Asset Tracking and AI in Supply Chain Management Global Markets Report 2021-2026
Dublin, Aug. 17, 2021 (GLOBE NEWSWIRE) -- The "Asset Tracking and AI in Supply Chain Management Market 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
AI in SCM solutions as a whole will reach $15.5B globally by 2026
This research evaluates asset tracking technologies, solutions, and the overall asset management and logistics ecosystem including major players, strategies and market positioning. The research evaluates the impacts of use case-specific considerations in terms of asset tracking technology and solution selection.
This research also provides an analysis of both fleet-related asset tracking and non-fleet asset tracking markets. Fleet tracking market analysis includes segmentation by IoT-enabled fleet tracking. In terms of non-fleet asset tracking, the research evaluates the market for both living and nonliving things, which have completely different characteristics.
This research also provides detailed analysis and forecasts for AI in SCM by solution (Platforms, Software, and AI as a Service), solution components (Hardware, Software, Services), management function (Automation, Planning and Logistics, Inventory Management, Fleet Management, Freight Brokerage, Risk Management, and Dispute Resolution), AI technologies (Cognitive Computing, Computer Vision, Context-aware Computing, Natural Language Processing, and Machine Learning), and industry verticals (Aerospace, Automotive, Consumer Goods, Healthcare, Manufacturing, and others).
This is the broadest and detailed research of its type, providing analysis across a wide range of go-to-operational process considerations, such as the need for identity management and real-time location tracking, and market deployment considerations, such as AI type, technologies, platforms, connectivity, IoT integration, and deployment model including AI-as-a-Service (AIaaS). Each aspect evaluated includes forecasts from 2021 to 2026 such as AIaaS by revenue in China. It provides an analysis of AI in SCM globally, regionally, and by country including the top ten countries per region by market share.
The research also provides an analysis of leading companies and solutions that are leveraging AI in their supply chains and those they manage on behalf of others, with an evaluation of key strengths and weaknesses of these solutions. It assesses AI in SCM by industry vertical and application such as material movement tracking and drug supply management in manufacturing and healthcare respectively. The research also provides a view into the future of AI in SCM including analysis of performance improvements such as optimization of revenues, supply chain satisfaction, and cost reduction.
The asset management market remains constrained by a relatively low number of enterprise-connected assets across certain important asset classes. Leading asset tracking solution companies are focusing on the asset value to a business or governmental organization rather than the book value of the asset itself. A consultative marketing/sales approach is necessary to inform enterprises, first of the value of interconnecting business assets, and secondly, demonstrative asset tracking outcomes that bring value straight to the bottom line.
However, the overall asset tracking market has witnessed substantial economies of scale improvements in recent years due to inexpensive connectivity and machine-to-machine communications equipment and services. Increased penetration and usage of advanced IoT solutions leveraging M2M and other supporting technologies enable anytime, anywhere, and any type of asset tracking.
In addition, improved economies of scale and advancements in miniaturization and communications have made low-value asset tracking more practical, expanding the range of potential industries and asset types. This is exemplified by the growing trend for RFID-based "slap-and-track" solutions for shipping, supply chain management, and enterprise logistics such as tracking low to medium-value assets such as business equipment and supplies.
Select Research Findings:
The Asia Pac region is the largest and fastest-growing for AI in SCM
Cloud-based AI-as-a-Service for SCM will exceed $2.3B globally by 2026
Global asset tracking market will reach $55.1B by 2026, growing at 17.1% CAGR
Global asset tracking market for AI-embedded devices to grow at 33% through 2026
While fleet comprises over 80% of the market, non-fleet asset tracking is growing 18% faster
Companies Mentioned
3M
Actsoft Inc.
Adidas
Advantrack
Ahrma
Alphabet
Amazon
Apptricity
ARI Fleet
Arvato SCM Solutions
Arvento
ASAP Systems
AssetPanda
Astrocast
AT&T
Azuga Fleet
BASF
Basware
Blackberry (Radar, QNX)
BMW
Bosch
Brilliant Info Systems Pvt. Ltd.
C. H.Robinson
Cainiao Network (Alibaba)
CalAmp
Carmalink
Chekhra Business Solutions
Cisco Systems
ClearMetal
ClearPath GPS
CLS
Coca-Cola Co.
Colgate-Palmolive
Coupa Software
Datalogic S.P.A
Descartes Systems Group
Diageo
DriveFactor (or CCC Drive)
E2open
Entigral Systems Inc.
Epicor Software Corporation
Estrack
FedEx
Fleet Complete
Fleet Safety Institute
Fleetilla
Fleetistics
FleetManager
FleetMind (Safe Fleet Holdings)
Fleetup
Fraight AI
Freshworks
Geotab
GigaTrack
Globalstar
Go Fleet
GPS Insight
GPS Trackit
GSAttrack (Global Satellite Engineering)
Gurtam
H&M
Hiber
HighJump
Home Depot
Honeywell International Inc.
HP Inc.
IBM Corporation
Impinj Inc.
Inditex.
Infor Global Solutions
Inseego
Intel
Intouch GPS (GPSTrackit)
Iridium
JDA Software Group Inc.
Johnson & Johnson
Jolly Technologies Inc.
Kimberly-Clark
Kineis
L'Oreal
Litum IoT
LLamasoft, Inc.
Logility
Lojack
Lowry Solutions Inc.
Lytx
M2M in Motion
Manhattan Associates
Micron Technology
Microsoft Corporation
Mix Telematics
Mojix Inc.
Moovement
Myriota
Nestle
NexTraq (Michelin)
Nike
NimbeLink
Northrop Grumman
Novo Nordisk
NVidia
Omnitracs
OnAsset Intelligence Inc.
Oracle Corporation
ORBCOMM
Ovinto
Particle
Passtime
PcsInfinity
Pedigree Technologies
PepsiCo
Presenso
PTC
QBurst
Quantum Aviation Solutions
Raven Connected (KlashWerks Inc.)
RedBeam Inc.
Relex Solution
Rhino Fleet
Roambee
SafeFleet
Sage
Samsara
Samsung Electronics
SAP SE
Sato Holdings Corporation
Schneider Electric
SCM Solutions Corp.
Sendum Wireless Corporation
Senseaware (Fedex)
Sensitech Inc.
Sequans
Sierra Wireless Inc. (Numerex)
Sigfox
Sisfo
Skybitz
Smart Asset Manager Limited
Smart Path GPS
Sortly Inc.
Speedshield Technologies (Adaptalift Group)
Spireon Inc.
Splice Machine
Stanley Black & Decker Inc.
Starbucks
Starcom
Targa Telematics SPA
Teknowlogi
Telefonica
Telit
Teltrac Navman
Tenna
T-Mobile
TomTom International BV
Topcon Corporation
TrackX
Trimble Inc.
TVL Inc. (WiseTrack)
Ubisense Group Plc.
Unilever
UpKeep Maintenance Management
Verizon Wireless
Visma
Vodafone Limited
VTG
Walmart
Wasp Barcode Technologies Inc.
Windward Software
Xilinx
Zebra Technologies
Zerion Software Inc.
Zonar Systems (Continental AG)
Zubie
For more information about this report visit https://www.researchandmarkets.com/r/kf5qlh
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