The evolution of IoT asset tracking devices – Help Net Security
Asset tracking is one of the highest growth application segments for the Internet of Things (IoT). According to a report by ABI Research, asset tracking device shipments will see a 51% year-on-year device shipment growth rate through 2024.
Expanding LPWAN coverage, technological maturity, and the associated miniaturization of sophisticated devices are key to moving asset tracking from traditionally high-value markets to low-value high-volume markets, which will account for most of the tracker connection and shipment numbers.