The North America asset tracking market is anticipated to grow with a CAGR of 11.74%, during the forecast period of 2019 to 2028. The region’s market growth is attributed to factors such as, the strong presence of manufacturing, logistics, and transportation industries, as well as numerous government initiatives and regulations across end-user businesses.
The United States and Canada are analyzed for North America coherent optical equipment market growth evaluation. In the US, smartphone penetration is rising, along with advancements in broadband technology.
NORTH AMERICA ASSET TRACKING MARKET FORECAST 2019-2028
North America Asset Tracking Market by Type (Hardware (Qr Code/barcode, Rfid, Gps, Ble, Lorawan, Custom Hardware), Software (Cloud, on-premise), Services) by Application (Transportation and Logistics, Healthcare, Manufacturing, Construction, It and Telecommunication, Oil and Gas, Others) and by Geography.
The North America asset tracking market is anticipated to grow with a CAGR of 11.74%, during the forecast period of 2019 to 2028. The region’s market growth is attributed to factors such as, the strong presence of manufacturing, logistics, and transportation industries, as well as numerous government initiatives and regulations across end-user businesses.
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The North America asset tracking market growth is assessed by analyzing the United States and Canada. The United States’ logistics industry is experiencing significant changes, with several discourses regarding ‘trans-tech,’ referring to applying technology to logistics. Consequently, changes are also occurring in related areas such as warehouse space, particularly in smaller warehouses. Moreover, the country is witnessing a rapid increase in e-commerce sales, thereby driving innovations across the logistics sector. Likewise, according to industry experts, as 5G networks become more prevalent, it would be possible for a firm to track every part of its supply chain. The country is also observing a substantial rise in asset tracking solutions demand as interoperability regulations, especially for joint and international operations, develop.
The United States logistics and transportation industry is highly competitive. For instance, enterprises are investing in technologies like Asset Tracking solutions to gain added insights regarding the logistics procedure and enhance transparency. Therefore, these factors are set to drive market growth, over the forecast period.
Asset Panda LLC is primarily involved in the development, design, and manufacture of prepackaged computer software. Its main products include, utility, operating, and application programs. Moreover, the enterprise also extends services like training users regarding software use, and preparing user-installation software documentation. The company’s headquarters is located in the United States.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- DEVELOPMENT OF ASSET TRACKING
- MARKET DEFINITION
- KEY DRIVERS
- RISE IN DEMAND FROM THIRD-PARTY LOGISTICS COMPANIES
- INCREASED ADOPTION OF IOT DEVICES DURING TRANSPORTATION
- NEED FOR IMPROVING FLEET PERFORMANCE
- KEY RESTRAINTS
- INITIAL COST OF ASSET TRACKING SOFTWARE IS HIGH
- PRIVACY CONCERNS
- LACK OF AWARENESS
- KEY ANALYTICS
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- KEY BUYING CRITERIA
- ACCESSIBILITY
- MOBILITY
- FEATURES
- SCALABILITY
- PRICING
- SUPPORT
- IMPACT OF COVID-19 ON ASSET TRACKING MARKET
- MARKET BY TYPE
- HARDWARE
- QR CODE/BARCODE
- RFID
- GPS
- BLE
- LORAWAN
- CUSTOM HARDWARE
- SOFTWARE
- CLOUD
- ON-PREMISE
- SERVICES
- HARDWARE
- MARKET APPLICATION
- TRANSPORTATION AND LOGISTICS
- HEALTHCARE
- MANUFACTURING
- CONSTRUCTION
- IT AND TELECOMMUNICATION
- OIL AND GAS
- OTHERS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPANY PROFILES
- ASSET PANDA LLC
- AT & T INC
- AZUGA
- CLOUDHAWK
- FLEET COMPLETE
- GIGATRAK
- HILTI
- ONASSET INTELLIGENCE INC
- ORACLE CORPORATION
- SPIREON INC
- TENNA
- TRIMBLE INC
- UBISENSE GROUP PLC
- VERIZON COMMUNICATIONS INC
- ZEBRA TECHNOLOGIES CORPORATION
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ASSET TRACKING
TABLE 2: NORTH AMERICA ASSET TRACKING MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 3: NORTH AMERICA ASSET TRACKING MARKET, BY TYPE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA ASSET TRACKING MARKET, BY HARDWARE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 5: NORTH AMERICA ASSET TRACKING MARKET, BY HARDWARE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA ASSET TRACKING MARKET, BY SOFTWARE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 7: NORTH AMERICA ASSET TRACKING MARKET, BY SOFTWARE, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA ASSET TRACKING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 9: NORTH AMERICA ASSET TRACKING MARKET, BY APPLICATION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA ASSET TRACKING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 11: NORTH AMERICA ASSET TRACKING MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: NORTH AMERICA ASSET TRACKING MARKET, GROWTH POTENTIAL, BY TYPE, IN 2019
FIGURE 7: NORTH AMERICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA ASSET TRACKING MARKET, GROWTH POTENTIAL, BY HARDWARE, IN 2019
FIGURE 9: NORTH AMERICA ASSET TRACKING MARKET, BY QR CODE/BARCODE, 2019-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ASSET TRACKING MARKET, BY RFID, 2019-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ASSET TRACKING MARKET, BY GPS, 2019-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA ASSET TRACKING MARKET, BY BLE, 2019-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ASSET TRACKING MARKET, BY LORAWAN, 2019-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ASSET TRACKING MARKET, BY CUSTOM HARDWARE, 2019-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ASSET TRACKING MARKET, GROWTH POTENTIAL, BY SOFTWARE, IN 2019
FIGURE 17: NORTH AMERICA ASSET TRACKING MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ASSET TRACKING MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA ASSET TRACKING MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ASSET TRACKING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
FIGURE 21: NORTH AMERICA ASSET TRACKING MARKET, BY TRANSPORTATION AND LOGISTICS, 2019-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ASSET TRACKING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ASSET TRACKING MARKET, BY MANUFACTURING, 2019-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ASSET TRACKING MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)
FIGURE 25: NORTH AMERICA ASSET TRACKING MARKET, BY IT AND TELECOMMUNICATION, 2019-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ASSET TRACKING MARKET, BY OIL AND GAS, 2019-2028 (IN $ MILLION)
FIGURE 27: NORTH AMERICA ASSET TRACKING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 28: NORTH AMERICA ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 29: UNITED STATES ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
FIGURE 30: CANADA ASSET TRACKING MARKET, 2019-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY TYPE
- HARDWARE
- QR CODE/BARCODE
- RFID
- GPS
- BLE
- LORAWAN
- CUSTOM HARDWARE
- SOFTWARE
- CLOUD
- ON-PREMISE
- SERVICES
- HARDWARE
- MARKET APPLICATION
- TRANSPORTATION AND LOGISTICS
- HEALTHCARE
- MANUFACTURING
- CONSTRUCTION
- IT AND TELECOMMUNICATION
- OIL AND GAS
- OTHERS
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