IoT-based Asset Tracking and Monitoring Market worth $9.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118687881 Download PDF Brochure:   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118687881 Browse in-depth TOC on "IoT-based Asset Tracking and Monitoring Market"  195 – Tables 60 – Figures 241 – Pages IoT-based Asset Tracking and Monitoring Market Report Scope: The market for indoor monitoring segment is expected to gain a significant market share during the forecast period...
Comunicato Precedente

next
Comunicato Successivo

next
CHICAGO, (informazione.it - comunicati stampa - telecomunicazioni)

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118687881

Browse in-depth TOC on "IoT-based Asset Tracking and Monitoring Market

195 – Tables
60 – Figures
241 – Pages

IoT-based Asset Tracking and Monitoring Market Report Scope:


The market for indoor monitoring segment is expected to gain a significant market share during the forecast period.

Indoor asset tracking is a rapidly growing segment within the broader IoT-based asset tracking and monitoring market. It leverages various technologies like Wi-Fi, Bluetooth, and low-power wide-area networks (LPWANs) to locate and monitor valuable assets within enclosed spaces like warehouses and factories. For instance, monitoring of individual animals within the barns and enclosures to track their feed, water consumption, and health comes under the indoor asset tracking of livestock monitoring. For automotive application indoor monitoring includes tracking robots, equipment, and material within the factory.

Cellular segment is expected to hold a substantial market share during the forecast period.

North America and Europe are rapidly moving toward the development of smart cities by leveraging the widespread use of 4G LTE networks available in these regions. Governments in countries such as the US, the UK, Germany, and France are encouraging the widespread adoption of cellular IoT technologies for environmental monitoring applications. Companies usually interact with many communication providers to secure connectivity at each site due to the patchwork quilt of cellular carrier coverage and the unexpected nature of the next location to successfully convey data. When scaling hundreds of drilling rigs across large regions with unknown coverage and service provider alternatives at each location, Pason faces operational issues. To resolve them, the AirLink RV50X Industrial LTE-A Gateway offered by Sierra Wireless was chosen by Pason for its North American communications services.

Automotive application segment to grow at an impressive CAGR during the forecast period.

The scope of the automotive segment includes fleet tracking and management, SKU handling in logistics, and construction equipment such as off-highway vehicle tracking and monitoring. IoT-enabled sensors and gadgets make it feasible to access GPS trackers. IoT allows for asset tracking, automatic location tracking, and geofencing solution tracking. IoT allows effective tracking of usage hours, like acceleration sensors. With IoT in asset trackers, real-time notifications of the asset's arrival enable better process management. It is possible to monitor warehouse stocks using Bluetooth Low Energy (BLE) Beacons that broadcast data to smartphones or electronic devices. This helps to streamline the asset storage, receiving, and transmission processes.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=118687881

North America is expected to hold a significant market share of the IoT-based asset tracking and monitoring market during the forecast period.

The North American IoT-based asset tracking and monitoring industry has been studied for the US, Canada, and Mexico. Asset tracking and monitoring play a vital role in the automotive industry. As more and more automobile manufacturers integrate IoT technologies into their supply chains, managers are also reaching new levels of quality control. In June 2023, a news published by IBM mentioned that 99% manufacturing foundries have no visibility about the parts that where they are going. Further, up to 50% of unscheduled downtime in manufacturing facilities occur due to a lack of spare parts or stockouts. Thus, making asset tracking and monitoring an important aspect in North America.

Key Players

The key players in the IoT-based asset tracking and monitoring companies include Quectel Wireless Solutions Co., Ltd (China), u-blox (Switzerland), Fibocom Wireless Inc. (China), Telit (US), Semtech Corporation (US), Samsara Inc. (US), SEQUANS (France) and others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=118687881

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

IoT-based Asset Tracking and Monitoring Market worth $9.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

Time-Sensitive Networking Market by Type (IEEE 802.1 AS, IEEE 802.1 Qbv, IEEE 802.1 CB, IEEE 802.1 Qbu), Component (Switches, Hubs Routers &Gateways, Controllers & Processors, Isolators & Convertors), End User, Region - Global Forecast to 2028

Asset Integrity Management Market by Service Type (NDT, RBI, Corrosion Management, Pipeline Integrity Management, HAZID Study, Structural Integrity Management, RAM Study), Industry and Region – 2026

Asset Management System Market With Covid-19 Impact by Solution (GPS, RFID, RTLS, Barcode), Asset Type (Electronic Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets, Staff), Industry, Geography - Global Forecast to 2025

Industrial Ethernet Market with Recession Impact Analysis by Offering (Hardware, Software, Services), Protocol (PROFINET, EtherNet/IP), End-use Industry (Automotive & Transportation, Electrical & Electronics) and Region- Global Forecast to 2028

RTLS Market for Healthcare Size, Share, Statistics and Industry Growth Analysis Report by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee), Application (Inventory/Asset Tracking, Personnel Monitoring), Facility Type, Region - Global Growth Driver and Industry Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/iot-based-asset-tracking-monitoring-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/iot-based-asset-tracking-monitoring.asp

Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg 

 

 

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/iot-based-asset-tracking-and-monitoring-market-worth-9-2-billion-by-2029---exclusive-report-by-marketsandmarkets-302089104.html

Ufficio Stampa
 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Slide ShowSlide Show
Non disponibili