Report Feature
The future of the asset tracking market looks promising with opportunities in various end use industries, such as transportation & logistics, aviation and aerospace, healthcare, manufacturing, food & beverages, and construction. The global asset tracking market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 10% to 12% from 2020 to 2025. The major drivers for this market are growing demand from various end use industries, such as transportation, aerospace, and manufacturing, and increasing need for just-in-time shipment.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of asset tracking market report download the report brochure.
The study includes trends and forecasts for the global asset tracking market by component, deployment type, technology, end use industry, and region as follows:
By Component [$M shipment analysis for 2014 – 2025]:
- Hardware
- Software
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Transportation & Logistics
- Aviation and Aerospace
- Healthcare
- Manufacturing
- Food & Beverages
- Construction
- Other
By Deployment Type [$M shipment analysis for 2014 – 2025]:
- On-Cloud
- On-Premise
By Technology [$M shipment analysis for 2014 – 2025]:
- M2M/IoT
- Edge Computing
- Smart Devices
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Germany
- United Kingdom
- France
- Italy
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Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the asset tracking companies profiled in this report include ActSoft, Inc., ASAP Systems, Asset Panda, AT & T, Inc., Fleet Complete, and GigaTrak
North America, being a strong manufacturing, transportation, and logistic base, will remain the largest region during the forecast period.
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Features of Asset Tracking Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global asset tracking market by component (hardware and software), deployment type (on-cloud and on-premise), technology (M2M/IoT, edge computing, and smart devices), end use industry (transportation & logistics, aviation and aerospace, healthcare, manufacturing, food & beverages, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the asset tracking market? Q.5 What are the business risks and threats to the asset tracking market? Q.6 What are emerging trends in this asset tracking market and the reasons behind them? Q.7 What are some changing demands of customers in the asset tracking market? Q.8 What are the new developments in the asset tracking market? Which companies are leading these developments? Q.9 Who are the major players in the asset tracking market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the asset tracking market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the asset tracking market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Asset Tracking Market
6.1.1 Growth Opportunities for the Global Asset Tracking Market by End Use Industry
6.1.2 Growth Opportunities for the Global Asset Tracking Market by Deployment Type
6.1.3 Growth Opportunities for the Global Asset Tracking Market by Component
6.1.4 Growth Opportunities for the Global Asset Tracking Market by Technology
6.1.5 Growth Opportunities for the Global Asset Tracking Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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