Use Cases and Benefits of IoT Asset Tracking in the Transportation Industry in 2024

October 16, 2024
Categories:

IoT Solutions

Transportation hub asset tracking

Losing personal things, whether a phone or a set of keys is frustrating, but the loss caused by losing important assets within a transportation operation can have far more serious consequences. In transportation industries like airports and train stations, where efficiency and precision are critical, losing track of assets can be a major operational headache. It can disrupt operations, increase costs and adversely affect service quality. Introducing transportation hub asset tracking, offering real-time visibility and control over assets, ensuring that everything stays on track. 

Mapsted is leading the way in transportation hub asset tracking by devising intelligent technology on how airports and train stations track assets, manage visitors and improve operational efficiency.

Do you know the global indoor navigation market expected to hit $146.09 billion by 2030? This is why transportation hubs are turning to IoT to improve efficiency, streamline operations and track assets in real time.

Use Cases of IoT Asset Tracking in Transportation Hubs

Customers today are used to having everything at their fingertips, courtesy of smartphones. Did you know that the average person checks their phone every 12 minutes? Yes, you read that right and 1 in 5 adults spends around 40 hours a week online. With technology integration in transportation hubs, customers can enjoy more comfort, convenience and personalization.

Similarly, when a transportation hub has technology like IoT it runs more efficiently, operations are smoother and more reliable for the staff as well. Most major players have already adopted this technology to create a seamless experience for customers and staff.

Here are some of the use cases of IoT asset tracking in transportation hubs:

Airport Asset Tracking for Better Operations

Airports are complicated spaces with many moving assets. Losing track of assets like baggage carts, equipment or machinery can turn out to be costly. This is when airport asset tracking comes in. Mapsted’s Compact, Mini and Supreme Tags provide real-time location data of assets for up to 8 years of battery life, so you can ensure operational efficiency and reduce the risk of misplaced equipment.

For example, Miami International Airport, the largest airport in Florida, has partnered with Mapsted to streamline their staff allocation and manage resources better, resulting in smoother operations and a better passenger experience.

Visitor Tracking and Analytics at Train Stations

Train stations witness thousands of visitors every day, making transportation hub visitor tracking a priority. Mapsted’s Flow technology allows real-time monitoring of visitor movement so station managers can allocate staff and improve passenger flow.Smaller stations can deploy Mapsted Flow to monitor key areas like entrance points and ticket counters, while larger hubs can track visitor patterns across the whole facility. With the global smart ticketing market expected to reach $16.51 billion by 2031, Mapsted’s IoT solutions are scalable and cost-effective train station asset management tools to improve operational efficiency.

Benefits of IoT Asset Tracking in Transportation

  • Better Operational Efficiency

Mapsted Boost helps transportation hubs identify hotspots using heat mapping so staff can be deployed better and reduce labour costs. By using real-time data, Mapsted Boost ensures resources are allocated based on actual demand.

  • Improved Safety and Security

Mapsted’s Badge technology allows transportation hubs to track staff movement in real time so staff are where they need to be. This is especially important during emergencies or peak times when quick response is crucial.

  • Scalable for Hubs of All Sizes

From small regional stations to large international airports, Mapsted’s IoT solutions are scalable to any transportation hub. With minimal hardware requirements, Mapsted’s solutions are easy to deploy and expand as the facility grows, so they are future-proof.

Challenges and Concerns

  • Data Security and Privacy

In this digital age, data privacy is key. Mapsted ensures all data collected is anonymous and compliant with global privacy regulations like GDPR. This means with these methods, train station visitor analytics and airport asset tracking can be done safely and securely, so passenger and staff privacy is always a top priority.

  • Implementation Costs

IoT asset tracking systems have upfront costs but Mapsted’s minimal hardware approach means implementation is cost effective. Fewer anchor nodes are required and long battery life (up to 8 years) means the total cost of ownership is lower than traditional systems.

  • Scalability and Future Proofing

Mapsted’s IoT solutions are designed to scale easily so transportation hubs can start small and grow as needed. Whether it’s a small train station or a large airport, Mapsted’s solutions integrate with existing systems and are future-proof.

Conclusion: The Future of IoT in Transportation

In 2024, IoT asset tracking will continue to transform the transportation industry by optimizing operations, improving safety and reducing costs. Mapsted’s IoT devices are the future-proof, cost-effective solution that works with data privacy at its core. Transportation hubs that invest in IoT solutions like Mapsted will be ready for tomorrow. If you found this blog helpful, don’t miss our blog post on Revolutionizing Operations with Mapsted’s IoT Solutions for Businesses: A Glimpse into Technology, Benefits and Applications or watch our video on Discover Unparalleled Building Visibility with Real-Time Anonymous Heat Mapping to learn more.

Frequently Asked Questions

Q1. How does IoT asset tracking improve operational efficiency?

Ans. Mapsted’s IoT asset tracking system provides real-time data on asset location and movement, so transportation hubs can allocate resources better, deploy staff more efficiently, work effectively in train station footfall counter and reduce operational costs.

Q2. Is data collected by Mapsted IoT devices secure?

Ans. Yes, Mapsted’s IoT devices collect anonymous data and comply with global privacy regulations like GDPR, so data is secure.

Q3. How scalable are Mapsted’s IoT solutions?

Ans. Mapsted’s IoT solutions are highly scalable, have minimal hardware and are adaptable for any size of transportation hub.

Q4. What is the cost of implementing IoT asset tracking in transportation hubs?

Ans. There are initial costs, but Mapsted’s minimal hardware and long battery life mean lower implementation and maintenance costs, so it’s a transportation hub asset tracking solution is a cost-effective solution.

Q5. How does IoT improve safety in transportation hubs?

Ans. Mapsted’s Badge provides real-time personnel monitoring, so it’s safer by ensuring compliance with safety protocols and faster response to emergencies.

Futurize Your Facility With Advanced Location Technology – Fill Out This Form Today for a Free Mapsted Demo!

Full Name

Work Email

Company Name

Phone No.

Industry

Country

Request a Demo

See how Mapsted’s technology can help your business grow with a demo from one of our experts.

Request Demo
Copyright © 2014-2025 Mapsted Corp. All rights reserved.