The Latin America, Middle East and Africa IoT based Asset Tracking and Monitoring Market would witness market growth of 13.8% CAGR during the forecast period (2022-2028).
It's useful for monitoring a container while it's being transported, for instance, but there is no way to find it if the container is reported stolen and never gets close to another RFID reader device. Many businesses are choosing real-time asset tracking systems as cellular IoT devices and connections become more accessible and effective.
Any company that supplies or delivers perishable food products needs an IoT device with humidity, temperature, and GPS sensors. Every time the temperature falls outside the desired range, the gadget sends the relevant data to the asset tracking solution. Due to this, trucks carrying defective goods could be redirected, and another one can be rapidly replenished and dispatched. By doing this, supply chain delays and unhappy customers are reduced.
Physical asset management is crucial for hospitals and medical practices. Not only because they are expensive, but also to make sure the demands of the patients are satisfied. One-third of nurses spend an hour per shift searching for devices, as per a Nursing Times survey.
To diversify its economy and entice foreign businesses, the Abu Dhabi Department of Economic Development (ADDED) unveiled a new Smart Manufacturing programme in October 2021. Through cooperation with top international tech companies, the project aims to boost the digital skills of thousands of local manufacturers. The Emirate of Abu Dhabi's Smart Manufacturing Project promotes the adoption of cutting-edge manufacturing techniques by offering fresh financing options via the system of commercial banks. This Smart Manufacturing Project seeks to raise new commercial money in order to use cutting-edge technology to make factories in the Emirate more automated, secure, and productive.
The Brazil market dominated the LAMEA IoT based Asset Tracking and Monitoring Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $118.3 million by 2028. The Argentina market is experiencing a CAGR of 14.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.5% during (2022 - 2028).
Based on Connectivity Type, the market is segmented into Cellular, NB-IoT, SigFox, Wi-Fi, LoRa, GNSS, Bluetooth, and Others. Based on Application, the market is segmented into Manufacturing, Automotive, Livestock Monitoring, Railways, Aviation, Cold Chain Monitoring, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global IoT based Asset Tracking and Monitoring Market is Predict to reach $6.7 Billion by 2028, at a CAGR of 10.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., Sierra Wireless, Inc., Telit corporate group (DBAY Advisors Limited), Analog Devices, Inc., Semtech Corporation, Quectel Wireless Solutions Co., Ltd., U-blox Holding AG, Fibocom Wireless, Inc., Sony Semiconductor Israel Ltd. (Sony Corporation), and Nordic Semiconductor ASA.
Scope of the Study
Market Segments Covered in the Report:
By Connectivity Type
- Cellular
- NB-IoT
- SigFox
- Wi-Fi
- LoRa
- GNSS
- Bluetooth
- Others
By Application
- Manufacturing
- Automotive
- Livestock Monitoring
- Railways
- Aviation
- Cold Chain Monitoring
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- Sierra Wireless, Inc.
- Telit corporate group (DBAY Advisors Limited)
- Analog Devices, Inc.
- Semtech Corporation
- Quectel Wireless Solutions Co., Ltd.
- U-blox Holding AG
- Fibocom Wireless, Inc.
- Sony Semiconductor Israel Ltd. (Sony Corporation)
- Nordic Semiconductor ASA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA IoT based Asset Tracking and Monitoring Market, by Connectivity Type
1.4.2 LAMEA IoT based Asset Tracking and Monitoring Market, by Application
1.4.3 LAMEA IoT based Asset Tracking and Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Feb – 2022, Jun) Leading Players
Chapter 4. LAMEA IoT based Asset Tracking and Monitoring Market by Connectivity Type
4.1 LAMEA Cellular Market by Country
4.2 LAMEA NB-IoT Market by Country
4.3 LAMEA SigFox Market by Country
4.4 LAMEA Wi-Fi Market by Country
4.5 LAMEA LoRa Market by Country
4.6 LAMEA GNSS Market by Country
4.7 LAMEA Bluetooth Market by Country
4.8 LAMEA Other Connectivity Type Market by Country
Chapter 5. LAMEA IoT based Asset Tracking and Monitoring Market by Application
5.1 LAMEA Manufacturing Market by Country
5.2 LAMEA Automotive Market by Country
5.3 LAMEA Livestock Monitoring Market by Country
5.4 LAMEA Railways Market by Country
5.5 LAMEA Aviation Market by Country
5.6 LAMEA Cold Chain Monitoring Market by Country
5.7 LAMEA Others Market by Country
Chapter 6. LAMEA IoT based Asset Tracking and Monitoring Market by Country
6.1 Brazil IoT based Asset Tracking and Monitoring Market
6.1.1 Brazil IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.1.2 Brazil IoT based Asset Tracking and Monitoring Market by Application
6.2 Argentina IoT based Asset Tracking and Monitoring Market
6.2.1 Argentina IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.2.2 Argentina IoT based Asset Tracking and Monitoring Market by Application
6.3 UAE IoT based Asset Tracking and Monitoring Market
6.3.1 UAE IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.3.2 UAE IoT based Asset Tracking and Monitoring Market by Application
6.4 Saudi Arabia IoT based Asset Tracking and Monitoring Market
6.4.1 Saudi Arabia IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.4.2 Saudi Arabia IoT based Asset Tracking and Monitoring Market by Application
6.5 South Africa IoT based Asset Tracking and Monitoring Market
6.5.1 South Africa IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.5.2 South Africa IoT based Asset Tracking and Monitoring Market by Application
6.6 Nigeria IoT based Asset Tracking and Monitoring Market
6.6.1 Nigeria IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.6.2 Nigeria IoT based Asset Tracking and Monitoring Market by Application
6.7 Rest of LAMEA IoT based Asset Tracking and Monitoring Market
6.7.1 Rest of LAMEA IoT based Asset Tracking and Monitoring Market by Connectivity Type
6.7.2 Rest of LAMEA IoT based Asset Tracking and Monitoring Market by Application
Chapter 7. Company Profiles
7.1 Thales Group S.A.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research and Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Sierra Wireless, Inc.
7.2.1 Company overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.3 Telit corporate group (DBAY Advisors Limited)
7.3.1 Company Overview
7.4 Analog Devices, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Semtech Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Quectel Wireless Solutions Co., Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Research & Development Expense
7.6.4 Recent strategies and developments:
7.6.4.1 Product Launches and Product Expansions:
7.7 u-blox Holding AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segment and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.5.2 Acquisition and Mergers:
7.8 Fibocom Wireless, Inc.
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Acquisition and Mergers:
7.9 Sony Semiconductor Israel Ltd. (Sony Corporation)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental & Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.9.6 SWOT Analysis
7.10. Nordic Semiconductors ASA
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expense
TABLE 1 LAMEA IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 2 LAMEA IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – IoT based Asset Tracking and Monitoring Market
TABLE 4 Product Launches And Product Expansions – IoT based Asset Tracking and Monitoring Market
TABLE 5 Acquisition and Mergers – IoT based Asset Tracking and Monitoring Market
TABLE 6 LAMEA IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 7 LAMEA IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 8 LAMEA Cellular Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Cellular Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA NB-IoT Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA NB-IoT Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA SigFox Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA SigFox Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Wi-Fi Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Wi-Fi Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA LoRa Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA LoRa Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA GNSS Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA GNSS Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Bluetooth Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Bluetooth Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Other Connectivity Type Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Other Connectivity Type Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 25 LAMEA IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 26 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Livestock Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Livestock Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Railways Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Railways Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Aviation Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Aviation Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Cold Chain Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Cold Chain Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA IoT based Asset Tracking and Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA IoT based Asset Tracking and Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 42 Brazil IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 43 Brazil IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 44 Brazil IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 45 Brazil IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 46 Brazil IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 47 Brazil IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 48 Argentina IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 49 Argentina IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 50 Argentina IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 51 Argentina IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 52 Argentina IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 53 Argentina IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 54 UAE IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 55 UAE IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 56 UAE IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 57 UAE IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 58 UAE IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 59 UAE IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 60 Saudi Arabia IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 61 Saudi Arabia IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 62 Saudi Arabia IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 63 Saudi Arabia IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 64 Saudi Arabia IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 65 Saudi Arabia IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 66 South Africa IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 67 South Africa IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 68 South Africa IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 69 South Africa IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 70 South Africa IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 71 South Africa IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 72 Nigeria IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 73 Nigeria IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 74 Nigeria IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 75 Nigeria IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 76 Nigeria IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 77 Nigeria IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 78 Rest of LAMEA IoT based Asset Tracking and Monitoring Market, 2018 - 2021, USD Million
TABLE 79 Rest of LAMEA IoT based Asset Tracking and Monitoring Market, 2022 - 2028, USD Million
TABLE 80 Rest of LAMEA IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2018 - 2021, USD Million
TABLE 81 Rest of LAMEA IoT based Asset Tracking and Monitoring Market by Connectivity Type, 2022 - 2028, USD Million
TABLE 82 Rest of LAMEA IoT based Asset Tracking and Monitoring Market by Application, 2018 - 2021, USD Million
TABLE 83 Rest of LAMEA IoT based Asset Tracking and Monitoring Market by Application, 2022 - 2028, USD Million
TABLE 84 key information – Thales Group S.A.
TABLE 85 Key Information – Sierra Wireless, Inc.
TABLE 86 Key Information – Telit corporate group
TABLE 87 key information – Analog Devices, Inc.
TABLE 88 Key information – Semtech Corporation
TABLE 89 Key information – Quectel Wireless Solutions Co., Ltd.
TABLE 90 Key information – u-blox Holding AG
TABLE 91 Key information – Fibocom wireless, Inc.
TABLE 92 Key information – Sony Semiconductor Israel Ltd.
TABLE 93 Key information – Nordic Semiconductors ASA
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2020, Feb – 2022, Jun) Leading Players
FIG 5 Recent strategies and developments: Sierra Wireless, Inc.
FIG 6 Swot analysis: analog devices, inc.
FIG 7 Swot analysis: sony corporation