The global asset tracking market is expected to grow at a CAGR of around 12.9% during 2024-2033. This report on global asset tracking market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global asset tracking market by segmenting the market based on component, deployment type, end user, and region. Also, detailed profiles of companies operating in the asset tracking market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
- Increase in Demand from Third-party Logistics Companies
- Increasing Adoption of IoT Devices for Asset Tracking
Market Challenges
- High Cost
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Component
- Hardware
- Software
Market by Deployment Type
- Cloud Based
- On-Premise
Market by End User
- Transportation and Logistics
- Aviation
- Healthcare
- Manufacturing
- Food and Beverages
- Others
Market by Region
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa