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Iot Based Asset Tracking And Monitoring Market
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Iot Based Asset Tracking And Monitoring Market

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IoT-based Asset Tracking and Monitoring Market - Global Size, Share, Trend Analysis, Opportunity and Forecast, 2019–2030, Segmented By Connectivity Type (Wi-Fi, Bluetooth, Cellular, NB-IoT, LoRaWAN, SigFox, GNSS, Ultra-wideband (UWB)); By Application (Transportation & Logistics, Manufacturing, Livestock Monitoring, Cold Chain Monitoring); By Region (North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA))

  • Published Date: July 2024
  • Report ID: BWC24514
  • Available Format: PDF
  • Page: 400

Report Overview

A spurring demand for real-time tracking to enhance operational efficiency and optimum asset utilization using advanced technologies like IoT in various major industries is expected to foster significant growth of Global IoT-based Asset Tracking and Monitoring Market during the forecast period between 2024 and 2030.

Global IoT-based Asset Tracking and Monitoring Market – Industry Trends & Forecast Report, 2030

Global IoT-based Asset Tracking and Monitoring Market size by value was estimated at USD 5.27 billion in 2023. During the forecast period between 2024 and 2030, Global IoT-based Asset Tracking and Monitoring Market size is expected to expand at a CAGR of 8.65% reaching a value of USD 9.43 billion by 2030. Global IoT-based Asset Tracking and Monitoring Market is experiencing a technological revolution, spearheaded by advancements in IoT, ML, and AI technologies. These cutting-edge technological solutions help in boosting industrial asset performance and elevate production quality. Real-time monitoring enables precise decision-making, propelling the industry forward. With global investments pouring into IoT and digitization, along with heightened research and development efforts. Consequently, the market is set to capitalize on these advancements, positioning itself for significant growth and innovation in the coming years.

IoT-based Asset Tracking and Monitoring Market

IoT-based Asset Tracking and Monitoring Market – Overview

IoT-based asset tracking and monitoring use IoT technology to manage assets in real-time, enhancing visibility, control, and efficiency. This technology benefits industries like logistics, manufacturing, and healthcare by optimizing inventory management, reducing downtime, and ensuring regulatory compliance, revolutionizing asset management through actionable insights and automation.

Global IoT-based Asset Tracking and Monitoring Market

Growth Drivers

Increasing Use of Cost-Efficient and Connected Devices and Sensors

Global IoT-based Asset Tracking and Monitoring Market is booming because of the rise of affordable, connected devices, and sensors. These innovations are revolutionizing industries including agriculture, manufacturing, aviation, cold chain tracking, and the automotive industry. Companies are leveraging this data to streamline operations and stay competitive. In the US, many businesses are already harnessing smart IoT modules for everything from production processes and fleet management to monitoring livestock feed. The future of asset tracking is here, and it's connected like never before.

Challenges

High Initial Investment

Implementing IoT technology in asset tracking and monitoring demands a significant initial investment. Modern buildings often lack IoT technology, leading to high initial investment in retrofitting machines. Deploying IoT solutions in various applications is costly, including application development, hardware, and life cycle costs. This process varies across countries, making it difficult for small businesses with limited budgets to afford such a significant investment, potentially hindering market growth during forecast periods. This substantial investment challenge can impede the growth of IoT-based Asset Tracking and Monitoring Market in the forecast period.

Impact of Escalating Geopolitical Tensions on Global IoT-based Asset Tracking and Monitoring Market

Global IoT-based Asset Tracking and Monitoring Market is anticipated to be significantly influenced by intensifying geopolitical tensions among countries across the regions. The escalating geopolitical tensions are causing supply chain disruptions and limiting access to critical components in Global IoT-based Asset Tracking And Monitoring Market. Trade restrictions, tariffs, and sanctions can limit market growth. Cybersecurity threats from state-sponsored actors also increase concerns about data security, driving companies to invest in protective measures. Despite these challenges, geopolitical tensions further drive demand for advanced tracking and monitoring solutions to ensure asset security in the coming years.

Global IoT-based Asset Tracking and Monitoring Market

Global IoT-based Asset Tracking and Monitoring Market – By Connectivity Type

By connectivity type, Global IoT-based Asset Tracking and Monitoring Market is divided into Wi-Fi, Bluetooth, Cellular, NB-IoT, LoRaWAN, SigFox, GNSS, and Ultra-wideband (UWB) segments. The cellular segment is the largest connectivity type in Global IoT Asset Tracking and Monitoring Market, due to its extensive coverage and reliability. It benefits from 4G and 5G technology, offering high-speed connectivity and low latency. It is widely used in logistics, transportation, and supply chain management for real-time tracking, efficient asset management, and enhanced operational efficiency. With a solid infrastructure and continuous advancements, the market maintains its dominance.

IoT-based Asset Tracking and Monitoring Market Size

Global IoT-based Asset Tracking and Monitoring Market – By Region

Regionally, Global IoT-based Asset Tracking and Monitoring Market is divided into North America, Europe, Asia Pacific (APAC), Latin America (LATAM), and Middle East and Africa (MEA). North America holds the major share in Global IoT-based Asset Tracking and Monitoring Market. The region’s dominance is due to its advanced infrastructure, high IoT adoption rate, and key industry players. The United States invests heavily in IoT technology across sectors like transportation, healthcare, and manufacturing. North America's focus on innovative technology development and favorable regulatory environment further strengthens its market position.

IoT-based Asset Tracking and Monitoring Market Trend

Competitive Landscape

Key players in the highly competitive Global IoT-based Asset Tracking and Monitoring Market include Quectel Wireless Solutions Co., Ltd, u-blox, Semtech Corporation, Fibocom Wireless Inc., Telit, Solera, Nordic Semiconductor, Samsara Inc., Laird Connectivity, SEQUANS, Sierra Wireless, Thales, Sony Semiconductor Israel Ltd, GosuncnWelink Corporation, and Analog Devices, Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In April 2022 – Semtech Corporation introduced the LoRa Edge device-to-cloud geolocation platform. The new LoRa Edge LR1120 enables direct satellite-connected IoT applications in supply chain management and logistics with seamless low-power geolocation on a global scale.

  • In February 2022 – Laird Connectivity launched an advanced Bluetooth LE module series to accelerate IoT development. The Lyra Series of Bluetooth Low Energy (LE) modules are based on the silicon labs EFR32BG22 SoC, which provides customers with a range of flexible modules.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Billion 

Market Coverage

North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA)

Product/Service Segmentation

Application, End Use, Region

Key Players

Quectel Wireless Solutions Co., Ltd, u-blox, Semtech Corporation, Fibocom Wireless Inc., Telit, Solera, Nordic Semiconductor, Samsara Inc., Laird Connectivity, SEQUANS, Sierra Wireless, Thales, Sony Semiconductor Israel Ltd., GosuncnWelink Corporation, Analog Devices, Inc.

 

 

By Connectivity Type

  • Wi-Fi

  • Bluetooth

  • Cellular

  • NB-IoT

  • LoRaWAN

  • SigFox

  • GNSS

  • Ultra-wideband (UWB)

By Application

  • Transportation & logistics

  • Manufacturing

  • Livestock Monitoring

  • Cold Chain Monitoring

By Region

  • North America

  • Europe

  • Asia Pacific (APAC)

  • Latin America (LATAM)

  • Middle East and Africa (MEA)

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3.  Global IoT-based Asset Tracking and Monitoring Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing adoption of IoT technology
        2. Need for real-time asset visibility
        3. Advancements in sensor technology
        4. Stringent regulations and compliance requirements
      2. Restraints
        1. High initial investment
        2. Data security and privacy concerns
        3. Lack of standardization
        4. Shortage of skilled workforce
      3. Opportunities
        1. Expansion into emerging markets
        2. Integration with other technologies
        3. Increasing demand for predictive maintenance
        4. Partnerships and collaborations
      4. Challenges
        1. Interoperability issues
        2. Lack of awareness
        3. Regulatory compliance
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global IoT-based Asset Tracking and Monitoring Market Marketing Strategies
  5. Global IoT-based Asset Tracking and Monitoring Market: Geographical Analysis
    1. Global IoT-based Asset Tracking and Monitoring Market, Geographical Analysis, 2023
    2. Global IoT-based Asset Tracking and Monitoring Market, Market Attractiveness Analysis, 2024–2030
  6. Global IoT-based Asset Tracking and Monitoring Market Overview
    1. Market Connectivity Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share and Forecast
      1. By Connectivity Type
        1. Wi-Fi
        2. Bluetooth
        3. Cellular
        4. NB-IoT
        5. LoRaWAN
        6. SigFox
        7. GNSS
        8. Ultra-wideband (UWB)
        9. Others
      2. By Application
        1. Transportation & logistics
        2. Manufacturing
        3. Livestock Monitoring
        4. Cold Chain Monitoring
        5. Others
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle East and Africa (MEA)
  7. North America IoT-based Asset Tracking and Monitoring Market
    1. Market Connectivity Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Connectivity Type
      2. By Application
      3. By Country
        1. United States
          1. By Connectivity Type
          2. By Application
        2. Canada
          1. By Connectivity Type
          2. By Application
  8. Europe IoT-based Asset Tracking and Monitoring Market
    1. Market Connectivity Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Connectivity Type
      2. By Application
      3. By Country
        1. Germany
          1. By Connectivity Type
          2. By Application
        2. United Kingdom
          1. By Connectivity Type
          2. By Application
        3. Italy
          1. By Connectivity Type
          2. By Application
        4. France
          1. By Connectivity Type
          2. By Application
        5. Spain
          1. By Connectivity Type
          2. By Application
        6. Belgium
          1. By Connectivity Type
          2. By Application
        7. Russia
          1. By Connectivity Type
          2. By Application
        8. The Netherlands
          1. By Connectivity Type
          2. By Application
        9. Rest of Europe
          1. By Connectivity Type
          2. By Application
  9. Asia Pacific IoT-based Asset Tracking and Monitoring Market
    1. Market Connectivity Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Connectivity Type
      2. By Application
      3. By Country
        1. China
          1. By Connectivity Type
          2. By Application
        2. India
          1. By Connectivity Type
          2. By Application
        3. Japan
          1. By Connectivity Type
          2. By Application
        4. South Korea
          1. By Connectivity Type
          2. By Application
        5. Australia & New Zealand
          1. By Connectivity Type
          2. By Application
        6. Indonesia
          1. By Connectivity Type
          2. By Application
        7. Malaysia
          1. By Connectivity Type
          2. By Application
        8. Singapore
          1. By Connectivity Type
          2. By Application
        9. Vietnam
          1. By Connectivity Type
          2. By Application
        10. Rest of APAC
          1. By Connectivity Type
          2. By Application
  10. Latin America IoT-based Asset Tracking and Monitoring Market
    1. Market Connectivity Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Connectivity Type
      2. By Application
      3. By Country
        1. Brazil
          1. By Connectivity Type
          2. By Application
        2. Mexico
          1. By Connectivity Type
          2. By Application
        3. Argentina
          1. By Connectivity Type
          2. By Application
        4. Peru
          1. By Connectivity Type
          2. By Application
        5. Rest of LATAM
          1. By Connectivity Type
          2. By Application
  11. Middle East & Africa IoT-based Asset Tracking and Monitoring Market
    1. Market Connectivity Type & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Connectivity Type
      2. By Application
      3. By Country
        1. Saudi Arabia
          1. By Connectivity Type
          2. By Application
        2. UAE
          1. By Connectivity Type
          2. By Application
        3. Qatar
          1. By Connectivity Type
          2. By Application
        4. Kuwait
          1. By Connectivity Type
          2. By Application
        5. South Africa
          1. By Connectivity Type
          2. By Application
        6. Nigeria
          1. By Connectivity Type
          2. By Application
        7. Algeria
          1. By Connectivity Type
          2. By Application
        8. Rest of MEA
          1. By Connectivity Type
          2. By Application
  12. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global IoT-based Asset Tracking and Monitoring Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  13. Impact of Escalating Geopolitical Tensions on Global IoT-based Asset Tracking and Monitoring Market
  14. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Quectel Wireless Solutions Co., Ltd
    2. u-blox
    3. Semtech Corporation
    4. Fibocom Wireless Inc.
    5. Telit
    6. Solera
    7. Nordic Semiconductor
    8. Samsara Inc.
    9. Laird Connectivity
    10. SEQUANS
    11. Sierra Wireless
    12. Thales
    13. Sony Semiconductor Israel Ltd.
    14. GosuncnWelink Corporation
    15.  Analog Devices, Inc.
    16. Other Prominent Players
  15. Key Strategic Recommendations
  16. Research Methodology
    1.   Qualitative Research
      1.  Primary & Secondary Research
    2.   Quantitative Research
    3.   Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.   Breakdown of Primary Research Respondents, By Region
    5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

List of Figures

 

Figure 1       Global IoT-based Asset Tracking and Monitoring Segmentation

Figure 2       Global IoT-based Asset Tracking and Monitoring Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       Global IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 5       Global IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 6       Global IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 7       Global IoT-based Asset Tracking and Monitoring Market Share, By Region, By Value, 2019–2030

Figure 8       North America IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 9       North America IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 10     North America IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value,

Figure 11     North America IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Figure 12     United States IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 13     United States IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 14     United States IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 15     Canada IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 16     Canada IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 17     Canada IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 18     Europe IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 19     Europe IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 20     Europe IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 21     Europe IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Figure 22     Germany IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 23     Germany IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 24     Germany IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 25     United Kingdom IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 26     United Kingdom IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 27     United Kingdom IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 28     Italy IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 29     Italy IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 30     Italy IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 31     France IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 32     France IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 33     France IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 34     Spain IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 35     Spain IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 36     Spain IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 37     Belgium IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 38     Belgium IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 39     Belgium IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 40     Russia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 41     Russia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 42     Russia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 43     The Netherlands IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 44     The Netherlands IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 45     The Netherlands IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 46     Rest of Europe IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 47     Rest of Europe IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 48     Rest of Europe IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 49     Asia Pacific IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 50     Asia Pacific IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 51     Asia Pacific IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 52     Asia Pacific IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Figure 53     China IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 54     China IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 55     China IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 56     India IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 57     India IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 58     India IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 59     Japan IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 60     Japan IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 61     Japan IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 62     South Korea IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 63     South Korea IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 64     South Korea IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 65     Australia & New Zealand IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 66     Australia & New Zealand IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 67     Australia & New Zealand IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 68     Indonesia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 69     Indonesia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 70     Indonesia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 71     Malaysia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 72     Malaysia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 73     Malaysia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 74     Singapore IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 75     Singapore IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 76     Singapore IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 77     Vietnam IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 78     Vietnam IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 79     Vietnam IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 80     Rest of APAC IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 81     Rest of APAC IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 82     Rest of APAC IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 83     Latin America IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 84     Latin America IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 85     Latin America IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 86     Latin America IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Figure 87     Brazil IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 88     Brazil IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 89     Brazil IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 90     Mexico IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 91     Mexico IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 92     Mexico IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 93     Argentina IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 94     Argentina IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 95     Argentina IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 96     Peru IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 97     Peru IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 98     Peru IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 99     Rest of LATAM IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 100   Rest of LATAM IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 101   Rest of LATAM IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 102   Middle East and Africa IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 103   Middle East and Africa IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 104   Middle East and Africa IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 105   Middle East and Africa IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Figure 106   Saudi Arabia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 107   Saudi Arabia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 108   Saudi Arabia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 109   UAE IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 110   UAE IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 111   UAE IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 112   Qatar IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 113   Qatar IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 114   Qatar IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 115   Kuwait IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 116   Kuwait IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 117   Kuwait IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 118   South Africa IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 119   South Africa IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 120   South Africa IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 121   Nigeria IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 122   Nigeria IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 123   Nigeria IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 124   Algeria IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 125   Algeria IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 126   Algeria IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Figure 127   Rest of MEA IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Figure 128   Rest of MEA IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Figure 129   Rest of MEA IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

 

List of Tables

 

Table 1 Global IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 2 Global IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 3 Global IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 4 Global IoT-based Asset Tracking and Monitoring Market Share, By Region, By Value, 2019–2030

Table 5 North America IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 6 North America IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 7 North America IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 8 North America IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Table 9 United States IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 10      United States IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 11      United States IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 12      Canada IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 13      Canada IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 14      Canada IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 15      Europe IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 16      Europe IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 17      Europe IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 18      Europe IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Table 19      Germany IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 20      Germany IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 21      Germany IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 22      United Kingdom IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 23      United Kingdom IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 24      United Kingdom IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 25      Italy IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 26      Italy IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 27      Italy IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 28      France IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 29      France IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 30      France IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 31      Spain IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 32      Spain IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 33      Spain IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 34      Belgium IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 35      Belgium IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 36      Belgium IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 37      Russia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 38      Russia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 39      Russia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 40      The Netherlands IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 41      The Netherlands IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 42      The Netherlands IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 43      Rest of Europe IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 44      Rest of Europe IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 45      Rest of Europe IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 46      Asia Pacific IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 47      Asia Pacific IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 48      Asia Pacific IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 49      Asia Pacific IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Table 50      China IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 51      China IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 52      China IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 53      India IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 54      India IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 55      India IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 56      Japan IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 57      Japan IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 58      Japan IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 59      South Korea IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 60      South Korea IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 61      South Korea IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 62      Australia & New Zealand IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 63      Australia & New Zealand IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 64      Australia & New Zealand IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 65      Indonesia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 66      Indonesia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 67      Indonesia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 68      Malaysia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 69      Malaysia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 70      Malaysia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 71      Singapore IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 72      Singapore IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 73      Singapore IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 74      Vietnam IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 75      Vietnam IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 76      Vietnam IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 77      Rest of APAC IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 78      Rest of APAC IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 79      Rest of APAC IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 80      Latin America IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 81      Latin America IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 82      Latin America IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 83      Latin America IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Table 84      Brazil IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 85      Brazil IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 86      Brazil IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 87      Mexico IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 88      Mexico IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 89      Mexico IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 90      Argentina IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 91      Argentina IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 92      Argentina IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 93      Peru IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 94      Peru IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 95      Peru IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 96      Rest of LATAM IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 97      Rest of LATAM IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 98      Rest of LATAM IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 99      Middle East and Africa IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 100    Middle East and Africa IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 101    Middle East and Africa IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 102    Middle East and Africa IoT-based Asset Tracking and Monitoring Market Share, By Country, By Value, 2019–2030

Table 103    Saudi Arabia IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 104    Saudi Arabia IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 105    Saudi Arabia IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 106    UAE IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 107    UAE IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 108    UAE IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 109    Qatar IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 110    Qatar IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 111    Qatar IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 112    Kuwait IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 113    Kuwait IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 114    Kuwait IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 115    South Africa IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 116    South Africa IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 117    South Africa IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 118    Nigeria IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 119    Nigeria IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 120    Nigeria IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 121    Algeria IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 122    Algeria IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 123    Algeria IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 124    Rest of MEA IoT-based Asset Tracking and Monitoring Market Connectivity Type, By Value (USD Billion), 2019–2030

Table 125    Rest of MEA IoT-based Asset Tracking and Monitoring Market Share, By Connectivity Type, By Value, 2019–2030

Table 126    Rest of MEA IoT-based Asset Tracking and Monitoring Market Share, By Application, By Value, 2019–2030

Table 127    Quectel Wireless Solutions Co., Ltd Company Overview

Table 128    Quectel Wireless Solutions Co., Ltd Financial Overview

Table 129    u-blox Company Overview

Table 130    u-blox Financial Overview

Table 131    Semtech Corporation Company Overview

Table 132    Semtech Corporation Financial Overview

Table 133    Fibocom Wireless Inc. Company Overview

Table 134    Fibocom Wireless Inc. Financial Overview

Table 135    Telit Company Overview

Table 136    Telit Financial Overview

Table 137    Solera Company Overview

Table 138    Solera Financial Overview

Table 139    Nordic Semiconductor Company Overview

Table 140    Nordic Semiconductor Financial Overview

Table 141    Samsara Inc. Company Overview

Table 142    Samsara Inc. Financial Overview

Table 143    Laird Connectivity Company Overview

Table 144    Laird Connectivity Financial Overview

Table 145    SEQUANS Company Overview

Table 146    SEQUANS Financial Overview

Table 147    Sierra Wireless Company Overview

Table 148    Sierra Wireless Financial Overview

Table 149    Thales Company Overview

Table 150    Thales Financial Overview

Table 151    Sony Semiconductor Israel Ltd. Company Overview

Table 152    Sony Semiconductor Israel Ltd. Financial Overview

Table 153    GosuncnWelink Corporation Company Overview

Table 154    GosuncnWelink Corporation Financial Overview

Table 155    Analog Devices, Inc. Company Overview

Table 156    Analog Devices, Inc. Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Global IoT-based Asset Tracking and Monitoring Market size by value was estimated at USD 5.27 billion in 2023.
Ans: Global IoT-based Asset Tracking and Monitoring Market by value is expected to grow at a CAGR of 8.65% during the forecast period between 2024 and 2030.
Ans: Global IoT-based Asset Tracking and Monitoring Market size is forecast to reach a value of USD 9.43 billion by 2030.
Ans: The growth of Global IoT-based Asset Tracking and Monitoring Market is primarily driven by rising demand for real-time tracking, advancements in IoT technology, rising adoption in logistics and supply chain management, and the need for enhanced operational efficiency and asset utilization.
Ans: The cellular segment accounts for the highest market share in Global IoT-based Asset Tracking and Monitoring Market by connectivity type.
Ans: Key players in Global IoT-based Asset Tracking and Monitoring Market include Quectel Wireless Solutions Co., Ltd, u-blox, Semtech Corporation, Fibocom Wireless Inc., Telit, Solera, Nordic Semiconductor, Samsara Inc., Laird Connectivity, SEQUANS, Sierra Wireless, Thales, Sony Semiconductor Israel Ltd., GosuncnWelink Corporation, and Analog Devices, Inc.