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(IT-NEWSWIRE.COM, February 13, 2018 ) Tracking-as-a-service platforms are cloud-based IT solutions that are used in the supply chain and logistics systems to track inventories, assets, and vehicles. Tracking as a service platform solution is implemented by enterprises for remote monitoring purpose. Cloud-based tracking systems have gained popularity as the data can be transmitted more quickly in a cloud-based ICT infrastructure.
Publisher's analysts forecast the global tracking as a service to grow at a CAGR of 27.58% during the period 2017-2021.
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One of the key factors that will stimulate the growth of the market till 2021 is the increasing adoption of Internet of things (IoT). Smart connected devices help to track shipments of goods in real time. IoT is gaining popularity in various sectors including manufacturing, healthcare, banking, financial services, and insurance (BFSI), and transportation. IoT highly relies on various technologies such as RFID, sensors, barcodes, and GPS to efficiently monitor and manage the physical assets in the transportation and logistics sectors. The integration of communication systems such as 4G, WiMAX, and GPS with IoT applications will enhance the navigation features of ships.
Key vendors - Digicore Holdings (Inseego) - Trimble - Verizon Enterprise Solutions - Zebra
Other prominent vendors - AssetTrackr - Asset Panda - AT&T - Ekahau - Geotab - Globalstar - Honeywell - I.D. Systems - iTRACK
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Market driver - Need to improve fleet operator efficiency
Market challenge - Limited control given to customers
Market trend - Upsurge in use of mobile technology
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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Source: EmailWire.Com
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