Samsara report puts annual cost of equipment theft, loss at £9.7 million for mid-size firms without tracking
IOT•Theft, delays and replacement spending
The report says 71% of untracked operations report equipment theft each quarter, while 25% of new equipment budgets go to replacing stolen or lost assets.
It also says 77% report a major shutdown or delay in the past 12 months tied to a missing critical asset, and the average time to locate items is 25 days.
Insurance pressure cited in the UK and Ireland
UK and Ireland respondents cite insurance pressure, with 37% reporting higher premiums linked to theft and loss.
Report estimates high costs from untracked equipment
Samsara’s 2026 State of Connected Operations report estimates mid-size firms without asset tracking lose GBP 9.7 million a year to equipment theft.
Missing assets valued below GBP 7,400 account for 72% of the operational cost, pointing to recurring losses in smaller equipment.
