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Market Research Report

Global Asset Tracking Market Forecast 2019-2028

Published by Inkwood Research Product code 962708
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Global Asset Tracking Market Forecast 2019-2028
Published: October 2, 2020 Content info: 181 Pages
Description

KEY FINDINGS

The global asset tracking market is evaluated to project a CAGR of 12.28%, over the forecast years of 2019 to 2028. The market growth is attributed to factors such as, the increased adoption of IoT devices during transportation, the growing need for improving fleet performance, and the rising demand from third-party logistics companies.

MARKET INSIGHTS

Asset management comprises software, hardware, and services solutions that help track assets during storage and transportation. The technology utilizes the Internet of Things (IoT) to track assets. As a result, the asset tracking market is vital for evading thefts and gaining valuable operational insights. Moreover, such solutions are emerging as crucial techniques for securing greater operational efficacies, especially in office spaces and manufacturing environments.

Asset tracking is particularly customized for third-party logistics enterprises, especially for providing end-to-end transparency. Moreover, they can efficiently maintain clients, owing to constant collaboration and innovation. Companies utilize third-party logistics providers (3PLs), primarily for core fulfillment services such as, transportation, shipping, and warehousing. They also offer modern amenities as a result of on-demand and fast-paced business needs. Such value-added services may range from customized labeling or final assembly to specialized distribution.

REGIONAL INSIGHTS

The global asset tracking market growth analysis includes assessing Europe, North America, the Asia Pacific, and the rest of the world. The Asia Pacific is anticipated to observe the highest growth rate during the forecast period, due to the significant contributions by the region's developing economies, and the increasing adoption os numerous technological advancements. Moreover, the surging increase in Artificial Intelligence (AI) and IoT in the majority of end-user enterprises, in addition to the investments by small and medium companies, are projected to drive the asset tracking market growth in the Asia Pacific.

COMPETITIVE INSIGHTS

The global market is characterized by moderate to high product differentiation and rising levels of product penetration. As a result, the market is expected to observe an intense competition, over the forecast period.

Some of the distinguished companies operating in the market are, Asset Panda LLC, Verizon Communications Inc, AT & T Inc, Tenna, Hilti, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 34096

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. DEVELOPMENT OF ASSET TRACKING
  • 3.2. MARKET DEFINITION
  • 3.3. KEY DRIVERS
    • 3.3.1. RISE IN DEMAND FROM THIRD-PARTY LOGISTICS COMPANIES
    • 3.3.2. INCREASED ADOPTION OF IOT DEVICES DURING TRANSPORTATION
    • 3.3.3. NEED FOR IMPROVING FLEET PERFORMANCE
  • 3.4. KEY RESTRAINTS
    • 3.4.1. INITIAL COST OF ASSET TRACKING SOFTWARE IS HIGH
    • 3.4.2. PRIVACY CONCERNS
    • 3.4.3. LACK OF AWARENESS

4. KEY ANALYTICS

  • 4.1. KEY INVESTMENT INSIGHTS
  • 4.2. PORTER'S FIVE FORCE ANALYSIS
    • 4.2.1. BUYER POWER
    • 4.2.2. SUPPLIER POWER
    • 4.2.3. SUBSTITUTION
    • 4.2.4. NEW ENTRANTS
    • 4.2.5. INDUSTRY RIVALRY
  • 4.3. OPPORTUNITY MATRIX
  • 4.4. VENDOR LANDSCAPE
  • 4.5. KEY BUYING CRITERIA
    • 4.5.1. ACCESSIBILITY
    • 4.5.2. MOBILITY
    • 4.5.3. FEATURES
    • 4.5.4. SCALABILITY
    • 4.5.5. PRICING
    • 4.5.6. SUPPORT
  • 4.6. IMPACT OF COVID-19 ON ASSET TRACKING MARKET

5. MARKET BY TYPE

  • 5.1. HARDWARE
    • 5.1.1. QR CODE/BARCODE
    • 5.1.2. RFID
    • 5.1.3. GPS
    • 5.1.4. BLE
    • 5.1.5. LORAWAN
    • 5.1.6. CUSTOM HARDWARE
  • 5.2. SOFTWARE
    • 5.2.1. CLOUD
    • 5.2.2. ON-PREMISE
  • 5.3. SERVICES

6. MARKET APPLICATION

  • 6.1. TRANSPORTATION AND LOGISTICS
  • 6.2. HEALTHCARE
  • 6.3. MANUFACTURING
  • 6.4. CONSTRUCTION
  • 6.5. IT AND TELECOMMUNICATION
  • 6.6. OIL AND GAS
  • 6.7. OTHERS

7. GEOGRAPHICAL ANALYSIS

  • 7.1. NORTH AMERICA
    • 7.1.1. UNITED STATES
    • 7.1.2. CANADA
  • 7.2. EUROPE
    • 7.2.1. UNITED KINGDOM
    • 7.2.2. GERMANY
    • 7.2.3. FRANCE
    • 7.2.4. ITALY
    • 7.2.5. RUSSIA
    • 7.2.6. BELGIUM
    • 7.2.7. POLAND
    • 7.2.8. REST OF EUROPE
  • 7.3. ASIA PACIFIC
    • 7.3.1. CHINA
    • 7.3.2. JAPAN
    • 7.3.3. INDIA
    • 7.3.4. SOUTH KOREA
    • 7.3.5. INDONESIA
    • 7.3.6. THAILAND
    • 7.3.7. VIETNAM
    • 7.3.8. AUSTRALIA & NEW ZEALAND
    • 7.3.9. REST OF ASIA PACIFIC
  • 7.4. REST OF WORLD
    • 7.4.1. LATIN AMERICA
    • 7.4.2. MIDDLE EAST & AFRICA

8. COMPANY PROFILES

  • 8.1. ASSET PANDA LLC
  • 8.2. AT & T INC
  • 8.3. AZUGA
  • 8.4. CLOUDHAWK
  • 8.5. FLEET COMPLETE
  • 8.6. GIGATRAK
  • 8.7. HILTI
  • 8.8. ONASSET INTELLIGENCE INC
  • 8.9. ORACLE CORPORATION
  • 8.10. SPIREON INC
  • 8.11. TENNA
  • 8.12. TRIMBLE INC
  • 8.13. UBISENSE GROUP PLC
  • 8.14. VERIZON COMMUNICATIONS INC
  • 8.15. ZEBRA TECHNOLOGIES CORPORATION

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - ASSET TRACKING
  • TABLE 2: GLOBAL ASSET TRACKING MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 3: GLOBAL ASSET TRACKING MARKET, BY TYPE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 4: GLOBAL HARDWARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 5: GLOBAL HARDWARE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 6: GLOBAL ASSET TRACKING MARKET, BY HARDWARE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 7: GLOBAL ASSET TRACKING MARKET, BY HARDWARE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 8: GLOBAL QR CODE/BARCODE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 9: GLOBAL QR CODE/BARCODE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 10: GLOBAL RFID MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 11: GLOBAL RFID MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 12: GLOBAL GPS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 13: GLOBAL GPS MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 14: GLOBAL BLE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 15: GLOBAL BLE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 16: GLOBAL LORAWAN MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 17: GLOBAL LORAWAN MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 18: GLOBAL CUSTOM HARDWARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 19: GLOBAL CUSTOM HARDWARE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 20: GLOBAL SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 21: GLOBAL SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 22: GLOBAL ASSET TRACKING MARKET, BY SOFTWARE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 23: GLOBAL ASSET TRACKING MARKET, BY SOFTWARE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 24: GLOBAL CLOUD MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 25: GLOBAL CLOUD MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 26: GLOBAL ON-PREMISE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 27: GLOBAL ON-PREMISE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 28: GLOBAL SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 29: GLOBAL SERVICES MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 30: GLOBAL ASSET TRACKING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 31: GLOBAL ASSET TRACKING MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 32: GLOBAL TRANSPORTATION AND LOGISTICS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 33: GLOBAL TRANSPORTATION AND LOGISTICS MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 34: GLOBAL HEALTHCARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 35: GLOBAL HEALTHCARE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 36: GLOBAL MANUFACTURING MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 37: GLOBAL MANUFACTURING MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 38: GLOBAL CONSTRUCTION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 39: GLOBAL CONSTRUCTION MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 40: GLOBAL IT AND TELECOMMUNICATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 41: GLOBAL IT AND TELECOMMUNICATION MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 42: GLOBAL OIL AND GAS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 43: GLOBAL OIL AND GAS MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 44: GLOBAL OTHERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 45: GLOBAL OTHERS MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 46: GLOBAL ASSET TRACKING MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 47: GLOBAL ASSET TRACKING MARKET, BY GEOGRAPHY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 48: NORTH AMERICA ASSET TRACKING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 49: NORTH AMERICA ASSET TRACKING MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 50: EUROPE ASSET TRACKING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 51: EUROPE ASSET TRACKING MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 52: ASIA PACIFIC ASSET TRACKING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 53: ASIA PACIFIC ASSET TRACKING MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
  • TABLE 54: REST OF WORLD ASSET TRACKING MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
  • TABLE 55: REST OF WORLD ASSET TRACKING MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1: KEY INVESTMENT INSIGHTS
  • FIGURE 2: PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: KEY BUYING CRITERIA
  • FIGURE 6: GLOBAL ASSET TRACKING MARKET, GROWTH POTENTIAL, BY TYPE, IN 2019
  • FIGURE 7: GLOBAL ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
  • FIGURE 8: GLOBAL ASSET TRACKING MARKET, GROWTH POTENTIAL, BY HARDWARE, IN 2019
  • FIGURE 9: GLOBAL ASSET TRACKING MARKET, BY QR CODE/BARCODE, 2019-2028 (IN $ MILLION)
  • FIGURE 10: GLOBAL ASSET TRACKING MARKET, BY RFID, 2019-2028 (IN $ MILLION)
  • FIGURE 11: GLOBAL ASSET TRACKING MARKET, BY GPS, 2019-2028 (IN $ MILLION)
  • FIGURE 12: GLOBAL ASSET TRACKING MARKET, BY BLE, 2019-2028 (IN $ MILLION)
  • FIGURE 13: GLOBAL ASSET TRACKING MARKET, BY LORAWAN, 2019-2028 (IN $ MILLION)
  • FIGURE 14: GLOBAL ASSET TRACKING MARKET, BY CUSTOM HARDWARE, 2019-2028 (IN $ MILLION)
  • FIGURE 15: GLOBAL ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
  • FIGURE 16: GLOBAL ASSET TRACKING MARKET, GROWTH POTENTIAL, BY SOFTWARE, IN 2019
  • FIGURE 17: GLOBAL ASSET TRACKING MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
  • FIGURE 18: GLOBAL ASSET TRACKING MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
  • FIGURE 19: GLOBAL ASSET TRACKING MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
  • FIGURE 20: GLOBAL ASSET TRACKING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
  • FIGURE 21: GLOBAL ASSET TRACKING MARKET, BY TRANSPORTATION AND LOGISTICS, 2019-2028 (IN $ MILLION)
  • FIGURE 22: GLOBAL ASSET TRACKING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
  • FIGURE 23: GLOBAL ASSET TRACKING MARKET, BY MANUFACTURING, 2019-2028 (IN $ MILLION)
  • FIGURE 24: GLOBAL ASSET TRACKING MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)
  • FIGURE 25: GLOBAL ASSET TRACKING MARKET, BY IT AND TELECOMMUNICATION, 2019-2028 (IN $ MILLION)
  • FIGURE 26: GLOBAL ASSET TRACKING MARKET, BY OIL AND GAS, 2019-2028 (IN $ MILLION)
  • FIGURE 27: GLOBAL ASSET TRACKING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
  • FIGURE 28: NORTH AMERICA ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 29: UNITED STATES ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 30: CANADA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 31: EUROPE ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 32: UNITED KINGDOM ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 33: GERMANY ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 34: FRANCE ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 35: ITALY ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 36: RUSSIA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 37: BELGIUM ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 38: POLAND ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 39: REST OF EUROPE ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 40: ASIA PACIFIC ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 41: CHINA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 42: JAPAN ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 43: INDIA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 44: SOUTH KOREA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 45: INDONESIA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 46: THAILAND ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 47: VIETNAM ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 48: AUSTRALIA & NEW ZEALAND ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 49: REST OF ASIA PACIFIC ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 50: REST OF WORLD ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
  • FIGURE 51: LATIN AMERICA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
  • FIGURE 52: MIDDLE EAST & AFRICA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
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