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Asset Tracking Software in the US Procurement Price, Data and Insights
Asset tracking software tracks and manages the location of valuable assets, such as equipment, information technology (IT) resources, hardware, products and tools. Buyers use the software to meet audit requirements and avoid insurance and property taxes on assets that have been lost, stolen or retired. Asset tracking software collects data, typically through barcodes, and records the information in a database. By looking at the data, users of the software can monitor the movement of their items. Common buyers include government agencies, logistics firms, delivery companies, freight shipping companies, manufacturers and retailers
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What’s included in this market coverage
IBISWorld's research coverage on the Asset Tracking Software procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Asset Tracking Software market in the United States includes IT Asset Tracking Software and Equipment Tracking Software. Standard coding in this coverage includes ISIC-582-Software publishing, NACE-58.29-Other Software Publishing, NAICS-513210-Software Publishers and UNSPSC-43233700-System management software.
What common market terminology is included?
Common market terminology included in the Asset Tracking Software procurement coverage includes Barcode (An optical machine-readable symbol that relates data from the object to which it is attached to the scanner.), Scanners (Portable image readers that digitize patterns and decipher data, such as barcodes, for processing.), IT Infrastructure (The network of computers and software that a company incorporates into their operations.) and Radio-Frequency Identification (RFID) (RFIDs use radio-frequency electromagnetic fields to wirelessly transfer data, typically used for item identification.).
What companies are included as top suppliers?
The top companies covered in the Asset Tracking Software procurement report as suppliers are Sap Se, Datalogic S.P.A., Freshworks Inc., Bmc Software Inc. and Verizon Communications Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Asset Tracking Software market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per month, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Asset Tracking Software market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Asset Tracking Software procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Asset Tracking Software market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Asset Tracking Software market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Asset Tracking Software?
The 2026 benchmark market price for Asset Tracking Software is $253 per month. Prices have increased at a CAGR of 3.08 from 2023-26.
Who are the top vendors in the Asset Tracking Software market?
The top vendors in the Asset Tracking Software market include Sap Se, Datalogic S.P.A., Freshworks Inc., Bmc Software Inc. and Verizon Communications Inc..
What industries supply the Asset Tracking Software market?
The top industries supplying the Asset Tracking Software market are Computer Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US, Data Processing & Hosting Services in the US, Wired Telecommunications Carriers in the US, Intellectual Property Licensing in the US, Law Firms in the US, Operating Systems & Productivity Software Publishing in the US and Telecommunication Networking Equipment Manufacturing in the US.
What is the supply chain risk for Asset Tracking Software?
Low market share concentration enhances buyer negotiation power and access to innovation. The asset tracking software market's low market share concentration allows buyers to leverage a highly competitive vendor landscape. Therefore, procurement teams can aggressively negotiate lower prices, demand flexible contract terms, and request tailored solutions. This competition also pushes vendors to innovate, ensuring buyers have access to the latest features and integrations. For buyers, routinely benchmarking and rotating suppliers can maximize pricing advantages and accelerate the adoption of new technologies.
What factors affect the price of Asset Tracking Software?
Features of asset tracking software, such as real-time tracking, integration with IoT devices, and advanced reporting capabilities, can significantly affect its price. For example, software with robust mobile access and customizable dashboards may command a premium, while basic systems with limited functionality are typically priced lower, with pricing often measured based on the number of assets tracked or users accessing the system.
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