Press release
Vehicle Tracking Market Expected to Reach USD 60.23 Billion by 2030, According to Maximize Market Research Report
๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Maximize Market Research, has published market intelligence and competitive landscape report on the Vehicle Tracking Market published in Jan 2024. The report is a combination of primary data and secondary data and field experts have examined the Vehicle Tracking Market.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/12634/
๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The vehicle tracking market leverages GPS technology to monitor vehicle locations confirming proper usage and helping in theft recovery. Real-time vehicle tracking systems convey coordinates for immediate monitoring, while non-real-time systems record coordinates for later retrieval. The vehicle tracking market is important for fleet management, enhancing efficiency and aiding in theft recovery.
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
The integration of IoT and advanced telematics is transforming the vehicle tracking market. Improved connectivity and data-sharing capabilities enable real-time insights, improving operational productivity, opening opportunities for analytical maintenance and dynamic route optimization. The rise in Mobility-as-a-Service (MaaS) adoption within the vehicle tracking market combines diverse transportation modes into an on-demand solution creating lucrative growth opportunities. Advancements in digital technologies, AI, and IoT have increased the demand within the vehicle tracking market.
Even with its advantages, the vehicle tracking market faces challenges such as technical knowledge gaps in fuel monitoring and data privacy concerns. Unauthorized access to vehicle data can lead to security threats and discouraging end customers from using vehicle tracking systems in the vehicle tracking market.
North America dominate the vehicle tracking market in 2023, driven by IoT-enabled tracking devices that facilitate real-time data analysis and predictive maintenance. The Asia Pacific region is experiencing significant growth in the vehicle tracking market due to rapid urbanization, e-commerce expansion, and government initiatives to improve road safety and transportation infrastructure.
๐๐ฅ๐๐ข๐ฆ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/12634/
Vehicle Tracking Market Scope:
Market Size in 2023 USD 24.18 Bn.
Market Size in 2030 USD 60.23 Bn.
CAGR 14% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 265
No. of Tables 110
No. of Charts and Figures 103
Segment Covered by Component, Vehicle Type, Technology, and End User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Vehicle Tracking Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ญ๐ก๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Hardware
Software
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐
Passenger Vehicles
Commercial Vehicles
By Technology
GPS/Satellite
GPRS/Cellular Network
Dual Mode
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Transportation & Logistic
Construction & Manufacturing
Aviation
Retail
Government & Defense
Other
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
VerizonCommunications Inc. (USA)
Geotab Inc. (Canada)
CalAmp (USA)
ORBCOMM Inc. (USA)
TomTom International B.V. (Netherlands)
Teltonika (Vilnius, Lithuania)
Continental AG (Hanover, Germany)
Denso Corporation (Japan)
NEC Corporation
Cartrack
๐๐ข๐ฏ๐ ๐๐๐๐ฉ ๐ข๐ง๐ญ๐จ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/vehicle-tracking-market/12634/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is the growth rate of the Global Vehicle Tracking Market?
Which region is expected to dominate the Global Vehicle Tracking Market?
What is the expected Global Vehicle Tracking Market size by 2030?
Which are the top players in the Global Vehicle Tracking Market?
What are the factors driving the Global Vehicle Tracking Market growth?
Which country held the largest Global Vehicle Tracking Market share in 2023?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Vehicle Tracking Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Vehicle Tracking Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
๐๐จ๐ฐ-๐๐ฉ๐๐๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ the size was valued at USD 10.59 Bn. in 2023 and the total market is expected to grow at 8.4% of CAGR through 2024 to 2030, reach USD 18.62 Bn. https://www.maximizemarketresearch.com/market-report/low-speed-vehicle-market/164021/
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 57.85 Billion in 2023 and the Market revenue is expected to grow at a CAGR of 30.01% from 2024 to 2030, reaching nearly USD 363.22 Billion. https://www.maximizemarketresearch.com/market-report/electric-commercial-vehicle-market/147852/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐ญ. ๐๐ญ๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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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