Asset tracking growth at 50% per year as IoT devices get cheaper, smaller, smarter
Shipments of asset trackers will increase by more than 50 percent annually through 2024, driven by growth in low-power wide-area (LPWA) networks and smaller, cheaper and smarter IoT devices. Asset tracking is one of the highest-growth segments in the IoT market, concludes a new study by analyst firm ABI Research, with 51 percent expected per…