“Data Bridge Market
Research” has recently added a concise research on the Asset
Tracking and Inventory Management Solutions Market to depict valuable
insights related to significant market trends driving the industry. The report
features analysis based on key opportunities and challenges confronted by
market leaders while highlighting their competitive setting and corporate
strategies for the estimated timeline. Some are the key & emerging players
that are part of coverage and have being profiled are Microsoft, Datalogic
S.p.A., Chekhra., EMS Barcode Solutions, LLC, Epicor, Honeywell International
Inc., JDA Software, Lowry Solutions, Oracle Corporation, REDBEAM, SAP SE,
Stanley Black & Decker, Inc., ZIH Corp., Windward Software, Jolly
Technologies Inc., Wasp Barcode Technologies, Ubisense Limited, WiseTrack,
Trimble Inc and Tipper Group
The Global Asset Tracking and Inventory Management Solutions
Market is expected to reach USD 31.9 billion by 2025 from USD 11.8 billion in
2017 and is projected to grow at a CAGR of 12.7 % in the forecast period of
2018 to 2025
Find the comprehensive
Asset Tracking and Inventory Management Solutions Market research report here
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Market Segmentation: Global
Asset Tracking and Inventory Management Solutions Market
·
The market is based on service, industry and
geographical segments.
·
Based on component, the market is segmented into
hardware and services. Hardware is sub segmented into RFID readers, real-time
location system (RTLS), barcode scanners, barcode printers, barcode stickers,
RFID tags, and global Positioning System (GPS). Software is sub segmented into
on premise and cloud-based. Services are sub segmented into consulting &
training, implementation & integration, operation & maintenance.
·
Based on industry, the market is segmented into
retail, BFSI, IT& telecom, healthcare, hospitality, transportation and
logistics, chemical, energy & utilities, oil & gas, manufacturing,
education, government and others.
·
Based on application, the market is segmented
into IT asset tracking, equipment tracking, facility management, tool tracking,
funding management, mandate compliance, warehouse management and others.
·
Based on geography, the market report covers
data points for 28 countries across multiple geographies such as North America,
South America, Europe, Asia-Pacific and Middle East & Africa.
Competitive Analysis:
Global Asset Tracking and Inventory Management Solutions Market
The global asset
tracking and inventory management solutions
market is fragmented and the major players have used various strategies
such as new product launches, expansions, agreements, joint ventures,
partnerships, acquisitions, and others to increase their footprints in this
market in order to sustain in long run. The report includes market shares of
asset tracking and inventory management solutions market for global, Europe,
North America, Asia Pacific and South America
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Market Drivers and
Restraints:
·
Demand of asset tracking and inventory
management solutions in new offshore
fields in deep waters
·
Declining efficiencies of aging assets and the
need for operational safety
·
Decrease in oil and gas prices
·
Increasing the demand for maintaining the asset
and plant.
·
Stringent government safety regulations and
quality control requirements
·
Climatic changes affecting the operations of
various industries
·
High initial cost and complex process of system
installation
Key Questions
Answered in DBMR’s Market Report
•
Which regions will continue to remain the most
profitable markets for market players?
•
Which factors will induce a change in the demand
for market during the assessment period?
•
How will changing trends impact the market?
•
How can market players capture the low-hanging
opportunities in the market in developed regions?
•
Which companies are leading the market?
•
What are the winning strategies of stakeholders
in the market to upscale their position in this landscape?
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