Asset Tracking Report
: Analysis on the Market, Trends, and TechnologiesThe asset tracking industry is a significant and mature market with a strong correlation to logistics, indicating a broader ecosystem of interconnected technologies and practices. With over 2.1K companies and a workforce of 72K individuals, the sector has generated $11.3 billion in total revenue, demonstrating its substantial impact on the business community. Growth trends show a 43.15% increase in relative share within the industry, a surging market interest, and a 23.48% rise in new company emergence. Investment in this sector is robust, with a total funding of $3.1 billion, indicating substantial financial interest and a promising future for asset tracking innovations.
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Topic Dominance Index of Asset Tracking
To identify the Dominance Index of Asset Tracking in the Trend and Technology ecosystem, we look at 3 different time series: the timeline of published articles, founded companies, and global search. These timelines are normalized and combined to show a comprehensive view of the Asset Tracking evolution relative to all known Trends and Technologies.
Key Activities and Applications
- Efficient monitoring and management of physical assets across industries
- Integration of asset tracking with logistics, supply chain management, and IoT devices
- Barcode technology application for improved operational efficiency and cost savings
- Enhanced security measures through advanced tracking systems
Emergent Trends and Core Insights
- Surge in market interest and relevance for asset tracking solutions
- Positive growth in company emergence and funding within the asset tracking domain
- Interconnectedness of asset tracking with related sectors such as logistics and supply chain management
- Slight decline in annual growth for news coverage, balanced by increased media presence
Technologies and Methodologies
- Use of GPS, machine vision, and smart firmware for digitizing assets
- Application of RFID technology and IoT for precise tracking and data analytics
- Deployment of SaaS platforms for asset management and real-time monitoring
- Leveraging AI and advanced manufacturing for innovative asset tracking solutions
Asset Tracking Funding
A total of 209 Asset Tracking companies have received funding.
Overall, Asset Tracking companies have raised $3.1B.
Companies within the Asset Tracking domain have secured capital from 578 funding rounds.
The chart shows the funding trendline of Asset Tracking companies over the last 5 years
Asset Tracking Companies
The Companies feature is a crucial part of TrendFeedr. It offers in-depth information about 2.1K companies working within Asset Tracking and other trends and technologies. Identify and analyze innovators and key players in relevant industries more easily with this feature.
2.1K Asset Tracking Companies
Discover Asset Tracking Companies, their Funding, Manpower, Revenues, Stages, and much more
Asset Tracking Investors
TrendFeedr’s investors tool offers a detailed view of investment activities that align with specific trends and technologies. This tool features comprehensive data on 210 Asset Tracking investors, funding rounds, and investment trends, providing an overview of market dynamics.
210 Asset Tracking Investors
Discover Asset Tracking Investors, Funding Rounds, Invested Amounts, and Funding Growth
Asset Tracking News
Stay informed and ahead of the curve with TrendFeedr’s News feature, which provides access to 9.2K Asset Tracking articles. The tool is tailored for professionals seeking to understand the historical trajectory and current momentum of changing market trends.
9.2K Asset Tracking News Articles
Discover Latest Asset Tracking Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications
Executive Summary
Asset tracking is a pivotal and growing field within the business landscape, characterized by a surge in funding, market interest, and the emergence of new companies. The sector's integration with logistics and related technologies underscores its critical role in modern business operations. As the industry continues to evolve, it promises further advancements and innovations, solidifying asset tracking as a cornerstone of efficient and secure business practices.
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