According to a new market research report launched by Inkwood Research, the Global Asset Tracking Marketis growing at a growth rate of 12.28% over the forecast period, and is expected to reach about $47858.85 million by 2028.
Browse 55 market data Tables and 52 figures spread over 170Pages, along with in-depth analysis on Global Asset Tracking Market by Type, Application & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Asset TrackingMarket Scenario
Asset tracking comprises IoT technology that aids in tracking the assets through hardware, software, and services solutions during transport or storage. It is considered an essential technique as it allows to achieve operational efficiencies. Rapid digitalization and advancements in the IoT technology in manufacturing environments and office spaces has enabled end-users to adopt economical and efficient asset tracking solutions. Moreover, the use of minimal electricity and infrastructure is another advantage driving sales for asset tracking systems.
Several companies opt to outsource their logistic operations to third-party logistics service providers, which are using asset tracking as add-on services. Hence, this growing adoption is primarily driving the growth of the global asset tracking market. In addition, other factors such as, the requirement for improved fleet functioning, and a rise in the demand for IoT devices in transportation are further boosting the market growth. However, privacy concerns, high cost of asset tracking software, and lack of awareness are prime restraints challenging the global market.
The Global Asset Tracking Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Asset Tracking Market by Type, Application & by Geography: https://www.inkwoodresearch.com/reports/asset-tracking-market/#request-free-sample
Market by Type
- QR Code/Barcode
- Custom Hardware
Market by Application
- Oil and Gas
- Transportation and Logistics
- IT and Telecommunication
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- ONASSET INTELLIGENCE INC
- ORACLE CORPORATION
- TRIMBLE INC
- AT & T INC
- FLEET COMPLETE
- SPIREON INC
- VERIZON COMMUNICATIONS INC
- UBISENSE GROUP PLC
- ASSET PANDA LLC
- ZEBRA TECHNOLOGIES CORPORATION
GLOBAL TRACK & TRACE SOLUTIONS MARKET – Global track & trace solutions market is growing at a CAGR of 12.10% by 2028.
GLOBAL CONNECTED LOGISTICS MARKET – Global connected logistics market is propelling with a CAGR of 16.08% during the projected period.
GLOBAL SUPPLY CHAIN MANAGEMENT SOFTWARE MARKET – Global supply chain management software market is evolving at 10.02% of CAGR during the forecast period.
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