Press release
Tracking-as-a-Service Market Scope by Trends and Opportunities to Expand Significantly by 2025
The advancement in technologies has resulted in rapid growth of logistics and transportation sector. Advanced technologies such as warehouse robotics in the supply chain, self-drive vehicles and RFID integrated goods vehicle, and automation in retail industry have resulted in increasing demand for cloud based solution like tracking-as-a-service. It helps to keep track on track inventories, assets, and vehicle without any human intervention. The manufacturing industries that heavily rely on the logistics and transportation considers tracking-as-a-service as one of the essential service solutions in order to run their production effortlessly.
Tracking-as-a-service can be defined a solution based on the cloud where it helps industries to track their day to day business processes. Industries like retail and manufacturing deliver goods every day, where the deployment of a tracking system is necessary in order to get acknowledged about the delivery of a product or whether the inventory needs to be updated. In order to keep this track, industries use tracking-as-a-service for remote monitoring purpose.
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Tracking-as-a-Service: Drivers and Restraints
The advanced technologies had led to increasing use of mobility solutions by enterprises which drives the usage of solutions like tracking-as-a-service to keep track of mobile devices. Also, growing use of electronic monitoring for personal and professional work is anticipated to boost the market growth of tracking-as-a-service.
The industries have many privacy concerns regarding electronic monitoring which restrains the enterprises from adopting the solution. There is even chance of security breach by intruders who may interrupt the tracking software. Also, low access is given to the customers. Such factors hamper the growth of the tracking-as-a-service market.
Innovation in technologies like robots in warehouses, investment in research and development and increasing adoption of tracking-as-a-service solutions by retail sector are the key trends in the market.
Tracking-as-a-Service: Segmentation
Segmentation based on types of service provided by Tracking-as-a-Service in Market:
Platform-as-a-service (PaaS): It includes basic functionalities such as basic tracking of device, monitoring or analytics services
Software-as-a-service (SaaS): It is used for planning the routes, choosing optimal travelling paths, location data and analytics
Segmentation based on end-user of Tracking-as-a-Service in Market:
Retail
Manufacturing
E-commerce
Consumer electronics
Transportation
Distribution & Delivery
Healthcare
Security
Others
Segmentation based on location of use of Tracking-as-a-Service in Market:
Indoor
Outdoor
Tracking-as-a-Service: Competitive Landscape
The key players of the Motorola Solutions, Inc., AssetTrackr, AT&T Inc., Zebra Technologies, AssetTrackr Pvt Ltd., DigiCore Holdings Limited, Verizon Communications, Geotab Inc., Blackline GPS Inc and spider tracks limited.
Regional Overview
North America is expected to be the largest market for Tracking-as-a-Service market. The majority of Tracking-as-a-Service vendors such as AT&T Inc., Motorola Solutions, Inc. and Honeywell International Inc. are based in North America region. This is attributed to increasing advances in automation technology in the region. The market is anticipated to grow in Asia Pacific region due to presence of other vendors like AssetTrackr and spider tracks limited in the region.
The report covers exhaustive analysis on:
Global Tracking-as-a-Service Market Segments
Global Tracking-as-a-Service Market Dynamics
Historical Actual Market Size, 2012 - 2016
Global Tracking-as-a-Service Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain for Tracking-as-a-Service Market
Global Tracking-as-a-Service Market Current Trends/Issues/Challenges
Competition & Companies involved in Tracking-as-a-Service Market
Tracking-as-a-Service Technology
Value Chain of Sales Performance Management solutions
Global Tracking-as-a-Service Market Drivers and Restraints
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Regional analysis for Global Tracking-as-a-Service Market includes
North America Tracking-as-a-Service Market
US
Canada
Latin America Tracking-as-a-Service Market
Argentina
Mexico
Brazil
Rest of Latin America
Western Europe Tracking-as-a-Service Market
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Rest of Western Europe
Eastern Europe Tracking-as-a-Service Market
Poland
Russia
Asia Pacific Tracking-as-a-Service Market
Australia and New Zealand (A&NZ)
China
India
ASEAN
Rest of Asia Pacific
Japan Tracking-as-a-Service Market
The Middle East and Africa Tracking-as-a-Service Market
GCC Countries
North Africa
South Africa
Rest of MEA
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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