Consumer Asset Tracking and IoT

According to Berg Insight, market potential for consumer asset tracking is substantial.  Europe and North America had 12.5 million active consumer asset tracking devices at the close of 2022. With an expected CAGR of 18.4%, this number is projected to rise to 29.2 million by 2027, while the market value is anticipated to increase from €1.6 billion in 2022 to €3.8 billion in 2027. 

The growth of the consumer asset tracking market is fueled by its ability to enhance safety, security, and convenience for users, while at the same time becoming more accessible and efficient. 1NCE sees a high relevance of IoT to Consumer Asset Tracking as the number of customers providing such devices is constantly expanding within the client base. 

Consumer Asset Tracking Vendors

Let’s go through major North American and European market leaders within consumer asset tracking devices:

Vendor

Location

Website

Verizon

North America

https://www.verizon.com/

Mojio

North America

https://www.moj.io/

Harman

North America

https://www.harman.com/

Modus

North America

https://www.modus.co/

Ryd

Europe

https://ryd.com/

Springworks International

Europe

https://www.springworks.com/

Net4Things

Europe

https://www.net4things.com/

Datatool (Scorpion Automotive)

Europe

https://www.datatool.co.uk/

Monimoto

Europe

https://monimoto.com/

BikeTrac

Europe

https://www.biketrac.co.uk/

Sensario

Europe

https://www.sensario.com/

Sentinel Marine Solutions

Europe

https://www.sentinelmarine.net/

Vetel

Europe

https://www.vetel.es/

Siren Marine

North America

https://sirenmarine.com/

IoT Venture

Europe

https://iot-venture.com/

PowUnity

Europe

https://www.powunity.com/

ConnectLab

Europe

https://connectlab.com/

Haveltec

Europe

https://www.haveltec.com/

BikeFinder

Europe

https://www.bikefinder.com/

Trackimo

North America

https://www.trackimo.com/

Invoxia

Europe

https://www.invoxia.com/

LandAirSea

North America

https://www.landairsea.com/

Consumer Asset Tracking and IoT Applications

Consumer asset tracking encompasses the monitoring of vehicles, personal devices, and various items, as well as the tracking of real, living assets:

Application

Description

Family and Child Tracking

Involves tracking the location of family members, particularly children, to enhance their safety and provide peace of mind.

Pet Tracking

Offers pet owners the ability to monitor and locate their pets, reducing the risk of loss and ensuring their security.

Vehicle Tracking

Encompasses tracking various vehicle types, such as cars, motorcycles, bicycles, caravans, leisure boats, and more, for theft prevention and efficient management.

General Asset Tracking

Covers a wide range of assets, including bags, keys, wallets, clothes, electronics, tools, and sports equipment, enabling users to track and locate these assets as needed.

Learn more about the Automotive and Logistics sectors or explore our Customer insights. 

1NCE Shop

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