Asset Tracking Market was valued at USD 24.80 billion in 2024 and is expected to reach USD 71.35 billion by 2032, growing at a CAGR of 14.18% from 2025-2032.
The growth of the Asset Tracking Market is driven by increasing demand for real-time asset visibility, rising adoption of IoT and RFID technologies, and the need for operational efficiency across industries. As organizations seek to reduce asset loss, enhance utilization, and improve supply chain transparency, advanced tracking solutions are being widely implemented. According to research, asset tracking use cases rank among the top across industry deployments: 54% of IoT projects include supply chain track-and-trace, 50% feature on-site facility track-and-trace, and 45% involve location tracking. The same study reveals that large enterprises now track an average of 166,000 assets daily, and approximately 20% of the 18.8 billion global IoT devices are dedicated to asset tracking and visibility. The surge in e-commerce, expansion of transportation & logistics networks, and growing reliance on data-driven decision-making further fuel market growth. Additionally, the proliferation of cloud-based tracking platforms and mobile accessibility are enabling more flexible and scalable asset management, making these solutions vital for modern enterprises.
U.S. Asset Tracking Market was valued at USD 6.79 billion in 2024 and is expected to reach USD 19.20 billion by 2032, growing at a CAGR of 13.87% from 2025-2032.
The U.S. Asset Tracking Market is growing due to rising adoption of IoT, RFID, and GPS technologies, increasing demand for real-time asset monitoring, and the need to reduce operational losses, enhance efficiency, and support digital transformation across key industries.
Drivers
Rising demand for real-time visibility and operational efficiency boosts asset tracking adoption across logistics and manufacturing industries globally
Rising demand for real-time asset visibility and operational efficiency is driving the widespread adoption of asset tracking technologies across logistics, manufacturing, and transportation sectors. Businesses increasingly need to minimize asset losses, reduce downtime, and optimize resource utilization, which real-time tracking facilitates through RFID, IoT, and GPS-based solutions. With global supply chains growing more complex, enterprises seek tools to monitor asset conditions and locations in real time. This demand is further intensified by customer expectations for timely deliveries and compliance with industry regulations. As a result, companies are investing heavily in advanced tracking systems to enhance transparency and operational control.
A U.S. Department of Transportation supply-chain assessment highlights that the Port Authority of New York & New Jersey uses RFID tags and mobile applications like PortTruckPass to share booking status, equipment availability, truck turn-times, and congestion data in near real time helping reduce delays and improve throughput across six major terminals.
Restraints
Data privacy concerns and cybersecurity threats undermine trust in connected asset tracking technologies and hinder market expansion
Data privacy concerns and cybersecurity threats undermine trust in connected asset tracking technologies and hinder broader market expansion. Asset tracking systems rely on the continuous transmission and storage of location and usage data, raising concerns about unauthorized access, surveillance, and misuse. Enterprises fear potential breaches that could compromise confidential information or expose their operational vulnerabilities. Regulatory compliance with data protection laws (like GDPR) also complicates deployment. As threats like hacking, spoofing, and data interception grow more sophisticated, companies become cautious about adopting cloud-based or wireless tracking solutions, stalling investments despite the advantages these technologies offer.
Opportunities
Expansion of e-commerce and global logistics creates demand for scalable asset tracking to ensure delivery accuracy and inventory control
Expansion of e-commerce and global logistics creates significant demand for scalable asset tracking solutions to ensure delivery accuracy and inventory control. As online retail and cross-border trade surge, businesses are under pressure to manage increasingly dispersed inventories and track assets across vast, dynamic supply chains. Asset tracking enables real-time updates on shipment location, delays, and delivery confirmation key factors for customer satisfaction and operational efficiency. The rise of last-mile delivery, fulfillment automation, and omnichannel retail models presents an immense opportunity for deploying flexible, cloud-based tracking systems tailored to evolving logistics needs across both developed and emerging markets.
The U.S. General Services Administration (GSA) mandates executive agencies to implement Asset Management Systems (AMS) capable of real-time asset visibility, downtime tracking, and usage analytics as part of the Federal Management Regulation (FMR) 102-36.
In Walmart’s 2023 press release, the company detailed how Walmart Commerce Technologies leverages AI-based systems to optimize inventory accuracy and movement across its pickup, delivery, and in-store channels implying integration of real-time asset tracking in supply chain processes.
Challenges
Lack of standardization and interoperability across asset tracking technologies hampers seamless integration and cross-platform data management
Lack of standardization and interoperability across asset tracking technologies hampers seamless integration and cross-platform data management. With various vendors using proprietary hardware and communication protocols, achieving system compatibility remains a major hurdle for organizations adopting asset tracking at scale. This fragmentation leads to siloed data, redundant systems, and increased integration costs. Enterprises struggle to consolidate tracking information across departments, regions, or supply chain partners. Without standardized frameworks, the efficiency and scalability of tracking systems are significantly reduced. The challenge grows with increased complexity in hybrid environments involving RFID, Bluetooth, GPS, and cellular technologies used simultaneously.
By Enterprise Size
Large enterprises dominated the Asset Tracking Market in 2024 with a revenue share of around 62% due to their large-scale operations, complex supply chains, and need for centralized asset visibility. These organizations invest heavily in advanced tracking infrastructure to minimize losses, improve efficiency, and ensure regulatory compliance. Their substantial budgets and digital transformation strategies further enable the deployment of scalable, enterprise-grade tracking solutions across global facilities.
SMEs are projected to grow at the fastest CAGR of about 15.90% from 2025 to 2032, driven by increasing awareness of operational efficiency and cost savings through tracking. Affordable cloud-based solutions and mobile-compatible platforms have lowered entry barriers, making adoption feasible. Government digitization initiatives and the growing need for supply chain visibility among SMEs are also accelerating market growth in this segment.
By End Use
The transportation & logistics sector held the highest revenue share of around 33% in 2024 due to its heavy reliance on real-time visibility of mobile assets. Continuous tracking of fleet, cargo, and containers is essential for optimizing delivery schedules, preventing theft, and reducing fuel costs. High logistics activity in cross-border trade and e-commerce has reinforced the sector's dependence on asset tracking systems.
Retail & e-commerce is expected to grow at the fastest CAGR of 17.49% from 2025 to 2032, as businesses demand precise inventory tracking, warehouse optimization, and seamless fulfillment processes. The rise in online shopping, multichannel sales, and customer expectations for fast deliveries has made asset tracking critical for retail success. Cloud-based and scalable solutions are particularly appealing to this fast-paced, high-turnover sector.
By Technology
RFID (Radio-Frequency Identification) led the Asset Tracking Market in 2024 with a 34% revenue share due to its cost-effectiveness, scalability, and suitability for large inventories. RFID tags enable automated tracking of assets without line-of-sight requirements, making them ideal for warehousing, logistics, and retail. Their ability to scan multiple items simultaneously increases efficiency and reduces manual error, driving widespread enterprise adoption.
The M2M/IoT segment is projected to grow at the fastest CAGR of 17.21% from 2025 to 2032, driven by growing adoption of smart sensors and connected infrastructure. Businesses are leveraging IoT to monitor assets in real-time, analyze performance data, and enable predictive maintenance. As 5G and edge computing expand, IoT-based asset tracking offers scalable, intelligent solutions across industries seeking automation and operational transparency.
By Component
The software segment dominated the Asset Tracking Market in 2024 with a revenue share of approximately 58% due to rising demand for centralized monitoring, analytics, and automation capabilities. Software platforms enable seamless integration with IoT devices, offer real-time data visualization, and support asset lifecycle management. With businesses prioritizing data-driven decision-making and operational transparency, software solutions have become indispensable. The increasing adoption of AI-enabled tracking, predictive analytics, and customizable dashboards further drives the segment’s dominance across diverse industry verticals.
By Deployment
The cloud segment led the Asset Tracking Market in 2024 with a revenue share of about 54%, owing to its scalability, accessibility, and cost-effectiveness. Cloud-based solutions allow businesses to track assets remotely, ensure data synchronization across locations, and reduce IT infrastructure costs. As enterprises shift toward digital transformation, the cloud offers rapid deployment, real-time updates, and integration with mobile and IoT platforms. Its flexibility and support for distributed operations make it the preferred deployment model globally.
North America dominated the Asset Tracking Market in 2024 with a 39% revenue share due to its advanced digital infrastructure, early adoption of IoT technologies, and strong presence of key players. High investment in logistics, healthcare, and manufacturing sectors fuels demand for asset visibility and security. Regulatory compliance requirements and the region’s focus on automation further drive widespread implementation of asset tracking systems across industries.
The United States is dominating the Asset Tracking Market in North America due to its advanced technology infrastructure, strong logistics sector, and early IoT adoption.
Asia Pacific is expected to grow at the fastest CAGR of 16.19% from 2025 to 2032, driven by rapid industrialization, expanding logistics networks, and growing e-commerce activity. Governments in the region are investing heavily in digital infrastructure and smart city initiatives, creating fertile ground for asset tracking adoption. Increasing awareness among SMEs and declining costs of IoT-based solutions are further accelerating market growth across developing economies such as India, China, and Southeast Asia.
China is dominating the Asset Tracking Market in Asia Pacific due to its massive manufacturing sector, expanding logistics network, and strong investments in IoT technologies.
Europe is experiencing steady growth in the Asset Tracking Market due to rising demand for real-time asset monitoring, increased automation, and strict regulatory compliance across industries. Advancements in IoT and cloud integration are further accelerating technology adoption.
Germany is dominating the Asset Tracking Market in Europe, driven by its advanced manufacturing sector, strong industrial base, and widespread adoption of automation technologies.
The Asset Tracking Market in the Middle East & Africa and Latin America is growing steadily, driven by expanding industrial activities, improving digital infrastructure, and increasing awareness of asset security, especially in logistics, oil and gas, and public sector operations.
Asset Tracking Market companies are Actsoft Inc., ASAP Systems, Asset Panda, AT&T Inc., Fleet Complete, GigaTrak, OnAsset Intelligence Inc., Qualcomm Technologies Inc., Samsara Inc., Spireon Inc., Tenna, Trimble Inc., Verizon, Wasp Barcode Technologies, Link Labs, Insider Navigation Inc., Zebra Technologies Corp., Quinta Systems Private Limited, Cisco Systems Inc., Honeywell International Inc.
2024: Asset Panda launched a set of powerful new features enabling custom notification/action dates, searchable counts, reorganizable display columns, and grouped views enhancing flexibility and simplicity in real-time mobile asset tracking workflows.
2024: Samsara Inc. introduced its Asset Tag in June 2024, a compact Bluetooth tracker integrated with their cloud‑based network, enabling real-time tracking of tools and small assets in industries like construction.
Report Attributes | Details |
---|---|
Market Size in 2024 | USD 24.80 Billion |
Market Size by 2032 | USD 71.35 Billion |
CAGR | CAGR of 14.18% From 2025 to 2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Data | 2021-2023 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Component (Hardware, Software, Services) • By Technology (RFID (Radio-Frequency Identification), M2M/IoT, GPS, Barcode, Others) • By Deployment (Cloud, On-premise) • By Enterprise Size (Large Enterprises, SMEs) • By End Use (Transportation & Logistics, Manufacturing, Healthcare, Retail & E-commerce, Aviation, Government, Others) |
Regional Analysis/Coverage | North America (US, Canada), Europe (Germany, UK, France, Italy, Spain, Russia, Poland, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN Countries, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Mexico, Colombia, Rest of Latin America). |
Company Profiles | Actsoft Inc., ASAP Systems, Asset Panda, AT&T Inc., Fleet Complete, GigaTrak, OnAsset Intelligence Inc., Qualcomm Technologies Inc., Samsara Inc., Spireon Inc., Tenna, Trimble Inc., Verizon, Wasp Barcode Technologies, Link Labs, Insider Navigation Inc., Zebra Technologies Corp., Quinta Systems Private Limited, Cisco Systems Inc., Honeywell International Inc. |
Ans: The Asset Tracking Market is expected to grow at a CAGR of 14.18% from 2025 to 2032, driven by rising demand for real-time visibility.
Ans: The Asset Tracking Market was valued at USD 24.80 billion in 2024, led by strong adoption in logistics, manufacturing, and enterprise-level tracking systems.
Ans: Rising demand for real-time asset visibility, IoT and RFID adoption, and the need for operational efficiency are key drivers of market growth.
Ans: The software segment dominated the market in 2024 with a 58% share due to its integration capabilities, analytics functions, and centralized monitoring features.
Ans: North America dominated the Asset Tracking Market in 2024 with a 39% share, supported by digital infrastructure and widespread IoT adoption.
Table Of Contents
1. Introduction
1.1 Market Definition & Scope
1.2 Research Assumptions & Abbreviations
1.3 Research Methodology
2. Executive Summary
2.1 Market Snapshot
2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032
2.3 Market Size & Forecast, By Segmentation, 2021–2032
2.3.1 Market Size By Component
2.3.2 Market Size By Technology
2.3.3 Market Size By Deployment
2.3.4 Market Size By Enterprise Size
2.3.5 Market Size By End Use
2.4 Market Share & Bps Analysis By Region, 2024
2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic
2.6 Industry CxO’s Perspective
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Key Market Trends
3.2 Industry PESTLE Analysis
3.3 Key Industry Forces (Porter’s) Impacting Market Growth
3.4 Industry Supply Chain Analysis
3.4.1 Raw Material Suppliers
3.4.2 Manufacturers
3.4.3 Distributors/Suppliers
3.4.4 Customers/End-Users
3.5 Industry Life Cycle Assessment
3.6 Parent Market Overview
3.7 Market Risk Assessment
4. Statistical Insights & Trends Reporting
4.1 Operational & Financial Insights
4.1.1 Average cost per tracking device (USD)
4.1.2 Average software license fee (USD/year)
4.1.3 Return on investment (ROI) period for asset tracking solutions (months)
4.1.4 Asset loss or theft reduction after adoption (%)
4.1.5 Operational cost savings due to tracking (%)
4.2 Performance & Efficiency Improvements
4.2.1 Asset utilization rate improvement (%)
4.2.2 Downtime reduction for tracked equipment (%)
4.2.3 Improvement in maintenance scheduling efficiency (%)
4.2.4 Reduction in manual inventory audits (%)
4.2.5 Real-time alert response time (average in minutes)
4.3 Integration & Platform Usage
4.3.1 Percentage of asset tracking platforms with ERP/WMS integration (%)
4.3.2 Share of platforms using AI/ML for predictive analytics (%)
4.3.3 Mobile app availability among vendors (%)
4.3.4 Average number of integrations per solution
4.3.5 Share of systems supporting multi-location asset management (%)
4.4 Security & Compliance Metrics
4.4.1 Percentage of vendors offering data encryption in transit and at rest (%)
4.4.2 Share of users experiencing security breaches (%)
4.4.3 Compliance with standards (ISO 27001, GDPR, etc.) (%)
4.4.4 Tamper detection rate (%)
4.4.5 Percentage of solutions offering audit trails and user access control (%)
5. Asset Tracking Market Segmental Analysis & Forecast, By Component, 2021 – 2032, Value (USD Billion)
5.1 Introduction
5.2 Hardware
5.2.1 Key Trends
5.2.2 Market Size & Forecast, 2021 – 2032
5.3 Software
5.3.1 Key Trends
5.3.2 Market Size & Forecast, 2021 – 2032
5.4 Services
5.4.1 Key Trends
5.4.2 Market Size & Forecast, 2021 – 2032
6. Asset Tracking Market Segmental Analysis & Forecast, By Technology, 2021 – 2032, Value (USD Billion)
6.1 Introduction
6.2 RFID (Radio-Frequency Identification)
6.2.1 Key Trends
6.2.2 Market Size & Forecast, 2021 – 2032
6.3 M2M/IoT
6.3.1 Key Trends
6.3.2 Market Size & Forecast, 2021 – 2032
6.4 GPS
6.4.1 Key Trends
6.4.2 Market Size & Forecast, 2021 – 2032
6.5 Barcode
6.5.1 Key Trends
6.5.2 Market Size & Forecast, 2021 – 2032
6.6 Others
6.6.1 Key Trends
6.6.2 Market Size & Forecast, 2021 – 2032
7. Asset Tracking Market Segmental Analysis & Forecast, By Enterprise Size, 2021 – 2032, Value (USD Billion)
7.1 Introduction
7.2 Large Enterprises
7.2.1 Key Trends
7.2.2 Market Size & Forecast, 2021 – 2032
7.3 SMEs
7.3.1 Key Trends
7.3.2 Market Size & Forecast, 2021 – 2032
8. Asset Tracking Market Segmental Analysis & Forecast, By End Use, 2021 – 2032, Value (USD Billion)
8.1 Introduction
8.2 Transportation & Logistics
8.2.1 Key Trends
8.2.2 Market Size & Forecast, 2021 – 2032
8.3 Manufacturing
8.3.1 Key Trends
8.3.2 Market Size & Forecast, 2021 – 2032
8.4 Healthcare
8.4.1 Key Trends
8.4.2 Market Size & Forecast, 2021 – 2032
8.5 Retail & E-commerce
8.5.1 Key Trends
8.5.2 Market Size & Forecast, 2021 – 2032
8.6 Aviation
8.6.1 Key Trends
8.6.2 Market Size & Forecast, 2021 – 2032
8.7 Government
8.7.1 Key Trends
8.7.2 Market Size & Forecast, 2021 – 2032
8.8 Others
8.8.1 Key Trends
8.8.2 Market Size & Forecast, 2021 – 2032
9. Asset Tracking Market Segmental Analysis & Forecast, By Deployment, 2021 – 2032, Value (USD Billion)
9.1 Introduction
9.2 Cloud
9.2.1 Key Trends
9.2.2 Market Size & Forecast, 2021 – 2032
9.3 On-premise
9.3.1 Key Trends
9.3.2 Market Size & Forecast, 2021 – 2032
10. Asset Tracking Market Segmental Analysis & Forecast By Region, 2021 – 2032, Value (USD Billion)
10.1 Introduction
10.2 North America
10.2.1 Key Trends
10.2.2 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.2.3 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.2.4 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.2.5 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.2.6 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.2.7 Asset Tracking Market Size & Forecast, By Country, 2021 – 2032
10.2.7.1 USA
10.2.7.1.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.2.7.1.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.2.7.1.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.2.7.1.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.2.7.1.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.2.7.2 Canada
10.2.7.2.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.2.7.2.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.2.7.2.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.2.7.2.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.2.7.2.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3 Europe
10.3.1 Key Trends
10.3.2 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.3 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.4 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.5 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.6 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7 Asset Tracking Market Size & Forecast, By Country, 2021 – 2032
10.3.7.1 Germany
10.3.7.1.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.1.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.1.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.1.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.1.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.2 UK
10.3.7.2.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.2.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.2.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.2.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.2.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.3 France
10.3.7.3.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.3.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.3.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.3.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.3.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.4 Italy
10.3.7.4.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.4.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.4.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.4.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.4.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.5 Spain
10.3.7.5.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.5.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.5.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.5.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.5.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.6 Russia
10.3.7.6.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.6.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.6.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.6.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.6.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.7 Poland
10.3.7.7.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.7.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.7.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.7.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.7.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.3.7.8 Rest of Europe
10.3.7.8.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.3.7.8.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.3.7.8.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.3.7.8.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.3.7.8.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4 Asia-Pacific
10.4.1 Key Trends
10.4.2 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.3 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.4 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.5 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.6 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7 Asset Tracking Market Size & Forecast, By Country, 2021 – 2032
10.4.7.1 China
10.4.7.1.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.1.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.1.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.1.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.1.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7.2 India
10.4.7.2.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.2.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.2.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.2.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.2.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7.3 Japan
10.4.7.3.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.3.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.3.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.3.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.3.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7.4 South Korea
10.4.7.4.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.4.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.4.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.4.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.4.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7.5 Australia
10.4.7.5.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.5.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.5.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.5.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.5.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7.6 ASEAN Countries
10.4.7.6.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.6.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.6.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.6.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.6.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.4.7.7 Rest of Asia-Pacific
10.4.7.7.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.4.7.7.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.4.7.7.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.4.7.7.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.4.7.7.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.5 Latin America
10.5.1 Key Trends
10.5.2 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.5.3 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.5.4 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.5.5 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.5.6 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.5.7 Asset Tracking Market Size & Forecast, By Country, 2021 – 2032
10.5.7.1 Brazil
10.5.7.1.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.5.7.1.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.5.7.1.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.5.7.1.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.5.7.1.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.5.7.2 Argentina
10.5.7.2.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.5.7.2.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.5.7.2.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.5.7.2.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.5.7.2.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.5.7.3 Mexico
10.5.7.3.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.5.7.3.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.5.7.3.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.5.7.3.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.5.7.3.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.5.7.4 Colombia
10.5.7.4.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.5.7.4.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.5.7.4.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.5.7.4.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.5.7.4.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.5.7.5 Rest of Latin America
10.5.7.5.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.5.7.5.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.5.7.5.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.5.7.5.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.5.7.5.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6 Middle East & Africa
10.6.1 Key Trends
10.6.2 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.3 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.4 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.5 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.6 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6.7 Asset Tracking Market Size & Forecast, By Country, 2021 – 2032
10.6.7.1 UAE
10.6.7.1.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.7.1.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.7.1.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.7.1.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.7.1.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6.7.2 Saudi Arabia
10.6.7.2.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.7.2.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.7.2.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.7.2.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.7.2.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6.7.3 Qatar
10.6.7.3.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.7.3.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.7.3.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.7.3.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.7.3.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6.7.4 Egypt
10.6.7.4.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.7.4.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.7.4.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.7.4.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.7.4.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6.7.5 South Africa
10.6.7.5.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.7.5.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.7.5.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.7.5.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.7.5.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
10.6.7.6 Rest of Middle East & Africa
10.6.7.6.1 Asset Tracking Market Size & Forecast, By Component, 2021 – 2032
10.6.7.6.2 Asset Tracking Market Size & Forecast, By Technology, 2021 – 2032
10.6.7.6.3 Asset Tracking Market Size & Forecast, By Enterprise Size, 2021 – 2032
10.6.7.6.4 Asset Tracking Market Size & Forecast, By End Use, 2021 – 2032
10.6.7.6.5 Asset Tracking Market Size & Forecast, By Deployment, 2021 – 2032
11. Competitive Landscape
11.1 Key Players' Positioning
11.2 Competitive Developments
11.2.1 Key Strategies Adopted (%), By Key Players, 2024
11.2.2 Year-Wise Strategies & Development, 2021 – 2025
11.2.3 Number Of Strategies Adopted By Key Players, 2024
11.3 Market Share Analysis, 2024
11.4 Product/Service & Application Benchmarking
11.4.1 Product/Service Specifications & Features By Key Players
11.4.2 Product/Service Heatmap By Key Players
11.4.3 Application Heatmap By Key Players
11.5 Industry Start-Up & Innovation Landscape
11.6 Key Company Profiles
11.6 Key Company Profiles
11.6.1 Actsoft Inc.
11.6.1.1 Company Overview & Snapshot
11.6.1.2 Product/Service Portfolio
11.6.1.3 Key Company Financials
11.6.1.4 SWOT Analysis
11.6.2 ASAP Systems
11.6.2.1 Company Overview & Snapshot
11.6.2.2 Product/Service Portfolio
11.6.2.3 Key Company Financials
11.6.2.4 SWOT Analysis
11.6.3 Asset Panda
11.6.3.1 Company Overview & Snapshot
11.6.3.2 Product/Service Portfolio
11.6.3.3 Key Company Financials
11.6.3.4 SWOT Analysis
11.6.4 AT&T Inc.
11.6.4.1 Company Overview & Snapshot
11.6.4.2 Product/Service Portfolio
11.6.4.3 Key Company Financials
11.6.4.4 SWOT Analysis
11.6.5 Fleet Complete
11.6.5.1 Company Overview & Snapshot
11.6.5.2 Product/Service Portfolio
11.6.5.3 Key Company Financials
11.6.5.4 SWOT Analysis
11.6.6 GigaTrak
11.6.6.1 Company Overview & Snapshot
11.6.6.2 Product/Service Portfolio
11.6.6.3 Key Company Financials
11.6.6.4 SWOT Analysis
11.6.7 OnAsset Intelligence Inc.
11.6.7.1 Company Overview & Snapshot
11.6.7.2 Product/Service Portfolio
11.6.7.3 Key Company Financials
11.6.7.4 SWOT Analysis
11.6.8 Qualcomm Technologies Inc.
11.6.8.1 Company Overview & Snapshot
11.6.8.2 Product/Service Portfolio
11.6.8.3 Key Company Financials
11.6.8.4 SWOT Analysis
11.6.9 Samsara Inc.
11.6.9.1 Company Overview & Snapshot
11.6.9.2 Product/Service Portfolio
11.6.9.3 Key Company Financials
11.6.9.4 SWOT Analysis
11.6.10 Spireon Inc.
11.6.10.1 Company Overview & Snapshot
11.6.10.2 Product/Service Portfolio
11.6.10.3 Key Company Financials
11.6.10.4 SWOT Analysis
11.6.11 Tenna
11.6.11.1 Company Overview & Snapshot
11.6.11.2 Product/Service Portfolio
11.6.11.3 Key Company Financials
11.6.11.4 SWOT Analysis
11.6.12 Trimble Inc.
11.6.12.1 Company Overview & Snapshot
11.6.12.2 Product/Service Portfolio
11.6.12.3 Key Company Financials
11.6.12.4 SWOT Analysis
11.6.13 Verizon
11.6.13.1 Company Overview & Snapshot
11.6.13.2 Product/Service Portfolio
11.6.13.3 Key Company Financials
11.6.13.4 SWOT Analysis
11.6.14 Wasp Barcode Technologies
11.6.14.1 Company Overview & Snapshot
11.6.14.2 Product/Service Portfolio
11.6.14.3 Key Company Financials
11.6.14.4 SWOT Analysis
11.6.15 Link Labs
11.6.15.1 Company Overview & Snapshot
11.6.15.2 Product/Service Portfolio
11.6.15.3 Key Company Financials
11.6.15.4 SWOT Analysis
11.6.16 Insider Navigation Inc.
11.6.16.1 Company Overview & Snapshot
11.6.16.2 Product/Service Portfolio
11.6.16.3 Key Company Financials
11.6.16.4 SWOT Analysis
11.6.17 Zebra Technologies Corp.
11.6.17.1 Company Overview & Snapshot
11.6.17.2 Product/Service Portfolio
11.6.17.3 Key Company Financials
11.6.17.4 SWOT Analysis
11.6.18 Quinta Systems Private Limited
11.6.18.1 Company Overview & Snapshot
11.6.18.2 Product/Service Portfolio
11.6.18.3 Key Company Financials
11.6.18.4 SWOT Analysis
11.6.19 Cisco Systems Inc.
11.6.19.1 Company Overview & Snapshot
11.6.19.2 Product/Service Portfolio
11.6.19.3 Key Company Financials
11.6.19.4 SWOT Analysis
11.6.20 Honeywell International Inc.
11.6.20.1 Company Overview & Snapshot
11.6.20.2 Product/Service Portfolio
11.6.20.3 Key Company Financials
11.6.20.4 SWOT Analysis
12. Analyst Recommendations
12.1 SNS Insider Opportunity Map
12.2 Industry Low-Hanging Fruit Assessment
12.3 Market Entry & Growth Strategy
12.4 Analyst Viewpoint & Suggestions On Market Growth
13. Assumptions
14. Disclaimer
15. Appendix
15.1 List Of Tables
15.2 List Of Figures
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Component
Hardware
Software
Services
By Technology
RFID (Radio-Frequency Identification)
M2M/IoT
GPS
Barcode
Others
By Deployment
Cloud
On-premise
By Enterprise Size
Large Enterprises
SMEs
By End Use
Transportation & Logistics
Manufacturing
Healthcare
Retail & E-commerce
Aviation
Government
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
ASEAN Countries
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Mexico
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players