IoT Based Asset Tracking and Monitoring Market - Top Companies and Manufacturers

  • Report ID: 6471
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

Companies Dominating the IoT Based Asset Tracking and Monitoring Landscape

    The global IoT based asset tracking and monitoring market is extremely competitive, consisting of key players and manufacturers operating at regional and global levels. These key players are focused on developing advanced, tailored solutions to cater to rising demand across several sectors. Many players are also adopting strategic alliances such as mergers and acquisitions, partnerships, license agreements, and product launches to enhance their product portfolio and strengthen their market position. Here are some of the leading companies operating in the global IoT based asset tracking and monitoring market:

    • Quectel 
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Sony Semiconductor Israel Ltd.
    • Fibocom Wireless Inc.
    • Nordic Semiconductor
    • GosuncnWelink Corporation
    • Laird Connectivity
    • Semtech
    • Mediatek Inc.
    • Analog Devices, Inc.
    • MeiG Smart Technology
    • Neoway Technology
    • Xiamen CHEERZING IoT Technology
    • HiSilicon Technologies
    • Skyworks Solutions, Inc.
    • Sunsea AIoT Technology Co., Ltd


In the News

  • In September 2024, u-blox and Wireless Logic Ltd announced a strategic collaboration to offer IoT connectivity services and eSIM solutions.
  • In September 2024, Quectel Wireless Solutions, a global IoT solutions provider announced its participation in Electronica India 2024 showcasing some of the latest solutions designed to accelerate the development of IoT applications.

Author Credits:  Abhishek Verma


  • Report ID: 6471
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In 2024, the industry size of the IoT based assets tracking and monitoring market was over USD 4.5 billion.

The market size of the IoT based assets tracking and monitoring market is projected to surpass USD 12.4 billion by the end of 2037 expanding at a CAGR of 8.7% during the forecast period i.e., between 2025-2037.

The major players in the market are Nordic Semiconductor, GosuncnWelink Corporation, Laird Connectivity, Semtech (US), Mediatek Inc., Analog Devices, Inc., and others.

In terms of application, the cold chain monitoring segment is anticipated to garner the largest market share by 2037 and display significant growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest revenue share of 42.6% by the end of 2037 and provide more business opportunities in the future.
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