What is the current Consumer Asset Tracking Market size?

The Consumer Asset Tracking Market is projected to register a CAGR of 14.03% during the forecast period (2024-2029) Read More

Who are the key players in Consumer Asset Tracking Market?

Viasat Group, Harman, Smartcom Mobility Solutions, Apple Inc. and Vodafone Group are the major companies operating in the Consumer Asset Tracking Market. Read More

Which is the fastest growing region in Consumer Asset Tracking Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Consumer Asset Tracking Market?

In 2024, the Asia Pacific accounts for the largest market share in Consumer Asset Tracking Market. Read More

What years does this Consumer Asset Tracking Market cover?

The report covers the Consumer Asset Tracking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Consumer Asset Tracking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Consumer Asset Tracking Market Size & Share Analysis - Industry Research Report

Consumer Asset Tracking Market Size & Share Analysis- Growth Trends & Forecast (2024-2029)

The Consumer Asset Tracking Market is Segmented by Asset Type (Family and Child Tracking, Pet Tracking, Vehicle Tracking, and Other Asset Tracking), Family and Child Tracking (Family Tracking and Child Tracking), Vehicle Tracking (Passenger Vehicle Tracking, and Commercial Vehicle Tracking), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Consumer Asset Tracking Industry Overview

The consumer asset tracking market is characterized by a multitude of both domestic and international players operating within a highly fragmented and fiercely competitive landscape. Prominent market leaders include Apple Inc., Vodafone Group, Viasat Group, Harman, and Smartcom Mobility Solutions, among others. Technological advancements have become instrumental in providing a substantial competitive edge to these companies while also fostering numerous collaborative partnerships within the market.

In April 2023, Digital Matter introduced a groundbreaking innovation in the form of the longest-lasting battery-powered Internet of Things (IoT) asset tracker. The Remora3, equipped with "second-by-second" tracking capabilities, has set new industry standards. Its aggressive tracking performance surpasses all existing battery-powered devices, opening up unprecedented possibilities for IoT asset-tracking applications that were previously achievable only through wired solutions.

In May 2023, BeWhere, a forward-looking startup specializing in the mobile Internet of Things (M-IoT), unveiled its latest asset trackers: the BeSol+ and BeTen+. An evolution of the company's highly regarded BeSol, the BeSol+ now boasts an industry-leading 5-minute live reporting frequency, even without an external power source. This remarkable achievement is made possible through the incorporation of innovative features, including solar recharging, Low-Power 5G and 2G communications, GPS, GLONASS, GNSS, Wi-Fi, BLE indoor and outdoor location technologies, a robust 7-amp rechargeable battery, and a larger solar panel.