Global Mobile Tracking Solution Market
Share, Global Trends,
Analysis, Research, Report,
Segmentation and Forecast,
2015 – 2025
Future Market Insights
Global Mobile Tracking Solution Market: Overview
Mobile tracking solution enables user to get real time update on the position of mobile assets.
GPS devices and RFID tags when attached with equipment and assets ensure efficient mobile
tracking. Handheld scanners and mobile phones can also be used to track mobile assets. Mobile
traction solution find their application in medical asset tracking, mobile industrial generator
tracking, construction assets tracking, military assets tracking, wild-life and conservation, and
shipping & container tracking etc.
Global Mobile Tracking Solution Market: Segmentation
Global mobile tracking solution market can be segmented into technology, vertical, and region.
On the basis of technology the market is segmented into RFID tags, GPS and other technology.
Vertical includes various segments such as public sector, healthcare sector, banking financial
services and insurance (BFSI) sector, transport and logistics sector, retail sector, commercial
sector, industrial sector, energy & utility sector, manufacturing sector and other sector. Region
wise the global mobile tracking SOLUTION market is segmented into North America, Latin
America, Western Europe, Eastern Europe, Japan, Asia Pacific (APEJ), and Middle East and Africa
Global Mobile Tracking Solution Market: Drivers
Proliferation of connected devices and sensor technology across the verticals, reduction in
search time for misplaced and lost assets. Additionally, mobile tracking solution easy access to
asset depreciation and cost data for accounting purposes, and improved customer service are
some of the major factors that are expected to drive the growth of mobile tracking solution
market across the globe.
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Global Mobile Tracking Solution Market: Restraint
Some of the restraints which are hindering the growth of global mobile tracking market to some
extent are lack of connectivity infrastructure in developing regions and high cost of the mobile
Global Mobile Tracking Solution Market: Region-wise Outlook
The global mobile tracking solution market is projected to show a considerable growth in CAGR
from 2015 to 2025. FMI forecasts, emerging economies such as Asia Pacific, Latin America and
Middle East & Africa, are expected to create new business opportunities for the mobile tracking
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Global Mobile Tracking Solution Market: Competitive Landscape
Key players in the global mobile tracking solution market focus on product innovation and
introduction of new enhance solution in order to outperform competitors. Furthermore,
acquisition and merger is another major strategy followed by major players in the global mobile
tracking solution market. For example, ORBCOMM Inc. completed the acquisition of SkyWave
Mobile Communications (SkyWave) in 2015
Global Mobile Tracking Solution Market: Key Players
Some of the major players identified in the global mobile tracking solution market are Wasp
Barcode Technologies., Mobile Asset Solutions., Barcodes, Inc., Wavetrend Ltd., ORBCOMM Inc.,
Verizon, Spireon, Inc., NFC Group, Vix Technology, and Libelium Comunicaciones Distribuidas S.L.
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