As per a recent survey by insightSLICE, Global asset tracking market size is expected to reach USD 60.35 billion by 2031, exhibiting a CAGR of 12.6% during the forecast period 2021-2031.
The practice of tracking the location and status of an organization’s movable and stationary assets is known as asset tracking. Asset tracking systems are also quite accessible, with some of them being able to connect with mobile asset management apps for quick and easy verification, disposal, and purchasing. The ability to determine the exact address of assets in seconds also helps to ensure that company resources are safe and secure from theft or illegal activity. They can also be easily tracked and located if necessary.
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Competitive Landscape
Some of the major players in the Asset Tracking market are Verizon Connect, Asset Panda, Hilti, CloudHawk, Wasp AssetCloud, Samsara, Tenna, Azuga, ATTI, Keeptruckin, Rand McNally, Omnitracs, Nextraq, Teletrac Navman, Automile, Clearpath GPS, Zonar Systems, Mix Telematics, Blue Tree Systems, TitanGPS, Atti Fleet Tracking, Fleet Complete, Rhino Fleet Tracking.
Players in the Asset Tracking market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Asset Tracking market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Asset Tracking market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
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Users can Expect Following From this Report:
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Why you should buy this report
The Asset Tracking Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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About Us:
insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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