Vehicle Tracking Systems Market Expected to reach $14,957.5 million by 2025 Growing at a CAGR of 19.9% | AT&T, Cartrack Holdings, Continental AG, Robert Bosch, Verizon Communications, Spireon

The global vehicle tracking systems market is expected to reach $14,957.5 million by 2025, from $3,795.0 million in 2017, growing at a CAGR of 19.9% from 2018 to 2025. Vehicle tracking systems are used for checking and controlling the vehicle development, utilizing GPS, mobiles, PCs, equipment interface, and other devices.

The key factor that drives the growth of the global vehicle tracking systems market includes upsurge in adoption of smart transport solutions. Moreover, rise in fleet operations especially in emerging markets is expected to boost the revenue growth of the market during the forecast period. In addition, vehicle tracking systems ensure safety and security within transportation services, thereby increasing their demand. However, increase in choices pertaining to vehicle tracking systems creating market shifts is expected to hinder the market growth. Conversely, introduction of 5G technology and identification of new industry verticals are anticipated to provide lucrative growth opportunities for the growth of the market.

Top Companies Covered in this Report:
AT&T Inc., Cartrack Holdings Limited, Continental AG, Robert Bosch GmbH, Verizon Communications Inc., Spireon, Inc., Geotab Inc., Inseego Corp., TomTom, Inc., Teletrac Navman US Ltd.

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The vehicle tracking systems market is segmented based on type, vehicle type, application, industry vertical, and region. Based on type, the market is categorized into active and passive. By type of vehicle, it is divided into commercial vehicles and passenger vehicles. By application, it is fragmented into mobile tracking, cellular tracking, and satellite tracking. In terms of vertical industry it is segregated into transport & logistics, construction & manufacturing, aviation, retail, government, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific (APAC), and LAMEA. Asia-Pacific is anticipated to be the largest market for vehicle tracking systems during the forecast period.

KEY BENEFITS FOR STAKEHOLDERS

- This study presents the analytical depiction of the global Vehicle Tracking Systems market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type       
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Vehicle Tracking Systems Market Size
2.2 Vehicle Tracking Systems Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Vehicle Tracking Systems Market Size by Manufacturers
3.2 Vehicle Tracking Systems Key Players Head office and Area Served
3.3 Key Players Vehicle Tracking Systems Product/Solution/Service
3.4 Date of Enter into Vehicle Tracking Systems Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Vehicle Tracking Systems Sales by Product
4.2 Global Vehicle Tracking Systems Revenue by Product
4.3 Vehicle Tracking Systems Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Vehicle Tracking Systems Breakdown Data by End User

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This release was published on openPR.