Vehicle Tracking System Market, By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By End Use (Transportation & Logistics, Construction & Manufacturing, Aviation, Retail, Government & Defense, and Others), By Technology Type (GPS/Satellite, GPRS/Cellular Networks, and Dual Mode), By Type (Active, Passive), By Component Type (Software (Performance Measurement, Vehicle Diagnostics, Fleet Analytics and Reporting, Driver Behavior Monitoring, and Others), Hardware (OBD Device/tracker & advance tracker, Standalone Tracker)), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
When it comes to running a business with fleet vehicles, one of the most important things to consider is a vehicle tracking system. This will give access to vital information that can help manage a business effectively and efficiently. It is also an ideal tool to ensure the safety of vehicles and drivers, as well as help achieve compliance requirements. Vehicle tracking systems allow businesses to streamline their route planning process. This can save time and money, while ensuring that drivers are sending the closest car to the next job. This can help increase the productivity of drivers, and most companies will see higher revenue to the bottom line with this functionality in place.
Market Dynamics:
Vehicle Tracking System Market is anticipated to gain traction from the rising demand for telematics solutions. The use of these systems enables fleet operators to improve efficiency through real-time traffic alerts, route planning, and cargo safety. They also help in reducing fuel expenses and administrative costs.
However, the lack of network infrastructure in underdeveloped regions and the rise in data privacy violations are expected to impede growth of the global vehicle tracking system market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global vehicle tracking system market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global vehicle tracking system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Trackimo Inc., Verizon, Laipac Technology Inc., Geotab Inc., Xirgo Technologies, Llc., Cartrack, Orbcomm Inc., Tomtom International B.V., Teltonika, and Calamp
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global vehicle tracking system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vehicle tracking system market
Detailed Segmentation:
Global Vehicle Tracking System Market, By Vehicle Type:
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Vehicle Tracking System Market, By End Use:
Transportation & Logistics
Construction & Manufacturing
Aviation
Retail
Government & Defense
Others
Global Vehicle Tracking System Market, By Technology Type:
GPS/Satellite
GPRS/Cellular Networks
Dual Mode
Global Vehicle Tracking System Market, By Type:
Active
Passive
Global Vehicle Tracking System Market, By Component Type:
Hardware
OBD Device/tracker & advance tracker
Standalone Tracker
Software
Performance Measurement
Vehicle Diagnostics
Fleet Analytics and Reporting
Driver Behavior Monitoring
Others
Global Vehicle Tracking System Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Verizon
Geotab Inc.
Cartrack
Tomtom International B.V
Calamp
Teltonika
Orbcomm Inc.
Xirgo Technologies, Llc
Laipac Technology Inc
Trackimo Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Vehicle Type
Market Snapshot, By End Use
Market Snapshot, By Technology Type
Market Snapshot, By Type
Market Snapshot, By Component Type
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing transportation and logistics industry
Need for enhancement in operational efficiency
Restraints
High cost and complexity
Growing adoption of hardware-agnostic tracking solutions
Opportunities
Emerging cloud computing
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Vehicle Tracking System Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Vehicle Tracking System Market , By Vehicle Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Passenger Vehicles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Light Commercial Vehicles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Heavy Commercial Vehicles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. Global Vehicle Tracking System Market , By End Use, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Transportation & Logistics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Construction & Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Aviation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Retail
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Government & Defense
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
7. Global Vehicle Tracking System Market , By Technology Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
GPS/Satellite
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
GPRS/Cellular Networks
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Dual Mode
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
8. Global Vehicle Tracking System Market , By Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Active
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Passive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
9. Global Vehicle Tracking System Market , By Component Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Performance Measurement
Vehicle Diagnostics
Fleet Analytics and Reporting
Driver Behavior Monitoring
Others
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
OBD Device/tracker & advance tracker
Standalone Tracker
10. Global Vehicle Tracking System Market , By Region, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2017-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2017-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2017-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2017-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component Type, 2017-2030,(US$ Bn)
11. Competitive Landscape
Verizon
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Geotab
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Cartrack
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Tomtom International V.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Calamp
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Teltonika
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Orbcomm
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Xirgo Technologies,
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Laipac Technology
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Trackimo Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
12. Section
Research Methodology
About us
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