GLOBAL ASSET TRACKING MARKET 2019-2028

GLOBAL ASSET TRACKING MARKET 2019-2028

MARKET OUTLOOK

According to a Triton Market Research’s report, the global market for asset tracking is expected to exhibit a CAGR of 12.95% during the estimated period of 2019-2028.

The growth in IoT and logistics 4.0, along with rising demand from 3PL companies, is primarily driving the market’s evolution. Additionally, government initiatives in favor of GPS tracking are generating several opportunities for the asset tracking market’s growth. The automated delivery sector is also offering multiple opportunities to the studied market to reach its projected growth.

However, the high initial cost of asset tracking software significantly weighs down the market’s progress. The privacy concerns pertaining to consumers’ data and low market awareness, are factors challenging the market’s future.

REGIONAL OUTLOOK

The global asset tracking market covers North America, Asia-Pacific, Latin America, Europe, Middle East and Africa regions.

The Asia-Pacific is expected to become the fastest-growing market for asset tracking during the projected phase 2019-2028. The region is expected to observe tremendous growth, owing to the rising adoption of numerous technological advancements. China, India, Thailand, and Singapore are offering multiple growth opportunities to the asset tracking market. The rapid increase in the deployment of IoT and AI in numerous end-user industries, is further expected to motivate the studied market’s progress during the estimated period.

Furthermore, small- & medium-scale enterprises in the emerging economies are investing in augmenting the adoption of numerous advanced technological solutions for their business operations. Here, prominent market players are innovating rapidly to provide asset tracking solutions for various end-user industries. This is further expected to widen the asset tracking market’s scope and growth in the APAC region.

COMPETITIVE OUTLOOK

The major companies involved in the asset tracking market comprise GigaTrak, Ubisense Group PLC, Asset Panda LLC, Fleet Complete, Azuga, OnAsset Intelligence Inc, CloudHawk, Trimble Inc, Oracle Corporation, Tenna, Verizon Communications Inc, Zebra Technologies Corporation, AT&T Inc, Spireon Inc, and Hilti.

AT&T Inc is a service provider of telecommunication, media, and technology. It offers wireless communications, digital video services, managed networking, and more. The company develops, produces, and markets feature films, television, gaming, and content over multiple physical and digital formats. The Asset Tracker 1 (AT1) offered by the company is one of the smallest and cost-effective trackers, providing unparalleled insight over high-value assets in the field. It serves individual customers and enterprises in several countries worldwide, with its headquarter in the United States.


1. GLOBAL ASSET TRACKING MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. GROWING E-COMMERCE INDUSTRY AUGMENTING MARKET’S GROWTH
2.2.2. INCREASED ADOPTION OF IOT DEVICES DURING TRANSPORTATION
2.2.3. IMPROVEMENTS IN TECHNOLOGIES HELP FLEET MANAGEMENT INDUSTRY
2.3. EVOLUTION AND TRANSITION OF ASSET TRACKING MARKET
2.4. PORTER’S FIVE FORCES ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF SUPPLIERS
2.4.4. BARGAINING POWER OF BUYERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. KEY IMPACT ANALYSIS
2.5.1. ACCESSIBILITY
2.5.2. MOBILITY
2.5.3. FEATURES
2.5.4. SCALABILITY
2.5.5. PRICING
2.5.6. SUPPORT
2.6. MARKET ATTRACTIVENESS INDEX
2.7. VENDOR SCORECARD
2.8. MARKET DRIVERS
2.8.1. GROWING DEMAND FROM 3PL COMPANIES
2.8.2. GROWTH IN IOT AND LOGISTICS 4.0
2.9. MARKET RESTRAINTS
2.9.1. HIGH INITIAL COST OF ASSET TRACKING SOFTWARE
2.10. MARKET OPPORTUNITIES
2.10.1. GOVERNMENT INITIATIVES IN FAVOUR OF GPS TRACKING
2.10.2. OPPORTUNITIES FROM AUTOMATED DELIVERY
2.11. MARKET CHALLENGES
2.11.1. PRIVACY PERTAINING TO CONSUMER’S DATA
2.11.2. LOW MARKET AWARENESS
2.12. IMPACT OF COVID-19 ON ASSET TRACKING MARKET
3. GLOBAL ASSET TRACKING MARKET OUTLOOK - BY TYPE
3.1. HARDWARE
3.1.1. QR CODE/BARCODE
3.1.2. RFID (RADIO-FREQUENCY IDENTIFICATION)
3.1.3. GPS (GLOBAL POSITIONING SYSTEM)
3.1.4. BLE (BLUETOOTH LOW ENERGY)
3.1.5. LORAWAN (LONG RANGE WIDE AREA NETWORK)
3.1.6. CUSTOM HARDWARE
3.2. SOFTWARE
3.2.1. CLOUD
3.2.2. ON-PREMISE
3.3. SERVICES
4. GLOBAL ASSET TRACKING MARKET OUTLOOK - BY END-USER
4.1. TRANSPORTATION AND LOGISTICS
4.2. HEALTHCARE
4.3. MANUFACTURING
4.4. CONSTRUCTION
4.5. IT & TELECOMMUNICATION
4.6. OIL & GAS
4.7. OTHERS
5. GLOBAL ASSET TRACKING MARKET - REGIONAL OUTLOOK
5.1. NORTH AMERICA
5.1.1. MARKET BY TYPE
5.1.1.1. MARKET BY HARDWARE
5.1.1.2. MARKET BY SOFTWARE
5.1.2. MARKET BY END-USER
5.1.3. COUNTRY ANALYSIS
5.1.3.1. UNITED STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET BY TYPE
5.2.1.1. MARKET BY HARDWARE
5.2.1.2. MARKET BY SOFTWARE
5.2.2. MARKET BY END-USER
5.2.3. COUNTRY ANALYSIS
5.2.3.1. UNITED KINGDOM
5.2.3.2. GERMANY
5.2.3.3. FRANCE
5.2.3.4. SPAIN
5.2.3.5. ITALY
5.2.3.6. RUSSIA
5.2.3.7. REST OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET BY TYPE
5.3.1.1. MARKET BY HARDWARE
5.3.1.2. MARKET BY SOFTWARE
5.3.2. MARKET BY END-USER
5.3.3. COUNTRY ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH KOREA
5.3.3.5. ASEAN COUNTRIES
5.3.3.6. AUSTRALIA & NEW ZEALAND
5.3.3.7. REST OF ASIA-PACIFIC
5.4. LATIN AMERICA
5.4.1. MARKET BY TYPE
5.4.1.1. MARKET BY HARDWARE
5.4.1.2. MARKET BY SOFTWARE
5.4.2. MARKET BY END-USER
5.4.3. COUNTRY ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST OF LATIN AMERICA
5.5. MIDDLE EAST AND AFRICA
5.5.1. MARKET BY TYPE
5.5.1.1. MARKET BY HARDWARE
5.5.1.2. MARKET BY SOFTWARE
5.5.2. MARKET BY END-USER
5.5.3. COUNTRY ANALYSIS
5.5.3.1. UNITED ARAB EMIRATES
5.5.3.2. TURKEY
5.5.3.3. SAUDI ARABIA
5.5.3.4. SOUTH AFRICA
5.5.3.5. REST OF MIDDLE EAST & AFRICA
6. COMPETITIVE LANDSCAPE
6.1. ASSET PANDA LLC
6.2. AT&T INC
6.3. AZUGA
6.4. CLOUDHAWK
6.5. FLEET COMPLETE
6.6. GIGATRAK
6.7. HILTI
6.8. ONASSET INTELLIGENCE INC
6.9. ORACLE CORPORATION
6.10. SPIREON INC
6.11. TENNA
6.12. TRIMBLE INC
6.13. UBISENSE GROUP PLC
6.14. VERIZON COMMUNICATIONS INC
6.15. ZEBRA TECHNOLOGIES CORPORATION
7. METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
LIST OF TABLES
TABLE 1. GLOBAL ASSET TRACKING MARKET, BY GEOGRAPHY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET ATTRACTIVENESS INDEX
TABLE 3. VENDOR SCORECARD
TABLE 4. GLOBAL ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 5. GLOBAL ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 6. GLOBAL ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 7. GLOBAL ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 8. GLOBAL ASSET TRACKING MARKET, BY GEOGRAPHY, 2019-2028 (IN $ MILLION)
TABLE 9. NORTH AMERICA ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 10. NORTH AMERICA ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 11. NORTH AMERICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 12. NORTH AMERICA ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 13. NORTH AMERICA ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 14. EUROPE ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 15. EUROPE ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 16. EUROPE ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 17. EUROPE ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 18. EUROPE ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 19. ASIA-PACIFIC ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 20. ASIA-PACIFIC ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 21. ASIA-PACIFIC ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 22. ASIA-PACIFIC ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 23. ASIA-PACIFIC ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 24. LATIN AMERICA ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 25. LATIN AMERICA ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 26. LATIN AMERICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 27. LATIN AMERICA ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 28. LATIN AMERICA ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 29. MIDDLE EAST AND AFRICA ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 30. MIDDLE EAST AND AFRICA ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 31. MIDDLE EAST AND AFRICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 32. MIDDLE EAST AND AFRICA ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 33. MIDDLE EAST AND AFRICA ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
LIST OF FIGURES
FIGURE 1. PORTER’S FIVE FORCES ANALYSIS
FIGURE 2. KEY BUYING IMPACT ANALYSIS
FIGURE 3. GLOBAL ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
FIGURE 4. GLOBAL ASSET TRACKING MARKET, BY QR CODE/BARCODE, 2019-2028 (IN $ MILLION)
FIGURE 5. GLOBAL ASSET TRACKING MARKET, BY RFID (RADIO-FREQUENCY IDENTIFICATION), 2019-2028 (IN $ MILLION)
FIGURE 6. GLOBAL ASSET TRACKING MARKET, BY GPS (GLOBAL POSITIONING SYSTEM), 2019-2028 (IN $ MILLION)
FIGURE 7. GLOBAL ASSET TRACKING MARKET, BY BLE (BLUETOOTH LOW ENERGY), 2019-2028 (IN $ MILLION)
FIGURE 8. GLOBAL ASSET TRACKING MARKET, BY LORAWAN (LONG RANGE WIDE AREA NETWORK), 2019-2028 (IN $ MILLION)
FIGURE 9. GLOBAL ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
FIGURE 10. GLOBAL ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 11. GLOBAL ASSET TRACKING MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 12. GLOBAL ASSET TRACKING MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 13. GLOBAL ASSET TRACKING MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 14. GLOBAL ASSET TRACKING MARKET, BY TRANSPORTATION AND LOGISTICS, 2019-2028 (IN $ MILLION)
FIGURE 15. GLOBAL ASSET TRACKING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 16. GLOBAL ASSET TRACKING MARKET, BY MANUFACTURING, 2019-2028 (IN $ MILLION)
FIGURE 17. GLOBAL ASSET TRACKING MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)
FIGURE 18. GLOBAL ASSET TRACKING MARKET, BY IT & TELECOMMUNICATION, 2019-2028 (IN $ MILLION)
FIGURE 19. GLOBAL ASSET TRACKING MARKET, BY OIL & GAS, 2019-2028 (IN $ MILLION)
FIGURE 20. GLOBAL ASSET TRACKING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 21. GLOBAL ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 22. UNITED STATES ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 23. CANADA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 24. UNITED KINGDOM ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 25. GERMANY ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 26. FRANCE ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 27. SPAIN ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 28. ITALY ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 29. RUSSIA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 30. REST OF EUROPE ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 31. CHINA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 32. JAPAN ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 33. INDIA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 34. SOUTH KOREA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 35. ASEAN COUNTRIES ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 36. AUSTRALIA & NEW ZEALAND ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 37. REST OF ASIA-PACIFIC ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 38. BRAZIL ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 39. MEXICO ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 40. REST OF LATIN AMERICA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 41. UNITED ARAB EMIRATES ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 42. TURKEY ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 43. SAUDI ARABIA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 44. SOUTH AFRICA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 45. REST OF MIDDLE EAST & AFRICA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

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