03-Feb-2021 | Zion Market Research
As per Zion Market Research, the global asset tracking and inventory management solutions market is projected to witness growth with a CAGR of about 13.8% during the forecasted period 2019–2025. The market is anticipated to reach USD 39.5 billion over estimated time. The asset tracking inventory management solutions aids in managing the data such as personnel assignments, item quantities, and maintenance needs. The asset tracking monitoring systems are employed for monitoring the account of physical possessions. It is also utilized for the addition of RFID, barcode, and GPS technologies. The asset tracking system includes of software that functions on mobile and computer devices. It is also utilized for communications purposes.
Some of the key players in the market are Trimble Inc., Tenna, LLC, JDA Software, Chekhra Business Solutions, EMS Barcode Solutions, LLC, ASAP Systems, Datalogic S.P.A., Lowry solutions Inc., GigaTrak, Epicor Software Corporation, Oracle Corporation, Honeywell International Inc., Stanley Black & Decker, Inc., Microsoft Corporation, SAP SE, RedBeam, Inc., Zebra Technologies Corporation, Wasp Barcode Technologies, Inc., Ubisense Group PLC, TVL, Inc. (WiseTrack), Brilliant Info Systems Pvt. Ltd., Jolly Technologies, and Windward Software.
Expansion Of Various Industries & High Acceptance Of Asset Tracking And Inventory Management Solutions To Stimulate The Global Market
The augmenting demand for the management software solution from several industries globally is likely to boost the asset tracking and inventory management solutions market in the forecasted period. Furthermore, the asset tracking and inventory management solutions give higher returns on the investment and also decrease the general time linked with misplaced inventory and assets. There is also a higher demand for asset tracking and inventory management from small & medium scale industries, which is a chief growth aspect for the global market. The surging expansion of various e-commerce industries globally is augmenting the demand for better management of inventory.
The global asset tracking and inventory management solutions market is bifurcated on the basis of component, application, industry, and regional analysis. Based on the component, the market is divided into hardware, software, and services. The hardware segment is subdivided into barcode printers, barcode scanners, RFID tags, barcode stickers, and GPS (global positioning system). The software segment is subdivided into on-premise and cloud-based. The services segment is subdivided into operation & maintenance, implementation & integration, and consulting & training. Based on the application, the market is divided into IT asset tracking, facility management, funding management, equipment tracking, tool tracking, mandate compliance, warehouse management, and others. Based on the industry, the market is divided into retail, BFSI, healthcare, transportation & logistics, IT & telecom, energy & utilities, hospitality, chemical, manufacturing, education, oil & gas, and government.
The Asia-Pacific Region Projected To Rule The Global Asset Tracking And Inventory Management Solutions Market
Based on geographical analysis, the global asset tracking and inventory management solutions market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The Asia-Pacific region is anticipated to dominate the global market over forecasted time. Various developing industries in the region due to rapid industrialization is expected to be a key reason for the surging demand for asset tracking and inventory management solutions.
Browse the full “Asset Tracking And Inventory Management Solutions Market - By Component (Hardware, Software, And Services), By Application (IT Asset Tracking, Facility Management, Funding Management, Equipment Tracking, Tool Tracking, Mandate Compliance, Warehouse Management, And Others), By Industry (Retail, BFSI, Healthcare, Transportation & Logistics, IT & Telecom, Energy & Utilities, Hospitality, Chemical, Manufacturing, Education, Oil & Gas, And Government), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/asset-tracking-inventory-management-solutions-market
The global asset tracking and inventory management solutions market is segmented as follows:
By component:
By application:
By industry:
By region:
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed