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Global $36.3 Billion Physical and Digital Asset Tracking Market to 2025

Research and Markets Logo

News provided by

Research and Markets

Sep 18, 2020, 12:30 ET

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DUBLIN, Sept. 18, 2020 /PRNewswire/ -- The "Physical and Digital Asset Tracking Market Technologies and Solutions: GPS, RFID, IoT, and Blockchain 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.

Report Findings:

  • Real-time Location Systems growth of nearly 20% CAGR through 2025
  • Global asset tracking market will reach $36.3B by 2025, growing at 15% CAGR
  • Blockchain will become an important part of asset tracking software and services
  • Asset tracking solutions becoming increasingly viable for sub-$1,000 book value assets
  • Global asset tracking market for AI-embedded devices to grow at roughly 30% through 2025
  • IoT supported asset tracking market will account for 95% of all enterprise and industrial solutions
  • There is anticipated to be continued vendor consolidation in the asset tracking market through 2025
  • Leading companies will combine asset tracking and connected-device security as combined solutions

This research evaluates asset tracking technologies, solutions, and ecosystems including major players. It assesses the impacts of various use case specific considerations in terms of asset technology and solution selection. It also analyzes the market outlook for asset tracking globally, regionally, and by major country in each region.

The asset tracking market has witnessed substantial economies of scale improvements in recent years due to inexpensive connectivity and Machine-to-Machine (M2M) communications equipment and services. The advent of advanced Internet of Things (IoT) solutions leveraging M2M and other supporting technologies enables anytime, anywhere, any type of asset tracking. In addition, advancements in miniaturization and communications have made lower value asset tracking more practical, expanding the range of potential industries and asset types.

Integration and operation of blockchain technology will redefine how various industries operate, dramatically improving efficiencies, and reduce the cost of doing business. One important example is IoT, which is a very promising area as we anticipate that the use of blockchain in IoT networks/systems will be one of the key means for authenticating and authorizing transactions.

Satellite communications and applications are clear. Satellites provide coverage in areas where terrestrial wireless cannot. In fact, land-based wireless only covers roughly 10% of the globe. Certain verticals, such as the maritime industry, require global coverage.

The asset management industry requires satellite systems for coverage in support of fleet tracking, supply chain management, and general asset tracking needs. The IoT solutions leveraging machine to machine communications and other supporting technologies enables anytime, anywhere, any type of asset tracking. Satellites provide seamless M2M communications for the asset tracking market.

This research also assesses the satellite services market for communications and specific solutions by segment (consumer, enterprise, industrial, and government customers) as well as by industry vertical. It includes coverage of Internet access, asset tracking, surveillance, and IoT applications. It provides analysis by satellite type (LEO, MEO, and GEO) and by consumer versus business with segmentation by business type.

This research also evaluates the technology, leading companies, and solutions in the evolving blockchain ecosystem. It also evaluates current and anticipated use cases for blockchain and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical.

Target Audience:

  • M2M and IoT ecosystem
  • Tracking services companies
  • Communication service providers
  • Media and entertainment companies
  • Satellite infrastructure and services ecosystem

Companies Mentioned

  • 21, Inc.
  • Abra, Inc.
  • Accenture
  • Actsoft Inc.
  • Advantrack
  • Ahrma
  • Airbus Defense and Space
  • Alphabet
  • Alphaphoint Corporation
  • Amazon
  • Antrix Corporation Limited
  • Apptricity
  • Apstar
  • ARA Antenna Research
  • Arabsat
  • ARI Fleet
  • Ariane Group
  • Arvento
  • ASAP Systems
  • AsiaSat
  • AssetPanda
  • Astrocast
  • AT&T
  • Azuga Fleet
  • Baidu
  • Ball Aerospace & Technologies Corp
  • Bitfury Group
  • Blackberry (Radar, QNX)
  • Blockchain Global Limited
  • BlockCypher, Inc.
  • Bloq
  • Blue Origin
  • Blue Sky Network
  • Boeing Defense; Space and Security
  • Bosch
  • Brilliant Info Systems Pvt. Ltd.
  • BTL Group (Blockchain Tech Ltd.)
  • CalAmp
  • Campbell Scientific, Inc.
  • Carmalink
  • Casic
  • Chain, Inc.
  • Chekhra Business Solutions
  • China Satcom
  • Circle Internet Financial Limited
  • ClearPath GPS
  • CLS
  • Cobham plc.
  • Coinbase
  • Coinfirm Ltd.
  • Commercial Space Technologies Ltd
  • Communications & Power Industries LLC
  • Comtech Telecommunications Corp
  • ConsenSys Systems (ConsenSys)
  • Cosmos International
  • Credits
  • Datalogic S.P.A
  • Dell Technologies
  • Deloitte Touche Tohmatsu
  • Digisat International Inc.
  • Digital Asset Holdings
  • Digitalx Ltd. (Digital Cc Ltd.)
  • DMG Blockchain Solutions
  • DriveFactor (or CCC Drive)
  • Earthport
  • EchoStar Mobile Limited
  • Entigral Systems Inc.
  • Epicor Software Corporation
  • Eric Communications
  • Ericsson Inc.
  • Estrack
  • Eurockot Launch Services
  • Eutelsat
  • Factom Inc.
  • Fidelity Investments
  • Fleet Complete
  • Fleet Safety Institute
  • Fleet Space
  • Fleetilla
  • Fleetistics
  • FleetManager
  • FleetMind (Safe Fleet Holdings)
  • Fleetup
  • Freshworks
  • General Dynamics Mission Systems
  • Geotab
  • GigaTrack
  • Gilat Satellite Networks
  • GK Launch Services
  • Global Arena Holding, Inc. (GAHC)
  • Globalstar
  • Go Fleet
  • GPS Insight
  • GPS Trackit
  • GSAttrack (Global Satellite Engineering)
  • Gurtam
  • Hiber
  • Holkirk Communications Ltd
  • Holo
  • Honeywell International Inc.
  • HP
  • Hughes Satellite Systems Corporation
  • HyperLedger
  • IBM Corporation
  • Impinj Inc.
  • Inmarsat PLC
  • Inseego
  • Intelsat General
  • Intelygenz
  • IntouchGPS (GPSTrackit)
  • IOTA
  • Iridium
  • ISRO
  • ISS-Reshetnev
  • JDA Software Group Inc.
  • Jolly Technologies Inc.
  • Kepler Communications
  • Kineis
  • L3Harris Technologies
  • LeoSat Enterprises
  • Libra Services, Inc.
  • Linux Foundation
  • Litum IoT
  • Lockheed Martin
  • Lojack
  • Lowry Solutions Inc.
  • Lytx
  • M2M in Motion
  • Microsoft Corporation
  • Mitsubishi Heavy Industries Launch Services
  • Mix Telematics
  • Mojix Inc.
  • Monax
  • Moovement
  • Myriota
  • NASA
  • NASDAQ
  • Newtec CY NV
  • NexTraq (Michelin)
  • NimbeLink
  • Northrop Grumman
  • OHB SE
  • Omnitracs
  • OnAsset Intelligence Inc.
  • OneWeb Satellites
  • Oracle Corporation
  • ORBCOMM
  • Orbital Tracking Corp
  • Overstock
  • Ovinto
  • Particle
  • Passtime
  • PcsInfinity
  • Pedigree Technologies
  • Planet Labs
  • PTC (ThingWorx)
  • QBurst
  • Qualcomm Inc.,
  • Quantum Aviation Solutions
  • R3
  • Raven Connected (KlashWerks Inc.)
  • RedBeam Inc.
  • Rhino Fleet
  • Ripple
  • Roambee
  • SafeFleet
  • Samsara
  • SAP SE
  • SatCom Global Ltd
  • Sato Holdings Corporation
  • Sendum Wireless Corporation
  • Senseaware (Fedex)
  • Sensitech Inc.
  • Sequans
  • SES
  • ShoCard
  • Sierra Wireless Inc. (Numerex)
  • Sigfox
  • Singtel
  • Sisfo
  • Skybitz
  • Skyperfect
  • Smart Asset Manager Limited
  • Smart Path GPS
  • Sortly Inc.
  • Space Star Technology
  • Space Systems/Loral
  • SpaceX
  • Speedshield Technologies (Adaptalift Group)
  • Spireon Inc.
  • Sprint Corporation
  • Stanley Black & Decker Inc.
  • Starcom
  • Synertone
  • T-Mobile
  • Targa Telematics SPA
  • Tecent
  • Telefonica
  • Telesat
  • Telit
  • Telstra
  • Teltrac Navman
  • Tenna
  • Thaicom
  • Thales Alenia Space
  • Thuraya
  • TomTom International BV
  • Topcon Corporation
  • TrackX
  • Trimble Inc.
  • TVL Inc. (WiseTrack)
  • Ubisense Group Plc.
  • United Launch Alliance
  • UpKeep Maintenance Management
  • Vector
  • Verizon Wireless
  • ViaSat
  • Virgin Galactic
  • Visma
  • Vodafone Limited
  • VT iDirect
  • VTG
  • Wasp Barcode Technologies Inc.
  • Windward Software
  • Zebra Technologies
  • Zerion Software Inc.
  • Zonar Systems (Continental AG)
  • Zubie

For more information about this report visit https://www.researchandmarkets.com/r/5vtron

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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