Live Package Tracking Market, By Component, By Technology (Barcode, Radio Frequency Identification, Global Positioning System, Sensors, Others), By End-User Industry, By Enterprise Size,By Geography

Description

The live package tracking market size was valued at US$ 3.92 billion in 2023 and is expected to reach US$ 8.60 billion by 2030, exhibit a compound annual growth rate (CAGR) of 11.9% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 3.92 Bn
Historical Data for:	2017 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	11.90%	2030/2031 Value Projection:	US$ 8.60 Bn

Figure 1. Global Live Package Tracking Market Share (%), by Region, 2023

Live package tracking has become an essential feature in the logistics industry, offering customers real-time visibility into the status and location of their shipments. In this digitally-driven world, where instant gratification and convenience are highly valued, the ability to track packages in real-time has revolutionized the shipping and delivery experience. With just a few clicks, customers can now monitor the progress of their packages, ensuring they are aware of any delays or issues that may arise.

Market Dynamics:

The live package tracking market is driven by several factors. Firstly, the growth of e-commerce has fueled the demand for efficient logistics services. As more consumers turn to online shopping, there is a greater need for transparent and reliable delivery options. Live package tracking provides customers with the ability to track their shipments in real-time, ensuring they are informed about the status and location of their packages.

Additionally, increasing customer expectations for transparency and convenience have also contributed to the growth of the live package tracking market. Customers now expect detailed information regarding their shipments, such as estimated delivery times, real-time tracking updates, and alerts for any delays or issues. Live package tracking enables companies to meet these expectations and provides customers with peace of mind.

Despite the positive market outlook, there are some challenges and restraints that need to be addressed. One of the main challenges is the cost associated with implementing live tracking technologies. Companies need to invest in advanced tracking systems and software, as well as train their employees to effectively utilize these tools. Moreover, there may be logistical challenges in implementing live tracking services, especially in remote areas or regions with limited infrastructure.

Key features of the study:

This report provides in-depth analysis of the global live package tracking market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global live package tracking market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include UPS, FedEx, DHL, USPS, Amazon Logistics, LaserShip, OnTrac, Purolator, Canada Post, and Deutsche Post DHL
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global live package tracking market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global live package tracking market

Detailed Segmentation:

Live Package Tracking Market By Component
- Software
- Hardware
- Services
Live Package Tracking Market By Technology
- Barcode
- Radio Frequency Identification (RFID)
- Global Positioning System (GPS)
- Sensors
- Others
Live Package Tracking Market By End-User Industry
- Retail & E-commerce
- Manufacturing
- Healthcare
- Logistics
- Automotive
- Others
Live Package Tracking Market By Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
Live Package Tracking Market By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Top companies in Live Package Tracking Market
- UPS
- FedEx
- DHL
- USPS
- Amazon Logistics
- LaserShip
- OnTrac
- Purolator
- Canada Post
- Deutsche Post DHL

Product Code: CMI6502

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Live Package Tracking Market, By Component
- Live Package Tracking Market, By Technology
- Live Package Tracking Market, By End-User Industry
- Live Package Tracking Market, By Enterprise Size
- Live Package Tracking Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Rising demand in e-commerce industry
- Data privacy and security concerns
- Emergence of IoT and AI
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Live Package Tracking Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Live Package Tracking Market , By Component, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

6. Live Package Tracking Market , By Technology, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Barcode
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Radio Frequency Identification (RFID)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Global Positioning System (GPS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Sensors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)

7. Live Package Tracking Market , By End-User Industry, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Retail & E-commerce
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Logistics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)

8. Live Package Tracking Market , By Enterprise Size, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Small & Medium Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)

9. Live Package Tracking Market , By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)

10. Competitive Landscape

UPS
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
FedEx
DHL
USPS
Amazon Logistics
LaserShip
OnTrac
Purolator
Canada Post
Deutsche Post DHL
Analyst Views

11. Section

Research Methodology
About us