Press release
Vehicle Tracking market will reach 9420 million USD by the end of 2023
A vehicle tracking system combines the use of automatic vehicle location in individual vehicles with software that collects these fleet data for a comprehensive picture of vehicle locations.
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Global Vehicle Tracking Market: Forecast by Type / Application / Region
Modern vehicle tracking systems commonly use GPS or GLONASS technology for locating the vehicle, but other types of automatic vehicle location technology can also be used. Vehicle information can be viewed on electronic maps via the Internet or specialized software. Urban public transit authorities are an increasingly common user of vehicle tracking systems, particularly in large cities.
The global Vehicle Tracking market is valued at 6420 million USD in 2017 and is expected to reach 9420 million USD by the end of 2023, growing at a CAGR of 6.6% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Vehicle Tracking.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
This report studies the Vehicle Tracking market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Vehicle Tracking market by product type and applications/end industries.
Global Vehicle Tracking Market:Key Players
Calamp
CarTrack
Fleetistics
Fleetmatics
Garmin
Geotab
Maestro Wireless Solutions
Meitrack Group
Mio
Navotar
Nextraq
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Related Information:
United States Vehicle Tracking Market 2018 Forecast to 2023
Europe Vehicle Tracking Market 2018 Forecast to 2023
North America Vehicle Tracking Market 2018 Forecast to 2023
Asia-Pacific Vehicle Tracking Market 2018 Forecast to 2023
China Vehicle Tracking Market 2018 Forecast to 2023
EMEA Vehicle Tracking Market 2018 Forecast to 2023
Global Vehicle Tracking Market 2018 Forecast to 2023
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