highlights
Market Size in 2023:
USD 12.69 Bn
Market Size in 2030:
USD 45.66 Bn
CAGR:
20.07 %
Forecast Period:
2024-2030
Base Year:
2023
Number of Pages:
229
No. of Tables:
138
No. of Charts and Figures:
193
Regional Scope: 
North America, Europe, Asia Pacific, and Africa, South America
Report Coverage: 
Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
Historic Market Size 2017-2023CAGR of the market during 2024-2030Detailed information on factors that will assist Fleet Management market growth during the next seven yearsAn estimation of the Fleet Management market size and the impact of the country’s GDP on Fleet Management marketForecasts on upcoming trends and changes in consumer behaviorThe growth of the Fleet Management marketAnalysis of the competitive landscape and detailed information on companiesComprehensive details of factors that will impede the growth of Fleet Management companies.Competitive Landscape
The Fleet Management Market includes the presence of several global as well as regional key players. A few prominent players that offer Fleet Management in the market are Donlen Corporation. Geotab, Inseego Corp, Automotive Rentals Inc., Omnitracs, TeletracNavman, Trimble Verizon Connect, Wheels, Inc., Mix Telematics and others.
What’s New: Recent Additions and Updates
Expansion into Southeast Asia, South America, and Africa.Localization efforts for new markets.Technological AdvancementsNew Streaming Partnerships and PlatformsInnovative Marketing StrategiesFinancial Performance and InvestmentConsumer Behaviour and TrendsRegulatory Changes and ChallengesFor more details on the information, Request a sample reporthttps://www.maximizemarketresearch.com/request-sample/29184/ 
Market Overview
In the modern business landscape, every industry strives to maximize output while minimizing costs. For companies with large fleets, fleet management costs make up a significant portion of their operating costs. Fleet systems play a critical role in optimizing routes, ensuring vehicle safety, improving driver safety, and increasing profitability by improving vehicle performance and life. These programs will provide fleet owners with valuable insight into fleet performance, enabling them to identify areas for improvement, such as specific drivers or cost-reduction units. Effective fleet management helps in right-sizing fleet cars, maintaining vehicles, reducing overhead expenses, lowering fuel costs, minimizing distance traveled, and modifying driver behavior, all of which contribute to increased operational efficiency.
Urbanization has increased the use of ridesharing and car-sharing systems, facilitating the transition to carpooling. MaaS focuses on providing tailored solutions for logistics solutions tailored to individual needs, significantly affecting the shipping industry. As the number of privately owned vehicles is expected to decline, fleet management service providers will need to change their operations, offer new and improved services, and possibly prune obsolete ones. This shift to shared transport presents new revenue opportunities for the fleet management market.
The implementation of hyper-pooling in fleet management has transformative potential. This new option allows up to 14 passengers to share a car, significantly increasing ridership and reducing the cost per passenger. Through resource efficiency, over-assembly increases operational efficiency and cost savings for fleet operators. This approach also supports sustainability goals by reducing the number of vehicles on the road, thereby reducing traffic congestion and carbon emissions. The potential for over-integration is noteworthy, as it benefits passengers even at higher demand levels, showing its potential in urban areas. This approach not only improves the financial efficiency of service providers but also contributes to environmental goals, making it an important development in the future of fleet management.
In 2024, fleet management is set to undergo transformative changes driven by advancements in technology and evolving industry needs. The integration of OEM and aftermarket telematics allows fleets to aggregate data from multiple sources for a unified view of vehicle performance. These changes are accompanied by a focus on increasing driver safety and satisfaction through AI, Advanced Driver Assistance Systems (ADAS), and video telematics that prioritize well-being over aggressive surveillance. In addition, the increasing adoption of electric vehicles (EVs) is being supported by fleet management systems designed to optimize battery health and battery management. AI is revolutionizing day-to-day operations by streamlining route planning and maintenance, providing significant benefits for fleets that embrace these innovations.
In conclusion, the demand for fleet management is constantly increasing worldwide, driven by the need for efficient vehicle tracking, maintenance, and optimization. Businesses with fleets of vehicles, such as logistics and transportation companies, are adopting fleet management solutions to reduce operating costs, improve driver safety, and enhance customer service. This comprehensive perspective provides stakeholders with valuable information to navigate opportunities and challenges and ensures strategic decisions for sustainable growth in the global Fleet Management market.
For a detailed analysis of regions and their contributions Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/29184/ 
Segment Overview
MMR has segmented the market based on
By Component
SolutionServiceBy Deployment Type
On-premisesCloudBy Fleet type
Commercial fleetsPassenger carsBased on Fleet type, the market is sub-segmented into Commercial fleets and Passenger cars. The demand for passenger cars is likely to be larger. Vehicles with a seating capacity of up to six people, excluding the driver, are referred to as passenger automobiles. Passenger automobiles are further divided into the following divisions based on agreed-upon sub-categories: micro cars, compact cars, midsize cars, executive cars, premium cars, and luxury cars. It’s easier and more cost-effective than ever to lease a small fleet of cars, minivans, or pickup trucks. For keeping the cars well maintained, the linked services include supply chain management, maintenance, licensing and compliance, fuel management, and accident claims. The Fleet Management Solution aids in the organization, management, and coordination of fleets.
Detailed segmentation values for each segment and explanations for growth are provided in the final report. https://www.maximizemarketresearch.com/market-report/global-fleet-management-market/29184/ 
Geography Overview
In Fleet Management North America region leading the market. The US government is actively evaluating telematics’ ability to minimize accident costs, which is pushing the demand for fleet management services. Ford, GM, and Fiat Chrysler dominate the fleet market in the United States. To generate profits, OEMs are shifting fleet sales to auctions. If the cost benefits of fleet maintenance and leasing are widely recognized, many new customers may be attracted. Also, dwindling government reserves and fears of a second recession could restrain market expansion.
According to the Environmental Protection Agency, the burning of fossil fuels such as diesel and gasoline for transportation and passengers is the second largest contributor to carbon dioxide emissions and nearly all greenhouse gases and it is the U.S. 31% of carbon dioxide emissions and more than a quarter United States. Excretion of substances from the body. After several initiatives, the US. The Department of Homeland Security has routinely used fleet management solutions to provide data-driven insights for its fleet managers to monitor fleet operations. WEX Inc. has awarded a telematics contract to the Department of Homeland Security (DHS) to provide equipment and services for vehicle telecommunications.
In the final report, past and future numbers and explanations are incorporated seamlessly to provide a comprehensive understanding of the Global Fleet Management market.
Related Reports:
Container Fleet Market size was valued at USD 12.40 Billion in 2023 and the total Container Fleet Revenue is expected to grow at a CAGR of 5.8% from 2024 to 2030, reaching nearly USD 18.40 Billion by 2030.
IoT Fleet Management Market is anticipated to reach US$ 29.42 Bn by 2030 from US$ 7.97 Bn in 2023 at a CAGR of 20.5 % during a forecast period.
Fleet Telematics Market size is expected to reach US$ 70.24 Bn. by 2030, at a CAGR of 13.35% during the forecast period.
Automotive Vehicle Fleet Leasing Market is expected to reach US$ 50.80 Bn by 2030, at a CAGR of 5.88% during the forecast period.
Connected and Autonomous Mobility Vehicles Market size was valued at USD 149.43 Billion in 2023 and is expected to grow at a CAGR of 40.1 % from 2024 to 2030, reaching nearly USD 1583.08 Billion.
Container Fleet Market size was valued at USD 12.40 Billion in 2023 and the total Container Fleet Revenue is expected to grow at a CAGR of 5.8% from 2024 to 2030, reaching nearly USD 18.40 Billion by 2030.
Smart Fleet Management Market size was valued at USD 487.23 Billion in 2023 and the total Smart Fleet Management Market revenue is expected to grow at a CAGR of 8.36% from 2024 to 2030, reaching nearly USD 854.65 Billion.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.
Contact Maximize Market Research:3rd Floor, Navale IT Park, Phase 2Pune Banglore Highway, Narhe,Pune, Maharashtra 411041, [email protected] +91 96071 95908, +91 9607365656.Follow Up: Facebook | Twitter | LinkedIn | Instagram
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Intelligent Transportation System Market worth $70.7 billion in 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, July 19, 2024 /PRNewswire/ — The global intelligent transportation system market is expected to reach USD 70.7 billion in 2029 from USD 50.7 billion in 2024, at a CAGR of 6.9% during the forecast period according to a new report by MarketsandMarkets™. The market’s growth is propelled by growing demand from emerging economies, growing public-private partnerships, and growing demand for mobility services. However, the high upfront costs of implementation restrain the market’s growth.

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Browse in-depth TOC on “Intelligent Transportation System Market” 150 – Tables60 – Figures210 – Pages
Intelligent Transportation System Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 50.7 billion
Estimated Value by 2029
$ 70.7 billion
Growth Rate
Poised to grow at a CAGR of 6.9%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Offering, Mode, System and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Complexity of data management and privacy
Key Market Opportunities
Growing demand from emerging economies
Key Market Drivers
Rapid urbanization to fuel the demand for intelligent transportation system
The Roadways segment is expected to dominate in the forecast period.
The roadways are expected to continue holding major shares of passenger and freight transportation. This huge number of vehicles demands advanced management systems to enable the smooth flow of traffic and decongest it. Various governments are investing in smart city initiatives and roadway infrastructure. These investments focus on the roadways as it has a high impact on daily commuting and economic activities.
The commercial vehicle operation segment is anticipated to grow fastest during the forecast period.
The commercial vehicle operation segment is expected to grow fastest in the forecast period, boosted by several factors. Government regulations and mandates of safety, emissions, and operational standards are being deployed and hence drive the adoption of ITS in commercial vehicle operations. The technologies, such as electronic logging devices, fleet management systems, and telematics, ensure compliance with such regulations.
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US in the North America region to dominate the intelligent transportation system industry during the forecast period.
The US transport infrastructure is very well developed, with long road networks, highways, and urban transit systems that can support the deployment of advanced ITS technologies. It is home to major technology companies and research institutions developing and implementing advanced ITS solutions. These companies have adopted artificial intelligence, machine learning, IoT, and big data analytics, which are crucial for the success of ITS.
Key players
The intelligent transportation system companies includes significant Tier I and II players like Siemens (Germany), Hitachi Ltd. (Japan), Cubic Corporation (US), Conduent Incorporated (US), Kapsch TrafficCom AG (Austria), Denso Corporation (Japan), Teledyne Technologies Incorporated (US), Indra SIstemas S.A. (Spain), Garmin Ltd. (US), and Tomtom International BV (Netherlands) are some of the key players in the intelligent transportation system market.
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/intelligent-transport-systems-its-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/intelligent-transport-systems-its.asp
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Infinix Introduces Groundbreaking 720° SphereTech NFC Technology

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infinix-introduces-groundbreaking-720°-spheretech-nfc-technology

Revolutionizing Smartphone NFC Usage for a Smarter, More Convenient Life
SHANGHAI, July 19, 2024 /PRNewswire/ — Infinix, a trendy tech brand crafted for young consumers, introduces its revolutionary 720-degree (720°) SphereTech Near Field Communication (NFC) technology. This groundbreaking advancement aims to transform user experiences by significantly enhancing the versatility and reliability of NFC applications on mobile devices. With its expanded signal coverage and unmatched stability, this innovative technology ensures smooth, seamless performance from any angle, setting a new standard for NFC functionality. 

While current NFC technology enables mobile payments and transit access, it often results in transaction failures and user frustration, particularly in crowded or fast-paced environments where precise alignment is necessary for successful interactions, which can be cumbersome and unreliable.
Infinix’s Industry-Leading 720° SphereTech NFC technology is designed to tackle these limitations by offering a revolutionary improvement, eliminating the need for precise alignment. “Our commitment to innovation and understanding user needs has driven us to create a solution that not only enhances functionality but also provides unparalleled security and convenience for our users. The 720° SphereTech NFC significantly improves the mobile experience in NFC applications, offering seamless, reliable, and secure interactions from multiple angles[1]”, said Li Cao, Senior Manager, NFC Department of Infinix.
This technology comes with three major breakthroughs in spatial layout, signal compatibility, and material type configuration. The enhanced design ensures superior integration, while the improved signal range and strength guarantee optimal performance. Similarly, the use of optimized materials further boosts reliability and efficiency. This proprietary, self-developed patent has increased the card reading area by 200%[2] and doubled the signal range.
Furthermore, Infinix’s 720° SphereTech NFC technology is the first to support reading and tapping cards from three sides of the mobile device, such as the front, top, and back, achieving a 100%[3] signal range improvement compared to the existing 360° NFC technology, which only reads cards from the back. This innovation also allows users to read and tap at different angles, providing unparalleled convenience and functionality.
User Convenience and Security
The Infinix’s 720° SphereTech NFC technology offers transformative benefits with its comprehensive coverage, doubling the range of conventional NFC to ensure stability from any direction and significantly reducing transaction failures. This technology excels in busy public spaces by overcoming angle limitations for smoother and more reliable interactions. Its advanced security features set a new standard with the capability to remotely disable NFC functions on lost or stolen devices. This feature offers users peace of mind, knowing that their personal data and financial information remain protected, even if the physical device is compromised.
A New Standard for NFC Technology
Infinix is set to revolutionize NFC technology by addressing its key limitations and unlocking its full potential. This innovation will create a new generation of mobile services that are more intuitive and effortless for users. Infinix’s 720° SphereTech NFC technology demonstrates the company’s commitment to delivering meaningful innovation and enhancing user experiences.
Stay tuned for more updates as this groundbreaking technology will be available on Infinix’s upcoming devices.
[1] Refers to the technology’s capability to read and tap cards at various angles on the device in normal handheld positions, except from the bottom side.[2] The testing data is derived from controlled laboratory tests and compared against selected models available in the market.[3] Testing data is based on laboratory tests, and actual use may vary.
Media Contacts:
Infinix Global PR – [email protected]
About Infinix:
Founded in 2013, Infinix is a trendy tech brand crafted for young consumers. With a presence in over 70 countries, Infinix delivers cutting-edge technology, stylish design, and outstanding performance. Our product lineup includes smartphones, TWS earbuds, smartwatches, laptops, and smart TVs. In 2023, Infinix was recognized in Kantar and Google’s top 50 Chinese Global Brand Builders Report and ranked sixth in Fast Company’s World’s Most Innovative Companies of 2024 in the Asia-Pacific sector. For more information, please visit: http://www.infinixmobility.com/.
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