Tracking as a Service Market Size & Revenue Analysis | Geotab Inc., PCCW Solutions, Trimble Inc.

Market Overview:
The Tracking as a Service Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.

Tracking-as-a-service is a platform or cloud-based system used to track goods, vehicles, and assets in the supply chain and logistics industries. The platform is utilized by businesses in the retail and manufacturing industries, where goods are delivered on a regular basis and a tracking system is required for remote monitoring. Because data can be delivered rapidly via a cloud-based ICT infrastructure, cloud-based tracking systems are gaining popularity. Organizations require tracking-as-a-service capabilities for routing duties from person to person, whereas business process tracking software provides comprehensive process lifecycle features such as process modelling, monitoring, and simulation. Mobile support, reporting and logging, interaction with existing systems and legacy software, analytics, business process optimization, scalability, data gathering, data management, process mapping, and real-time monitoring are all features of tracking-as-a-service. Tracking as a service allows you to view the shopping carts of thousands of customers.

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Market Dynamics:
Driver:
Certain aspects driving the market include the increasing use of mobile technology, the growing demand to increase fleet operator efficiency, the emergence of eye tracking technologies, and the use of electronic monitoring systems for monitoring reasons. Another important element driving market expansion is the increasing adoption of the Internet of Things (IoT). Smart connected gadgets enable real-time tracking of cargo shipping. In addition, governments around the world are demanding GPS tracking in all new vehicles in order to preserve driver safety. Cloud-based vehicle tracking solutions increase fleet operator efficiencies while lowering expenses.

Opportunities:
The rapid adoption of internet-of-things-based applications in healthcare, retail, manufacturing, and other industries is creating lucrative growth opportunities for the tracking-as-a-service market. Furthermore, increased government regulations to increase GPS tracking across vehicles is critical for the tracking-as-a-service market opportunity.

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Market Segmentation
By Service
• Platform-As-A-Service
• Software-As-A-Service
By Type
• Cloud
• On-Premise
• By Location of Use
• Indoor
• Outdoor
By End-Users
• BFSI
• IT & Telecommunication
• Retail
• Healthcare
• Others

Regional Analysis In The Tracking as a Service Market
North America is expected to have the maximum market share in Tracking as a Service owing to growing digital and smart infrastructure in the transportation, manufacturing, retail, and healthcare sectors in this region. The adoption of advanced technology such as warehouse robots or delivery robots is increasing among the various organizations in this region. The US and Canada are the dominating countries in the tracking as a service market in this region. In this region, the highest number of tracking-as-a-service providers is present which contains AT&T, Motorola Solution, and Honeywell International Inc. Europe and Asia Pacific have significant growth in the tracking-as-a-service market owing to a surge in automation in the retail business. The government of this region focused on the implementation of their initiatives to install GPS tracking systems in a novel vehicle and rising the utilization to keep track of portable devices that help to increase the market of this region.
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

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Top Key Players Covered In Tracking as a Service Market
• AT&T Inc.
• Datalogic S.p.A. (Hydra S.p.A.)
• Geotab Inc.
• Honeywell International Inc.
• Mojix Inc.
• Motorola Solutions Inc.
• PCCW Solutions
• Spider Tracks Limited
• Topcon Corporation
• Trimble Inc.
• Verizon Communications Inc.
• WABCO Digital Solutions
• Zebra Technologies Corp., and other major players.

Key Industry Development In The Tracking as a Service Market
In September 2020, PCT established expandable asset tracking devices on the Geotab Marketplace. An extensive ecosystem of valuable, business-focused applications and add-ons offered by Geotab through Geotab Marketplace helps offers provide businesses with the tools needed to better manage their fleets. With the addition of Phillips Connect Technologies to the Geotab Marketplace, Geotab customers can access a suite of solutions that help to maximize driver time through enhanced asset visibility and utilization.

Table Of Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Location Of Use
 3.3 By End-User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing
Continue.

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