GPS Tracking Device Market Trends, Top Players Updates, Future Plans 2030

The GPS Tracking Device Market was valued at USD 3.1 Bn in 2023 and is expected to reach USD 7.34 Bn by 2030, at a CAGR of 13.1 % during the forecast period.

GPS Tracking Device Market Overview:

A groundbreaking report on the GPS Tracking Device Market has been released, offering a deep dive into the industry’s current landscape and future prospects. This report meticulously examines market dynamics, historical performance, and revenue projections, providing investors and stakeholders with invaluable insights.

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GPS Tracking Device Market Report Scope & Research Methodology:

The report delves into the GPS Tracking Device Market at global, regional, and country levels, offering a comprehensive analysis of market dynamics, including drivers, restraints, challenges, and opportunities. Utilizing a bottom-up approach, the market size was estimated, supported by thorough primary research through interviews with key industry experts and secondary research reviewing leading manufacturers’ annual and financial reports. SWOT analysis was employed to identify key players’ strengths, weaknesses, opportunities, and threats.

GPS Tracking Device Market Regional Insights:

Regional analysis in the report sheds light on the GPS Tracking Device Market across various countries, considering political, geographic, and consumer behavior factors that significantly influence the market. Detailed explanations of each factor, coupled with information on market size, growth rates, and import-export dynamics, provide a holistic understanding of regional market trends.

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GPS Tracking Device Market Segmentation:

by Technology

Standalone Tracker
OBD Device
Advance Tracker

by Type

Data Loggers
Data Pushers
Data Pullers

by Application

Automotive
Aerospace & Defense
Healthcare
Transportation
Others

GPS Tracking Device Market Key Players: 

North America:

1. Garmin Ltd. – Olathe, Kansas, USA
2. Trimble Inc. – Sunnyvale, California, USA
3. CalAmp Corp. – Irvine, California, USA
4. Geotab Inc. – Oakville, Ontario, Canada
5. Spireon Inc. – Irvine, California, USA
6. Orbcomm Inc. – Rochelle Park, New Jersey, USA
7. Globalstar Inc. – Covington, Louisiana, USA

Europe:

1. TomTom N.V. – Amsterdam, Netherlands
2. MiX Telematics Ltd. – Stellenbosch, South Africa (Regional HQ: Manchester, UK)
3. Teltonika UAB- Vilnius, Lithuania
4. Frotcom International – Lisbon, Portugal
5. Grupo UDA – Mexico City, Mexico
6. Grupo Precisão – São Paulo, Brazil
7. Maxtrack – São Paulo, Brazil
8. Pointer Telocation Ltd. – São Paulo, Brazil

Asia-Pacific:

1. Meitrack Group – Shenzhen, China
2. Queclink Wireless Solutions Co., Ltd. – Shanghai, China
3. ATrack Technology Inc. – Taipei, Taiwan
4. Concox Information Technology Co., Ltd. – Guangzhou, China
5. SinoTrack – Shenzhen, China

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Key Questions Answered:

• Which segment dominated the GPS Tracking Device Market share in Historic Period?
• Which segment is forecasted to witness the highest CAGR?
• Who are the key players driving industry innovation?
• What factors will drive market growth?
• What is the expected market size by Forecast Period?
• Which region commands the largest market share?
• What is the projected CAGR during the forecast period?

Key Offerings

The report includes:

• Past Market Size and Competitive Landscape
• Market Size, Share, and Forecast by Segment forecast period
• Market Dynamics: Growth Drivers, Restraints, Opportunities, and Trends
• Competitive Landscape: Profiles of Key Players and Competitive Benchmarking
• PESTLE Analysis, PORTER’s Analysis, Value Chain, and Supply Chain Analysis
• Legal Aspects of Business by Region
• SWOT Analysis and Recommendations

About Maximize Market Research

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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