ASIA-PACIFIC ASSET TRACKING MARKET 2019-2028

ICT | Media Software & Services

ASIA-PACIFIC ASSET TRACKING MARKET 2019-2028

Market by Type, End-user, and Country | Forecast 2019-2028

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The Asia-Pacific asset tracking market is anticipated to display growth in its revenue at 13.82% of CAGR during the projected phase of 2019-2028.


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The countries examined in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of APAC

In Asia-Pacific, countries such as China, Thailand, India, and Singapore are offering multiple growth opportunities to the asset tracking market. Due to the rising technological advancements, the region’s market is expected to witness expansion during the estimated period. Moreover, the growing adoption of IoT and AI in various end-user industries are also anticipated to drive the studied market’s progress. Furthermore, the small- & medium-scale enterprises are investing to increase the adoption of various advanced technological solutions for their business operations. The established companies are also innovating to provide asset tracking solutions to various end-user industries. Hence, the growing adoption of advanced technologies is expected to open several growth opportunities for the asset tracking market in the APAC region.

In the region, India is expected to become the fastest-growing country in the asset tracking market owing to the rapid growth in the logistics industry. Moreover, a robust logistics sector can boost India’s target to be a manufacturing giant based on government initiatives like ‘Make in India’. However, the slow implementation of new technologies affects the logistics sector’s development. Here, the adoption of asset tracking solutions is likely to solve such problems by tracking the transported goods and attaining data insights. This will further augment the progress of India’s asset tracking market.

Hilti Group offers various products, systems, and services to the construction sector. The company provides power tools, grinders, drills, saws, and more. It also provides design and layout software and services for construction professionals. The AI T35-H is a strong aluminum asset tag that tracks tools and equipment that are exposed to heavy usage. The company has its operation in various regions, including the Asia-Pacific. 

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Table of Content

1. ASIA-PACIFIC ASSET TRACKING MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.    GROWING E-COMMERCE INDUSTRY AUGMENTING MARKET’S GROWTH

2.2.2.    INCREASED ADOPTION OF IOT DEVICES DURING TRANSPORTATION

2.2.3.    IMPROVEMENTS IN TECHNOLOGIES HELP FLEET MANAGEMENT INDUSTRY

2.3. EVOLUTION AND TRANSITION OF ASSET TRACKING MARKET

2.4. PORTER’S FIVE FORCES ANALYSIS

2.4.1.    THREAT OF NEW ENTRANTS

2.4.2.    THREAT OF SUBSTITUTE

2.4.3.    BARGAINING POWER OF SUPPLIERS

2.4.4.    BARGAINING POWER OF BUYERS

2.4.5.    THREAT OF COMPETITIVE RIVALRY

2.5. KEY IMPACT ANALYSIS

2.5.1.    ACCESSIBILITY

2.5.2.    MOBILITY

2.5.3.    FEATURES

2.5.4.    SCALABILITY

2.5.5.    PRICING

2.5.6.    SUPPORT

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR SCORECARD

2.8. MARKET DRIVERS

2.8.1.    GROWING DEMAND FROM 3PL COMPANIES

2.8.2.    GROWTH IN IOT AND LOGISTICS 4.0

2.9. MARKET RESTRAINTS

2.9.1.    HIGH INITIAL COST OF ASSET TRACKING SOFTWARE

2.10. MARKET OPPORTUNITIES

2.10.1.   GOVERNMENT INITIATIVES IN FAVOUR OF GPS TRACKING

2.10.2.   OPPORTUNITIES FROM AUTOMATED DELIVERY

2.11. MARKET CHALLENGES

2.11.1.    PRIVACY PERTAINING TO CONSUMER’S DATA

2.11.2.    LOW MARKET AWARENESS

2.12. IMPACT OF COVID-19 ON ASSET TRACKING MARKET

3. ASIA-PACIFIC ASSET TRACKING MARKET OUTLOOK - BY TYPE

3.1. HARDWARE

3.1.1.    QR CODE/BARCODE

3.1.2.    RFID (RADIO-FREQUENCY IDENTIFICATION)

3.1.3.    GPS (GLOBAL POSITIONING SYSTEM)

3.1.4.    BLE (BLUETOOTH LOW ENERGY)

3.1.5.    LORAWAN (LONG RANGE WIDE AREA NETWORK)

3.1.6.    CUSTOM HARDWARE

3.2. SOFTWARE

3.2.1.    CLOUD

3.2.2.    ON-PREMISE

3.3. SERVICES

4. ASIA-PACIFIC ASSET TRACKING MARKET OUTLOOK - BY END-USER

4.1. TRANSPORTATION AND LOGISTICS

4.2. HEALTHCARE

4.3. MANUFACTURING

4.4. CONSTRUCTION

4.5. IT & TELECOMMUNICATION

4.6. OIL & GAS

4.7. OTHERS

5. ASIA-PACIFIC ASSET TRACKING MARKET - REGIONAL OUTLOOK

5.1. CHINA

5.2. JAPAN

5.3. INDIA

5.4. SOUTH KOREA

5.5. ASEAN COUNTRIES

5.6. AUSTRALIA & NEW ZEALAND

5.7. REST OF ASIA-PACIFIC

6. COMPETITIVE LANDSCAPE

6.1. ASSET PANDA LLC

6.2. AT&T INC

6.3. AZUGA

6.4. CLOUDHAWK

6.5. FLEET COMPLETE

6.6. GIGATRAK

6.7. HILTI

6.8. ONASSET INTELLIGENCE INC

6.9. ORACLE CORPORATION

6.10. SPIREON INC

6.11. TENNA

6.12. TRIMBLE INC

6.13. UBISENSE GROUP PLC

6.14. VERIZON COMMUNICATIONS INC

6.15. ZEBRA TECHNOLOGIES CORPORATION

7. METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1. ASIA-PACIFIC ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS INDEX

TABLE 3. VENDOR SCORECARD

TABLE 4. ASIA-PACIFIC ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)

TABLE 5. ASIA-PACIFIC ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)

TABLE 6. ASIA-PACIFIC ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)

TABLE 7. ASIA-PACIFIC ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 8. ASIA-PACIFIC ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1. PORTER’S FIVE FORCES ANALYSIS

FIGURE 2. KEY BUYING IMPACT ANALYSIS

FIGURE 3. ASIA-PACIFIC ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)

FIGURE 4. ASIA-PACIFIC ASSET TRACKING MARKET, BY QR CODE/BARCODE, 2019-2028 (IN $ MILLION)

FIGURE 5. ASIA-PACIFIC ASSET TRACKING MARKET, BY RFID (RADIO-FREQUENCY IDENTIFICATION), 2019-2028 (IN $ MILLION)

FIGURE 6. ASIA-PACIFIC ASSET TRACKING MARKET, BY GPS (GLOBAL POSITIONING SYSTEM), 2019-2028 (IN $ MILLION)

FIGURE 7. ASIA-PACIFIC ASSET TRACKING MARKET, BY BLE (BLUETOOTH LOW ENERGY), 2019-2028 (IN $ MILLION)

FIGURE 8. ASIA-PACIFIC ASSET TRACKING MARKET, BY LORAWAN (LONG RANGE WIDE AREA NETWORK), 2019-2028 (IN $ MILLION)

FIGURE 9. ASIA-PACIFIC ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)

FIGURE 10. ASIA-PACIFIC ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)

FIGURE 11. ASIA-PACIFIC ASSET TRACKING MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)

FIGURE 12. ASIA-PACIFIC ASSET TRACKING MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)

FIGURE 13. ASIA-PACIFIC ASSET TRACKING MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)

FIGURE 14. ASIA-PACIFIC ASSET TRACKING MARKET, BY TRANSPORTATION AND LOGISTICS, 2019-2028 (IN $ MILLION)

FIGURE 15. ASIA-PACIFIC ASSET TRACKING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)

FIGURE 16. ASIA-PACIFIC ASSET TRACKING MARKET, BY MANUFACTURING, 2019-2028 (IN $ MILLION)

FIGURE 17. ASIA-PACIFIC ASSET TRACKING MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)

FIGURE 18. ASIA-PACIFIC ASSET TRACKING MARKET, BY IT & TELECOMMUNICATION, 2019-2028 (IN $ MILLION)

FIGURE 19. ASIA-PACIFIC ASSET TRACKING MARKET, BY OIL & GAS, 2019-2028 (IN $ MILLION)

FIGURE 20. ASIA-PACIFIC ASSET TRACKING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 21. ASIA-PACIFIC ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)

FIGURE 22. CHINA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

FIGURE 23. JAPAN ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

FIGURE 24. INDIA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

FIGURE 25. SOUTH KOREA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

FIGURE 26. ASEAN COUNTRIES ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

FIGURE 27. AUSTRALIA & NEW ZEALAND ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

FIGURE 28. REST OF ASIA-PACIFIC ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)

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