Real-time tracking solution for construction equipment
Construction companies often face challenges in managing and locating their equipment on large job sites. A startup could develop a real-time tracking solution using IoT technology and GPS to provide construction companies with accurate and up-to-date information about the location and status of their equipment. This would help businesses optimize their operations, prevent theft, and reduce equipment loss. Market size: According to a report by MarketsandMarkets, the global IoT in construction market is projected to reach $19.7 billion by 2026, with a CAGR of 16.6%. Construction, IoT, equipment tracking
Equipment tracking
United States
