Tracking As A Service Market Report and Industry Outlook 2022-27

According to the latest report by IMARC Group, the global tracking as a service market is expected to reach US$ 3.7 Billion by 2027, exhibiting a CAGR of 17.10% from 2022-to 2027.

Tracking as a service represents a cloud-based solution that is used by several organizations to track and monitor day-to-day business processes.

It provides enhanced data collection, scalability, mobile support, reporting and logging, process mapping, real-time monitoring, data management, etc., to improve organizational performance, decision-making, and work efficiency.

Consequently, tracking-as-a-service finds wide-ranging applications across various industries, such as manufacturing, healthcare, e-commerce, retail, transportation, logistics, etc.

Global Tracking-as-a-Service Industry Trends and Drivers:

The escalating demand for aggregation systems and automated serialization in the healthcare industry is primarily driving the tracking as a service market.

Additionally, the widespread adoption of electronic monitoring and tracking systems to prevent unauthorized access to sensitive data and track the exchange of information among employees is further catalyzing market growth.

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Besides this, tracking-as-a-service solutions are extensively used by organizations that offer car rental services to prevent delay, improve vehicle maintenance, provide enhanced safety, etc., to the consumers, which in turn is also augmenting the global market.

Moreover, the launch of several favorable policies by the government bodies to install GPS tracking systems in novel vehicles is acting as another significant growth-inducing factor.

Apart from this, the introduction of numerous technological advancements, such as the integration of connected devices with the Internet of Things (IoT), global positioning system (GPS) tracking, real-time monitoring solutions, etc., that aid in locating containers, maintaining driver safety, tracking stolen goods, detecting fraudulent activities, etc., is anticipated to fuel the tracking as a service market over the forecasted period.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

AT&T Inc., Datalogic S.p.A. (Hydra S.p.A.), Geotab Inc., Honeywell International Inc., Mojix Inc., Motorola Solutions Inc., PCCW Solutions, Spider Tracks Limited, Topcon Corporation, Trimble Inc., Verizon Communications Inc., WABCO Digital Solutions and Zebra Technologies Corp.

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The report has segmented the market on the basis of region, component, type, asset type, enterprise size, and end-use industry.

Breakup by Component:

• Software
• Service

Based on the component, the market has been bifurcated into software and service.

Breakup by Type:

• Cloud-based
• On-premises

On the basis of the type, the market has been segregated into cloud-based and on-premises.

Breakup by Asset Type:

• Electronics and IT Assets
• In-Transit Equipment
• Manufacturing Assets
• Others

Based on the asset type, the market has been divided into electronics and IT assets, In-Transit equipment, manufacturing assets, and others.

Breakup by Enterprise Size:

• Large Enterprises
• Small and Medium-sized Enterprises

On the basis of enterprise size, the market has been categorized into large, small, and medium-sized enterprises (SMEs).

Breakup by End-Use Industry:

• Retail
• Manufacturing
• E-commerce
• Transportation and Logistics
• Healthcare
• Others

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• The Middle East and Africa

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If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Also read: Top 13 Benefits of Using Field Service Management Software

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Table of Content

1    Preface
2    Scope and Methodology
2.1    Objectives of the Study
2.2    Stakeholders
2.3    Data Sources
2.3.1    Primary Sources
2.3.2    Secondary Sources
2.4    Market Estimation
2.4.1    Bottom-Up Approach
2.4.2    Top-Down Approach
2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
4.1    Overview
4.2    Key Industry Trends
5    Global Tracking as a service Market
5.1    Market Overview
5.2    Market Performance
5.3    Impact of COVID-19
5.4    Market Forecast
6    Market Breakup by Component 
6.1    Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2    Service
6.2.1 Market Trends
6.2.2 Market Forecast
7    Market Breakup by Type
7.1    Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2    On-premises
7.2.1 Market Trends
7.2.2 Market Forecast
8    Market Breakup by Asset Type
8.1    Electronics and IT Assets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2    In-Transit Equipment
8.2.1 Market Trends
8.2.2 Market Forecast
8.3    Manufacturing Assets
8.3.1 Market Trends
8.3.2 Market Forecast
8.4    Others
8.4.1 Market Trends
8.4.2 Market Forecast
9    Market Breakup by Enterprise Size
9.1    Large Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2    Small and Medium-sized Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast
10    Market Breakup by End-Use Industry
10.1    Retail
10.1.1 Market Trends
10.1.2 Market Forecast
10.2    Manufacturing
10.2.1 Market Trends
10.2.2 Market Forecast
10.3    E-commerce
10.3.1 Market Trends
10.3.2 Market Forecast
10.4    Transportation and Logistics
10.4.1 Market Trends
10.4.2 Market Forecast
10.5    Healthcare
10.5.1 Market Trends
10.5.2 Market Forecast
10.6    Others
10.6.1 Market Trends
10.6.2 Market Forecast
11    Market Breakup by Region
11.1    North America
11.1.1 the United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2    Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3    Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 the United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4    Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 the Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12    SWOT Analysis
12.1    Overview
12.2    Strengths
12.3    Weaknesses
12.4    Opportunities
12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
14.1    Overview
14.2    Bargaining Power of Buyers
14.3    Bargaining Power of Suppliers
14.4    Degree of Competition
14.5    Threat of New Entrants
14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
16.1    Market Structure
16.2    Key Players
16.3    Profiles of Key Players
16.3.1    AT&T Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2    Datalogic S.p.A. (Hydra S.p.A.)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3    Geotab Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4    Honeywell International Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5    Mojix Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6    Motorola Solutions Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7    PCCW Solutions
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8    Spider Tracks Limited
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9    Topcon Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10    Trimble Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11    Verizon Communications Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12    WABCO Digital Solutions
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13    Zebra Technologies Corp.
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.13.3 Financials
16.3.13.4 SWOT Analysis