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Research report explores the tracking as a service market growing at 27.58% CAGR by 2021

IT Market Research

The global Tracking as a service industry to grow at a CAGR of 27.58% during the period 2017-2021.

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The following companies as the key players in the global tracking as a service: Digicore Holdings (Inseego), Trimble, Verizon Enterprise Solutions, and Zebra. Other Prominent Vendors in the market are: AssetTrackr, Asset Panda, AT&T, Ekahau, Geotab, Globalstar, Honeywell, I.D. Systems, iTRACK, LoJack, Maven Systems, MiX Telematics, Motorola Solutions, Ryder System, Sprint, TomTom Telematics, TRACK GROUP, Trackimo, and Trinetra Wireless.

Complete report on the Tracking as a service Market Research Report spread across 66 pages, profiling 23 companies with table of content is now available at…aspx?name=1134855 .

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Tracking as A Service Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

One trend in the market is upsurge in use of mobile technology. Enterprises have been using mobile technologies to manage their supply chains and distribution systems in domestic and international markets.

Mobility in cold chain management systems is seeing innovation in terms of wireless connectivity, advancements in M2M communication systems, application development, and platform integration.

According to the report, one driver in the market is need to improve fleet operator efficiency. Fleet management is a complex operational process in supply chain management.

Fleet managers require holistic IT systems that can help to track shipments and consignments. Tracking-as-a-service solutions enhance the operation of logistics by providing real-time information of vehicles and personnel.

Intelligent fleet management solutions, engineered with advanced technologies (such as concurrent GPS-based telematics and front-end intelligent and web-based management software), are gaining ground in global markets.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Further, the report states that one challenge in the market is limited control given to customers. The ultimate objective of electronic tracking is to gain information on real-time positions of a person or an object.

Electronic tracking services (ETS) require real-time GPS/GSM tracking. Certain service providers are using GPS tracking technologies to collect real-time data through cloud-based platforms wherein cloud infrastructure is monitored, managed, and owned by the service provider.

Customers that use such services need not worry about managing complex processes and backend infrastructure in the cloud.

This report covers the present scenario and the growth prospects of the global tracking as a service market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Tracking-as-a-service platforms are cloud-based IT solutions that are used in the supply chain and logistics systems to track inventories, assets, and vehicles. Tracking as a service platform solution is implemented by enterprises for remote monitoring purpose.

Cloud-based tracking systems have gained popularity as the data can be transmitted more quickly in a cloud-based ICT infrastructure.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                       

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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