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UK Vehicle Tracking System Market (2023-2028) by Vehicle Type, Components, Technology, and System Type, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis

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    Report

  • 211 Pages
  • January 2023
  • Region: United Kingdom
  • Infogence Global Research
  • ID: 5567011
The UK’s Vehicle Tracking System Market is estimated to be USD 1.38 Bn in 2023 and is expected to reach USD 2.97 Bn by 2028, growing at a CAGR of 16.56%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.

Market Segmentations

The UK’s Vehicle Tracking System Market is segmented based on Vehicle Type, Components, Technology, and System Type.
  • By Vehicle Type, the market is classified into Passenger Cars and Commercial Cars
  • By Components, the market is classified into Hardware and Software.
  • By Technology, the market is classified into Global Positioning System (GPS), General Packet Radio Service (GPRS), Global Navigation Satellite System, Connectivity Technology, and Dual Mode.
  • By System Type, the market is classified into Active System and Passive System.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are RAM Tracking, Tracker, Rewire Security, Fleetsmart, Amazon.com, Inc., Quartix, Masternaut, Ctrack, Geotab, Inc., Selectautosystem, SmarTrack, Teltonika, Verizon Communication, Inc., Nuevastech, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the UK’s Vehicle Tracking System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the UK’s Vehicle Tracking System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the UK’s Vehicle Tracking System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Analyst Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Integration of Real-Time Monitoring and Fuel Management in Vehicles
4.1.2 Safety and Security Concerns Within Transportation Services
4.1.3 Increase in Fleet and Supply Chain Operations
4.2 Restraints
4.2.1 Additional Cost of Tracker
4.3 Opportunities
4.3.1 Rise in Adoption of Intelligent Transport Systems and Connected Vehicle
4.3.2 Emergence of 5G into Vehicle Connectivity
4.3.3 Rise in Adoption of Mobility-As-a-Service (Maas)
4.4 Challenges
4.4.1 Atmospheric Inference Concern
4.4.2 Data Privacy Infringement and Cyber Security Threats

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of Covid-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis

6 UK’s Vehicle Tracking System Market, By Vehicle Type
6.1 Introduction
6.2 Passenger Cars
6.3 Commercial Cars

7 UK’s Vehicle Tracking System Market, By Components
7.1 Introduction
7.2 Hardware
7.3 Software

8 UK’s Vehicle Tracking System Market, By Technology
8.1 Introduction
8.2 Global Positioning System (GPS)
8.3 General Packet Radio Service (GPRS)
8.4 Global Navigation Satellite System
8.5 Connectivity Technology
8.6 Dual Mode

9 UK’s Vehicle Tracking System Market, By System Type
9.1 Introduction
9.2 Active System
9.3 Passive System

10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements

11 Company Profiles
11.1 Amazon.com, Inc.
11.2 Ctrack
11.3 Fleetsmart
11.4 Geotab, Inc.
11.5 Masternaut
11.6 Nuevastech
11.7 Quartix
11.8 RAM Tracking
11.9 Rewire Security
11.10 Selectautosystem
11.11 SmarTrack
11.12 Teltonika
11.13 Tracker
11.14 Verizon Communication, Inc.

12 Appendix
12.1 Questionnaire

Companies Mentioned

  • Amazon.com, Inc.
  • Ctrack
  • Fleetsmart
  • Geotab, Inc.
  • Masternaut
  • Nuevastech
  • Quartix
  • RAM Tracking
  • Rewire Security
  • Selectautosystem
  • SmarTrack
  • Teltonika
  • Tracker
  • Verizon Communication, Inc.

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