Press release
Airport Asset Tracking Market Surges with IoT Adoption
New York, US - The Insight Partners has released a detailed Airport Asset Tracking Market report, titled "Airport Asset Tracking Market Share, Size, Trends, and Forecast by 2031. The airport asset tracking market size is projected to reach US$ 1547.83 million by 2031 from US$ 558.25 million in 2023. The market is expected to register a CAGR of 13.6% in 2023-2031.Market Drivers: Precision, Efficiency, and Safety
• Enhanced Tracking Capabilities: Integration of IoT enables operators to monitor fixed, mobile, and portable assets with high precision. Investments in such systems are improving workflow coordination across terminals, hangars, and tarmacs.
• Maintenance Optimization: Real-time alerts and predictive maintenance routines reduce system downtime. Automated notifications support effective asset utilization and inventory management.
• Security and Compliance: Indoor mapping, geofencing, and real-time location tracking support regulatory requirements and reinforce safety protocols within airport environments.
These developments collectively strengthen the Airport Asset Tracking Market size and extend market demand across hardware and software offerings.
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Industry Developments and Strategic Deployments
Updates from leading providers offer insight into key Airport
Asset Tracking Market trends:
• Litum extended its real-time tracking platform in 2025 to monitor personnel, vehicles, and equipment across more than 984,000 assets. The platform now includes emergency mustering, fall detection, and distress signal functionalities.
• Abeeway implemented LoRaWAN-enabled trackers suited for both static and mobile assets. This deployment enhances operational efficiency by offering motion alerts, geofencing features, and location history logging.
• ProDIGIQ enhanced its PAROS Asset Management System with automated maintenance alerts and inventory tracking. The system integrates with ANDROS CMMS for streamlined work order management.
• Infosys unveiled a Location-Based Services solution that merges RFID, IoT, and AI. It offers unified real-time asset visibility, integrates with operational planning systems, and supports improved gate turnaround.
• ArcGIS by Esri enriched its airfield geospatial tools with 3D dashboards. These features allow for comprehensive tracking of asset movement, drone activity monitoring, and asset zoning enforcement.
Such initiatives illustrate increasing Airport Asset Tracking Market share for companies delivering advanced, integrated asset visibility.
Market Overview and Strategic Insights
This Airport Asset Tracking Market analysis reveals a growing emphasis on system interoperability and scalable platforms. Industry leaders combine cloud computing, IoT technology, and analytics to present comprehensive, end-to-end tracking solutions. These solutions address the primary challenges faced by airport operators-such as regulatory compliance, asset loss, operational inefficiency, and maintenance complexity.
"Effective asset tracking plays a fundamental role in modern airport operations," stated Ankit Mathur, Research Head at The Insight Partners. "Our report provides clarity on how decision-makers can embrace technological frameworks to elevate operational control and safety."
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Leading Vendors in the Asset Tracking Ecosystem
Key providers commanding significant Airport Asset Tracking Market share include:
• Litum
• Semtech Corporation
• TracLogik
• Undagrid
• Abeeway
• Adveez
• Mappedin
• ProDIGIQ, Inc.
• Infosys
• ArcGIS
These firms continue advancing industry standards through innovation and industry collaboration, expanding the overall
Airport Asset Tracking Market size.
Projected Growth and Strategic Implications
The Airport Asset Tracking Market forecast indicates sustained growth through 2031. This upward trajectory will be supported by rising air traffic, evolving airport infrastructure, and technological adoption. Stakeholders that act early in deploying scalable solutions stand to benefit from increased operational efficiency and stronger competitive positioning.
Commentary from The Insight Partners
"A new phase of Airport Asset Tracking Market growth is underway as airports prioritize operational resilience and visibility," commented a spokesperson from The Insight Partners. "This Airport Asset Tracking Market report serves as a strategic tool for airport planners, infrastructure developers, and technology providers seeking to align with emerging operational benchmarks."
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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