Asset Tracking Market Outlook and Forecasts 2023 – 2030

Asset Tracking Market Outlook and Forecasts 2023 – 2030

Asset tracking refers to the monitoring and managing fixed equipment, machines, movable and portable items, fleets and vehicles, and tools from the acquisition to the retirement of the asset across multiple facilities including small and medium enterprises, large enterprises, industrial facilities, government and military facilities, and to some extent household assets.

Large enterprise organizations have historically utilized relatively expensive technologies and solutions for tracking valuable assets. Monitoring involves general location, logistics, and tactical operations such as coordination of machines and equipment location relative to physical infrastructure.

Modern asset tracking market has rapidly transformed from the early days of fixed asset monitoring to functional integration of both fixed and variable assets using Machine-to-Machine (M2M) technologies. The new environment is still in the development stage in which assets may be portable or highly mobile with varying sizes, use cases, and industries.

Advancements in miniaturization and communications have made tracking of lower value assets more practical and expanded the range of potential application across various industries covering multiple types of assets.

This asset tracking report evaluates the advancement of asset tracking technologies and solutions across many industry verticals. This includes location determination technology, asset tracking software, and services. The report analyses the overall asset tracking ecosystem with a lens focused on core market drivers.

The report also assesses the impacts of asset tracking systems based on various use cases related with both fixed, movable, and portable assets, and interrelation with other emerging technologies such as AI, big data storage and analytics, smart building integration and augmented reality, smart workplace, and other areas.

The report also discussed the potential benefits of the use of video telematics in asset tracking, asset tracking market within IoT segment, RFID based tracking market, and tracking of living creatures. The report provides forecasts for the asset tracking market for the period of 2023 to 2030 along with other markets such as IoT enabled asset tracking market, video safety market in asset tracking, RFID slap-and-track, and living creature tracking.

Select Report Findings:

Asset tracking market will reach USD $77.4 billion by 2030
RFID based slap-and-track market will grow at 29.9% CAGR
Living creature tracking market will reach to USD $12.44 billion by 2030
Fleet tracking market will be more than 80% market share of the total market
The Internet of Things enabled asset tracking market will grow at 12.9% CAGR
Video safety market in asset tracking market will reach USD $11.51 billion by 2030

Companies in Report:

Abeeway (Actility)
Actsoft Inc.
Advanced Tracking Technologies Inc. (Advantrack)
AHRMA
Alphabet International GmbH
Apptricity
Arvento Mobile Systems
ASAP Systems
AssetPanda
Astrocast
AT&T
Azuga (Bridgestone Company)
Blackberry (Radar, QNX)
Blue Tree Systems (ORBCOMM)
Blue Yonder Group Inc.
Bosch Connected Devices and Solutions GmbH
Brilliant Info Systems Pvt. Ltd.
CalAmp
Chekhra
ClearPath GPS Inc.
CLS (Collecte Localisation Satellites)
Datalogic S.P.A
DriveFactor (CCC Information Services Inc.)
Entigral Systems Inc.
Epicor Software Corporation
EquipmentShare
Fi (Barking Labs)
Findster Technologies
Fleet Complete
Fleet Safety International (FSI)
Fleetilla LLC
Fleetistics
FleetManager
FleetMind (Safe Fleet Holdings)
Fleetup
Freshworks
Geotab Inc.
GigaTrack
Global Satellite Engineering (GSAttrack)
Globalstar
Go Fleet
GPS Insight
GPS Trackit Communications LLC
Gurtam
Hiber B.V.
Holman Inc.
Honeywell International Inc.
IBM Corporation
Impinj Inc.
Inseego Corp.
Intouch GPS (GPSTrackit)
Iridium Communications Inc.
Jolly Technologies Inc.
Kineis
Litum IoT
LocoNav
Lowry Solutions
Lytx Inc.
M2M in Motion
Microsoft Corporation
Mix Telematics
Mojix Inc.
Momentum IoT Inc.
mOOvement
Myriota
NexTraq (Michelin)
NimbeLink (Airgain Inc.)
Northrop Grumman
Omnitracs
OnAsset Intelligence Inc.
Oracle Corporation
ORBCOMM
Ovinto
Particle Industries Inc.
PassTime
PcsInfinity
Pedigree Technologies
PTC (ThingWorx)
QBurst
Quantum Aviation Solutions
Raven Connected (KlashWerks)
RedBeam Inc. (Strategic Systems & Technology Corporation)
Rhino Fleet Tracking
Roambee
SafeFleet
Samsara
SAP SE
Sato Holdings Corporation
Sendum Wireless Corporation
Senseaware (Fedex)
Sensitech Inc.
Sequans
Sierra Wireless Inc. (Numerex)
Sigfox
SISFO (Development of Information Systems and Technology)
Skybitz Inc.
Smart Asset Manager Limited
Smart Path GPS
Sortly Inc.
Speedshield Technologies (Adaptalift Group)
Spireon Inc. (Lojack)
Sportdog (Radio Systems Corporation)
Sprint Corporation
Stanley Black & Decker Inc.
t42
Targa Telematics SPA
Telefonica
Telit
Teltrac Navman US Ltd.
Tenna
T-Mobile
TomTom International BV
Topcon Corporation
TrackX Inc.
Tramigo Ltd.
Trimble Inc.
TVL Inc. (WiseTrack)
Ubisense Group Plc.
UpKeep Technologies Inc.
Verizon Wireless
Visma
Vodafone Group
VTG
Wasp Barcode Technologies
Whistle
Windward Software
Zebra Technologies
Zerion Software Inc.
Zonar Systems (Continental)
Zubie Inc.