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Rising Usage of IoT devices in Transportation to boost Global Asset Tracking Market Growth

10-22-2020 02:38 PM CET | IT, New Media & Software

Press release from: Inkwood Research

Global Asset Tracking Market

Global Asset Tracking Market

According to a new market research report launched by Inkwood Research, the Global Asset Tracking Market is expected to reach about $47858.85 million by 2028, growing at a growth rate of 12.28% over the forecast period.

Browse 55 market data Tables and 52 figures spread over 170 Pages, along with in-depth analysis on Global Asset Tracking Market by Type, Application & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Asset Tracking Market Scenario
Asset tracking is an essential technique, comprising hardware, software, and services solutions, equipped with IoT technology to track the assets during transport or storage. Digitalization and technological advancement in the manufacturing sector has fueled the adoption of asset tracking solutions. Also, the use of minimal infrastructure and electricity is boosting its sales among various end-users. Numerous companies are adopting third-party logistics services that are providing asset tracking as an add-on service. Thus, the growing demand is projected to drive the growth of the global asset tracking market. Moreover, demand for IoT devices in transportation and the need for improved fleet performance are other factors influencing the market growth. However, high cost, lack of awareness, and privacy concerns, are key restraints to the market growth.

The Global Asset Tracking Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Asset Tracking Market by Type, Application & by Geography: https://www.inkwoodresearch.com/reports/asset-tracking-market/#request-free-sample

Market Segmentation
Market by Application
• Oil and Gas
• Healthcare
• Transportation and Logistics
• Manufacturing
• IT and Telecommunication
• Construction
• Others
Market by Type
• Software
o On-Premise
o Cloud
o Services
• Hardware
o RFID
o QR Code/Barcode
o GPS
o LORAWAN
o BLE
o Custom Hardware

Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• ASSET PANDA LLC
• ORACLE CORPORATION
• HILTI
• AZUGA
• ZEBRA TECHNOLOGIES CORPORATION
• FLEET COMPLETE
• ONASSET INTELLIGENCE INC
• AT & T INC
• SPIREON INC
• VERIZON COMMUNICATIONS INC
• UBISENSE GROUP PLC
• TRIMBLE INC
• CLOUDHAWK
• TENNA
• GIGATRAK

Related Reports
GLOBAL CONNECTED LOGISTICS MARKET - Global connected logistics market is propelling with a CAGR of 16.08% during the projected period.
GLOBAL TRACK & TRACE SOLUTIONS MARKET - Global track & trace solutions market is growing at a CAGR of 12.10% by 2028.
GLOBAL SUPPLY CHAIN MANAGEMENT SOFTWARE MARKET - Global supply chain management software market is evolving at 10.02% of CAGR during the forecast period.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: +1 857-302-4704
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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