GPS Tracking Device Market Size, Share, Growth, Forecast 2030

GPS Tracking Device Market

GPS Tracking Device Market: by Type (Advance Tracker, Standalone Tracker, and OBD Device) by Deployment (Commercial Vehicle, Cargo & Container, and Others) by Industry (Transportation & Logistics , Metals & Mining, Construction, Oil & Gas, Government, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025.

Category: Semiconductor & Electronics Report Format : PDF Pages: 142 Report Code: ZMR-5233 Published Date: Feb-2020 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD 2.1 Billion USD 4.6 Billion 11.8% 2018

The global GPS tracking device market size was evaluated at $2.1 billion in 2018 and is slated to hit $4.6 billion by the end of 2025 with a CAGR of nearly 11.8% between 2018 and 2025.

The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global market space. The GPS tracking device market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the GPS tracking device industry report explores the investor and stakeholder space to help companies make data-driven decisions.

GPS Tracking Device Market: Overview

This report analyzes and estimates the GPS tracking device at global, regional, and country level. The research study provides historic data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Billion). Assessment of the GPS tracking device provides detailed insights of the market drivers and restraints along with their impact analysis at global level from 2016 to 2025.

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The report covers in-depth analysis of the strategies adopted by major competitors in the GPS tracking device. To understand the competitive landscape in the GPS tracking device, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein type, deployment, industry, and regional segments are benchmarked on the basis of their market size and growth rate.

Hardness Testing Machine Market: Competitive Space

Detailed analysis of the major players in the global GPS tracking device includes their financial overview, business strategies, recent developments, and the product offered by them in the market. This will help in assessing the market competition. Key competitors included in this report are Calamp Corp., Orbocomm Inc., Sierra Wireless Inc., TomTom International BV, Queclink Wireless Solutions Co., Ltd., Shenzhen Concox Information Technology Co., Laird plc, Meitrack Group, Teltonika UAB, ATrack Technology Inc., Trackimo LLC, and Geotab Inc. among others.

GPS Tracking Device Market: Report Scope

Report Attributes Report Details
Report Name GPS Tracking Device Market Research Report
Market Size in 2018 USD 2.1 billion
Market Forecast in 2025 USD 4.6 billion
Growth Rate CAGR of 11.8%
Number of Pages 210
Key Companies Covered Calamp Corp., Orbocomm Inc., Sierra Wireless Inc., TomTom International BV, Queclink Wireless Solutions Co., Ltd., Shenzhen Concox Information Technology Co., Laird plc, Meitrack Group, Teltonika UAB, ATrack Technology Inc., Trackimo LLC, and Geotab Inc
Segments Covered By Type, By Deployment, By Industry and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2016 to 2019
Forecast Year 2018 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Hardness Testing Machine Market: Regional Insights

The research study provides a decisive view on the GPS tracking device based on type, deployment, industry, and region. All the segments of the GPS tracking device have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025. Based on type, the global GPS tracking device is further divided into advance tracker, standalone tracker, and standalone tracker. commercial vehicle, cargo & container, and others form the deployment segment of global GPS tracking device.

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The industry segment is bifurcated into transportation & logistics, metals & mining, construction, oil & gas, government and others. The regional segmentation comprises the past, present, and estimated demand for Middle East & Africa, North America, Asia Pacific, Latin America and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.

The report segments global GPS tracking device market as follows:

GPS Tracking Device Market: Type Segment Analysis

  • Advance Tracker
  • Standalone Tracker
  • OBD Device

GPS Tracking Device Market: Deployment Segment Analysis

  • Commercial Vehicle
  • Cargo & Container
  • Others

GPS Tracking Device Market: Industry Segment Analysis

  • Transportation & Logistics
  • Metals & Mining
  • Construction
  • Oil & Gas
  • Government
  • Others

GPS Tracking Device Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

A GPS tracking device is a technology that uses the Global Positioning System (GPS) to determine the precise location of a person, vehicle, asset, or object in real-time. GPS is a satellite-based navigation system that consists of a network of satellites orbiting the Earth.

The demand for GPS tracking devices is driven by the increasing adoption of fleet management solutions by businesses to optimize operations, improve route efficiency, monitor driver behavior, reduce fuel costs, and enhance overall logistics.

global demand for GPS tracking device market was valued at USD 2.1 Billion in 2018, and is expected to reach USD 4.6 Billion in 2025.

the GPS tracking device market is anticipated to record a CAGR of nearly 11.8% from 2023 to 2030.

The regional segmentation comprises the past, present, and estimated demand for Middle East & Africa, North America, Asia Pacific, Latin America and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.

Key competitors included in this report are Calamp Corp., Orbocomm Inc., Sierra Wireless Inc., TomTom International BV, Queclink Wireless Solutions Co., Ltd., Shenzhen Concox Information Technology Co., Laird plc, Meitrack Group, Teltonika UAB, ATrack Technology Inc., Trackimo LLC, and Geotab Inc. among others.

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