Iot Based Asset Tracking And Monitoring Market
PUBLISHED: 2023 ID: SMRC23904
SHARE
SHARE

Iot Based Asset Tracking And Monitoring Market

IoT Based Asset Tracking and Monitoring Market Forecasts to 2030 - Global Analysis By Connectivity Type (Wi-Fi, Bluetooth, Cellular, Narrow Band (NB-IoT), Long Range (LoRa), SigFox and Other Connectivity Types), Application (Livestock Monitoring, Automotive, Railways, Aviation, Manufacturing, Cold Chain Monitoring, and Other Applications) and By Geography

4.9 (43 reviews)
4.9 (43 reviews)
Published: 2023 ID: SMRC23904

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2021-2030

Estimated Year Value (2023)

US $4.4 BN

Projected Year Value (2030)

US $10.6 BN

CAGR (2023 - 2030)

13.3%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global IoT Based Asset Tracking and Monitoring Market is accounted for $4.4 billion in 2023 and is expected to reach $10.6 billion by 2030 growing at a CAGR of 13.3% during the forecast period. The IoT-based Asset Tracking and Monitoring Market is a rapidly growing industry that leverages Internet of Things (IoT) technology to track and monitor physical assets in real-time. This market encompasses a wide range of applications, from tracking vehicles, equipment, and inventory in logistics and supply chain management to monitoring healthcare equipment, industrial machinery, and even livestock in agriculture. IoT-based solutions employ sensors, GPS, and connectivity to provide accurate data on asset location, condition, and performance.

According to the Ericsson Mobility Report, global IoT machine connections are expected to increase 2.3 times from 2020 to 2026, with half of the share held by short-range IoT connections.



Market Dynamics:

Driver:

Increased deployment of cloud computing platforms

Cloud technology provides a scalable and flexible infrastructure for storing and processing the vast amounts of data generated by IoT devices. This allows businesses to efficiently collect, analyze, and store real-time data from their tracked assets. Cloud-based solutions also enable remote access to data and analytics, facilitating quick decision-making and improving overall operational efficiency. Moreover, cloud computing offers cost-effective and secure storage options, making it easier for organizations to manage their asset tracking systems, ensuring seamless connectivity and expanding the capabilities of IoT-based tracking and monitoring solutions.

Restraint:

Security concerns related to IoT technologies

The interconnected nature of IoT devices and the data they transmit make them susceptible to cyberattacks and breaches. Vulnerabilities in these systems can lead to unauthorized access, data theft, and disruptions in asset monitoring, posing significant risks to businesses. As the reliance on IoT for asset tracking grows, ensuring robust security measures becomes crucial. Addressing these concerns involves implementing encryption, authentication, and regular software updates to safeguard data and devices, ultimately building trust in the reliability and security of IoT-based tracking and monitoring solutions.

Opportunity:

Data monetization attributed to AI and IoT convergence

The companies can acquire beneficial insight from the enormous amount of data that IoT devices collect by utilizing AI-driven analytics. This data may be turned into useful information that companies can use to improve operations, make smart decisions, and find new sources of income. Companies can profit from this data by selling insights to outside parties, providing subscription-based services, or improving their current offerings. The combination of AI and IoT improves asset tracking and monitoring capabilities while also opening up new opportunities for creative companies and higher market profitability.

Threat:

Trade-off complications related to connectivity technologies

Different use cases within asset tracking require specific connectivity options, such as low-power, long-range options like LoRaWAN or cellular networks for broader coverage. However, each technology comes with trade-offs, like cost, power consumption, or data transmission speed. Selecting the most suitable connectivity solution for a given application can be challenging. Moreover, managing diverse connectivity technologies within a single ecosystem can lead to complexity and increased operational costs.

Covid-19 Impact:

The COVID-19 pandemic had a significant impact on the IoT-based asset tracking and monitoring market. The disruptions in global supply chains and manufacturing led to delays in the production and deployment of IoT devices and sensors, hindering market growth. Additionally, economic uncertainties caused some organizations to postpone or scale back their IoT investments, impacting the adoption rate of asset tracking solutions.

The Wi-Fi segment is expected to be the largest during the forecast period

The Wi-Fi has a significant share in the IoT Based Asset Tracking and Monitoring Market due to its robust, high-speed connectivity, making it suitable for tracking and monitoring applications in environments with existing Wi-Fi infrastructure. Wi-Fi-enabled IoT devices can transmit real-time data efficiently, enabling precise asset location tracking, condition monitoring, and seamless communication with central systems. This technology is particularly beneficial in indoor settings like warehouses, factories, and smart buildings. Its widespread adoption and compatibility with various devices and platforms make Wi-Fi a popular choice, offering organizations reliability and cost-effectiveness.

The railways segment is expected to have the highest CAGR during the forecast period

The Railways has the highest CAGR within the IoT Based Asset Tracking and Monitoring Market over the forecast period. IoT technology is leveraged to track locomotives, cargo, and infrastructure, providing real-time data on asset location, condition, and performance. Sensors, GPS, and communication devices enable predictive maintenance, reducing downtime and improving safety. Additionally, IoT-driven analytics optimize route planning and resource allocation, minimizing costs and environmental impact. The IoT-based asset tracking and monitoring market in railways is revolutionizing the industry by providing data-driven insights, ensuring smoother operations, and enhancing passenger and cargo transportation services.

Region with largest share:

North America holds a significant position and expected to hold a largest share over the forecast period. The region's advanced technological infrastructure and widespread adoption of IoT solutions drive its leadership. Industries such as logistics, manufacturing, and healthcare extensively deploy asset tracking systems, benefiting from enhanced efficiency and cost savings. Additionally, regulatory initiatives and a focus on supply chain optimization further stimulate market growth. North America's innovation hubs and investments in IoT research and development contribute to the continuous evolution of asset tracking and monitoring solutions.

Region with highest CAGR:

The Asia Pacific region witnessed highest CAGR in the IoT Based Asset Tracking and Monitoring Market due to its robust economic growth, expanding manufacturing sectors, and increasing adoption of technology create fertile ground for IoT solutions. Industries such as logistics, agriculture, and retail in countries like China, India, and Japan are increasingly integrating asset tracking systems to optimize operations and enhance supply chain efficiency. Additionally, the proliferation of smartphones and internet connectivity in the region fuels IoT adoption. As Asia Pacific continues to urbanize and digitize, it represents a significant growth opportunity and a key market for IoT-based asset tracking and monitoring solutions.



Key players in the market

Some of the key players in IoT Based Asset Tracking and Monitoring Market include Analog Devices, Inc., Fibocom Wireless Inc., GosuncnWelink Corporation, Laird Connectivity, Mediatek Inc., MeiG Smart Technology, Neoway Technology, Nordic Semiconductor, Quectel, Semtech, Sequans, Sierra Wireless, Sony Semiconductor Ltd., Telit, Thales and U-blox.

Key Developments:

In January 2023, Laird Connectivity has launched a new series of Bluetooth modules for IoT connectivity. The series is ideal to be used as asset tags for industrial solutions.

In April 2022, Semtech announced the addition of multi-band capabilities to the LoRa Edge device-to-Cloud geolocation platform. This will allow integration with applications such as supply chain management and logistics.

In March 2022, Fibocom Wireless Inc. launched the 5G smart module SC171 specially designed for AIoT industry applications such as smart robots, automobile manufacturing, smart homes, and logistics.

Connectivity Types Covered:
• Wi-Fi
• Bluetooth
• Cellular
• Narrow Band (NB-IoT)
• Long Range (LoRa)
• SigFox
• Ultra Wide-Band (UWB)
• Global Navigation Satellite System (GNSS)
• Other Connectivity Types

Applications Covered:
• Livestock Monitoring
• Automotive
• Railways
• Aviation
• Manufacturing
• Cold Chain Monitoring
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global IoT Based Asset Tracking and Monitoring Market, By Connectivity Type
5.1 Introduction
5.2 Wi-Fi
5.3 Bluetooth
5.4 Cellular
5.5 Narrow Band (NB-IoT)
5.6 Long Range (LoRa)
5.7 SigFox
5.8 Ultra Wide-Band (UWB)
5.9 Global Navigation Satellite System (GNSS)
5.10 Other Connectivity Types

6 Global IoT Based Asset Tracking and Monitoring Market, By Application
6.1 Introduction
6.2 Livestock Monitoring
6.3 Automotive
6.4 Railways
6.5 Aviation
6.6 Manufacturing
6.7 Cold Chain Monitoring
6.8 Other Applications

7 Global IoT Based Asset Tracking and Monitoring Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa

8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling
9.1 Analog Devices, Inc.
9.2 Fibocom Wireless Inc.
9.3 GosuncnWelink Corporation
9.4 Laird Connectivity
9.5 Mediatek Inc.
9.6 MeiG Smart Technology
9.7 Neoway Technology
9.8 Nordic Semiconductor
9.9 Quectel
9.10 Semtech
9.11 Sequans
9.12 Sierra Wireless
9.13 Sony Semiconductor Ltd.
9.14 Telit
9.15 Thales
9.16 U-blox

List of Tables
1 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Region (2021-2030) ($MN)
2 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Connectivity Type (2021-2030) ($MN)
3 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Wi-Fi (2021-2030) ($MN)
4 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Bluetooth (2021-2030) ($MN)
5 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Cellular (2021-2030) ($MN)
6 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Narrow Band (NB-IoT) (2021-2030) ($MN)
7 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Long Range (LoRa) (2021-2030) ($MN)
8 Global IoT Based Asset Tracking and Monitoring Market Outlook, By SigFox (2021-2030) ($MN)
9 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Ultra Wide-Band (UWB) (2021-2030) ($MN)
10 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Global Navigation Satellite System (GNSS) (2021-2030) ($MN)
11 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
12 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Application (2021-2030) ($MN)
13 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Livestock Monitoring (2021-2030) ($MN)
14 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Automotive (2021-2030) ($MN)
15 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Railways (2021-2030) ($MN)
16 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Aviation (2021-2030) ($MN)
17 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Manufacturing (2021-2030) ($MN)
18 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Cold Chain Monitoring (2021-2030) ($MN)
19 Global IoT Based Asset Tracking and Monitoring Market Outlook, By Other Applications (2021-2030) ($MN)
20 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Country (2021-2030) ($MN)
21 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Connectivity Type (2021-2030) ($MN)
22 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Wi-Fi (2021-2030) ($MN)
23 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Bluetooth (2021-2030) ($MN)
24 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Cellular (2021-2030) ($MN)
25 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Narrow Band (NB-IoT) (2021-2030) ($MN)
26 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Long Range (LoRa) (2021-2030) ($MN)
27 North America IoT Based Asset Tracking and Monitoring Market Outlook, By SigFox (2021-2030) ($MN)
28 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Ultra Wide-Band (UWB) (2021-2030) ($MN)
29 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Global Navigation Satellite System (GNSS) (2021-2030) ($MN)
30 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
31 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Application (2021-2030) ($MN)
32 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Livestock Monitoring (2021-2030) ($MN)
33 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Automotive (2021-2030) ($MN)
34 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Railways (2021-2030) ($MN)
35 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Aviation (2021-2030) ($MN)
36 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Manufacturing (2021-2030) ($MN)
37 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Cold Chain Monitoring (2021-2030) ($MN)
38 North America IoT Based Asset Tracking and Monitoring Market Outlook, By Other Applications (2021-2030) ($MN)
39 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Country (2021-2030) ($MN)
40 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Connectivity Type (2021-2030) ($MN)
41 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Wi-Fi (2021-2030) ($MN)
42 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Bluetooth (2021-2030) ($MN)
43 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Cellular (2021-2030) ($MN)
44 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Narrow Band (NB-IoT) (2021-2030) ($MN)
45 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Long Range (LoRa) (2021-2030) ($MN)
46 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By SigFox (2021-2030) ($MN)
47 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Ultra Wide-Band (UWB) (2021-2030) ($MN)
48 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Global Navigation Satellite System (GNSS) (2021-2030) ($MN)
49 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
50 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Application (2021-2030) ($MN)
51 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Livestock Monitoring (2021-2030) ($MN)
52 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Automotive (2021-2030) ($MN)
53 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Railways (2021-2030) ($MN)
54 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Aviation (2021-2030) ($MN)
55 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Manufacturing (2021-2030) ($MN)
56 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Cold Chain Monitoring (2021-2030) ($MN)
57 Europe IoT Based Asset Tracking and Monitoring Market Outlook, By Other Applications (2021-2030) ($MN)
58 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Country (2021-2030) ($MN)
59 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Connectivity Type (2021-2030) ($MN)
60 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Wi-Fi (2021-2030) ($MN)
61 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Bluetooth (2021-2030) ($MN)
62 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Cellular (2021-2030) ($MN)
63 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Narrow Band (NB-IoT) (2021-2030) ($MN)
64 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Long Range (LoRa) (2021-2030) ($MN)
65 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By SigFox (2021-2030) ($MN)
66 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Ultra Wide-Band (UWB) (2021-2030) ($MN)
67 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Global Navigation Satellite System (GNSS) (2021-2030) ($MN)
68 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
69 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Application (2021-2030) ($MN)
70 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Livestock Monitoring (2021-2030) ($MN)
71 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Automotive (2021-2030) ($MN)
72 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Railways (2021-2030) ($MN)
73 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Aviation (2021-2030) ($MN)
74 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Manufacturing (2021-2030) ($MN)
75 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Cold Chain Monitoring (2021-2030) ($MN)
76 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook, By Other Applications (2021-2030) ($MN)
77 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Country (2021-2030) ($MN)
78 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Connectivity Type (2021-2030) ($MN)
79 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Wi-Fi (2021-2030) ($MN)
80 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Bluetooth (2021-2030) ($MN)
81 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Cellular (2021-2030) ($MN)
82 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Narrow Band (NB-IoT) (2021-2030) ($MN)
83 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Long Range (LoRa) (2021-2030) ($MN)
84 South America IoT Based Asset Tracking and Monitoring Market Outlook, By SigFox (2021-2030) ($MN)
85 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Ultra Wide-Band (UWB) (2021-2030) ($MN)
86 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Global Navigation Satellite System (GNSS) (2021-2030) ($MN)
87 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
88 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Application (2021-2030) ($MN)
89 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Livestock Monitoring (2021-2030) ($MN)
90 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Automotive (2021-2030) ($MN)
91 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Railways (2021-2030) ($MN)
92 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Aviation (2021-2030) ($MN)
93 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Manufacturing (2021-2030) ($MN)
94 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Cold Chain Monitoring (2021-2030) ($MN)
95 South America IoT Based Asset Tracking and Monitoring Market Outlook, By Other Applications (2021-2030) ($MN)
96 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Country (2021-2030) ($MN)
97 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Connectivity Type (2021-2030) ($MN)
98 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Wi-Fi (2021-2030) ($MN)
99 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Bluetooth (2021-2030) ($MN)
100 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Cellular (2021-2030) ($MN)
101 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Narrow Band (NB-IoT) (2021-2030) ($MN)
102 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Long Range (LoRa) (2021-2030) ($MN)
103 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By SigFox (2021-2030) ($MN)
104 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Ultra Wide-Band (UWB) (2021-2030) ($MN)
105 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Global Navigation Satellite System (GNSS) (2021-2030) ($MN)
106 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Other Connectivity Types (2021-2030) ($MN)
107 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Application (2021-2030) ($MN)
108 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Livestock Monitoring (2021-2030) ($MN)
109 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Automotive (2021-2030) ($MN)
110 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Railways (2021-2030) ($MN)
111 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Aviation (2021-2030) ($MN)
112 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Manufacturing (2021-2030) ($MN)
113 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Cold Chain Monitoring (2021-2030) ($MN)
114 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook, By Other Applications (2021-2030) ($MN)

List of Figures

Figure 1 Global IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 2 North America IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 3 US IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 4 Canada IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 5 Mexico IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 6 Europe IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 7 Germany IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 8 UK IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 9 Italy IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 10 France IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 11 Spain IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 14 Japan IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 15 China IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 16 India IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 17 Australia IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 19 South Korea IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 21 South America IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 22 Argentina IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 23 Brazil IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 24 Chile IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 28 UAE IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 29 Qatar IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 30 South Africa IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa IoT Based Asset Tracking and Monitoring Market Outlook (2021-2030) ($MN)

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials