IoT Asset Tracking Solutions Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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This report aims to provide a comprehensive presentation of the global market for IoT Asset Tracking Solutions study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global IoT Asset Tracking Solutions Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global IoT Asset Tracking Solutions market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IoT Asset Tracking Solutions include Telit, Hiber, Actsoft, ASAP Systems, OnAsset Intelligence, Tenna, Asset Panda, CalAmp and Oracle, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the IoT Asset Tracking Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global IoT Asset Tracking Solutions Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global IoT Asset Tracking Solutions Market Segment Percentages, by Type, 2021 (%)
Software
Hardware
Global IoT Asset Tracking Solutions Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global IoT Asset Tracking Solutions Market Segment Percentages, by Application, 2021 (%)
Commercial
Industrial
Medical
Others
Global IoT Asset Tracking Solutions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global IoT Asset Tracking Solutions Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT Asset Tracking Solutions revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies IoT Asset Tracking Solutions revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Telit
Hiber
Actsoft
ASAP Systems
OnAsset Intelligence
Tenna
Asset Panda
CalAmp
Oracle
Sprint
Trimble
AT&T
Verizon
Zebra Technologies
SAP
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 IoT Asset Tracking Solutions Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global IoT Asset Tracking Solutions Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global IoT Asset Tracking Solutions Overall Market Size
2.1 Global IoT Asset Tracking Solutions Market Size: 2021 VS 2028
2.2 Global IoT Asset Tracking Solutions Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top IoT Asset Tracking Solutions Players in Global Market
3.2 Top Global IoT Asset Tracking Solutions Companies Ranked by Revenue
3.3 Global IoT Asset Tracking Solutions Revenue by Companies
3.4 Top 3 and Top 5 IoT Asset Tracking Solutions Companies in Global Market, by Revenue in 2021
3.5 Global Companies IoT Asset Tracking Solutions Product Type
3.6 Tier 1, Tier 2 and Tier 3 IoT Asset Tracking Solutions Players in Global Market
3.6.1 List of Global Tier 1 IoT Asset Tracking Solutions Companies
3.6.2 List of Global Tier 2 and Tier 3 IoT Asset Tracking Solutions Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global IoT Asset Tracking Solutions Market Size Markets, 2021 & 2028
4.1.2 Software
4.1.3 Hardware
4.2 By Type - Global IoT Asset Tracking Solutions Revenue & Forecasts
4.2.1 By Type - Global IoT Asset Tracking Solutions Revenue, 2017-2022
4.2.2 By Type - Global IoT Asset Tracking Solutions Revenue, 2023-2028
4.2.3 By Type - Global IoT Asset Tracking Solutions Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global IoT Asset Tracking Solutions Market Size, 2021 & 2028
5.1.2 Commercial
5.1.3 Industrial
5.1.4 Medical
5.1.5 Others
5.2 By Application - Global IoT Asset Tracking Solutions Revenue & Forecasts
5.2.1 By Application - Global IoT Asset Tracking Solutions Revenue, 2017-2022
5.2.2 By Application - Global IoT Asset Tracking Solutions Revenue, 2023-2028
5.2.3 By Application - Global IoT Asset Tracking Solutions Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global IoT Asset Tracking Solutions Market Size, 2021 & 2028
6.2 By Region - Global IoT Asset Tracking Solutions Revenue & Forecasts
6.2.1 By Region - Global IoT Asset Tracking Solutions Revenue, 2017-2022
6.2.2 By Region - Global IoT Asset Tracking Solutions Revenue, 2023-2028
6.2.3 By Region - Global IoT Asset Tracking Solutions Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America IoT Asset Tracking Solutions Revenue, 2017-2028
6.3.2 US IoT Asset Tracking Solutions Market Size, 2017-2028
6.3.3 Canada IoT Asset Tracking Solutions Market Size, 2017-2028
6.3.4 Mexico IoT Asset Tracking Solutions Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe IoT Asset Tracking Solutions Revenue, 2017-2028
6.4.2 Germany IoT Asset Tracking Solutions Market Size, 2017-2028
6.4.3 France IoT Asset Tracking Solutions Market Size, 2017-2028
6.4.4 U.K. IoT Asset Tracking Solutions Market Size, 2017-2028
6.4.5 Italy IoT Asset Tracking Solutions Market Size, 2017-2028
6.4.6 Russia IoT Asset Tracking Solutions Market Size, 2017-2028
6.4.7 Nordic Countries IoT Asset Tracking Solutions Market Size, 2017-2028
6.4.8 Benelux IoT Asset Tracking Solutions Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia IoT Asset Tracking Solutions Revenue, 2017-2028
6.5.2 China IoT Asset Tracking Solutions Market Size, 2017-2028
6.5.3 Japan IoT Asset Tracking Solutions Market Size, 2017-2028
6.5.4 South Korea IoT Asset Tracking Solutions Market Size, 2017-2028
6.5.5 Southeast Asia IoT Asset Tracking Solutions Market Size, 2017-2028
6.5.6 India IoT Asset Tracking Solutions Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America IoT Asset Tracking Solutions Revenue, 2017-2028
6.6.2 Brazil IoT Asset Tracking Solutions Market Size, 2017-2028
6.6.3 Argentina IoT Asset Tracking Solutions Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa IoT Asset Tracking Solutions Revenue, 2017-2028
6.7.2 Turkey IoT Asset Tracking Solutions Market Size, 2017-2028
6.7.3 Israel IoT Asset Tracking Solutions Market Size, 2017-2028
6.7.4 Saudi Arabia IoT Asset Tracking Solutions Market Size, 2017-2028
6.7.5 UAE IoT Asset Tracking Solutions Market Size, 2017-2028
7 Players Profiles
7.1 Telit
7.1.1 Telit Corporate Summary
7.1.2 Telit Business Overview
7.1.3 Telit IoT Asset Tracking Solutions Major Product Offerings
7.1.4 Telit IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.1.5 Telit Key News
7.2 Hiber
7.2.1 Hiber Corporate Summary
7.2.2 Hiber Business Overview
7.2.3 Hiber IoT Asset Tracking Solutions Major Product Offerings
7.2.4 Hiber IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.2.5 Hiber Key News
7.3 Actsoft
7.3.1 Actsoft Corporate Summary
7.3.2 Actsoft Business Overview
7.3.3 Actsoft IoT Asset Tracking Solutions Major Product Offerings
7.3.4 Actsoft IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.3.5 Actsoft Key News
7.4 ASAP Systems
7.4.1 ASAP Systems Corporate Summary
7.4.2 ASAP Systems Business Overview
7.4.3 ASAP Systems IoT Asset Tracking Solutions Major Product Offerings
7.4.4 ASAP Systems IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.4.5 ASAP Systems Key News
7.5 OnAsset Intelligence
7.5.1 OnAsset Intelligence Corporate Summary
7.5.2 OnAsset Intelligence Business Overview
7.5.3 OnAsset Intelligence IoT Asset Tracking Solutions Major Product Offerings
7.5.4 OnAsset Intelligence IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.5.5 OnAsset Intelligence Key News
7.6 Tenna
7.6.1 Tenna Corporate Summary
7.6.2 Tenna Business Overview
7.6.3 Tenna IoT Asset Tracking Solutions Major Product Offerings
7.6.4 Tenna IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.6.5 Tenna Key News
7.7 Asset Panda
7.7.1 Asset Panda Corporate Summary
7.7.2 Asset Panda Business Overview
7.7.3 Asset Panda IoT Asset Tracking Solutions Major Product Offerings
7.7.4 Asset Panda IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.7.5 Asset Panda Key News
7.8 CalAmp
7.8.1 CalAmp Corporate Summary
7.8.2 CalAmp Business Overview
7.8.3 CalAmp IoT Asset Tracking Solutions Major Product Offerings
7.8.4 CalAmp IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.8.5 CalAmp Key News
7.9 Oracle
7.9.1 Oracle Corporate Summary
7.9.2 Oracle Business Overview
7.9.3 Oracle IoT Asset Tracking Solutions Major Product Offerings
7.9.4 Oracle IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.9.5 Oracle Key News
7.10 Sprint
7.10.1 Sprint Corporate Summary
7.10.2 Sprint Business Overview
7.10.3 Sprint IoT Asset Tracking Solutions Major Product Offerings
7.10.4 Sprint IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.10.5 Sprint Key News
7.11 Trimble
7.11.1 Trimble Corporate Summary
7.11.2 Trimble Business Overview
7.11.3 Trimble IoT Asset Tracking Solutions Major Product Offerings
7.11.4 Trimble IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.11.5 Trimble Key News
7.12 AT&T
7.12.1 AT&T Corporate Summary
7.12.2 AT&T Business Overview
7.12.3 AT&T IoT Asset Tracking Solutions Major Product Offerings
7.12.4 AT&T IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.12.5 AT&T Key News
7.13 Verizon
7.13.1 Verizon Corporate Summary
7.13.2 Verizon Business Overview
7.13.3 Verizon IoT Asset Tracking Solutions Major Product Offerings
7.13.4 Verizon IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.13.5 Verizon Key News
7.14 Zebra Technologies
7.14.1 Zebra Technologies Corporate Summary
7.14.2 Zebra Technologies Business Overview
7.14.3 Zebra Technologies IoT Asset Tracking Solutions Major Product Offerings
7.14.4 Zebra Technologies IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.14.5 Zebra Technologies Key News
7.15 SAP
7.15.1 SAP Corporate Summary
7.15.2 SAP Business Overview
7.15.3 SAP IoT Asset Tracking Solutions Major Product Offerings
7.15.4 SAP IoT Asset Tracking Solutions Revenue in Global Market (2017-2022)
7.15.5 SAP Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
Research Methodology:
IoT Asset Tracking Solutions Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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