Global Asset Tracking and Inventory Management Solutions Market Comprehensive Evaluation of the Market via in-Depth Qualitative Insights - Key Players are Oracle, SAP, Microsoft, Ubisense, Wisetrack, Honeywell, Datalogic, Epicor Software

The report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level. Side by side, it also explicitly provides information about mergers, acquisitions, joint ventures, and all the other important activities occurred in the market during current and past few years. The Global Asset Tracking and Inventory Management Solutions Market report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors.

This report will help you understand:

• Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR from 2019 to 2025

• Key parameters which are driving market and restraining its growth.

• Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.

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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Most prominent players of Global Asset Tracking and Inventory Management Solutions Market are 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.

Market Segments

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

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

• 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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