Tracking as a Service Market Size, Share, and Trends 2024 to 2034

The global tracking as a service market size is evaluated at USD 9.96 billion in 2025 and is forecasted to hit around USD 41.55 billion by 2034, growing at a CAGR of 17.20% from 2025 to 2034. The North America market size was accounted at USD 2.89 billion in 2024 and is expanding at a CAGR of 17.36% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : May 2025
  • Report Code : 6026
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Tracking as a Service Market

5.1. COVID-19 Landscape: Tracking as a Service Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Tracking as a Service Market, By Component

8.1. Tracking as a Service Market, by Component

8.1.1. Services

8.1.1.1. Market Revenue and Forecast

8.1.2. Software

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Tracking as a Service Market, By Enterprise Size

9.1. Tracking as a Service Market, by Enterprise Size

9.1.1. Small & Medium Enterprises

9.1.1.1. Market Revenue and Forecast

9.1.2. Large Enterprises

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Tracking as a Service Market, By Asset Type 

10.1. Tracking as a Service Market, by Asset Type

10.1.1. Manufacturing Assets

10.1.1.1. Market Revenue and Forecast

10.1.2. In-transit Equipmentng

10.1.2.1. Market Revenue and Forecast

10.1.3. Electronics & IT Assets

10.1.3.1. Market Revenue and Forecast

10.1.4. Others

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Tracking as a Service Market, By Industry

11.1. Tracking as a Service Market, by Industry

11.1.1. Transportation & Logistic

11.1.1.1. Market Revenue and Forecast

11.1.2. Retail

11.1.2.1. Market Revenue and Forecast

11.1.3. Manufacturing

11.1.3.1. Market Revenue and Forecast

11.1.4. IT & Telecom

11.1.4.1. Market Revenue and Forecast

11.1.5. Healthcare

11.1.5.1. Market Revenue and Forecast

11.1.5. Food & Beverage

11.1.5.1. Market Revenue and Forecast

11.1.5. Others

11.1.5.1. Market Revenue and Forecast

Chapter 12. Global Tracking as a Service Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Component

12.1.2. Market Revenue and Forecast, by Enterprise Size

12.1.3. Market Revenue and Forecast, by Asset Type

12.1.4. Market Revenue and Forecast, by Industry

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Component

12.1.5.2. Market Revenue and Forecast, by Enterprise Size

12.1.5.3. Market Revenue and Forecast, by Asset Type

12.1.5.4. Market Revenue and Forecast, by Industry

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Component

12.1.6.2. Market Revenue and Forecast, by Enterprise Size

12.1.6.3. Market Revenue and Forecast, by Asset Type

12.1.6.4. Market Revenue and Forecast, by Industry

12.2. Europe

12.2.1. Market Revenue and Forecast, by Component

12.2.2. Market Revenue and Forecast, by Enterprise Size

12.2.3. Market Revenue and Forecast, by Asset Type

12.2.4. Market Revenue and Forecast, by Industry

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Component

12.2.5.2. Market Revenue and Forecast, by Enterprise Size

12.2.5.3. Market Revenue and Forecast, by Asset Type

12.2.5.4. Market Revenue and Forecast, by Industry

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Component

12.2.6.2. Market Revenue and Forecast, by Enterprise Size

12.2.6.3. Market Revenue and Forecast, by Asset Type

12.2.6.4. Market Revenue and Forecast, by Industry

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Component

12.2.7.2. Market Revenue and Forecast, by Enterprise Size

12.2.7.3. Market Revenue and Forecast, by Asset Type

12.2.7.4. Market Revenue and Forecast, by Industry

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Component

12.2.8.2. Market Revenue and Forecast, by Enterprise Size

12.2.8.3. Market Revenue and Forecast, by Asset Type

12.2.8.4. Market Revenue and Forecast, by Industry

12.3. APAC

12.3.1. Market Revenue and Forecast, by Component

12.3.2. Market Revenue and Forecast, by Enterprise Size

12.3.3. Market Revenue and Forecast, by Asset Type

12.3.4. Market Revenue and Forecast, by Industry

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Component

12.3.5.2. Market Revenue and Forecast, by Enterprise Size

12.3.5.3. Market Revenue and Forecast, by Asset Type

12.3.5.4. Market Revenue and Forecast, by Industry

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Component

12.3.6.2. Market Revenue and Forecast, by Enterprise Size

12.3.6.3. Market Revenue and Forecast, by Asset Type

12.3.6.4. Market Revenue and Forecast, by Industry

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Component

12.3.7.2. Market Revenue and Forecast, by Enterprise Size

12.3.7.3. Market Revenue and Forecast, by Asset Type

12.3.7.4. Market Revenue and Forecast, by Industry

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Component

12.3.8.2. Market Revenue and Forecast, by Enterprise Size

12.3.8.3. Market Revenue and Forecast, by Asset Type

12.3.8.4. Market Revenue and Forecast, by Industry

12.4. MEA

12.4.1. Market Revenue and Forecast, by Component

12.4.2. Market Revenue and Forecast, by Enterprise Size

12.4.3. Market Revenue and Forecast, by Asset Type

12.4.4. Market Revenue and Forecast, by Industry

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Component

12.4.5.2. Market Revenue and Forecast, by Enterprise Size

12.4.5.3. Market Revenue and Forecast, by Asset Type

12.4.5.4. Market Revenue and Forecast, by Industry

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Component

12.4.6.2. Market Revenue and Forecast, by Enterprise Size

12.4.6.3. Market Revenue and Forecast, by Asset Type

12.4.6.4. Market Revenue and Forecast, by Industry

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Component

12.4.7.2. Market Revenue and Forecast, by Enterprise Size

12.4.7.3. Market Revenue and Forecast, by Asset Type

12.4.7.4. Market Revenue and Forecast, by Industry

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Component

12.4.8.2. Market Revenue and Forecast, by Enterprise Size

12.4.8.3. Market Revenue and Forecast, by Asset Type

12.4.8.4. Market Revenue and Forecast, by Industry

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Component

12.5.2. Market Revenue and Forecast, by Enterprise Size

12.5.3. Market Revenue and Forecast, by Asset Type

12.5.4. Market Revenue and Forecast, by Industry

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Component

12.5.5.2. Market Revenue and Forecast, by Enterprise Size

12.5.5.3. Market Revenue and Forecast, by Asset Type

12.5.5.4. Market Revenue and Forecast, by Industry

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Component

12.5.6.2. Market Revenue and Forecast, by Enterprise Size

12.5.6.3. Market Revenue and Forecast, by Asset Type

12.5.6.4. Market Revenue and Forecast, by Industry

Chapter 13. Company Profiles

13.1. Trimble Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Sortly

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Rockwell Automation

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. PCCW Solutions

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Mojix

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Midmark Co.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. MicroMain

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Infor

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Finale Inventory

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. EZO

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global tracking as a service market size is expected to grow from USD 8.50 billion in 2024 to USD 41.55 billion by 2034.

The tracking as a service market is anticipated to grow at a CAGR of 17.20% between 2025 and 2034.

The major players operating in the tracking as a service market are Trimble Inc., Sortly, Rockwell Automation, PCCW Solutions, Mojix, Midmark Co., MicroMain, Infor, Finale Inventory, EZO, and Others.

The driving factors of the tracking as a service market are the increasing demand for real-time tracking solutions across industries, driven by the need for improved operational efficiency, cost reduction, and enhanced supply chain visibility.

North America region will lead the global tracking as a service market during the forecast period 2025 to 2034.

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