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OverviewAPI
The global asset tracking market is expected to grow significantly, reaching US$ 45.8 billion by 2032 with a CAGR of 11.4% from 2023 to 2032. Technological innovations such as AI, IoT, and telematics are fueling this growth, with healthcare and transportation sectors at the forefront of adoption. Cloud-based solutions are increasingly popular among large enterprises to cut hardware expenses, benefiting industries like transportation, logistics, and healthcare.

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