Firms Should Use 4G, 5G for Real-Time Asset-Tracking: Juniper
The global spend on enterprise asset tracking will grow from $16 billion in 2022 to $45 billion in 2027 as supply chain demands create more need for real-time monitoring of high-value assets, reported Juniper Research Monday. The report forecasts the…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
number of assets tracked will reach 24 billion by 2027, up from 8 billion this year. It advises asset-tracking platform providers to include real-time monitoring that can leverage multiple technologies, including GPS, 4G and 5G networks. GPS is a cost‑effective technology widely used today, but the broad network capabilities of 4G and 5G should be used to monitor assets with the highest value, it said.