GPS Tracking Devices Market Outlook
The GPS Tracking Devices Market size is expected to register a growth rate of 12.4% during the forecast period from $4.35 Billion in 2025 to $9.9 Billion in 2032. The GPS Tracking Devices market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on GPS Tracking Devices segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (OBD (On Board Devices), Standalone Tracker, Advance Tracker), By Deployment (Commercial Vehicle, Cargo and Container, Others), By Tracking Device (Satellite, Cellular), By Component (GPS Loggers, Personal GPS Trackers, Real-Time GPS Trackers, Others), By End-User (Transportation & Logistics, Automotive & Aerospace, Construction, Oil & Gas, Metals & Mining, Others). Over 70 tables and charts showcase findings from our latest survey report on GPS Tracking Devices markets.
GPS Tracking Devices Market Insights, 2025
The GPS tracking devices market is evolving rapidly as businesses and individuals increasingly rely on real-time location tracking for security, logistics, and asset management. Fleet management solutions remain a major driver, with logistics and transportation companies utilizing GPS trackers to optimize route planning, monitor fuel efficiency, and improve vehicle security. Personal GPS tracking for elderly care, child safety, and pet monitoring is also gaining traction as consumers seek enhanced security solutions. The market is seeing a shift toward smaller, longer-lasting battery-powered GPS devices with IoT integration, enabling seamless connectivity across smart applications. Additionally, regulatory mandates in commercial transportation, such as electronic logging devices (ELDs), are further propelling market growth. Advancements in satellite technology and AI-driven analytics are also improving tracking accuracy and predictive maintenance capabilities.
Five Trends that will define global GPS Tracking Devices market in 2025 and Beyond
A closer look at the multi-million market for GPS Tracking Devices identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading GPS Tracking Devices companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of GPS Tracking Devices vendors.
What are the biggest opportunities for growth in the GPS Tracking Devices industry?
The GPS Tracking Devices sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
GPS Tracking Devices Market Segment Insights
The GPS Tracking Devices industry presents strong offers across categories. The analytical report offers forecasts of GPS Tracking Devices industry performance across segments and countries. Key segments in the industry include- By Type (OBD (On Board Devices), Standalone Tracker, Advance Tracker), By Deployment (Commercial Vehicle, Cargo and Container, Others), By Tracking Device (Satellite, Cellular), By Component (GPS Loggers, Personal GPS Trackers, Real-Time GPS Trackers, Others), By End-User (Transportation & Logistics, Automotive & Aerospace, Construction, Oil & Gas, Metals & Mining, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, GPS Tracking Devices market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global GPS Tracking Devices industry ecosystem. It assists decision-makers in evaluating global GPS Tracking Devices market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the GPS Tracking Devices industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific GPS Tracking Devices Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe GPS Tracking Devices Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for GPS Tracking Devices with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key GPS Tracking Devices market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US GPS Tracking Devices market Insights- Vendors are exploring new opportunities within the US GPS Tracking Devices industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US GPS Tracking Devices companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American GPS Tracking Devices market.
Latin American GPS Tracking Devices market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa GPS Tracking Devices Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African GPS Tracking Devices markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern GPS Tracking Devices markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How GPS Tracking Devices companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include CalAmp Corp, Geotab Inc, Laird PLC, ORBCOMM, Queclink Wireless Solutions Co. Ltd, Shenzhen Concox Information Technology Co. Ltd, Sierra Wireless Inc, Sitael S.p.A., Teltonika UAB, Tomtom International BV, Trackimo LLC.
GPS Tracking Devices Market Segmentation
By Type
OBD (On Board Devices)
Standalone Tracker
Advance Tracker
By Deployment
Commercial Vehicle
Cargo and Container
Others
By Tracking Device
Satellite
Cellular
By Component
GPS Loggers
Personal GPS Trackers
Real-Time GPS Trackers
Others
By End-User
Transportation & Logistics
Automotive & Aerospace
Construction
Oil & Gas
Metals & Mining
Others
Leading Companies
CalAmp Corp
Geotab Inc
Laird PLC
ORBCOMM
Queclink Wireless Solutions Co. Ltd
Shenzhen Concox Information Technology Co. Ltd
Sierra Wireless Inc
Sitael S.p.A.
Teltonika UAB
Tomtom International BV
Trackimo LLC
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