Market Summary
Research Methodology on GPS Tracking Device Market
1. Introduction
This report examines the global GPS Tracking Device Market. In this report, the global GPS Tracking Device Market is studied from both a supplier's and a customer's perspective. The purpose of this study is to provide an overview of the global GPS Tracking Device Market, including the main players, trends, drivers, challenges, and opportunities. In addition, the report presents a detailed analysis of the regional and global market and highlights key market segments.
2. Research Design
To gain a better understanding of the global GPS Tracking Device Market, various research techniques and methodologies were employed. These techniques include both primary and secondary research which included a thorough review of the relevant literature, industry publications and government reports.
Secondary research sources include published reports from organizations such as the World Bank and International Monetary Fund. Analysis of industry-specific market statistics is collected from the Global Tracking and Surveillance Database, released by the International Transportation Industry Association. Data from various trade shows, including the World Transport Association's Annual Conference and Exhibition, were also utilized.
Primary research sources included both telephone interviews and surveys conducted with CEOs, executive managers, and other high-level decision-makers in the global GPS Tracking Device Market. These interviews provide an understanding of the current trends and dynamics in the market.
Data collected from both these sources is analyzed and compiled into a comprehensive report. The report also includes a comprehensive discussion and analysis of the relevant theoretical and conceptual frameworks.
3. Data Triangulation
To validate the findings of the research, data triangulation was used. This involves combining the findings from both primary and secondary research sources. The objectives of data triangulation are to ensure accuracy, provide evidence for the validity and reliability of the findings, verify and strengthen the conclusions, and identify discrepancies in the data. The data is analyzed using both qualitative and quantitative methods and the results were checked for consistency and validity, using the triangulation technique.
4. Conclusion
This report provides an overview of the GPS Tracking Device Market. It has highlighted the key drivers, challenges, and opportunities for the market. The report also presents a detailed analysis of the regional and global GPS Tracking Device Market, focusing on the key players, trends, drivers, and opportunities. The report also includes a comprehensive discussion and analysis of the relevant theoretical and conceptual frameworks and data triangulation techniques.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 3.1 billion |
Market Size 2024 | USD 3.4 billion |
Market Size 2032 | USD 7.9 billion |
Compound Annual Growth Rate (CAGR) | 12.9% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2021- 2022 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product Type, Operating Platforms, and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Verizon Wireless (U.S), Concox Information Technology Co. Ltd. (China), Calamp Corp. (US), Orbocomm Inc. (US), Sierra Wireless Inc. (Canada), Atrack Technology Inc. (Taiwan), Tomtom International Bv (Netherlands), Spy tech Inc. (U.S), Queclink Wireless Solutions Co. Ltd., and Laipac Technology Inc. (Canada) |
Key Market Opportunities | Rising Sales of Commercial Vehicles |
Key Market Dynamics | Improving Market for IoT & Cloud Technology Increasing Functionality |
Major Players
GPS Tracking Device Market Segmentation
GPS Tracking Device Type Outlook (USD Billion, 2019-2032)
Covert GPS Trackers
Standalone Tracker
Advance Tracker
GPS Tracking Device Components Outlook (USD Billion, 2019-2032)
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
GPS Tracking Device End User Outlook (USD Billion, 2019-2032)
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
GPS Tracking Device Regional Outlook (USD Billion, 2019-2032)
North America Outlook (USD Billion, 2019-2032)
North America GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
North America GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
North America GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
US Outlook (USD Billion, 2019-2032)
US GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
US GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
US GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
CANADA Outlook (USD Billion, 2019-2032)
CANADA GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
CANADA GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
CANADA GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Europe Outlook (USD Billion, 2019-2032)
Europe GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Europe GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Europe GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Germany Outlook (USD Billion, 2019-2032)
Germany GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Germany GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Germany GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
France Outlook (USD Billion, 2019-2032)
France GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
France GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
France GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
UK Outlook (USD Billion, 2019-2032)
UK GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
UK GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
UK GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
ITALY Outlook (USD Billion, 2019-2032)
ITALY GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
ITALY GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
ITALY GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
SPAIN Outlook (USD Billion, 2019-2032)
Spain GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Spain GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Spain GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Rest Of Europe Outlook (USD Billion, 2019-2032)
Rest Of Europe GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
REST OF EUROPE GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
REST OF EUROPE GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Asia-Pacific Outlook (USD Billion, 2019-2032)
Asia-Pacific GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Asia-Pacific GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Asia-Pacific GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
China Outlook (USD Billion, 2019-2032)
China GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
China GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
China GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Japan Outlook (USD Billion, 2019-2032)
Japan GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Japan GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Japan GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
India Outlook (USD Billion, 2019-2032)
India GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
India GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
India GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Australia Outlook (USD Billion, 2019-2032)
Australia GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Australia GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Australia GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Rest of Asia-Pacific Outlook (USD Billion, 2019-2032)
Rest of Asia-Pacific GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Rest of Asia-Pacific GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Rest of Asia-Pacific GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Rest of the World Outlook (USD Billion, 2019-2032)
Rest of the World GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Rest of the World GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Rest of the World GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Middle East Outlook (USD Billion, 2019-2032)
Middle East GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Middle East GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Middle East GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Africa Outlook (USD Billion, 2019-2032)
Africa GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Africa GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Africa GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Latin America Outlook (USD Billion, 2019-2032)
Latin America GPS Tracking Device by Type
Covert GPS Trackers
Standalone Tracker
Advance Tracker
Latin America GPS Tracking Device by Components
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Latin America GPS Tracking Device by End User
Automotive and Aerospace
Healthcare
Transportation
Government and Defense
Leave a Comment