Asset Tracking & Management Software

Build software for tracking and managing business assets

Startup Cost
$75,000-$500,000
Difficulty
Advanced
Time to Profit
18-30 months
Profit Potential
$17,000-$250,000/month

Overview

Asset tracking software generates $200,000-$3,000,000+ annually with 75-90% margins.

In 2025, businesses need to track equipment, tools, and assets.

Revenue from monthly SaaS subscriptions ($49-$999 per location), enterprise asset management (EAM) software ($500-$10,000+ monthly), asset tagging hardware (barcodes, RFID, GPS), implementation and setup ($2,000-$50,000), mobile asset tracking apps, and maintenance management integration.

Successful platforms track asset location and status, manage asset assignments and checkouts, schedule maintenance and inspections, track asset lifecycle and depreciation, support barcode/RFID/GPS tracking, and provide asset utilization analytics.

Facilities, construction, healthcare, and IT departments as customers.

Marketing through facility management, asset tracking keywords, ROI calculators, free trials, and industry-specific solutions.

Required Skills

  • Software Development
  • Asset Management Logic
  • Mobile Development
  • Hardware Integration (GPS/RFID)
  • Database Design
  • SaaS Business

Pros and Cons

Pros

  • Recurring SaaS revenue
  • Large market across industries
  • Hardware sales provide additional revenue
  • Help businesses reduce asset loss
  • Scalable software platform

Cons

  • Competitive asset tracking software market
  • Hardware integration complexity
  • Multiple use cases to support
  • Customer implementation and training required
  • GPS and cellular data costs for tracking

How to Get Started

  1. Build asset tracking software platform
  2. Develop barcode/RFID/GPS tracking features
  3. Create mobile asset tracking apps
  4. Source and integrate tracking hardware
  5. Launch with target industries
  6. Market through digital channels
  7. Provide implementation and support

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