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PUBLISHER: Grand View Research | PRODUCT CODE: 1363006
PUBLISHER: Grand View Research | PRODUCT CODE: 1363006
Tracking As A Service Market Size, Share & Trends Analysis Report By Component, By Enterprise Size, By Asset Type, By Industry, By Region, And Segment Forecasts, 2023 - 2030
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Tracking As A Service Market Growth & Trends:
The global tracking as a service market size is expected to reach USD 21.80 billion by 2030, expanding at a CAGR of 17.1% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc.. The growth can be attributed to the flexibility and scalability of tracking-as-a-service models, allowing businesses to adopt solutions tailored to their specific needs without heavy upfront investments. Furthermore, as industries continue to embrace digital transformation and prioritize efficiency, accuracy, and customer satisfaction, the market for tracking-as-a-service is poised for continued growth.
The rising partnerships and collaborations among tracking-as-a-service market players bode well for the market's growth. For instance, in June 2022, Redlist and One Step GPS partnered to allow users to integrate data and elevate fleet tracking and management. This partnership provided users with a complete picture of their maintenance and fleet by merging GPS fleet tracking information with the reporting dashboard and additional functionalities provided by Redlist.
The market growth is propelled by continuous technological advancements, particularly in logistics and transportation. Innovations such as RFID-integrated goods vehicles, warehouse robotics, and the emergence of self-driving vehicles have significantly transformed how businesses manage and monitor their assets. These technological breakthroughs offer heightened levels of automation, efficiency, and accuracy in tracking and managing goods throughout their journey.
The COVID-19 pandemic had a slight negative impact on the growth of the tracking-as-a-service industry. Vendors catering to the transportation and logistics sector faced substantial obstacles due to decreased investments in tracking services. Furthermore, the pandemic-induced disruptions led to a challenging environment for the market's expansion.
Tracking As A Service Market Report Highlights:
- The software segment dominated the market in 2022, attributed to the increasing adoption of tracking-as-a-service solutions in various industries across the globe
- The large enterprises segment dominated the market in 2022. Large enterprises are involved in adopting tracking-as-a-services to enhance operation efficiency and supply chain visibility
- The manufacturing assets segment dominated the market in 2022. Manufacturing facilities use a wide range of assets, from machinery and equipment to tools and vehicles. Tracking solutions allow manufacturers to monitor the utilization and condition of these assets, schedule maintenance proactively, and ensure that equipment is optimally deployed
- Retail segment is anticipated to grow at the fastest CAGR over the forecast period. Tracking solutions help in reducing theft and losses. Retailers can track high-value items, trigger alerts for suspicious behavior, and monitor inventory shrinkage
- North America dominated the market in 2022. The presence of prominent players and the rising adoption of tracking-as-a-service across the region is anticipated to fuel regional growth
Product Code: GVR-4-68040-117-4
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.4. Information Analysis
- 1.4.1. Market Formulation & Data Visualization
- 1.4.2. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.1.1. Rising digitalization across the logistics industry
- 3.3.1.2. The advantages of tracking-as-a-service
- 3.3.2. Market Challenge Impact Analysis
- 3.3.2.1. The privacy and security concerns
- 3.3.3. Market Opportunity Impact Analysis
- 3.3.3.1. Rising need for real-time tracking to enhance customer experience
- 3.3.1. Market Driver Impact Analysis
- 3.4. Impact of COVID-19 Pandemic
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Analysis
- 3.5.2. PESTEL Analysis
Chapter 4. Tracking-as-a-Service Market: Component Estimates & Trend Analysis
- 4.1. Component Movement Analysis & Market Share, 2022 & 2030
- 4.2. Tracking-as-a-Service Market Estimates & Forecast, By Component
- 4.2.1. Software
- 4.2.2. Services
Chapter 5. Tracking-as-a-Service Market: Enterprise Size Estimates & Trend Analysis
- 5.1. Enterprise Size Movement Analysis & Market Share, 2022 & 2030
- 5.2. Tracking-as-a-Service Market Estimates & Forecast, By Enterprise Size
- 5.2.1. Large Enterprises
- 5.2.2. Small & Medium Enterprises
Chapter 6. Tracking-as-a-Service Market: Asset Type Estimates & Trend Analysis
- 6.1. Asset Type Movement Analysis & Market Share, 2022 & 2030
- 6.2. Tracking-as-a-Service Market Estimates & Forecast, By Asset Type
- 6.2.1. Electronics & IT Assets
- 6.2.2. In-Transit Equipment
- 6.2.3. Manufacturing Assets
- 6.2.4. Others
Chapter 7. Tracking-as-a-Service Market: Industry Estimates & Trend Analysis
- 7.1. Industry Movement Analysis & Market Share, 2022 & 2030
- 7.2. Tracking-as-a-Service Market Estimates & Forecast, By Industry
- 7.2.1. Transportation & Logistic
- 7.2.2. Manufacturing
- 7.2.3. Healthcare
- 7.2.4. Food & Beverage
- 7.2.5. Retail
- 7.2.6. IT & Telecom
- 7.2.7. Others
Chapter 8. Tracking-as-a-Service Market: Regional Estimates & Trend Analysis
- 8.1. Tracking-as-a-Service Market: Regional Outlook
- 8.2. North America
- 8.2.1. North America tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. India tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.4.4. Japan
- 8.4.4.1. Japan tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Australia tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. South Korea tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.5.3. Mexico
- 8.5.3.1. Mexico tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Middle East & Africa tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.6.2. The Kingdom of Saudi Arabia (KSA)
- 8.6.2.1. The Kingdom of Saudi Arabia (KSA) tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.6.3. UAE
- 8.6.3.1. The UAE tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- 8.6.4. South Arica
- 8.6.4.1. South Africa tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Participant's Overview
- 9.2.1. Rockwell Automation
- 9.2.2. MicroMain
- 9.2.3. Sortly
- 9.2.4. EZO
- 9.2.5. Finale Inventory
- 9.2.6. Infor
- 9.2.7. Midmark Co.
- 9.2.8. Mojix
- 9.2.9. PCCW Solutions
- 9.2.10. Trimble Inc.
- 9.3. Financial Performance
- 9.4. Product Benchmarking
- 9.5. Company Market Positioning
- 9.6. Company Market Share Analysis, 2022
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.8.1. Expansion
- 9.8.2. Collaborations
- 9.8.3. Mergers & Acquisitions
- 9.8.4. New Product Launches
- 9.8.5. Partnerships
- 9.8.6. Others
Product Code: GVR-4-68040-117-4
List of Tables
- Table 1. Global Tracking-as-a-Service Market, by Component, 2017 - 2030 (USD Million)
- Table 2. Global Tracking-as-a-Service Market, by Enterprise Size, 2017 - 2030 (USD Million)
- Table 3. Global Tracking-as-a-Service Market, by Asset Type, 2017 - 2030 (USD Million)
- Table 4. Global Tracking-as-a-Service Market, by Industry, 2017 - 2030 (USD Million)
- Table 5. Global Tracking-as-a-Service Market, by Region, 2017 - 2030 (USD Million)
- Table 6. Company Market Share, 2022
- Table 7. Company Heat Map Analysis
- Table 8. Key companies undergoing expansion
- Table 9. Key companies undergoing collaborations
- Table 10. Key companies undergoing new product launch
- Table 11. Key companies undergoing mergers & acquisitions
- Table 12. Key companies undergoing other strategies
List of Figures
- Fig. 1. Tracking-as-a-service market segmentation
- Fig. 2. Information procurement
- Fig. 3. Data analysis models
- Fig. 4. Market formulation and validation
- Fig. 5. Data validating & publishing
- Fig. 6. Market snapshot
- Fig. 7. Segment snapshot
- Fig. 8. Competitive landscape snapshot
- Fig. 9. Parent Market Value, 2022 (USD Million)
- Fig. 10. Tracking-as-a-service market - Industry value chain analysis
- Fig. 11. Tracking-as-a-service market dynamics
- Fig. 12. Tracking-as-a-service market: Porters's analysis
- Fig. 13. Tracking-as-a-service market: PESTEL analysis
- Fig. 14. Tracking-as-a-service market, by component: key takeaways
- Fig. 15. Tracking-as-a-service market, by component: market share, 2022 & 2030
- Fig. 16. Tracking-as-a-service market estimates & forecasts, by software, 2017 - 2030, (USD Million)
- Fig. 17. Tracking-as-a-service market estimates & forecasts, by services, 2017 - 2030, (USD Million)
- Fig. 18. Tracking-as-a-service market, by enterprise size: key takeaways
- Fig. 19. Tracking-as-a-service market, by enterprise size: market share, 2022 & 2030
- Fig. 20. Tracking-as-a-service market estimates & forecasts, by large enterprises, 2017 - 2030, (USD Million)
- Fig. 21. Tracking-as-a-service market estimates & forecasts, by small & medium enterprises, 2017 - 2030, (USD Million)
- Fig. 22. Tracking-as-a-service market, by asset type: key takeaways
- Fig. 23. Tracking-as-a-service market, by asset type: market share, 2022 & 2030
- Fig. 24. Tracking-as-a-service market estimates & forecasts, by electronics & IT assets, 2017 - 2030, (USD Million)
- Fig. 25. Tracking-as-a-service market estimates & forecasts, by in-transit equipment, 2017 - 2030, (USD Million)
- Fig. 26. Tracking-as-a-service market estimates & forecasts, by manufacturing assets, 2017 - 2030, (USD Million)
- Fig. 27. Tracking-as-a-service market estimates & forecasts, by others, 2017 - 2030, (USD Million)
- Fig. 28. Tracking-as-a-service market estimates & forecasts, by industry, 2017 - 2030, (USD Million)
- Fig. 29. Tracking-as-a-service market estimates & forecasts, by industry, 2017 - 2030, (USD Million)
- Fig. 30. Tracking-as-a-service market estimates & forecasts, by transportation & logistic, 2017 - 2030, (USD Million)
- Fig. 31. Tracking-as-a-service market estimates & forecasts, by manufacturing, 2017 - 2030, (USD Million)
- Fig. 32. Tracking-as-a-service market estimates & forecasts, by healthcare, 2017 - 2030, (USD Million)
- Fig. 33. Tracking-as-a-service market estimates & forecasts, by food & beverage, 2017 - 2030, (USD Million)
- Fig. 34. Tracking-as-a-service market estimates & forecasts, by retail, 2017 - 2030, (USD Million)
- Fig. 35. Tracking-as-a-service market estimates & forecasts, by IT & telecom, 2017 - 2030, (USD Million)
- Fig. 36. Tracking-as-a-service market estimates & forecasts, by others, 2017 - 2030, (USD Million)
- Fig. 37. Tracking-as-a-service market revenue, by region, 2022 & 2030, (USD Million)
- Fig. 38. Regional marketplace: key takeways
- Fig. 39. North America tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 40. U.S. tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 41. Canada tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 42. Europe tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 43. UK tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 44. Germany tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 45. France tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 46. Asia Pacific tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 47. China tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 48. India tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 49. Japan tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 50. Australia tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 51. South Korea tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 52. Latin America tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 53. Brazil tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 54. Mexico tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 55. Middle East & Africa tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 56. The Kingdom of Saudi Arabia (KSA) tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 57. UAE tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 58. South Africa tracking-as-a-service market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 59. Key company categorization
- Fig. 60. Company market positioning
- Fig. 61. Company market share analysis, 2022
- Fig. 62. Strategic framework
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