Asset Tracking Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	120 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185734

Best Price Guarantee
Price	from $4,850
Length	120 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185734

Asset Tracking Market

Growth Factors of Asset Tracking Market

The global asset tracking market size was valued at USD 21.25 billion in 2023 and is projected to grow from USD 23.42 billion in 2024 to USD 59.64 billion by 2032, exhibiting a CAGR of 12.4% during the forecast period of 2024-2032.

The pandemic drastically multiplied the boom of the Asset Tracking Market as agencies more and more trusted IoT, cloud-based answers, and automation to beautify delivery chain control, monitor belongings remotely, and ensure operational efficiency amid disruptions caused by lockdowns and social distancing measures, impeding the asset tracking market growth.

The growing adoption of IoT, the call for actual-time tracking, and the need for higher delivery chain visibility and operational performance drive the Asset Tracking Market. Additionally, regulatory requirements and increasing automation contribute to the market's boom.

IoT Integration in asset monitoring entails utilising interconnected gadgets (sensors, tags) to gather real-time information about belongings. These statistics present precious insights into asset location, situation, and usage, expanding the asset tracking market share globally. By analysing this information, businesses can expect capability device screw-ups and proactively schedule renovation, decreasing downtime and upkeep costs. Additionally, advanced records analytics can uncover patterns and developments in asset usage and performance and perceive opportunities for optimisation.

Comprehensive Analysis of Asset Tracking Market

The Asset Tracking Market is segmented by component, generation, deployment, organisation type, and industry. The hardware section leads in market percentage because of the call for LPWAN technology, especially among O.E.M.s. M2M/IoT generation is anticipated to reveal the best growth, particularly in healthcare and manufacturing sectors, whilst barcodes dominate because of the total answers to cloud-based questions. Cloud deployments are rising, driven by real-time tracking and IoT, while on-premise structures provide manipulation and customisation. S.M.E.s are adopting AI and ML technologies to improve asset management, while massive organisations lead the marketplace percentage. Manufacturing dominates using enterprise, with retail and e-trade expected to develop significantly.

The North American region led the asset tracking market by benefitting a size of USD 7.97 billion in 2023 due to technological improvements; the producing and healthcare industries inside the area are anticipated to revel in significant effects.

The leading players in the asset tracking market significantly shape its growth trajectory and set industry standards. Key companies in this sector, including Actsoft Inc. (U.S.), ASAP Systems (U.S.), Asset Panda (U.S.), AT&T Inc. (U.S.), Link Labs (U.S.), Qualcomm Technologies, Inc. (U.S.), GigaTrak (U.S.), Insider Navigation Inc. (Austria), OnAsset Intelligence, Inc. (U.S.), Fleet Complete (Canada), Trimble Inc. (U.S.), Zebra Technologies Corp. (U.S.), Quinta Systems Private Limited (India), Cisco Systems Inc. (U.S.), and Honeywell International Inc. (U.S.), contribute to a competitive landscape, driving innovation and advancing the market.

In December 2023, The Priner Group, based in Brazil, partnered with Wyld Networks to deploy IoT asset tracking through satellite TV for the pc era. This partnership will enable the Priner Group to manage and decrease losses at some point when transporting products to its customers.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019–2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024–2032

Historical Period 2019–2022

Growth Rate CAGR of 12.4% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Component

- Hardware

- Software

By Technology

- Radio Frequency Identification (RFID)

- Global Positioning System (GPS)

- Barcode

- M2M/IoT

- Others (Edge Computing)

By Deployment

- Cloud

- On-premise

By Enterprise Type

- Small & Mid-sized Enterprises (SMEs)

- Large Enterprises

By Industry

- Transportation & Logistics

- Aviation

- Healthcare

- Manufacturing

- Food and Beverages

- Retail & E-commerce

- Government

- Others (Education, Agriculture)

By Region

- North America (By Type, By Application, and By Country)

U.S.
Canada
Mexico

- South America (By Type, By Application, and By Country)

Brazil
Argentina
Rest of South America

- Europe (By Type, By Application, and By Country)

U.K.
Germany
France
Italy
Spain
Russia
Benelux
Nordics
Rest of Europe

- Middle East & Africa (By Type, By Application, and By Country)

Turkey
Israel
GCC
North Africa
South Africa
Rest of the Middle East & Africa

- Asia Pacific (By Type, By Application, and By Country)

China
India
Japan
South Korea
ASEAN
Oceania
Rest of Asia Pacific

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends; 3.3. Impact of Generative AI
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Asset Tracking Key Players Market Share/Ranking, 2023
5. Global Asset Tracking Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Component (USD); 5.2.1. Hardware; 5.2.2. Software; 5.3. By Technology (USD); 5.3.1. Radio Frequency Identification (RFID); 5.3.2. Global Positioning System (GPS); 5.3.3. Barcode; 5.3.4. M2M/IoT; 5.3.5. Others (Edge Computing, etc.); 5.4. By Deployment (USD); 5.4.1. Cloud; 5.4.2. On-premise; 5.5. By Enterprise Type (USD); 5.5.1. Small & Mid-sized Enterprises (SMEs); 5.5.2. Large Enterprises; 5.6. By Industry (USD); 5.6.1. Transportation & Logistics; 5.6.2. Aviation; 5.6.3. Healthcare; 5.6.4. Manufacturing; 5.6.5. Food and Beverages; 5.6.6. Retail & E-commerce; 5.6.7. Government; 5.6.8. Others (Education, Agriculture, etc.); 5.7. By Region (USD); 5.7.1. North America; 5.7.2. South America; 5.7.3. Europe; 5.7.4. Middle East & Africa; 5.7.5. Asia Pacific
6. North America Asset Tracking Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Component (USD); 6.2.1. Hardware; 6.2.2. Software; 6.3. By Technology (USD); 6.3.1. Radio Frequency Identification (RFID); 6.3.2. Global Positioning System (GPS); 6.3.3. Barcode; 6.3.4. M2M/IoT; 6.3.5. Others; 6.4. By Deployment (USD); 6.4.1. Cloud; 6.4.2. On-premise; 6.5. By Enterprise Type (USD); 6.5.1. Small & Mid-sized Enterprises (SMEs); 6.5.2. Large Enterprises; 6.6. By Industry (USD); 6.6.1. Transportation & Logistics; 6.6.2. Aviation; 6.6.3. Healthcare; 6.6.4. Manufacturing; 6.6.5. Food and Beverages; 6.6.6. Retail & E-commerce; 6.6.7. Government; 6.6.8. Others; 6.7. By Country (USD); 6.7.1. United States; 6.7.2. Canada; 6.7.3. Mexico
7. South America Asset Tracking Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Component (USD); 7.2.1. Hardware; 7.2.2. Software; 7.3. By Technology (USD); 7.3.1. Radio Frequency Identification (RFID); 7.3.2. Global Positioning System (GPS); 7.3.3. Barcode; 7.3.4. M2M/IoT; 7.3.5. Others; 7.4. By Deployment (USD); 7.4.1. Cloud; 7.4.2. On-premise; 7.5. By Enterprise Type (USD); 7.5.1. Small & Mid-sized Enterprises (SMEs); 7.5.2. Large Enterprises; 7.6. By Industry (USD); 7.6.1. Transportation & Logistics; 7.6.2. Aviation; 7.6.3. Healthcare; 7.6.4. Manufacturing; 7.6.5. Food and Beverages; 7.6.6. Retail & E-commerce; 7.6.7. Government; 7.6.8. Others; 7.7. By Country (USD); 7.7.1. Brazil; 7.7.2. Argentina; 7.7.3. Rest of South America
8. Europe Asset Tracking Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Component (USD); 8.2.1. Hardware; 8.2.2. Software; 8.3. By Technology (USD); 8.3.1. Radio Frequency Identification (RFID); 8.3.2. Global Positioning System (GPS); 8.3.3. Barcode; 8.3.4. M2M/IoT; 8.3.5. Others; 8.4. By Deployment (USD); 8.4.1. Cloud; 8.4.2. On-premise; 8.5. By Enterprise Type (USD); 8.5.1. Small & Mid-sized Enterprises (SMEs); 8.5.2. Large Enterprises; 8.6. By Industry (USD); 8.6.1. Transportation & Logistics; 8.6.2. Aviation; 8.6.3. Healthcare; 8.6.4. Manufacturing; 8.6.5. Food and Beverages; 8.6.6. Retail & E-commerce; 8.6.7. Government; 8.6.8. Others; 8.7. By Country (USD); 8.7.1. United Kingdom; 8.7.2. Germany; 8.7.3. France; 8.7.4. Italy; 8.7.5. Spain; 8.7.6. Russia; 8.7.7. Benelux; 8.7.8. Nordics; 8.7.9. Rest of Europe
9. Middle East & Africa Asset Tracking Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Component (USD); 9.2.1. Hardware; 9.2.2. Software; 9.3. By Technology (USD); 9.3.1. Radio Frequency Identification (RFID); 9.3.2. Global Positioning System (GPS); 9.3.3. Barcode; 9.3.4. M2M/IoT; 9.3.5. Others; 9.4. By Deployment (USD); 9.4.1. Cloud; 9.4.2. On-premise; 9.5. By Enterprise Type (USD); 9.5.1. Small & Mid-sized Enterprises (SMEs); 9.5.2. Large Enterprises; 9.6. By Industry (USD); 9.6.1. Transportation & Logistics; 9.6.2. Aviation; 9.6.3. Healthcare; 9.6.4. Manufacturing; 9.6.5. Food and Beverages; 9.6.6. Retail & E-commerce; 9.6.7. Government; 9.6.8. Others; 9.7. By Country (USD); 9.7.1. Turkey; 9.7.2. Israel; 9.7.3. GCC; 9.7.4. North Africa; 9.7.5. South Africa; 9.7.6. Rest of MEA
10. Asia Pacific Asset Tracking Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Component (USD); 10.2.1. Hardware; 10.2.2. Software; 10.3. By Technology (USD); 10.3.1. Radio Frequency Identification (RFID); 10.3.2. Global Positioning System (GPS); 10.3.3. Barcode; 10.3.4. M2M/IoT; 10.3.5. Others; 10.4. By Deployment (USD); 10.4.1. Cloud; 10.4.2. On-premise; 10.5. By Enterprise Type (USD); 10.5.1. Small & Mid-sized Enterprises (SMEs); 10.5.2. Large Enterprises; 10.6. By Industry (USD); 10.6.1. Transportation & Logistics; 10.6.2. Aviation; 10.6.3. Healthcare; 10.6.4. Manufacturing; 10.6.5. Food and Beverages; 10.6.6. Retail & E-commerce; 10.6.7. Government; 10.6.8. Others; 10.7. By Country (USD); 10.7.1. China; 10.7.2. India; 10.7.3. Japan; 10.7.4. South Korea; 10.7.5. ASEAN; 10.7.6. Oceania; 10.7.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Actsoft Inc.; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. ASAP Systems; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. Asset Panda; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.3.2.6. Developments; 11.4. AT&T Inc.; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Link Labs; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. Qualcomm Technologies, Inc.; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. GigaTrak; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. Insider Navigation Inc.; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. OnAsset Intelligence, Inc.; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. Fleet Complete; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments
12. Key Takeaways