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Top 3 key players of the GPS Tracking Device Market are Orbcomm Inc Laird PLC. Teltonika UAB

10-17-2018 01:50 PM CET | Media & Telecommunications

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
GPS Tracking Device Market

GPS Tracking Device Market

GPS tracking devices are used to obtain accurate, real-time location-based information about a child, an adult, a vehicle, or even some other type of asset that you may have. These devices are used to detect the vehicle or person, that use the global positioning system to determine and track its precise location, and hence that of its carrier, at intervals. The location of the moving vehicle or person can be stored and transmitted to others, which are connected through internet using cellular (GPRS or SMS), radio, or satellite modem embedded in the unit. The GPS tracker contains a GPS module to receive the GPS signal.

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The factors such as low cost GPS tracking devices, growing use of GPS tracking systems in commercial vehicles and long life of the GPS device fuel the growth of the market. However, impact of nonstandard products and several environmental factors that lead to poor user experience limit the market growth. Furthermore, the advancement in the technology and software is expected to provide several opportunities for the market in the near future.

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The GPS tracking device market is segmented on the basis of type, application, and geography. By type, it is divided into data loggers, data pushers, data pullers, and covert GPS trackers. By application, it is classified into aerospace & defense, oil & gas, mining, transportation, and others. By geography, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

The major companies profiled in the report include Orbcomm Inc, Laird PLC., Teltonika UAB, Geotab Inc., Sierra Wireless, Inc., Queclink Wireless Solutions Co ., Ltd, Tomtom International Bv, Atrack Technology Inc., Calamp Corporation, and Shenzhen Concox Information Technology Co.

Key Benefits

Comprehensive analysis of the current trends and future estimations in the GPS tracking device market is provided from 2017 to 2023
The report offers a competitive scenario of the market with growth trends, structure, driving factors, scope, opportunities, and challenges.
The report includes a detailed analysis of the key segments to provide insights on market dynamics.
Porters Five Forces analysis highlights the potential of buyers and suppliers and provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making.

Gps Tracking Device Market Key Segments:
By Type
Data loggers
Data pushers
Data pullers
Covert GPS Trackers

By Application
Aerospace & Defense
Oil & Gas
Mining
Transportation
Others

By Geography
North America
U.S.
Mexico
Canada
Europe

UK
Germany
France
Rest of Europe

Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific

LAMEA
Latin America
Middle East
Africa

Key Players

Orbcomm Inc
Laird PLC.
Teltonika UAB
Geotab Inc.
Sierra Wireless Inc.
Queclink Wireless Solutions Co. Ltd
Tomtom International BV
Atrack Technology Inc.
Calamp Corporation
Shenzhen Concox Information Technology Co. Ltd.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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