GPS Tracking Device Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

Opportunities in the GPS tracking device market have evolved through a number of stages. Lucintel has found the future of this market to be promising; the GPS tracking device market is expected to reach $2.4 billion by 2025 with a CAGR of 5%. In this market, commercial vehicle is the largest segment by development type, whereas standalone tracker is largest by device type. Players can benefit from the available opportunities like growing demand for rise in adoption of intelligent transport systems.

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CalAmp Corporation, Orbcomm Inc., Sierra Wireless, ATrack Technology, Geotab, Concox Information, Trackimo, Meitrack Group, and Ruptela UAB are some of the companies profiled in this report.

Some of the features of this report:

  • Market size estimates:GPS tracking device market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis:Market trend (2014-2019) and forecast (2020-2025) by segments and region.
  • Segmentation analysis: GPS tracking device market size by various segments, such as end use industry, device type, and deployment type by value and volume shipment.
  • Regional analysis:GPS tracking device market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities:Analysis on growth opportunities in different applications and regions of GPS tracking device in the GPS tracking device market.
  • Strategic analysis:This includes M&A, new product development, and competitive landscape of GPS tracking device in the GPS tracking device market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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