Press release
Asset Tracking Market Outlook 2029: Presents Market Insights & Depth Analysis
The global asset tracking market is driven by technologies such as RFID, sensors, location-based technologies, integrating software, and the current IoT deployment. The use of RFID-based asset tracking technologies has increased in popularity. According to Zebra Technologies, a company that specialises in RFID and location technology for shop floors, asset management has become easier in industries like automotive and electronics as a result of the deployment of IoT technology.
Although many types of trailer/truck tracking technology have been around for a long time, developments in the IoT and linked devices have considerably increased the possibilities of asset tracking systems. Currently, IoT in the transportation arena provides a considerably larger variety of data, including not just the trailer's position and condition, but also the goods within. According to Cisco, the logistics sector will produce $ 1.9 trillion over the next decade as a result of unlocking better levels of operational efficiency through the deployment of IoT. This is since the (IoT) connects millions of shipments in real-time. For instance, in July 2019, T-Mobile announced the first Narrowband IoT asset tracking service in the US. Roambee BeeAware, the company's initial asset tracking solution, is scheduled to be sold over a Narrowband IoT (NB-IoT) network in the United States.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Component
By Deployment Type
By End-User
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: Actsoft Inc., ASAP Systems, Asset Panda, GigaTrak and AT&T Inc.
A full Report of Asset Tracking Market is Available at: https://www.omrglobal.com/industry-reports/asset-tracking-market
Asset Tracking Market by Segments
By Component
Hardware
Software
By Deployment Type
On-Cloud
On-Premise
By End-User
Transportation & Logistics
Aviation
Healthcare
Manufacturing
Food & Beverages
Asset Tracking Market by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asset-tracking-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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