The GPS Tracking Device Market was valued at USD 3.17 billion in 2023 and is expected to reach USD 10.03 billion by 2032, growing at a CAGR of 13.69% over the forecast period 2024-2032.
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There is significant growth for the GPS Tracking Device Market in technology adoption with increased adoption of AI-powered tracking, integration with 5G, and IoT-enabled solutions to provide more real-time tracking. Fab utilization on GPS chipsets remains high on robust demand from automotive and logistics. LTE, 4G, and 5G cellular-based connectivity are the most widely used, while satellite and RFID-enabled trackers are limited to specific use cases. Trackers come with different types of batteries, rechargeable for trackers on fleets where periodic charging is viable, long-life batteries for tracking cargo, and wired devices for permanent installation on a vehicle. Apple AirTags dominated the U.S. smart tag market with a 69% penetration in 2024, while Garmin's range of fitness watches and auto GPS devices was boosted by a 12.6% sales growth that took revenue to USD 6.3 billion. Market growth is also propelled by the increasing adoption of GPS in consumer electronics and outdoor activities.
The U.S. GPS Tracking Device Market is estimated to be USD 0.62 Billion in 2023 and is projected to grow at a CAGR of 13.44%. The growth of the U.S. GPS Tracking Device Market is fueled by growing demand for fleet management, asset tracking, vehicle security, and IoT-driven telematics. Implementation of government regulations, increasing e-commerce logistics, smart city initiatives, AI-based tracking, and 5G connectivity will drive adoption in industry verticals.
Key Drivers:
Revolutionizing Fleet Management with AI-powered GPS Tracking for Smarter Logistics and Seamless Operations
The global economic GPS tracking device market is primarily driven by the growing demand for fleet management solutions in industries such as transportation, logistics, and construction. GPS trackers are being increasingly integrated into commercial vehicles due to their growing necessity for real-time tracking of vehicles, fuel usage, and driver behavior. Moreover, the market growth is driven by strict government regulations for vehicle tracking especially in the public transportation and hazardous goods transportation sector. The rapidly surging e-commerce coupled with the last-mile delivery services has also proliferated the need for GPS solutions, which assist in seamless route optimization, thereby facilitating timely delivery. Moreover, with the ongoing development in IoT and artificial intelligence (AI), GPS tracking capabilities may also have predictive analytics, geofencing, and remote diagnostics, adding tremendous value to businesses.
Restrain:
Navigating GPS Tracking Challenges with Enhanced Data Security Reliable Signals and Regulatory Compliance Solutions
Data privacy and security concerns are some of the major primary aspects such as challenges in the GPS tracking device market. As the world has become more dependent on the use of GPS technology through fleet management and tracking cargo or even monitoring people, the dangers of cyber-attacks, data breaches, and unauthorized intervention have multiplied. Processing sensitive location data brings a heavy fine under stringent data protection laws, including GDPR and CCPA, as a fatal idea for the business, complicating the operation and escalating compliance burdens for companies. In addition, signal reliability problems in cities, underground places, and faraway areas are a great task. When using GPS to track objects, it can easily be inaccurate because the GPS signal is blocked by many tall buildings, tunnels, and dense forests, causing business operations and decision-making to be affected.
Opportunity:
Unlocking Growth in Cargo Tracking with GPS Telematics 5G Blockchain and Digital Fleet Automation
The market opportunities in the cargo and container tracking segment have been supported by a rise in global trade and the adoption of smart solutions addressing supply chain management processes. Metals and mining are another new sector as the demand for monitoring of remote assets and worker safety in hazardous environments grows. Moreover, the combination of GPS, telematics, 5G, and blockchain technology will drive new opportunities for innovation, bringing security and transparency to asset tracking. The Asia-Pacific region and Latin America represent significant opportunities for growth as sectors continuously invest in digital transformation and fleet automation.
Challenges:
Overcoming GPS Integration Challenges with Advanced Satellite Technology Robust Hardware and IoT Connectivity
Another major challenge lies in the technology, and integrating complexity of GPS tracking system. Competitors continuously offer innovative products and services that make it harder for businesses to integrate GPS solutions with enterprise resource planning (ERP) system deployments, telematics platforms, IoT networks, and other systems that reduce inefficiencies by enabling the use of rich amounts of data. In addition, GPS devices can be affected by extreme temperatures, humidity, dust, electromagnetic interference, mechanical shock, and vibration, which can significantly reduce hardware performance and lifetime; and industries such as mining, oil & gas, and maritime transport are noted for putting heavy environmental stress on equipment. Overcoming these challenges is not impossible, but will require ongoing advances in satellite technology and GPS signal processing capabilities.
By Type
Standalone Trackers had a share of 43.5% of the global GPS tracking device market in 2023, as they are commonly applied for fleet management and personal and vehicle tracking. They are very easy to install and very cheap but what is most preferable is that they work on their own without using an external vehicle system. Widespread remaining adoption amongst industries including transportation, logistics, and construction added to their leading position within the market.
The advanced tracker segment is projected to boast the highest CAGR from 2024 to 2032, owing to the rising demand for artificial intelligence-driven, Internet of Things-enabled, and real-time analytics-based tracking solutions. For industries like smart logistics, autonomous vehicles, and asset management, the added capabilities that the devices in question provide such as predictive maintenance, geofencing, and remote diagnostics, are invaluable. In the upcoming years, rapid advancements in GPS trackers will also be fueled by the growing utilization of 5G connectivity and cloud-based telematics.
By Deployment
The GPS tracking device market was dominated in 2023 by Commercial Vehicles, with a market value share of 65.3% due to the increasing demand for fleet management, vehicle security, and compliance with regulations. This dominance was aided by the extent to which GPS tracking was implemented in logistics, ride-hailing services, public transport, and trucking industries. GPS solutions are being used by more businesses nowadays to track fuel usage, driving habits, and route efficiency, which translates into increased efficiency at lower operational costs.
Cargo & Containers is anticipated to grow in the fastest CAGR from 2024 to 2032, owing to increasing global trade, supply chain digitalization, and demand to track shipments in real-time. Rising usage of GPS Tracker with IoT function assures security, route visibility, and temperature screening of spoiling commodities. Tighter regulations regarding the tracking of cargo, in addition to the usage of telematics and blockchain technology, will continue to propel the adoption of GPS tracking in the shipping & logistics sector as well.
By Industry
The GPS tracking device market was dominated by Transportation & Logistics, accounting for 41.4% of the market share in 2023, primarily due to the need for real-time fleet monitoring, route optimization, and fuel efficiency management. This, along with the booming e-commerce, last-mile delivery service, and freight transportation sectors, has surged the requirement for GPS tracking solutions. Furthermore, rising government regulations for vehicle tracking for safety and regulatory compliance purposes in public and private transportation further support market growth in the segment over the project years.
From 2024 to 2032, the segment of Metals & Mining is anticipated to achieve the highest CAGR, chiefly owing to increasing demand for remote asset tracking, worker safety, and efficient fleet management in hazardous environments. Today, mining companies are increasingly adopting GPS-enabled tracking solutions that empower them to monitor heavy machinery, optimize the use of resources, and ensure the safety and security of mining operations. IoT, AI-powered predictive analytics, and satellite-based tracking technologies are further expected to bring in massive developments in this space.
Europe held a significant share of 34.7% of the GPS tracking device market in 2023, due to increasing government regulations and the development of logistics infrastructure along with high penetration of telematics in fleet management across the region. Policies implemented by the European Union (EU) force compliance such as required GPS tracking of commercial vehicles by the EU Mobility Package and adherence to tachograph regulations. In countries such as Germany, the UK, and France, GPS tracking solutions have been embraced widely in public transport, ride-sharing, and freight operations. Deutsche Post DHL Group tracks GPS extensively to streamline last-mile deliveries with logistical efficiency. In the same way, TomTom Telematics (Webfleet) has been a prominent vendor in vehicle tracking and telematics solutions for European fleets, allowing them to improve operational efficiency and driver safety.
Asia-Pacific is expected to grow over the fastest CAGR from 2024 to 2032 with increasing urbanization, expanding e-commerce sector, and growing adoption of enabled solutions in transportation and supply chain management. Strong demand for GPS trackers in China, India, and Japan is being driven by government initiatives including India´s AIS-140 mandate for GPS trackers in commercial vehicles to enhance road safety. For example, JD Logistics in China combines GPS tracking with AI-based route optimization to improve delivery performance. High Dependency on GPS Tracking for Customer Service Enhancements: Furthermore, Grab and Gojek, the forerunners of the ride-hailing and delivery platforms in Southeast Asia, are significantly driven by GPS tracking, to augment customer service experience and guide the driver on his/her way to work as well, which is in turn, fueling the growth of GPS tracking device in the region.
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Some of the major players in the GPS Tracking Device Market are:
Teltonika Telematics [FMB920],
Navtelecom [START S-201x],
Queclink Wireless Solutions [GL300W],
Jimi IoT [VL501],
Ruptela [Trace5 NA],
Suntech International [ST310U],
GLONASSsoft [UMKa-300],
Sensata INSIGHTS [VTS1000],
FleetGuide [FG360],
ERM Electronic Systems [StarLink Tracker],
Garmin Ltd. [GPSMAP Series],
TomTom International B.V. [TomTom Telematics],
Trimble Inc. [Fleet Management Solutions],
Geotab Inc. [GO Device],
CalAmp Corp. [LMU Series].
Recent Trends
In November 2024, Queclink launched the GL533CG, a waterproof LTE Cat 1 asset tracker with RF433 and BLE 5.2, enhancing stolen cargo recovery and precise asset positioning.
In August 2024, Garmin launched its refreshed dēzl OTR navigator series, featuring community-driven insights to help truck drivers find parking, loading docks, and key locations.
| Report Attributes | Details |
| Market Size in 2023 | USD 3.17 Billion |
| Market Size by 2032 | USD 10.03 Billion |
| CAGR | CAGR of 13.69% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Standalone Trackers, OBD Devices, Advance Trackers) • By Deployment (Commercial Vehicles, Cargo & Containers) • By Industry (Transportation & Logistics, Construction, Government, Oil & Gas, Metals & Mining, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Teltonika Telematics, Navtelecom, Queclink Wireless Solutions, Jimi IoT, Ruptela, Suntech International, GLONASSsoft, Sensata INSIGHTS, FleetGuide, ERM Electronic Systems, Garmin Ltd., TomTom International B.V., Trimble Inc., Geotab Inc., CalAmp Corp. |
Ans: The GPS Tracking Device Market is expected to grow at a CAGR of 13.69% during 2024-2032.
Ans: GPS Tracking Device Market size was USD 3.17 billion in 2023 and is expected to Reach USD 10.03 billion by 2032.
Ans: The major growth factor of the GPS Tracking Device Market is the increasing demand for real-time fleet management, asset tracking, and IoT-driven telematics solutions across transportation, logistics, and security sectors.
Ans: The Standalone Trackers segment dominated the GPS Tracking Device Market in 2023.
Ans: Europe dominated the GPS Tracking Device Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Technology Adoption Trends
5.2 Fab Capacity Utilization for GPS Chipsets
5.3 Connectivity Type Breakdown
5.4 GPS Tracker Battery Life & Preferences
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and Promotional Activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. GPS Tracking Device Market Segmentation, By Type
7.1 Chapter Overview
7.2 Standalone Trackers
7.2.1 Standalone Trackers Market Trends Analysis (2020-2032)
7.2.2 Standalone Trackers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 OBD Devices
7.3.1 OBD Devices Market Trends Analysis (2020-2032)
7.3.2 OBD Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Advance Trackers
7.4.1 Advance Trackers Market Trends Analysis (2020-2032)
7.4.2 Advance Trackers Market Size Estimates and Forecasts to 2032 (USD Billion)
8. GPS Tracking Device Market Segmentation, By Deployment
8.1 Chapter Overview
8.2 Commercial Vehicles
8.2.1 Commercial Vehicles Market Trends Analysis (2020-2032)
8.2.2 Commercial Vehicles Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Cargo & Containers
8.3.1 Cargo & Containers Market Trends Analysis (2020-2032)
8.3.2 Cargo & Containers Market Size Estimates and Forecasts to 2032 (USD Billion)
9. GPS Tracking Device Market Segmentation, By Industry
9.1 Chapter Overview
9.2 Transportation & Logistics
9.2.1 Transportation & Logistics Market Trends Analysis (2020-2032)
9.2.2 Transportation & Logistics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Construction
9.3.1 Construction Market Trends Analysis (2020-2032)
9.3.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Government
9.4.1 Government Market Trends Analysis (2020-2032)
9.4.2 Government Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Oil & Gas
9.5.1 Oil & Gas Market Trends Analysis (2020-2032)
9.5.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Metals & Mining
9.6.1 Metals & Mining Market Trends Analysis (2020-2032)
9.6.2 Metals & Mining Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Others
9.7.1 Others Market Trends Analysis (2020-2032)
9.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.4 North America GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.2.5 North America GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.6.2 USA GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.2.6.3 USA GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.7.2 Canada GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.2.7.3 Canada GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.2.8.2 Mexico GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.2.8.3 Mexico GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.1.6.3 Poland GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.1.7.3 Romania GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.1.8.3 Hungary GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.1.9.3 Turkey GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.5 Western Europe GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.6.3 Germany GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.7.2 France GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.7.3 France GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.8.2 UK GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.8.3 UK GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.9.3 Italy GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.10.3 Spain GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.13.3 Austria GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.5 Asia Pacific GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.6.2 China GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.6.3 China GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.7.2 India GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.7.3 India GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.8.2 Japan GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.8.3 Japan GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.9.2 South Korea GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.9.3 South Korea GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.10.3 Vietnam GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.11.2 Singapore GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.11.3 Singapore GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.12.2 Australia GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.12.3 Australia GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.4 Middle East GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.1.5 Middle East GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.1.6.3 UAE GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.1.7.3 Egypt GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.1.9.3 Qatar GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.4 Africa GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.2.5 Africa GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.2.6.3 South Africa GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America GPS Tracking Device Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.4 Latin America GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.6.5 Latin America GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.6.2 Brazil GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.6.6.3 Brazil GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.7.2 Argentina GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.6.7.3 Argentina GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.8.2 Colombia GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.6.8.3 Colombia GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America GPS Tracking Device Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America GPS Tracking Device Market Estimates and Forecasts, By Deployment (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America GPS Tracking Device Market Estimates and Forecasts, By Industry (2020-2032) (USD Billion)
11. Company Profiles
11.1 Teltonika Telematics.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Navtelecom
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Queclink Wireless Solutions
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Jimi IoT.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Ruptela.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Suntech International
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 GLONASSsoft.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Sensata INSIGHTS.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 FleetGuide
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 ERM Electronic Systems.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
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Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
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This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type
Standalone Trackers
OBD Devices
Advance Trackers
By Deployment
Commercial Vehicles
Cargo & Containers
By Industry
Transportation & Logistics
Construction
Government
Oil & Gas
Metals & Mining
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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