Product Code: ETC4460366 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
IoT-based asset tracking and monitoring solutions are gaining prominence in Thailand, especially in logistics, healthcare, and manufacturing sectors. These systems enable real-time tracking and monitoring of assets, improving efficiency, reducing losses, and enhancing safety. The market for these IoT solutions is poised for growth due to their diverse applications.
The Thailand Internet of Things (IoT)-based Asset Tracking and Monitoring market is experiencing robust growth, propelled by the adoption of IoT solutions for real-time tracking and management of assets across industries. IoT-based asset tracking utilizes sensors and connectivity to monitor the location, condition, and utilization of assets. The market benefits from the efficiency gains in supply chain management, logistics, and inventory control. Additionally, the integration of IoT-based asset tracking with data analytics contributes to the market prominence in Thailand evolving landscape of smart manufacturing and connected enterprises.
The IoT-based Asset Tracking and Monitoring market in Thailand face challenges related to data privacy, security, and the interoperability of diverse IoT devices. Developing standardized protocols for seamless communication among different devices and platforms is essential. Overcoming resistance to adopting IoT solutions due to concerns about data breaches and unauthorized access is also a critical challenge.
The Thailand IoT-based Asset Tracking and Monitoring Market faced challenges during the COVID-19 pandemic, marked by changes in supply chain dynamics, logistics operations, and asset management needs. With increased emphasis on real-time visibility and remote monitoring, businesses sought advanced IoT-based solutions for asset tracking and management. The increased adoption of IoT sensors, connectivity solutions, and cloud-based platforms became evident as industries aimed to optimize supply chain efficiency. Despite disruptions in global logistics, the market showcased resilience as businesses recognized the importance of accurate asset tracking. The pandemic underscored the significance of IoT-based asset tracking and monitoring in ensuring operational efficiency, driving investments in technologies that offer real-time insights, connectivity, and adaptability for diverse IoT-based asset tracking and monitoring applications.
Optimizing asset management and logistics, key players such as Cisco Systems, Inc. and Bosch Connected Devices and Solutions GmbH significantly influence the IoT-based Asset Tracking and Monitoring market in Thailand. Cisco is a global technology leader, providing IoT solutions for asset tracking and monitoring in various industries, including transportation and manufacturing. Bosch Connected Devices and Solutions specializes in IoT devices, offering solutions for asset tracking and condition monitoring that impact sectors such as logistics and supply chain in Thailand. These companies play a pivotal role in shaping IoT-based asset tracking and monitoring technologies for enhanced visibility and efficiency.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand IoT based Asset Tracking and Monitoring Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand IoT based Asset Tracking and Monitoring Market - Industry Life Cycle |
3.4 Thailand IoT based Asset Tracking and Monitoring Market - Porter's Five Forces |
3.5 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
3.6 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand IoT based Asset Tracking and Monitoring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT technology in various industries in Thailand |
4.2.2 Growing demand for real-time asset tracking and monitoring solutions |
4.2.3 Government initiatives to promote digital transformation and smart city projects in Thailand |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy in IoT-based asset tracking and monitoring |
4.3.2 Lack of skilled professionals in the IoT and data analytics field in Thailand |
5 Thailand IoT based Asset Tracking and Monitoring Market Trends |
6 Thailand IoT based Asset Tracking and Monitoring Market, By Types |
6.1 Thailand IoT based Asset Tracking and Monitoring Market, By Connectivity Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Connectivity Type, 2021-2031F |
6.1.3 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Wi-Fi, 2021-2031F |
6.1.4 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.1.5 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Cellular, 2021-2031F |
6.1.6 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By NB-IoT, 2021-2031F |
6.1.7 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By LoRa, 2021-2031F |
6.1.8 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By SigFox, 2021-2031F |
6.1.9 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By GNSS, 2021-2031F |
6.1.10 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By GNSS, 2021-2031F |
6.2 Thailand IoT based Asset Tracking and Monitoring Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Livestock Monitoring, 2021-2031F |
6.2.3 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Railways, 2021-2031F |
6.2.5 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Aviation, 2021-2031F |
6.2.6 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.7 Thailand IoT based Asset Tracking and Monitoring Market Revenues & Volume, By Cold Chain Monitoring, 2021-2031F |
7 Thailand IoT based Asset Tracking and Monitoring Market Import-Export Trade Statistics |
7.1 Thailand IoT based Asset Tracking and Monitoring Market Export to Major Countries |
7.2 Thailand IoT based Asset Tracking and Monitoring Market Imports from Major Countries |
8 Thailand IoT based Asset Tracking and Monitoring Market Key Performance Indicators |
8.1 Number of IoT devices deployed for asset tracking and monitoring in Thailand |
8.2 Percentage increase in the adoption of IoT solutions in key industries |
8.3 Average response time for asset tracking and monitoring alerts |
8.4 Rate of compliance with data security regulations for IoT-based solutions |
8.5 Percentage of asset downtime reduced through IoT implementation |
9 Thailand IoT based Asset Tracking and Monitoring Market - Opportunity Assessment |
9.1 Thailand IoT based Asset Tracking and Monitoring Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
9.2 Thailand IoT based Asset Tracking and Monitoring Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand IoT based Asset Tracking and Monitoring Market - Competitive Landscape |
10.1 Thailand IoT based Asset Tracking and Monitoring Market Revenue Share, By Companies, 2024 |
10.2 Thailand IoT based Asset Tracking and Monitoring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |