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Asset Tracking Devices Installed Base by Connectivity

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Asset Tracking: IoT Technologies and Markets

Market Data | 4Q 2024 | MD-AST-102

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Growing at a robust CAGR of 25%, the global installed base for asset tracking devices will increase from 211 million to 802 million between 2023 and 2029. When looking at this market forecast through the connectivity lens, Bluetooth is far and away the most popular connectivity technology used for these deployments, accounting for more than 70% of all deployments throughout most of the forecast period.

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