According to the results of a Berg Insight report (a company specializing in M2M/IoT market researches), SpaceTeam group has entered the TOP 20 active players in the airport asset management systems market. The Berg Insight report on the airport asset monitoring market in 2019 provides up-to-date information on the main players and systems in the airport asset monitoring market, including 5-year industry forecasts, expert commentary, and real-world case studies.
An increasing number of companies have introduced asset tracking and management solutions which can be used to keep track of airport assets and improve the efficiency of ground handling operations and maintenance routines. estimates that the global installed base of active airport asset tracking systems was over 0.2 million units in 2019. Growing at a compound annual growth rate (CAGR) of 15.4 percent, the active installed base is estimated to reach close to 0.5 million units worldwide in 2024. This includes all airport asset tracking systems deployed for various motorised ground support equipment (GSE), non-motorised equipment (NME) as well as other applicable airport assets including on-road vehicles used in airport environments. Berg Insight’s definition of an airport asset tracking solution covers systems based on various technologies including conventional cellular-based IoT connectivity and emerging low-power wide-area (LPWA) wireless technology as well as proprietary radio, Wi-Fi and Bluetooth.
The airport asset tracking market is served by a number of different types of players, ranging from specialists focused exclusively on tracking and management solutions for specific airport assets, to companies that offer a more comprehensive set of solutions for the aviation sector, and more general telematics players that also serve other industries. Berg Insight ranks Undagrid (GSEtrack), Quantum Aviation Solutions, Resonate MP4 (XOPS) and ADVEEZ as the leading vendors of airport asset tracking solutions in terms of installed base. Additional major players include Targa Telematics and Sensolus, which both partner with the GSE rental company TCR Group, as well as INFORM, Pinnacle (iMATS) and Smarter Asset Management (SAM). Other players active in the airport asset tracking space include Litum IoT, EC2E, DigiMobi, Ctrack (Inseego), Tri-Logical, Transpoco, Katlyn International, Speedshield Technologies, SpaceTeam, Geotab and the Ortus Group, all having installed bases of at least 1,000 units each.
SpaceTeam has been active in the airport asset monitoring market since 2012. During this time, we have deployed our systems at Domodedovo and Vnukovo airports, becoming one of the leading Russian companies operating in this market.
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