Global GPS Tracking Device Market
The research report on ‘global GPS tracking device market’ provides a complete analysis of market growth, market trends, segmentation, and market forecast. This report also offers in-depth information about major players operating in the global as well as the local market.
The global GPS tracking device market size is estimated to reach USD 3.49 billion during the forecast period. Growing commercial vehicles sales, affordable price, small form factor, and high ROI are major factors fueling the global GPS tracking device market growth.
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The global GPS tracking device market is segmented depending on the type, application, and regions. Depending on the type, the global GPS tracking device market is sub-segmented into OBD device, advance tracker, and standalone tracker. Among these, the advance tracker segment is accounted for the largest global GPS tracking device market share owing to its huge popularity.
On the basis of application, the market is sub-segmented into mining and metal, construction, and logistics & transportations. Based on the geographical region, the global GPS tracking device market is divided into Europe, North America, Asia Pacific, Central, and South America, and MEA. Among these, the Asia Pacific market is anticipated to dominate for the highest global GPS tracking device market share owing to the growing popularity of automation.
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The global GPS tracking device market is very fragmented as the many leading players present in this market. These players are trying to improve their product portfolio to increase the market share. Some of the top players of the global GPS tracking device market are Teltonika UAB, TomTom International BV, PLC, Concox Wireless Solution Co., Calamp Corp, ATrack Technology Inc, and Trackimo LLC.
Key segments of the global GPS tracker device market
Type Overview, 2015-2025 (USD Million)
- Standalone tracker
- OBD device
- Advance tracker
Application Overview, 2015-2025 (USD Million)
- Transportation & Logistics
- Metals & mining
Regional Overview, 2015-2025 (USD Million)
- North America
- Asia Pacific
- Middle East and Africa
- Central & South America
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