Asset Tracking and Inventory Management Solutions

Global Market Trajectory & Analytics

MCP16158

EXECUTIVE ENGAGEMENTS

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DATE

APR 2021

TABLES

76

144

EDITION

8

PRICE

USD $4950

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Asset Tracking and Inventory Management Solutions estimated at US$13.3 Billion in the year 2020, is projected to reach a revised size of US$30 Billion by 2027, growing at a CAGR of 12.3% over the analysis period 2020-2027. Retail, one of the segments analyzed in the report, is projected to record a 14% CAGR and reach US$6.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Banking, Financial Services, and Insurance (BFSI) segment is readjusted to a revised 11% CAGR for the next 7-year period.

The Asset Tracking and Inventory Management Solutions market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2027 trailing a CAGR of 11.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.7% and 10.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR.

In the global Transportation and Logistics segment, USA, Canada, Japan, China and Europe will drive the 11.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.1 Billion in the year 2020 will reach a projected size of US$4.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.5 Billion by the year 2027.

SELECT PLAYERS

ASAP Systems; Brilliant Info Systems Pvt Ltd.; Chekhra Business Solutions; Datalogic SpA; EMS Barcode Solutions LLC; Epicor Software Corporation; GigaTrak; Honeywell International, Inc.; JDA Software Group, Inc.; Jolly Technologies Inc.; Lowry Solutions Inc.; Microsoft Corporation; Oracle Corporation; RedBeam, Inc.; SAP SE; Stanley Black & Decker, Inc.; Tenna, LLC; Trimble, Inc.; TVL Inc. (WiseTrack); Ubisense Group Plc; Wasp Barcode Technologies; Windward Software; Zebra Technologies Corporation

SEGMENTS

» Component (Hardware, Software, Services) » End-Use Industry (Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing, Other End-Use Industries)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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