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Tracking-as-a-Service Market 2016 to Grow at a CAGR of 25.78% During the Period to 2020

Tracking-as-a-Service Market 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 04/27/2016 -- About Tracking-as-a-Service

Economic and cultural globalization has resulted in the rapid movement of ideas, commerce, people, and assets worldwide. As a result, businesses and people have come to require real-time tracking technology to monitor the movement of people, property, and assets in order to conduct their business safely and efficiently. GPS-enabled tracking devices are used in fleet management, asset and vehicle tracking, worker safety management, and logistics for commercial transactions.

Global tracking-as-a-service market to grow at a CAGR of 25.78% during the period 2016-2020.

Vehicle tracking technologies enable the persistent visibility of fleets of delivery vehicles, in addition to helping locate stolen or misplaced vehicles. Workers in high-risk environments require a GPS-enabled tracking device to continuously track their location in real time. GPS-enabled devices are also used to monitor offenders electronically. Analytics services can be used to anticipate the likelihood of offendors committing crimes based on their location and case history. The per day rate of such surveillance is high and this has raised the cost of monitoring and rehabilitation. So, most electronic monitoring devices are leased to customers on a per day basis.

Tracking services through PaaS include a package of services, such as basic tracking device functionalities and add-ons such as monitoring or analytics services. Tracking services based on SaaS are available for fuel management, maintenance planning, route optimization, location data, and analytics.

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Covered in this report

The report covers the present scenario and the growth prospects of the global tracking as a service for 2016-2020. To calculate the market size, the report considers the revenue generated from cloud-based tracking services such as PaaS and SaaS.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Global Tracking-as-a-Service Market 2016-2020, 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.

Key vendors
- DigiCore Holdings
- Trimble Navigation
- Verizon Enterprise Solutions
- Zebra Technologies.

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Other prominent vendors
- AT&T
- Blackline GPS
- Ekahau
- Fleetmatics
- Geotab
- Globalstar
- ID Systems
- Location Labs
- LoJack
- Masternaut UK
- Maven Systems
- Mix Telematics
- Motorola Solutions
- Navizon
- Omnilink Systems
- Pointer Telocation
- Quuppa
- Ryder System
- SensorLogic
- SoloProtect UK
- Sprint
- Telogis
- TomTom International
- Track Group
- Trinetra

Market driver
- Need to improve fleet operators' efficiency
- For a full, detailed list, view our report

Market challenge
- Privacy concerns about electronic monitoring
- For a full, detailed list, view our report

Market trend
- Shift from CAPEX to OPEX business model
- For a full, detailed list, view our report