Inventory Tracking System Market - Forecast 2021 - 2026 - PowerPoint PPT Presentation

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Inventory Tracking System Market - Forecast 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. – PowerPoint PPT presentation

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Title: Inventory Tracking System Market - Forecast 2021 - 2026


1
Inventory Tracking System Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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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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3
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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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6
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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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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id502682

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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