Inventory Tracking System Market - Forecast 2021 - 2026

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Inventory Tracking System Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Inventory tracking system market is forecast to
  reach 6.2 billion by 2025, at a CAGR of 6.30
  during 2020-2025. Increasing adoption of
  smartphones and other mobile devices, a rapidly
  evolving global e-commerce landscape and the
  increasing need to control and reduce supply
  chain inefficiencies by offering an Omnichannel
  shopping experience, retailers are designing a
  cohesive user experience for their customers on
  various platforms such as physical stores, online
  stores, social media channels and rising need to
  control inventory shrinkage in supply-chains are
  the key factor facilitating the market growth.

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• Key Takeaways
• North America held a dominant share of over 40
  in the inventory tracking system market in 2018
  due to rapidly expanding e-commerce landscape in
  the region, a robust manufacturing sector with
  increasing adoption of industrial IoT after
  Industry 4.0
• The hardware and tracking device segment is
  projected to grow at highest CAGR of 11.2 due to
  increased adoption is due to the technology aids
  in tracking the movement through every stage of
  the supply chain right from the manufacturing
  unit to the point of sale.
• Manufacturing sector is growing at a highest CAGR
  in the inventory tracking system market in the
  forecast period due to effectively acting as
  buffer between consumer demands and component
  availability.

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By Distribution Channel- Segment Analysis The
hardware and tracking device segment is projected
to grow at highest CAGR of 11.2 in the forecast
period 2020-2025. Increased adoption is due to
the technology aids in tracking the movement
through every stage of the supply chain right
from the manufacturing unit to the point of sale
which ensures stock security, quality control and
reorder point.  Tracking devices are typically
used by many end users.  For instance,
manufacturing units that move thousands of orders
on a daily basis use tracking devices for safety
and security.  Similarly, tracking devices are
used by automobiles companies to provide vehicle
location and to share engine diagnosis.
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• Inventory Tracking System Market Outlook 
• A2B Tracking Solutions Inc
• Asset Management International
• ATT INC
• Barcodes Inc
• CYBRA Corporation
• MASS Group Inc
• Ventipix
• Wasp Barcode Technologies
• Windward Inventory Tracking System
• ZIH Corporation

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Inventory Tracking System Market
-Forecast 2021 - 2026 Learn More About the
Report _at_ https//www.industryarc.com/Research/I
nventory-Tracking-System-Market-Research-502682
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