Global Tracking-as-a-Service Market Report and Forecast 2025-2034

Key Trends in the Market

Tracking-as-a-service refers to a cloud-based technology that is used by logistic and supply chain industries for managing and tracking assets, vehicles, and inventories. These services offer improved operational efficiency, real-time monitoring, and data driven insights to different sectors and empowers enterprises to optimise resource utilisation.

• Increasing investments in the logistics sector and vehicle tracking and asset management owing to the expansion of the e-commerce sector is aiding the tracking-as-a-service market growth. Such investments are increasing as these services allow the businesses to boost brand visibility and enhance delivery operations.

• The evolution of 5G technology is providing lucrative growth opportunities to the market as they allow the amplification of connectivity reliability, reduce latency, and elevate speed for transfer of data, among others, bolstering the functionality of tracking systems.

• The rising adoption by healthcare and agriculture sectors are aiding the market expansion. In agriculture, the services allow farmers and agriculturists to monitor the crops and optimise resource utilisation. In healthcare, the services are used for tracking assets and monitoring patients.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Global Tracking-as-a-Service Market Analysis

Market Share by Asset Type

Manufacturing assets are expected to account for a significant tracking-as-a-service market share over the forecast period. This growth can be attributed to the rising requirement for optimisation of resource allocation, streamlining of supply chain operations, and minimisation of downtime through predictive maintenance from the manufacturing sector. The utilisation of tracking services and technologies allows manufacturers to ensure product quality and enhance data driven decision making.

Market Share by Region

North America accounts for a significant share of the market owing to the strong presence of major market players including Honeywell International Inc. and AT&T Inc., among others. The presence of technologically advanced infrastructure across North America is also supporting the market expansion in the region. The rising requirement for data analysis and real time tracking is further bolstering the tracking-as-a-service market demand.

Competitive Landscape

Other tracking-as-a-service market key players include Zebra Technologies Corporation, EZ Web Enterprise, Inc., Geotab Inc., Spider Tracks Ltd., Sortly Inc., JDM Technology Group (MicroMain Corp.), and Dentsu International, among others.