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Tracking-as-a-Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Tracking-as-a-Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • Publish Date:January 2023

  • Number of Pages:147

  • Report ID:6223607

  • Format:PDF

  • Publisher:IMARC Group

$ 2499

Summary

The global tracking-as-a-service market size reached US$ 1.6 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 4.2 Billion by 2028, exhibiting a growth rate (CAGR) of 16.3% during 2023-2028.

Tracking as a service is a cloud-based solution used by organizations to track and monitor operations and day-to-day business processes. It is deployed on-premises or through cloud platforms and is commonly used for remote monitoring of goods and products. Tracking-as-a-Service offers enhanced scalability, data collection, mobile support, reporting and logging, data management, process mapping and real-time monitoring to improve organizational performance, decision-making and efficiency. It aids in increasing security, enhancing customer service and overall cost-effectiveness. As a result, tracking-as-a-service finds extensive application across various industries, such as healthcare, manufacturing, e-commerce, retail, transportation and logistics.

Tracking-as-a-Service Market Trends:
Significant growth in the transportation and logistics industry across the globe is creating a positive outlook for the market. Tracking-as-a-service solutions are widely adopted by organizations that offer ridesharing and car rental services to improve vehicle maintenance, prevent delay and provide enhanced safety to the consumers. Additionally, the widespread utilization of electronic monitoring and tracking systems across enterprises to track the exchange of information and prevent unauthorized access to sensitive data among employees is favoring the market growth. Moreover, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), global positioning system (GPS) tracking and real-time monitoring solutions, are providing a thrust to the market growth. These technologies assist in locating containers, tracking stolen goods, maintaining driver safety and detecting fraudulent activities. In line with this, the widespread product adoption in the medical industry to monitor wearable medical devices and offer timely assistance in case of emergencies is positively impacting the market growth. Other factors, including the implementation of various government initiatives to install GPS tracking systems in novel vehicles, along with the increasing product utilization to keep track of portable devices, are anticipated to drive the market toward growth.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global tracking-as-a-service market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, type, asset type, enterprise size and end use industry.

Breakup by Component:
Software
Service

Breakup by Type:
Cloud-based
On-premises

Breakup by Asset Type:
Electronics and IT Assets
In-Transit Equipment
Manufacturing Assets
Others

Breakup by Enterprise Size:
Large Enterprises
Small and Medium-sized Enterprises

Breakup by End Use Industry:
Retail
Manufacturing
E-commerce
Transportation and Logistics
Healthcare
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., Datalogic S.p.A. (Hydra S.p.A.), Geotab Inc., Honeywell International Inc., Mojix Inc., Motorola Solutions Inc., PCCW Solutions, Spider Tracks Limited, Topcon Corporation, Trimble Inc., Verizon Communications Inc., WABCO Digital Solutions and Zebra Technologies Corp.

Key Questions Answered in This Report
1. What was the size of the global tracking-as-a-service market in 2022?
2. What is the expected growth rate of the global tracking-as-a-service market during 2023-2028?
3. What are the key factors driving the global tracking-as-a-service market?
4. What has been the impact of COVID-19 on the global tracking-as-a-service market?
5. What is the breakup of the global tracking-as-a-service market based on the component?
6. What is the breakup of the global tracking-as-a-service market based on the enterprise size?
7. What is the breakup of the global tracking-as-a-service market based on the end use industry?
8. What are the key regions in the global tracking-as-a-service market?
9. Who are the key players/companies in the global tracking-as-a-service market?

Table of contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Tracking-as-a-Service Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Service
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Type
7.1 Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Asset Type
8.1 Electronics and IT Assets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 In-Transit Equipment
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Manufacturing Assets
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast

9 Market Breakup by Enterprise Size
9.1 Large Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Small and Medium-sized Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by End Use Industry
10.1 Retail
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Manufacturing
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 E-commerce
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Transportation and Logistics
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Healthcare
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast

11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast

12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 AT&T Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Datalogic S.p.A. (Hydra S.p.A.)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Geotab Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Honeywell International Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Mojix Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Motorola Solutions Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 PCCW Solutions
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Spider Tracks Limited
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Topcon Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Trimble Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Verizon Communications Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 WABCO Digital Solutions
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Zebra Technologies Corp.
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.13.3 Financials
16.3.13.4 SWOT Analysis

List of Figures
Figure 1: Global: Tracking-as-a-Service Market: Major Drivers and Challenges
Figure 2: Global: Tracking-as-a-Service Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Tracking-as-a-Service Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Tracking-as-a-Service Market: Breakup by Component (in %), 2022
Figure 5: Global: Tracking-as-a-Service Market: Breakup by Type (in %), 2022
Figure 6: Global: Tracking-as-a-Service Market: Breakup by Asset Type (in %), 2022
Figure 7: Global: Tracking-as-a-Service Market: Breakup by Enterprise Size (in %), 2022
Figure 8: Global: Tracking-as-a-Service Market: Breakup by End Use Industry (in %), 2022
Figure 9: Global: Tracking-as-a-Service Market: Breakup by Region (in %), 2022
Figure 10: Global: Tracking-as-a-Service (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Tracking-as-a-Service (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Tracking-as-a-Service (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Tracking-as-a-Service (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Tracking-as-a-Service (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Tracking-as-a-Service (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Tracking-as-a-Service (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Tracking-as-a-Service (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Tracking-as-a-Service (Electronics and IT Assets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Tracking-as-a-Service (Electronics and IT Assets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Tracking-as-a-Service (In-Transit Equipment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Tracking-as-a-Service (In-Transit Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Tracking-as-a-Service (Manufacturing Assets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Tracking-as-a-Service (Manufacturing Assets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Tracking-as-a-Service (Other Asset Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Tracking-as-a-Service (Other Asset Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Tracking-as-a-Service (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Tracking-as-a-Service (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Tracking-as-a-Service (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Tracking-as-a-Service (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Tracking-as-a-Service (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Tracking-as-a-Service (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Tracking-as-a-Service (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Tracking-as-a-Service (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Tracking-as-a-Service (E-commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Tracking-as-a-Service (E-commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Tracking-as-a-Service (Transportation and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Tracking-as-a-Service (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Tracking-as-a-Service (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Tracking-as-a-Service (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Tracking-as-a-Service (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Tracking-as-a-Service (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: North America: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: North America: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: United States: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: United States: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Canada: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Canada: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Asia-Pacific: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Asia-Pacific: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: China: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: China: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Japan: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Japan: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: India: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: India: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: South Korea: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: South Korea: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Australia: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Australia: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Indonesia: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Indonesia: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Europe: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Europe: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Germany: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Germany: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: France: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: France: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: United Kingdom: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: United Kingdom: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Italy: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Italy: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Spain: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Spain: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Russia: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Russia: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Latin America: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Latin America: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Brazil: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Brazil: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Mexico: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Mexico: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Others: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Others: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Middle East and Africa: Tracking-as-a-Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Middle East and Africa: Tracking-as-a-Service Market: Breakup by Country (in %), 2022
Figure 90: Middle East and Africa: Tracking-as-a-Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Global: Tracking-as-a-Service Industry: SWOT Analysis
Figure 92: Global: Tracking-as-a-Service Industry: Value Chain Analysis
Figure 93: Global: Tracking-as-a-Service Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Tracking-as-a-Service Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Tracking-as-a-Service Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Tracking-as-a-Service Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 4: Global: Tracking-as-a-Service Market Forecast: Breakup by Asset Type (in Million US$), 2023-2028
Table 5: Global: Tracking-as-a-Service Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
Table 6: Global: Tracking-as-a-Service Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 7: Global: Tracking-as-a-Service Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Tracking-as-a-Service Market: Competitive Structure
Table 9: Global: Tracking-as-a-Service Market: Key Players

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.