Asset Tracking with IoT: On The Ground and From Satellite
Asset tracking is an increasingly crucial part of business across industries – ensuring the safety and security of assets as well as generating data that can be used to assess operations and inform business decisions.
From cargo travelling across continents, to people moving within large work sites, to wildlife roaming their habitat, asset tracking takes a wide variety of forms. All of these supported by IoT, both on the ground and increasingly from space.
What assets do you track now, or plan to in the next 24 months?
Source: Beecham Research Q2 2024 survey of senior business leaders deploying asset tracking
The size of the overall asset tracking market is substantial, comprising around 24% of the total IoT market value in 2023.
While revenue growth of nearly 13% per annum is expected in the period 2023-30, the number of active installed IoT asset tracking devices is expected to grow faster, at 17.6% per annum.
Growth rate for the 2023-2030
Gain insights from industry experts as we discuss the following topics:
- What drives your clients towards Asset Tracking solutions?
- What are the top challenges being solved with Asset Tracking solutions?
- What particular application areas are in high demand for Asset Tracking solutions?
- What ROI can be expected from Asset Tracking systems?
- How do you expect the need for asset tracking in your business to change over the next 24 months?
- How important is it to bring together different types of short range and long-range connectivity for the tracking of your assets?
- What are the most common technologies used with Asset Tracking solutions?
- To what extent is asset tracking used locally, regionally and globally?
- With the need for satellite use becoming more essential, what cost level compared with cellular must satellite technology reach to consider using it in high volume?
. . . and many more
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About Beecham Research
Beecham Research is a leading technology market research, analysis and consulting firm established in 1991. We have specialized in the development of the rapidly-growing Connected Devices market, often referred to as M2M and IoT, worldwide since 2001.
We are internationally recognised as thought leaders in this market and have deep knowledge of the market dynamics at every level in the value chain.
Our clients include component and hardware vendors, major network/connectivity suppliers, system integrators, application developers, distributors and enterprise users in both B2B and B2C markets. We are experts in M2M/IoT services and platforms and also in IoT solution security, where we have extensive technical knowledge.