Global Asset Tracking Market 2023-2030

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    When a business keeps track of its physical assets, asset tracking occurs. You must give your assets a GPS tracking system, a barcode scanner, or a radio-frequency identification (RFID) in order to accomplish this.


    Your physical assets may include things like vehicles, computers, generators, or other technological machinery. Your company’s assets add value and are essential to its operation.


    These physical commodities are considered tangible assets, whereas contracts, proprietary software, and patents are examples of intangible assets.


    If you work for a company that routinely stocks inventory, assets are not the same as inventory. You stock and keep track of the inventory using the assets. A comprehensive asset management system for all of your assets is crucial.


    You need to be conscious of what offers value and what you might be able to sell or get rid of to make extra space in your workspace when you’re beginning a business from scratch.


    Knowing what you have makes it easier to decide what you need to replace or enhance in order to stay on the cutting edge of your business.


    You can save expenses while also figuring out better, more effective ways to complete tasks. Because they will have a very thorough log of materials to refer to, your administrative staff members will be able to complete their tasks more quickly.


    Investing in asset tracking is also beneficial for maintaining precise business records and comprehending Due to precise departmental breakdowns, you can estimate your taxes.


    In some businesses, asset monitoring is also a need for recordkeeping, so it’s wise to stay on top of things.




    Global Asset Tracking Market 2023-2030 1


    The Global Asset tracking market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.




    The AK300 LTE car tracker and AS500 extended standby asset tracker are two new products launched from ATrack Technology Inc., a well-known global telematics company.


    With its many interfaces, the AK300 vehicle tracker can support a variety of applications for commercial vehicles, helping logistics companies to increase fleet management effectiveness.


    The AS500 long standby asset tracker complies with IP69K requirements for waterproof and dustproof housing design, and when used in conjunction with high-efficiency power-saving technology, it can run for up to ten years with everyday use.


    Cloud-based management enables the sector to handle high-value assets efficiently without needing a power supply around-the-clock.


    The Mobile Internet of Things (M-IoT) firm BeWhere (“BeWhere” or the “Company”) is pleased to announce the launch of its newest asset tracking tools, the BeSol+ and BeTen+.


    The company’s most popular caravan and equipment tracking device, the BeSol, has evolved into the BeSol+.


    An industry-leading 5-minute live reporting frequency without an external power source is made possible by the BeSol+’s incorporation of solar recharging, Low-Power 5G and 2G communications, GPS, GLONASS, GNSS, Wi-Fi, and BLE indoor and outdoor location technologies, a 7-amp rechargeable battery, and a larger solar panel.


    The BeSol+ also gains an IP68 designation for water and dust resistance and keeps all of its integrated environmental sensors, including an accelerometer and sensors for temperature, air pressure, humidity, light exposure, and pressure.


    Along with these brand-new and sophisticated capabilities, the BeSol+ offers tamper-proof sensors that send out fast alerts in the event that a tracker is taken from an asset and hub-odometer level precision for tracking trailer mileage.


    The BeTen+ is a development of the BeTen, the company’s first asset tracker, and it is made for tracking unpowered containers and machinery.


    The BeTen+ also includes Low Power 5G and 2G communications, GPS, GLONASS, GNSS, Wi-Fi, and BLE indoor and outdoor location technologies, as well as a hybrid power source made up of a 5.6-amp disposable battery and a super-capacitor that improves battery life by 20% and offers better performance in colder climates.


    To enable precise, more energy-efficient asset tracking, Onsemi launched its End-to-End Positioning System. 


    The system is built on onsemi’s RSL15 MCU, the lowest power Bluetooth® 5.2 MCU in the industry, and combines software algorithms and components supplied by Unikie and CoreHW, creating a fully integrated solution with components that have been optimised for use together.


    The new Bluetooth Low Energy (Bluetooth LE) technology enables tags to be used for object or person tracking with sub-meter accuracy in predefined tight locations like warehouses, shops, or other structures.


    While lowering the amount of development work and time to market, it is scalable to huge volumes of monitored objects in terms of performance and cost.


    The RSL15 is perfect for a variety of industrial automation applications, including asset monitoring, smart retail, and IoT edge nodes, thanks to its new improved features.


    Using the IQ values for the received signals, Unikie, a cutting-edge engineering firm specialising in enabling smart spaces, built the software algorithms and components to determine the real-time positions of a Bluetooth LE-based tag.


    The Unikie BLE translation Engine product is a bundled version of Unikie’s high-performance translation software for edge or cloud deployment.


    Additionally, enterprise systems and data analyzers may simply be linked with Unikie’s APIs.


    A variety of sectors can use Bluetooth Angle of Arrival (AoA) development kits from CoreHW, a fabless semiconductor business producing Integrated Circuit (IC) technologies, to take advantage of indoor location systems for improved location-based applications.



    1. How many Asset tracking are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Asset tracking and key vendor selection criteria
    3. Where is the Asset tracking manufactured? What is the average margin per unit?
    4. Market share of Global Asset tracking market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Asset tracking in-house
    6. key predictions for next 5 years in Global Asset tracking market
    7. Average B-2-B Asset tracking market price in all segments
    8. Latest trends in Asset tracking market, by every market segment
    9. The market size (both volume and value) of the Asset tracking market in 2023-2030 and every year in between?
    10. Production breakup of Asset tracking market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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