HOME Top Market Reports GPS Tracking Device Market by Type (Standalone Tracker, OBD Device & Advance Tracker), Deployment Type (Commercial Vehicle, Cargo & Container), Industry (Transportation & Logistics, Metals & Mining, and Construction) and Geography - Global Forecast to 2023

GPS Tracking Device Market by Type (Standalone Tracker, OBD Device & Advance Tracker), Deployment Type (Commercial Vehicle, Cargo & Container), Industry (Transportation & Logistics, Metals & Mining, and Construction) and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: June 2017
Report Code: SE 1089

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The GPS tracking device market was valued at USD 1.25 Billion in 2016 and is expected to grow at a CAGR of 12.91% between 2017 and 2023. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market based on type, deployment type, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the tracking device market. The report also gives a detailed overview of the value chain in the market and analyzes the market trends based on the DIVE microquadrant analysis.

The research methodology used to estimate and forecast the GPS tracking device market begins with capturing data on key vendor revenues through secondary research such as IEEE journals, embedded real-time software exhibition and congress, and leading player’s newsletters. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the below figure:

GPS Tracking Device Market

To know about the assumptions considered for the study, download the pdf brochure

The GPS tracking device ecosystem comprises GNSS chip/module providers, software platform providers, communication service providers, distributors, and end users. The players involved in the development of GPS trackers include Calamp Corp. (US), Orbocomm Inc. (US), Sierra Wireless Inc. (Canada), Queclink Wireless Solutions Co., Ltd. (China), and Concox Information Technology Co., Ltd. (China), as well as exhibitions such as Munich Satellite Navigation Summit (Germany), NaviTech 2016 (Russia), and Telematics Conference Middle East & Africa.

Target audience of the report:

  • Associations, organizations, forums, and alliances
  • Supplier of GPS tracking devices
  • GNSS/GPS IC supplier
  • GNSS module supplier
  • GPS antenna supplier
  • Companies involves in fleet management and telematics
  • Distributors and traders
  • Research organizations and consulting companies
  • Semiconductor product designers and fabricators
  • Software and service providers
  • Technology investors
  • Technology solution providers

This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments

Scope of the report:

This research report categorizes the global GPS tracking device market on the basis of on type, deployment type, industry, and geography.

GPS Tracking Device Market, by Type:

  • Standalone Tracker
  • OBD Device
  • Advance Tracker

 GPS Tracking Device Market, by Deployment Type:

  • Commercial Vehicle
  • Cargo & Container
  • Others

GPS Tracking Device Market, by Industry:

  • Transportation & Logistics
  • Construction
  • Oil & Gas
  • Metals & Mining
  • Government
  • Others (Hospitality, Education, Retail, Agriculture, and Healthcare)

GPS Tracking Device Market, by Geography:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objective of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumption

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 34)
    4.1 GPS Tracking Device Opportunities, 2017–2023
    4.2 GPS Tracking Device, By Type (2017–2023)
    4.3 Market, By Deployment Type (2017–2023)
    4.4 GPS Tracking Device, By Industry and Region
    4.5 GPS Tracking Device, By Geography

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Value Chain Analysis
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growth of Commercial Vehicles
                    5.3.1.2 Smaller Size, Longer Life, and High Roi
                    5.3.1.3 Affordable Prices
           5.3.2 Restraints
                    5.3.2.1 Impact of Nonstandard Products and Several Environmental Factors Leads to Poor User Experience
           5.3.3 Opportunities
                    5.3.3.1 Usage of GPS Tracking Device for Usage-Based Insurance (UBI)
                    5.3.3.2 Advancement in the Software
           5.3.4 Challenges
                    5.3.4.1 Increasing Adoption of Hardware Agnostic Tracking Solutions

6 GPS Tracking Device Market, By Type (Page No. - 42)
    6.1 Introduction
    6.2 Standalone Tracker
    6.3 PBD Device
    6.4 Advance Tracker

7 GPS Tracking Device Market, By Deployment Type (Page No. - 50)
    7.1 Introduction
    7.2 Commercial Vehicle
    7.3 Cargo and Container
    7.4 Others

8 Communication Technologies for GPS Tracking Device (Page No. - 59)
    8.1 Introduction
    8.2 Satellite
    8.3 Cellular

9 GPS Tracking Device Market, By Industry (Page No. - 61)
    9.1 Introduction
    9.2 Transportation & Logistics
    9.3 Construction
    9.4 Oil & Gas
    9.5 Metals & Mining
    9.6 Government
    9.7 Others
           9.7.1 Education
           9.7.2 Retail
           9.7.3 Hospitality
           9.7.4 Agriculture
           9.7.5 Healthcare

10 GPS Tracking Device Market, By Geography (Page No. - 75)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 UK
             10.3.2 Germany
             10.3.3 France
             10.3.4 Rest of Europe
     10.4 APAC
             10.4.1 China
             10.4.2 Japan
             10.4.3 South Korea
             10.4.4 Rest of APAC
     10.5 Rest of the World
             10.5.1 Middle East & Africa
             10.5.2 South America

11 Competitive Landscape (Page No. - 93)
     11.1 Overview
     11.2 Market Ranking Analysis: GPS Tracking Device Market
     11.3 Market Dive Chart
             11.3.1 Vanguards
             11.3.2 Dynamic Players
             11.3.3 Innovators
             11.3.4 Emerging Players
             11.3.5 Micro Quadrant
     11.4 Product Offering Parameters
     11.5 Business Strategy Parameters
*Top Companies Analyzed for This Study are – Calamp Corp. (US); Orbocomm Inc. (US); Teltonika UAB (Lithuania); Sierra Wireless Inc. (Canada); Quelink Wireless Solution Co., Ltd. (China); Atrack Technology Inc. (Taiwan); Geotab, Inc. (Canada); Concox Information Technology Co., Ltd (China); Trackimo LLC (US); Meitrack Group (China); Ruptela UAB (Lithuania); Baltic Car Equipment Ltd. (Lithuania); Neomatic LLC (Russia); Suntech International Ltd. (South Korea); Geoforce Inc. (US); Satellite Solutions (Russia); Shenzen Coban Electronics Co., Ltd. (China); Box Telematics Ltd. (UK); Idem Telematics GmbH (Germany); Laird PLC (UK); Tomtom International Bv (Netherlands); Maestro Wireless Solutions (Honk Kong); Xirgo Technology LLC (US); Danlaw Inc. (US); Starcom System Ltd. (US);
     11.6 Competitive Situations and Trends
             11.6.1 Product Launches
             11.6.2 Partnerships, Collaborations, Agreements, and Acquisitions

12 Company Profiles (Page No. - 103)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     12.1 Calamp Corporation
     12.2 Sierra Wireless, Inc.
     12.3 Orbocomm Inc.
     12.4 Queclink Wireless Solutions Co ., Ltd
     12.5 Shenzhen Concox Information Technology Co., Ltd
     12.6 Laird PLC.
     12.7 Tomtom International Bv
     12.8 Meitrack Group
     12.9 Teltonika UAB
     12.10 Atrack Technology Inc.
     12.11 Trackimo LLC
     12.12 Geotab Inc.
     12.13 Key Innovators
             12.13.1 Shenzhen Coban Electronics Co., Ltd
             12.13.2 Xirgo Technologies, Inc.
             12.13.3 Maestro Wireless Solutions Ltd.
             12.13.4 Ruptela UAB

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 133)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide for the Market
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (63 Tables)

Table 1 GPS Tracking Device Market, 2014–2023 (Value and Volume)
Table 2 GPS Tracking Device Market, By Type, 2014–2023 (USD Million)
Table 3 Standalone Tracker Market, By Deployment Type, 2014–2023 (USD Million)
Table 4 Standalone Tracker Market, By Industry, 2014–2023 (USD Million)
Table 5 Standalone Tracker Market, By Region, 2014–2023 (USD Million)
Table 6 PBD Device Market, By Deployment Type, 2014–2023 (USD Million)
Table 7 PBD Device Market, By Industry, 2014–2023 (USD Million)
Table 8 PBD Device Market, By Region, 2014–2023 (USD Million)
Table 9 Advance Tracker Market, By Deployment Type, 2014–2023 (USD Million)
Table 10 Advance Tracker Market, By Industry, 2014–2023 (USD Million)
Table 11 Advance Tracker Market, By Region, 2014–2023 (USD Million)
Table 12 GPS Tracking Device, By Deployment Type, 2014–2023 (USD Million)
Table 13 Market for Commercial Vehicle, By Type, 2014–2023 (USD Million)
Table 14 GPS Tracking Device for Commercial Vehicle, By Industry, 2014–2023 (USD Million)
Table 15 GPS Tracking Device Market for Commercial Vehicle, By Region, 2014–2023 (USD Million)
Table 16 GPS Tracking Device for Cargo and Container, By Type, 2014–2023 (USD Million)
Table 17 Market for Cargo and Container, By Industry, 2014–2023 (USD Million)
Table 18 GPS Tracking Device for Cargo and Container, By Region, 2014–2023 (USD Million)
Table 19 GPS Tracking Device Market for Other Deployments, By Type, 2014–2023 (USD Million)
Table 20 GPS Tracking Device for Other Deployments, By Industry, 2014–2023 (USD Million)
Table 21 GPS Tracking Device for Others, By Region, 2014–2023 (USD Million)
Table 22 Market, By Industry, 2014–2023 (USD Million)
Table 23 GPS Tracking Device for Transportation & Logistics Industry, By Type, 2014–2023 (USD Million)
Table 24 GPS Tracking Device for Transportation & Logistics Industry, By Deployment Type, 2014–2023 (USD Million)
Table 25 GPS Tracking Device Market for Transportation & Logistics Industry, By Region, 2014–2023 (USD Million)
Table 26 GPS Tracking Device for Construction Industry, By Type, 2014–2023 (USD Million)
Table 27 Market for Construction Industry, By Deployment Type, 2014–2023 (USD Million)
Table 28 GPS Tracking Device for Construction Industry, By Region, 2014–2023 (USD Million)
Table 29 GPS Tracking Device Market for Oil & Gas Industry, By Type, 2014–2023 (USD Million)
Table 30 GPS Tracking Device for Oil & Gas Industry, By Deployment Type, 2014–2023 (USD Million)
Table 31 Market for Oil & Gas Industry, By Region, 2014–2023 (USD Million)
Table 32 GPS Tracking Device for Metals & Mining Industry, By Type, 2014–2023 (USD Million)
Table 33 GPS Tracking Device Market for Metals & Mining Industry, By Deployment Type, 2014–2023 (USD Million)
Table 34 GPS Tracking Device for Metals & Mining Industry, By Region, 2014–2023 (USD Million)
Table 35 GPS Tracking Device Market for Government, By Type, 2014–2023 (USD Million)
Table 36 GPS Tracking Device for Government, By Deployment Type, 2014–2023 (USD Million)
Table 37 GPS Tracking Device Market for Government, By Region, 2014–2023 (USD Million)
Table 38 GPS Tracking Device for Other Industries, By Type, 2014–2023 (USD Million)
Table 39 Market for Other Industries, By Deployment Type, 2014–2023 (USD Million)
Table 40 GPS Tracking Device for Other Industries, By Region, 2014–2023 (USD Million)
Table 41 GPS Tracking Device Market, By Region, 2014–2023 (USD Million)
Table 42 GPS Tracking Device in North America, By Type, 2014–2023 (USD Million)
Table 43 GPS Tracking Device Market in North America, By Deployment, 2014–2023 (USD Million)
Table 44 GPS Tracking Device in North America, By Industry, 2014–2023 (USD Million)
Table 45 GPS Tracking Device Market in North America, By Country, 2014–2023 (USD Million)
Table 46 GPS Tracking Device in Europe, By Type, 2014–2023 (USD Million)
Table 47 GPS Tracking Device Market in Europe, By Deployment, 2014–2023 (USD Million)
Table 48 GPS Tracking Device in Europe, By Industry, 2014–2023 (USD Million)
Table 49 GPS Tracking Device Market in Europe, By Country, 2014–2023 (USD Million)
Table 50 GPS Tracking Device in APAC, By Type, 2014–2023 (USD Million)
Table 51 GPS Tracking Device Market in APAC, By Deployment, 2014–2023 (USD Million)
Table 52 GPS Tracking Device in APAC, By Industry, 2014–2023 (USD Million)
Table 53 GPS Tracking Device Market in APAC, By Country, 2014–2023 (USD Million)
Table 54 GPS Tracking Device in RoW, By Type, 2014–2023 (USD Million)
Table 55 GPS Tracking Device Market in RoW, By Deployment, 2014–2023 (USD Million)
Table 56 GPS Tracking Device in RoW, By Industry, 2014–2023 (USD Million)
Table 57 GPS Tracking Device Market in RoW, By Region, 2014–2023 (USD Million)
Table 58 GPS Tracking Device in Middle East & Africa, By Type, 2014–2023 (USD Million)
Table 59 GPS Tracking Device Market in South America, By Type, 2014–2023 (USD Million)
Table 60 GPS Tracking Device in South America, By Region, 2014–2023 (USD Million)
Table 61 Top Five Player Ranking Analysis, 2016
Table 62 Product Launches, 2017
Table 63 Partnerships, Collaborations, Agreements, and Acquisitions, 2016–2017


List of Figures (44 Figures)

Figure 1 GPS Tracking Device Market Segmentation
Figure 2 Market: Research Design
Figure 3 GPS Tracking Device Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 GPS Tracking Device Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumption of the Research Study
Figure 7 GPS Tracking Device Segmentation
Figure 8 Advance Tracker Expected to Dominate the Market During the Forecast Period
Figure 9 Cargo and Container Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Transportation & Logistics Industry Anticipated to Dominate the Market
Figure 11 The Market in Europe Held the Largest Market Share in 2016
Figure 12 Attractive Growth Opportunities in Market Between 2017 and 2023
Figure 13 Advance Tracker Estimated to Capture the Highest Market Share in 2023
Figure 14 Commercial Vehicle Deployment of GPS Tracking Device Expected to Capture the Highest Market Share in 2017
Figure 15 Europe is Expected to Dominate the Market in 2017
Figure 16 US Held the Largest Share of Market in 2016
Figure 17 Major Value Addition is Done in First Two Phases
Figure 18 DROC: GPS Tracking Device Market
Figure 19 Global Commercial Vehicle Sales
Figure 20 GPS Tracking Device, By Type
Figure 21 Advance Tracker is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 22 Transportation & Logistics is Expected to Hold the Largest Market Size for PBD Devices During the Forecast Period
Figure 23 GPS Tracking Device, By Deployment Type
Figure 24 Market for Cargo & Container Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 North America is Expected to Capture the Highest Market Share in 2023
Figure 26 Communication Technologies Used in GPS Tracking Device
Figure 27 GPS Tracking Device Market, By Industry
Figure 28 Transportation & Logistics Expected to Dominate the Market From 2017 to 2023
Figure 29 Cargo and Container Market Expected to Grow at the Highest CAGR During Forecast Period
Figure 30 Advance Tracker in Government Sector Expected to Hold Highest Market Share During Forecast Period
Figure 31 Market, Geographic Snapshot (2017–2023)
Figure 32 US to Hold the Largest Share of the North American Market Between 2017 and 2023
Figure 33 Advance Tracker Expected to Dominate the Market in Europe
Figure 34 China to Hold the Largest Share of the Market in APAC Between 2017 and 2023
Figure 35 Advance Tracker Expected to Dominate the Market in Rest of the World
Figure 36 GPS Tracking Device Market Evolution Framework: Product Launches has Been the Key Strategy Between 2015 and 2017
Figure 37 Companies Adopted Product Launches as the Key Growth Strategy Between 2015 and 2017
Figure 38 Dive Chart
Figure 39 Battle for Market Share: Product Launches Was the Key Strategy Between 2015 and 2017
Figure 40 Calamp Corporation: Company Snapshot
Figure 41 Sierra Wireless, Inc.: Company Snapshot
Figure 42 Orbocomm Inc.: Company Snapshot
Figure 43 Laird PLC: Company Snapshot
Figure 44 Tomtom International BV: Company Snapshot

The GPS tracking device market is expected to reach USD 2.89 Billion by 2023, at a CAGR of 12.91% between 2017 and 2023. The growth of this market is propelled by various factors such as increasing commercial vehicle sales; and various government mandates such as electronic logging device (ELD), affordable price, high ROI, and vehicle theft protection.

The transportation & logistic industry accounted for the largest share of GPS tracking device market. The said industry is expected to grow at the highest CAGR during the forecast period. GPS tracking device is widely used in commercial vehicles such as trucks, trailers, buses, and light commercial vehicles for tracking purposes. According to International Organization of Motor Vehicle Manufacturers (OICA), the global commercial vehicle sales have surged by 3.27% and 4.37% in 2015 and 2016, respectively. This factor drives the deployment of GPS tracking of commercial vehicles, thereby driving the growth of transportation & logistics industry.

Advance tracker is expected to grow at the highest CAGR during the forecast period. Advance tracker is professionally installed in vehicles, and cargo and container not only provides vehicle location but also share engine diagnosis and various parameters for temperature-controlled logistics. The information related to vehicle performance captured by these devices is valuable, and thus the adoption rate of these trackers is high as compared to other types of GPS trackers.

GPS tracking devices market for commercial vehicles held the largest market size in 2016. Deployment of GPS tracking device helps to track and monitor commercial vehicles such as trucks, buses, heavy commercial vehicles, and construction vehicles. Calamp Corp. (US), Orbocomm Inc. (US), Teltonika UAB (Lithuania), Queclink Wireless Solutions Co., Ltd. (China), Concox Information Technology Co., Ltd. (China), Atrack Technology Inc. (Taiwan), among others offer GPS tracking devices for commercial vehicles.

The European GPS tracking device market is a mature one and is expected to sustain its position in the coming years. Being the automotive manufacturing hub, various companies such as Teltonika UAB (Lithuania), Ruptela UAB (Lithuania), Neomatica LLC (Russia), and Box Telematics Ltd. (UK) are offering GPS tracking devices in the said market. In addition, various events, and conferences related to GPS tracking device are also driving the growth of the European market. APAC is expected to be the fastest-growing market in the overall market during the forecast period. The major driving factors for the growth of the market in APAC are increased number of manufacturing facilities, aging infrastructure, and asset’s safety and security.

GPS Tracking Device Market

One of the key restraining factors for the GPS tracking device market is nonstandard products that are coming into the market.  To gain competitive advantage, some manufacturers are introducing low-cost GPS tracking devices in the market. These devices may lead to poor user experience because of substandard GPS tracking devices.

The key market players such as Calamp Corp. (US) and Orbocomm Inc. (US) are focusing on strategies such as product launches, acquisitions, and collaborations to enhance their product offerings and expand their business.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Security and Surveillance Markets on KnowledgeStore
Request Demo