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Asset Tracking Market Is Anticipated to Rise At 12.6% CAGR Between 2021 and 2031 | insightSLICE

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Asset Tracking Market Is Anticipated to Rise At 12.6% CAGR Between 2021 and 2031 | insightSLICE

November 12
02:57 2021
Asset Tracking Market Is Anticipated to Rise At 12.6% CAGR Between 2021 and 2031 | insightSLICE
Asset Tracking Market Research Report- insightSLICE
According to insightSLICE, Global asset tracking market size stood at $16.55 billion in 2020 & is projected to reach $60.35 billion by 2031, at a CAGR of 12.6% in the forecast period 2021-2031.

As per a recent survey by insightSLICE, Global asset tracking market size is expected to reach USD 60.35 billion by 2031, exhibiting a CAGR of 12.6% during the forecast period 2021-2031.

The practice of tracking the location and status of an organization’s movable and stationary assets is known as asset tracking. Asset tracking systems are also quite accessible, with some of them being able to connect with mobile asset management apps for quick and easy verification, disposal, and purchasing. The ability to determine the exact address of assets in seconds also helps to ensure that company resources are safe and secure from theft or illegal activity. They can also be easily tracked and located if necessary. 

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Competitive Landscape

Some of the major players in the Asset Tracking market are Verizon Connect, Asset Panda, Hilti, CloudHawk, Wasp AssetCloud, Samsara, Tenna, Azuga, ATTI, Keeptruckin, Rand McNally, Omnitracs, Nextraq, Teletrac Navman, Automile, Clearpath GPS, Zonar Systems, Mix Telematics, Blue Tree Systems, TitanGPS, Atti Fleet Tracking, Fleet Complete, Rhino Fleet Tracking.

Players in the Asset Tracking market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.

The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Asset Tracking market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Asset Tracking market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.

Segmentation Overview:

By Component:

  • Software
  • Hardware


By Deployment Type:

  • On-Premise
  • On-Cloud


By End-user Applications:

  • Healthcare
  • Food & Beverages
  • Transportation & Logistics
  • Other End-user Applications


Users can Expect Following From this Report:

  • Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
  • COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
  • insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
  • Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future.  The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
  • Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.

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Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the industry
  • Get a full view of the competitive landscape to assess your market position

The Asset Tracking Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.

Access to Excel Sheet and PDF [email protected]

About Us:

insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.

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