Mobile Tracking Solution Market Share

North America Market Statistics

On the basis of regional analysis, the mobile tracking solution market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America industry is predicted to account for largest revenue share by 2036, on account of growing requirements for continuously improving the operation efficiency of businesses in the region. Moreover, the growing requirements for continuously improving the operation efficiency of businesses in this region is further anticipated to increase the product demand.

APAC Market Analysis

On the other hand, the market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of growth in digitalization, number of internet users, demand for analytics and tracking solutions in the region, particularly in countries such as China, India and Japan where the number of internet users and IoT devices is anticipated to grow remarkably.