GPS Tracking Device Market

GPS Tracking Device Market (Type: Standalone Trackers, OBD Devices, Advanced Trackers; Deployment: Commercial Vehicles, Cargo & Containers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global GPS Tracking Device Market Outlook 2031

  • The global industry was valued at US$ 2.8 Bn in 2022
  • It is estimated to advance at a CAGR of 11.9% from 2023 to 2031 ad reach US$ 7.4 Bn by the end of 2031

Analysts’ Viewpoint

Increase in demand for fleet and asset-tracking solutions in commercial and passenger vehicles and rise in search and rescue operations across the globe are significant GPS tracking device market drivers. Scenarios such as vehicle breakdowns, unauthorized stops, or any kind of crime related to the fleet are easily monitored and managed with the help of GPS trackers.

Numerous businesses and organizations are making huge investments in GPS trackers. Key manufacturers are developing advanced and portable GPS trackers for their customers. They are also introducing GPS trackers with dash cameras that offer comprehensive tracking surveillance with real-time video visibility and insight. Integration of insurance telematics tracker with GPS tracker to offer usage-based insurance (UBI) is creating value-grab GPS tracking device market opportunities. However, higher running costs and lack of location accuracy are expected to hamper the market dynamics during the forecast period.

Gps Tracking Device Market

GPS Tracking Device Market Overview

GPS tracking is an advanced technology that uses satellite signals to determine the real-time precise location of the asset or vehicle. The real-time GPS tracker utilizes a series of satellites to determine location. It uses the position of three or more satellites from the Global Navigation Satellite System (GNSS) network to obtain information such as latitude, longitude, ground speed, and course direction of the object.

GPS tracking devices are used by fleet managers and vehicle owners to offer improved customer service, optimize routing, increase cargo security, and understand the behavior of the driver. Small to large-scale companies are aggressively adopting GPS tracking devices to manage a growing fleet of vehicles and transportation equipment such as storage containers. Several fleet business owners are deploying fleet tracking systems to achieve greater return on investment (ROI) by savings on fuel, vehicle operation, and fleet maintenance. Standalone trackers, OBD devices, and advanced trackers are some of the common types of GPS tracking devices.

Growth in Deployment of GPS Trackers for Commercial and Passenger Fleet Tracking

Real-time location data provided by GPS tracking has significant value for fleet management, enabling the visualization of the exact position of vehicles at any given time. This capability proves particularly beneficial, as it empowers businesses and organizations to optimize their operations and achieve a higher ROI.

Fleet tracking enables the management to access actual information on field execution, labor efficiency, vehicle and asset utilization, risky driving habits, vehicle health, and maintenance requirements, which can lead to more informed decision-making and improved overall performance.

Thus, companies adopt fleet tracking solutions for various compelling reasons, including heightened ROI, increased productivity, theft recovery, and improved safety for both employees and assets. Furthermore, optimizing vehicle utilization can lead to a reduction in fleet size, resulting in significant cost savings on maintenance, operation, and replacement expenses.

Major players are implementing innovative strategies to enhance their capabilities to develop GPS tracking devices for fleet management. In October 2022, GPS Insight acquired Certified Tracking Solutions, a company specializing in GPS telematics, connected transportation, industrial IoT solutions, and fleet tracking and management. This strategic move enhances GPS Insight's position in the fleet and field service management domains, enriching its range of solutions and offering customers a more robust suite of services.

Increase in Search and Rescue Operations Globally to Drive Market Expansion

Search and rescue operations play a critical role in emergencies involving potential risks to human lives. GPS tracking technology is employed to aid in these operations, enabling rescue teams to monitor their search areas and gather information from lost smartphones or GPS devices of individuals.

Personal GPS trackers have become crucial tools in search and rescue missions. These trackers significantly enhance the efficiency of finding missing persons by providing real-time location data. GPS tracking systems help increase the possibility of a successful rescue and improve survival prospects.

GPS trackers used in search and rescue operations serve a variety of essential functions, including locating missing individuals, tracking rescue teams, tracking vehicles and equipment utilized in the mission, surveying hazardous areas, and ensuring situational awareness throughout the operation.

According to the Search and Rescue Satellite-Aided Tracking (SARSAT), around 161 people were rescued in 2023 in the U.S. Among these, 131 people were rescued in 46 incidents at sea, aviation rescued 15 people in 9 incidents, and terrestrial PLB rescued 15 people in 15 incidents.

Rise in Demand for Standalone Trackers Augmenting Market Development

In terms of type, the global market segmentation comprises standalone trackers, OBD devices, and advanced trackers. The standalone trackers segment is projected to account for major share of the global market during the forecast period.

Standalone GPS devices come in both wired and wireless variants, providing reliable real-time tracking and monitoring capabilities. Wired standalone GPS devices offer tamper-proof features, ensuring they cannot be easily removed or disabled, making them a preferred choice for businesses seeking full fleet control.

Furthermore, these standalone GPS devices exhibit robust durability, making them suitable for heavy-duty vehicles, as they can withstand harsh weather conditions. Thus, rise in demand for standalone devices is contributing to the GPS tracking device market revenue.

Surge in Demand for Commercial Vehicles with GPS Tracking Devices to Fuel Market Statistics

In terms of deployment, the commercial vehicles segment accounted for the largest GPS tracking device market share in 2022. This segment is likely to dominate the global market during the forecast period.

Commercial vehicles are extensively utilized in various industries such as construction, food & beverage, pharmaceuticals, landscaping, oil & gas, and mining. These vehicles are also used by police and first responders. GPS tracking solutions are widely employed in commercial vehicles, to enhance efficiency and performance, thereby enabling real-time monitoring, engine diagnostics, vehicle health assessment, and driver behavior analysis.

Notably, trucks serve as a flexible, convenient, and cost-effective means of connecting places beyond the reach of trains, planes, and ships. Therefore, their demand is anticipated to rise in the near future.

Regional Outlook of Global GPS Tracking Device Industry

According to the GPS tracking device market analysis, Europe is estimated to dominate the global market during the forecast period. Europe held approximately 34.0% share of the global market in 2022 due to the rise in application of GPS tracking devices for security and resource management in the region.

Increase in number of light-duty and heavy-duty vehicles in Europe is also contributing to the market progress. Presently, major truck manufacturers in the Europe market offer OEM telematics solutions as part of their product portfolio. Moreover, stringent regulations are imposed by governments and transportation authorities on fleet operators to enhance road safety and reduce emissions. This factor is fueling the demand for fleet tracking solutions in the region.

The GPS tracking device market size of North America is anticipated to increase during the forecast period, owing to the rise in demand for GPS trackers in commercial vehicles in the region. According to the data from the American Trucking Associations (ATA), trucks play a significant role in the U.S. freight industry, moving approximately 72.6% of the country's freight by weight.

Analysis of Key Players

The global landscape is fragmented, with the presence of a large number of vendors controlling majority of the market share. According to the latest GPS tracking device market forecast, several firms are spending significantly on comprehensive new product developments, research, and launches. Expansion of product portfolios and mergers & acquisitions are major strategies adopted by key players.

Geotab Inc., ArusNavi, ATrack Technology Inc., Navtelecom, LLC, Queclink Wireless Solutions Co., Ltd., CalAmp Corp., Meitrack Group, Sensata Technologies Inc., Shenzhen Eelink Communication Technology Co. Ltd., Sierra Wireless, Inc., Trackimo, Ruptela, AT&T Inc., and GPS Insight are the leading players operating in the global GPS tracking device market. These players are following the GPS tracking device market trends to avail lucrative revenue opportunities.

Key Developments

  • In June 2021, Ossia, a company known for its expertise in wireless power, partnered with Sensata-Xirgo Technologies to develop the Cota-powered Trailer Tracking Yard Management Solution. This innovative solution aims to address the issue of misplaced trailers and containers at extensive distribution centers, which are vital for major retailers and logistics companies.
  • In July 2020, Meitrack Group launched the P88L, a smaller and lighter GPS tracker with various features. The device includes two-way calling, polygonal geo-fence alert, SOS alert, man-down alert, and a smart working mode. This new tracking device is specifically tailored for children and the elderly.

Key players have been profiled in the GPS tracking device market report based on various parameters such as product portfolio, latest developments, financial overview, company overview, business strategies, and business segments.

Market Snapshot

Attribute Detail

Market Value in 2022

US$ 2.8 Bn

Market Forecast Value in 2031

US$ 7.4 Bn

Growth Rate (CAGR)

11.9%

Forecast Period

2023-2031

Historical Data Available for

2017-2021

Quantitative Units

US$ Bn for Value and Million Units for Volume

Market Analysis

It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2022)
  • Company profiles section includes an overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Type
    • Standalone Trackers
    • OBD Devices
    • Advanced Trackers
  • Deployment
    • Commercial Vehicles
    • Cargo & Containers
  • Application
    • Fleet Management
    • Asset Management
    • Others (Personal Tracking, Waste & Recycling Management, etc.)
  • Industry Vertical
    • Transportation & Logistics
    • Aerospace & Defense
    • Government
    • Oil & Gas
    • Construction
    • Metals & Mining
    • BFSI
    • Others (Food & Beverage, Energy & Utility, Healthcare, etc.)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • The U.K.
  • Germany
  • France
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • GCC
  • South Africa
  • Brazil

Companies Profiled

  • ArusNavi
  • AT&T Inc.
  • ATrack Technology Inc.
  • CalAmp Corp.
  • Geotab Inc.
  • GPS Insight
  • Meitrack Group
  • Navtelecom, LLC
  • Queclink Wireless Solutions Co., Ltd.
  • Ruptela
  • Sensata Technologies Inc
  • Shenzhen Eelink Communication Technology Co. Ltd.
  • Sierra Wireless, Inc.
  • Trackimo

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global GPS tracking device market in 2022?

The global market was valued at US$ 2.8 Bn in 2022

How is the GPS tracking device industry expected to grow by 2031?

It is expected to advance at a CAGR of 11.9% by 2031

How much worth the GPS tracking device business will be in 2031?

It would be worth US$ 7.4 Bn in 2031

What was the share of the U.S. in the GPS tracking device sector in 2022?

The U.S. held 21.0% share in in 2022

Which GPS tracking device type segment accounted for major share in 2022?

In terms of type, the standalone trackers segment accounted for major share in 2022

What are the prominent GPS tracking device market trends?

Rise in adoption of GPS tracking devices in wearables and integration of GPS tracking devices with IoT and cloud computing

Which region recorded highest demand for GPS tracking devices in 2022?

Europe recorded the highest demand in 2022

Who are the prominent GPS tracking device manufacturers?

Geotab Inc., ArusNavi, ATrack Technology Inc., Navtelecom, LLC, Queclink Wireless Solutions Co., Ltd., CalAmp Corp., Meitrack Group, Sensata Technologies Inc., Shenzhen Eelink Communication Technology Co. Ltd., Sierra Wireless, Inc., Trackimo, Ruptela, AT&T Inc., and GPS Insight

    1. Preface

        1.1. Market and Segments Definition

        1.2. Market Taxonomy

        1.3. Research Methodology

        1.4. Assumption and Acronyms

    2. Executive Summary

        2.1. Global GPS Tracking Device Market Overview

        2.2. Regional Outline

        2.3. Industry Outline

        2.4. Market Dynamics Snapshot

        2.5. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Drivers

        3.3. Restraints

        3.4. Opportunities

        3.5. Key Trends

        3.6. Regulatory Scenario

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview - Global Navigation Satellite System (GNSS) Industry Overview

        4.2. Ecosystem Analysis

        4.3. Pricing Analysis

        4.4. Technology Roadmap Analysis

        4.5. Industry SWOT Analysis

        4.6. Porter Five Forces Analysis

    5. Global GPS Tracking Device Market Analysis, by Type

        5.1. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031

            5.1.1. Standalone Trackers

            5.1.2. OBD Devices

            5.1.3. Advanced Trackers

        5.2. Market Attractiveness Analysis, by Type

    6. Global GPS Tracking Device Market Analysis, by Deployment

        6.1. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Deployment, 2017-2031

            6.1.1. Commercial Vehicles

            6.1.2. Cargo & Containers

        6.2. Market Attractiveness Analysis, by Deployment

    7. Global GPS Tracking Device Market Analysis, by Application

        7.1. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031

            7.1.1. Fleet Management

            7.1.2. Asset Management

            7.1.3. Others

        7.2. Market Attractiveness Analysis, by Application

    8. Global GPS Tracking Device Market Analysis, by Industry Vertical

        8.1. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017-2031

            8.1.1. Transportation & Logistics

            8.1.2. Aerospace & Defense

            8.1.3. Government

            8.1.4. Oil & Gas

            8.1.5. Construction

            8.1.6. Metals & Mining

            8.1.7. BFSI

            8.1.8. Others

        8.2. Market Attractiveness Analysis, by Industry Vertical

    9. Global GPS Tracking Device Market Analysis and Forecast, by Region

        9.1. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Region, 2017-2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East & Africa

            9.1.5. South America

        9.2. Market Attractiveness Analysis, by Region

    10. North America GPS Tracking Device Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031

            10.2.1. Standalone Trackers

            10.2.2. OBD Devices

            10.2.3. Advanced Trackers

        10.3. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Deployment, 2017-2031

            10.3.1. Commercial Vehicles

            10.3.2. Cargo & Containers

        10.4. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031

            10.4.1. Fleet Management

            10.4.2. Asset Management

            10.4.3. Others

        10.5. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017-2031

            10.5.1. Transportation & Logistics

            10.5.2. Aerospace & Defense

            10.5.3. Government

            10.5.4. Oil & Gas

            10.5.5. Construction

            10.5.6. Metals & Mining

            10.5.7. BFSI

            10.5.8. Others

        10.6. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031

            10.6.1. U.S.

            10.6.2. Canada

            10.6.3. Rest of North America

        10.7. Market Attractiveness Analysis

            10.7.1. By Type

            10.7.2. By Deployment

            10.7.3. By Application

            10.7.4. By Industry Vertical

            10.7.5. By Country/Sub-region

    11. Europe GPS Tracking Device Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031

            11.2.1. Standalone Trackers

            11.2.2. OBD Devices

            11.2.3. Advanced Trackers

        11.3. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Deployment, 2017-2031

            11.3.1. Commercial Vehicles

            11.3.2. Cargo & Containers

        11.4. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031

            11.4.1. Fleet Management

            11.4.2. Asset Management

            11.4.3. Others

        11.5. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017-2031

            11.5.1. Transportation & Logistics

            11.5.2. Aerospace & Defense

            11.5.3. Government

            11.5.4. Oil & Gas

            11.5.5. Construction

            11.5.6. Metals & Mining

            11.5.7. BFSI

            11.5.8. Others

        11.6. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031

            11.6.1. U.K.

            11.6.2. Germany

            11.6.3. France

            11.6.4. Rest of Europe

        11.7. Market Attractiveness Analysis

            11.7.1. By Type

            11.7.2. By Deployment

            11.7.3. By Application

            11.7.4. By Industry Vertical

            11.7.5. By Country/Sub-region

    12. Asia Pacific GPS Tracking Device Market Analysis and Forecast

        12.1. Market Snapshot

        12.2. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031

            12.2.1. Standalone Trackers

            12.2.2. OBD Devices

            12.2.3. Advanced Trackers

        12.3. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Deployment, 2017-2031

            12.3.1. Commercial Vehicles

            12.3.2. Cargo & Containers

        12.4. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031

            12.4.1. Fleet Management

            12.4.2. Asset Management

            12.4.3. Others

        12.5. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017-2031

            12.5.1. Transportation & Logistics

            12.5.2. Aerospace & Defense

            12.5.3. Government

            12.5.4. Oil & Gas

            12.5.5. Construction

            12.5.6. Metals & Mining

            12.5.7. BFSI

            12.5.8. Others

        12.6. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031

            12.6.1. China

            12.6.2. Japan

            12.6.3. India

            12.6.4. South Korea

            12.6.5. ASEAN

            12.6.6. Rest of Asia Pacific

        12.7. Market Attractiveness Analysis

            12.7.1. By Type

            12.7.2. By Deployment

            12.7.3. By Application

            12.7.4. By Industry Vertical

            12.7.5. By Country/Sub-region

    13. Middle East & Africa GPS Tracking Device Market Analysis and Forecast

        13.1. Market Snapshot

        13.2. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031

            13.2.1. Standalone Trackers

            13.2.2. OBD Devices

            13.2.3. Advanced Trackers

        13.3. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Deployment, 2017-2031

            13.3.1. Commercial Vehicles

            13.3.2. Cargo & Containers

        13.4. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031

            13.4.1. Fleet Management

            13.4.2. Asset Management

            13.4.3. Others

        13.5. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017-2031

            13.5.1. Transportation & Logistics

            13.5.2. Aerospace & Defense

            13.5.3. Government

            13.5.4. Oil & Gas

            13.5.5. Construction

            13.5.6. Metals & Mining

            13.5.7. BFSI

            13.5.8. Others

        13.6. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031

            13.6.1. GCC

            13.6.2. South Africa

            13.6.3. Rest of Middle East & Africa

        13.7. Market Attractiveness Analysis

            13.7.1. By Type

            13.7.2. By Deployment

            13.7.3. By Application

            13.7.4. By Industry Vertical

            13.7.5. By Country/Sub-region

    14. South America GPS Tracking Device Market Analysis and Forecast

        14.1. Market Snapshot

        14.2. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Type, 2017-2031

            14.2.1. Standalone Trackers

            14.2.2. OBD Devices

            14.2.3. Advanced Trackers

        14.3. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Deployment, 2017-2031

            14.3.1. Commercial Vehicles

            14.3.2. Cargo & Containers

        14.4. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031

            14.4.1. Fleet Management

            14.4.2. Asset Management

            14.4.3. Others

        14.5. GPS Tracking Device Market Size (US$ Mn) Analysis & Forecast, by Industry Vertical, 2017-2031

            14.5.1. Transportation & Logistics

            14.5.2. Aerospace & Defense

            14.5.3. Government

            14.5.4. Oil & Gas

            14.5.5. Construction

            14.5.6. Metals & Mining

            14.5.7. BFSI

            14.5.8. Others

        14.6. GPS Tracking Device Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017-2031

            14.6.1. Brazil

            14.6.2. Rest of South America

        14.7. Market Attractiveness Analysis

            14.7.1. By Type

            14.7.2. By Deployment

            14.7.3. By Application

            14.7.4. By Industry Vertical

            14.7.5. By Country/Sub-region

    15. Competition Assessment

        15.1. Global GPS Tracking Device Market Competition Matrix - a Dashboard View

            15.1.1. Global GPS Tracking Device Market Company Share Analysis, by Value (2022)

            15.1.2. Technological Differentiator

    16. Company Profiles (Global Manufacturers/Suppliers)

        16.1. ArusNavi

            16.1.1. Overview

            16.1.2. Product Portfolio

            16.1.3. Sales Footprint

            16.1.4. Key Subsidiaries or Distributors

            16.1.5. Strategy and Recent Developments

            16.1.6. Key Financials

        16.2. AT&T Inc.

            16.2.1. Overview

            16.2.2. Product Portfolio

            16.2.3. Sales Footprint

            16.2.4. Key Subsidiaries or Distributors

            16.2.5. Strategy and Recent Developments

            16.2.6. Key Financials

        16.3. ATrack Technology Inc.

            16.3.1. Overview

            16.3.2. Product Portfolio

            16.3.3. Sales Footprint

            16.3.4. Key Subsidiaries or Distributors

            16.3.5. Strategy and Recent Developments

            16.3.6. Key Financials

        16.4. CalAmp Corp.

            16.4.1. Overview

            16.4.2. Product Portfolio

            16.4.3. Sales Footprint

            16.4.4. Key Subsidiaries or Distributors

            16.4.5. Strategy and Recent Developments

            16.4.6. Key Financials

        16.5. Geotab Inc.

            16.5.1. Overview

            16.5.2. Product Portfolio

            16.5.3. Sales Footprint

            16.5.4. Key Subsidiaries or Distributors

            16.5.5. Strategy and Recent Developments

            16.5.6. Key Financials

        16.6. GPS Insight

            16.6.1. Overview

            16.6.2. Product Portfolio

            16.6.3. Sales Footprint

            16.6.4. Key Subsidiaries or Distributors

            16.6.5. Strategy and Recent Developments

            16.6.6. Key Financials

        16.7. Meitrack Group

            16.7.1. Overview

            16.7.2. Product Portfolio

            16.7.3. Sales Footprint

            16.7.4. Key Subsidiaries or Distributors

            16.7.5. Strategy and Recent Developments

            16.7.6. Key Financials

        16.8. Navtelecom, LLC

            16.8.1. Overview

            16.8.2. Product Portfolio

            16.8.3. Sales Footprint

            16.8.4. Key Subsidiaries or Distributors

            16.8.5. Strategy and Recent Developments

            16.8.6. Key Financials

        16.9. Queclink Wireless Solutions Co., Ltd.

            16.9.1. Overview

            16.9.2. Product Portfolio

            16.9.3. Sales Footprint

            16.9.4. Key Subsidiaries or Distributors

            16.9.5. Strategy and Recent Developments

            16.9.6. Key Financials

        16.10. Ruptela

            16.10.1. Overview

            16.10.2. Product Portfolio

            16.10.3. Sales Footprint

            16.10.4. Key Subsidiaries or Distributors

            16.10.5. Strategy and Recent Developments

            16.10.6. Key Financials

        16.11. Sensata Technologies Inc

            16.11.1. Overview

            16.11.2. Product Portfolio

            16.11.3. Sales Footprint

            16.11.4. Key Subsidiaries or Distributors

            16.11.5. Strategy and Recent Developments

            16.11.6. Key Financials

        16.12. Shenzhen Eelink Communication Technology Co. Ltd.

            16.12.1. Overview

            16.12.2. Product Portfolio

            16.12.3. Sales Footprint

            16.12.4. Key Subsidiaries or Distributors

            16.12.5. Strategy and Recent Developments

            16.12.6. Key Financials

        16.13. Sierra Wireless, Inc.

            16.13.1. Overview

            16.13.2. Product Portfolio

            16.13.3. Sales Footprint

            16.13.4. Key Subsidiaries or Distributors

            16.13.5. Strategy and Recent Developments

            16.13.6. Key Financials

        16.14. Trackimo

            16.14.1. Overview

            16.14.2. Product Portfolio

            16.14.3. Sales Footprint

            16.14.4. Key Subsidiaries or Distributors

            16.14.5. Strategy and Recent Developments

            16.14.6. Key Financials

        16.15. Other Key Players

            16.15.1. Overview

            16.15.2. Product Portfolio

            16.15.3. Sales Footprint

            16.15.4. Key Subsidiaries or Distributors

            16.15.5. Strategy and Recent Developments

            16.15.6. Key Financials

    17. Go to Market Strategy

        17.1. Identification of Potential Market Spaces

        17.2. Preferred Sales & Marketing Strategy

    List of Tables

    Table 1: Global GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Table 2: Global GPS Tracking Device Market Size & Forecast, by Type, Volume (Million Units), 2017-2031

    Table 3: Global GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Table 4: Global GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Table 5: Global GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Table 6: Global GPS Tracking Device Market Size & Forecast, by Region, Value (US$ Mn), 2017-2031

    Table 7: Global GPS Tracking Device Market Size & Forecast, by Region, Volume (Million Units), 2017-2031

    Table 8: North America GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Table 9: North America GPS Tracking Device Market Size & Forecast, by Type, Volume (Million Units), 2017-2031

    Table 10: North America GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Table 11: North America GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Table 12: North America GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Table 13: North America GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Table 14: North America GPS Tracking Device Market Size & Forecast, by Country, Volume (Million Units), 2017-2031

    Table 15: Europe GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Table 16: Europe GPS Tracking Device Market Size & Forecast, by Type, Volume (Million Units), 2017-2031

    Table 17: Europe GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Table 18: Europe GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Table 19: Europe GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Table 20: Europe GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Table 21: Europe GPS Tracking Device Market Size & Forecast, by Country, Volume (Million Units), 2017-2031

    Table 22: Asia Pacific GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Table 23: Asia Pacific GPS Tracking Device Market Size & Forecast, by Type, Volume (Million Units), 2017-2031

    Table 24: Asia Pacific GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Table 25: Asia Pacific GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Table 26: Asia Pacific GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Table 27: Asia Pacific GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Table 28: Asia Pacific GPS Tracking Device Market Size & Forecast, by Country, Volume (Million Units), 2017-2031

    Table 29: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Table 30: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Type, Volume (Million Units), 2017-2031

    Table 31: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Table 32: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Table 33: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Table 34: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Table 35: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Country, Volume (Million Units), 2017-2031

    Table 36: South America GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Table 37: South America GPS Tracking Device Market Size & Forecast, by Type, Volume (Million Units), 2017-2031

    Table 38: South America GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Table 39: South America GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Table 40: South America GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Table 41: South America GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Table 42: South America GPS Tracking Device Market Size & Forecast, by Country, Volume (Million Units), 2017-2031

    List of Figures

    Figure 1: Global GPS Tracking Device Price Trend Analysis (Average Price in US$)

    Figure 2: Global GPS Tracking Device Market, Value (US$ Mn), 2017-2031

    Figure 3: Global GPS Tracking Device Market, Volume (Million Units), 2017-2031

    Figure 4: Global GPS Tracking Device Market Growth Rate, Value (US$ Mn), 2017-2031

    Figure 5: Global GPS Tracking Device Market Growth Rate, Volume (Million Units), 2017-2031

    Figure 6: Global GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Figure 7: Global GPS Tracking Device Market Attractiveness, by Type, Value (US$ Mn), 2023-2031

    Figure 8: Global GPS Tracking Device Market Share Analysis, by Type, 2023 and 2031

    Figure 9: Global GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Figure 10: Global GPS Tracking Device Market Attractiveness, by Deployment, Value (US$ Mn), 2023-2031

    Figure 11: Global GPS Tracking Device Market Share Analysis, by Deployment, 2023 and 2031

    Figure 12: Global GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Figure 13: Global GPS Tracking Device Market Attractiveness, by Application, Value (US$ Mn), 2023-2031

    Figure 14: Global GPS Tracking Device Market Share Analysis, by Application, 2023 and 2031

    Figure 15: Global GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Figure 16: Global GPS Tracking Device Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2023-2031

    Figure 17: Global GPS Tracking Device Market Share Analysis, by Industry Vertical, 2023 and 2031

    Figure 18: Global GPS Tracking Device Market Size & Forecast, by Region, Value (US$ Mn), 2017-2031

    Figure 19: Global GPS Tracking Device Market Attractiveness, by Region, Value (US$ Mn), 2023-2031

    Figure 20: Global GPS Tracking Device Market Share Analysis, by Region, 2023 and 2031

    Figure 21: North America GPS Tracking Device Market, Value (US$ Mn), 2017-2031

    Figure 22: North America GPS Tracking Device Market, Volume (Million Units), 2017-2031

    Figure 23: North America GPS Tracking Device Market Growth Rate, Value, 2017-2031

    Figure 24: North America GPS Tracking Device Market Growth Rate, Volume, 2017-2031

    Figure 25: North America GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Figure 26: North America GPS Tracking Device Market Attractiveness, by Type, Value (US$ Mn), 2023-2031

    Figure 27: North America GPS Tracking Device Market Share Analysis, by Type, 2023 and 2031

    Figure 28: North America GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Figure 29: North America GPS Tracking Device Market Attractiveness, by Deployment, Value (US$ Mn), 2023-2031

    Figure 30: North America GPS Tracking Device Market Share Analysis, by Deployment, 2023 and 2031

    Figure 31: North America GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Figure 32: North America GPS Tracking Device Market Attractiveness, by Application, Value (US$ Mn), 2023-2031

    Figure 33: North America GPS Tracking Device Market Share Analysis, by Application, 2023 and 2031

    Figure 34: North America GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Figure 35: North America GPS Tracking Device Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2023-2031

    Figure 36: North America GPS Tracking Device Market Share Analysis, by Industry Vertical, 2023 and 2031

    Figure 37: North America GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Figure 38: North America GPS Tracking Device Market Attractiveness, by Country, Value (US$ Mn), 2023-2031

    Figure 39: North America GPS Tracking Device Market Share Analysis, by Country, 2023 and 2031

    Figure 40: Europe GPS Tracking Device Market, Value (US$ Mn), 2017-2031

    Figure 41: Europe GPS Tracking Device Market, Volume (Million Units), 2017-2031

    Figure 42: Europe GPS Tracking Device Market Growth Rate, Value, 2017-2031

    Figure 43: Europe GPS Tracking Device Market Growth Rate, Volume, 2017-2031

    Figure 44: Europe GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Figure 45: Europe GPS Tracking Device Market Attractiveness, by Type, Value (US$ Mn), 2023-2031

    Figure 46: Europe GPS Tracking Device Market Share Analysis, by Type, 2023 and 2031

    Figure 47: Europe GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Figure 48: Europe GPS Tracking Device Market Attractiveness, by Deployment, Value (US$ Mn), 2023-2031

    Figure 49: Europe GPS Tracking Device Market Share Analysis, by Deployment, 2023 and 2031

    Figure 50: Europe GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Figure 51: Europe GPS Tracking Device Market Attractiveness, by Application, Value (US$ Mn), 2023-2031

    Figure 52: Europe GPS Tracking Device Market Share Analysis, by Application, 2023 and 2031

    Figure 53: Europe GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Figure 54: Europe GPS Tracking Device Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2023-2031

    Figure 55: Europe GPS Tracking Device Market Share Analysis, by Industry Vertical, 2023 and 2031

    Figure 56: Europe GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Figure 57: Europe GPS Tracking Device Market Attractiveness, by Country, Value (US$ Mn), 2023-2031

    Figure 58: Europe GPS Tracking Device Market Share Analysis, by Country, 2023 and 2031

    Figure 59: Asia Pacific GPS Tracking Device Market, Value (US$ Mn), 2017-2031

    Figure 60: Asia Pacific GPS Tracking Device Market, Volume (Million Units), 2017-2031

    Figure 61: Asia Pacific GPS Tracking Device Market Growth Rate, Value, 2017-2031

    Figure 62: Asia Pacific GPS Tracking Device Market Growth Rate, Volume, 2017-2031

    Figure 63: Asia Pacific GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Figure 64: Asia Pacific GPS Tracking Device Market Attractiveness, by Type, Value (US$ Mn), 2023-2031

    Figure 65: Asia Pacific GPS Tracking Device Market Share Analysis, by Type, 2023 and 2031

    Figure 66: Asia Pacific GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Figure 67: Asia Pacific GPS Tracking Device Market Attractiveness, by Deployment, Value (US$ Mn), 2023-2031

    Figure 68: Asia Pacific GPS Tracking Device Market Share Analysis, by Deployment, 2023 and 2031

    Figure 69: Asia Pacific GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Figure 70: Asia Pacific GPS Tracking Device Market Attractiveness, by Application, Value (US$ Mn), 2023-2031

    Figure 71: Asia Pacific GPS Tracking Device Market Share Analysis, by Application, 2023 and 2031

    Figure 72: Asia Pacific GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Figure 73: Asia Pacific GPS Tracking Device Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2023-2031

    Figure 74: Asia Pacific GPS Tracking Device Market Share Analysis, by Industry Vertical, 2023 and 2031

    Figure 75: Asia Pacific GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Figure 76: Asia Pacific GPS Tracking Device Market Attractiveness, by Country, Value (US$ Mn), 2023-2031

    Figure 77: Asia Pacific GPS Tracking Device Market Share Analysis, by Country, 2023 and 2031

    Figure 78: Middle East & Africa GPS Tracking Device Market, Value (US$ Mn), 2017-2031

    Figure 79: Middle East & Africa GPS Tracking Device Market, Volume (Million Units), 2017-2031

    Figure 80: Middle East & Africa GPS Tracking Device Market Growth Rate, Value, 2017-2031

    Figure 81: Middle East & Africa GPS Tracking Device Market Growth Rate, Volume, 2017-2031

    Figure 82: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Figure 83: Middle East & Africa GPS Tracking Device Market Attractiveness, by Type, Value (US$ Mn), 2023-2031

    Figure 84: Middle East & Africa GPS Tracking Device Market Share Analysis, by Type, 2023 and 2031

    Figure 85: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Figure 86: Middle East & Africa GPS Tracking Device Market Attractiveness, by Deployment, Value (US$ Mn), 2023-2031

    Figure 87: Middle East & Africa GPS Tracking Device Market Share Analysis, by Deployment, 2023 and 2031

    Figure 88: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Figure 89: Middle East & Africa GPS Tracking Device Market Attractiveness, by Application, Value (US$ Mn), 2023-2031

    Figure 90: Middle East & Africa GPS Tracking Device Market Share Analysis, by Application, 2023 and 2031

    Figure 91: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Figure 92: Middle East & Africa GPS Tracking Device Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2023-2031

    Figure 93: Middle East & Africa GPS Tracking Device Market Share Analysis, by Industry Vertical, 2023 and 2031

    Figure 94: Middle East & Africa GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Figure 95: Middle East & Africa GPS Tracking Device Market Attractiveness, by Country, Value (US$ Mn), 2023-2031

    Figure 96: Middle East & Africa GPS Tracking Device Market Share Analysis, by Country, 2023 and 2031

    Figure 97: South America GPS Tracking Device Market, Value (US$ Mn), 2017-2031

    Figure 98: South America GPS Tracking Device Market, Volume (Million Units), 2017-2031

    Figure 99: South America GPS Tracking Device Market Growth Rate, Value, 2017-2031

    Figure 100: South America GPS Tracking Device Market Growth Rate, Volume, 2017-2031

    Figure 101: South America GPS Tracking Device Market Size & Forecast, by Type, Value (US$ Mn), 2017-2031

    Figure 102: South America GPS Tracking Device Market Attractiveness, by Type, Value (US$ Mn), 2023-2031

    Figure 103: South America GPS Tracking Device Market Share Analysis, by Type, 2023 and 2031

    Figure 104: South America GPS Tracking Device Market Size & Forecast, by Deployment, Value (US$ Mn), 2017-2031

    Figure 105: South America GPS Tracking Device Market Attractiveness, by Deployment, Value (US$ Mn), 2023-2031

    Figure 106: South America GPS Tracking Device Market Share Analysis, by Deployment, 2023 and 2031

    Figure 107: South America GPS Tracking Device Market Size & Forecast, by Application, Value (US$ Mn), 2017-2031

    Figure 108: South America GPS Tracking Device Market Attractiveness, by Application, Value (US$ Mn), 2023-2031

    Figure 109: South America GPS Tracking Device Market Share Analysis, by Application, 2023 and 2031

    Figure 110: South America GPS Tracking Device Market Size & Forecast, by Industry Vertical, Value (US$ Mn), 2017-2031

    Figure 111: South America GPS Tracking Device Market Attractiveness, by Industry Vertical, Value (US$ Mn), 2023-2031

    Figure 112: South America GPS Tracking Device Market Share Analysis, by Industry Vertical, 2023 and 2031

    Figure 113: South America GPS Tracking Device Market Size & Forecast, by Country, Value (US$ Mn), 2017-2031

    Figure 114: South America GPS Tracking Device Market Attractiveness, by Country, Value (US$ Mn), 2023-2031

    Figure 115: South America GPS Tracking Device Market Share Analysis, by Country, 2023 and 2031

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