Tracking and tracing of mobile assets: New IoT opportunities for OEMs

Along with remote monitoring, tracking/tracing applications are a bedrock of the IoT. The ability to find assets, to track them as part of a logistical operation or even to just monitor where people or animals are is a fundamental requirement.

As shown in Figure 1, the number of mobile assets being tracked worldwide at end 2017 was in the region of 50m units of which over 90% were vehicles, followed by trailers, containers, personal trackers and a long tail of others. Yet the total addressable market for mobile assets is huge. About 1bn vehicles worldwide and about 10bn pallets, let alone the potential for tracking people for a variety of needs, tracking livestock and pets and even luggage.

Figure 1: Mobile asset tracking market

As these figures show, in spite of rapidly-evolving cellular and other wide area wireless technologies over the last 30 years, the number of mobile assets currently being tracked over a long range is just a small fraction of the total number that we would expect to be connected in a truly connected world. Why is that?

Read a brand new report specifically for ‘IoT for Tracking‘, that delves into this and more, available now.


Recent Articles

Schieler joins Fibocom joint venture company Rolling Wireless as CEO

Posted on: August 5, 2020

Fibocom, a global provider of IoT (Internet of Things) wireless solutions and wireless communication modules, reports that Dan Schieler has been appointed to the position of chief executive officer of Rolling Wireless Technology Co., Ltd. This is a joint venture company invested by Fibocom and three other professional investment institutions.

Read more

Google spends $450mn on ADT to integrate Nest-based home security

Posted on: August 4, 2020

Google’s Nest hardware is to be combined with ADT’s security, professional installation and monitoring service. The goal is to create a fully integrated set of devices, software and services for the secure smart home.

Read more