Tracking as a Service Market Segmentation Overview 2016 to 2020

RnRMarketResearch.com adds Global Tracking-as-a-Service Market 2016-2020 a new research reports in its store. The analysts forecast global tracking-as-a-service market to grow at a CAGR of 25.78% during the period 2016-2020.

Complete report available at http://www.rnrmarketresearch.com/global-tracking-as-a-service-market-2016-2020-market-report.html

Economic and cultural globalization has resulted in the rapid movement of ideas, commerce, people, and assets worldwide. As a result, businesses and people have come to require real-time tracking technology to monitor the movement of people, property, and assets in order to conduct their business safely and efficiently. GPS-enabled tracking devices are used in fleet management, asset and vehicle tracking, worker safety management, and logistics for commercial transactions.

Vehicle tracking technologies enable the persistent visibility of fleets of delivery vehicles, in addition to helping locate stolen or misplaced vehicles. Workers in high-risk environments require a GPS-enabled tracking device to continuously track their location in real time. GPS-enabled devices are also used to monitor offenders electronically. Analytics services can be used to anticipate the likelihood of offendors committing crimes based on their location and case history. The per day rate of such surveillance is high and this has raised the cost of monitoring and rehabilitation. So, most electronic monitoring devices are leased to customers on a per day basis.

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Tracking services through PaaS include a package of services, such as basic tracking device functionalities and add-ons such as monitoring or analytics services. Tracking services based on SaaS are available for fuel management, maintenance planning, route optimization, location data, and analytics.

This report covers the present scenario and the growth prospects of the global...