Asset Tracking And Inventory Management Solutions Market

Aug 2020| VMR2631A| Verified Market Research

Report Highlights

Asset Tracking and Inventory Management Solutions Market Size And Forecast

Asset Tracking and Inventory Management Solutions Market was valued at USD 12.6 Billion in 2018 and is projected to reach USD 31.8 Billion by 2026, growing at a CAGR of 12.1% from 2019 to 2026.

Global Asset Tracking and Inventory Management Solutions Market Outlook

Increasing demand of asset tracking and inventory management solutions in new offshore fields in deep waters and increasing the demand for maintaining the asset and plant. These factors are expected to fuel the growth of the global asset tracking and inventory management solutions market. Moreover, the rising expansion of various e-commerce industries across the globe is increasing the demand for better management of inventory. On a contrary, the high initial cost associated with the software and complex system of installation of software are likely to hamper the market growth.

Global Asset Tracking and Inventory Management Solutions Market Competitive Landscape

The Global Asset Tracking and Inventory Management Solutions Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Honeywell International Inc., Microsoft, Oracle Corporation, Datalogic S.p.A., Chekhra., Lowry Solutions, EMS Barcode Solutions, LLC, Epicor, JDA Software, and REDBEAM.

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