Global IoT Based Asset Tracking and Monitoring Market Report, History and Forecast 2017-2028, Breakdown Data by Companies, Key Regions, Types and Application

IoT asset tracking leverages sensors and connected devices to enable remote monitoring and management of an asset's geoposition and movements.
Market Insights

The research report studies the IoT Based Asset Tracking and Monitoring market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

Due to the COVID-19 pandemic, the global IoT Based Asset Tracking and Monitoring market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028.

The global main companies of IoT Based Asset Tracking and Monitoring include Fibocom Wireless, Quectel, Sierra Wireless, Telit, U-blox, Thales, Sony Semiconductor Israel, Nordic Semiconductor and GosuncnWelink Corporation, etc. In 2021, the global six largest players have a share approximately % in terms of revenue.

The North America IoT Based Asset Tracking and Monitoring market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the China is % in 2021 and it is predicted that the share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Europe IoT Based Asset Tracking and Monitoring landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Wi-Fi accounting for % of the IoT Based Asset Tracking and Monitoring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Livestock Monitoring segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.

Segment Scope

An intensive study of key type and application segments has been done in this segmentation section. The authors of the report have provided reliable figures including revenue forecast data by type and application for the period 2017-2028. They have also studied how the segments are gaining or losing growth in various geographies and their respective countries. Thanks to this study, readers can thoroughly grasp the growth pattern and potential of different segments.

Segment by Type

Wi-Fi

Bluetooth

Cellular

NB-IoT

Others

Segment by Application

Livestock Monitoring

Automotive

Railways

Aviation

Manufacturing

Cold Chain Monitoring

Others

Regional Scope

This segment of the report offers a thorough regional study of the global IoT Based Asset Tracking and Monitoring market. Drivers and restraints for each region are broadly examined in the report. Readers will get familiar with the driving forces and challenges that are specific to the regions. The specialists have identified growth opportunities in key geographical regions and their respective countries to aid players to reinforce their presence. All the regions and their countries in the report are assessed based on the growth rate and revenue according to the consumption for the period 2017-2028. This geographical analysis will help readers to gain in-depth knowledge of the regional growth. The key geographical regions surveyed in this research report involve North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. The report has specifically covered major countries including United States, Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

Key Players

This section has provided an exhaustive analysis of the strategies that the companies are focusing on to stay ahead of other players. The strategies mainly involve research and development, new product developments, and mergers and acquisitions. The researchers have also provided revenue shares of the key companies, company overview, and the latest company developments so as to help players to sustain the cutthroat competition. In this section, the report offers global revenue data of manufacturers for the period 2017-2022. Following is the list of key manufacturers observed in this research study:

Fibocom Wireless

Quectel

Sierra Wireless

Telit

U-blox

Thales

Sony Semiconductor Israel

Nordic Semiconductor

GosuncnWelink Corporation

Laird Connectivity

Semtech

Skyworks Solutions

Mediatek

Analog Devices

Sequans

Omnitracs

Hilti

Samsara

Azuga

MeiG Smart Technology

Neoway Technology

Xiamen CHEERZING IoT Technology

HiSilicon Technologies

Sunsea AIoT Technology

Frequently Asked Questions

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