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DATE
APR 2021
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HIGHLIGHTS & REPORT INDEX
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$3.5 Billion by the year 2027.
SELECT PLAYERS
ASAP Systems; Brilliant Info Systems Pvt Ltd.; Chekhra Business Solutions; Datalogic SpA; EMS Barcode Solutions LLC; Epicor Software Corporation; GigaTrak; Honeywell International, Inc.; JDA Software Group, Inc.; Jolly Technologies Inc.; Lowry Solutions Inc.; Microsoft Corporation; Oracle Corporation; RedBeam, Inc.; SAP SE; Stanley Black & Decker, Inc.; Tenna, LLC; Trimble, Inc.; TVL Inc. (WiseTrack); Ubisense Group Plc; Wasp Barcode Technologies; Windward Software; Zebra Technologies Corporation
SEGMENTS
» Component (Hardware, Software, Services) » End-Use Industry (Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing, Other End-Use Industries)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027 |
| World Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Banking, Financial Services, and Insurance (BFSI) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Banking, Financial Services, and Insurance (BFSI) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Transportation and Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Transportation and Logistics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Other End-Use Industries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Other End-Use Industries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| USA Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| USA Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| CANADA |
| Canada Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Canada Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| JAPAN |
| Japan Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Japan Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| CHINA |
| China Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| China Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| EUROPE |
| Europe Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027 |
| Europe Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Europe Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| FRANCE |
| France Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| France Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| GERMANY |
| Germany Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Germany Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| ITALY |
| Italy Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Italy Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| UNITED KINGDOM |
| UK Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| UK Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| REST OF EUROPE |
| Rest of Europe Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Rest of Europe Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| ASIA-PACIFIC |
| Asia-Pacific Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Asia-Pacific Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| REST OF WORLD |
| Rest of World Current & Future Analysis for Asset Tracking and Inventory Management Solutions by End-Use Industry - Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Asset Tracking and Inventory Management Solutions by End-Use Industry - Percentage Breakdown of Value Sales for Retail, Banking, Financial Services, and Insurance (BFSI), Transportation and Logistics, Oil & Gas, Manufacturing and Other End-Use Industries for the Years 2020 & 2027 |
| Rest of World Current & Future Analysis for Asset Tracking and Inventory Management Solutions by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Asset Tracking and Inventory Management Solutions by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027 |
| IV. COMPETITION |
| Total Companies Profiled: 38 |
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