Asset Tracking Solution Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The asset tracking solution is the solution to tracking the movement of an asset and provide complete visibility of asset locations. The growing use of asset tracking for centralizing the system that provides information such as real-time location, maintenance history, and others, henceforth rising demand for the asset tracking solution market. Furthermore, increasing demand for RFID based tracking solution is positively impacting on the growth of the asset tracking solution market. Technological advancement and increasing use of asset tracking software are further triggering the growth of the market.

MARKET DYNAMICS

The rising need for monitoring and tracking of assets is the major driver of the asset tracking solution market. The various benefits of asset tracking, such as easily view asset usage and location, ensure maximum utilization of assets by monitoring, identify unauthorized use, and others. Thus, a wide range of benefits of this solution is rising the adoption that propels the growth of the asset tracking solution market. Moreover, increasing just-in-time shipments and growing industrial assets coupled with the rising security concerns is raising demand for tracking solutions, which expected to boom the growth of the asset tracking solution market.

MARKET SCOPE

The "Global Asset Tracking Solution Market Analysis to 2031” is a specialized and in-depth study of the Asset tracking solution industry with a special focus on the global market trend analysis. The report aims to provide an overview asset tracking solution market with detailed market segmentation by component, deployment type, end-user, and geography. The global asset tracking solution market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading asset tracking solution market players and offers key trends and opportunities in the asset tracking solution market.

MARKET SEGMENTATION

The global asset tracking solution market is segmented on the basis of component, deployment type, end-user. On the basis component the market is segmented as hardware, software, services. On the basis deployment type the market is segmented as on-premises, cloud. On the basis end-user the market is segmented astransportation and logistics, aviation, healthcare, manufacturing, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global asset tracking solution market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The asset tracking solution market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting asset tracking solution market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the asset tracking solution market in these regions.

MARKET PLAYERS

The reports cover key developments in the asset tracking solution market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from asset tracking solution market are anticipated to lucrative growth opportunities in the future with the rising demand for asset tracking solution in the global market. Below mentioned is the list of few companies engaged in the asset tracking solution market.

The report also includes the profiles of key asset tracking solution companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

 Actsoft

 ASAP Systems

 Asset Panda, LLC

 AT&T Intellectual Property

 Datalogic S.p.A.

 EZ Web Enterprises, Inc.

 Honeywell International Inc.

 Trimble Inc.

 Verizon

 Zebra Technologies Corp.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Asset Tracking Solution Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Component Hardware Software Services By Deployment Type On-Premises Cloud By End-user Transportation and Logistics Aviation Healthcare Manufacturing
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Actsoft ASAP Systems Asset Panda, LLC AT and T Intellectual Property Datalogic S.p.A. EZ Web Enterprises, Inc. Honeywell International Inc. Trimble Inc. Verizon