GPS Tracking Device Market Size, Share, Analysis Report

GPS Tracking Device Market Size, By Deployment Type (Commercial Vehicle, Cargo & Container), Industry (Transportation & Logistics, Metals & Mining, and Construction), By Type (Standalone Tracker, OBD Device & Advance Tracker), By Region, Market Analysis Report, Forecast -Executive Data Report

The GPS Tracking Device market is expected to grow more than US$ 5 billion by 2027, at a CAGR of 12.9% during the forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

12

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The global marketplace for GPS tracking devices is gaining momentum thanks to the adoption of higher technologies across several sectors. The impetus given to security systems and better management of resources will play a pivotal in enhancing market growth. GPS (Ground Positioning System) technology is widely wont to determine the precise location of vehicles and other mobile entities. The knowledge regarding the moving object are often transmitted to a central control unit or also can be stored within the tracking device. The system uses satellite, radio, or cellular modems fitted with the tracking device; devices enabled with GPS are often wont to track the mobile objects. The device’s location uses geometric coordinates to position the thing on a map. The GPS tracking system is split into three parts viz. basic, intermediate, and advance design.

The GPS Tracking Device market is expected to grow more than US$ 5 billion by 2027, at a CAGR of 12.9% during the forecast period.

A GPS tracking unit may be a device, normally carried by a moving vehicle or person, that uses the worldwide Positioning System to work out and track its precise location, and hence that of its carrier, at intervals. the newest trend during this market is growth in commercial vehicle resulting in the expansion of GPS system, they are small in size, easy to hold, which can further develop the market in future. There is need of GPS tracking devices for several applications like Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government; others will create an enormous marketplace for the GPS tracking devices.

Global GPS Tracking Device market is segmented based on the Deployment Type as Commercial Vehicle, Cargo & Container. On the basis of Industry, the global GPS Tracking Device market is segregated as Transportation & Logistics, Metals & Mining, and Construction. The report segments global GPS Tracking Device market based on Type as Standalone Tracker, OBD Device & Advance Tracker.

Global GPS Tracking Device market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional GPS Tracking Device market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of GPS Tracking Device market manufacturers. The revenue generated from the sales of GPS Tracking Device manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation The key players considered are Orbocomm Inc. (US), Sierra Wireless Inc. (Canada), Queclink Wireless Solutions Co., Ltd (China), Shenzhen Concox Information Technology Co. (China), Laird plc (UK), TomTom International BV (Netherlands), Meitrack Group (China), Teltonika UAB (Lithuania), ATrack Technology Inc. (Taiwan), Trackimo LLC (US), Geotab Inc. (Canada), Xirgo Technologies, Inc. (US), Shenzhen Coban Electronics Co., Ltd. (China), Maestro Wireless Solutions Ltd. (China), and Ruptel UAB (Lithuania).  in the GPS Tracking Device market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

The GPS Tracking Device Market has been segmented as below:

GPS Tracking Device Market, By Deployment Type

  • Cargo and Container
  • Commercial Vehicle
  • Others

GPS Tracking Device Market, By Type

  • OBD Device
  • Advance Tracker
  • Standalone Tracker

GPS Tracking Device Market, By Industry

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

Education

  • Retail
  • Hospitality
  • Agriculture
  • Healthcare

GPS Tracking Device Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Report scope:

The global GPS Tracking Device market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

Reasons to Buy this Report:

  • Gain comprehensive insights on the industry trends
  • Identify industry opportunities and key growth segments
  • Obtain complete market study on the GPS Tracking Device market

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1.    Introduction

1.1.    Key Points
1.2.    Report Description
1.3.    Markets Covered
1.4.    Stakeholders

2.    Research Methodology

2.1.    Research Scope
2.2.    Market Research Process
2.3.    Research Data Analysis
2.3.1.    Secondary Research
2.3.2.    Primary Research
2.3.3.    Models for Estimation
2.4.    Market Size Estimation
2.4.1.    Bottom-Up Approach
2.4.2.    Top-Down Approach

3.    Executive Summary

4.    GPS Tracking Device Market, By Deployment Type

4.1.    Key Points
4.2.    Commercial Vehicle
4.2.1.    Market Overview
4.2.2.    Market Size & Forecast
4.3.    Cargo and Container
4.3.1.    Market Overview
4.3.2.    Market Size & Forecast
4.4.    Others
4.4.1.    Market Overview
4.4.2.    Market Size & Forecast

5.    GPS Tracking Device Market, By Type

5.1.    Key Points
5.2.    Standalone Tracker
5.2.1.    Market Overview
5.2.2.    Market Size & Forecast
5.3.    Advance Tracker
5.3.1.    Market Overview
5.3.2.    Market Size & Forecast
5.4.    OBD Device
5.4.1.    Market Overview
5.4.2.    Market Size & Forecast

6.    GPS Tracking Device Market, By Industry

1.1.    Key Points
6.1.    Oil & Gas
1.1.1.    Market Overview
1.1.2.    Market Size & Forecast
6.2.    Metals & Mining
1.1.3.    Market Overview
1.1.4.    Market Size & Forecast
6.3.    Government
1.1.5.    Market Overview
1.1.6.    Market Size & Forecast
6.4.    Transportation & Logistics
1.1.7.    Market Overview
1.1.8.    Market Size & Forecast
6.5.    Construction
1.1.9.    Market Overview
1.1.10.    Market Size & Forecast
6.6.    Others
6.6.1.    Education
6.6.1.1.    Market Overview
6.6.1.2.    Market Size & Forecast
6.6.2.    Retail
6.6.2.1.    Market Overview
6.6.2.2.    Market Size & Forecast
6.6.3.    Hospitality
6.6.3.1.    Market Overview
6.6.3.2.    Market Size & Forecast
6.6.4.    Agriculture
6.6.4.1.    Market Overview
6.6.4.2.    Market Size & Forecast
6.6.5.    Healthcare
6.6.5.1.    Market Overview
6.6.5.2.    Market Size & Forecast

7.    GPS Tracking Device Market, By Region

7.1.    North America
7.1.1.    North America Industrial Floor Coating, By Deployment Type
7.1.2.    North America Industrial Floor Coating, By Industry
7.1.3.    North America Industrial Floor Coating, By Type
7.1.4.    By Country
7.1.4.1.    U.S
7.1.4.2.    Canada
7.1.4.3.    Mexico
7.2.    Europe
7.2.1.    Europe Industrial Floor Coating, By Deployment Type
7.2.2.    Europe Industrial Floor Coating, By Type
7.2.3.    Europe Industrial Floor Coating, By Industry
7.2.4.    By Country
7.2.4.1.    U.K
7.2.4.2.    Germany
7.2.4.3.    Italy
7.2.4.4.    France
7.2.4.5.    Rest of Europe
7.3.    Asia Pacific
7.3.1.    Asia Pacific Industrial Floor Coating, By Deployment Type
7.3.2.    Asia Pacific Industrial Floor Coating, By Industry
7.3.3.    Asia Pacific Industrial Floor Coating, By Type
7.3.4.    By Country
7.3.4.1.    China
7.3.4.2.    Australia
7.3.4.3.    Japan
7.3.4.4.    South Korea
7.3.4.5.    India
7.3.4.6.    Rest of Asia Pacific
7.4.    Rest of World
7.4.1.    Rest of World Industrial Floor Coating, By Deployment Type
7.4.2.    Rest of World Industrial Floor Coating, By Industry
7.4.3.    Rest of World Industrial Floor Coating, By Type
 

The GPS Tracking Device Market has been segmented as below:

GPS Tracking Device Market, By Deployment Type

  • Cargo and Container
  • Commercial Vehicle
  • Others

GPS Tracking Device Market, By Type

  • OBD Device
  • Advance Tracker
  • Standalone Tracker

GPS Tracking Device Market, By Industry

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

Education

  • Retail
  • Hospitality
  • Agriculture
  • Healthcare

GPS Tracking Device Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 12.9% during the study period (2022-2027)
The GPS Tracking Device market is expected to grow more than US$ 5 billion by 2027
The segment included in GPS Tracking Device market is Coverage, Offering, Vertical, User Facility, Technology, Ownership and region.
Some key players operating in the GPS Tracking Device market include Orbocomm Inc. (US), Sierra Wireless Inc. (Canada), Queclink Wireless Solutions Co., Ltd (China), Shenzhen Concox Information Technology Co. (China), Laird plc (UK)
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