Global Tracking as a Service Market 2024-2028

Global Tracking As A Service Market 2024-2028

The tracking as a service market is forecasted to grow by USD 2404.01 mn during 2023-2028, accelerating at a CAGR of 17.34% during the forecast period. The report on the tracking as a service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for fleet management, evolving customer expectations for real-time visibility and status of orders, and rising demand for tracking as a service solutions due to continuous e-commerce growth.

Technavio's tracking as a service market is segmented as below:

By End-user

• Manufacturing
• Transportation and logistics
• Healthcare
• Others

By Deployment

• Cloud
• On-premises

By Geographical Landscape

• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the growing adoption of IoT technology as one of the prime reasons driving the tracking as a service market growth during the next few years. Also, rising demand for tracking as a service solutions in healthcare industry and increasing integration of tracking as a service solutions with other business systems will lead to sizable demand in the market.

The report on the tracking as a service market covers the following areas:

• Tracking as a service market sizing
• Tracking as a service market forecast
• Tracking as a service market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tracking as a service market vendors that include AT and T Inc., Blackline Safety Corp, Datalogic SpA, Geotab Inc., Impinj Inc., Infor Inc., MicroMain Corp, Midmark Corp., Mojix Inc., Motorola Solutions Inc., PCCW Enterprises Ltd., Sortly Inc, Topcon Positioning Systems Inc., Trimble Inc., Verizon Communications Inc., Wabtec Corp., Zebra Technologies Corp., EZO, Honeywell International Inc., and Spider Tracks Ltd.. Also, the tracking as a service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.