GPS Tracker Market - Research and Markets

GPS Tracker Markets Report Size, Trends & Growth Opportunity, By Type (Standalone Tracker, Advance Tracker, OBD Device), By Deployment type (Commercial Vehicle, Cargo & Container, Others), By Industry (Transportation & logistic, Construction, Oil & Gas, metals & mining, Government, Others), By Region (North America, Asia Pacific, Europe, Latin America, The Middle East and Africa) and forecast till 2027

GPS Tracker Markets Report

To track and determine the current location GPS tracker device is used. The moving vehicle or people are typically using this device to know the exact current location. The main driving factor for the GPS Tracking Device Market is IoT and cloud technology. The GPS Tracker has been developed with modern technology that can deliver various applications with its special features.

Market Drivers

The important factors that drive the growth of the GPS tracking device market include increase in demand for IoT and cloud technology and surge in commercial vehicle sales. Moreover, the Tracking device industry is another main driver of the global market. As a result, the Vehicle tracking system market is growing its speed with the more engagement of the key drivers.

Market Restraints

The Global GPS Tracking Device Market has few restraints that can create a threat to the global market’s production and sales. The poor user experience because of environmental factors might be a restraint for the international market’s growth. Moreover, the impact of non-standard products can be a restraint for the GPS tracking device producers and the global market growth.

Market Segmentation

The Global GPS Tracking Device Market is segmented By Type (Standalone Tracker, Advance Tracker, OBD Device), By Deployment type the market is fragmented into (Commercial Vehicle, Cargo & Container, Others), By Industry it is divided in to (Transportation & logistic, Construction, Oil & Gas, metals & mining, Government, Others), By Region (North America, Asia Pacific, Europe, Latin America, The Middle East and Africa)

Regional Analysis

Based on the regional classification, the Global GPS Tracking Device Market is broadly spread across various regions of the world. Top-performing regions are North America, Europe, Asia-Pacific, and the Rest of the World. North America is held accountable for making the highest GPS Tracking Device Market Share in the previous forecast years out of all the regions. The Demand for GPS vehicle tracking device is high in that region. The European GPS tracking device market is a mature one and is expected to sustain its position in the coming years.

Market Key Players

Key players in the GPS Tracking Device Market include Sierra Wireless Inc., Orbocomm, Atrack Technology, Geotab Inc, Meitrack Group, Box Telematics, Calamp, Corp., Starcom System Ltd.,and Concox Wireless Solution, Trackimo Group

Industry development

In March 2017, LMU-200 and LMU-2640 were launched by Calamp.
In March 2017, Class B vessel tracking solution was developed with the collaboration of Orbocomm, Pole Star Space Applications Limited, and Weatherdock.
In April 2017, Sierra Wireless, Inc. acquired the GNSS embedded module business of GlobalTop Technology (Taiwan). Under this acquisition, the GNSS embedded modules of GlobalTop will become the part of Sierra Wireless OEM Solution products.

Frequently Asked Questions about the GPS Tracker Market

What is the estimated value of the GPS Tracker Market?

The GPS Tracker Market was estimated to be valued at $1780 Million in 2020.

What is the growth rate of the GPS Tracker Market?

The growth rate of the GPS Tracker Market is 15.7%, with an estimated value of $4930 Million by 2027.

What is the forecasted size of the GPS Tracker Market?

The GPS Tracker Market is estimated to be worth $4930 Million by 2027.

Who are the key companies in the GPS Tracker Market?

Key companies in the GPS Tracker Market include Sierra Wireless Inc., Orbocomm, Atrack Technology, Geotab Inc, Meitrack Group, Box Telematics, Calamp, Corp., Starcom System Ltd. and Concox Wireless Solution.

Report Attribute	Details
No. of Pages	185
Published	October 2021
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 1780 Million
Forecasted Market Value ( USD ) by 2027	$ 4930 Million
Compound Annual Growth Rate	15.7%
Regions Covered	Global
No. of Companies Mentioned	11

1 Introduction

1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

2 Research Methodology

2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary

4 GPS Tracker Market Outlook

4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GPS Tracker Market, By Type

5.1 Y-o-Y Growth Comparison, By Type
5.2 GPS Tracker Market Share Analysis, By Type
5.3 GPS Tracker Market Size and Forecast, By Type
5.3.1 Standalone Tracker
5.3.2 Advance Tracker
5.3.3 OBD Device

6 GPS Tracker Market, By Deployment type

6.1 Y-o-Y Growth Comparison, By Deployment type
6.2 GPS Tracker Market Share Analysis, By Deployment type
6.3 GPS Tracker Market Size and Forecast, By Deployment type
6.3.1 Commercial Vehicle
6.3.2 Cargo & Container
6.3.3 Others

7 GPS Tracker Market, By Industry

7.1 Y-o-Y Growth Comparison, By Industry
7.2 GPS Tracker Market Share Analysis, By Industry
7.3 GPS Tracker Market Size and Forecast, By Industry
7.3.1 Transportation & logistic
7.3.2 Construction
7.3.3. Oil & Gas
7.3.4 metals & mining
7.3.5 Government
7.3.6 Others

8 GPS Tracker Market, By Region

8.1 GPS Tracker Market Share Analysis, By Region
8.2 GPS Tracker Market Share Analysis, By Region
8.3 GPS Tracker Market Size and Forecast, By Region

9 North America GPS Tracker Market Analysis and Forecast (2021-2027)

9.1 Introduction
9.2 North America GPS Tracker Market Share Analysis, By Type
9.3 North America GPS Tracker Market Size and Forecast, By Deployment type
9.4 North America GPS Tracker Market Size and Forecast, By Industry
9.5 North America GPS Tracker Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico

10 Europe GPS Tracker Market Analysis and Forecast (2021-2027)

10.1 Introduction
10.2 Europe GPS Tracker Market Share Analysis, By Type
10.3 Europe GPS Tracker Market Size and Forecast, By Deployment type
10.4 Europe GPS Tracker Market Size and Forecast, By Industry
10.5 Europe GPS Tracker Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe

11 Asia Pacific GPS Tracker Market Analysis and Forecast (2021-2027)

11.1 Introduction
11.2 Asia Pacific GPS Tracker Market Share Analysis, By Type
11.3 Asia Pacific GPS Tracker Market Size and Forecast, By Deployment type
11.4 Asia Pacific GPS Tracker Market Size and Forecast, By Industry
11.5 Asia Pacific GPS Tracker Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific

12 Latin America GPS Tracker Market Analysis and Forecast (2021-2027)

12.1 Introduction
12.2 Latin America GPS Tracker Market Share Analysis, By Type
12.3 Latin America GPS Tracker Market Size and Forecast, By Deployment type
12.4 Latin America GPS Tracker Market Size and Forecast, By Industry
12.5 Latin America GPS Tracker Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America

13 Middle East GPS Tracker Market Analysis and Forecast (2021-2027)

13.1 Introduction
13.2 Middle East GPS Tracker Market Share Analysis, By Type
13.3 Middle East GPS Tracker Market Size and Forecast, By Deployment type
13.4 Middle East GPS Tracker Market Size and Forecast, By Industry
13.5 Middle East GPS Tracker Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa

14 Competitive Analysis

14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies

15 Company Profiles

15.1 Sierra Wireless Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Meitrack Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Atrack Technology
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Orbocomm,
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Geotab Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Box Telematics
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Geotab Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Concox Wireless Solution
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Trackimo Group
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Calamp, Corp.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies