Global Asset Tracking Market Size & Outlook, 2025-2030
Global asset tracking market, 2018-2030 (US$M)
Global asset tracking market highlights
- The global asset tracking market generated a revenue of USD 24,143.0 million in 2024 and is expected to reach USD 51,588.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 14.9% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 25,753.3 million in 2024.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 24,143.0 million |
| Market revenue in 2030 | USD 51,588.0 million |
| Growth rate | 14.9% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 33.8% of the global asset tracking market in 2024.
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Asset Tracking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wasp Barcode Technologies | View profile | 51-100 | East Peckham, Kent, United Kingdom, Europe | http://www.waspbarcode.co.uk/ |
| Spireon | View profile | 501-1000 | Irvine, California, United States, North America | http://spireon.com |
| ASAP Systems | View profile | 11-50 | San Jose, California, United States, North America | http://www.asapsystems.com |
| OnAsset Intelligence | View profile | 11-50 | Irving, Texas, United States, North America | http://www.onasset.com |
| GigaTrak | View profile | 1-10 | Elk Grove Village, Illinois, United States, North America | http://www.gigatrak.com/ |
| Actsoft | View profile | 101-250 | Tampa, Florida, United States, North America | http://www.actsoft.com/ |
| Qualcomm Technologies (QITC) | View profile | - | - | |
| Fleet Complete | View profile | 501-1000 | Markham, Ontario, Canada, North America | http://www.fleetcomplete.com/ |
| Asset Panda | View profile | 51-100 | Frisco, Texas, United States, North America | https://www.assetpanda.com |
| Samsara Luggage | View profile | 1-10 | Hackensack, New Jersey, United States, North America | https://www.samsaraluggage.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Tennant Co | View profile | 4457 | 10400 Clean Street, Eden Prairie, MN, United States, 55344 | https://www.tennantco.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Trimble Inc | View profile | 12700 | 10368 Westmoor Drive, Westminister, CO, United States, 80021 | https://www.trimble.com |
Global asset tracking market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to asset tracking market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 106.67% in 2024. Horizon Databook has segmented the Global asset tracking market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Asset Tracking Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Global Asset Tracking Technology Outlook (Revenue, USD Million, 2018-2030)
- RFID
- M2M/IoT
- GPS
- Barcode
- Other Technology
- Global Asset Tracking Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-Premise
- Global Asset Tracking Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- SMEs
- Global Asset Tracking Industry Outlook (Revenue, USD Million, 2018-2030)
- Transportation & Logistics
- Manufacturing
- Healthcare
- Retail & E-commerce
- Aviation
- Government
- Other Industry
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Target buyers of Global asset tracking market databook
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Our clientele includes a mix of asset tracking market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global asset tracking market , including forecasts for subscribers. This global databook contains high-level insights into Global asset tracking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global asset tracking market size, by regions, 2018-2030 (US$M)
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