Market by Type, End-user, and Country | Forecast 2019-2028
Triton’s research report determined the asset tracking market in the Middle East and Africa to expect growth at a compound annual growth rate of 12.87% through the evaluated years of 2019-2028.
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The countries
considered for analysis in this market are:
• The United Arab Emirates
• Turkey
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa
In the Middle East,
several businesses are implementing ambitious transformation roadmaps to
confirm their relevance in the digital sector. These organizations in various
end-user industries deploy and integrate technological advancements to enable
an efficient transition towards digitalization, facilitating connectivity and
mobility. The strategic partnerships and acquisitions among multiple end-user
sectors are also projected to generate multiple opportunities for the region’s
asset tracking market. For instance, Xirgo Technologies LLC had acquired UAB
Baltic Car Equipment (BCE), based in Lithuania. BCE offers a host of fleet management
solutions such as hardware and software suits for light vehicles, trucks, and
heavy machinery. This could encourage several government authorities and
companies in the region to access and deploy technologies to reduce costs and
increase efficiency in logistics activities. Hence, such partnerships, along
with government initiatives motivating the adoption of asset tracking
solutions, are anticipated to generate growth opportunities for the studied
market in the Middle East.
On the other hand, the
adoption of industry 4.0 in South Africa is relatively low. However, its
adoption is discussed by many industry leaders and policymakers, owing to the
impact that smart technologies could have on the country’s socio-economic
condition. The country’s manufacturing companies display great potential to
adopt specific industry 4.0 applications, developing unique high-tech products
and overtaking global competitors in the future. Such growth trends in industry
4.0 are expected to augment the demand for asset tracking solutions, thereby
fueling South Africa’s asset tracking market’s evolution.
Oracle Corporation is
involved in delivering products and services in the field of information
technology. It functions through its various business segments, such as cloud and
on-premise software, hardware, and services. The company serves numerous
end-user industries, including manufacturing, automotive, construction, and the
public sector. Its asset management provides the planning, tracking, and
execution of assets. The company has its operations worldwide, including the
Middle East and Africa.
Market by Technology (Data ana ..
VIEW REPORT1. MIDDLE
EAST AND AFRICA ASSET TRACKING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. GROWING
E-COMMERCE INDUSTRY AUGMENTING MARKET’S GROWTH
2.2.2. INCREASED
ADOPTION OF IOT DEVICES DURING TRANSPORTATION
2.2.3. IMPROVEMENTS
IN TECHNOLOGIES HELP FLEET MANAGEMENT INDUSTRY
2.3. EVOLUTION
AND TRANSITION OF ASSET TRACKING MARKET
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF SUPPLIERS
2.4.4. BARGAINING
POWER OF BUYERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
IMPACT ANALYSIS
2.5.1. ACCESSIBILITY
2.5.2. MOBILITY
2.5.3. FEATURES
2.5.4. SCALABILITY
2.5.5. PRICING
2.5.6. SUPPORT
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. MARKET
DRIVERS
2.8.1. GROWING
DEMAND FROM 3PL COMPANIES
2.8.2. GROWTH
IN IOT AND LOGISTICS 4.0
2.9. MARKET
RESTRAINTS
2.9.1. HIGH
INITIAL COST OF ASSET TRACKING SOFTWARE
2.10. MARKET
OPPORTUNITIES
2.10.1.
GOVERNMENT INITIATIVES IN
FAVOUR OF GPS TRACKING
2.10.2.
OPPORTUNITIES FROM AUTOMATED
DELIVERY
2.11. MARKET
CHALLENGES
2.11.1.
PRIVACY PERTAINING TO
CONSUMER’S DATA
2.11.2.
LOW MARKET AWARENESS
2.12. IMPACT
OF COVID-19 ON ASSET TRACKING MARKET
3. MIDDLE
EAST AND AFRICA ASSET TRACKING MARKET OUTLOOK - BY TYPE
3.1. HARDWARE
3.1.1. QR
CODE/BARCODE
3.1.2. RFID
(RADIO-FREQUENCY IDENTIFICATION)
3.1.3. GPS
(GLOBAL POSITIONING SYSTEM)
3.1.4. BLE
(BLUETOOTH LOW ENERGY)
3.1.5. LORAWAN
(LONG RANGE WIDE AREA NETWORK)
3.1.6. CUSTOM
HARDWARE
3.2. SOFTWARE
3.2.1. CLOUD
3.2.2. ON-PREMISE
3.3. SERVICES
4. MIDDLE
EAST AND AFRICA ASSET TRACKING MARKET OUTLOOK - BY END-USER
4.1. TRANSPORTATION
AND LOGISTICS
4.2. HEALTHCARE
4.3. MANUFACTURING
4.4. CONSTRUCTION
4.5. IT
& TELECOMMUNICATION
4.6. OIL
& GAS
4.7. OTHERS
5. MIDDLE
EAST AND AFRICA ASSET TRACKING MARKET - REGIONAL OUTLOOK
5.1. UNITED
ARAB EMIRATES
5.2. TURKEY
5.3. SAUDI
ARABIA
5.4. SOUTH
AFRICA
5.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. ASSET
PANDA LLC
6.2. AT&T
INC
6.3. AZUGA
6.4. CLOUDHAWK
6.5. FLEET
COMPLETE
6.6. GIGATRAK
6.7. HILTI
6.8. ONASSET
INTELLIGENCE INC
6.9. ORACLE
CORPORATION
6.10. SPIREON
INC
6.11. TENNA
6.12. TRIMBLE
INC
6.13. UBISENSE
GROUP PLC
6.14. VERIZON
COMMUNICATIONS INC
6.15. ZEBRA
TECHNOLOGIES CORPORATION
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET
ATTRACTIVENESS INDEX
TABLE 3. VENDOR
SCORECARD
TABLE 4. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 5. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
TABLE 6. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
TABLE 7. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 8. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2. KEY BUYING
IMPACT ANALYSIS
FIGURE 3. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
FIGURE 4. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY QR CODE/BARCODE, 2019-2028 (IN $ MILLION)
FIGURE 5. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY RFID (RADIO-FREQUENCY IDENTIFICATION),
2019-2028 (IN $ MILLION)
FIGURE 6. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY GPS (GLOBAL POSITIONING SYSTEM), 2019-2028
(IN $ MILLION)
FIGURE 7. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY BLE (BLUETOOTH LOW ENERGY), 2019-2028 (IN
$ MILLION)
FIGURE 8. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY LORAWAN (LONG RANGE WIDE AREA NETWORK),
2019-2028 (IN $ MILLION)
FIGURE 9. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY HARDWARE, 2019-2028 (IN $ MILLION)
FIGURE 10. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 11. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY CLOUD, 2019-2028 (IN $ MILLION)
FIGURE 12. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY ON-PREMISE, 2019-2028 (IN $ MILLION)
FIGURE 13. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 14. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY TRANSPORTATION AND LOGISTICS, 2019-2028
(IN $ MILLION)
FIGURE 15. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 16. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY MANUFACTURING, 2019-2028 (IN $ MILLION)
FIGURE 17. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)
FIGURE 18. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY IT & TELECOMMUNICATION, 2019-2028 (IN
$ MILLION)
FIGURE 19. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY OIL & GAS, 2019-2028 (IN $ MILLION)
FIGURE 20. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 21. MIDDLE EAST
AND AFRICA ASSET TRACKING MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 22. UNITED ARAB
EMIRATES ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 23. TURKEY ASSET
TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 24. SAUDI ARABIA
ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 25. SOUTH AFRICA
ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)
FIGURE 26. REST OF
MIDDLE EAST & AFRICA ASSET TRACKING MARKET 2019-2028 (IN $ MILLION)