Technology & Telecommunications · Indirect
Monitoring · monthlyProcurement Category Intelligence
Asset Tracking Software
Overview
Market size
$6.0B
global, USD
CAGR
9.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
24
tracked players
Signals
12
monitored
Market outlook
2031$9.3B
What changed
Demand by region
North America demand42%
Europe demand28%
Asia Pacific demand18%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Software Development & Engineering Labor40%
Cloud Infrastructure & Hosting25%
Implementation, Integration & Support15%
Sales & Marketing12%
Security & Compliance Audits8%
share of delivered cost (analyst estimate)