MARKET OUTLOOK
This report estimated that the European asset tracking market would register growth at a compound annual growth rate of 12.53% during 2019-2028. Italy, Spain, Germany, Russia, the United Kingdom, France, and Rest of Europe form the market in this region.Europe is known as one of the technology hubs globally, majorly driving the implementation of modern technology. In the region, numerous countries are adopting new technologies for mobility, owing to the concerns relating to cost and compliance. The technological advancements, such as IoT, AI, and cloud services, have augmented the adoption of mobile devices on a large scale. Along with this, the advancements in the automotive industry has increased the deployment of asset tracking solutions. This adoption of asset tracking solutions has significantly fueled the transportation and logistics industry. Hence, the growth in various industries, along with technological advancements, are factors that open multiple avenues for the studied market in the European region.
In Spain, logistics activities are termed an important aspect of every enterprise’s business functions. Moreover, its geostrategic position and the current and future competitions are compelling the country to opt for manufacturing and delivering services with greater added value. The logistics play a key role in such processes. Although, the country’s logistics activities are relatively smaller compared to other countries, with small enterprises with limited investment capacities. Nevertheless, the logistics sector is expected to showcase growth trends in the next few years, increasing the demand for asset management of products in the country. Such trends are likely to generate multiple growth opportunities for Spain’s asset tracking market in the upcoming years.
COMPETITIVE OUTLOOK
The key enterprises in this market consist of Tenna, OnAsset Intelligence Inc, Spireon Inc, Trimble Inc, Ubisense Group PLC, Fleet Complete, and GigaTrak.
Table of Contents
1. Europe Asset Tracking Market - Summary
2. Industry Outlook
3. Europe Asset Tracking Market Outlook - by Type
4. Europe Asset Tracking Market Outlook - by End-User
5. Europe Asset Tracking Market - Regional Outlook
6. Competitive Landscape
7. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Asset Panda LLC
- AT&T Inc
- Azuga
- Cloudhawk
- Fleet Complete
- Gigatrak
- Hilti
- Onasset Intelligence Inc
- Oracle Corporation
- Spireon Inc
- Tenna
- Trimble Inc
- Ubisense Group plc
- Verizon Communications Inc
- Zebra Technologies Corporation
Methodology
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