Press release
Vehicle Tracking Market is expected to hit USD 52.63 Bn emerging at a Growth Rate of 13 percent by 2029 by Type, Technology, Competitive Landscape, End-User, and Regional insight
Pune 07, Feb 2023: As per the report published by Maximize Market research, the Global Automotive and Transportation business research and consultancy firm, the total global market for the "Vehicle Tracking Market" was USD 19.8 Bn in 2021 and is expected to grow at a CAGR of 13 percent over the forecast period to reach USD 52.63 Bn by 2029. Increasing adoption of intelligent transportation systems and deployment of 5G vehicle networks is expected to drive market growth.Vehicle Tracking Market Report Scope and Research Methodology
The report provides the market's potential opportunities and growth of the Vehicle Tracking Market. The market's ongoing mergers, acquisitions, strategic alliances, joint ventures, and partnerships, as well as the geographical, financial, and strategic drivers are provided in the report. The report provides an analysis of the Vehicle Tracking Market with industry revenue, market leaders, and followers and disrupted on the basis of various regions and forecast the value. The report covers a competitive analysis of market drivers, restraints, opportunities and growth of the Vehicle Tracking Market in detail. This gives regional coverage of key industries covered in the report to measure their dominance with Key manufacturers. The report Bottom-up approach was used to estimate the market size. Secondary research was used to identify the market's major players, and primary and secondary research was used to calculate their market revenues.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/vehicle-tracking-market/12634/
Vehicle Tracking Market Dynamics
The increasing population and traffic accidents and the increasing focus on passenger safety with strict implementation through the government, is expected to drive the Vehicle Tracking Market growth. Increasing adoption of intelligent transportation systems and deployment of 5G vehicle networks is expected to drive the Vehicle Tracking Market growth during the forecast period. While ongoing demand for semiautonomous and autonomous cars across the globe is creating opportunities for Vehicle Tracking Market sales and revenue growth.
Vehicle Tracking Market Regional Insights
North America held the largest market share in 2021 and is expected to continue to grow during the forecast period in this region. The growing advancement, digital technologies, smartphones, and logistic services adoption as well as demand for vehicle tracking systems (like GPS technology detect the vehicle location) are expected to drive the market growth in the region.
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Vehicle Tracking Market Segmentation
By Type:
Commercial Vehicles
Passenger Vehicles
By Application:
Mobile Tracking
Cellular Tracking
Satellite Tracking
By Industry Vertical:
Transportation and Logistics
Construction & Manufacturing
Aviation
Retail
Government
Other
Vehicle Tracking Market Key Players include:
Verizon
Geotab Inc.
Cartrack
TomTom International B.V.
CalAmp
Teltonika
ORBCOMM Inc.
Xirgo Technologies, LLC
Laipac Technology Inc.
Trackimo Inc.
Spireon Inc.
Inseego Corp.
Fortive Corporation (Teletrac Navman US Ltd)
AT&T Inc.
Continental AG
Robert Bosch GmbH
Verizon Communications Inc.
Geotab Inc.
Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/12634
Table of content for Vehicle Tracking Market:
Global Vehicle Tracking Market: Research Methodology
Global Vehicle Tracking Market: Executive Summary
Market Overview and Definitions
Introduction to Global Vehicle Tracking Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Vehicle Tracking Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Vehicle Tracking Market Segmentation
Global Vehicle Tracking Market, by Type (2021-2029)
Global Vehicle Tracking Market, by Application (2021-2029)
Global Vehicle Tracking Market, by Industry Vertical (2021-2029)
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Regional Vehicle Tracking Market(2021-2029)
Regional Vehicle Tracking Market, by Type (2021-2029)
Regional Vehicle Tracking Market, by Application (2021-2029)
Regional Vehicle Tracking Market, by Industry Vertical (2021-2029)
Regional Vehicle Tracking Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Type, Application, Industry Vertical, and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:
Vehicle Tracking Systems Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-vehicle-tracking-systems-market/118112/
Vehicle Access Control Market -Global Industry Analysis and Forecast 2022-2027 - know more: https://www.maximizemarketresearch.com/market-report/global-vehicle-access-control-market/114796/
GPS Tracking Device Market- Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-gps-tracking-device-market/55483/
GPS Bike Computers Market-Global Industry Analysis and Forecast (2022-2027) - know more: https://www.maximizemarketresearch.com/market-report/gps-bike-computers-market/145957/
Automotive Sensor Market: Emerging Opportunities, Trends and Forecast Analysis (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/automotive-sensors-market/13878/
Nano GPS Chip Market: Global Industry Analysis and Forecast (2021-2027) - know more: https://www.maximizemarketresearch.com/market-report/global-nano-gps-chip-market/34005/
Global Automotive Biometrics Market: Industry Analysis and Forecast 2020 -2027 - know more: https://www.maximizemarketresearch.com/market-report/global-automotive-biometrics-market/120252/
Applicant Tracking System (ATS) Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/applicant-tracking-system-ats-market/11581/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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