Global Asset Tracking and Inventory Management Solutions Market key Business analysis and influencing Key Players by 2025- EMS Barcode Solutions, Honeywell, Datalogic, Epicor Software, Stanley Black & Decker, Inc., Windward Software, JDA Software, Oracle

Strategically sound moves like product launches, researches, joint ventures, mergers, and acquisitions are being made by the top players and brands that influence the market. The Asset Tracking and Inventory Management Solutions market has been divided into different sections according to product, application, end-user, and region.

The assistance of SWOT analysis and Porter’s Five Forces tool the report will help the reader analyse the drivers and restraints of the market. An exhaustive study of the Semiconductors and Electronics industry has been given in this report which explains what the market definition, classifications, applications, engagements, and global industry trends.

The company statistics of the major players and brands in the Global Asset Tracking and Inventory Management Solutions market have been provided in this market report.

The Global Asset Tracking and Inventory Management Solutions Market is expected to reach USD 31.9 billion by 2025 from USD 11.8 billion in 2017 and is projected to grow at a CAGR of 12.7 % by 2025.

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Key Players: Global Asset Tracking and Inventory Management Solutions Market

Honeywell, Datalogic, Epicor Software, Stanley Black & Decker, Inc., Windward Software, JDA Software, Lowry Solutions, Oracle, SAP, Microsoft, Chekhra Business Solutions Pvt Ltd, EMS Barcode Solutions, LLC, RedBeam, Inc., Zebra Technologies, Wasp Barcode Technologies, Ubisense, Wisetrack, Trimble Inc., GigaTrak, Tenna, TVL Inc., Jolly Technologies Inc, Brilliant Info Systems Pvt. Ltd, ASAP Systems - Cloud/On-Premises Inventory System & Asset Tracking Solutions and others.

Industry Recent Developments

In 2010, 3M launched asset and inventory tracking system which included 13.56 MHz passive RFID tags, handheld and pad readers and a hosted software application in which asset data can be stored online.

In 2018, Techjockey.com launched a new free asset management tool for MSME’s and startups.It focuses on efficiency and profitability ofasset owners and operators, driving operational reliability. It will help to raise their efficiency and productivity. It is a cloud-based solution which ensures that businesses can manage their vendors, track IT assets and assign those to employees across multiple locations at any time.

Market Segmentation: Global Asset Tracking and Inventory Management Solutions Market

Based on application

• facility management,
• tool tracking,
• IT asset tracking,
• equipment tracking,
• funding management,
• mandate compliance,
• warehouse management and others

Based on geography

• North America,
• South America,
• Europe,
• Asia-Pacific and
• Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Based on component

• hardware and
• services

Hardware is sub segmented into RFID readers, real-time location system (RTLS), barcode scanners, barcode printers, barcode stickers, RFID tags, and global Positioning System (GPS). Software is sub segmented into on premise and cloud-based. Services are sub segmented into consulting & training, implementation & integration, operation & maintenance.

Based on industry

• retail,
• transportation and logistics,
• chemical,
• energy & utilities,
• education,
• government and others
• oil & gas,
• manufacturing,
• BFSI,
• IT& telecom,
• healthcare,
• hospitality,

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Competitive Analysis: Global Asset Tracking and Inventory Management Solutions Market

The global asset tracking and inventory management solutions market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of asset tracking and inventory management solutions market for global, Europe, North America, Asia Pacific and South America.

Major market drivers and restraints: Global Asset Tracking and Inventory Management Solutions Market

• Demand of asset tracking and inventory management solutions in new offshore fields in deep waters.

• Increasing the demand for maintaining the asset and plant.

• Stringent government safety regulations and quality control requirements

• Declining efficiencies of aging assets and the need for operational safety

• Climatic changes affecting the operations of various industries

• High initial cost and complex process of system installation

• Decrease in oil and gas prices.

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Research objectives: Global Asset Tracking and Inventory Management Solutions Market

• To study and analyze the global asset tracking and inventory management solutions consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2018, and forecast to 2025.

• To understand the structure of asset tracking and inventory management solutions market by identifying its various subsegments.

• Focuses on the key global asset tracking and inventory management solutions players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

• To analyze the asset tracking and inventory management solutions with respect to individual growth trends, future prospects, and their contribution to the total market.

• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

• To project the consumption of asset tracking and inventory management solutions submarkets, with respect to key regions (along with their respective key countries).

• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

• To strategically profile the key players and comprehensively analyze their growth strategies

Reasons to Purchase this Report:

• Current and future of global asset tracking and inventory management solutions market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period.

• The latest developments, market shares, and strategies that are employed by the major market players.

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